Decorative Paints Market register a CAGR of 5.3% during the forecast period 2016–2026
ID: 1428714
10989(firmenpresse) - According to a new report by Future Market Insights titled “Decorative Paints Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”, the global decorative paints market is anticipated to reach a market valuation of US$ 42.9 Bn by 2016 end and register a CAGR of 5.3% during the forecast period 2016–2026. In the report, Future Market Insights analyses the global decorative paints market performance and throws light on the key drivers, restraints, and trends likely to impact the market during the assessed 10-year period.
According to analysts at Future Market Insights, changing consumer demands and a rapid development of commercial and residential buildings is expected to boost the growth of the global decorative paints market over the forecast period. A growing number of commercial buildings and rocketing construction of skyscrapers is further expected to push the demand for decorative paints in the coming years. Manufacturers are producing paints that can be used on multiple substrates such as cement walls, wood, glass, tiles, composites, etc. with robust physical and chemical properties, providing consumers the freedom to use paints as per their suitability. This is expected to boost the growth of the global decorative paints market over the forecast period. However, the threat of product substitution is expected to be a restraint to the global decorative paints market and use of nanotechnology based powder paints and coatings is expected to pose significant challenges to traditional decorative paints manufacturers globally.
“Introduction of intelligent paints for controlling temperature and heat transfer in varied geographical and climatic conditions around the world is emerging as a major trend in the global decorative paints market. Further, the need to decrease the hazardous impact of solvent based paints on the environment across the globe is pushing manufacturers and consumers to go for water based paints that emit lower Volatile Emission Control (VOC) as compared to solvent based paints.” --- Analyst – Chemicals and Materials, Future Market Insights
Segmentation highlights
The global decorative paints market is segmented on the basis of product type into water based paints and solvent based paints; on the basis of formulations into emulsions and distemper; on the basis of price into premium range, medium range, and distemper range; on the basis of application into interior and exterior; and on the basis of sales channel into offline store and online store.
On the basis of product type, the water based paints segment is estimated to be pegged at 21,014 KT in terms of volume by the end of 2016
On the basis of formulations, the emulsions segment is expected to create incremental $ opportunity of US$ 24.10 Bn between 2016 and 2026
On the basis of price, the premium range segment is estimated to account for a market value share of 39.7% by the end of 2016
On the basis of application, the interior segment is estimated to be pegged at 18,612 KT in terms of volume by the end of 2016
On the basis of sales channel, the offline store segment is expected to register a CAGR of 5.4% during the forecast period
Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-439
Regional market projections
The global decorative paints market is segmented into the seven key regions of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa. The APEJ region is expected to dominate the global decorative paints market in terms of revenue, registering a CAGR of 5.9% during the forecast period.
Vendor insights
The global decorative paints market report profiles some of the leading players operating in the market such as Akzo Nobel N.V, The Sherwin-Williams Company, PPG Industries Inc., Asian Paints, Nipsea Group (Nippon Paints), BASF SE, The Valspar Corporation, Berger Paints India Limited, Kansai Paint Co. Ltd., RPM International Inc., and Jotun. Top market companies are investing heavily in new manufacturing facilities and are collaborating with big international players to increase sales and retain their strategic position in the global decorative paints market.Weitere Infos zu dieser Pressemeldung:
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.
Decorative Paints Market: APEJ Projected to Account for the Largest Market Value Share Throughout the Forecast Period
Future Market Insights
616 Corporate Way,
Suite 2-9018,
Valley Cottage,
New York 10989,
United States
Tel: +1-347-918-3531
Fax: +1-845-579-5705
Email: sales(at)futuremarketinsights.com
Website: www.futuremarketinsights.com
Datum: 24.11.2016 - 14:19 Uhr
Sprache: Deutsch
News-ID 1428714
Anzahl Zeichen: 4464
Kontakt-Informationen:
Ansprechpartner: Ankush Nikam
Stadt:
Valley Cottage
Telefon: 13479183531
Kategorie:
Chemische Industrie
Meldungsart: Messeinformation
Versandart: Veröffentlichung
Freigabedatum: 21.11.2016
Anmerkungen:
Future Market Insights
Diese Pressemitteilung wurde bisher 887 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Decorative Paints Market register a CAGR of 5.3% during the forecast period 2016–2026"
steht unter der journalistisch-redaktionellen Verantwortung von
Future Market Insights (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
Zum 5-jährigen Bestehen gibt das Unternehmen seine Strategie der neuen Kollaborationen bekannt, mit denen der regionale Fokus erweitert und Technologie und Interaktion in Echtzeit gefördert werden Future Market Insights (https://www.futuremarketinsights.com/) (FMI), ein globales Forschungs- u
Strong Demand from Cosmetics Sector Fuelling Aloe Vera Extracts Market ...
Aloe vera extracts are gaining traction as an essential ingredient in food, cosmetics and pharmaceuticals, with global volume to surpass 60,720.4 tonnes in 2016 end, representing revenues worth US$ 1.6 Bn. Demand for aloe vera extracts for manufacturing aloe vera gels, cosmetics products, juices,
Friction Modifier Additives Market: APEJ to Remain the Largest Market throughout Forecast Period ...
Global demand for friction modifiers additives will reach about 174 thousand tonnes in 2016, up from 167 thousand tonnes in 2015. This will represent a market value of US$ 1,027 Mn, an increase of US$ 62 Mn from 2015. While wide-ranging applications, most prominently as lubricants in automotive sect
Weitere Mitteilungen von Future Market Insights
Chemie in Hessen: Wachstumsmotor stottert auch 2016/Digitalisierung bietet Chancen für neue Geschäftsmodelle und Innovationen ...
Die Chemieverbände Hessen erwarten für 2016 einen Rückgang bei Produktion und Umsatz. Die fehlende wirtschaftliche Dynamik macht sich auch bei der Beschäftigung bemerkbar. Jedes zweite Mitgliedsunternehmen befasst sich bereits intensiv mit dem Thema "Digitalisierung". Die Chemi
Grünes Wachstum: Ceresana veröffentlicht neuen Report zum Weltmarkt für Biokunststoffe ...
Das Marktforschungsinstitut Ceresana hat bereits zum vierten Mal den Weltmarkt für Biokunststoffe untersucht. Nach der neusten Studie erzielen diese Materialien deutlich höhere Wachstumsraten als herkömmliche petrochemische Standardkunststoffe. Angesichts der steigenden Nachfrage und eines immer
CHEMonitor: Internationale Marktrisiken verunsichern die deutsche Chemieindustrie / Mäßige Zufriedenheit mit Standortfaktor Digitalisierung ...
Für deutsche Chemiemanager stellen unzureichende Datensicherheit, geopolitische Krisen und mangelnde Informationen über Marktveränderungen das größte Risikopotenzial dar. Gleichzeitig bewerten sie die Bedingungen am Standort Deutschland so positiv wie nie zuvor. Der Standortfaktor Digitalisi
Business trifft Leben - Die Architekten der Arzneimittel ...
Der Themen- und Branchendienst Pharma Fakten zeigt in seiner neuen Reportagereihe "Business trifft Leben" auf, welche Menschen hinter den Entwicklungen und Produkten der Arzneimittelbranche stehen. Hürdenlauf im Versuchslabor Auf dem Weg vom Wirkstoff zum Arzneimittel muss Anett
