1 INTRODUCTION 42
1.1 OBJECTIVES OF THE STUDY 42
1.2 MARKET DEFINITION 42
1.2.1 MARKET INCLUSIONS 43
1.2.2 MARKET EXCLUSIONS 43
1.3 MARKET SEGMENTATION 43
1.3.1 REGIONS COVERED 44
1.3.2 YEARS CONSIDERED FOR THE STUDY 44
1.4 CURRENCY 45
1.5 UNIT CONSIDERED 45
1.6 STAKEHOLDERS 45
1.7 SUMMARY OF CHANGES 45

2 RESEARCH METHODOLOGY 46
2.1 RESEARCH DATA 46
FIGURE 1 DECORATIVE COATINGS MARKET: RESEARCH DESIGN 46
2.1.1 SECONDARY DATA 47
2.1.1.1 Key data from secondary sources 47
2.1.2 PRIMARY DATA 48
2.1.2.1 Key data from primary sources 48
2.1.2.2 Breakdown of primary interviews 49
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS 49
2.1.2.3 Key Industry Insights 49
2.1.2.4 Primary data sources 50
2.2 MARKET SIZE ESTIMATION 50
FIGURE 3 DECORATIVE COATINGS MARKET, BASE NUMBER ESTIMATION 50
FIGURE 4 MARKET ESTIMATION: SUPPLY SIDE 51
FIGURE 5 DECORATIVE COATINGS MARKET, BY REGION 51
2.2.1 BOTTOM-UP APPROACH 52
FIGURE 6 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 52
2.2.2 TOP-DOWN APPROACH 53
FIGURE 7 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 53
2.3 DATA TRIANGULATION 54
FIGURE 8 DECORATIVE COATINGS MARKET: DATA TRIANGULATION 54
2.4 ASSUMPTIONS 55
2.5 LIMITATIONS 56
2.6 RISK ANALYSIS ASSESSMENT 56
2.7 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST 56

3 EXECUTIVE SUMMARY 57
TABLE 1 DECORATIVE COATINGS MARKET SNAPSHOT, 2021 VS. 2026 58
FIGURE 9 ACRYLIC RESIN SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF THE OVERALL DECORATIVE COATINGS MARKET IN 2020 59
FIGURE 10 WATERBORNE TECHNOLOGY CAPTURED THE LARGEST MARKET SHARE IN 2020 59
FIGURE 11 RESIDENTIAL SEGMENT WAS THE LARGER APPLICATION OF DECORATIVE COATINGS IN 2020 60
FIGURE 12 APAC LED THE DECORATIVE COATINGS MARKET IN 2020 60

4 PREMIUM INSIGHTS 62
4.1 ATTRACTIVE OPPORTUNITIES IN THE DECORATIVE COATINGS MARKET 62
FIGURE 13 DECORATIVE COATINGS MARKET TO WITNESS MODERATE GROWTH (2021-2026) 62
4.2 DECORATIVE COATINGS MARKET GROWTH, BY RESIN TYPE 62
FIGURE 14 POLYURETHANE TO BE THE FASTEST-GROWING SEGMENT BETWEEN 2021 AND 2026 62
4.3 DECORATIVE COATINGS MARKET GROWTH, BY TECHNOLOGY 63
FIGURE 15 POWDER COATINGS TO BE THE FASTEST-GROWING SEGMENT BETWEEN 2021 AND 2026 63
4.4 DECORATIVE COATINGS MARKET GROWTH, BY COATING TYPE 63
FIGURE 16 INTERIOR TO BE THE LARGER SEGMENT BETWEEN 2021 AND 2026 63
4.5 APAC DECORATIVE COATINGS MARKET, BY TECHNOLOGY AND COUNTRY, 2020 64
FIGURE 17 WATERBORNE COATINGS SEGMENT AND CHINA ACCOUNTED FOR THE LARGEST SHARES 64
4.6 DECORATIVE COATINGS MARKET: DEVELOPED VS. DEVELOPING COUNTRIES 64
FIGURE 18 DEVELOPING MARKETS TO GROW FASTER THAN DEVELOPED MARKETS 64
4.7 DECORATIVE COATINGS MARKET, BY COUNTRY 65
FIGURE 19 INDIA EMERGING AS A LUCRATIVE MARKET FOR DECORATIVE COATINGS 65

5 MARKET OVERVIEW 66
5.1 INTRODUCTION 66
5.2 MARKET DYNAMICS 66
FIGURE 20 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE DECORATIVE COATINGS MARKET 66
5.2.1 DRIVERS 67
5.2.1.1 Growth of the construction industry 67
5.2.1.2 Environmentally-friendly coating systems 67
5.2.1.3 Durable coatings with better performance and aesthetics 68
5.2.2 RESTRAINTS 69
5.2.2.1 Stringent and time-consuming regulatory policies 69
5.2.3 OPPORTUNITIES 69
5.2.3.1 Opportunities in less-regulated regions 69
5.2.3.2 Investments in emerging markets 69
5.2.4 CHALLENGES 70
5.2.4.1 Adoption of new technologies 70
5.2.4.2 Volatility in prices of titanium dioxide 70
5.3 PORTER'S FIVE FORCES ANALYSIS 70
TABLE 2 DECORATIVE COATINGS MARKET: PORTER'S FIVE FORCES ANALYSIS 70
FIGURE 21 PORTER'S FIVE FORCES ANALYSIS: DECORATIVE COATINGS MARKET 71
5.3.1 THREAT OF NEW ENTRANTS 71
5.3.2 THREAT OF SUBSTITUTES 71
5.3.3 BARGAINING POWER OF BUYERS 72
5.3.4 BARGAINING POWER OF SUPPLIERS 72
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 72
5.4 MACRO INDICATOR ANALYSIS 72
5.4.1 INTRODUCTION 72
5.4.2 TRENDS AND FORECAST OF GDP 72
