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China Architectural Coatings Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028

The China Architectural Coatings Market is segmented by Sub End User ( Commercial, Residential ) , by Technology ( Solventborne, Waterborne ) and by Resin ( Acrylic, Alkyd, Epoxy, Polyester, Polyurethane )

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China Architectural Coatings Market Size

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China Architectural Coatings Market
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svg icon Study Period 2016 - 2028
svg icon Market Size (2024) USD 27.12 Billion
svg icon Market Size (2028) USD 32.68 Billion
svg icon Largest Share by Sub End User Residential
svg icon CAGR (2024 - 2028) 4.77 %
svg icon Fastest Growing by Sub End User Residential
svg icon Market Concentration High

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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China Architectural Coatings Market Analysis

The China Architectural Coatings Market size is estimated at USD 27.12 billion in 2024, and is expected to reach USD 32.68 billion by 2028, growing at a CAGR of 4.77% during the forecast period (2024-2028).

  • Largest Segment by End-user - Residential : The residential sector dominated the architectural coating consumption due to the continuous investment in the housing segment to accompany the world largest population.
  • Largest Segment by Technology - Waterborne : The waterborne coatings segment holds the major market share due to the new strict VOC regulations put by the chinese government on the architectural coatings in 2020.
  • 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.

China Architectural Coatings Market Trends

This section covers the major market trends shaping the China Architectural Coatings Market according to our research experts:

Residential is the largest segment by Sub End User.

  • The architectural coating consumption in China peaked in 2017 with an increment of 7.80% from the previous year鈥檚 total architectural coating consumption, due to the long-time recovery since 2015, and increase in investment in the residential building by 9.4% y-o-y in 2017. Furthermore, rise in sales of total floor space was also observed in 2017, for instance, floor space of commercial buildings sold was up by 7.7% y-o-y in 2017, while the floor space of residential buildings sold went up by 5.3%.
  • The normal new housing starts growth was observed in 2018 and 2019, however from 2018 the downturn was observed due to the over rise in housing prices and declining country鈥檚 GDP.The slow growth in the architectural coating consumption in 2020 due to lower new constructions in both residential cand commercial sector owing to the spread of covid-19 in the country was recovered in 2021 due to stronger completion and the rise in Do-it-yourself segment which got popularity in 2020.
  • The increase in consumption and sales is expected to grow in forecasted period due to the government initiatives such as revoking filing and mandatory testing requirements of imported paint and coatings in the country from march, 2022 grows the confidence of coating companies in the positive future of architectural coating in the country.
China Architectural Coatings Market

China Architectural Coatings Industry Overview

The China Architectural Coatings Market is fragmented, with the top five companies occupying 20.63%. The major players in this market are 3TREESGROUP, AkzoNobel N.V., CARPOLY, Nippon Paint Holdings Co., Ltd. and PPG Industries, Inc. (sorted alphabetically).

China Architectural Coatings Market Leaders

  1. 3TREESGROUP

  2. AkzoNobel N.V.

  3. CARPOLY

  4. Nippon Paint Holdings Co., Ltd.

  5. PPG Industries, Inc.

*Disclaimer: Major Players sorted in no particular order

China Architectural Coatings Market
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China Architectural Coatings Market News

  • April 2022: Nippon Paint Holdings Co., Ltd. has formed a strategic partnership with the Sichuan Academy of Construction Sciences, cooperating in multiple fields to promote the high-quality development of the coating industry.
  • January 2022: Nippon Paint Holdings Co., Ltd. proposes new solutions for focusing on dual carbon goals and reducing building energy consumption.
  • October 2021: PPG completed the acquisition of Tikkurila a Nordic paint company in June 2021. This acquisition will help PPG grow its Architectural coatings business in EMEA and China in the Nordic region.

China Architectural Coatings Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study

    3. 1.3. Research Methodology

  2. 2. KEY INDUSTRY TRENDS

    1. 2.1. Floor Area Trends

    2. 2.2. Regulatory Framework

    3. 2.3. Value Chain & Distribution Channel Analysis

  3. 3. MARKET SEGMENTATION

    1. 3.1. Sub End User

      1. 3.1.1. Commercial

      2. 3.1.2. Residential

    2. 3.2. Technology

      1. 3.2.1. Solventborne

      2. 3.2.2. Waterborne

    3. 3.3. Resin

      1. 3.3.1. Acrylic

      2. 3.3.2. Alkyd

      3. 3.3.3. Epoxy

      4. 3.3.4. Polyester

      5. 3.3.5. Polyurethane

      6. 3.3.6. Other Resin Types

  4. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles

      1. 4.4.1. 3TREESGROUP

      2. 4.4.2. AkzoNobel N.V.

