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Architectural Paints Coating Market
ID: MRFR/CnM/40042-HCR
111 Pages
October 2025
Global Architectural Paints and Coatings Market Research Report: By Application (Residential, Commercial, Industrial, Infrastructure), By Type (Interior Paints, Exterior Paints, Primers, Sealers), By Substrate (Concrete, Wood, Metal, Plaster), By Formulation (Water-based, Solvent-based, Powder Coatings, Acrylic) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035
Industry Developments
Recent developments in the Global Architectural Paints and Coatings Market reflect various trends and shifts among prominent players such as Hempel, RPM International, Kansai Paint, Asian Paints, Nippon Paint, Sika, DuluxGroup, BASF, PPG Industries, Valspar, Royal Paints, Beckers Group, AkzoNobel, Sherwin-Williams, and Benjamin Moore. There has been notable growth in market valuation attributed to increased construction activities and rising demand for eco-friendly and innovative coatings. Companies are embracing sustainability practices, focusing on low-VOC and water-based formulations to cater to consumer preferences. Recent acquisition activities point towards consolidation in the sector, with strategic mergers aimed at enhancing market presence and expanding product offerings. For example, Sherwin-Williams has been active in acquiring regional competitors to strengthen its distribution and product lines. Additionally, Nippon Paint is pursuing partnerships to enhance its technological capabilities in coatings. Overall, the competitive landscape is evolving, characterized by innovation, sustainability, and strategic alliances among key market players set against a backdrop of varying economic conditions globally.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2023 | 191.33(USD Billion) |
| MARKET SIZE 2024 | 198.06(USD Billion) |
| MARKET SIZE 2035 | 290.0(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.52% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Hempel, RPM International, Kansai Paint, Asian Paints, Nippon Paint, Sika, DuluxGroup, BASF, PPG Industries, Valspar, Royal Paints, Beckers Group, AkzoNobel, SherwinWilliams, Benjamin Moore |
| SEGMENTS COVERED | Application, Type, Substrate, Formulation, Regional |
| KEY MARKET OPPORTUNITIES | Sustainable and eco-friendly products, Smart coatings for energy efficiency, Growing demand for custom colors, Expansion in emerging markets, Increased DIY home improvement trends |
| KEY MARKET DYNAMICS | Sustainable product demand, Growing renovation activities, Technological advancements, Increasing urbanization, Rise in disposable income |
| COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
FAQs
What is the expected market size of the Global Architectural Paints and Coatings Market in 2024?
The Global Architectural Paints and Coatings Market is expected to be valued at 198.06 USD Billion in 2024.
What is the projected CAGR for the Global Architectural Paints and Coatings Market from 2025 to 2035?
The market is projected to have a CAGR of 3.52% from 2025 to 2035.
Which application segment is anticipated to have the highest market value in 2024?
The Residential segment is anticipated to be valued at 70.0 USD Billion in 2024.
What will be the market size for the Commercial application segment in 2035?
The Commercial application segment is expected to be valued at 75.0 USD Billion in 2035.
Which region will dominate the Global Architectural Paints and Coatings Market in 2024?
North America is expected to dominate the market with a value of 60.0 USD Billion in 2024.
What is the expected market size for the APAC region in 2035?
The APAC region is projected to reach a market size of 90.0 USD Billion by 2035.
Who are some of the key players in the Global Architectural Paints and Coatings Market?
Key players include Hempel, RPM International, Kansai Paint, and Asian Paints among others.
What is the expected market value for the Industrial application segment in 2024?
The Industrial application segment is expected to be valued at 40.0 USD Billion in 2024.
What challenges are the Global Architectural Paints and Coatings Market expected to face?
The market may face challenges such as fluctuating raw material prices and environmental regulations.
What is the projected market size for the Infrastructure application segment in 2035?
The Infrastructure application segment is projected to reach a market size of 55.0 USD Billion by 2035.
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