TABLE 3 TRENDS AND FORECAST OF GDP, PERCENTAGE CHANGE, 2019-2026 73
5.4.3 TRENDS AND FORECAST OF GLOBAL CONSTRUCTION INDUSTRY 74
FIGURE 22 GLOBAL SPENDING IN CONSTRUCTION INDUSTRY, 2014-2035 74
5.5 COVID-19 IMPACT 75
5.6 COVID-19 ECONOMIC ASSESSMENT 76
FIGURE 23 ECONOMIC OUTLOOK FOR MAJOR COUNTRIES 77
5.6.1 COVID-19 ECONOMIC IMPACT: SCENARIO ASSESSMENT 78
FIGURE 24 FACTORS THAT IMPACTED ECONOMY OF SELECT G20 COUNTRIES IN 2020 78
5.7 IMPACT OF COVID-19 ON END-USE INDUSTRIES 79
FIGURE 25 PRE-COVID-19 IMPACT AND POST-COVID-19 IMPACT MARKET SCENARIOS: DECORATIVE COATINGS MARKET 79
5.7.1 IMPACT ON CONSTRUCTION INDUSTRY 79
5.8 IMPACT OF COVID-19 ON REGIONS 80
5.8.1 IMPACT OF COVID-19 ON APAC 80
5.8.2 IMPACT OF COVID-19 ON NORTH AMERICA 80
5.8.3 IMPACT OF COVID-19 ON EUROPE 80
5.8.4 IMPACT OF COVID-19 ON MIDDLE EAST & AFRICA 81
5.8.5 IMPACT OF COVID-19 ON SOUTH AMERICA 81
5.9 VALUE CHAIN ANALYSIS 82
FIGURE 26 DECORATIVE COATINGS MARKET: VALUE CHAIN ANALYSIS 82
5.10 PRICING ANALYSIS 82
FIGURE 27 AVERAGE PRICE COMPETITIVENESS IN DECORATIVE COATINGS MARKET, BY REGION 83
5.11 PAINTS & COATINGS ECOSYSTEM AND INTERCONNECTED MARKET 83
TABLE 4 DECORATIVE COATINGS MARKET: SUPPLY CHAIN 83
FIGURE 28 PAINTS & COATINGS: ECOSYSTEM 84
5.12 YC AND YCC SHIFT 85
5.13 EXPORT-IMPORT TRADE STATISTICS 85
TABLE 5 COUNTRY-WISE EXPORT DATA FOR PAINTS AND COATINGS, HS CODE 3210 (IN USD THOUSAND) 85
TABLE 6 COUNTRY-WISE EXPORT DATA FOR PAINTS AND COATINGS, HS CODE 3209 (IN USD THOUSAND) 90
TABLE 7 COUNTRY-WISE IMPORT DATA FOR PAINTS AND COATINGS, HS CODE 3210 (IN USD THOUSAND) 95
TABLE 8 COUNTRY-WISE IMPORT DATA FOR PAINTS AND COATINGS, HS CODE 3209 (IN USD THOUSAND) 101
5.14 REGULATIONS 106
5.14.1 MODEL LEAD PAINT LAW 107
5.15 PATENT ANALYSIS 112
5.15.1 METHODOLOGY 112
5.15.2 PUBLICATION TRENDS 112
FIGURE 29 NUMBER OF PATENTS PUBLISHED, 2015-2021 113
5.15.3 TOP JURISDICTION 113
FIGURE 30 PATENTS PUBLISHED BY JURISDICTION, 2015-2021 113
5.15.4 TOP APPLICANTS 114
FIGURE 31 PATENTS PUBLISHED BY MAJOR APPLICANTS, 2015-2021 114
TABLE 9 RECENT PATENTS BY OWNERS 114
5.16 CASE STUDY ANALYSIS 115
5.17 TECHNOLOGY ANALYSIS 117

6 DECORATIVE COATINGS MARKET, BY RESIN TYPE 119
6.1 INTRODUCTION 120
FIGURE 32 ACRYLIC RESINS ACCOUNTED FOR THE LARGEST MARKET SHARE (VALUE) IN 2020 120
TABLE 10 DECORATIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2016-2020 (USD MILLION) 120
TABLE 11 DECORATIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2021-2026 (USD MILLION) 120
TABLE 12 DECORATIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2016-2020 (KILOTON) 121
TABLE 13 DECORATIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2021-2026 (KILOTON) 121
6.2 ACRYLIC RESIN 121
6.2.1 FLEXIBILITY OF ACRYLIC RESINS HELPS THE SEGMENT WITNESS THE HIGHEST GROWTH 121
TABLE 14 PROPERTIES AND APPLICATIONS OF ACRYLIC DECORATIVE COATINGS 122
TABLE 15 ACRYLIC: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (USD MILLION) 122
TABLE 16 ACRYLIC: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 122
TABLE 17 ACRYLIC: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (KILOTON) 123
TABLE 18 ACRYLIC: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (KILOTON) 123
6.3 ALKYD RESIN 124
6.3.1 APAC IS THE LARGEST AND FASTEST-GROWING MARKET FOR ALKYD RESIN SEGMENT 124
TABLE 19 PROPERTIES AND APPLICATIONS OF ACRYLIC RESINS 124
TABLE 20 ALKYD: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (USD MILLION) 125
TABLE 21 ALKYD: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 125
TABLE 22 ALKYD: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (KILOTON) 125
TABLE 23 ALKYD: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (KILOTON) 126
6.4 VINYL RESIN 126
6.4.1 VINYL COPOLYMER IS USED IN AIR-DRYING COATINGS FOR ITS EXCELLENT TOUGHNESS AND GOOD RESISTANCE TO WATER AND CHEMICALS 126
TABLE 24 PROPERTIES AND APPLICATIONS OF VINYL RESINS 126
