IMARC Group has published a market research report titled “Indonesia Architectural Coatings Market Report by Resin (Acrylic, Alkyd, Epoxy, Polyester, Polyurethane, and Others), Technology (Solventborne, Waterborne), End User (Commercial, Residential), and Region 2024-2032” Indonesia architectural coatings market is projected to exhibit a growth rate (CAGR) of 3.53% during 2024-2032.
The growing urbanization, along with the booming construction sector, is one of the factors responsible for the growth of the Indonesia architectural coatings market. Additionally, the demand for architectural coatings is rising owing to the surge in both residential and commercial construction activities, which is fueling the market. These developments necessitate the use of high-quality architectural coatings that not only enhance the aesthetic appeal of buildings but also provide essential protection against the tropical climate, which includes high humidity and heavy rainfall. Besides this, the renovation and maintenance of existing structures contribute to the steady demand for architectural paints and coatings as property owners seek to upgrade and preserve their investments, which contributes to the expansion of the market.
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Indonesia Architectural Coatings Market Trends and Drivers:
Emerging trends in the Indonesia architectural coatings market include a growing emphasis on eco-friendly and sustainable products. Additionally, with environmental awareness on the rise, both consumers and regulatory bodies are pushing for coatings that have lower volatile organic compounds (VOCs) and are less harmful to both human health and the environment, which is acting as another growth-inducing factor. This shift is prompting manufacturers to innovate and develop water-based and other eco-friendly coatings that meet these demands without compromising on quality or durability. Furthermore, the advancement in technology has led to the introduction of functional coatings that offer added benefits such as improved air quality, antibacterial properties, and energy efficiency by reflecting infrared radiation, which is anticipated to drive the Indonesia architectural coatings market over the forecasted period.
Report Segmentation:
The report has segmented the market into the following categories:
Resin Insights:
- Acrylic
- Alkyd
- Epoxy
- Polyester
- Polyurethane
- Others
Technology Insights:
- Solventborne
- Waterborne
End User Insights:
- Commercial
- Residential
Regional Insights:
- Java
- Sumatra
- Kalimantan
- Sulawesi
- Others
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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