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Decorative Coatings Market Share

Report ID: GMI6275
Published Date: Jul 2023
Report Format: PDF

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Decorative Coatings Market Share

Some of the major market players operating in the decorative coatings market are :

PPG Industries, Inc.
Sherwin-Williams Company
Akzo Nobel N.V.
Nippon Paint Holdings Co., Ltd.
Axalta Coating Systems Ltd.
BASF SE
Kansai Paint Co., Ltd.
RPM International Inc.
Asian Paints Limited
Hempel A/S
Jotun Group
Benjamin Moore & Co.
DAW SE (Caparol), Berger Paints India Limited,
Dunn-Edwards Corporation

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market for decorative coatings was valued at around USD 80.21 billion in 2023 and is estimated to reach USD 117.1 billion by the end of 2032, backed by the growth of the construction and infrastructure sector.

Interior coating segment is anticipated to grow at 3.2% CAGR through 2032. Decorative coatings play a significant role in enhancing the aesthetic appeal of buildings and interiors, driving demand from homeowners and architects.

U.S. market for decorative coatings accounted for a revenue of USD 15.5 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032, owing to surge in residential and commercial construction projects, as well as home renovation and remodeling activities.

PPG Industries, Inc., Sherwin-Williams Company, Akzo Nobel N.V., Nippon Paint Holdings Co., Ltd., Axalta Coating Systems Ltd., BASF SE, Kansai Paint Co., Ltd., RPM International Inc., Asian Paints Limited, Hempel A/S, Jotun Group, Benjamin Moore & Co., among others.