Decorative Coatings Market Analysis By Product (Primer, Enamel, Emulsions), By Technology (Waterborne, Solventborne) By Application (Residential, Commercial) And Segment Forecasts To 2022

Published: Jan, 2016 | Pages: 83 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

Global decorative coatings market is expected to reach USD 106.97 billion by 2022, according to a new report by Grand View Research, Inc. Rising construction spending in light of urbanization, population growth and government infrastructural plan will augment industry growth. Emerging economies in Southeast Asia including Malaysia, Thailand and Singapore are projected to witness a surge owing to increasing commercial establishments including shopping malls and business parks.

Waterborne coatings accounted for over 70% of global revenue and are expected to gain share over solventborne owing to its non-requirement of additives, hardeners or thinners resulting in cost advantage. In addition, the U.S. EPA and REACH promotes use of waterborne technology which is expected to stimulate market expansion over the next seven years.

Ongoing product development by various companies to manufacture cost-efficient and high performance coatings is further expected to drive demand over the next seven years. However, fluctuating raw material prices along with adverse environment impact of solventborne coatings is expected to restrict market growth over the next seven years. Introduction of nanocoatings along with green coatings is expected to open new opportunities for growth over the forecast period.

Further key findings from the report suggest:

Global decorative coatings market demand was 21,473.1 kilo tons in 2014 and is expected to reach 34,483.7 kilo tons by 2022, growing at a CAGR of 6.1% from 2015 to 2022

Primer is expected to witness rapid gains at an estimated CAGR of 6.3% from 2015 to 2022 as it acts as a leveler and protector for other products
Commercial applications are expected to witness significant rise, in terms of volume, at a CAGR of 6.0% from 2015 to 2022 on account of rapid industrialization, increasing government infrastructure spending along with increasing FDI in India and China. In addition, 2016 Olympic Games in Rio de Janeiro will augment demand in commercial sector.

North America accounted for over 15% of the global market share and is expected to witness significant gains in light of rapid infrastructure development and re-development in the U.S. and Mexico. Government efforts on reducing carbon footprints by deploying eco-friendly products will augment waterborne coatings industry over the forecast period.

Key industry players include PPG Industries, BASF, Sherwin-Williams, AkzoNobel, Kansai Paint and Nippon Paint. Various companies are involved in continuous R&D and technological development to enhance coatings properties including stability and low VOCs. For instance, Axalta Coating Systems provides waterborne coatings which significantly reduce energy consumption, VOCs emissions and overall investment. In June 2015, Dow Coatings Materials developed a low-VOC-capable hybrid resin for two-component (2K) coating systems which offers durability and interior UV protection.

