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

The Nordic Countries 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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Nordic Countries Architectural Coatings Market Size

Nordic Countries Architectural Coatings Market
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svg icon Study Period 2016 - 2028
svg icon Market Size (2024) USD 1.18 Billion
svg icon Market Size (2028) USD 1.33 Billion
svg icon Largest Share by Sub End User Residential
svg icon CAGR (2024 - 2028) 3.04 %
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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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.

Nordic Countries Architectural Coatings Market Trends

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

Residential is the largest segment by Sub End User.

  • In NORDIC countries, architectural paint consumption during 2016-2019 increased by a CAGR of . A major rise was observed in 2016 and 2017 due to the increase in investment in both the new residential and commercial construction sectors in all NORDIC countries.
  • The slow growth in the architectural coating consumption in 2020 due to the spread of COVID-19 was followed by the recovering growth in construction in 2021. The DIY segment was continuously fueling the demand for paints and coatings in 2020 and 2021, especially from the residential sector.
  • The increase in consumption is expected to continue till 2023 before normalizing from 2023 to 2028 due to positive growth prospects in both the residential and commercial sectors in Sweden, Norway, and Finland.
Nordic Countries Architectural Coatings Market

Nordic Countries Architectural Coatings Industry Overview

The Nordic Countries Architectural Coatings Market is fairly consolidated, with the top five companies occupying 73.80%. The major players in this market are AkzoNobel N.V., DAW SE, Fl眉gger group A/S, PPG Industries, Inc. and Teknos (sorted alphabetically).

Nordic Countries Architectural Coatings Market Leaders

  1. AkzoNobel N.V.

  2. DAW SE

  3. Fl眉gger group A/S

  4. PPG Industries, Inc.

  5. Teknos

*Disclaimer: Major Players sorted in no particular order

Nordic Countries Architectural Coatings Market
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Nordic Countries Architectural Coatings Market News

  • April 2022: Hammerite Ultima was introduced in several markets. It is a water-based exterior paint that can be applied directly to any metal surface without the need for a primer, which was designed to help the company expand its customer base.
  • January 2022: The company increased powder coating capacity at its site in Como, Italy, to strengthen its market position and sharpen its focus on greener manufacturing.
  • April 2021: Hammerite Ultima was introduced in several markets. It is a water-based exterior paint that can be applied directly to any metal surface without a primer. The company designed the product to expand its customer base.

Nordic Countries Architectural Coatings Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study

    3. 1.3. Research Methodology

  3. 2. KEY INDUSTRY TRENDS

    1. 2.1. Floor Area Trends

    2. 2.2. Regulatory Framework

    3. 2.3. Value Chain & Distribution Channel Analysis

  4. 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

  5. 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. AkzoNobel N.V.

      2. 4.4.2. Brillux GmbH & Co. KG

      3. 4.4.3. DAW SE

      4. 4.4.4. Fl眉gger group A/S

      5. 4.4.5. Jotun

      6. 4.4.6. PPG Industries, Inc.

      7. 4.4.7. Teknos

  6. 5. KEY STRATEGIC QUESTIONS FOR ARCHITECTURAL COATINGS CEOS

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

Nordic Countries 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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Nordic Countries Architectural Coatings Market Research FAQs

The Nordic Countries Architectural Coatings Market size is expected to reach USD 1.18 billion in 2024 and grow at a CAGR of 3.04% to reach USD 1.33 billion by 2028.

In 2024, the Nordic Countries Architectural Coatings Market size is expected to reach USD 1.18 billion.

AkzoNobel N.V., DAW SE, Fl眉gger group A/S, PPG Industries, Inc. and Teknos are the major companies operating in the Nordic Countries Architectural Coatings Market.

In the Nordic Countries 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 Nordic Countries Architectural Coatings Market.

In 2023, the Nordic Countries Architectural Coatings Market size was estimated at USD 1.14 billion. The report covers the Nordic Countries Architectural Coatings Market historical market size for years: 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Nordic Countries Architectural Coatings Market size for years: 2024, 2025, 2026, 2027 and 2028.

Nordic Countries Architectural Coatings Industry Report

Statistics for the 2024 Nordic Countries Architectural Coatings market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Nordic Countries 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.

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

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