글로벌 장식용 코팅 시장 - 2030년까지의 산업 동향 및 예측

장식용 코팅 시장 분석 및 규모

환경 친화적인 코팅 시스템의 증가는 시장 성장을 확대하는 중요한 요인이며, 더 나은 성능과 미학을 갖춘 내구성 있는 코팅의 증가, 전 세계적으로 도시화와 산업화의 증가, 시장의 증가와 진보 및 개발, 건물에서 이러한 제품에 대한 수요 증가, 표면의 내구성과 외관을 향상시키고 자외선, 극한 온도, 산성비, 이물질과 같은 혹독한 기상 조건과 외부 조건으로부터 보호하기 때문입니다. 중국, 미국, 멕시코, 카타르, UAE, 인도, 베트남, 싱가포르 등 다양한 국가에서 건설 분야에서 사용이 증가하고 있으며 습기, 내식성, 자외선, 박테리아 및 내열성을 포함한 뛰어난 특성이 증가하는 것이 장식용 코팅 시장을 주도하는 주요 요인입니다.

게다가 규제가 덜한 지역의 성장률이 높아지고, 시장에서의 연구 개발 활동이 늘어나고, 신흥 시장에 대한 투자가 늘어나면서 예측 기간 동안 장식용 코팅 시장에 새로운 기회가 더욱 창출될 것입니다.

Data Bridge Market Research에 따르면, 2022년에 663억 2천만 달러였던 장식용 코팅 시장이 2030년에는 957억 6천만 달러로 성장할 것으로 예상되며, 2023년에서 2030년까지의 예측 기간 동안 연평균 성장률이 4.7%일 것으로 예상됩니다.  

"건축용"은 주거 및 상업 건설을 포함한 방대하고 다양한 시장으로 인해 장식용 코팅 시장의 적용 부문을 지배합니다.

Data Bridge Market Research에서 큐레이팅한 시장 보고서에는 시장 가치, 성장률, 세분화, 지리적 범위, 주요 업체와 같은 시장 시나리오에 대한 통찰력 외에도 심층적인 전문가 분석, 지리적으로 대표되는 회사별 생산 및 용량, 유통업체 및 파트너의 네트워크 레이아웃, 자세하고 최신의 가격 추세 분석, 공급망 및 수요에 대한 적자 분석이 포함됩니다.

장식용 코팅 시장 범위 및 세분화

시장 정의

장식용 코팅은 주로 미적 향상을 위해 표면에 적용되는 다양한 재료와 마감재를 포함합니다. 다양한 산업과 창의적 영역에서 광범위하게 적용됩니다. 건축에서 이러한 코팅은 건물을 장식하고 보호하는 반면 자동차 부문에서는 차량에 아름다움과 보호력을 더합니다. 목공과 가구는 미적 및 보존을 위해 장식용 코팅의 이점을 얻습니다.

장식용 코팅 시장 동향

운전자

• 성장하는 건설 산업

글로벌 장식용 코팅 시장은 건설 산업의 지속적인 성장에 의해 주도됩니다. 전 세계적으로 증가하는 도시화, 인구 증가 및 인프라 개발 프로젝트는 건축 응용 분야에서 장식용 코팅에 대한 수요를 증가시키고 있습니다. 이러한 코팅은 주거 및 상업 건물을 보호하고 아름답게 하는 데 필수적이며 시장 성장에 크게 기여합니다.

• 증가하는 환경 문제

The rising environmental consciousness among consumers and stringent government regulations are driving the adoption of eco-friendly decorative coatings. Water-based formulations, which have lower VOC emissions compared to solvent-based counterparts, are gaining popularity. Companies investing in sustainable and low-VOC coatings are positioned to meet consumer preferences and comply with environmental regulations, thus driving market growth.

• Increasing Innovation and Technological Advancement

Advancements in coating technologies are propelling the market forward. Innovations in paint formulations, such as self-cleaning coatings, anti-microbial coatings, and coatings with enhanced durability, are creating new opportunities for manufacturers. These innovations cater to various application areas, from residential homes to healthcare facilities, driving demand for specialized coatings.

Opportunities

• Emerging Markets

The decorative coatings market offers significant growth opportunities in emerging economies with rising middle-class populations and increased disposable incomes. As more consumers in these regions seek aesthetically pleasing and durable coatings, manufacturers can tap into these markets to expand their customer base and revenue.

• Customization and Personalization

Consumer preferences for customized and personalized coatings are growing. Manufacturers can capitalize on this trend by offering a wide range of colors, finishes, and textures. Customization allows companies to meet the unique demands of consumers, including interior designers and architects, and can differentiate them in a competitive market.

