Market Size of australia architectural coatings Industry
Icons | Lable | Value |
---|---|---|
Study Period | 2016 - 2028 | |
Market Size (2024) | USD 1.13 Billion | |
Market Size (2028) | USD 1.25 Billion | |
Largest Share by Sub End User | Residential | |
CAGR (2024 - 2028) | 2.56 % | |
Fastest Growing by Sub End User | Residential | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Australia Architectural Coatings Market Analysis
The Australia Architectural Coatings Market size is estimated at USD 1.13 billion in 2024, and is expected to reach USD 1.25 billion by 2028, growing at a CAGR of 2.56% during the forecast period (2024-2028).
- Largest Segment by End-user - Residential : Compared to commercial floor area, Australia and New Zealand has been observing higher volume of residential building floor area resulting in high architectural paint consumption from the residential sector.
- Largest Segment by Technology - Waterborne : Australia and New Zealand region has Voluntary VOC requirements, the share of waterborne is still largest as the consumers prefer green products in the region.
- Largest Segment by Resin - Acrylic : Acrylic is a leading type of resin in Australia and New Zealand. Further, the percentage share of Epoxy and Polyurethane combined is lesser than that of Alkyd share in the country.