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    Acrylic Paints Market

    ID: MRFR/CnM/7856-HCR
    111 Pages
    Garvit Vyas
    October 2025

    Acrylic Paint Market Research Report By Type (Artist-grade Acrylics, Student-grade Acrylics, Hobbyist-grade Acrylics, Industrial Acrylics), By Finish (Gloss, Matte, Satin, Metallic), By Application (Canvas, Wood, Paper, Fabric, Glass), By Effect (Standard Acrylic Paints, Fluorescent Acrylic Paints, Metallic Acrylic Paints, Phosphorescent Acrylic Paints), By Drying Time (Fast-drying Acrylic Paints, Regular-drying Acrylic Paints, Slow-drying Acrylic Paints) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Af...

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    Acrylic Paints Market Infographic
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    Acrylic Paints Market Summary

    The global acrylic paint market is projected to grow from 3.65 USD billion in 2024 to 6.36 USD billion by 2035.

    Key Market Trends & Highlights

    Acrylic Paint Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 5.18 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 6.36 USD billion, indicating robust growth potential.
    • in 2024, the market is valued at 3.65 USD billion, reflecting a strong foundation for future expansion.
    • Growing adoption of eco-friendly products due to increasing environmental awareness is a major market driver.

    Market Size & Forecast

    2024 Market Size 3.65 (USD Billion)
    2035 Market Size 6.36 (USD Billion)
    CAGR (2025-2035) 5.17%

    Major Players

    Liquitex, Golden Artist Colors, Inc., Winsor & Newton, Daler-Rowney, Reeves, Turner Colour Works, Masterson, Daniel Smith, Utrecht, Shiva Paints, Grumbacher, Amsterdam Acrylics, Chroma Acrylics, Da Vinci Paints, M. Graham, Sennelier

    Acrylic Paints Market Trends

    Key market drivers of acrylic paint include growing urbanization, rising disposable income, and increased interest in DIY and home décor projects. The increasing use of acrylic paint in commercial applications, such as signage and automotive coatings, is also contributing to market growth. Opportunities for exploration and capture lie in the development of eco-friendly and low-VOC acrylic paints, as well as innovative formulations that offer enhanced durability and performance. Trends in the acrylic paint market suggest a growing preference for water-based paints, driven by environmental concerns and ease of use.

    The increasing popularity of fluid acrylic paints, which offer a wide range of artistic possibilities, is also a notable trend. Moreover, there is a growing demand for acrylic paints with specialized properties, such as metallic, fluorescent, and glow-in-the-dark effects, catering to the needs of artists, designers, and hobbyists.

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    The acrylic paint market is experiencing a notable shift towards eco-friendly formulations, driven by increasing consumer awareness regarding sustainability and environmental impact.

    U.S. Environmental Protection Agency

    Acrylic Paints Market Drivers

    Market Growth Projections

    The Global Acrylic Paint Market Industry is projected to experience substantial growth in the coming years. With an estimated market value of 3.65 USD Billion in 2024, the industry is on track to reach approximately 6.36 USD Billion by 2035. This growth trajectory indicates a compound annual growth rate of 5.18% from 2025 to 2035, reflecting the increasing demand for acrylic paints across various applications. Factors such as technological advancements, environmental considerations, and the expansion of the construction sector are likely to drive this growth, positioning the acrylic paint market as a dynamic and evolving industry.

    Growing Popularity of DIY Projects

    The Global Acrylic Paint Market Industry is experiencing a surge in demand driven by the growing popularity of DIY projects among consumers. As individuals increasingly engage in home improvement and artistic endeavors, the need for user-friendly and versatile paint options becomes paramount. Acrylic paints, known for their ease of use and quick drying properties, are particularly appealing to DIY enthusiasts. This trend is likely to contribute to the market's expansion, as more consumers opt for acrylic paints for various applications, from home decor to craft projects. The rise in DIY culture may further enhance the market's growth potential.

    Expansion of the Construction Sector

    The Global Acrylic Paint Market Industry benefits from the ongoing expansion of the construction sector worldwide. With urbanization and infrastructure development on the rise, there is an increasing need for high-quality paints that offer durability and aesthetic appeal. Acrylic paints are favored in construction due to their versatility and ability to withstand various environmental conditions. As new residential and commercial projects emerge, the demand for acrylic paints is expected to surge. This growth trajectory is likely to propel the market value to approximately 6.36 USD Billion by 2035, reflecting the industry's robust response to construction demands.