Table of Content

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Decorative coatings market - Industry summary and key buying criteria
Chapter 3. Decorative Coatings Industry Outlook
3.1. Decorative coatings market segmentation
3.2. Decorative coatings market size and growth prospects, 2012 - 2022
3.3. Decorative coatings market value chain analysis
3.3.1. Vendor landscape
3.4. Raw material outlook
3.5. Technology overview
3.6. Regulatory framework
3.7. Decorative coatings market dynamics
3.7.1. Market driver analysis
3.7.1.1. Positive outlook towards construction
3.7.1.2. Rising infrastructural development in Southeast Asia
3.7.1.3. Growing demand for waterborne coatings
3.7.2. Market restraint analysis
3.7.2.1. Fluctuation in raw material prices
3.7.2.2. Foam formation
3.8. Decorative coatings market key opportunities prioritized
3.9. Decorative coatings market Porter's analysis
3.10. Decorative coatings market competitive scenario, 2014
3.11. Decorative coatings market PESTEL analysis
Chapter 4. Decorative Coatings Product Outlook
4.1. Global decorative coatings market share by product, 2014 & 2022
4.2. Primer
4.2.1. Market estimates and forecast, 2012 - 2022
4.2.2. Market estimates and forecast, by region, 2012 - 2022
4.3. Enamel
4.3.1. Market estimates and forecast, 2012 - 2022
4.3.2. Market estimates and forecast, by region, 2012 - 2022
4.4. Emulsions
4.4.1. Market estimates and forecast, 2012 - 2022
4.4.2. Market estimates and forecast, by region, 2012 - 2022
4.5. Others
4.5.1. Market estimates and forecast, 2012 - 2022
4.5.2. Market estimates and forecast, by region, 2012 - 2022
Chapter 5. Decorative Coatings Technology Outlook
5.1. Global decorative coatings market share by technology, 2014 & 2022
5.2. Waterborne coatings
5.2.1. Market estimates and forecast, 2012 - 2022
5.2.2. Market estimates and forecast, by region, 2012 - 2022
5.3. Solventborne coatings
5.3.1. Market estimates and forecast, 2012 - 2022
5.3.2. Market estimates and forecast, by region, 2012 - 2022
Chapter 6. Decorative Coatings Application Outlook
6.1. Global decorative coatings market share by application, 2014 & 2022
6.2. Residential
6.2.1. Market estimates and forecast, 2012 - 2022
6.2.2. Market estimates and forecast, by region, 2012 - 2022
6.3. Commercial
6.3.1. Market estimates and forecast, 2012 - 2022
6.3.2. Market estimates and forecast, by region, 2012 - 2022
Chapter 7. Decorative Coatings Regional Outlook
7.1. Global decorative coatings market share by region, 2014 & 2022
7.2. North America
7.2.1. Market estimates and forecast, 2012 - 2022
7.2.2. Market estimates and forecast by product, 2012 - 2022
7.2.3. Market estimates and forecast by technology, 2012 - 2022
7.2.4. Market estimates and forecast by application, 2012 - 2022
7.2.5. U.S.
7.2.5.1. Market estimates and forecast, 2012 - 2022
7.2.5.2. Market estimates and forecast by product, 2012 - 2022
7.2.5.3. Market estimates and forecast by technology, 2012 - 2022
7.2.5.4. Market estimates and forecast by application, 2012 - 2022
7.3. Europe
7.3.1. Market estimates and forecast, 2012 - 2022
7.3.2. Market estimates and forecast by product, 2012 - 2022
7.3.3. Market estimates and forecast by technology, 2012 - 2022
7.3.4. Market estimates and forecast by application, 2012 - 2022
7.3.5. Germany
7.3.5.1. Market estimates and forecast, 2012 - 2022
7.3.5.2. Market estimates and forecast by product, 2012 - 2022
7.3.5.3. Market estimates and forecast by technology, 2012 - 2022
7.3.5.4. Market estimates and forecast by application, 2012 - 2022
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2012 - 2022
7.4.2. Market estimates and forecast by product, 2012 - 2022
7.4.3. Market estimates and forecast by technology, 2012 - 2022