TABLE 25 VINYL: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (USD MILLION) 127
TABLE 26 VINYL: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 127
TABLE 27 VINYL: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (KILOTON) 127
TABLE 28 VINYL: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (KILOTON) 128
6.5 POLYURETHANE RESIN 128
6.5.1 INTERIORS & FURNITURE IS ONE OF THE MAJOR END-USERS OF POLYURETHANE COATINGS 128
TABLE 29 PROPERTIES AND APPLICATIONS OF POLYURETHANE RESINS 129
TABLE 30 POLYURETHANE: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (USD MILLION) 129
TABLE 31 POLYURETHANE: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 129
TABLE 32 POLYURETHANE: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (KILOTON) 130
TABLE 33 POLYURETHANE: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (KILOTON) 130
6.6 OTHERS 131
6.6.1 STYRENE ACRYLICS 131
6.6.2 EPOXY RESIN 131
6.6.3 UNSATURATED POLYESTER RESIN 131
6.6.4 SATURATED POLYESTER RESIN 131
TABLE 34 OTHER RESIN TYPES: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (USD MILLION) 132
TABLE 35 OTHER RESIN TYPES: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 132
TABLE 36 OTHER RESIN TYPES: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (KILOTON) 132
TABLE 37 OTHER RESIN TYPES: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (KILOTON) 133

7 DECORATIVE COATINGS MARKET, BY TECHNOLOGY 134
7.1 INTRODUCTION 135
FIGURE 33 WATERBORNE COATINGS TO BE THE LARGEST TECHNOLOGY SEGMENT DURING THE FORECAST PERIOD 135
TABLE 38 DECORATIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2016-2020 (USD MILLION) 135
TABLE 39 DECORATIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2021-2026 (USD MILLION) 136
TABLE 40 DECORATIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2016-2020 (KILOTON) 136
TABLE 41 DECORATIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2021-2026 (KILOTON) 136
7.2 WATERBORNE DECORATIVE COATINGS 137
7.2.1 IN ADDITION TO REDUCING VOC EMISSIONS DURING THE APPLICATION, WATERBORNE COATINGS REDUCE THE RISK OF FIRE 137
FIGURE 34 TYPES OF WATERBORNE COATINGS 137
FIGURE 35 DRIVERS AND RESTRAINTS: WATERBORNE COATINGS 138
TABLE 42 WATERBORNE: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (USD MILLION) 139
TABLE 43 WATERBORNE: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 139
TABLE 44 WATERBORNE: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (KILOTON) 139
TABLE 45 WATERBORNE: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (KILOTON) 140
7.3 SOLVENTBORNE DECORATIVE COATINGS 140
7.3.1 SOLVENTBORNE COATINGS PROVIDE ALMOST IMMEDIATE WATERPROOFING PROTECTION AFTER APPLICATION 140
TABLE 46 SOLVENTBORNE: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (USD MILLION) 141
TABLE 47 SOLVENTBORNE: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 141
TABLE 48 SOLVENTBORNE: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (KILOTON) 141
TABLE 49 SOLVENTBORNE: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (KILOTON) 142
7.4 POWDER COATINGS 142
7.4.1 POWDER COATING TECHNOLOGY USES DRY RESIN POWDERS FOR COATING SUBSTRATES WITH THERMOPLASTIC OR THERMOSET FILMS 142
FIGURE 36 TYPES OF POWDER COATINGS 142
FIGURE 37 DRIVERS AND RESTRAINTS: POWDER COATINGS 143
TABLE 50 POWDER COATINGS: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (USD MILLION) 143
TABLE 51 POWDER COATINGS: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 145
TABLE 52 POWDER COATINGS: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (KILOTON) 145
TABLE 53 POWDER COATINGS: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (KILOTON) 145

8 DECORATIVE COATINGS MARKET, BY COATING TYPE 147
8.1 INTRODUCTION 148
FIGURE 38 INTERIOR SEGMENT TO ACCOUNT FOR LARGER SHARE (VOLUME) OF THE OVERALL DECORATIVE COATINGS MARKET 148
