Market Size of russia architectural coatings Industry
Icons | Lable | Value |
---|---|---|
Study Period | 2016 - 2028 | |
Market Size (2024) | USD 2.79 Billion | |
Market Size (2028) | USD 3.41 Billion | |
Largest Share by Sub End User | Residential | |
CAGR (2024 - 2028) | 5.14 % | |
Fastest Growing by Sub End User | Residential | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Russia Architectural Coatings Market Analysis
The Russia Architectural Coatings Market size is estimated at USD 2.79 billion in 2024, and is expected to reach USD 3.41 billion by 2028, growing at a CAGR of 5.14% during the forecast period (2024-2028).
- Largest Segment by Technology - Waterborne : Russia holds a relatively low share of waterborne coatings in Europe due to the absence of strict regulations. However, the segment observed high growth post-2014.
- 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.