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The United States Paints and Coatings Market Report Segments the Industry by Resin Type (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, and Other Resin Types), Technology (Water-Borne, Solvent-Borne, Powder Coating, and UV Technology), Distribution Channel (Company-Owned Stores, Independent Paint Dealers, and More), and End-User Industry (Architectural, Automotive, Wood, Protective Coatings, General Industrial, and More).
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TwitterIn 2024, the market value of the paint and coatings industry in the United States was estimated at approximately ***** billion U.S. dollars. It is forecast that the industry will reach a market value of some ***** billion dollars in 2025.
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The North American Paints and Coatings Market Report is Segmented by Resin Type (Acrylics, Alkyd, Epoxy, Polyurethane, and Other Resin Types), Technology (Water-Borne, Solvent-Borne, and UV-Cured Coating), End-User Industry (Architectural, Automotive, Protective Coating, General Industrial, Transportation, and Packaging), and Geography (United States, Canada, and Mexico). The Market Forecasts are Provided in Terms of Value (USD).
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The global paints and coatings market size is projected to grow from USD 290.28 billion in 2025 to USD 385.01 billion by 2033, exhibiting a CAGR of 4.5%.
Report Scope:
| Report Metric | Details |
|---|---|
| Market Size in 2024 | USD 267.54 Billion |
| Market Size in 2025 | USD 290.28 Billion |
| Market Size in 2033 | USD 385.01 Billion |
| CAGR | 4.5% (2025-2033) |
| Base Year for Estimation | 2024 |
| Historical Data | 2021-2023 |
| Forecast Period | 2025-2033 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
| Segments Covered | By Resin Type,By Technology,By Application,By Region. |
| Geographies Covered | North America, Europe, APAC, Middle East and Africa, LATAM, |
| Countries Covered | U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia, |
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Paints And Coatings Market Size 2025-2029
The paints and coatings market size is valued to increase USD 42.05 billion, at a CAGR of 4.3% from 2024 to 2029. Growing real estate and construction industry will drive the paints and coatings market.
Major Market Trends & Insights
APAC dominated the market and accounted for a 52% growth during the forecast period.
By Technology - Water-based segment was valued at USD 76.13 billion in 2023
By Resin Type - Acrylic resins segment accounted for the largest market revenue share in 2023
Market Size & Forecast
Market Opportunities: USD 37.77 billion
Market Future Opportunities: USD 42.05 billion
CAGR from 2024 to 2029 : 4.3%
Market Summary
The market encompasses the production, sale, and application of various types of paints, coatings, and related products. This dynamic market is driven by several key factors, including the expanding real estate and construction industry, which accounts for a significant portion of demand. Another major trend is the increasing adoption of UV-curable coatings, offering advantages such as faster drying times and improved durability. However, regulations on high emissions of volatile organic compounds (VOC) pose challenges to market growth. According to a recent study, the UV-curable coatings segment is projected to expand at a steady rate, accounting for over 20% of the overall market share by 2025. This underscores the continuous evolution of the market, as technological advancements and regulatory requirements shape its future trajectory.
What will be the Size of the Paints And Coatings Market during the forecast period?
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How is the Paints And Coatings Market Segmented ?
The paints and coatings industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TechnologyWater-basedSolvent-basedOthersResin TypeAcrylic resinsEpoxy resinsPolyurethane resinsAlkyd resinsOthersEnd-user IndustryArchitecturalAutomotiveWoodProtective CoatingsGeneral IndustrialTransportationPackaging CoatingsProductRadiation Cured CoatingsPowder CoatingsWaterborne CoatingsSolvent-Borne CoatingsGeographyNorth AmericaUSCanadaEuropeFranceGermanyUKAPACAustraliaChinaIndiaJapanSouth AmericaBrazilRest of World (ROW)
By Technology Insights
The water-based segment is estimated to witness significant growth during the forecast period.
