Protective Coatings, Decorative Paints and Coatings Market 2015 – 2019 Forecast and Analysis in New Research Reports at ReportsnReports.com
Dallas, Texas (PRWEB) December 12, 2014 -- Increase in civil construction is driving the global market for decorative paints and coatings. It enhances the aesthetics of a building and prevents cracks, fungus and water seepage. The global decorative paints and coatings market is expected to grow at a compound annual growth rate of 5.76 percent during the period from 2014 to 2019. Lack of product differentiation is one of the main challenges to the growth in the market. With greater market consolidation, the global decorative paints and coatings market is expected to grow in the future. The rapid growth of the oil and gas industry is propelling the growth in the global protective coatings market. Protective coatings help in protecting things from chemicals, fire and extreme weather conditions. The global market for protective coatings is expected to grow at a compound annual growth rate of 9.14 percent during the growth rate of 2014 to 2019. Some of the factors which are driving the growth in the global protective coatings market are increase in demand for solvent-free coatings and increase in demand from end-user market.
The global decorative paints and coatings market can be segmented based on type, end-user and geographical regions. On the basis of type, the global market can be segmented into water-based decorative paints and coatings and solvent-based decorative paints and coatings. According to end-user, the market can be categorized into residential sector and commercial sector. Product segments in the global decorative paints and coatings market include exterior and interior wall paints, enamel products and wood finishes. The global coatings market can be segmented on the basis of product type, end-user, technology, geographical regions, and resin type. By product type, the market can be segmented into anti-corrosive coatings, protective coatings and intumescent coatings. On the basis of technology, the market can be categorized into solvent borne technology, waterborne technology and powder coating technology. By end-user, the global market for coatings can be segmented into aerospace industry, oil and gas industry, infrastructure industry, and automotive industry. According to resin type, the market can be segmented into epoxy resins, alkyds and polyurethane resins.
Emerging trends in the protective coatings market are increase in demand for Eco-friendly products, emergence of new coating technologies and globalization and consolidation by vendors. However stringent government regulation is one of the biggest challenges to the growth of the market. To launch Eco-friendly products in the market, vendors are developing new coating technology-based products. In terms of performance and cost, zinc, polyurethane, and powder coating technologies are more effective and efficient than epoxy resin technology. Order a copy of this report at (Prices start at US $2500 for a Single User PDF) http://www.reportsnreports.com/purchase.aspx?name=320344. Also, get discount @ http://www.reportsnreports.com/contacts/discount.aspx?name=320344 .
Key players in the global decorative paints and coatings market are BASF SE, Sherwin Williams, AzkoNobel, and PPG Industries. Other important vendors in the market are Valspar, Tikkurila, Nippon Paint Co. Ltd., Meffert, Materis, Kansai Paint Co. Ltd., Jotun A/S, E.I. Du Pont De Nemours and Co., Dunn Edwards, Dulux, Dow Chemicals, DAW Caparol, Brillux, Benjamin Moore, Berger Paints, 3M Co. and Asian Paints Ltd. Order a copy of this report at (Prices start at US $2500 for a Single User PDF) http://www.reportsnreports.com/purchase.aspx?name=319504. Also, get discount @ http://www.reportsnreports.com/contacts/discount.aspx?name=319504.
Key players in the global protective coatings market are AzkoNobel, PPG Industries, Jotun and Valspar Corporation. Other prominent vendors in the market are Asian Paints Ltd., Berger Paints, 3M Co., Tikkurila, Sika Group, Sherwin Williams, Nippon Paint Co., Kansai Paint Co., Meffert, Hempel Group, E.I. Du Pont De Nemours and Co., Dulux, Dow Chemicals, Croda International, Chugoku Marine Paints, Brillux, Boero Bartolomeo, BASF SE, and Arkema Group.
The report is an in-depth and professional report that covers market scenario, market size, trends, drivers and their impact, challenges, market opportunities and threats, key vendors, growth prospects, product offerings, and strength and weaknesses of key vendors.
List of Exhibits for Global Decorative Paints and Coatings Market 2015-2019:
Exhibit 1: Market Research Methodology
Exhibit 2: Global Decorative Paints and Coatings Market Overview
Exhibit 3: Global Decorative Paints and Coatings Market 2014-2019 (US$ billion)
Exhibit 4: Global Decorative Paint and Coatings Market 2014-2019 (million metric tons)
Exhibit 5: Global Decorative Paints and Coatings Market Segmentation by Type
Exhibit 6: Global Decorative Paints and Coatings Market Segmentation by Type 2014 and more.
List of Exhibits for Global Protective Coatings Market 2015-2019:
Exhibit 1: Market Research Methodology
Exhibit 2: Global Protective Coatings Market Segmentation
Exhibit 3: Global Protective Coatings Market by Product Type
Exhibit 4: Global Protective Coatings Market by Technology
Exhibit 5: Global Protective Coatings Market by Resin Type and more.
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Ritesh Tiwari, ReportsnReports.com, http://www.rnrmarketresearch.com/, +1 (888) 391-5441, [email protected]
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