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The global growth of architectural
and decorative paints in the industry is dependent on numerous factors
like GDP growth rate of the industry, consumers taste & preferences, market
competition etc.
Further more, asia represents by
far the largest architectural and decorative paints market, representing around
$8 billion of business around the world. NAFTA contributes 26% of the total market
of architectural and decorative paint industry making it second largest region in
the world. Europe represents 22% of global sales of architectural and decorative
paints market which is around $6 billion
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