TABLE 54 DECORATIVE COATINGS MARKET SIZE, BY COATING TYPE, 2016-2020 (USD MILLION) 148
TABLE 55 DECORATIVE COATINGS MARKET SIZE, BY COATING TYPE, 2021-2026 (USD MILLION) 148
TABLE 56 DECORATIVE COATINGS MARKET SIZE, BY COATING TYPE, 2016-2020 (KILOTON) 149
TABLE 57 DECORATIVE COATINGS MARKET SIZE, BY COATING TYPE, 2021-2026 (KILOTON) 149
8.2 INTERIOR 149
8.2.1 COATINGS USED TO PAINT INTERIORS HAVE STAIN REPELLENCY, BETTER HIDING PROPERTY, DURABILITY, AND LONG-LASTING PERFORMANCE WITH APPLICATION VERSATILITY 149
TABLE 58 INTERIOR: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (USD MILLION) 149
TABLE 59 INTERIOR: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 150
TABLE 60 INTERIOR: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (KILOTON) 150
TABLE 61 INTERIOR: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (KILOTON) 150
8.3 EXTERIOR 152
8.3.1 COATINGS ARE USED ON EXTERIOR SURFACES FOR DECORATION AND GENERAL MAINTENANCE 152
TABLE 62 EXTERIOR: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (USD MILLION) 152
TABLE 63 EXTERIOR: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 152
TABLE 64 EXTERIOR: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (KILOTON) 153
TABLE 65 EXTERIOR: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (KILOTON) 153

9 DECORATIVE COATINGS MARKET, BY USER TYPE 154
9.1 INTRODUCTION 155
FIGURE 39 PROFESSIONAL SEGMENT TO ACCOUNT FOR LARGER SHARE (VOLUME) OF THE DECORATIVE COATINGS MARKET 155
TABLE 66 DECORATIVE COATINGS MARKET SIZE, BY USER TYPE, 2016-2020 (USD MILLION) 155
TABLE 67 DECORATIVE COATINGS MARKET SIZE, BY USER TYPE, 2021-2026 (USD MILLION) 155
TABLE 68 DECORATIVE COATINGS MARKET SIZE, BY USER TYPE, 2016-2020 (KILOTON) 156
TABLE 69 DECORATIVE COATINGS MARKET SIZE, BY USER TYPE, 2021-2026 (KILOTON) 156
9.2 DIY 156
9.2.1 COST CONSTRAINTS, CREATIVE CONTROL, AND FORCED LOCKDOWN INFLUENCING HOMEOWNERS TO OPT FOR DIY PAINTING 156
TABLE 70 DIY: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (USD MILLION) 157
TABLE 71 DIY: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 157
TABLE 72 DIY: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (KILOTON) 157
TABLE 73 DIY: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (KILOTON) 158
9.3 PROFESSIONAL 158
9.3.1 INCREASING SPENDING POWER OF CONSUMERS SUPPORTING MARKET GROWTH IN THIS SEGMENT 158
TABLE 74 PROFESSIONAL: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (USD MILLION) 158
TABLE 75 PROFESSIONAL: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 159
TABLE 76 PROFESSIONAL: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (KILOTON) 159
TABLE 77 PROFESSIONAL: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (KILOTON) 159

10 DECORATIVE COATINGS MARKET, BY PRODUCT TYPE 160
10.1 INTRODUCTION 160
10.2 EMULSIONS 160
10.3 WOOD COATINGS 160
10.3.1 VARNISHES 160
10.3.2 STAINS 161
10.4 ENAMELS 161
10.5 OTHERS 161

11 DECORATIVE COATINGS MARKET, BY COLOR TYPE 162
11.1 INTRODUCTION 163
TABLE 78 DECORATIVE COATINGS MARKET SIZE, BY COLOR TYPE, 2016-2020 (USD MILLION) 163
TABLE 79 DECORATIVE COATINGS MARKET SIZE, BY COLOR TYPE, 2021-2026 (USD MILLION) 163
TABLE 80 DECORATIVE COATINGS MARKET SIZE, BY COLOR TYPE, 2016-2020 (KILOTON) 163
TABLE 81 DECORATIVE COATINGS MARKET SIZE, BY COLOR TYPE, 2021-2026 (KILOTON) 163
11.2 WHITE 164
11.2.1 THE MOST POPULAR CHOICE OF COLOR USED WHEN PAINTING A HOME IS WHITE 164
TABLE 82 WHITE: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (USD MILLION) 164
TABLE 83 WHITE: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 164
TABLE 84 WHITE: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (KILOTON) 165
TABLE 85 WHITE: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (KILOTON) 165
11.3 OTHERS 166
TABLE 86 OTHERS: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (USD MILLION) 166
TABLE 87 OTHERS: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 167
