Texture Paint Market by Product Type (Interior, and Exterior), Application (Residential, and Non-Residential), and Region (North America, Europe, Asia-Pacific, South America, and Middle East & Africa)-Global Forecast to 2022

The texture paint market is projected to grow at a CAGR of 4.77% from 2017 to 2022.

The texture paint market is estimated to be USD 8.71 billion in 2017 and is projected to reach USD 10.99 billion by 2022, at a CAGR of 4.77% from 2017 to 2022. This growth can be attributed to the increasing use of texture paints in residential and non-residential applications. Texture paints increase the thickness of walls by 1.5-3 mm. However, high repainting costs are acting as a restraint to the growth of the texture paint market.

The non-residential segment is the fastest-growing application segment of the texture paint market.

Texture paints are used in residential and non-residential applications. The non-residential application includes construction of commercial, industrial, and institutional buildings. The establishment of new businesses and expansion of several existing businesses are driving the need for construction of new industrial and commercial buildings as well as renovation of existing structures. Increasing awareness among consumers regarding the benefits of reconstruction is projected to drive the demand for texture paints in non-residential application.

The rising demand for texture paints from APAC is a major driver contributing to the growth of the texture paint market.

APAC is estimated to account for the largest share of the texture paint market in 2017, in terms of volume and value. The texture paint market in this region is projected to grow at the highest CAGR between 2017 and 2022, in terms of value. The growth of the APAC texture paint market is mainly driven by increased investments in the building & construction industry and economic growth of countries in the APAC region. Rapid industrialization and rise in the purchasing power of consumers are additional factors that have contributed to the growth of the texture paint market in this region.

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted. The break-up of primary interviews is given below:

Breakup of Primary Interviews:

By Company Type - Tier 1 – 45%, Tier 2 – 35%, and Tier 3 – 20%
By Designation - C Level – 35%, D Level – 25%, and Others – 40%
By Region - North America – 24%, Europe – 21%, APAC – 42%, Middle East & Africa -7%, and South America – 6%

Key companies profiled in this report include AkzoNobel (Netherlands), PPG Industries (US), The Sherwin-Williams Company (US), Asian Paints (India), and Kansai Paint (Japan).

Research Coverage:

The texture paint market report covers segmentation by product type (interior and exterior), application (residential and non-residential), and region (North America, Europe, APAC, the Middle East & Africa, and South America). The application segment is further analyzed for each country in the respective regions. The report also provides company profiles and competitive strategies adopted by key players in the texture paint market.

Reasons to Buy the Report:

From an insight perspective, this research report focuses on various levels of analyses—industry analysis (industry trends), market share analysis of top players, value chain analysis, and company profiles, which together comprise and discuss basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on texture paint offered by leading players in the texture paint market
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the texture paint market
Market Development: Comprehensive information about lucrative markets—the report analyzes the market for texture paint across various regions
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the texture paint market
Competitive Assessment: In-depth assessment of market shares, growth strategies, product portfolios, and manufacturing capabilities of leading players in the texture paint market

Frequently Asked Questions about the Texture Paint Market

What is the estimated value of the Texture Paint Market?

The Texture Paint Market was estimated to be valued at $8.71 billion in 2017.

What is the growth rate of the Texture Paint Market?

The growth rate of the Texture Paint Market is 4.8%, with an estimated value of $10.99 billion by 2022.

What is the forecasted size of the Texture Paint Market?

The Texture Paint Market is estimated to be worth $10.99 billion by 2022.

Who are the key companies in the Texture Paint Market?

Key companies in the Texture Paint Market include PPG Industries, Akzonobel, The Sherwin, Williams Company, Hempel, Asian Paints, Nippon Paints, Kansai Paint, Jotun and Axalta Coating Systems.

Report Attribute	Details
No. of Pages	116
Published	April 2018
Forecast Period	2017 - 2022
Estimated Market Value ( USD ) in 2017	$ 8.71 billion
Forecasted Market Value ( USD ) by 2022	$ 10.99 billion
Compound Annual Growth Rate	4.8%
Regions Covered	Global
No. of Companies Mentioned	18

1 Introduction

1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered For The Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders

2 Research Methodology

2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Assumptions And Limitations
2.4.1 Assumptions
2.4.2 Limitations

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities For Market Players
4.2 Texture Paint Market, By Product Type
4.3 Texture Paint Market, Developed Vs. Developing Nations
4.4 Apac Texture Paint Market, By Application And Country
4.5 Texture Paint Market, By Country

