Introduction | Paints and Coatings Market Overview
The market is projected to increase from USD 185.74 billion in 2025 to USD 223.49 billion by 2030, driven by steady construction activity, renovation cycles, infrastructure investments, and rising demand for low-emission finishes. The global paints and coatings market continues to show stable volume growth despite raw-material cost volatility and evolving regulatory conditions, supported further by affordable housing expansion in Asia-Pacific and public infrastructure spending in North America
Paints and Coatings Market Trends
Rising Use of Low-VOC and Water-Borne Formulations
One of the most visible trends in the paints and coatings market is the move toward water-borne products. These formulations are favored in residential, commercial and public projects because they help meet indoor-air quality requirements and often qualify for green-building credits.
Stable Demand from Residential Construction
Global homebuilding is playing a central role in supporting paints and coatings consumption. Infrastructure programs—such as federally supported road, bridge, and public facility projects—require a wide mix of decorative and protective coatings.
Growth in Automotive and Industrial Production
Automotive production has been recovering, especially across China, India and Southeast Asia. Car manufacturers are increasingly using water-borne basecoats and finishes that reduce emissions and offer faster cycle times.
Urban Expansion Across Asia-Pacific
Rapid urban migration across India, Indonesia, the Philippines and Vietnam is fueling demand for both decorative and high-performance coatings. High-rise building activity, data-center expansion, and coastal development projects are generating need for moisture-resistant, UV-resistant and corrosion-control coatings.
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Paints and Coatings Market Categorization
By Resin Type
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Acrylic resins remain the largest category due to their weather resistance, durability, and suitability for water-borne systems.
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Alkyd coatings continue to serve specific metal and wood-finishing uses but face pressure from raw-material cost swings.
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Epoxy resins maintain solid demand in areas requiring tough protective barriers, such as industrial and marine environments.
By Technology
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Water-borne coatings hold the largest share and continue to expand as countries introduce stricter emissions caps.
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Solvent-borne coatings remain relevant in extreme environments but encounter rising regulatory pressures.
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Powder coatings are gaining popularity in metal furniture, appliances and general industrial applications.
By End-User Industry
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Architectural coatings remain the dominant segment, strongly influenced by homebuilding, repaint cycles and improved durability of premium finishes.
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Automotive coatings benefit from rising vehicle production and the shift to lighter, more efficient coating processes.
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Protective and industrial coatings maintain steady demand from sectors like infrastructure, marine, and heavy equipment.
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Leading Companies in the Paints and Coatings Market
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Akzo Nobel N.V.
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Asian Paints
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Axalta Coating Systems Ltd.
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BASF
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Beckers Group
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Benjamin Moore & Co.
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Berger Paints India
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Chugoku Marine Paints, Ltd.
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DAW SE
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Hempel A/S
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Jazeera Paints
Future Outlook for the Paints and Coatings Market
The paints and coatings market is on track for consistent growth through 2030, supported by continuous construction activity, expansion in automotive output and a global shift toward environmentally compliant formulations. As building codes tighten and buyers focus more on indoor-air quality, water-borne and low-VOC paints will remain central to product strategies.
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