What is Texture Paint Market?
A paint of heavy consistency and coarse grain consisting usually of gypsum and sand with water-thinned binder and used for creating a rough patterned effect on a wall. It gives an extraordinary look to the house. It is very popular type of paint to cover drywall. Texture paint has heavy consistency and consists of grains of sand or gypsum which is bound by a water-thinned binder. The heavy thickness and consistency of the paint make it useful for different applications and for different reasons like covering joints in drywall, painting drywall without priming.
The market study is being classified by Type (Smooth Texture , Sand Texture , Knock Down Texture and Popcorn Texture), by Application (Residential and Commercial) and major geographies with country level break-up.
PPG Industries, Inc. (United States), Berger Paints (India), AkzoNobel (Netherlands), Asian Paints Ltd (India), The Sherwin-Williams Company (United States), Andura Coatings (United Kingdom), Kansai Paint Co., Ltd. (Japan), Nippon Paint Group (Japan), The Valspar Corporation (United States) and Spectra Textured Wall Coating Pvt. Ltd. (India) are some of the key players profiled in the study.
Research Analyst at AMA predicts that Asia Pacific Vendors will contribute to the maximum growth of Global Texture Paint market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Texture Paint market by Type, Application and Region.
On the basis of geography, the market of Texture Paint has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Glossy and Shiny Finish of Textured Paint
- Provides Excellent Protection against Changes in Atmosphere
- Improved Standard Of Living of the People in Developing Countries
Market Trend
- High Demand for Texture Paint with Innovative and Improved Features
Restraints
- High Cost of the Texture Paints Compared To Conventional Paints
Opportunities
- Rise in Demand from End-User Industry Such As Construction Industry
- Expansion of the Building and Construction Industry
Challenges
- Lack of Skilled Labors for Painting
Key Target Audience
Texture Paint Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user