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Booming Construction Industry
5.2.1.2 Growing Demand From The Middle-Class
5.2.2 Restraints
5.2.2.1 High Price Of Texture Paint As Compared To That Of Conventional Paint
5.2.3 Opportunities
5.2.3.1 Superior Properties Of Texture Paint Coupled With Demand From Residential And Non-Residential Construction Activities
5.2.4 Challenges
5.2.4.1 Texture Paint Increases The Thickness Of The Wall
5.3 Porter’S Five Forces Analysis
5.3.1 Threat Of New Entrants
5.3.2 Threat Of Substitutes
5.3.3 Bargaining Power Of Buyers
5.3.4 Bargaining Power Of Suppliers
5.3.5 Intensity Of Competitive Rivalry
5.4 Macroeconomic Overview And Key Trends
5.4.1 Trends And Forecast Of Gdp
5.4.2 Trends In Construction Industry

6 Texture Paint Market, By Product Type

6.1 Introduction
6.1.1 Interior
6.1.2 Exterior

7 Texture Paint Market, By Application

7.1 Introduction
7.2 Residential
7.3 Non-Residential

8 Texture Paint Market, By Region

8.1 Introduction
8.2 Apac
8.2.1 China
8.2.2 Japan
8.2.3 India
8.2.4 South Korea
8.2.5 Indonesia
8.2.6 Thailand
8.2.7 Malaysia
8.2.8 Rest Of Apac
8.3 Europe
8.3.1 Germany
8.3.2 Russia
8.3.3 France
8.3.4 Uk
8.3.5 Italy
8.3.6 Turkey
8.3.7 Spain
8.3.8 Rest Of Europe
8.4 North America
8.4.1 Us
8.4.2 Canada
8.4.3 Mexico
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.2 Uae
8.5.3 South Africa
8.5.4 Rest Of The Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.2 Argentina
8.6.3 Rest Of South America

9 Competitive Landscape

9.1 Overview
9.2 Market Ranking
9.3 Competitive Scenario
9.3.1 New Product Launch
9.3.2 Acquisition

10 Company Profiles

10.1 Ppg Industries
10.2 Akzonobel
10.3 The Sherwin-Williams Company
10.4 Hempel
10.5 Asian Paints
10.6 Nippon Paints
10.7 Kansai Paint
10.8 Jotun
10.9 Axalta Coating Systems
10.10 Valspar
10.11 Additional Companies
10.11.1 Tikkurila Oyj
10.11.2 Berger Paints
10.11.3 S K Kaken
10.11.4 Kelly-Moore Paints
10.11.5 Dunn-Edwards
10.11.6 Haymes Paints
10.11.7 Anvil Paints & Coatings

11 Appendix

11.1 Discussion Guide
11.2 Knowledge Store
11.3 Introducing Rt: Real-Time Market Intelligence
11.4 Available Customizations
11.5 Related Reports
11.6 Author Details

List of Tables:

