| Product Code: ETC9481809 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Sri Lanka water-based coating market witnessed a notable import trend from 2023 to 2024, showing a growth rate of 32.52%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 4.03%. This growth could be attributed to increasing environmental regulations favoring eco-friendly coatings.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka Water Based Coating Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Water Based Coating Market Revenues & Volume, 2022 & 2032F |
3.3 Sri Lanka Water Based Coating Market - Industry Life Cycle |
3.4 Sri Lanka Water Based Coating Market - Porter's Five Forces |
3.5 Sri Lanka Water Based Coating Market Revenues & Volume Share, By Resin Type, 2022 & 2032F |
3.6 Sri Lanka Water Based Coating Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Sri Lanka Water Based Coating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing environmental awareness leading to a shift towards eco-friendly products |
4.2.2 Stringent regulations promoting the use of water-based coatings over solvent-based coatings |
4.2.3 Increasing investments in infrastructure projects driving demand for water-based coatings |
4.3 Market Restraints |
4.3.1 Higher initial cost of water-based coatings compared to solvent-based coatings |
4.3.2 Limited availability of technologically advanced water-based coating products in the market |
4.3.3 Lack of awareness and understanding about the benefits of water-based coatings among consumers |
5 Sri Lanka Water Based Coating Market Trends |
6 Sri Lanka Water Based Coating Market, By Types |
6.1 Sri Lanka Water Based Coating Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Water Based Coating Market Revenues & Volume, By Resin Type, 2022-2032F |
6.1.3 Sri Lanka Water Based Coating Market Revenues & Volume, By Acrylic, 2022-2032F |
6.1.4 Sri Lanka Water Based Coating Market Revenues & Volume, By Epoxy, 2022-2032F |
6.1.5 Sri Lanka Water Based Coating Market Revenues & Volume, By Polyurethane, 2022-2032F |
6.1.6 Sri Lanka Water Based Coating Market Revenues & Volume, By Polyester, 2022-2032F |
6.1.7 Sri Lanka Water Based Coating Market Revenues & Volume, By Alkyd, 2022-2032F |
6.1.8 Sri Lanka Water Based Coating Market Revenues & Volume, By Others, 2022-2032F |
6.2 Sri Lanka Water Based Coating Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Water Based Coating Market Revenues & Volume, By Building and Construction, 2022-2032F |
6.2.3 Sri Lanka Water Based Coating Market Revenues & Volume, By Automotive, 2022-2032F |
6.2.4 Sri Lanka Water Based Coating Market Revenues & Volume, By Industrial, 2022-2032F |
6.2.5 Sri Lanka Water Based Coating Market Revenues & Volume, By Wood, 2022-2032F |
6.2.6 Sri Lanka Water Based Coating Market Revenues & Volume, By Others, 2022-2032F |
7 Sri Lanka Water Based Coating Market Import-Export Trade Statistics |
7.1 Sri Lanka Water Based Coating Market Export to Major Countries |
7.2 Sri Lanka Water Based Coating Market Imports from Major Countries |
8 Sri Lanka Water Based Coating Market Key Performance Indicators |
8.1 Percentage of infrastructure projects using water-based coatings |
8.2 Adoption rate of water-based coatings in key industries (e.g., construction, automotive) |
8.3 Number of research and development initiatives focused on improving water-based coating technology |
9 Sri Lanka Water Based Coating Market - Opportunity Assessment |
9.1 Sri Lanka Water Based Coating Market Opportunity Assessment, By Resin Type, 2022 & 2032F |
9.2 Sri Lanka Water Based Coating Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Sri Lanka Water Based Coating Market - Competitive Landscape |
10.1 Sri Lanka Water Based Coating Market Revenue Share, By Companies, 2025 |
10.2 Sri Lanka Water Based Coating Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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