Restraints/Challenges

• Raw Material Price Volatility

The decorative coatings industry is sensitive to fluctuations in raw material prices, especially those derived from petrochemicals. Rapid price changes can affect production costs and profit margins for manufacturers. Maintaining stable pricing in the face of raw material price volatility is a significant challenge.

• Regulatory Compliance Costs

Meeting stringent environmental and safety regulations, particularly regarding VOC emissions, can be costly for manufacturers. Compliance necessitates investments in research, development, and technology to produce low-VOC coatings. These compliance costs can put pressure on profitability and limit the market entry of smaller players.

• Intense Competition

The decorative coatings market is highly competitive, with numerous established players. Entering or expanding within this market presents challenges related to market saturation and the need for product differentiation. Companies must invest in research and marketing to distinguish themselves and gain market share.

• Supply Chain Disruptions

The industry is vulnerable to supply chain disruptions caused by factors such as natural disasters, geopolitical tensions, and transportation issues. These disruptions can lead to delays in production and increased costs, impacting manufacturer’s ability to meet customer demand and maintain profitability. Robust supply chain management is crucial to mitigate these challenges.

This decorative coatings market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the decorative coatings market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Recent Development

• In September 2023, Grasim Industries Ltd, an Aditya Birla group company, is set to launch its new paints venture, Birla Opus, in the fourth quarter of FY24 with a committed investment of ₹10,000 crore ($1.34 billion). The move marks their entry into the high-growth Indian decorative paints market. With advanced research and manufacturing facilities across multiple Indian states, the firm aims to become a strong contender in the industry. The estimated value of India's decorative paints sector is ₹70,000 crore, driven by increasing consumer demand and government initiatives. Grasim's entry adds competition to established players like Asian Paints and Berger Paints

Global Decorative Coatings Market Scope

The decorative coatings market is segmented on the basis of product, resin type, formulation, substrate, coat type, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Primer
• Enamel
• Emulsions
• Others

Resin Type

• Acrylic
• Alkyd
• Polyurethane
• Epoxy
• Polyester
• Others

Formulation

• Water-Based
• Solvent-Based

Substrate

• Metal
• Plastic
• Glass
• Others

Coat Type

• Top Coat
• Base Coat
• Others

Application

• Architectural
• Automotive
• Domestic Appliances
• Medical
• Sporting Goods
• Jewellery
• Cosmetics
• Aerospace

Decorative Coatings Market Regional Analysis/Insights

The decorative coatings market is analysed and market size insights and trends are provided by product, resin type, formulation, substrate, coat type, and application are referenced above

The countries covered in the decorative coatings market report are U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America in South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, and the Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and the Rest of Asia-Pacific in Asia-Pacific, and U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and the Rest of the Middle East and Africa in Middle East and Africa

Asia-Pacific dominates the decorative coatings market due to rising construction spending along with rapid economic development in China, India, Indonesia, South Korea, and Thailand and growing domestic producers along with increasing infrastructure sector in this region during the forecast period.

Middle East and Africa is expected to witness the fastest growth during the forecast period due to increasing construction activities mainly in U.A.E. and Qatar due to economic recovery, advanced real estate regulatory framework, and increasing infrastructure projects in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Decorative Coatings Market Share Analysis

The decorative coatings market competitive landscape provides details by competitors. details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the company's focus related to the decorative coatings market.

Some of the major players operating in the decorative coatings market are:

• PPG Industries Inc. (U.S.)
• Akzo Nobel N.V. (Netherlands)
• The Sherwin-Williams Company (U.S.)
• Axalta Coating Systems LLC (U.S.)
• NIPSEA GROUP (Singapore)
• Kansai Paint Co. Ltd. (Japan)
• Bayer AG (Germany)
• KCC CORPORATION (South Korea)
• Jotun (Norway)
• Koninklijke DSM N.V. (Netherlands)
• BASF SE (Germany)
• Benjamin Moore & Co. (U.S.)
• Masco Corporation (U.S.)
• DAW SE (Germany)
• The Arkema Group (France)
• Berger Paints India Limited (India)
• Cabot Corporation (U.S.)
• Clariant (Switzerland)
• 이스트먼 케미컬 컴퍼니(미국)
• 티쿠릴라(핀란드)
• 크로몰로지(프랑스)
• HEMPEL A/S(덴마크)
• 애슐랜드(미국)
• RPM 인터내셔널 주식회사(미국)

SKU-28766