      3. 4.4.3. Axalta Coating Systems

      4. 4.4.4. CARPOLY

      5. 4.4.5. DAI NIPPON TORYO CO.,LTD.

      6. 4.4.6. Fl眉gger group A/S

      7. 4.4.7. Foshan Caboli Painting Material Co.,Ltd.

      8. 4.4.8. Guangdong Maydos building materials limited company

      9. 4.4.9. Hempel A/S

      10. 4.4.10. Jotun

      11. 4.4.11. Kansai Paint Co.,Ltd.

      12. 4.4.12. Nippon Paint Holdings Co., Ltd.

      13. 4.4.13. PPG Industries, Inc.

      14. 4.4.14. SKK(S) Pte. Ltd

      15. 4.4.15. The China Paint Mfg. Co. (1932) Ltd.

  5. 5. KEY STRATEGIC QUESTIONS FOR ARCHITECTURAL COATINGS CEOS

  6. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter's Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. CHINA MARKET, UNDEFINED YOY GROWTH RATE, 2016 - 2028
  1. Figure 2:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, VOLUME, KILOGRAMS, 2016 - 2028
  1. Figure 3:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, VALUE, USD, 2016 - 2028
  1. Figure 4:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY SUB END USER, VOLUME, KILOGRAMS, 2016 - 2028
  1. Figure 5:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY SUB END USER, VALUE, USD, 2016 - 2028
  1. Figure 6:  
  2. CHINA ARCHITECTURAL COATINGS MARKET MARKET, SHARE(%), BY SUB END USER, 2016 - 2028
  1. Figure 7:  
  2. CHINA ARCHITECTURAL COATINGS MARKET MARKET, SHARE(%), BY SUB END USER, 2016 - 2028
  1. Figure 8:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY SUB END USER, VOLUME, KILOGRAMS, 2016 - 2028
  1. Figure 9:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY SUB END USER, VALUE, USD, 2016 - 2028
  1. Figure 10:  
  2. CHINA ARCHITECTURAL COATINGS MARKET MARKET, SHARE(%), BY TECHNOLOGY, 2021 - 2028
  1. Figure 11:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY SUB END USER, VOLUME, KILOGRAMS, 2016 - 2028
  1. Figure 12:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY SUB END USER, VALUE, USD, 2016 - 2028
  1. Figure 13:  
  2. CHINA ARCHITECTURAL COATINGS MARKET MARKET, SHARE(%), BY TECHNOLOGY, 2021 - 2028
  1. Figure 14:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY TECHNOLOGY, VOLUME, KILOGRAMS, 2016 - 2028
  1. Figure 15:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY TECHNOLOGY, VALUE, USD, 2016 - 2028
  1. Figure 16:  
  2. CHINA ARCHITECTURAL COATINGS MARKET MARKET, SHARE(%), BY TECHNOLOGY, 2016 - 2028
  1. Figure 17:  
  2. CHINA ARCHITECTURAL COATINGS MARKET MARKET, SHARE(%), BY TECHNOLOGY, 2016 - 2028
  1. Figure 18:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY TECHNOLOGY, VOLUME, KILOGRAMS, 2016 - 2028
  1. Figure 19:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY TECHNOLOGY, VALUE, USD, 2016 - 2028
  1. Figure 20:  
  2. CHINA ARCHITECTURAL COATINGS MARKET MARKET, SHARE(%), BY SUB END USER, 2021 - 2028
  1. Figure 21:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY TECHNOLOGY, VOLUME, KILOGRAMS, 2016 - 2028
  1. Figure 22:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY TECHNOLOGY, VALUE, USD, 2016 - 2028
  1. Figure 23:  
  2. CHINA ARCHITECTURAL COATINGS MARKET MARKET, SHARE(%), BY SUB END USER, 2021 - 2028
  1. Figure 24:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY RESIN, VOLUME, KILOGRAMS, 2016 - 2028
  1. Figure 25:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY RESIN, VALUE, USD, 2016 - 2028
  1. Figure 26:  
  2. CHINA ARCHITECTURAL COATINGS MARKET MARKET, SHARE(%), BY RESIN, 2016 - 2028
  1. Figure 27:  
  2. CHINA ARCHITECTURAL COATINGS MARKET MARKET, SHARE(%), BY RESIN, 2016 - 2028
  1. Figure 28:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY RESIN, VOLUME, KILOGRAMS, 2016 - 2028
  1. Figure 29:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY RESIN, VALUE, USD, 2016 - 2028
  1. Figure 30:  
  2. CHINA ARCHITECTURAL COATINGS MARKET MARKET, SHARE(%), BY SUB END USER, 2021 - 2028
  1. Figure 31:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY RESIN, VOLUME, KILOGRAMS, 2016 - 2028
  1. Figure 32:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY RESIN, VALUE, USD, 2016 - 2028
  1. Figure 33:  
  2. CHINA ARCHITECTURAL COATINGS MARKET MARKET, SHARE(%), BY SUB END USER, 2021 - 2028
  1. Figure 34:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY RESIN, VOLUME, KILOGRAMS, 2016 - 2028
  1. Figure 35:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY RESIN, VALUE, USD, 2016 - 2028
  1. Figure 36:  
  2. CHINA ARCHITECTURAL COATINGS MARKET MARKET, SHARE(%), BY SUB END USER, 2021 - 2028
  1. Figure 37:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY RESIN, VOLUME, KILOGRAMS, 2016 - 2028
  1. Figure 38:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY RESIN, VALUE, USD, 2016 - 2028
  1. Figure 39:  
  2. CHINA ARCHITECTURAL COATINGS MARKET MARKET, SHARE(%), BY SUB END USER, 2021 - 2028
  1. Figure 40:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY RESIN, VOLUME, KILOGRAMS, 2016 - 2028
  1. Figure 41:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY RESIN, VALUE, USD, 2016 - 2028
  1. Figure 42:  
  2. CHINA ARCHITECTURAL COATINGS MARKET MARKET, SHARE(%), BY SUB END USER, 2021 - 2028
  1. Figure 43:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY RESIN, VOLUME, KILOGRAMS, 2016 - 2028
  1. Figure 44:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, BY RESIN, VALUE, USD, 2016 - 2028
  1. Figure 45:  
  2. CHINA ARCHITECTURAL COATINGS MARKET MARKET, SHARE(%), BY SUB END USER, 2021 - 2028
  1. Figure 46:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
  1. Figure 47:  
  2. CHINA ARCHITECTURAL COATINGS MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
  1. Figure 48:  
  2. CHINA ARCHITECTURAL COATINGS MARKET SHARE(%), BY MAJOR PLAYERS, 2021

