Top Companies in Decorative Coatings Market by Size, Share, Historical and Future Data & CAGR | Report by Vantage Market Research
Decorative Coatings Market is projected to reach a value of USD 99.9 Billion by 2030 at a CAGR of 4.9% over the forecast period.
The Global Decorative Coatings Market was valued at USD 71.5 Billion in 2022 and is projected to reach a value of USD 99.9 Billion by 2030 at a CAGR of 4.9% over the forecast period. The global Decorative Coatings market will continue to expand due to rising demand from different end-user sectors and increasing infrastructural development.
Vantage Market Research has recently published a new report on the "Decorative Coatings Market” Global Industry Assessment & Forecast to identify key trends and challenges. The report offers insights into the competitive landscape, prospects, and key investment considerations for businesses operating in the Decorative Coatings market.
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The Global Decorative Coatings market is dominated by well-known players like PPG Industries Inc. (U.S.), The Sherwin Williams Company (U.S), AkzoNobel N.V. (Netherlands), Nippon Paint Holdings Co. (Japan), The Valspar Corporation (U.S), Asian Paints Ltd. (India), Berger Paints Ltd. (India), Cabot Corporation (U.S), DAW SE (Germany), Jotun (Norway), Masco Corporation (U.S), to name a few. These market participants are also pursuing strategies like investments, partnerships, acquisitions, and mergers to increase their market dominance. Furthermore, businesses are investing in the creation of better services. They are also concentrating on keeping their prices reasonable.
Let’s Take a Look at the Top Market Players that are Captivating the Decorative Coatings Market
- PPG Industries Inc. (U.S.)
PPG Industries, Inc. is an American Fortune 500 company and a global supplier of paints, coatings, and specialty materials. PPG is headquartered in Pittsburgh, Pennsylvania, and operates in more than 70 countries worldwide. In terms of turnover, it is the world's largest surface coating company, followed by AkzoNobel.
- The Sherwin-Williams Company (U.S.)
The Sherwin-Williams Company is an American paint and coatings company based in Cleveland, Ohio.
- AkzoNobel N.V. (Netherlands)
Akzo Nobel N.V. stylized as AkzoNobel is a Dutch multinational company that produces paints and coatings for both industry and consumers worldwide. The company is headquartered in Amsterdam and operates in more than 150 countries.
- Nippon Paint Holdings Co. (Japan)
Nippon Paint Holdings Co., Ltd. is a Japanese paint products manufacturing company. It is the fourth largest paint manufacturer globally based on revenue in 2020.
- The Valspar Corporation (U.S)
Valspar Corporation is an American paint and coatings manufacturer headquartered in Minneapolis, Minnesota. With more than 11,000 employees in 26 countries and a company history spanning two centuries, it was the sixth-largest paint and coatings company in the world.
- Asian Paints Ltd. (India)
Asian Paints Ltd is an Indian multinational paint company headquartered in Mumbai, Maharashtra, India. The company's field of activity is the production, sale, and distribution of paints, coatings, home decoration products, bathroom products, and related services.
- Berger Paints Ltd. (India)
Berger Paints Ltd is an Indian multinational paint company, based in Kolkata. This company has 16 manufacturing units in India, 2 in Nepal, and 1 each in Poland and Russia. Also, at Howrah and Rishra, Arinso, Taloja, Naltoli, Goa, Devla, Hindupur, Jejuri, Jammu, Puducherry, and Udyognagar.
- Cabot Corporation (U.S)
Cabot Corporation is an American specialty chemical and performance materials company headquartered in Boston, Massachusetts. The company operates in more than 20 countries and has 36 production units, eight research and development facilities, and 28 sales offices.
- DAW SE (Germany)
DAW SE operates as a paint manufacturing company. The company develops, manufactures, and markets coating systems and architectural paints. DAW serves customers in Europe.
- Jotun (Norway)
Jotun is a Norwegian international chemical company mainly focused on construction paints and coatings. It is one of the world's largest producers of paints and coatings.
- Masco Corporation (U.S)
Masco Corporation is an American manufacturer of home appliances and new construction products. The Masco conglomerate has more than 20 companies and nearly 60 manufacturing facilities in the United States and more than 20 worldwide. It has traded on the NYSE since 1969.
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