TABLE 88 OTHERS: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (KILOTON) 167
TABLE 89 OTHERS: DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (KILOTON) 167

12 DECORATIVE COATINGS MARKET, BY APPLICATION 168
12.1 INTRODUCTION 169
FIGURE 40 RESIDENTIAL SEGMENT TO DOMINATE THE OVERALL DECORATIVE COATINGS MARKET 169
TABLE 90 DECORATIVE COATINGS MARKET SIZE, BY APPLICATION, 2016-2020 (USD MILLION) 169
TABLE 91 DECORATIVE COATINGS MARKET SIZE, BY APPLICATION, 2021-2026 (USD MILLION) 169
TABLE 92 DECORATIVE COATINGS MARKET SIZE, BY APPLICATION, 2016-2020 (KILOTON) 170
TABLE 93 DECORATIVE COATINGS MARKET SIZE, BY APPLICATION, 2021-2026 (KILOTON) 170
TABLE 94 RESIDENTIAL DECORATIVE COATINGS MARKET SIZE, BY SUB-APPLICATION, 2016-2020 (USD MILLION) 170
TABLE 95 RESIDENTIAL DECORATIVE COATINGS MARKET SIZE, BY SUB-APPLICATION, 2021-2026 (USD MILLION) 170
TABLE 96 RESIDENTIAL DECORATIVE COATINGS MARKET SIZE, BY SUB-APPLICATION, 2016-2020 (KILOTON) 170
TABLE 97 RESIDENTIAL DECORATIVE COATINGS MARKET SIZE, BY SUB-APPLICATION, 2021-2026 (KILOTON) 171
12.2 RESIDENTIAL 171
12.2.1 NEW CONSTRUCTION 171
12.2.2 REMODEL AND REPAINT 171
TABLE 98 DECORATIVE COATINGS MARKET SIZE IN RESIDENTIAL, BY REGION, 2016-2020 (USD MILLION) 172
TABLE 99 DECORATIVE COATINGS MARKET SIZE IN RESIDENTIAL, BY REGION, 2021-2026 (USD MILLION) 172
TABLE 100 DECORATIVE COATINGS MARKET SIZE IN RESIDENTIAL, BY REGION, 2016-2020 (KILOTON) 172
TABLE 101 DECORATIVE COATINGS MARKET SIZE IN RESIDENTIAL, BY REGION, 2021-2026 (KILOTON) 174
TABLE 102 DECORATIVE COATINGS MARKET SIZE IN RESIDENTIAL (NEW CONSTRUCTION), BY REGION, 2016-2020 (USD MILLION) 174
TABLE 103 DECORATIVE COATINGS MARKET SIZE IN RESIDENTIAL (NEW CONSTRUCTION), BY REGION, 2021-2026 (USD MILLION) 174
TABLE 104 DECORATIVE COATINGS MARKET SIZE IN RESIDENTIAL (NEW CONSTRUCTION), BY REGION, 2016-2020 (KILOTON) 175
TABLE 105 DECORATIVE COATINGS MARKET SIZE IN RESIDENTIAL (NEW CONSTRUCTION), BY REGION, 2021-2026 (KILOTON) 175
TABLE 106 DECORATIVE COATINGS MARKET SIZE IN RESIDENTIAL (REMODEL AND REPAINT), BY REGION, 2016-2020 (USD MILLION) 175
TABLE 107 DECORATIVE COATINGS MARKET SIZE IN RESIDENTIAL (REMODEL AND REPAINT), BY REGION, 2021-2026 (USD MILLION) 176
TABLE 108 DECORATIVE COATINGS MARKET SIZE IN RESIDENTIAL (REMODEL AND REPAINT), BY REGION, 2016-2020 (KILOTON) 176
TABLE 109 DECORATIVE COATINGS MARKET SIZE IN RESIDENTIAL (REMODEL AND REPAINT), BY REGION, 2021-2026 (KILOTON) 176
12.3 NON-RESIDENTIAL 177
12.3.1 COMMERCIAL 177
12.3.2 INDUSTRIAL 177
12.3.3 INFRASTRUCTURE 177
TABLE 110 DECORATIVE COATINGS MARKET SIZE IN NON-RESIDENTIAL, BY REGION, 2016-2020 (USD MILLION) 177
TABLE 111 DECORATIVE COATINGS MARKET SIZE IN NON-RESIDENTIAL, BY REGION, 2021-2026 (USD MILLION) 178
TABLE 112 DECORATIVE COATINGS MARKET SIZE IN NON-RESIDENTIAL, BY REGION, 2016-2020 (KILOTON) 178
TABLE 113 DECORATIVE COATINGS MARKET SIZE IN NON-RESIDENTIAL, BY REGION, 2021-2026 (KILOTON) 178

13 DECORATIVE COATINGS MARKET, BY REGION 180
13.1 INTRODUCTION 181
FIGURE 41 APAC TO REGISTER THE HIGHEST CAGR BETWEEN 2021 AND 2026 181
TABLE 114 DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (USD MILLION) 181
TABLE 115 DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (USD MILLION) 182
TABLE 116 DECORATIVE COATINGS MARKET SIZE, BY REGION, 2016-2020 (KILOTON) 182
TABLE 117 DECORATIVE COATINGS MARKET SIZE, BY REGION, 2021-2026 (KILOTON) 182
13.2 APAC 183
FIGURE 42 APAC: DECORATIVE COATINGS MARKET SNAPSHOT 184
TABLE 118 APAC: DECORATIVE COATINGS MARKET SIZE, BY COUNTRY, 2016-2020 (USD MILLION) 185
TABLE 119 APAC: DECORATIVE COATINGS MARKET SIZE, BY COUNTRY, 2021-2026 (USD MILLION) 185
TABLE 120 APAC: DECORATIVE COATINGS MARKET SIZE, BY COUNTRY, 2016-2020 (KILOTON) 186
TABLE 121 APAC: DECORATIVE COATINGS MARKET SIZE, BY COUNTRY, 2021-2026 (KILOTON) 186