7.4.4. Market estimates and forecast by application, 2012 - 2022
7.4.5. China
7.4.5.1. Market estimates and forecast, 2012 - 2022
7.4.5.2. Market estimates and forecast by product, 2012 - 2022
7.4.5.3. Market estimates and forecast by technology, 2012 - 2022
7.4.5.4. Market estimates and forecast by application, 2012 - 2022
7.4.6. India
7.4.6.1. Market estimates and forecast, 2012 - 2022
7.4.6.2. Market estimates and forecast by product, 2012 - 2022
7.4.6.3. Market estimates and forecast by technology, 2012 - 2022
7.4.6.4. Market estimates and forecast by application, 2012 - 2022
7.5. Latin America
7.5.1. Market estimates and forecast, 2012 - 2022
7.5.2. Market estimates and forecast by product, 2012 - 2022
7.5.3. Market estimates and forecast by technology, 2012 - 2022
7.5.4. Market estimates and forecast by application, 2012 - 2022
7.5.5. Brazil
7.5.5.1. Market estimates and forecast, 2012 - 2022
7.5.5.2. Market estimates and forecast by product, 2012 - 2022
7.5.5.3. Market estimates and forecast by technology, 2012 - 2022
7.5.5.4. Market estimates and forecast by application, 2012 - 2022
7.6. MEA
7.6.1. Market estimates and forecast, 2012 - 2022
7.6.2. Market estimates and forecast by product, 2012 - 2022
7.6.3. Market estimates and forecast by technology, 2012 - 2022
7.6.4. Market estimates and forecast by application, 2012 - 2022
Chapter 8. Competitive Landscape
8.1. PPG Industries
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. Axalta Coating Systems
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. Nippon Paint
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. Kansai Paint
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. Bayer AG
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. Valspar Corporation
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Sherwin-Williams
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. KCC Corporation
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
8.9. Jotun A/S
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
8.10. Royal DSM
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.10.4. Strategic Initiatives
8.11. BASF
8.11.1. Company Overview
8.11.2. Financial Performance
8.11.3. Product Benchmarking
8.11.4. Strategic Initiatives
8.12. Benjamin Moore
8.12.1. Company Overview
8.12.2. Financial Performance
8.12.3. Product Benchmarking
8.12.4. Strategic Initiatives
8.13. Masco Corporation
8.13.1. Company Overview
8.13.2. Financial Performance
8.13.3. Product Benchmarking
8.13.4. Strategic Initiatives
8.14. DAW SE
8.14.1. Company Overview
8.14.2. Financial Performance
8.14.3. Product Benchmarking
8.14.4. Strategic Initiatives
8.15. AkzoNobel
8.15.1. Company Overview
8.15.2. Financial Performance
8.15.3. Product Benchmarking
8.15.4. Strategic Initiatives
8.16. Arkema
8.16.1. Company Overview
8.16.2. Financial Performance
8.16.3. Product Benchmarking
8.16.4. Strategic Initiatives
8.17. Berger Paints
8.17.1. Company Overview
8.17.2. Financial Performance
8.17.3. Product Benchmarking
8.17.4. Strategic Initiatives
8.18. Cabot Corporation
8.18.1. Company Overview
8.18.2. Financial Performance
8.18.3. Product Benchmarking
8.18.4. Strategic Initiatives
8.19. Clariant
8.19.1. Company Overview
8.19.2. Financial Performance
8.19.3. Product Benchmarking
8.19.4. Strategic Initiatives
8.20. Eastman Chemical Company
8.20.1. Company Overview
8.20.2. Financial Performance
8.20.3. Product Benchmarking
8.20.4. Strategic Initiatives
8.21. Tikkurila
8.21.1. Company Overview
8.21.2. Financial Performance
8.21.3. Product Benchmarking
8.21.4. Strategic Initiatives
8.22. Cromology
8.22.1. Company Overview
8.22.2. Financial Performance
8.22.3. Product Benchmarking
8.22.4. Strategic Initiatives

