World Decorative Coatings Market to Gain Traction in Years to Come, Says Daedal Research in Its New Report Available at MarketPublishers.com20 Oct 2016 • by Natalie Aster
LONDON – The decorative coatings market has gained traction worldwide expanding at a robust growth pace over a number of years and is anticipated to increase through to 2020. The growth of the sector is underpinned by different growth drivers like a surging level of urbanisation, expanding construction activities in commercial and residential domains alike in the countries of Asia, massive investments and the rise of the furniture and construction sector and increased spending on decorative coatings across the USA and Western Europe, amid others. However, there exist a number of challenges faced by the market, like environmental footprint and stiff regulations, presence of substitutes, soaring raw material costs and sluggish development in emerging economies.
The global market for decorative coatings is extremely fragmented with a diversity of players. AkzoNobel Coatings, Sherwin Williams, PPG Industries Inc. and RPM International Inc. are amid the top players active in the worldwide decorative coatings marketplace.
New research report “Global Decorative Coatings Market with Focus on Performance Coatings” created by Daedal Research developed by Daedal Research provides an all-round, unbiased examination of the decorative coatings market worldwide. The study provides detailed market segmentation, gives an analysis of market size and growth by value and volume and market share based on region. The research report also limelights the global performance of the coatings market based on segments and value. It includes a brief region-wise analysis comprising market share by segment, country and by distribution channels for Europe, Latin America, North America and China. Additionally, the report also gives an evaluation of the key market opportunities and casts light on the factors that are and are expected to be boosting the industry growth. The study also projects the development of the world decorative coatings sector to 2020.
More new market research studies by Daedal Research can be found at its page.