Table 1 Texture Paint Market Snapshot, 2017 vs 2022
Table 2 Trends and Forecast of GDP, Percent Change
Table 3 Construction Industry Outlook, 2015–2017 (USD Billion)
Table 4 Texture Paint Market Size, By Product Type, 2015–2022 (Kiloton)
Table 5 Texture Paint Market Size, By Product Type, 2015–2022 (USD Million)
Table 6 Interior Texture Paint Market Size, By Region, 2015–2022 (Kiloton)
Table 7 Interior Texture Paint Market Size, By Region, 2015–2022 (USD Million)
Table 8 Exterior Texture Paint Market Size, By Region, 2015–2022 (Kiloton)
Table 9 Exterior Texture Paint Market Size, By Region, 2015–2022 (USD Million)
Table 10 Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 11 Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 12 Texture Paint Market Size in Residential, By Region, 2015–2022 (Kiloton)
Table 13 Texture Paint Market Size in Residential, By Region, 2015–2022 (USD Million)
Table 14 Texture Paint Market Size in Non-Residential, By Region, 2015–2022 (Kiloton)
Table 15 Texture Paint Market Size in Non-Residential, By Region, 2015–2022 (USD Million)
Table 16 Texture Paint Market Size, By Region, 2015–2022 (Kiloton)
Table 17 Texture Paint Market Size, By Region, 2015–2022 (USD Million)
Table 18 APAC: Texture Paint Market Size, By Country, 2015–2022 (Kiloton)
Table 19 APAC: Texture Paint Market Size, By Country, 2015–2022 (USD Million)
Table 20 APAC: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 21 APAC: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 22 APAC: Texture Paint Market Size, By Product Type, 2015–2022 (Kiloton)
Table 23 APAC: Texture Paint Market Size, By Product Type, 2015–2022 (USD Million)
Table 24 China: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 25 China: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 26 Japan: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 27 Japan: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 28 India: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 29 India: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 30 South Korea: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 31 South Korea: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 32 Indonesia: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 33 Indonesia: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 34 Thailand: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 35 Thailand: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 36 Malaysia: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 37 Malaysia: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 38 Rest of APAC: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 39 Rest of APAC: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 40 Europe: Texture Paint Market Size, By Country, 2015–2022 (Kiloton)
Table 41 Europe: Texture Paint Market Size, By Country, 2015–2022 (USD Million)
Table 42 Europe: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 43 Europe: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 44 Europe: Texture Paint Market Size, By Product Type, 2015–2022 (Kiloton)
Table 45 Europe: Texture Paint Market Size, By Product Type, 2015–2022 (USD Million)
Table 46 Germany: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 47 Germany: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 48 Russia: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 49 Russia: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 50 France: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 51 France: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 52 UK: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 53 UK: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 54 Italy: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 55 Italy: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 56 Turkey: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 57 Turkey: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 58 Spain: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 59 Spain: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 60 Rest of Europe: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 61 Rest of Europe: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 62 North America: Texture Paint Market Size, By Country, 2015–2022 (Kiloton)
Table 63 North America: Texture Paint Market Size, By Country, 2015–2022 (USD Million)
Table 64 North America: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 65 North America: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 66 North America: Texture Paint Market Size, By Product Type, 2015–2022 (Kiloton)
Table 67 North America: Texture Paint Market Size, By Product Type, 2015–2022 (USD Million)
Table 68 US: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 69 US: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 70 Canada: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 71 Canada: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 72 Mexico: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 73 Mexico: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 74 Middle East & Africa: Texture Paint Market Size, By Country, 2015–2022 (Kiloton)
Table 75 Middle East & Africa: Texture Paint Market Size, By Country, 2015–2022 (USD Million)
Table 76 Middle East & Africa: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 77 Middle East & Africa: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 78 Middle East & Africa: Texture Paint Market Size, By Product Type, 2015–2022 (Kiloton)
Table 79 Middle East & Africa: Texture Paint Market Size, By Product Type, 2015–2022 (USD Million)
Table 80 Saudi Arabia: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 81 Saudi Arabia: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 82 UAE: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 83 UAE: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 84 South Africa: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 85 South Africa: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 86 Rest of the Middle East & Africa: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 87 Rest of the Middle East & Africa: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 88 South America: Texture Paint Market Size, By Country, 2015–2022 (Kiloton)
Table 89 South America: Texture Paint Market Size, By Country, 2015–2022 (USD Million)
Table 90 South America: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 91 South America: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 92 South America: Texture Paint Market Size, By Product Type, 2015–2022 (Kiloton)
Table 93 South America: Texture Paint Market Size, By Product Type, 2015–2022 (USD Million)
Table 94 Brazil: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 95 Brazil: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 96 Argentina: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 97 Argentina: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 98 Rest of South America: Texture Paint Market Size, By Application, 2015–2022 (Kiloton)
Table 99 Rest of South America: Texture Paint Market Size, By Application, 2015–2022 (USD Million)
Table 100 Market Ranking of Key Players, 2016
Table 101 New Product Launch, 2015–2018
Table 102 Acquisitions, 2015–2018

List of Figures:

Figure 1 Texture Paint Market Segmentation
Figure 2 Texture Paint Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Texture Paint Market: Data Triangulation
Figure 6 APAC Texture Paint Market to Register the Highest CAGR During the Forecast Period
Figure 7 Non-Residential Segment to Register the Highest CAGR Between 2017 and 2022
Figure 8 Interior Texture Paint to Be Largest Product Type Between 2017 and 2022
Figure 9 APAC Was the Largest Texture Paint Market in 2016
Figure 10 Emerging Economies to Offer Lucrative Growth Opportunities for Market Players Between 2017 and 2022
Figure 11 Interior Texture Paint Market is Projected to Register the Highest CAGR Between 2017 and 2022
Figure 12 Texture Paint Market to Register the Highest CAGR in Developing Nations Than Developed Nations
Figure 13 Residential Application Accounted for the Largest Market Share in 2016
Figure 14 India to Register the Highest CAGR Between 2017 and 2022
Figure 15 Drivers, Restraints, Opportunities, and Challenges in the Texture Paint Market
Figure 16 Porter’s Five Forces Analysis of the Texture Paint Market
Figure 17 Interior Texture Paint to Register the Highest CAGR By Product Type During Forecast Period
Figure 18 Non-Residential Segment to Register the Highest CAGR During the Forecast Period
Figure 19 India Projected to Register the Highest CAGR During the Forecast Period
Figure 20 APAC Texture Paint Market Snapshot
Figure 21 Europe Texture Paint Market Snapshot
Figure 22 North America Texture Paint Market Snapshot
Figure 23 Companies Adopted New Product Launch as the Key Growth Strategy Between 2015 and 2018
Figure 24 PPG Industries: Company Snapshot
Figure 25 Akzonobel: Company Snapshot
Figure 26 The Sherwin-Williams Company: Company Snapshot
Figure 27 Hempel: Company Snapshot
Figure 28 Asian Paints: Company Snapshot
Figure 29 Nippon Paints: Company Snapshot
Figure 30 Kansai Paint: Company Snapshot
Figure 31 Jotun: Company Snapshot
Figure 32 Axalta Coating Systems: Company Snapshot
Figure 33 Valspar: Company Snapshot