Key players operating in the texture paint market include AkzoNobel (Netherlands), PPG Industries (US), The Sherwin-Williams Company (US), Asian Paints (India), and Kansai Paint (Japan). These companies have adopted various organic and inorganic growth strategies to enhance their presence in the texture paint market. Diverse product portfolios, strategically positioned R&D centers, and technological advancements are factors strengthening the market position of these companies.
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Texture paint market is estimated to be USD 8.71 Billion in 2017 and is projected to reach USD 10.99 Billion by 2022, at a CAGR of 4.77% from 2017 to 2022. The increasing use of texture paints in residential and non-residential applications is projected to drive the growth of the texture paint market.
Texture paints are used to cover uneven surfaces and prevent walls from damage.
The aesthetic and functional value of texture paints and their increasing applicability in interior designing are additional factors contributing to the growth of the texture paint market.
1 Attractive Opportunities for Market Players
2 Texture Paint Market, By Product Type
3 Texture Paint Market, Developed vs Developing Nations
4 APAC Texture Paint Market, By Application and Country
5 Texture Paint Market, By Country
2 Market Ranking
3 Competitive Scenario
4 New Product Launch
Emerging economies like China, India, and Brazil are expected to offer lucrative growth opportunities to manufacturers of texture paints. New technologies & innovations are anticipated to drive demand for texture paints in construction industry.
Establishment of new businesses & expansion of several existing businesses are driving need for construction of new industrial & commercial buildings and renovation of existing structures.
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Texture paints market are used in residential and non-residential applications. The non-residential application includes construction of commercial, industrial, and institutional buildings.
The establishment of new businesses and expansion of several existing businesses are driving the need for construction of new industrial and commercial buildings as well as renovation of existing structures.
Key Target Audience:
- Texture Paint Manufacturers
- Raw Material Suppliers
- Traders, Distributors, and Suppliers of Texture Paint
- Regional Manufacturer Associations and General Texture Paint Associations
- Government & Regional Agencies and Research Organizations
- Investment Research Firms
The APAC texture paint market is expected to witness significant growth during the forecast period. The rising demand for texture paints from commercial and residential sectors, ongoing infrastructural projects, and increasing disposable income of the middle-class population are key factors projected to drive the growth of the texture paint market in APAC.
Expansion of construction industry in China, India, and Indonesia is another significant factor influencing demand for texture paints in APAC.
The texture paint market report covers segmentation by product type (interior and exterior), application (residential and non-residential), and region (North America, Europe, APAC, the Middle East & Africa, and South America).
The application segment is further analyzed for each country in the respective regions. The report also provides company profiles and competitive strategies adopted by key players in the texture paint market.
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