Market Size of europe architectural coatings Industry
Icons | Lable | Value |
---|---|---|
Study Period | 2016 - 2028 | |
Market Size (2024) | USD 18.15 Billion | |
Market Size (2028) | USD 20.76 Billion | |
Largest Share by Sub End User | Residential | |
CAGR (2024 - 2028) | 3.42 % | |
Largest Share by Country | Germany | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Europe Architectural Coatings Market Analysis
The Europe Architectural Coatings Market size is estimated at USD 18.15 billion in 2024, and is expected to reach USD 20.76 billion by 2028, growing at a CAGR of 3.42% during the forecast period (2024-2028).
- Largest Segment by End-user - Residential : The share of residential coatings has been declining in Europe due to the relatively slow growth of residential constructions compared to commercial constructions.
- Fastest Segment by Technology - Solventborne : Waterborne coatings are the largest and fastest technology type due to consumer awareness and regulations, such as EU REACH, combined with various country-level regulations.
- Largest Segment by Resin - Acrylic : Acrylics are the most dominant resin type in Europe. They are expected to continue their dominance as acrylic latex emulsions are expected to replace solvent-borne coatings.