Global Decorative Coating Market: Market Research by Knowledge Sourcing Intelligence
The global decorative coating market is estimated to reach US$103.548 billion by 2023, increasing from US$76.900 billion in 2017 at a CAGR of 5.08% over the forecast period. Coatings and paints provide protection against corrosion and harsh environmental conditions to objects like wall, wood, and metals while providing an attractive smooth finishing look. Due to the rising disposable income worldwide, the interest towards decorative items has been rising, boosting the growth of the global decorative coating market. Owing to the wider application and growing demand for the interior designing there have been advancements in the technologies in order to meet these aesthetic needs which include customer-specific coatings as well. The Asia Pacific region is projected to hold a significant market share by the end of the forecast period owing to the rising awareness among people regarding the use and impact of decorative paints and co...