TABLE 122 APAC: DECORATIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2016-2020 (USD MILLION) 187
TABLE 123 APAC: DECORATIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2021-2026 (USD MILLION) 187
TABLE 124 APAC: DECORATIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2016-2020 (KILOTON) 187
TABLE 125 APAC: DECORATIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2021-2026 (KILOTON) 188
TABLE 126 APAC: DECORATIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2016-2020 (USD MILLION) 188
TABLE 127 APAC: DECORATIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2021-2026 (USD MILLION) 188
TABLE 128 APAC: DECORATIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2016-2020 (KILOTON) 189
TABLE 129 APAC: DECORATIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2021-2026 (KILOTON) 189
TABLE 130 APAC: DECORATIVE COATINGS MARKET SIZE, BY APPLICATION, 2016-2020 (USD MILLION) 189
TABLE 131 APAC: DECORATIVE COATINGS MARKET SIZE, BY APPLICATION, 2021-2026 (USD MILLION) 190
TABLE 132 APAC: DECORATIVE COATINGS MARKET SIZE, BY APPLICATION, 2016-2020 (KILOTON) 190
TABLE 133 APAC: DECORATIVE COATINGS MARKET SIZE, BY APPLICATION, 2021-2026 (KILOTON) 190
TABLE 134 APAC: RESIDENTIAL DECORATIVE COATINGS MARKET SIZE, BY SUB-APPLICATION, 2016-2020 (USD MILLION) 190
TABLE 135 APAC: RESIDENTIAL DECORATIVE COATINGS MARKET SIZE, BY SUB-APPLICATION, 2021-2026 (USD MILLION) 190
TABLE 136 APAC: RESIDENTIAL DECORATIVE COATINGS MARKET SIZE, BY SUB-APPLICATION, 2016-2020 (KILOTON) 191
TABLE 137 APAC: RESIDENTIAL DECORATIVE COATINGS MARKET SIZE, BY SUB-APPLICATION, 2021-2026 (KILOTON) 191
TABLE 138 APAC: DECORATIVE COATINGS MARKET SIZE, BY COATING TYPE, 2016-2020 (USD MILLION) 191
TABLE 139 APAC: DECORATIVE COATINGS MARKET SIZE, BY COATING TYPE, 2021-2026 (USD MILLION) 191
TABLE 140 APAC: DECORATIVE COATINGS MARKET SIZE, BY COATING TYPE, 2016-2020 (KILOTON) 193
TABLE 141 APAC: DECORATIVE COATINGS MARKET SIZE, BY COATING TYPE, 2021-2026 (KILOTON) 193
TABLE 142 APAC: DECORATIVE COATINGS MARKET SIZE, BY USER TYPE, 2016-2020 (USD MILLION) 193
TABLE 143 APAC: DECORATIVE COATINGS MARKET SIZE, BY USER TYPE, 2021-2026 (USD MILLION) 193
TABLE 144 APAC: DECORATIVE COATINGS MARKET SIZE, BY USER TYPE, 2016-2020 (KILOTON) 194
TABLE 145 APAC: DECORATIVE COATINGS MARKET SIZE, BY USER TYPE, 2021-2026 (KILOTON) 194
TABLE 146 APAC: DECORATIVE COATINGS MARKET SIZE, BY COLOR TYPE, 2016-2020 (USD MILLION) 194
TABLE 147 APAC: DECORATIVE COATINGS MARKET SIZE, BY COLOR TYPE, 2021-2026 (USD MILLION) 194
TABLE 148 APAC: DECORATIVE COATINGS MARKET SIZE, BY COLOR TYPE, 2016-2020 (KILOTON) 194
TABLE 149 APAC: DECORATIVE COATINGS MARKET SIZE, BY COLOR TYPE, 2021-2026 (KILOTON) 196
13.2.1 CHINA 196
13.2.1.1 Foreign investment to drive the market 196
13.2.2 INDIA 197
13.2.2.1 Boom in real estate industry to drive the market 197
13.2.3 JAPAN 198
13.2.3.1 Investments in commercial and reconstruction of buildings by the government to boost the demand 198
13.2.4 AUSTRALIA & NEW ZEALAND 198
13.2.4.1 Increased activities in residential construction and renovation sectors driving the market 198
13.2.5 INDONESIA 199
13.2.5.1 Government, foreign investments, and the private sector supporting continuous growth 199
13.2.6 THAILAND 199
13.2.6.1 Increasing customer awareness about aesthetics and functionalities of decorative coating products to propel the market 199
13.2.7 MALAYSIA 200
13.2.7.1 Strong construction activities to boost the market 200
13.2.8 VIETNAM 200
13.2.8.1 New construction projects to spur market growth 200
13.2.9 PHILIPPINES 200
13.2.9.1 Highest construction growth rates to favor market growth 200
13.2.10 REST OF APAC 201
13.3 NORTH AMERICA 202
FIGURE 43 NORTH AMERICA: DECORATIVE COATINGS MARKET SNAPSHOT 202
TABLE 150 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY COUNTRY, 2016-2020 (USD MILLION) 203
