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Faux Finish Coatings Market

Faux Finish Coatings Market By Type (Metallics, Plasters, Wall Glazing, Marbleizing) – Growth, Future Prospects And Competitive Analysis, 2016 – 2024
Report Book

Published Date: March 2017
Category: Chemicals
Report ID: 58382
Report Format: PDF
No of Pages: 190

Rating: Credence Reports

Market Insights

Faux finishing or faux painting are decorative paint finishes that imitate the appearance of materials such as stone, marble, and wood. Faux-finish coatings play an important role in the architecture industry, where they are used to embellish the interiors of buildings and furniture. Faux finishes can be applied to various parts and surfaces, such as doors, handrails, columns, panels, and more.

Faux coatings are one of the latest trends and the fastest-growing markets in the decorative paint industry. As the market is gaining popularity, more techniques are available for this art. Companies are concentrating their efforts on increasing market penetration by offering a diverse range of products in the faux finishing coating segment.

Globally, the faux coatings sector is gaining momentum, accounting for more than 10% of the decorative coatings market. It has shown impressive growth, rising from 5.2 billion in 2013 to 10 billion in 2024 at a CAGR of 6.5% from 2016 to 2024. Faux coatings growth has been driven by new construction, particularly in emerging markets where commercial developments and housing ownership are showing strong growth.

Faux coatings are also performing well in various developed markets where the housing market, particularly new builds, is strong, notably in the U.S., U.K., and Spain. Furthermore, in the decorative coatings industry, consumers are interested in innovative products but are unwilling to sacrifice efficacy. Consumer loyalty towards the use of faux coatings is higher when compared to traditional coatings. New and innovative formulations and greater efficacy are helping manufacturers gain customer loyalty.

Faux coatings are available in various types, such as metallic, plaster, wall glazing, marbleizing, and others (wood grain, Tuscan finish, etc.). Among these types, plasters and metallics accounted for a major share of the global faux finish coating market owing to their low price and availability of new and innovative finishes.

For the purpose of this study, the global faux finish coating market is categorized into four regional markets:

North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific was identified as the largest market for faux finish coating in 2015. The major factors driving growth in Asia Pacific include rapid industrialization, a rise in disposable income, and the rapid development of domestic and trade infrastructure in countries such as India and China.

The report titled “Global Faux Finish Coating Market: Growth, Future Prospects, and Competitive Analysis, 2016–2024” offers strategic insights into the global faux finish coating market along with the market size and estimates for the duration of 2013–2024. The said research study covers an in-depth analysis of multiple market segments based on the type and a cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2015 and 2024. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities.

The report also includes profiles of the leading faux finish coatings manufacturers, as well as their product portfolios and key developments, to assist strategic decision-makers. The major players profiled in the report are Adicolor, Inc., Anvil Paints & Coatings, Inc., Crescent Bronze, Inc., DecoArt, Inc., The Valspar Corporation, and Roman Decorating Products, LLC, among others.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the faux finish coating industry
  • Market fuelers, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2013–2014)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global faux finish coatings market, offering market size and estimates for the period from 2016 to 2024, keeping in mind the above-mentioned factors.

For the purpose of this study, the global faux finish coatings market by type is categorized into:

  • Metallics
  • Plasters
  • Wall Glazing
  • Marbleizing
  • Others

Based on product types, the faux finish coating market is segmented into metallics, plasters, wall glazing, marbleizing, and others (wood grain, Tuscan finish, etc.). Among these, plasters accounted for a major share of the global faux finish coating market. It accounted for 30.84% of the market share in 2015. Plaster is used as a building material for the decorative and/or protective coating of ceilings and walls and for molding and casting decorative elements.

Plaster is suitable for finishing, and when applied thickly for decoration, it may require a hidden supporting framework, mainly in metal. Metallics accounted for the second-largest share of the global market. It accounted for more than 20% of the global coating market in 2015 and is expected to increase its market share in the near future.

Pre-mixed water-based metallic colors such as rich gold, pale gold, silver, pewter, antique copper, vivid burnt orange, green apple, and sashay red are some of the most popular metallic faux finish coatings in North America and Europe.

