Base Year
Historical Year
Forecast Year
Value in AUD billion
2024-2032
Australia Paints and Coatings Market Outlook
*this image is indicative*
Based on technology, the Australia paints and coatings market share is led by powder coating as they are more sustainable as compared to solvent-borne coating
They are solvent-free in nature thus producing no amount of volatile organic compounds in the environment and helps in preventing air pollution, aiding the Australia paints and coatings market. Moreover, they offer durability for longer periods as they are not affected by moisture, harsh temperature, corrosion and fading. They are also cost-effective as compared to solvent-borne coatings due to the low cost of maintenance and higher durability. The health hazards caused by powder coatings are less due to the absence of exposure of workers to harmful solvents.
The Australia paints and coatings market growth is being driven by various trends including the increase in the usage of environment-friendly solvents including water and to promote sustainability, thus, the use of low volatile organic compounds is increasing. Moreover, the use of smart coatings is also increasing which possesses properties including self-healing and antimicrobial thus increasing the durability of the coatings. The integration of nanoparticles in the nano-coatings enables the surfaces to become resistant against scratches and moisture. In 2023, the new aircraft coating facility was introduced by the Australia government and BAE Systems.
Australia Paints and Coatings Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Material
Market Breakup by Application
Market Breakup by Region
The Australia paints and coatings market key players are Axalta Coating Systems Pty Ltd, DuluxGroup (Australia) Pty Limited, Tenaru Timber & Finishes Pty Ltd., and Jotun A/S, Ppg Industries Pty Ltd among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at AUD 3.85 billion in 2023.
The market is projected to grow at a CAGR of 1.35% between 2024 and 2032.
The revenue generated from the market is expected to reach AUD 4.34 billion in 2032.
The paints and coatings market is growing with an increase in the development of environment-friendly solvents, integration of nanoparticles in nano-coatings and the introduction of smart coatings.
Based on the product type, the paints and coatings market is bifurcated into powder coating, water-borne coatings, high solids/radiation-cured coatings, solvent-borne coatings and others.
Key players in the industry are Axalta Coating Systems Pty Ltd, DuluxGroup (Australia) Pty Limited, Tenaru Timber & Finishes Pty Ltd., and Jotun A/S, Ppg Industries Pty Ltd among others.
Based on materials, the Paints and coatings market is divided into polyester, acrylic, epoxy, alkyd, polyurethane and others.
The different applications for paints and coatings include non-architectural, architectural and decorative.
The market is broken down into New South Wales, Victoria, Queensland, the Australia Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Material |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
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| Trade Data Analysis: |
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| Competitive Landscape |
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| Companies Covered |
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