TABLE 151 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY COUNTRY, 2021-2026 (USD MILLION) 203
TABLE 152 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY COUNTRY, 2016-2020 (KILOTON) 203
TABLE 153 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY COUNTRY, 2021-2026 (KILOTON) 203
TABLE 154 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2016-2020 (USD MILLION) 205
TABLE 155 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2021-2026 (USD MILLION) 205
TABLE 156 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2016-2020 (KILOTON) 205
TABLE 157 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2021-2026 (KILOTON) 206
TABLE 158 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2016-2020 (USD MILLION) 206
TABLE 159 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2021-2026 (USD MILLION) 206
TABLE 160 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2016-2020 (KILOTON) 206
TABLE 161 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2021-2026 (KILOTON) 207
TABLE 162 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY APPLICATION, 2016-2020 (USD MILLION) 207
TABLE 163 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY APPLICATION, 2021-2026 (USD MILLION) 207
TABLE 164 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY APPLICATION, 2016-2020 (KILOTON) 207
TABLE 165 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY APPLICATION, 2021-2026 (KILOTON) 208
TABLE 166 NORTH AMERICA: RESIDENTIAL DECORATIVE COATINGS MARKET SIZE, BY SUB-APPLICATION, 2016-2020 (USD MILLION) 208
TABLE 167 NORTH AMERICA: RESIDENTIAL DECORATIVE COATINGS MARKET SIZE, BY SUB-APPLICATION, 2021-2026 (USD MILLION) 208
TABLE 168 NORTH AMERICA: RESIDENTIAL DECORATIVE COATINGS MARKET SIZE, BY SUB-APPLICATION, 2016-2020 (KILOTON) 208
TABLE 169 NORTH AMERICA: RESIDENTIAL DECORATIVE COATINGS MARKET SIZE, BY SUB-APPLICATION, 2021-2026 (KILOTON) 209
TABLE 170 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY COATING TYPE, 2016-2020 (USD MILLION) 209
TABLE 171 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY COATING TYPE, 2021-2026 (USD MILLION) 209
TABLE 172 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY COATING TYPE, 2016-2020 (KILOTON) 209
TABLE 173 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY COATING TYPE, 2021-2026 (KILOTON) 209
TABLE 174 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY USER TYPE, 2016-2020 (USD MILLION) 210
TABLE 175 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY USER TYPE, 2021-2026 (USD MILLION) 210
TABLE 176 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY USER TYPE, 2016-2020 (KILOTON) 210
TABLE 177 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY USER TYPE, 2021-2026 (KILOTON) 210
TABLE 178 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY COLOR TYPE, 2016-2020 (USD MILLION) 211
TABLE 179 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY COLOR TYPE, 2021-2026 (USD MILLION) 211
TABLE 180 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY COLOR TYPE, 2016-2020 (KILOTON) 211
TABLE 181 NORTH AMERICA: DECORATIVE COATINGS MARKET SIZE, BY COLOR TYPE, 2021-2026 (KILOTON) 211
13.3.1 US 212
13.3.1.1 Increasing private residential and non-residential constructions to boost the market 212
13.3.2 CANADA 212
13.3.2.1 Residential construction to be a major contributor to growth of the decorative coatings market 212
13.3.3 MEXICO 213
13.3.3.1 New construction in the residential segment to support market growth 213
13.4 EUROPE 213
FIGURE 44 EUROPE: DECORATIVE COATINGS MARKET SNAPSHOT 214
TABLE 182 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY COUNTRY, 2016-2020 (USD MILLION) 215
TABLE 183 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY COUNTRY, 2021-2026 (USD MILLION) 215
TABLE 184 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY COUNTRY, 2016-2020 (KILOTON) 216
