Asia Pacific Decorative Coatings Market Size & Outlook
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Asia Pacific decorative coatings market highlights
- The Asia Pacific decorative coatings market generated a revenue of USD 32,762.3 million in 2024.
- The market is expected to grow at a CAGR of 6.1% from 2025 to 2030.
- In terms of segment, emulsion was the largest revenue generating product in 2024.
- Emulsion is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 32,762.3 million |
| Market revenue in 2030 | USD 46,558.1 million |
| Growth rate | 6.1% (CAGR from 2025 to 2030) |
| Largest segment | Emulsion |
| Fastest growing segment | Emulsion |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Primer, Enamel, Emulsion |
| Key market players worldwide | Sherwin-Williams Co, PPG Industries Inc, Akzo Nobel NV, Basf SE, Jotun, Asian Paints, Kansai Paint Co Ltd, RPM International Inc, Masco Corp, Axalta Coating Systems Ltd, Nippon Paint Holdings Co Ltd |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 37.4% of the global decorative coatings market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 46,558.1 million by 2030.
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Decorative Coatings Market Scope
Decorative Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Jotun | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://www.jotun.com |
| Asian Paints | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | https://www.asianpaints.com |
| Nippon Paint Holdings Co Ltd | View profile | 42423 | 2-1-2 Oyodo Kita, Kita-ku, Osaka, Japan, 531-8511 | http://www.nipponpaint-holdings.com |
| Axalta Coating Systems Ltd | View profile | 12000 | 50 Applied Bank Boulevard, Suite 300, Glen Mills, PA, United States, 19342 | https://www.axalta.com |
| RPM International Inc | View profile | 17274 | 2628 Pearl Road, P.O. Box 777, Medina, OH, United States, 44256 | https://www.rpminc.com |
| Kansai Paint Co Ltd | View profile | 16236 | 6-14, Imabashi 2-chome, Chuo-ku, Osaka, Japan, 541-8523 | http://www.kansai.co.jp |
| Sherwin-Williams Co | View profile | 64088 | 101 West Prospect Avenue, Cleveland, OH, United States, 44115-1075 | https://www.sherwin-williams.com |
| Masco Corp | View profile | 18000 | 17450 College Parkway, Livonia, MI, United States, 48152 | https://www.masco.com |
| PPG Industries Inc | View profile | 53000 | One PPG Place, Pittsburgh, PA, United States, 15272 | https://www.ppg.com |
| Akzo Nobel NV | View profile | 35500 | Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW | https://www.akzonobel.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Asia Pacific decorative coatings market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to decorative coatings market will help companies and investors design strategic landscapes.
Emulsion was the largest segment with a revenue share of 44.05% in 2024. Horizon Databook has segmented the Asia Pacific decorative coatings market based on primer, enamel, emulsion covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of decorative coatings market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific decorative coatings market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific decorative coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific decorative coatings market size, by country, 2018-2030 (US$M)
Asia Pacific Decorative Coatings Market Outlook Share, 2024 & 2030 (US$M)
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