Market Size of indonesia architectural coatings Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2028 |
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Base Year For Estimation | 2021 |
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CAGR | 4.02 % |
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Largest Share by Sub End User | Residential |
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Fastest Growing by Sub End User | Commercial |
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Market Concentration | High |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Indonesia Architectural Coatings Market Analysis
The Indonesia Architectural Coatings Market is projected to register a CAGR of 4.02%
- Largest Segment by End-user - Residential : The residential sector dominated the market due to the continuous efforts by the government to build houses to accompany the fast growing population in the country
- Largest Segment by Technology - Waterborne : The waterborne coatings has slightly dominated the segment due to the awareness for VOC emissions, however lack of government regulations still hinders the market.
- Largest Segment by Resin - Acrylic : The acrylic coating has dominated the architectural coating consumption as the country has its houses coated with acrylic coating on the outer surface of the houses.
