Finance > Stock MarketDecorative Coatings Market Outline: Business
Strategies
Kareem Hunt
Hat , Industry Trend, Export,
Posted by priya6007 in Finance on July 5th, 2018
Synopsis of Decorative Coatings Market:
Decorative Coatings are widely used as a protectant and colorant for metal,
wooden and concrete structures against bleaching, chalking and general
deterioration. In the market
Patrick Mahomes
Hat , Decorative Coatings are available as water borne and solvent
borne coatings. These coatings have major applications as enhancing the visual
appeal of substrates in coating wall and ceilings, furniture, and wooden
flooring of the buildings. Additionally, they are used as coatings for metal
objects and plastic materials.
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Key Players:
Some of the prominent players operating in the Global Decorative Coatings
Market are BASF SE (Germany), PPG Industries Inc. (U.S.), The Sherwin-Williams
Company (U.S.)
Tyreek Hill
Hat , Akzo Nobel N.V. (the Netherlands), Asian Paints Limited
(Switzerland), Kansai Paint Co., Ltd. (U.S.), The Valspar Corporation (U.S.),
Arkema S.A. (France)
Armani Watts
Hoodie , Nippon Paints Co. Ltd (Japan), and Tikkurila Oyj (Finalnd)
among others.
Intended Audience
Decorative Coatings ManufacturersTraders and Distributors of Decorative
CoatingsProduction Process IndustriesPotential InvestorsRaw Material
SuppliersNationalized Laboratory
As per our Analysis, some of the prominent market factors and trends
identified in the Global Decorative Coatings Market include rapid rise in human
development index (HDI), rising demand for dazzling colors that are in resonance
with the environmental regulations and policies, and increasing expenditure on
construction activities. Moreover, demand for decorative coatings is predicted
to witness significant growth over the assessment period due to the surging
population. Rising population and necessity to lodge the expanding population
across the globe is anticipated to be an important driver for Decorative
Coatings Market during the review period. Increasing renovation and colorants
customization along with rising disposable income in the emerging economies is
predicted to propel the growth of the market during the assessment
period
Dorian O'Daniel
Hoodie , 2017 to 2023. However, implementation of strict
regulations by various government bodies have restricted the use of toxic
organic chemicals used in the production of decorative coatings, which is
expected to hamper the growth of the market.
Regional Analysis:
North American Decorative Coatings Market is predicted to witness a
tremendous growth on account of high consumption potential, increasing
production capacities, and rising economic growth rate. As of 2016, the U.S
accounted for one of the largest global market share in terms of value &
volume and is estimated to grow with the moderate CAGR on account of growth in
Decorative Coatings application in furniture sector. In Europe
Derrick Nnadi
Hoodie , the demand for Decorative Coatings is predicted to grow in
various countries such as Italy, Germany, Spain, U.K, France, and Russia on
account of increasing expenditure in innovation and growing purchasing power of
consumers. Moreover
Breeland Speaks
Hoodie , presence of major Decorative Coatings manufacturers
specifically in Germany is expected to give a momentum to the market growth.
Latin American countries such as Argentina, Colombia, and Brazil are predicted
to experience decline in the Decorative Coatings Market owing to the financial
crisis where the regional debts has surpassed their incomes.
Access complete report at Global Decorative Coatings Market consists of five
regions: Asia Pacific, Europe, Latin America, North America
Chris Conley
Hoodie , and the Middle East & Africa. Among these, Asia
Pacific is predicted to grow with the highest CAGR during the review period,
2017 to 2023 on account of expanding construction industry. The demand for
Decorative Coatings is predicted to surge in numerous countries of the Middle
East & Africa such as Iraq, the United Arab Emirates, Saudi Arabia,
Iran
Mitch Morse
Hoodie , and Kuwait due to high adoption rate by the construction
industry. Moreover, this region is firmly in the middle of the world’s fastest
growing markets and allowed Dubai in particular, to turn itself into a global
hub for aviation, tourism and logistics.
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Author: Mattie Knight | Posted in Education
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