Market Size of china architectural coatings Industry
Icons | Lable | Value |
---|---|---|
Study Period | 2016 - 2028 | |
Market Size (2024) | USD 27.12 Billion | |
Market Size (2028) | USD 32.68 Billion | |
Largest Share by Sub End User | Residential | |
CAGR (2024 - 2028) | 4.77 % | |
Fastest Growing by Sub End User | Residential | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
China Architectural Coatings Market Analysis
The China Architectural Coatings Market size is estimated at USD 27.12 billion in 2024, and is expected to reach USD 32.68 billion by 2028, growing at a CAGR of 4.77% during the forecast period (2024-2028).
- Largest Segment by End-user - Residential : The residential sector dominated the architectural coating consumption due to the continuous investment in the housing segment to accompany the world largest population.
- Largest Segment by Technology - Waterborne : The waterborne coatings segment holds the major market share due to the new strict VOC regulations put by the chinese government on the architectural coatings in 2020.
- Largest Segment by Resin - Acrylic : Due to the growth of waterborne coatings, acrylic coating is the largest and fastest-growing segment as it is the country's largest waterborne coatings resin, followed by PVA.