Market Size of japan architectural coatings Industry
Icons | Lable | Value |
---|---|---|
Study Period | 2016 - 2028 | |
Market Size (2024) | USD 2.15 Billion | |
Market Size (2028) | USD 2.32 Billion | |
Largest Share by Sub End User | Residential | |
CAGR (2024 - 2028) | 1.92 % | |
Fastest Growing by Sub End User | Residential | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Japan Architectural Coatings Market Analysis
The Japan Architectural Coatings Market size is estimated at USD 2.15 billion in 2024, and is expected to reach USD 2.32 billion by 2028, growing at a CAGR of 1.92% during the forecast period (2024-2028).
- Largest Segment by End-user - Residential : Compared to commercial floor area, Japan 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 : Japan has Voluntary VOC requirements, hence compared to the other regions consumption of Solventborne technology is higher, though Waterborne technology is largest segment by technology.
- Largest Segment by Resin - Acrylic : Acrylic is a leading type of resin in Japan. Further, Epoxy resins and Polyurethane resins in Japan has higher percentage of consumption in comparison to other regions.