Global Texture Paints Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Texture Paints Market 2021 (Includes Business Impact of COVID-19)
Global Texture Paints Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights, which offers in-depth insights, revenue details, and other vital information regarding the global texture paints market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global texture paints market report has been segmented on the basis of product type, substrate type, application, and region.
Request Covid - 19 Impact

The global Texture Paints market size was valued at USD$9.83Billion in 2020 and is projected to reach $15.72 billion by 2030, and is anticipated to expand at a CAGR of 4.80% over the forecast period from 2020 to 2030.


Introduction:


Texture paints are thin coatings applied to substrate surfaces in the form of liquid. It comes in several different varieties which are smooth, sand, or popcorn texture. It protects the surface from wetness, sunlight, weathering, and dust. These paints contain special additives which provide good protection against alkali and ultra violet rays. The large number of buildings and constructions activities across the globe, need renovation and repairs which necessitated demand for texture paints. These paints are extremely resistant to fungus and algae, peeling, cracking, fading and also cover minor defects, uneven surface damage, and imperfection in walls which add a fresh look to the walls.


Market Dynamics:


High disposable income and increasing need for accommodation development are major factors expected to drive growth of the global texture paints market. In addition, rapid urbanization and growing demand for housing are among other factors expected to support growth of global market. Moreover, increasing construction and reconstruction activities of residential and non-residential buildings is resulting in increasing demand for paint & coating products, which in turn expected to boost growth of the global market during the forecast period. In addition, favorable government policies for economic growth by developing countries is resulting in rising architectural construction and industrial activities. This is another factor expected to fuel growth of the global texture paints market over the forecast period.

However, high price as compared to conventional paints is a key factor expected to hamper growth of the global texture paints market. In addition, texture paints require more time and skilled labor for efficient application, which may also restrict the product demand to some extent.


Analysis by Segment:


on the basis of product type segment, the smooth texture paints segment is expected to hold significant share in the market over the forecast period, owing to its wide use in residential and non-residential projects. Interior segment is projected to be the most lucrative segment during the forecast. The residential sector segment is likely to lead the global market, owing  to improving standard of living and wide variety of texture, color, and paint selection.


Regional Analysis:


The market in Asia Pacific accounted for largest revenue share in the global texture paints market followed by markets in North America, Europe, and Middle East & Africa respectively. Emerging countries such as India, China, Thailand, Singapore, and Indonesia are expected to grow at substantial rate, owing to increasing number of architectural construction activities. Moreover, growing economy of Asia Pacific countries is providing lucrative opportunities to the texture paints market for both residential and non-residential applications. Middle East & Africa are apparent to exhibit rising demand of texture paints during the forecast period, owing to growing construction industry.


Below are the active patents related to Texture Paints Market.


Patent Number: CN102533039B

Paint with elastic texture

Abstract

The invention relates to paint with elastic texture, which comprises an A component and a B component, wherein the A component comprises water, hydroxypropyl methylcellulose, quartz sand, and some other additives; the B component comprises 1250-mesh barium sulfate, rutile titanium dioxide, calcined kaolinite, elastic emulsion, styrene-acrylic emulsion, and some other additives, and the B component is obtained by mixing the above components with a proper amount of color paste; the paint with elastic texture is obtained by uniformly stirring the A component and the B component according to weight percents. The paint with elastic texture of the invention is waterborne thick-paste paint with specially-produced pure styrene-acrylic emulsion as a base material and natural granite stone powder as main fillers, and has better wear resistance and cracking resistance than common flat paint or elastic paint; cracks of walls can be bridged effectively because of the flexibility property; and the excellent ultraviolet radiation resistance is especially suitable for areas with strong sunlight.

Application File Date:2011-12-19

Application Granted Date: 2013-07-03

Current Assignee: HENAN DEJIALI TECHNOLOGY DEVELOPMENT Co Ltd

Patent Number: US20160019208A1

Process for matching paint

Abstract

The invention relates to a computer implemented process for matching a paint to the visual appearance properties of a painted substrate surface comprising the steps of a) selecting a potentially matching first candidate paint based on a first paint recipe comprising one or more colour and/or effect imparting toners, b) applying the first candidate paint to a test panel to obtain a first painted test panel c) visually comparing the appearance properties of the painted substrate surface and the first painted test panel under more than one viewing angle, wherein the visual comparison comprises c1) selecting a visual appearance category wherein the appearance of the painted test panel most prominently deviates from the painted substrate, wherein the categories are selected from a number of pre-defined visual appearance categories displayed on an output device of a computer, c2) inputting the selected visual appearance category in an input device of the computer, c3) visually determining the visual appearance difference of the painted test panel and the painted substrate in the selected appearance category, d) entering the determined visual appearance difference in an input device of the computer, e) optionally, entering only the types of toners of the candidate paint in an input device of the computer, f) providing a paint recipe modification advice consisting an advice of increasing or reducing one or more of the toners in the recipe, or adding an additional toner to the recipe or, on an output device of the computer, wherein the computer software provides the modification advice on the basis of i) the entered visual appearance difference and ii) a database in which only visually determined appearance properties of available toners under two or more viewing angles are stored, with the aim to minimize the appearance difference, g) preparing a second candidate paint based on the recipe modification advice, h) applying the second candidate paint to a test panel to obtain a second painted test panel, and i) repeating steps c) to h) until the visual comparison in step c) indicates that the candidate paint sufficiently matches the appearance properties of the painted substrate surface

Application File Date: 2014-03-04

Application Granted Date: 2018-12-11

Current Assignee: Akzo Nobel Coatings International BV

Patent Number: CN103497609A

Granite look-alike texture paint and preparation method of simulative granite

Abstract

The invention discloses granite look-alike texture paint and a preparation method of simulative granite. The granite look-alike texture paint comprises 40wt% of texture species and 60wt% of a liquid colorful base material. The preparation method comprises the following steps of primer coating, texture specie and liquid colorful base material preparation, texture paint compounding, and texture paint spray-coating. The texture species are solids and have good stability; the compound granite look-alike texture paint has good water resistance and does not change in water in 96h; in preparation of the simulative granite, a drying rate after spray-coating is fast so that the weather effect is reduced in construction; and the granite look-alike texture paint has the advantages of no sagging, no flooding, good elasticity and cracking resistance.

Application File Date: 2013-08-27

Application Granted Date: 2016-01-27

Current Assignee: Color Building Materials Of Upper Marial Rocks Science And Technology Ltd

Global Texture Paints Market Segmentation:

By Product Type:

  
Premixed
  
Self-mixing paints
  
Smooth textured paint

By Substrate Type:

  
Interior
  
Exterior

By Application:

  
Residential
  
Non-residential


Key Market Players included in the report:


  
Akzonobel
  
Andura Coatings
  
Asian Paints
  
Axalta Coating Systems Ltd.
  
Berger Paints India Limited
  
Crown Paints Limited
  
Diamond Paints
  
Hempel A/S
  
Jotun A/S
  
Kansai Neroloac Paints Ltd.
  
Nippon Paint Holdings Co.Ltd.
  
PPG IndustriesInc.
  
Spectra Texture Wall Coating Pvt. Ltd.
  
The Sherwin-Williams Company
  
The Valspar Corporation.
  
Valspar.