    Diverse Applications Across Industries

    The Global Acrylic Paint Market Industry is characterized by its diverse applications across various sectors, including automotive, construction, and arts. Acrylic paints are utilized in automotive coatings due to their durability and resistance to weathering, while in the construction industry, they are favored for their versatility in both interior and exterior applications. Additionally, the arts sector relies heavily on acrylic paints for their vibrant colors and ease of blending. This broad applicability ensures a steady demand for acrylic paints, contributing to the market's resilience and growth prospects in the coming years.

    Rising Demand for Eco-Friendly Products

    The Global Acrylic Paint Market Industry experiences a notable shift towards eco-friendly and sustainable products. As consumers become increasingly aware of environmental issues, manufacturers are responding by developing water-based acrylic paints that emit fewer volatile organic compounds. This trend aligns with global sustainability goals and reflects a growing preference for non-toxic materials in both residential and commercial applications. The demand for eco-friendly acrylic paints is projected to contribute significantly to the market's growth, as consumers prioritize health and environmental safety. This shift may lead to an increase in market value, potentially reaching 3.65 USD Billion in 2024.

    Technological Advancements in Paint Formulation

    Technological advancements in paint formulation significantly influence the Global Acrylic Paint Market Industry. Innovations in polymer chemistry and manufacturing processes have led to the development of superior acrylic paints that offer enhanced performance characteristics, such as improved adhesion, faster drying times, and superior color retention. These advancements not only meet the evolving needs of consumers but also enable manufacturers to differentiate their products in a competitive market. As a result, the market is expected to witness a compound annual growth rate of 5.18% from 2025 to 2035, driven by the continuous introduction of innovative acrylic paint solutions.

    Market Segment Insights

    Acrylic Paint Market Segment Insights

    Acrylic Paint Market Segment Insights

    Acrylic Paint Market Type Insights

    Acrylic Paint Market Type Insights

    The Acrylic Paint Market is segmented by Type into Artist-grade Acrylics, Student-grade Acrylics, Hobbyist-grade Acrylics, and Industrial Acrylics. Artist-grade acrylics are high-quality paints that are characterized by superior lightfastness, pigmentation, and durability. They are specifically developed for professional artists and are more expensive than other types of grading. Student-grade acrylics are designed for beginners and students and offer a good balance between quality and price. Hobbyist-grade acrylics are paints for hobbyists and crafters that may comprise a broad range of colors and finishes. Industrial acrylics are used for various industrial applications, such as automotive coatings, textile printing, construction, and others.

    According to the report, the Acrylic Paint Market revenue for Artist-grade Acrylics will reach $1.2 billion by 2024, increasing at a CAGR of 5.3%. Student-grade Acrylics will reach $0.8 billion by 2024, with a CAGR of 4.8%. Hobbyist-grade Acrylics will amount to $0.6 billion by 2024, with a CAGR of 4.5%. Industrial Acrylics will reach $1.1 billion by 2024, with the highest CAGR of 5.6%. The market is driven by the natural desire to have a hobby and create something nice with one’s own hands.

    The demand is also boosted by the increasing affluence of the general population and rapid growth of the population in the urban areas of developing countries.

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Acrylic Paint Market Finish Insights

    Acrylic Paint Market Finish Insights

    The Finish segment of the Acrylic Paint Market is categorized into Gloss, Matte, Satin, and Metallic. The gloss finish offers a shiny and reflective surface that is popular for creating eye-catching effects. Matte finish provides a flat and non-reflective surface, suitable for achieving a sophisticated and understated look. The satin finish offers a subtle sheen, balancing the glossy and matte finishes, and is often preferred for interior walls and ceilings. The metallic finish imparts a shimmering and reflective effect, ideal for adding a touch of glamour and sophistication to surfaces.

    In 2023, the Gloss finish held the largest market share, accounting for around 35% of the Acrylic Paint Market revenue. The demand for Gloss finish is attributed to its ability to reflect light, creating a visually appealing and vibrant effect. The Matte finish followed closely, capturing approximately 30% of the market share. Its popularity stems from its ability to conceal imperfections and create a smooth, velvety texture. Satin finish and Metallic finish each held around 20% and 15% of the market share, respectively, owing to their versatility and aesthetic appeal.

