- Acrylic
- Alkyd
- Polyurethane
Asia Pacific Decorative Coatings Market size was valued at USD x billion in 2023 and is expected to reach USD x billion by 2029, at a CAGR of x% from forecast period 2024 to 2030. Based on resin type, the Asia Pacific decorative coatings market is segmented into acrylics, alkyds, and polyurethane. Acrylics segment is expected to dominate the market due to its peculiar characteristics such as resistance to chalking, optical clarity, resistance to sunlight, rigid with good strength, and excellent dimensional stability. The report studies Asia Pacific decorative coatings market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
Asia Pacific Decorative Coatings Market Dynamics
Launch and development of innovative decorative coatings by the market players enables surge in the decorative coatings market demand over the forecast years. For instance, on June 2018, PPG Industries (U.S.) launched the new decorative coatings which has a wide range of application. Moreover, launch of newer products in various countries enables the growth of decorative coatings market over the forecast years.
Country Analysis
Asia Pacific Decorative Coatings Market
Asia Pacific decorative coatings market report analyses the market in different countries of Asia Pacific. China accounted for major revenue share in Asia Pacific decorative coatings due to increased demand of decorative coatings from the growing population and emerging opportunities.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- Asia Pacific decorative coatings market expanding at significant CAGR over 2024 to 2030 to reach market value of US$ XX Mn by 2030 owing to increasing launch of newer products.
- Based on resin type acrylics segment accounted for larger market revenue share in 2023 and projected gain market revenue share over the forecast period
- Players focusing on mergers and acquisitions strategies to retain market position in Asia Pacific decorative coatings market
Asia Pacific Decorative Coatings Market Segmentation
By Resin Type
By Products
- Emulsions
- Enamel
- Wood Coatings
By Technology
- Water Based
- Solvent Based
By Application
- Residential
- Non-Residential
Frequently Asked Questions
2023 is the base year and 2030 is the forecast year.
The report covers the asia pacific decorative coatings market data: China, India, Japan, Australia & New Zealand
The asia pacific decorative coatings market key players are PPG Industries, AkzoNobel N.V., Sherwin-Williams Company, Asian Paints, Masco Corporation, Kansai Paints Co., Ltd
| 1.Executive Summary |
| 2.Asia Pacific Decorative Coatings Market Introduction |
| 2.1.Asia Pacific Decorative Coatings Market - Taxonomy |
| 2.2.Asia Pacific Decorative Coatings Market - Definitions |
| 2.2.1.Resin Type |
| 2.2.2.Products |
| 2.2.3.Technology |
| 2.2.4.Application |
| 2.2.5.Country |
| 3.Asia Pacific Decorative Coatings Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Asia Pacific Decorative Coatings Market Analysis, 2019-2023 and Forecast 2024-2030 |
| 4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Asia Pacific Decorative Coatings Market By Resin Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 5.1. Acrylic |
| 5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Alkyd |
| 5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Polyurethane |
| 5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Asia Pacific Decorative Coatings Market By Products, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 6.1. Emulsions |
| 6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Enamel |
| 6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Wood Coatings |
| 6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Asia Pacific Decorative Coatings Market By Technology, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 7.1. Water Based |
| 7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Solvent Based |
| 7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8.Asia Pacific Decorative Coatings Market By Application, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 8.1. Residential |
| 8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Non-Residential |
| 8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 9.Asia Pacific Decorative Coatings Market By Country, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 9.1. China |
| 9.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. India |
| 9.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Australia and New Zealand (ANZ) |
| 9.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Japan |
| 9.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Rest of APAC |
| 9.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10.China Decorative Coatings Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 10.1. Resin Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Acrylic |
| 10.1.2.Alkyd |
| 10.1.3.Polyurethane |
| 10.2. Products Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Emulsions |
| 10.2.2.Enamel |
| 10.2.3.Wood Coatings |
| 10.3. Technology Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Water Based |
| 10.3.2.Solvent Based |
| 10.4. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Residential |
| 10.4.2.Non-Residential |
| 11.India Decorative Coatings Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 11.1. Resin Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Acrylic |
| 11.1.2.Alkyd |
| 11.1.3.Polyurethane |
| 11.2. Products Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Emulsions |
| 11.2.2.Enamel |
| 11.2.3.Wood Coatings |
| 11.3. Technology Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Water Based |
| 11.3.2.Solvent Based |
| 11.4. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Residential |
| 11.4.2.Non-Residential |
| 12.Australia and New Zealand (ANZ) Decorative Coatings Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 12.1. Resin Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Acrylic |
| 12.1.2.Alkyd |
| 12.1.3.Polyurethane |
| 12.2. Products Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Emulsions |
| 12.2.2.Enamel |
| 12.2.3.Wood Coatings |
| 12.3. Technology Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Water Based |
| 12.3.2.Solvent Based |
| 12.4. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Residential |
| 12.4.2.Non-Residential |
| 13.Japan Decorative Coatings Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 13.1. Resin Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Acrylic |
| 13.1.2.Alkyd |
| 13.1.3.Polyurethane |
| 13.2. Products Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Emulsions |
| 13.2.2.Enamel |
| 13.2.3.Wood Coatings |
| 13.3. Technology Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Water Based |
| 13.3.2.Solvent Based |
| 13.4. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Residential |
| 13.4.2.Non-Residential |
| 14.Rest of APAC Decorative Coatings Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 14.1. Resin Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Acrylic |
| 14.1.2.Alkyd |
| 14.1.3.Polyurethane |
| 14.2. Products Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Emulsions |
| 14.2.2.Enamel |
| 14.2.3.Wood Coatings |
| 14.3. Technology Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Water Based |
| 14.3.2.Solvent Based |
| 14.4. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Residential |
| 14.4.2.Non-Residential |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.PPG Industries |
| 15.2.2.AkzoNobel N.V. |
| 15.2.3.Sherwin-Williams Company |
| 15.2.4.Asian Paints |
| 15.2.5.Masco Corporation |
| 15.2.6.Kansai Paints Co., Ltd |
| 15.2.7.DuluxGroup Ltd |
| 15.2.8.Jotun A/S |
| 15.2.9.DAW SE |
| 15.2.10.Nippon Paint Co., Ltd |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
- PPG Industries
- AkzoNobel N.V.
- Sherwin-Williams Company
- Asian Paints
- Masco Corporation
- Kansai Paints Co., Ltd
- DuluxGroup Ltd
- Jotun A/S
- DAW SE
- Nippon Paint Co., Ltd