Market Size of canada architectural coatings Industry
| Icons | Lable | Value |
|---|---|---|
|
Study Period | 2016 - 2028 |
|
Market Size (2024) | USD 1.50 Billion |
|
|
Market Size (2028) | USD 1.77 Billion |
|
Largest Share by Sub End User | Residential |
|
|
CAGR (2024 - 2028) | 4.22 % |
|
Fastest Growing by Sub End User | Residential |
Major Players |
||
|
||
|
*Disclaimer: Major Players sorted in no particular order |
Canada Architectural Coatings Market Analysis
The Canada Architectural Coatings Market size is estimated at USD 1.5 billion in 2024, and is expected to reach USD 1.77 billion by 2028, growing at a CAGR of 4.22% during the forecast period (2024-2028).
- Largest Segment by End-user - Residential : In Canada, a steady rise in the number of immigrants requiring residential buildings has increased the consumption of architectural paints in the residential sector.
- Largest Segment by Technology - Waterborne : The strict VOC regulations in the country and the rising preference for LEED-certified buildings have increased the demand for low-VOC, eco-friendly, waterborne coatings.
- Largest Segment by Resin - Acrylic : The lower price of acrylic coatings and their lower VOC emission levels, as compared to other resin-based coatings, have increased their consumption levels in Canada.