List of Tables

1. Decorative coatings- Industry Summary & Key Buying Criteria, 2012 - 2022
2. Global decorative coatings market, 2012 - 2022 (Kilo Tons) (USD Million)
3. Global decorative coatings market volume, by region, 2012 - 2022 (Kilo Tons)
4. Global decorative coatings market revenue, by region, 2012 - 2022 (USD Million)
5. Global decorative coatings market volume, by application, 2012 - 2022 (Kilo Tons)
6. Global decorative coatings market revenue, by application, 2012 - 2022 (USD Million)
7. Vendor landscape
8. Decorative coatings- Key market driver analysis
9. Decorative coatings- Key market restraint analysis
10. Global decorative coatings market estimates and forecast by product, 2012 - 2022 (Kilo Tons) (USD Million)
11. Global primer market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Million)
12. Global primer market volume estimates and forecast by region, 2012 - 2022 (Kilo Tons) 
13. Global primer market revenue estimates and forecast by region, 2012 - 2022 (USD Million)
14. Global enamel market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Million)
15. Global enamel market volume estimates and forecast by region, 2012 - 2022 (Kilo Tons) 
16. Global enamel market revenue estimates and forecast by region, 2012 - 2022 (USD Million)
17. Global emulsions market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Million)
18. Global emulsions market volume estimates and forecast by region, 2012 - 2022 (Kilo Tons) 
19. Global emulsions market revenue estimates and forecast by region, 2012 - 2022 (USD Million)
20. Global others market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Million)
21. Global others market volume estimates and forecast by region, 2012 - 2022 (Kilo Tons) 
22. Global others market revenue estimates and forecast by region, 2012 - 2022 (USD Million)
23. Global decorative coatings market estimates and forecast by technology, 2012 - 2022 (Kilo Tons) (USD Million)
24. Global waterborne coatings market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Million)
25. Global waterborne coatings market volume estimates and forecast, by region, 2012 - 2022 (Kilo Tons) 
26. Global waterborne coatings market revenue estimates and forecast, by region, 2012 - 2022 (USD Million)
27. Global solventborne coatings market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Million)
28. Global solventborne coatings market volume estimates and forecast, by region, 2012 - 2022 (Kilo Tons) 
29. Global solventborne coatings market revenue estimates and forecast, by region, 2012 - 2022 (USD Million)
30. Global decorative coatings market estimates and forecast by application, 2012 - 2022 (Kilo Tons) (USD Million)
31. Global decorative coatings market estimates and forecast in residential, 2012 - 2022 (Kilo Tons) (USD Million)
32. Global decorative coatings market volume estimates and forecast in residential, by region, 2012 - 2022 (Kilo Tons) 
33. Global decorative coatings market revenue estimates and forecast in residential, by region, 2012 - 2022 (USD Million)
34. Global decorative coatings market estimates and forecast in commercial, 2012 - 2022 (Kilo Tons) (USD Million)
35. Global decorative coatings market volume estimates and forecast in commercial, by region, 2012 - 2022 (Kilo Tons) 
36. Global decorative coatings market revenue estimates and forecast in commercial, by region, 2012 - 2022 (USD Million)
37. Global decorative coatings market estimates and forecast by region, 2012 - 2022 (Kilo Tons) (USD Million)
38. North America decorative coatings market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Million)
39. North America decorative coatings market volume estimates and forecast by product, 2012 - 2022 (Kilo Tons)
40. North America decorative coatings market revenue estimates and forecast by product, 2012 - 2022 (USD Million)
41. North America decorative coatings market volume estimates and forecast by technology, 2012 - 2022 (Kilo Tons)
42. North America decorative coatings market revenue estimates and forecast by technology, 2012 - 2022 (USD Million)
43. North America decorative coatings market volume estimates and forecast by application, 2012 - 2022 (Kilo Tons)
44. North America decorative coatings market revenue estimates and forecast by application, 2012 - 2022 (USD Million)
45. U.S. decorative coatings market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Million)
46. U.S. decorative coatings market volume estimates and forecast by product, 2012 - 2022 (Kilo Tons)
47. U.S. decorative coatings market revenue estimates and forecast by product, 2012 - 2022 (USD Million)
48. U.S. decorative coatings market volume estimates and forecast by technology, 2012 - 2022 (Kilo Tons)
49. U.S. decorative coatings market revenue estimates and forecast by technology, 2012 - 2022 (USD Million)
50. U.S. decorative coatings market volume estimates and forecast by application, 2012 - 2022 (Kilo Tons)
51. U.S. decorative coatings market revenue estimates and forecast by application, 2012 - 2022 (USD Million)
52. Europe decorative coatings market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Million)
53. Europe decorative coatings market volume estimates and forecast by product, 2012 - 2022 (Kilo Tons)
54. Europe decorative coatings market revenue estimates and forecast by product, 2012 - 2022 (USD Million)
55. Europe decorative coatings market volume estimates and forecast by technology, 2012 - 2022 (Kilo Tons)
56. Europe decorative coatings market revenue estimates and forecast by technology, 2012 - 2022 (USD Million)
