Argentina Paints And Coatings Market Size & Outlook
Argentina paints and coatings market, 2018-2030 (US$M)
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Argentina paints and coatings market highlights
- The Argentina paints and coatings market generated a revenue of USD 2,563,081.4 million in 2023 and is expected to reach USD 3,575,960.9 million by 2030.
- The Argentina market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
- In terms of segment, radiation cured coatings was the largest revenue generating product in 2023.
- Waterborne coatings is the most lucrative product segment registering the fastest growth during the forecast period.
Paints and coatings market data book summary
| Market revenue in 2023 | USD 2,563,081.4 million |
| Market revenue in 2030 | USD 3,575,960.9 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Radiation cured coatings |
| Fastest growing segment | Waterborne coatings |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radiation cured coatings, Powder coatings, Waterborne coatings, Solvent-borne coatings |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.3% of the global paints and coatings market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil paints and coatings market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 7,611,989.1 million by 2030.
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Paints and Coatings Market Scope
Paints and Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina paints and coatings market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to paints and coatings market will help companies and investors design strategic landscapes.
Radiation cured coatings was the largest segment with a revenue share of 41.05% in 2023. Horizon Databook has segmented the Argentina paints and coatings market based on radiation cured coatings, powder coatings, waterborne coatings, solvent-borne coatings covering the revenue growth of each sub-segment from 2018 to 2030.
The Argentinian paints & coatings market is primarily driven by the advancing demand for paints & coatings in the transportation and electric & electronics industries. The medical end- use segment is also expected to drive the market demand in the coming years owing to the rising demand for medical devices and rising expenditure in the country’s healthcare sector.
Socioeconomic conditions of the population, advancements in technology, and increasing public and private budgets and expenses in recent years are some of the major factors fueling the growth of the healthcare sector in the country.
The country is characterized by the presence of an excellent industrial base, coupled with abundant availability of shale resources, which can be optimized for enhancing the current energy industry, thereby leading to revitalizing the country’s oil and gas industry.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina paints and coatings market , including forecasts for subscribers. This country databook contains high-level insights into Argentina paints and coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina paints and coatings market size, by product, 2018-2030 (US$M)
Argentina Paints and Coatings Market Outlook Share, 2023 & 2030 (US$M)
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