A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Decorative
Coatings
Market. The
study, titled “Decorative
Coatings Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Global
Decorative Coatings Market: Overview
Decorative
or architectural coatings are the paints and finishes that are used
on residential and commercial buildings. They are basically employed
to decorate rooms by adding colors and make them look fresh and
attractive. They also serve as protecting agents from UV radiation,
bacteria, corrosion, and moisture. The several applications of
decorative coatings include exterior and interior house stains,
varnishes, sealers, primers, and paints. Presently, the beauty of any
product in terms of its appearance, attractiveness, looks, and
aesthetical value is extremely important to make it stand out of its
competitors.
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Market Research Report @
Thus,
decorative paints play a crucial part here. On the basis of type of
architecture, the decorative coatings market can be segmented into
architectural lacquers, interior solvent based coatings, exterior
solvent based coatings, water based coatings, and other types of
architectural coatings.
The
report is an enquiry in the growth of the global decorative coatings
market over the last few years and in the upcoming years. The market
research study further reasons out the causes of the alterations in
the market worldwide. It performs this task by presenting a valuation
of the dynamics and the trends ubiquitous from the last few years and
the ones that are likely to keep hold of a strong presence during the
forecast period. The Porter’s five forces analysis has been taken
into consideration by the analysts to offer a clear view of the
vendor landscape to the readers. Mergers, agreements, acquisitions,
and other partnerships have also been highlighted in the market
research report. The study also delves into the working of several
major companies along with information on their products, strategies,
and shares in question.
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the form for an exclusive sample of this report @
Global
Decorative Coatings Market: Trends and Opportunities
The
global market for decorative coatings is expected to be benefitted by
the rising use in construction sector across several countries such
as Singapore, Vietnam, India, UAE, Qatar, Mexico, the U.S., and
China. The growing demand for these decorative coatings can be
warranted due to their appearance and durability on the surface they
are being applied to. The mushrooming of shopping malls, housing
complexes, office buildings, and residential complexes across the
globe is one of the primary factors driving the growth of the global
decorative coatings market. The rising interest of consumers towards
home decoration and aesthetics along with enhanced living standards
are further expected fuel the demand for decorative coatings.
Some
of the challenges that the market is likely to face is strict
regulations regarding the use of toxic chemicals in the paint and
their harmful effects on the environment. Convenience, technology,
and health concerns may also impede the market’s growth in the near
future.
Global
Decorative Coatings Market: Regional Analysis
The
market for decorative coatings is expected to be highly benefitted
from the growing construction industry in the emerging regions such
as Asia Pacific and the Middle East and Africa. The tilt towards
westernized architecture and improving living standards is further
likely to propel the growth of the market, whereas economic downturn
in the developed regions is likely to slow down the market in North
America and Asia Pacific.
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Global
Decorative Coatings Market: Competitive Landscape
Some
of the prime companies in the market are DuPont, BASF,
Sherwin-Williams, Dow Chemical, Dulux, PPG, and Akzo Nobel NV.
Major
geographies analyzed under this research report are:
- Europe
- North America
- Asia-Pacific
- Rest of the World
This
report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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