    The demand for Acrylic Paints with various finishes is expected to continue growing, driven by the increasing use of paints in both residential and commercial applications.

    Acrylic Paint Market Application Insights

    Acrylic Paint Market Application Insights

    The Acrylic Paint Market is segmented by Application into Canvas, Wood, Paper, Fabric, and Glass. Among these, the Canvas segment held the largest market share of 34.2% in 2023 and is estimated to maintain its dominance throughout the forecast period. The growing popularity of acrylic paints for creating artwork on canvas due to their versatility, quick drying time, and vivid colors are driving the growth of this segment. The Paper segment is projected to witness a significant CAGR of 5.5% during the forecast period, owing to the increasing use of acrylic paints in craft projects and decorative applications on paper.

    Acrylic Paint Market Effect Insights

    Acrylic Paint Market Effect Insights

    The Effect segment is an important part of the Acrylic Paint Market. Standard Acrylic Paints: Standard acrylic paints are the most widely used type of acrylic paints. They are made with a water-based acrylic resin and are available in a wide range of colors. Standard acrylic paints are versatile and can be used on a variety of surfaces, including canvas, paper, wood, and metal. Fluorescent Acrylic Paints: Fluorescent acrylic paints are made with a special type of pigment that glows under ultraviolet light.

    They are often used to create special effects for stage and costume design, as well as for fine art. Metallic Acrylic Paints: Metallic acrylic paints are made with a metallic pigment that gives them a shiny, metallic finish. They are often used to create realistic metal effects on surfaces such as canvas, wood, and metal. Phosphorescent Acrylic Paints: Phosphorescent acrylic paints are made with a special type of pigment that glows in the dark after being exposed to light. They are often used to create special effects for stage and costume design, as well as for fine art.

    The Acrylic Paint Market is expected to grow significantly in the coming years, driven by the increasing demand for acrylic paints from various industries, such as the art and craft industry, the automotive industry, and the construction industry.

    Acrylic Paint Market Drying Time Insights

    Acrylic Paint Market Drying Time Insights

    The Drying Time segment plays a crucial role in the Acrylic Paint Market, influencing the usability and efficiency of the paints. Fast-drying Acrylic Paints are gaining significant traction owing to their ability to dry within minutes or hours, enabling quick project completion. This segment is estimated to account for approximately 42.5% of the Acrylic Paint Market revenue in 2024, driven by their convenience and time-saving advantages. Regular-drying Acrylic Paints offer a balance between drying time and workability, making them suitable for various applications. This segment is projected to hold a share of around 33.7% in 2024.

    Slow-drying Acrylic Paints, while less popular, cater to specific artistic techniques such as glazing and blending and are expected to contribute a share of around 23.8% in 2024.

    Get more detailed insights about Acrylic Paints Market

    Regional Insights

    The regional segmentation of the Acrylic Paint Market offers valuable insights into the market's dynamics and growth potential. North America is expected to dominate the market, contributing a significant share of the Acrylic Paint Market revenue. The region's well-established art and craft industry, coupled with the presence of major manufacturers, drives market growth. Europe follows closely, with a substantial market share driven by a strong artistic heritage and a growing demand for acrylic paints in various industries. APAC is witnessing rapid market growth due to the burgeoning art and craft sector in countries like China and India.

    South America and MEA are emerging markets with promising growth prospects, driven by increasing disposable income and a growing appreciation for art. These regional insights provide a comprehensive understanding of the market landscape and help stakeholders identify opportunities for expansion and growth.

    Acrylic Paint Market Regional Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Key Players and Competitive Insights

    Major players in the Acrylic Paint Market industry are focusing on expanding their product portfolio by introducing new and innovative products. Leading Acrylic Paint Market players are also investing in research and development activities to enhance the quality of their products. The Acrylic Paint Market industry is expected to witness significant growth in the coming years, owing to the increasing demand for acrylic paints in various applications. The competitive landscape of the Acrylic Paint Market is characterized by the presence of several and regional players.

    Some of the key players in the market include Liquitex, Golden Artist Colors, Inc., Winsor & Newton, Daler-Rowney, and Reeves. These companies are constantly innovating and introducing new products to meet the evolving needs of their customers. Liquitex is a leading Acrylic Paint Market player that offers a wide range of acrylic paints for artists of all levels. The company's products are known for their high quality and durability. Liquitex also offers a variety of educational resources and workshops to help artists learn more about acrylic painting. Golden Artist Colors, Inc. is another leading player in the Acrylic Paint Market.

