The Southeast Asia Architectural Coatings Resins market size was valued at US$ 1.23 billion in 2024 and is projected to reach US$ 1.68 billion by 2030, at a CAGR of 5.3% during the forecast period 2024-2030.
Architectural coatings resins are binders used in paints and coatings for buildings, providing adhesion, durability, and specific properties such as weather resistance, gloss, and texture to the final coating.
The Southeast Asia Architectural Coatings Resins market is experiencing steady growth, driven by booming construction activities, increasing urbanization, and growing demand for eco-friendly coatings. In 2023, total consumption reached 520,000 metric tons, with Indonesia, Vietnam, and Thailand accounting for 65% of regional demand. The exterior coatings sector remains the largest consumer at 60%, followed by interior coatings at 40%. Acrylic resins dominate with a 45% market share due to their versatility and performance. The market saw a 10% increase in demand for water-based resins in 2023, reflecting stricter VOC regulations and growing environmental awareness. Polyurethane resins are growing at 7% annually, driven by their superior durability and chemical resistance. The trend towards sustainable coatings led to a 15% rise in adoption of bio-based resins in 2023. Self-cleaning and air-purifying resin technologies saw a 20% surge in R&D investments, aiming to add value to architectural coatings. The market is witnessing increased focus on multifunctional resins, with a 25% growth in demand for products offering combined benefits like UV resistance, anti-microbial properties, and thermal insulation.
Report Includes
This report is an essential reference for who looks for detailed information on Southeast Asia Architectural Coatings Resins. The report covers data on Southeast Asia markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Southeast Asia major vendors¡¯ information. In addition to the data part, the report also provides overview of Architectural Coatings Resins, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Southeast Asia Architectural Coatings Resins, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Architectural Coatings Resins. This report contains market size and forecasts of Architectural Coatings Resins in Southeast Asia, including the following market information:
We surveyed the Architectural Coatings Resins manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
by Country
• Thailand
• Indonesia
• Vietnam
• Malaysia
• Philippines
• Singapore
• Myanmar
by Products type:
• Acrylic Resin
• Alkyd Resin
• Vinyl Resin
• Polyurethane Resin
• Other
by Application:
• Water-soluble Coatings
• Solvent Coatings
• Emulsion Coatings
• Others
key players include: (At least 8-10 companies included)
• Arkema S.A.
• BASF SE
• Akzo Nobel N.V.
• Allnex Netherlands B.V.
• Nippon Paint Holdings Co.
• PPG Industries, Inc.
• RPM International Inc.
• Sherwin-Williams Company
• Axalta Coating Systems Ltd.
• Kansai Paint Co., Ltd.
Including or excluding key companies relevant to your analysis.
Competitor Analysis
The report also provides analysis of leading market participants including:
• Key companies Architectural Coatings Resins revenues in Southeast Asia market, 2019-2024 (Estimated), ($ millions)
• Key companies Architectural Coatings Resins revenues share in Southeast Asia market, 2023 (%)
• Key companies Architectural Coatings Resins sales in Southeast Asia market, 2019-2024 (Estimated),
• Key companies Architectural Coatings Resins sales share in Southeast Asia market, 2023 (%)
Key Points of this Report:
• The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
• The report covers Southeast Asia and country-wise market of Architectural Coatings Resins
• It describes present situation, historical background and future forecast
• Comprehensive data showing Architectural Coatings Resins capacities, production, consumption, trade statistics, and prices in the recent years are provided
• The report indicates a wealth of information on Architectural Coatings Resins manufacturers
• Architectural Coatings Resins forecast for next five years, including market volumes and prices is also provided
• Raw Material Supply and Downstream Consumer Information is also included
• Any other user's requirements which is feasible for us
Reasons to Purchase this Report:
• Analyzing the outlook of the market with the recent trends and SWOT analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
• Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
• Distribution Channel sales Analysis by Value
• Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• 1-year analyst support, along with the data support in excel format.
Table of content
1 Market Overview
1.1 Product Overview and Scope of Architectural Coatings Resins
1.2 Segment by Type
1.2.1 Southeast Asia Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Acrylic Resin
1.2.3 Alkyd Resin
1.2.4 Vinyl Resin
1.2.5 Polyurethane Resin
1.2.6 Other
1.3 Segment by Application
1.3.1 Southeast Asia Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Water-soluble Coatings
1.3.3 Solvent Coatings
1.3.4 Emulsion Coatings
1.3.5 Others
1.4 Southeast Asia Market Growth Prospects
1.4.1 Southeast Asia Revenue Estimates and Forecasts (2019-2030)
1.4.2 Southeast Asia Production Estimates and Forecasts (2019-2030)
2 Southeast Asia Growth Trends
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
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