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The global decorative coatings market by revenue is expected to grow at a CAGR of over 5% during 2021-2026.
The introduction of anti-microbial coatings is expected to boost the global decorative paints market growth. These coatings use chemicals to prevent the growth of disease-causing micro-organisms. They provide lasting and effective protection against harmful bacteria, mold, and fungi.
A growing concern for cleanliness in several surroundings has led to the continued growth of the market. Due to the outbreak of the COVID-19 pandemic and the growth of healthcare-associated infections (HAIs), the importance of anti-microbial decorative coating has grown significantly. Hospitals, schools, and food production facilities are experiencing the high application of anti-microbial paints as these places are susceptible to bacterial and microbial growth.
Global Decorative Coatings Market Outlook 2021-2026 - Construction and Rapid Urbanization / New Technologies / Remodelling and Repaint in Construction / Introduction of DIY Paint prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Decorative Coatings Market Size to Reach Revenues of over USD 78 Billion by 2026 - Arizton
CHICAGO, April 23, 2021 /PRNewswire/ In-depth analysis and data-driven insights on the impact of COVID-19 included in this global decorative coatings market report.
The decorative coatings market is expected to grow at a CAGR of over 5% during the period 2020-2026.
Key Highlights Offered in the Report:
The global decorative coating and paints market is witnessing high growth on account of growing number end-use industries and technological advancements. The economic growth in developing countries, investments on infrastructure, and construction sector stringent environmental regulations, growing purchasing power, and rising demand for green and environmentally friendly coatings are leading the growth of the market.