Europe Decorative Coatings Market Size, Dynamics and Key Developments 2024
The europe decorative coatings market is projected to reach USD x million in 2023, registering at a Compound Annual Growth Rate (CAGR) of 9.4% during the forecast period 2024-2030. The primary factors of the europe decorative coatings market drivers are the consistent growth registered by the european construction industry.
To offer the interior decorating and exterior protection of woodwork, masonry, and garden equipment that a new house requires for five or more years, around fifty litres of decorative paints and other coatings will do.In the UK, much more paint is needed to maintain the 28 million homes already in use. Applying a few litres of paint to windows and doors on time stops deterioration and saves resources.
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The europe decorative coatings market segmentation:
1) By Resin Type: Acrylic, Alkyd, and Polyurethane 2) By Product Type: Emulsions, Enamel, and Wood Coatings 3) By Technology: Water Based, and Solvent Based 4) By Application: Residential and Non-Residential
Applying wood coating, sometimes referred to as Topcoat, to wooden surfaces shields them from moisture, sunlight, oil, dust, and common home chemicals. Essentially transparent, topcoats are frequently polyurethane-based and give your furniture a glossy or matte surface while extending the paint's and the wood underneath's lifespan.
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The prominent key players operating in the europe decorative coatings market is 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.
Scope of The Report:
The europe decorative coatings market research report includes historical data, trending features, and market growth estimates for the future.
The qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period.
The market report helps to provide the best results for business enhancement and business growth.
The report gives a comprehensive overview of both primary and secondary data.?
The market key players covered here to help them strengthen their place in the market.