June 17, 2022 08:30 ET | Source: Transparency Market Research Transparency Market Research
Albany, New York, UNITED STATES
Wilmington, Delaware, United States, June 17, 2022 (GLOBE NEWSWIRE) -- The value of the global market for decorative coatings stood at more than US$ 62.7 Bn in 2021. The market is anticipated to rise at a CAGR of 4.3% during the forecast period, from 2022 to 2031. The global decorative coatings market is likely to surpass valuation of US$ 98.6 Bn by 2031. Firms in the global decorative coatings market are focusing on innovative technologies such solvent-borne, water-borne, as well as UV-cured coatings. High performance, environmentally friendly raw materials, and labour savings are all crucial areas for growth in many businesses, which is likely to favour Demand for decorative coatings market.
Due to rapid urbanization as well as the consequent need for building and construction materials, the global decorative coatings market is booming. Technological breakthroughs such as green coatings, Nano-TiO2 photocatalysts, and the advent of ways to shorten drying time are projected to boost the market in near future. Rise in R&D efforts, as well as continued design and development to better the quality of decorative coatings, are expected to trigger growth prospects for decorative coatings market.
Surfaces are given a beautiful appearance while also being protected by decorative coatings. They are used in both residential and business structures, which is expected to offer plethora of opportunities for the decorative coatings market manufacturers. Surfaces with these coatings are protected from UV radiation, moisture, and microorganisms. The majority of decorative coatings are utilized in the residential as well as non-residential segments. Common housing and also residential units are both included in the residential sector. The non-residential sector includes offices, stadiums, educational institutions, and other structures.
Get PDF Brochure for More Insights: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1450
Key Findings of Market Report
Get Covid 19 Analysis: https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=1450
Global Decorative Coatings Market: Growth Drivers
Request a Sample: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1450
Global Decorative Coatings Market: Key Players
Some of the key market players are
Global Decorative Coatings Market: Segmentation
Make an Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=1450
Decorative Coatings Market, by Region
Browse More Chemicals & Materials Market Research Reports by TMR:
Medical Device Coatings Market - Medical Device Coatings Market is likely to register a CAGR of 19.4% during the forecast period and is anticipated to reach a medical device coatings market share of US$ 81.8 Bn By 2031
Nanocoatings Market - Nanocoatings Market is likely to register a CAGR of 20.8% during the forecast period and is anticipated to reach a nanocoatings market share of US$ 73.5 Bn By 2031
Feldspar and Nepheline Syenite Market - Feldspar and Nepheline Syenite Market is likely to register a CAGR of 4.35% during the forecast period and is anticipated to reach a feldspar and nepheline syenite Market share of US$ 5.67 Bn By 2031
Polyols and Polyurethane Market - Polyols and Polyurethane Market is likely to register a CAGR of 4.35% during the forecast period and is anticipated to reach a polyols and polyurethane market share of US$ 5.67 Bn By 2031
Gel Polymer Electrolytes Market - Gel Polymer Electrolytes Market is likely to register a CAGR of 6.8% during the forecast period and is anticipated to reach a gel polymer electrolytes market share of US$ 18.1 Mn by 2031
Lipids Market - Lipids Market is likely to register a CAGR of 4.3% during the forecast period and is anticipated to reach a lipids market share of US$ 29.9 Bn by 2031
Detergents Market - Detergents Market is likely to register a CAGR of 4.3% during the forecast period and is anticipated to reach a detergents market share of US$ 176.3 Bn by 2031
Polyethylene Terephthalate Market - Polyethylene Terephthalate Market is likely to register a CAGR of 5.8% during the forecast period and is anticipated to reach a Polyethylene Terephthalate market share of US$ 58.47 Bn by 2031
Transparency Market Research (TMR) is a global market research reports company providing business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Rohit Bhisey Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com Blog: https://tmrblog.com