Asia Pacific Decorative Coatings Market Size, Share, Growth, Trends and Industry Analysis: By Resin Type, By Product Type, By Technology, By Application and Country Forecast 2020-2031   

Asia Pacific Decorative Coatings Market Size, Share, Growth, Trends and Industry Analysis: By Resin Type (Acrylic, Alkyd, and Polyurethane), By Product Type (Emulsions, Enamel, and Wood Coatings), By Technology (Water Based, and Solvent Based), By Application (Residential and Non-Residential) and Country Forecast 2020-2031   

Asia Pacific Decorative Coatings Market size was valued at US$ 80.17 billion in 2024 and is expected to reach US$ 112.80 billion by 2031, growing at a significant CAGR of 5.0% from 2025-2031. Based on resin type, the 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 the 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.

Asia Pacific Decorative Coatings Market Segmentation Analysis

Report Benchmarks

Details

Market Size in 2024

US$ 80.17 billion

Market Size in 2031

US$ 112.80 billion

By Resin Type

  • Acrylic
  • Alkyd
  • Polyurethane

By Products

  • Emulsions
  • Enamel
  • Wood Coatings

By Technology

  • Water Based
  • Solvent Based

By Application

  • Residential
  • Non-Residential

Key Features of the Report

  • The Asia Pacific decorative coatings market report provides granular level information about the market size, regional market share, historic market (2020 to 2024) and forecast (2025 to 2031)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup's details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis.

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Frequently Asked Questions

The Asia Pacific decorative coatings market size was valued at US$ 80.17 billion in 2024 and is projected to grow at a significant CAGR of 5.0% from 2025-2031.

The report covers the market data: China, India, Japan, Australia & New Zealand

The market key players are PPG Industries, AkzoNobel N.V., Sherwin-Williams Company, Asian Paints, Masco Corporation, Kansai Paints Co., Ltd

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Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

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, 2020-2024 and Forecast 2025-2031
4.1.  Market Analysis, 2020-2024 and Forecast 2025-2031, (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, 2020-2024 and Forecast 2025-2031 (Sales Value USD Million)
5.1. Acrylic
5.1.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (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, 2020-2024 and Forecast 2025-2031, (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, 2020-2024 and Forecast 2025-2031, (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, 2020-2024 and Forecast 2025-2031 (Sales Value USD Million)
6.1. Emulsions
6.1.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (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, 2020-2024 and Forecast 2025-2031, (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, 2020-2024 and Forecast 2025-2031, (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, 2020-2024 and Forecast 2025-2031 (Sales Value USD Million)
7.1. Water Based
7.1.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (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, 2020-2024 and Forecast 2025-2031, (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, 2020-2024 and Forecast 2025-2031 (Sales Value USD Million)
8.1. Residential
8.1.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (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, 2020-2024 and Forecast 2025-2031, (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, 2020-2024 and Forecast 2025-2031 (Sales Value USD Million)
9.1. China
9.1.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (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, 2020-2024 and Forecast 2025-2031, (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, 2020-2024 and Forecast 2025-2031, (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, 2020-2024 and Forecast 2025-2031, (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, 2020-2024 and Forecast 2025-2031, (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 ,2020-2024 and Forecast 2025-2031 (Sales Value USD Million)
10.1. Resin Type Analysis 2020-2024 and Forecast 2025-2031 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 2020-2024 and Forecast 2025-2031 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 2020-2024 and Forecast 2025-2031 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 2020-2024 and Forecast 2025-2031 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 ,2020-2024 and Forecast 2025-2031 (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 2020-2024 and Forecast 2025-2031 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 2020-2024 and Forecast 2025-2031 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 2020-2024 and Forecast 2025-2031 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 ,2020-2024 and Forecast 2025-2031 (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 2020-2024 and Forecast 2025-2031 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 2020-2024 and Forecast 2025-2031 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 2020-2024 and Forecast 2025-2031 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 ,2020-2024 and Forecast 2025-2031 (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 2020-2024 and Forecast 2025-2031 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 2020-2024 and Forecast 2025-2031 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 2020-2024 and Forecast 2025-2031 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 ,2020-2024 and Forecast 2025-2031 (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 2020-2024 and Forecast 2025-2031 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 2020-2024 and Forecast 2025-2031 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 2020-2024 and Forecast 2025-2031 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 

Key Market Players

  • 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

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