TABLE 185 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY COUNTRY, 2021-2026 (KILOTON) 216
TABLE 186 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2016-2020 (USD MILLION) 217
TABLE 187 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2021-2026 (USD MILLION) 217
TABLE 188 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2016-2020 (KILOTON) 217
TABLE 189 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY RESIN TYPE, 2021-2026 (KILOTON) 218
TABLE 190 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2016-2020 (USD MILLION) 218
TABLE 191 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2021-2026 (USD MILLION) 218
TABLE 192 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2016-2020 (KILOTON) 219
TABLE 193 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY TECHNOLOGY, 2021-2026 (KILOTON) 219
TABLE 194 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY APPLICATION, 2016-2020 (USD MILLION) 219
TABLE 195 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY APPLICATION, 2021-2026 (USD MILLION) 219
TABLE 196 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY APPLICATION, 2016-2020 (KILOTON) 220
TABLE 197 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY APPLICATION, 2021-2026 (KILOTON) 220
TABLE 198 EUROPE: RESIDENTIAL DECORATIVE COATINGS MARKET SIZE, BY SUB-APPLICATION, 2016-2020 (USD MILLION) 220
TABLE 199 EUROPE: RESIDENTIAL DECORATIVE COATINGS MARKET SIZE, BY SUB-APPLICATION, 2021-2026 (USD MILLION) 220
TABLE 200 EUROPE: RESIDENTIAL DECORATIVE COATINGS MARKET SIZE, BY SUB-APPLICATION, 2016-2020 (KILOTON) 221
TABLE 201 EUROPE: RESIDENTIAL DECORATIVE COATINGS MARKET SIZE, BY SUB-APPLICATION, 2021-2026 (KILOTON) 221
TABLE 202 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY COATING TYPE, 2016-2020 (USD MILLION) 221
TABLE 203 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY COATING TYPE, 2
021-2026 (USD MILLION) 221
TABLE 204 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY COATING TYPE, 2016-2020 (KILOTON) 222
TABLE 205 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY COATING TYPE, 2021-2026 (KILOTON) 222
TABLE 206 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY USER TYPE, 2016-2020 (USD MILLION) 222
TABLE 207 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY USER TYPE, 2021-2026 (USD MILLION) 222
TABLE 208 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY USER TYPE, 2016-2020 (KILOTON) 223
TABLE 209 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY USER TYPE, 2021-2026 (KILOTON) 223
TABLE 210 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY COLOR TYPE, 2016-2020 (USD MILLION) 223
TABLE 211 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY COLOR TYPE, 2021-2026 (USD MILLION) 223
TABLE 212 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY COLOR TYPE, 2016-2020 (KILOTON) 224
TABLE 213 EUROPE: DECORATIVE COATINGS MARKET SIZE, BY COLOR TYPE, 2021-2026 (KILOTON) 224
13.4.1 GERMANY 224
13.4.1.1 Implementation of stringent environmental regulations increasing the production of decorative coatings 224
13.4.2 RUSSIA 225
13.4.2.1 Growing population leading to rise in applications of decorative coatings 225
13.4.3 UK 225
13.4.3.1 Growing construction sector to boost the demand for decorative coatings 225
13.4.4 FRANCE 226
13.4.4.1 Development of affordable houses and renewable energy infrastructure to drive the demand for decorative coatings 226
13.4.5 ITALY 227
13.4.5.1 New project finance rules and investment policies in the construction sector to support market growth 227
13.4.6 SPAIN 227
13.4.6.1 Government investments in infrastructure, housing units, and other infrastructures to boost the market 227
13.4.7 TURKEY 228
13.4.7.1 Rapid urbanization, rising middle-class population, increasing purchasing power to drive the demand for decorative coatings 228
13.4.8 REST OF EUROPE 228