On the basis of geography, the global faux coatings market is segmented into the following regions:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

The global faux finish coatings market is categorized into regional markets, viz., North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Asia Pacific was identified as the largest market for faux finish coatings in 2015. In terms of revenue, the global market for Asia Pacific was $1,890.0 million in 2015 and is expected to exceed $3,000 million by 2024, growing at a CAGR of 6.8% from 2016 to 2024. In 2015, Europe and North America together accounted for more than 60% of the market.

Japan, South Korea, China, Indonesia, India, and Australia are the most attractive markets for faux coatings with high growth potential. Much of the growth in Asia can be directly attributed to the massive Chinese market, which accounted for more than 25% of total regional demand by value in 2013.

India and Indonesia are also projected to grow at a significant rate over the next six years. In addition, growing demand for high-performance products, increasing private and government investments in infrastructure projects, and rising consumer spending are fueling the demand for the faux finish coating market, especially in the Asia Pacific.

Chapter 1 Preface
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Overview
2.2 Market Snapshot: Faux Finish Coating
2.3 Global Faux Finish Coating Market, by Type, 2015 (US$ Mn)
2.4 Global Faux Finish Coating Market Share, by Geography, 2015 (Value %)

Chapter 3 Market Dynamics and Outlook
3.1 Introduction
3.2 Market Drivers
3.2.1 Faux Coatings is Witnessing Growth Owing to Business Construction and Housing Developments
3.2.2 New Product Launches
3.3 Challenges
3.3.1 Costing Issues
3.4 Opportunities
3.4.1 Asia Pacific will Drive Demand

Chapter 4 Global Faux Finish Coating Market, by Type
4.1 Overview
4.1.1 Global Faux Finish Coating Market, by Type, 2013-2024 (US$ Mn)
4.1.2 Attractive Investment Proposition, by Type
4.2 Metallics
4.3 Plasters
4.4 Wall Glazing
4.5 Marbleizing
4.6 Others

Chapter 5 Global Faux Finish Coating Market, By Geography
5.1 Overview
5.1.1 Attractive Investment Proposition, by Geography
5.2 Global Faux Finish Coating Market, by Geography, 2013-2024 (US$ Mn)
5.3 North America
5.3.1 North America Faux Finish Coating Market, By Type, 2013–2024
5.3.2 North America Faux Finish Coating Market, By Country, 2013–2024
5.4 Europe
5.4.1 Europe Faux Finish Coating Market, By Type, 2013–2024
5.4.2 Europe Faux Finish Coating Market, By Country, 2013–2024
5.5 Asia Pacific
5.5.1 Asia Pacific Faux Finish Coating Market, By Type, 2013–2024
5.5.2 Asia Pacific Faux Finish Coating Market, By Country, 2013–2024
5.6 Latin America
5.6.1 Latin America Faux Finish Coating Market, By Type, 2013–2024
5.6.2 Latin America Faux Finish Coating Market, By Country, 2013–2024
5.7 Middle East and Africa (MEA)
5.7.1 MEA Faux Finish Coating Market, By Type, 2013–2024
5.7.2 MEA Faux Finish Coating Market, By Country, 2013–2024

Chapter 6 Company Profiles
6.1 Adicolor, Inc.
6.2 Anvil Paints & Coatings, Inc.
6.3 Benjamin Moore & Co. Inc. (Berkshire Hathaway, Inc.)
6.4 Crescent Bronze, Inc.
6.5 DecoArt, Inc.
6.6 Modern Masters, Inc.
6.7 Faux Effects International, Inc.
6.8 Pratt & Lambert Paints
6.9 The Valspar Corporation
6.10 DuROCK Alfacing International Limited
6.11 Multicolor Specialties, Inc.
6.12 Roman Decorating Products, LLC

