Market Size of india architectural coatings Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2028 |
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Market Size (2024) | USD 8.93 Billion |
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Market Size (2028) | USD 11.41 Billion |
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Largest Share by Sub End User | Residential |
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CAGR (2024 - 2028) | 6.32 % |
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Fastest Growing by Sub End User | Residential |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
India Architectural Coatings Market Analysis
The India Architectural Coatings Market size is estimated at USD 8.93 billion in 2024, and is expected to reach USD 11.41 billion by 2028, growing at a CAGR of 6.32% during the forecast period (2024-2028).
- Largest Segment by End-user - Residential : The residential sector dominated the architectural coating consumption due to the rising construction of new houses and the government initiatives for the building
- Largest Segment by Technology - Waterborne : The waterborne coating is estimated to be the largest and the fastest growing segment due to the rising awareness for the low VOC emission waterborne coatings.
- Largest Segment by Resin - Acrylic : The acrylic coating has dominated the resin market as the country is price sensitive marketplace and the acrylic coatings are cheaper and has low VOC emission.
