Decorative coatings market worth US$82.4bn by 2024

摘要

According to a new market research report,”Decorative Coatings Market by Resin Type(Acrylic,Alkyd),Technology(Waterborne,Solventborne,Powder),User Type(DIY,Professional),Coating Type(Interior,Exterior),Application(Residential,Non-Residential),and Region-Global Forecast to 2024,”published by MarketsandMarkets,the decorative coatings market is projected to grow from US$67.0bn in 2019 to US$82.4bn by 2024,at a CAGR of 4.2%.The increasing demand from the construction industry,rising per capita consumption in APAC and environmentally friendly characteristics act as major drivers of the market.Growing investment in emerging regions is a key factor,providing growth opportunities to the market.However,stringent and time-consuming regulatory policies are restraining the market growth.