List of Figures

FIG. 1 Global Faux Finish Coating Market: Research Methodology
FIG. 2 Global Faux Finish Coating Market, by Type, 2015 (US$ Mn)
FIG. 3 Global Faux Finish Coating Market Share, by Geography, 2015 (Value %)
FIG. 4 Attractive Investment Proposition
FIG. 5 Global Metallics Faux Finish Coating Market, 2013–2024 (US$ Mn)
FIG. 6 Global Plasters Faux Finish Coating Market, 2013–2024 (US$ Mn)
FIG. 7 Global Wall Glazing Faux Finish Coating Market, 2013–2024 (US$ Mn)
FIG. 8 Global Marbleizing Faux Finish Coating Market, 2013–2024 (US$ Mn)
FIG. 9 Global Other Faux Finish Coating Market, 2013–2024 (US$ Mn)
FIG. 10 Attractive Investment Proposition

List of Tables

TABLE 1 Market Snapshot: Faux Finish Coating
TABLE 2 Global Faux Finish Coating Market, by Type, 2013-2024 (US$ Mn)
TABLE 3 Global Faux Finish Coating Market, by Geography, 2013-2024 (US$ Mn)
TABLE 4 North America Faux Finish Coating Market Analysis, by Type, 2013-2024 (US$ Mn)
TABLE 5 North America Faux Finish Coating Market Analysis, by Country, 2013-2024 (US$ Mn)
TABLE 6 Europe Faux Finish Coating Market Analysis, by Type, 2013-2024 (US$ Mn)
TABLE 7 Europe Faux Finish Coating Market Analysis, by Type, 2013-2024 (US$ Mn)
TABLE 8 Asia Pacific Faux Finish Coating Market Analysis, by Type, 2013-2024 (US$ Mn)
TABLE 9 Asia Pacific Faux Finish Coating Market Analysis, by Country, 2013-2024 (US$ Mn)
TABLE 10 Latin America Faux Finish Coating Market Analysis, by Type, 2013-2024 (US$ Mn)
TABLE 11 Latin America Faux Finish Coating Market Analysis, by Country, 2013-2024 (US$ Mn)
TABLE 12 MEA Faux Finish Coating Market Analysis, by Type, 2013-2024 (US$ Mn)
TABLE 13 MEA Faux Finish Coating Market Analysis, by Country, 2013-2024 (US$ Mn)
TABLE 14 Adicolor, Inc.: Company Snapshot (Business Description; Product Portfolio; Business Strategies)
TABLE 15 Anvil Paints & Coatings, Inc.: Company Snapshot (Business Description; Product Portfolio; Business Strategies)
TABLE 16 Benjamin Moore & Co. Inc. (Berkshire Hathaway, Inc.): Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 17 Crescent Bronze, Inc.: Company Snapshot (Business Description; Product Portfolio; Business Strategies)
TABLE 18 DecoArt, Inc.: Company Snapshot (Business Description; Product Portfolio; Business Strategies)
TABLE 19 Modern Masters, Inc.: Company Snapshot (Business Description; Product Portfolio; Business Strategies)
TABLE 20 Faux Effects International, Inc.: Company Snapshot (Business Description; Product Portfolio; Business Strategies)
TABLE 21 Pratt & Lambert Paints: Company Snapshot (Business Description; Product Portfolio; Business Strategies)
TABLE 22 The Valspar Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Business Strategies)
TABLE 23 DuROCK Alfacing International Limited: Company Snapshot (Business Description; Product Portfolio; Business Strategies)
TABLE 24 Multicolor Specialties, Inc.: Company Snapshot (Business Description; Product Portfolio; Business Strategies)
TABLE 25 Roman Decorating Products, LLC: Company Snapshot (Business Description; Product Portfolio; Business Strategies)

Frequently Asked Question:

What is the size of Faux Finish Coatings Market?

The market for Faux Finish Coatings Market is expected to reach USD$ 10,345.6 Mn in 2024.

What is the Faux Finish Coatings Market CAGR?

The Faux Finish Coatings Market is expected to see significant CAGR growth over the coming years, at 6.5%.

What is the Forecast period considered for Faux Finish Coatings Market?

The report is forecasted from 2016 -2024.

What is the base year considered for Faux Finish Coatings Market?

The base year of this report is 2015.

Who are the major players in this market?

Anvil Paints & Coatings, Inc., Crescent Bronze, Inc., DecoArt, Inc., The Valspar Corporation, and Roman Decorating Products, LLC.are of the major players in the global market.

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