How big is the United States Architectural Coatings Market?

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. Read More

What is the current United States Architectural Coatings Market size?

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

Who are the key players in United States Architectural Coatings Market?

Benjamin Moore & Co., Masco Corporation, PPG Industries, Inc., RPM International Inc. and The Sherwin-Williams Company are the major companies operating in the United States Architectural Coatings Market. Read More

Which segment has the biggest share in the United States Architectural Coatings Market?

In the United States Architectural Coatings Market, the Residential segment accounts for the largest share by sub end user. Read More

Which is the fastest growing segment in the United States Architectural Coatings Market?

In 2024, the Commercial segment accounts for the fastest growing by sub end user in the United States Architectural Coatings Market. Read More

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

In 2023, the United States Architectural Coatings Market size was estimated at USD 15.76 billion. The report covers the United States Architectural Coatings Market historical market size for years: 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United States Architectural Coatings Market size for years: 2024, 2025, 2026, 2027 and 2028. Read More

United States Architectural Coatings Market Trends

Statistics for the 2023 & 2024 United States Architectural Coatings market trends, created by Mordor Intelligence™ Industry Reports. United States Architectural Coatings trend report includes a market forecast to 202 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of united states architectural coatings Industry

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.