Water-based paints and coatings constitute a significant segment of the global coatings market, driven by their eco-friendly properties and increasing demand for low volatile organic compound (VOC) products. Currently, approximately 40% of the global coatings market is dominated by water-based paints and coatings. In terms of applications, industrial sectors such as automotive and architecture account for over 60% of the market share. Moreover, advancements in technology have led to the emergence of various types of water-based coatings, including high-performance coatings, powder coatings, and UV curing coatings. For instance, high-performance coatings offer enhanced durability and resistance to chemicals and weathering. Powder coatings provide superior coating thickness and are widely used in the automotive industry for their ability to produce a smooth and uniform finish. UV curing coatings, on the other hand, offer faster curing times and lower energy consumption. Furthermore, technological advancements in coating application methods, such as electrostatic coating and airless spray painting, have facilitated the efficient and cost-effective production of water-based paints and coatings. Additionally, surface preparation techniques, like pigment dispersion and crosslinking reactions, have led to improved coating adhesion and durability. Looking ahead, the market for water-based paints and coatings is expected to grow at a steady pace, with an estimated 35% of the total coatings demand coming from this segment by 2025. Factors contributing to this growth include increasing environmental regulations, advancements in technology, and the expanding applications of water-based coatings in various industries. In terms of specific applications, the automotive industry is projected to remain the largest consumer of water-based coatings, with a market size of around USD35 billion by 2025. Similarly, the architecture sector is expected to grow at a CAGR of over 5% during the forecast period, driven by the increasing demand for energy-efficient and eco-friendly coatings. In conclusion, the water-based the market is a dynamic and evolving industry, driven by technological advancements, regulatory pressures, and growing demand for eco-friendly and high-performance coatings. With a focus on innovation and
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US Paints & Coatings Market stood at USD 21.95 billion in 2023 & expected to project growth in the forecast period with a CAGR of 3.55% through 2028.
| Pages | 86 |
| Market Size | |
| Forecast Market Size | |
| CAGR | |
| Fastest Growing Segment | |
| Largest Market | |
| Key Players |
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The Latin America Paints and Coatings Market Report is Segmented by Resin Type (Acrylics, Epoxy, Alkyd, Polyester, Polyurethane, and More), Technology (Water-Borne, Solvent-Borne, Powder Coating, UV Cured), End-User Industry (Architectural, Industrial, Automotive, Wood, and More), and Geography (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Rest of South America). The Market Forecasts are Provided in Terms of Value (USD).
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The US Paints and Coatings Market size was valued at USD 27550 Million in 2023 and is projected to reach USD 39620 Million by 2032, exhibiting a CAGR of 4.00">> 4.00 % during the forecast periods. The paints and coatings market of the US would grow further due to growing construction, automobile, and industrial sectors. These coatings exhibit good adhesion, durability, and resistance to climatic and other environmental factors. Typical uses are residential and commercial buildings, auto parts, and industrial equipment. The segmentation of the market is based on: by type, architectural, industrial, and specialty coatings; and by technology: solvent-borne, water-borne, and powder coatings. Advancements in technology are focused on eco-friendly formulations and high-performance characteristics. This will connote improved protection and aesthetic coatings on the surface, which contributed to long life and better performance. Growth and innovation are boosted by advantages of compliance with stricter environmental legislation, reduced maintenance, and rise in demand in the market. Recent developments include: January 2023: BYK, a global manufacturer of specialty chemicals, expanded its production facility in Shanghai. The total investment of the phase II project (SCIP II) covers an area of 1.16 hectares, and the site is designed for an annual capacity of 4,750 tons. BYK is significantly expanding its production capacity in China and expanding its coatings business., November 2022: Sherwin-Williams announced the expansion of the Sheffield paint production facility with a Euro 10 million investment and the relocation of paint production from Europe to the UK. By integrating processes and lowering freight, the investment would increase Sherwin-Williams' capacity to supply the UK and Europe. It will also assist the company in lowering its carbon footprint.. Key drivers for this market are: Increasing Commercial Construction Activities in the United States, Other Drivers. Potential restraints include: Fluctuations in the prices of Raw materials, Other Restraints. Notable trends are: Acrylic Resin Dominating the Market.
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The U.S. Paints and Coatings report provides a detailed analysis of emerging investment pockets, highlighting current and future market trends. It offers strategic insights into capital flows and market shifts, guiding investors toward growth opportunities in key industry segments and regions.
