Major products and applications are involved in Decorative coatings Market. Decorative coatings Market Analysis forecast 2020
Decorative coatings broadly mean paints, drying oils and varnishes, synthetic clear coatings, and other products whose primary functions are to protect the particular object or to increase its visionary appeal to the viewers. The main factors owing to the innovation of various coating materials in this industry include high processing costs, legislation issues with volatile organic compounds (VOC), sustainability and the desire for more ecofriendly products, where continuous R&D is being done for this purpose. There are different technologies and materials being used for achieving this objective; UV curing decorative coating is one important evolution in this field.
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Key Applications of the Decorative Coatings Market:
Lately, the decorative coatings are being used extensively in architectural buildings in order to enhance the beauty and heighten the protection levels of the same.
Custom based interiors as well as exterior projects are seen to be growing in numbers globally. Concrete-based, restoration, company or household floorings, driveways, pool decks, stain and water-resistant products, repair and beauty enhancing features are noted to be the leading driving factors of the market helping to boost sales and overall revenue of the market.
The global market is projected to continue to grow even during the forecast period of 2015-2020 owing to rising awareness among the house-owners regarding better feel good factors and also need for increased reliability and durability!
Segmentation of Decorative Coatings Market:
IndustryARC has studied the Decorative Coatings Market in complete depth with respect to all business factors and deciding reasons with each being mentioned below. They are further sub segmented into narrower stream of types with in detail analysis given in the report on Decorative Coatings Market.
- By Formulation: Water Based, Solvent Based, Powder Based and Radiation Cured Systems.
- By Type of Coating Resins: Acrylic, Alkyd, Ester, Vinyl and Others.
- By End User Products: Automotive/ Aerospace Interior & Exterior Parts, Bathroom Equipment, Electronic Gadgets, Jewelry & Watches and Others (Door Handles).
- By Geography: North America, Europe, Asia and ROW.
Notable Vendors of Decorative Coatings Market:
IndustryARC has considered more than 40 top industry players in this research report on Decorative Coatings Market with top 5 mentioned down below. For an extensive report on the same, please avail our complete report (10% customization available)
- AkzoNobel Coatings NV
- BASF SE
- Croda International Plc
- The Dow Chemical Company
- Nippon Paint Co.
- PPG Industries, Inc.
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