Market Size of nordic countries architectural coatings Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2028 |
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Market Size (2024) | USD 1.18 Billion |
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Market Size (2028) | USD 1.33 Billion |
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Largest Share by Sub End User | Residential |
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CAGR (2024 - 2028) | 3.04 % |
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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 |
Nordic Countries Architectural Coatings Market Analysis
The Nordic Countries Architectural Coatings Market size is estimated at USD 1.18 billion in 2024, and is expected to reach USD 1.33 billion by 2028, growing at a CAGR of 3.04% during the forecast period (2024-2028).
- Largest Segment by End-user - Residential : The steady growth of floor area in urban regions and the consistent addition of new housing stock boost the consumption of architectural coatings in the residential sector.
- Largest Segment by Technology - Waterborne : The waterborne coatings segment holds the major market share due to the long-prevailing VOC emission regulations in the region and labeling VOC limits on products.
- Largest Segment by Resin - Acrylic : Acrylic is a leading type of resin as it easily qualifies for the requirements listed under the Nordic ecolabel standards and EU Reach with its low VOC emissions limits.