    The company's products are known for their vibrant colors and archival quality. Golden Artist Colors, Inc. also offers a wide range of specialty products, such as iridescent paints and pouring mediums. Winsor & Newton is a well-known Acrylic Paint Market player that has been producing high-quality art supplies for over 150 years. The company's acrylic paints are known for their rich colors and smooth consistency. Winsor & Newton also offers a variety of other art supplies, such as brushes, canvases, and papers.

    Daler-Rowney is a leading Acrylic Paint Market player that offers a wide range of art supplies for artists of all levels. The company's acrylic paints are known for their affordability and ease of use. Daler-Rowney also offers a variety of other art supplies, such as pencils, charcoal, and pastels. Reeves is a leading Acrylic Paint Market player that offers a wide range of art supplies for artists of all levels. The company's acrylic paints are known for their bright colors and good coverage. Reeves also offers a variety of other art supplies, such as brushes, canvases, and papers.

    Key Companies in the Acrylic Paints Market market include

    Industry Developments

    • Q2 2024: PPG Launches Next-Generation Acrylic Paints for Automotive Refinish Market PPG Industries announced the launch of a new line of next-generation acrylic paints designed for the automotive refinish market, featuring improved durability and faster drying times. The company stated that the new products are aimed at meeting stricter environmental regulations and customer demand for high-performance coatings.
    • Q2 2024: AkzoNobel opens new €20 million research center for decorative paints in the Netherlands AkzoNobel inaugurated a €20 million research and development center focused on decorative paints, including acrylic formulations, in Sassenheim, the Netherlands. The facility will accelerate innovation in sustainable and high-performance paint technologies.
    • Q3 2024: Sherwin-Williams Expands Water-Based Acrylic Paint Production in Ohio Facility Sherwin-Williams announced the expansion of its Ohio manufacturing facility to increase production capacity for water-based acrylic paints, citing growing demand for eco-friendly coatings in North America.
    • Q3 2024: Nippon Paint Acquires Stake in Indian Acrylic Paint Manufacturer Shalimar Paints Nippon Paint acquired a minority stake in Shalimar Paints, an Indian manufacturer known for its acrylic paint products, as part of its strategy to expand its presence in the South Asian decorative paints market.
    • Q4 2024: BASF Launches Low-VOC Acrylic Paints for Commercial Construction Sector BASF introduced a new range of low-VOC (volatile organic compound) acrylic paints targeting the commercial construction sector, aiming to address increasing regulatory requirements and sustainability goals.
    • Q4 2024: PPG Completes Acquisition of Specialty Acrylic Paints Producer in Brazil PPG completed the acquisition of a specialty acrylic paints manufacturer based in Brazil, strengthening its portfolio and distribution network in the Latin American market.
    • Q1 2025: Axalta Coating Systems Announces $100 Million Investment in New Acrylic Paints Plant in Mexico Axalta Coating Systems revealed plans to invest $100 million in a new manufacturing plant in Mexico dedicated to the production of acrylic paints for automotive and industrial applications.
    • Q1 2025: AkzoNobel and BYD Partner to Develop Sustainable Acrylic Paints for Electric Vehicles AkzoNobel entered into a partnership with Chinese electric vehicle manufacturer BYD to co-develop sustainable acrylic paint solutions tailored for EV production lines.
    • Q2 2025: RPM International Appoints New Head of Acrylic Paints Division RPM International announced the appointment of a new division head to lead its global acrylic paints business, focusing on innovation and market expansion.
    • Q2 2025: Asian Paints Launches Premium Acrylic Emulsion Paint for Luxury Interiors Asian Paints launched a new premium acrylic emulsion paint designed for luxury interior applications, featuring enhanced color retention and washability.

    Future Outlook

    Acrylic Paints Market Future Outlook

    The Global Acrylic Paint Market is projected to grow at a 5.17% CAGR from 2025 to 2035, driven by increasing demand in construction, automotive, and art sectors.

    New opportunities lie in:

    • Develop eco-friendly acrylic paint formulations to meet sustainability trends.
    • Leverage digital marketing strategies to enhance brand visibility and customer engagement.
    • Expand distribution channels through e-commerce platforms to reach broader consumer bases.

