Architectural Coatings Market, By Resin Type, By Function, By Technology, By End-use Industry, By Geography .

Description

The architectural coatings market is estimated to be valued at USD 79.01 Bn in 2024 and is expected to reach USD 116.47 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2023/2024:	US$ 79.01 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2023/2024 to 2030/2031 CAGR:	5.70%	2030/2031 Value Projection:	US$ 116.47 Bn

Architectural Coatings Market Share (%), By Region, 2024

The architectural coatings market refers to paints and coatings used in residential and non-residential buildings for interior as well as exterior applications. Architectural paints help protect buildings from environmental factors like heat, rain, pollution, and also help in decorating the interiors and exteriors of structures. The rising construction of both residential and commercial buildings across the globe is fueling the demand for architectural coatings. Furthermore, frequent repainting of older structures as per changing design trends is also driving the market growth. However, stringent environmental regulations regarding VOCs emissions from paints may slightly hamper the market during the forecast period.

Market Dynamics:

The global architectural coatings market is witnessing healthy growth driven by factors such as increasing construction of new residential and commercial buildings worldwide. Rapid urbanization, growing population, rising disposable income, and changing lifestyles are some of the key socio-economic drivers leading to new construction activities. According to estimates, the global construction industry grew by over 3% in 2021. Additionally, the need for repainting and refurbishing of older structures also contributes significantly to the recurring demand for architectural coatings. However, strict environmental norms pertaining to VOCs emissions from paints and coatings pose a challenge for market players. On the positive side, rising R&D efforts towards developing eco-friendly and sustainable coating technologies present lucrative opportunities for further market expansion.

Key features of the study:

This report provides in-depth analysis of the global architectural coatings market, and provides market size (US$ Bn & KT) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global architectural coatings market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include PPG Industries, Asian Paints, Nippon Paints, The Sherwin-Williams Company, Axalta Coatings, RPM International Inc., The Valspar Corporation, Midwest Industrial Coatings Inc., Sumter Coatings, BASF SE, JSW, Jotun, AkzoNobel N.V., Chemours Company, Arcat, FUJIKURA KASEI CO.,LTD., Syensqo, Metcon Coatings & Chemicals India Private Limited., Acro Paints, and Varuna Paints Private Limited
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global architectural coatings market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global architectural coatings market

Market Segmentation

By Resin Type:
- Acrylic
- Alkyd
- Epoxy
- Polyurethane
- Polyester
- Urethane
- Others (PTFE & PVDF)
By Function:
- Ceramics
- Inks
- Lacquers
- Paints
- Powder Coatings
- Primers
- Sealers
- Stains
- Others (Varnishes, etc.)
By Technology:
- Solvent Borne
- Water Borne
By End-Use Industry:
- Residential
- Non-Residential
By Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Company Profiles:
- PPG Industries
- Asian Paints
- Nippon Paints
- The Sherwin-Williams Company
- Axalta Coatings
- RPM International Inc.
- The Valspar Corporation
- Midwest Industrial Coatings Inc.
- Sumter Coatings
- BASF SE
- JSW
- Jotun
- AkzoNobel N.V.
- Chemours Company
- Arcat
- FUJIKURA KASEI CO., LTD.
- Syensqo
- Metcon Coatings & Chemicals India Private Limited.
- Acro Paints
- Varuna Paints Private Limited

Product Code: CMI6683

1. Research Objectives and Assumptions

Research Objectives
Assumptions

2. Market Overview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot By Resin Type
- Market Snapshot By Function
- Market Snapshot By Technology
- Market Snapshot By End-Use Industry
- Market Snapshot By Region
- Market Scenario - Conservative, Like, Opportunistic
- Market Opportunity Map

3. Key Insights

Market Dynamics
- Drivers
- Restraints
- Opportunities
Key Market Trends
Impact Analysis of Market Dynamics
Market Assessment By PESTEL Analysis
PORTER Analysis
Regulatory Scenario
Market Attractiveness Analysis
Incremental $ Opportunity Assessment

4. Global Architectural Coatings Market, By Resin Type, 2019 - 2031 (US$ Bn & KT)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
Acrylic, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)
Alkyd, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)
Epoxy, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)
Polyurethane, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)
Polyester, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)
Urethane, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)
Others (PTFE & PVDF), 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)

5. Global Architectural Coatings Market, By Function, 2019 - 2031 (US$ Bn & KT)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
Ceramics, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)
Inks, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)
Lacquers, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)
Paints, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)
Powder Coatings, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)
Primers, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)
Sealers, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)
Stains, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)
Others (Varnishes, etc.), 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)

6. Global Architectural Coatings Market, By Technology, 2019 - 2031 (US$ Bn & KT)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
Solvent Borne, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)
Water Borne, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)

7. Global Architectural Coatings Market, By End-Use Industry, 2019 - 2031 (US$ Bn & KT)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
Residential, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)
Non-Residential, 2019 - 2031 (US$ Bn & KT)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn & KT)

8. Global Architectural Coatings Market, By Region, 2019 - 2031 (US$ Bn & KT)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031, (US$ Bn & KT)
- Market Y-o-Y Growth Comparison (%), 2024 - 2031, (US$ Bn & KT)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Resin Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Function, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Technology, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By End-Use Industry, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, By Resin Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Function, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Technology, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By End-Use Industry, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
U.K.
Germany
Italy
France
Spain
Russia
Rest Of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Resin Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Function, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Technology, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By End-Use Industry, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
China
India
Japan
Australia
South Korea
Asean
Rest Of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Resin Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Function, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Technology, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By End-Use Industry, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
GCC
Israel
Rest Of Middle East
Latin America
- Introduction
- Market Size and Forecast, By Resin Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Function, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Technology, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By End-Use Industry, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
Brazil
Mexico
Argentina

9. Company Profiles - Global Architectural Coatings Market

PPG Industries*
- Company Overview
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategic Overview
Asian Paints
Nippon Paints
The Sherwin-Williams Company
Axalta Coatings
RPM International Inc.
The Valspar Corporation
Midwest Industrial Coatings Inc.
Sumter Coatings
BASF SE
JSW
Jotun
AkzoNobel N.V.
Chemours Company
Arcat
FUJIKURA KASEI CO.,LTD.
Syensqo
Metcon Coatings & Chemicals India Private Limited.
Acro Paints
Varuna Paints Private Limited

10. References and Research Methodology

References
Research Methodology
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