United States Architectural Coatings Market Size

The United States Architectural Coatings Market is projected to experience growth over the forecast period, driven by the substantial demand from the residential sector, which surpasses that of commercial buildings. The market's expansion is further supported by the increasing preference for waterborne coatings, influenced by stringent environmental regulations and a consumer shift towards eco-friendly products. Acrylic resin dominates the market due to its cost-effectiveness and prevalent use in waterborne formulations, contributing to the overall market size and share.

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Market Size of united states architectural coatings Industry

United States Architectural Coatings Market Summary
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svg icon Study Period 2016 - 2028
svg icon Market Size (2024) USD 16.24 Billion
svg icon Market Size (2028) USD 18.55 Billion
svg icon Largest Share by Sub End User Residential
svg icon CAGR (2024 - 2028) 3.38 %
svg icon Fastest Growing by Sub End User Commercial

Major Players

United States Architectural Coatings Market Major Players United States Architectural Coatings Market Major Players United States Architectural Coatings Market Major Players United States Architectural Coatings Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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US Architectural Coatings Market Analysis

The United States Architectural Coatings Market size is estimated at USD 16.24 billion in 2024, and is expected to reach USD 18.55 billion by 2028, growing at a CAGR of 3.38% during the forecast period (2024-2028).

  • Largest Segment by End-user - Residential : Compared to commercial building stock, the country's high volume of residential building stock resulted in high architectural paint consumption from the residential sector.
  • Largest Segment by Technology - Waterborne : High EPA regulations and consumer preference toward green and healthy products contributed to the high consumption and growth of waterborne coatings in the United States.
  • Largest Segment by Resin - Acrylic : Acrylic is a leading type of resin, owing to its low cost and high usage in waterborne coatings. Waterborne coatings are also increasingly used in the US market.
Commercial, Residential are covered as segments by Sub End User. Solventborne, Waterborne are covered as segments by Technology. Acrylic, Alkyd, Epoxy, Polyester, Polyurethane are covered as segments by Resin.

This section covers the major market trends shaping the US Architectural Coatings Market according to our research experts:

Residential is the largest segment by Sub End User.

  • The growth rate of architectural coatings declined since 2016 before bouncing back in 2020. The growth registered in 2020 was due to a huge sales increase from the DIY segment, driven by consumers “nesting” at home and completing DIY projects. The aging housing stock, which reached an average age of 41 years in 2019 from around 31 years in 2001, was a major driver for the market demand.
  • The country’s residential sector held the highest share, registering around 78-79%. However, this trend changed drastically in 2020 due to a major increase in residential repaint demand in parallel with a huge decline in the commercial sector, thus reducing the commercial sector's share to less than 17.4%.
  • Though the commercial sector's share is expected to recover during the forecast period, it may not reach the pre-pandemic levels in the short term due to sustained demand in the residential segment.
United States Architectural Coatings Market : Residential is the largest segment by Sub End User.

US Architectural Coatings Industry Segmentation

Commercial, Residential are covered as segments by Sub End User. Solventborne, Waterborne are covered as segments by Technology. Acrylic, Alkyd, Epoxy, Polyester, Polyurethane are covered as segments by Resin.
Sub End User
Commercial
Residential
Technology
Solventborne
Waterborne
Resin
Acrylic
Alkyd
Epoxy
Polyester
Polyurethane
Other Resin Types
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United States Architectural Coatings Market Size Summary

The United States Architectural Coatings Market is experiencing a steady growth trajectory, driven primarily by the residential sector, which accounts for a significant portion of the market share. The high volume of residential building stock in the country has led to increased consumption of architectural paints, particularly in the waterborne category. This preference is largely influenced by stringent Environmental Protection Agency regulations and a growing consumer inclination towards eco-friendly and health-conscious products. Acrylic resins are predominant in this market due to their cost-effectiveness and extensive use in waterborne coatings. The market's growth dynamics shifted notably in 2020, with a surge in DIY activities as consumers engaged in home improvement projects, spurred by the trend of "nesting" during the pandemic. This period also saw a notable increase in demand for residential repainting, while the commercial sector experienced a decline, a trend that is expected to gradually recover but may not return to pre-pandemic levels in the near term.

The competitive landscape of the United States Architectural Coatings Market is fairly consolidated, with a few key players dominating the scene. Companies such as Benjamin Moore & Co., Masco Corporation, PPG Industries, Inc., RPM International Inc., and The Sherwin-Williams Company hold a substantial share of the market. These companies are actively expanding their product offerings and strategic partnerships to cater to professional customers and enhance their market presence. For instance, PPG Industries has strengthened its relationship with The Home Depot and HD Supply to provide a tailored range of professional paint products. Additionally, PPG has introduced new powder coatings for various applications and has expanded its portfolio through acquisitions, such as the purchase of Tikkurila, which includes several well-known brands. This strategic focus on innovation and expansion underscores the competitive dynamics and growth potential within the market.

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United States Architectural Coatings Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION

    1. 1.1 Sub End User

      1. 1.1.1 Commercial

      2. 1.1.2 Residential

    2. 1.2 Technology

      1. 1.2.1 Solventborne

      2. 1.2.2 Waterborne

    3. 1.3 Resin

      1. 1.3.1 Acrylic

      2. 1.3.2 Alkyd

      3. 1.3.3 Epoxy

      4. 1.3.4 Polyester

      5. 1.3.5 Polyurethane

      6. 1.3.6 Other Resin Types

United States Architectural Coatings Market Size FAQs

The United States Architectural Coatings Market size is expected to reach USD 16.24 billion in 2024 and grow at a CAGR of 3.38% to reach USD 18.55 billion by 2028.

In 2024, the United States Architectural Coatings Market size is expected to reach USD 16.24 billion.

United States Architectural Coatings Report Snapshots

United States Architectural Coatings Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028