China Architectural Coatings Industry Segmentation

Commercial, Residential are covered as segments by Sub End User. Solventborne, Waterborne are covered as segments by Technology. Acrylic, Alkyd, Epoxy, Polyester, Polyurethane are covered as segments by Resin.
Sub End User
Commercial
Residential
Technology
Solventborne
Waterborne
Resin
Acrylic
Alkyd
Epoxy
Polyester
Polyurethane
Other Resin Types
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Market Definition

  • COMMERCIAL - The Commercial Sector includes the paints and coatings used for hotels, hospitals, educational institutions, government institutions and malls among others. The scope does not include paints and coatings used for infrastructure applications.
  • RESIDENTIAL - This section includes interior and exterior paints and coatings used on residential buildings.
  • FLOOR AREA - The total floor area comprises of both existing and new floor area for the sub end users considered in the study.
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Research Methodology

糖心vlog传媒 follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific end-user segment and country are selected from a group of relevant variables & factors based on the desk research & literature review; along with primary expert inputs.
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built based on these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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China Architectural Coatings Market Research FAQs

The China Architectural Coatings Market size is expected to reach USD 27.12 billion in 2024 and grow at a CAGR of 4.77% to reach USD 32.68 billion by 2028.

In 2024, the China Architectural Coatings Market size is expected to reach USD 27.12 billion.

3TREESGROUP, AkzoNobel N.V., CARPOLY, Nippon Paint Holdings Co., Ltd. and PPG Industries, Inc. are the major companies operating in the China Architectural Coatings Market.

In the China Architectural Coatings Market, the Residential segment accounts for the largest share by sub end user.

In 2024, the Residential segment accounts for the fastest growing by sub end user in the China Architectural Coatings Market.

In 2023, the China Architectural Coatings Market size was estimated at USD 25.59 billion. The report covers the China Architectural Coatings Market historical market size for years: 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the China Architectural Coatings Market size for years: 2024, 2025, 2026, 2027 and 2028.

China Architectural Coatings Industry Report

Statistics for the 2024 China Architectural Coatings market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. China Architectural Coatings analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

China Architectural Coatings Report Snapshots

China Architectural Coatings Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028

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