    By 2035, the market is expected to exhibit robust growth, reflecting evolving consumer preferences and technological advancements.

    Market Segmentation

    Acrylic Paint Market Type Outlook

    • Artist-grade Acrylics
    • Student-grade Acrylics
    • Hobbyist-grade Acrylics
    • Industrial Acrylics

    Acrylic Paint Market Effect Outlook

    • Standard Acrylic Paints
    • Fluorescent Acrylic Paints
    • Metallic Acrylic Paints
    • Phosphorescent Acrylic Paints

    Acrylic Paint Market Finish Outlook

    • Gloss
    • Matte
    • Satin
    • Metallic

    Acrylic Paint Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Acrylic Paint Market Application Outlook

    • Canvas
    • Wood
    • Paper
    • Fabric
    • Glass

    Acrylic Paint Market Drying Time Outlook

    • Fast-drying Acrylic Paints
    • Regular-drying Acrylic Paints
    • Slow-drying Acrylic Paints

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 3.65 (USD Billion)
    Market Size 2025 3.84 (USD Billion)
    Market Size 2035 6.36 (USD Billion)
    Compound Annual Growth Rate (CAGR) 5.17% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2020 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Turner Colour Works, Masterson, Daniel Smith, Winsor Newton, Utrecht, Shiva Paints, Grumbacher, Amsterdam Acrylics, Chroma Acrylics, Golden Artist Colors, Da Vinci Paints, M. Graham, DalerRowney, Liquitex, Sennelier
    Segments Covered Type, Finish, Application, Effect, Drying Time, Regional
    Key Market Opportunities Growing demand for acrylic paints in hobby and craft applications Rising use of acrylic paints in commercial and industrial settings Increasing adoption of acrylic paints in architectural and decorative applications Expanding ecommerce platforms and online art supplies Innovations in acrylic paint formulations and application methods
    Key Market Dynamics Rising demand for high-quality paints Growth in construction industries Technological advancements Increasing art and craft activities Shift towards sustainable paints
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What is the size of the Acrylic Paint Market?

    Acrylic Paints Market is projected to register a CAGR of 5.17% from 2025-2035

    Which region is expected to dominate the Acrylic Paint Market?

    Asia Pacific is expected to dominate the Acrylic Paint Market, accounting for the largest market share during the forecast period. The growing demand for acrylic paints in the construction and automotive industries in the region is driving the market growth.

    What are the key applications of Acrylic Paint?

    Acrylic paints are widely used in various applications, including canvas painting, illustration, graphic design, and mural painting. They are also used in the automotive and construction industries for decorative and protective purposes.

    Who are the key competitors in the Acrylic Paint Market?

    Major players in the Acrylic Paint Market include Liquitex, Golden Artist Colors, Winsor Newton, Daler-Rowney, and Holbein. These companies offer a wide range of acrylic paints to cater to the diverse needs of artists and professionals.

    What are the growth factors driving the Acrylic Paint Market?

    The growth of the Acrylic Paint Market is driven by factors such as the increasing popularity of acrylic paints among artists and hobbyists, the rising demand for acrylic paints in the construction and automotive industries, and the growing disposable income in emerging economies.

    What are the challenges faced by the Acrylic Paint Market?

    The Acrylic Paint Market faces challenges such as the volatility in raw material prices, the availability of substitutes, and the impact of environmental regulations on the production and disposal of acrylic paints.

    What is the impact of COVID-19 on the Acrylic Paint Market?

    The COVID-19 pandemic had a negative impact on the Acrylic Paint Market in the short term due to lockdowns and disruptions in supply chains. However, the market is expected to recover in the long term as demand for acrylic paints rebounds.

    What are the future trends in the Acrylic Paint Market?

    Future trends in the Acrylic Paint Market include the growing adoption of sustainable and eco-friendly acrylic paints, the development of new and innovative acrylic paint formulations, and the increasing use of acrylic paints in digital art and design.

    What is the regulatory landscape of the Acrylic Paint Market?

    The regulatory landscape of the Acrylic Paint Market varies by country and region. Governments are implementing regulations to ensure the safety and environmental sustainability of acrylic paints.

    What is the forecast for the Acrylic Paint Market?

    Acrylic Paints Market is expected to grow with a CAGR of 5.17% in the period 2025-2035

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