Decorative Coating Additives Market - Forecast(2021 - 2026)
Decorative Coating Additives Market is forecast to reach $8.3 billion by 2026, after growing at a CAGR of 5.2% during 2021-2026. The increase in the use of paints & coating in the building & construction industry for new construction or for the repair & maintenance work, which in turn will lead to an increased demand for decorative coating additives. Further, rising public and private investment in the construction sector is fueling the demand of decorative coating additives. In addition, the growing market for environmentally friendly products is driving new prospects in the forecast era for the development of the decorative coating additives industry. Impact of Covid-19 COVID-19 has exposed challenges for the decorative coating additives market by impacting the construction sectors. Each country across the globe are affected due to pandemic and resulted in a slowdown in the construction activities owing to which declination in revenue is expected in the year 2020. Decora...