Market Size of thailand architectural coatings Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2028 |
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Market Size (2024) | USD 718.13 Million |
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Market Size (2028) | USD 755.41 Million |
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Largest Share by Sub End User | Residential |
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CAGR (2024 - 2028) | 1.27 % |
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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 |
Thailand Architectural Coatings Market Analysis
The Thailand Architectural Coatings Market size is estimated at USD 718.13 million in 2024, and is expected to reach USD 755.41 million by 2028, growing at a CAGR of 1.27% during the forecast period (2024-2028).
- Largest Segment by End-user - Residential : Compared to commercial floor area, Thailand 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 : The country of Thailand has a set framework of VOC requirements, the share of waterborne is largest as the VOC regulations play a vital role to limit the usage of Solventborne segment in the country.
- Largest Segment by Resin - Acrylic : Acrylic is a leading type of resin in Singapore. The percentage share of acrylic in both residential and commercial paints and coatings consumption is estimated to be around 50% mark by the end of 2028.
