DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Decorative Coatings Market Analysis By Product, By Technology, By Application And Segment Forecasts To 2022" report to their offering.
Global decorative coatings market is expected to reach USD 106.97 billion by 2022. 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.
- PPG Industries
- Axalta Coating Systems
- Nippon Paint
- Kansai Paint
- Bayer AG
- Valspar Corporation
- KCC Corporation
- Jotun A/S
- Royal DSM
- Benjamin Moore
- Masco Corporation
- DAW SE
- Berger Paints
- Cabot Corporation
- Eastman Chemical Company
1. Methodology and Scope
2. Executive Summary
3. Decorative Coatings Industry Outlook
4. Decorative Coatings Product Outlook
5. Decorative Coatings Technology Outlook
6. Decorative Coatings Application Outlook
7. Decorative Coatings Regional Outlook
8. Competitive Landscape
For more information visit http://www.researchandmarkets.com/research/krcp64/decorative