Texture Paints Market Segmentation: —
The global texture paints market is segmented into product type, additives, substrate type, application, and region.
By product type, the global texture paints market is segmented into premixed texture paints, self-mixing paints, smooth textured paint, and others. Among these, smooth texture paints has claimed the largest share of the global market on account of its extensive use in residential and non-residential projects. This product type segment is expected to continue its dominance during the review period as well.
By additives, the global texture market is segmented into sand, quartz, household items, and other texture additives. The sand is leading segment and is expected to continue its dominance over the forecast period. Growing consumption in the premixed and self-mixed type of texture paints for exterior walls application along with remarkable increase in the construction spending across the emerging nations of Asia Pacific and the Middle East is bound to bolster the market growth over the review period.
By substrate type, the global texture paints market is segmented into the interior (walls, ceilings, floorings) and exterior walls. The interior substrate type segment has noted the largest consumption of texture paints in a bid to improve the aesthetic appeal of interior walls, floors, and ceilings. Flourishing home interior designing industry is projected to positively influence the growth of this particular segment during the forecast period.
Kansai Paint Co., Ltd (Japan),
Jotun A/S (Norway),
Axalta Coating Systems Ltd. (U.S.),
The Valspar Corporation. (U.S.),
S K Kaken Co. Ltd. (Japan),
Kelly-Moore Paints (U.S.),
Haymes. (Australia), Asian Paints (India),
Nippon Paint Holdings Co., Ltd. (Japan),
Berger Paints India Limited (India),
PPG Industries, Inc. (U.S.),
The Sherwin-Williams Company (U.S.),
Hempel A/S (Denmark),
Anvil Paints & Coatings, Inc. (U.S.),
Crown Paints (UK),
Specialized Coating Systems (Pty) Ltd (South Africa)
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Application
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
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The global texture paints market is segmented into five key regions, which are Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.
Globally, Asia Pacific leads the global texture paint market and is expected to grow at the fastest CAGR over the forecast period. Improving economy of Asia Pacific countries provides lucrative opportunities to the texture paints market in both residential and non-residential applications. Moreover, rapid industrialization and constant strategic actions undertaken by market players play a stellar role in the stupendous market performance in the region.
On the other hand, North America and Europe market are relatively mature and is expected to observe a steady demand for texture paints during the appraisal period. In addition, significant growth in renovation activities is largely contributing to the market growth in the region.
Lastly, the Middle East & Africa and Latin America are presumed to exhibit surging demand of texture paints during the forecast period owing to growing construction industry.
Name: Abhishek Sawant
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Organization: Market Research Future
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