Architectural Coatings Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Architectural Coatings Market Analysis Report is segmented by Technology (Water-borne and Solvent-borne), Resin Type (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, and Other Resin Types), End-use sub-segment (Commercial and Residential), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report offers market size and forecasts for Architectural Coatings Market in revenue (USD Million) and Volume (Kilotons) for all the above segments.

Architectural Coatings Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Architectural Coatings Market Size

Architectural Coatings Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 72.51 Billion
Market Size (2029) USD 90.70 Billion
CAGR (2024 - 2029) 4.58 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Architectural Coatings Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Architectural Coatings Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Architectural Coatings Market Analysis

The Architectural Coatings Market size is estimated at USD 72.51 billion in 2024, and is expected to reach USD 90.70 billion by 2029, growing at a CAGR of 4.58% during the forecast period (2024-2029).

The construction sector is a major driver of the Architecture Coatings Market. These coatings have several advantages including corrosion resistance, UV rays protection, etc. Vinyl Acetate is the common type of Architecture coating in use. Architecture Infrastructure is expected to see a rise in demand for Market Studied.

  • Increasing demand for Low VOC Coatings is creating various opportunities in this Market.
  • Increasing Global Warming Concern across the globe is demanding safe and energy-saving coatings for office buildings, residential homes, etc.
  • Asia-Pacific is expected to dominate the global market, during the forecast period.

Architectural Coatings Industry Overview

The architectural coatings market is fragmented in nature. Some of the major players of the market studied include (not in particular order) Akzo Nobel N.V., The Sherwin-Williams Company, PPG Industries, Inc., 3 Trees and Nippon Paint Holdings Co., Ltd., among others.

Architectural Coatings Market Leaders

  1. Akzo Nobel N.V.

  2. The Sherwin-Williams Company

  3. PPG Industries

  4. Nippon Paint Holdings Co., Ltd.

  5. Hemple

  6. *Disclaimer: Major Players sorted in no particular order
Architectural Coatings Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Architectural Coatings Market News

  • On March 11, 2022, AkzoNobel opened a global R&D center in the UK. This will help the organization to further advance in innovation capabilities in the area of decorative paints.
  • On February 10, 2022, Hempel acquired KHIMJI PAINTS LLC. This acquisition will expand the roots of Hempel in the Middle East.
  • On June 10, 2021, PPG Industries acquired TIKKURILA, a leading Nordic paint and coating company in Finland. This is expansion will grow sales of PPG Industries in Finland, Sweden, Russia, Poland, and the Baltic states.

Architectural Coatings Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMEREY

4. MARKET DNAMICS

  • 4.1 Drivers
    • 4.1.1 Growth in Median Floor Area of Eastern European Countries
    • 4.1.2 Increasing Residential and Commertial Infrastructure
  • 4.2 Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition
  • 4.5 Regulations

5. MARKET SEGMENTATION

  • 5.1 Technology
    • 5.1.1 Water-borne
    • 5.1.2 Solvent-borne
  • 5.2 Resin Type
    • 5.2.1 Acrylic
    • 5.2.2 Alkyd
    • 5.2.3 Polyurethane
    • 5.2.4 Epoxy
    • 5.2.5 Polyester
    • 5.2.6 Other Resin Types
  • 5.3 End-use sub segment
    • 5.3.1 Commercial
    • 5.3.2 Residential
  • 5.4 Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 Thailand
    • 5.4.1.6 Indonesia
    • 5.4.1.7 Malaysia
    • 5.4.1.8 Philippines
    • 5.4.1.9 Singapore
    • 5.4.1.10 Vietnam
    • 5.4.1.11 Australia & Newzealand
    • 5.4.1.12 Rest of Asia-Pacific
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
    • 5.4.2.4 Rest of North America
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 France
    • 5.4.3.3 United Kingdom
    • 5.4.3.4 Italy
    • 5.4.3.5 Spain
    • 5.4.3.6 Poland
    • 5.4.3.7 Nordic Countries
    • 5.4.3.8 Russia
    • 5.4.3.9 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share Analysis
  • 6.3 Stratergies Adopted by Leading players
  • 6.4 Company Profiles
    • 6.4.1 3 Trees
    • 6.4.2 AkzoNobel N.V.
    • 6.4.3 Asian paints
    • 6.4.4 BASF SE
    • 6.4.5 Benjamin Moore
    • 6.4.6 Berger Paints India
    • 6.4.7 Brillux GmbH & Co. KG
    • 6.4.8 CIN, S.A.
    • 6.4.9 Cloverdale Paint Inc.
    • 6.4.10 DAW SE
    • 6.4.11 Flugger group A S
    • 6.4.12 Hempel A/S
    • 6.4.13 Kansai Paint Co.,Ltd.
    • 6.4.14 Masco Coporation
    • 6.4.15 Nippon Paint
    • 6.4.16 PPG
    • 6.4.17 RPM International
    • 6.4.18 Sniezka SA
    • 6.4.19 The Sherwin-Williams Company
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Architectural Coatings Industry Segmentation

The scope of the study includes coatings used for commercial purposes, such as office buildings, warehouses, retail convenience stores, and shopping malls and residential buildings. However, it does not include the infrastructure segment, which comprises roads, bridges, and rails. Moreover, it also includes the coatings used in the new construction and remodeling of old houses.

The architectural coatings market is segmented by technology, resin type, application, construction sector, and Geography. By technology, the market segmented into Water-borne and Solvent-borne. By resin type, the market is segmented into Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, and Other Resin Types. B By construction sector, the market is segmented into commercial and residential. The report also covers the market size and forecasts for the architectural coatings market in 25 countries across major regions. For each segment, the market sizing and forecasts have been done based on revenue (USD million) and volume (kilotons).

Technology Water-borne
Solvent-borne
Resin Type Acrylic
Alkyd
Polyurethane
Epoxy
Polyester
Other Resin Types
End-use sub segment Commercial
Residential
Geography Asia-Pacific China
India
Japan
South Korea
Thailand
Indonesia
Malaysia
Philippines
Singapore
Vietnam
Australia & Newzealand
Rest of Asia-Pacific
Geography North America United States
Canada
Mexico
Rest of North America
Geography Europe Germany
France
United Kingdom
Italy
Spain
Poland
Nordic Countries
Russia
Rest of Europe
Geography South America Brazil
Argentina
Rest of South America
Geography Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa
Need A Different Region or Segment?
Customize Now

Architectural Coatings Market Research FAQs

How big is the Architectural Coatings Market?

The Architectural Coatings Market size is expected to reach USD 72.51 billion in 2024 and grow at a CAGR of 4.58% to reach USD 90.70 billion by 2029.

What is the current Architectural Coatings Market size?

In 2024, the Architectural Coatings Market size is expected to reach USD 72.51 billion.

Who are the key players in Architectural Coatings Market?

Akzo Nobel N.V., The Sherwin-Williams Company, PPG Industries, Nippon Paint Holdings Co., Ltd. and Hemple are the major companies operating in the Architectural Coatings Market.

Which is the fastest growing region in Architectural Coatings Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

Which region has the biggest share in Architectural Coatings Market?

In 2024, the Asia Pacific accounts for the largest market share in Architectural Coatings Market.

What years does this Architectural Coatings Market cover, and what was the market size in 2023?

In 2023, the Architectural Coatings Market size was estimated at USD 69.33 billion. The report covers the Architectural Coatings Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Architectural Coatings Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Architectural Coatings Industry Report

Statistics for the 2024 Architectural Coatings market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Architectural Coatings analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.