57. Europe decorative coatings market volume estimates and forecast by application, 2012 - 2022 (Kilo Tons)
58. Europe decorative coatings market revenue estimates and forecast by application, 2012 - 2022 (USD Million)
59. Germany decorative coatings market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Million)
60. Germany decorative coatings market volume estimates and forecast by product, 2012 - 2022 (Kilo Tons)
61. Germany decorative coatings market revenue estimates and forecast by product, 2012 - 2022 (USD Million)
62. Germany decorative coatings market volume estimates and forecast by technology, 2012 - 2022 (Kilo Tons)
63. Germany decorative coatings market revenue estimates and forecast by technology, 2012 - 2022 (USD Million)
64. Germany decorative coatings market volume estimates and forecast by application, 2012 - 2022 (Kilo Tons)
65. Germany decorative coatings market revenue estimates and forecast by application, 2012 - 2022 (USD Million)
66. Asia Pacific decorative coatings market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Million)
67. Asia Pacific decorative coatings market volume estimates and forecast by product, 2012 - 2022 (Kilo Tons)
68. Asia Pacific decorative coatings market revenue estimates and forecast by product, 2012 - 2022 (USD Million)
69. Asia Pacific decorative coatings market volume estimates and forecast by technology, 2012 - 2022 (Kilo Tons)
70. Asia Pacific decorative coatings market revenue estimates and forecast by technology, 2012 - 2022 (USD Million)
71. Asia Pacific decorative coatings market volume estimates and forecast by application, 2012 - 2022 (Kilo Tons)
72. Asia Pacific decorative coatings market revenue estimates and forecast by application, 2012 - 2022 (USD Million)
73. China decorative coatings market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Million)
74. China decorative coatings market volume estimates and forecast by product, 2012 - 2022 (Kilo Tons)
75. China decorative coatings market revenue estimates and forecast by product, 2012 - 2022 (USD Million)
76. China decorative coatings market volume estimates and forecast by technology, 2012 - 2022 (Kilo Tons)
77. China decorative coatings market revenue estimates and forecast by technology, 2012 - 2022 (USD Million)
78. China decorative coatings market volume estimates and forecast by application, 2012 - 2022 (Kilo Tons)
79. China decorative coatings market revenue estimates and forecast by application, 2012 - 2022 (USD Million)
80. India decorative coatings market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Million)
81. India decorative coatings market volume estimates and forecast by product, 2012 - 2022 (Kilo Tons)
82. India decorative coatings market revenue estimates and forecast by product, 2012 - 2022 (USD Million)
83. India decorative coatings market volume estimates and forecast by technology, 2012 - 2022 (Kilo Tons)
84. India decorative coatings market revenue estimates and forecast by technology, 2012 - 2022 (USD Million)
85. India decorative coatings market volume estimates and forecast by application, 2012 - 2022 (Kilo Tons)
86. India decorative coatings market revenue estimates and forecast by application, 2012 - 2022 (USD Million)
87. Latin America decorative coatings market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Million)
88. Latin America decorative coatings market volume estimates and forecast by product, 2012 - 2022 (Kilo Tons)
89. Latin America decorative coatings market revenue estimates and forecast by product, 2012 - 2022 (USD Million)
90. Latin America decorative coatings market volume estimates and forecast by technology, 2012 - 2022 (Kilo Tons)
91. Latin America decorative coatings market revenue estimates and forecast by technology, 2012 - 2022 (USD Million)
92. Latin America decorative coatings market volume estimates and forecast by application, 2012 - 2022 (Kilo Tons)
93. Latin America decorative coatings market revenue estimates and forecast by application, 2012 - 2022 (USD Million)
94. Brazil decorative coatings market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Million)
95. Brazil decorative coatings market volume estimates and forecast by product, 2012 - 2022 (Kilo Tons)
96. Brazil decorative coatings market revenue estimates and forecast by product, 2012 - 2022 (USD Million)
97. Brazil decorative coatings market volume estimates and forecast by technology, 2012 - 2022 (Kilo Tons)
98. Brazil decorative coatings market revenue estimates and forecast by technology, 2012 - 2022 (USD Million)
99. Brazil decorative coatings market volume estimates and forecast by application, 2012 - 2022 (Kilo Tons)
100. Brazil decorative coatings market revenue estimates and forecast by application, 2012 - 2022 (USD Million)
101. MEA decorative coatings market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Million)
102. MEA decorative coatings market volume estimates and forecast by product, 2012 - 2022 (Kilo Tons)
103. MEA decorative coatings market revenue estimates and forecast by product, 2012 - 2022 (USD Million)
104. MEA decorative coatings market volume estimates and forecast by technology, 2012 - 2022 (Kilo Tons)
105. MEA decorative coatings market revenue estimates and forecast by technology, 2012 - 2022 (USD Million)
106. MEA decorative coatings market volume estimates and forecast by application, 2012 - 2022 (Kilo Tons)
107. MEA decorative coatings market revenue estimates and forecast by application, 2012 - 2022 (USD Million)