Global Decorative Paints and Coatings Market to Reach $113.3 Billion by 2030
The global market for Decorative Paints and Coatings estimated at US$76.6 Billion in the year 2022, is projected to reach a revised size of US$113.3 Billion by 2030, growing at a CAGR of 5% over the analysis period 2022-2030. Acrylic, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$48.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Alkyd segment is readjusted to a revised 4.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $20.9 Billion, While China is Forecast to Grow at 8.8% CAGR
The Decorative Paints and Coatings market in the U.S. is estimated at US$20.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$25.2 Billion by the year 2030 trailing a CAGR of 8.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.Select Competitors (Total 42 Featured) -
- AkzoNobel
- The Sherwin-Williams Company
- PPG Industries
- Asian Paints
- Kansai Paints
- Arkema
- BASF
- Benjamin Moore
- Berger Paints
- Dow, Inc.
- DuPont de Nemours, Inc.
- Masco Corporation
- DuluxGroup
- NIPPON PAINT
- DAW SE
- Cromology. Some of others include Dunn-Edwards
- NOROO Paint & Coatings
- Nuplex Industries
- Ring International
- Tikkurila
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AkzoNobel
- The Sherwin-Williams Company
- PPG Industries
- Asian Paints
- Kansai Paints
- Arkema
- BASF
- Benjamin Moore
- Berger Paints
- Dow, Inc.
- DuPont de Nemours, Inc.
- Masco Corporation
- DuluxGroup
- NIPPON PAINT
- DAW SE
- Cromology. Some of others include Dunn-Edwards
- NOROO Paint & Coatings
- Nuplex Industries
- Ring International
- Tikkurila
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 93 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 76.6 Billion |
Forecasted Market Value ( USD | $ 113.3 Billion |
Compound Annual Growth Rate | 5.0% |
Regions Covered | Global |