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The South America Paints and Coatings Report is Segmented by Resin Type (Acrylics, Epoxy, Alkyd, Polyester, and More), Technology (Water-Borne, Solvent-Borne, Powder, and More), End-User Industry (Architectural, Automotive, Industrial Wood, Industrial General, General Industrial, and More), and Geography (Brazil, Argentina, Chile, Colombia, Peru, and Rest of South America). The Market Forecasts are Provided in Terms of Value (USD).
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TwitterThe market value of the paint and coatings industry worldwide reached approximately ****** billion U.S. dollars. It is forecast that by 2032 the sector’s market value will surpass ****** billion U.S. dollars. Paint and coatings companies Sherwin-Williams and PPG industries are the two top players in the global paint and coatings industry. In 2021, each company had a market share of approximately **** percent. The two paints and coatings suppliers are based in the United States. Sherwin-Williams is headquartered in Ohio, whereas PPG Industries’ headquarters are located in Pittsburg, Pennsylvania. Other important paint and coatings companies worldwide include the Dutch multinational AkzoNobel and Japanese manufacturer Nippon Paint. Paint and coatings: a major subset of the chemical industry The paint and coatings industry is broad and dynamic. Paints and coatings are extensively used in building and construction, as well as in a wide variety of industries. These include finishes for automobiles and other transportation equipment, medical products, and wood and non-wood furniture, among others. Research and development in the field is extensive and focuses on coatings with highly specialized applications. Solar panel coatings, self-cleaning paint, and anti-microbial coatings are a few examples.
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The Paints and Coatings Report is Segmented by Resin (Acrylic, Alkyd, Polyurethane, Epoxy, and More), Technology (Water-Borne, Solvent-Borne, Powder Coating, and UV-Cured Coating), End-User Industry (Architectural, Automotive, Wood, Protective Coating, and More), and Geography (Asia-Pacific, North America, Europe, South America, Middle-East, and Africa). The Market Forecasts are Provided in Terms of Value (USD).
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The U.S. Paints & Coatings Market size was valued at USD 24.8 billion in 2023 and is projected to reach USD 31.98 billion by 2032, exhibiting a CAGR of 3.7 % during the forecasts period. The U. S. Paints & Coatings Market refers to the products used in order to provide a shield or a covering to the surface and to embellish the same. This market covers architectural coating for residential and non-residential buildings, industrial coatings for equipment and machinery, and automotive and aerospace specialty coatings. Some of the key factors which have an impact on the growth of coatings cover the environmental consciousness, which call for low-VOC coating products, new technologies that enable the development of better and long-lasting coatings, and expansion of construction and automobile businesses. As for the challenges and trends, more specific emphasis is an effort to develop sustainable products and solutions to conform to legal requirements and to respond to consumers’ demand for green goods. The market can be described as a competitive market which comprises of giant companies including PPG Industries, Sherwin-Williams and RPM International.
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US Paints & Coatings Market - Paints & Coatings Market, Share, Future, Analysis By Resin Type (Acrylic), By Technology (Water-Based Technology), Forecast & Opportunities.
| Pages | 80 |
| Market Size | |
| Forecast Market Size | |
| CAGR | |
| Fastest Growing Segment | |
| Largest Market | |
| Key Players |
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Paints And Coatings Market valued at US$ 202.6 Bn in 2025, is anticipated to reaching US$ 256.02 Bn by 2032, with a steady annual growth rate of 3.4%.
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Paints & Coatings Market Explore the latest trends and forecasts in the paint industry and discover key drivers, players, and innovations.
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In US Paints and Coatings Market, offering valuable insights, key market trends, competitive landscape, and future outlook to support strategic decision.
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The U.S. paint and coating market was estimated at $29.6B in 2024, stabilizing at the previous year. The market value increased at an average annual rate of +1.9% over the period from 2013 to 2024; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when the market value increased by 8.7%.
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The North America paints and coatings market size attained a value of USD 42.43 Billion in 2024. The market is expected to grow at a CAGR of 3.60% between 2025 and 2034, reaching almost USD 60.43 Billion by 2034.
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The United States Paints and Coatings Market Report Segments the Industry by Resin Type (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, and Other Resin Types), Technology (Water-Borne, Solvent-Borne, Powder Coating, and UV Technology), Distribution Channel (Company-Owned Stores, Independent Paint Dealers, and More), and End-User Industry (Architectural, Automotive, Wood, Protective Coatings, General Industrial, and More).