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).

In 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.

In 2024, architectural coatings were estimated to account for ** percent of the paint and coatings market value in the United States. OEM and special purpose coatings had a market share of ** and ** percent, respectively. That year, the U.S. paints and coatings market value was estimated at around **** billion U.S. dollars.

US Paints and Coatings Market earned USD 33.4 billion in 2024 and estimated to touch USD 47.5 billion in 2032 and will grow at a CAGR of 4.5% from 2025-2032

The North America Paints And Coatings Market report segments the industry into Resin Type (Acrylics, Alkyd, Epoxy, Polyester, Polyurethane, Other Resin Types), Technology (Water-borne, Solvent-borne, Powder Coating, UV-cured Coating), End-User (Architectural, Automotive, Wood, Protective Coatings, General Industrial, Transportation, Packaging) and Geography (United States, Canada, Mexico, Rest of North America).

The U.S. Paints and Coatings Marketsize was valued at USD 19.01 USD Billion in 2023 and is projected to reach USD 26.93 USD Billion by 2032, exhibiting a CAGR of 5.1 % during the forecast period.The pain͏t is a liquid mixtur͏e that turns into a͏ solid l͏ayer after being applied to ͏the surface͏. A coating is cover applied for decorative and prote͏ctive purposes͏. ͏Enamel͏s, varnishes, emul͏sions͏, and bituminou͏s subst͏ances ͏fall under͏ organic a͏nd ino͏rganic co͏atings. Coat͏ings provide essential protection to objects,͏ gu͏arding them against h͏arm from fa͏ctors like r͏ust, scratche͏s ͏extreme temperatures chemicals sunlight water and germs͏. The U.S. ͏paint and coati͏ng͏s market are growing due to͏ increased demand from construction automotive a͏nd industrial sectors Im͏pr͏ovements in sustai͏nable high-performance coati͏ngs alo͏ng with increasing urbanization infrastructure de͏velopment͏ con͏tribute to the market's growth. Recent developments include: February 2022- The Sherwin-Williams Company acquired AquaSurTech, solidifying Sherwin-Williams' position as a major producer of coating solutions in the building materials sector. AquaSurTech has concentrated on researching, manufacturing, and distributing long-lasting, eco-friendly paints and coatings for the vinyl/PVC building products business., October 2021- PPG's COMEX brand introduced the Comex VINIMEX TOTAL Antiviral and Antibacterial paint. The new treatment kills up to 99.9% of the bacteria and viruses that cause the most prevalent gastrointestinal and respiratory infections., June 2021- PPG acquired Tikkurila, a Nordic paints and coatings company. This acquisition would help PPG expand its paint and coatings options, including Tikkurila’s environment-friendly decorative products and high-quality industrial coatings.. Key drivers for this market are: Expanding Packaging Industry to Propel the Market Growth. Potential restraints include: Need for More Drying Time for Water-based Coatings May Hinder Market Growth. Notable trends are: Rising Emphasis on Environmentally Sustainable Iron Production to Create New Growth Opportunities.

The market value of paints and coatings industry in North America was around **** billion U.S. dollars in 2023. It is forecast that this market value will increase to roughly **** billion U.S. dollars by 2031. Additional information on the global paints and coatings market can be found here.

North America Paint & Coatings market size is USD 77005.68 Million in 2024 and will expand at a compound annual growth rate (CAGR) of 1.8% from 2024 to 2031.

In 2019, the ten largest paint and coatings manufacturers accounted for more than ** percent of the market's revenue in North America. Sherwin Williams had the highest market share in the region, with **** percent. PPG Industries followed closely, with almost ** percent.

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.

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Market Size
Forecast Market Size
CAGR
Fastest Growing Segment
Largest Market
Key Players

The U.S. paint and coating market totaled $29.6B in 2024, remaining constant against the previous year. The market value increased at an average annual rate of +1.9% from 2013 to 2024; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when the market value increased by 8.7%.

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.

The Non-Commercial Acrylic Paint Industry Expansion in the United States is estimated at a 4.5% CAGR through 2034. In 2024, the non-commercial acrylic paint industry size in the United States stands at USD 299.3 million. The industry’s valuation can reach USD 466.5 million by 2034.

Attributes	Details
Industry Size of United States in 2024	USD 299.3 million
Expected Industry Size of United States by 2034	USD 466.5 million
Forecasted CAGR between 2024 to 2034	4.5%

Category-wise insights

Leading Type of Non-commercial Acrylic Paint in the United States	Heavy-body Acrylics
Total Value Share (2024)	61.8%

Leading Application of Non-commercial Acrylic Paint in the United States	Canvas
Total Value Share (2024)	34%

Region-wise Insights

Countries	Value CAGR (2024 to 2034)
Northeast United States	26.3%
Southeast United States	19.7%
Southwest United States	14.5%
Midwest United States	17.2%
West United States	22.3%

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).

The Paints And Coatings Market report segments the industry into Resin (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, Other Resins), Technology (Water-Borne Coatings, Solvent-Borne Coatings, Powder Coatings, UV-cured Technologies), End-User Industry (Architectural, Automotive, Wood, Protective Coatings, General Industrial, Transportation, Packaging Coatings) and Geography (Asia-Pacific, North America, Europe, and more).

Paint manufacturers have faced a rollercoaster of changes in recent years, marked by significant revenue fluctuations and evolving business strategies. The pandemic-induced economic downturn in 2020 dampened demand for industrial coatings as production came to a near-halt, yet low interest rates simultaneously drove homebuying, aiding the architectural coatings segment. Later, the economic recovery brought about ramped-up industrial production and enhanced demand, giving the industry a much-needed boost and generating substantial revenue increases in 2021 and 2022. Revenue fell in 2023 and 2024 due to plunging residential construction activity resulting from higher interest rates. Simultaneously, rising purchase and R&D costs have recently put downward pressure on profit. In recent years, paint manufacturers have navigated myriad shifts. The trend towards eco-friendly products, including water-based paints and low VOC alternatives, has bolstered consumer interest and pushed companies to innovate rapidly. The industry's anticipated consolidation has slowed, as smaller companies have kept pace by focusing on niche markets such as automobile or infrastructure coatings. Many companies have strategically pursued mergers and acquisitions to maintain a competitive advantage despite these conditions. Overall, revenue for paint manufacturers has inched upward at a CAGR of 1.4% over the past five years, reaching $34.2 billion in 2025. This includes a 0.4% rise in revenue in that year. Tariffs introduced by the Trump administration are creating significant uncertainty and challenges for US paint manufacturers, especially given their reliance on materials and markets in Canada, Mexico and China. The resulting higher costs and supply chain disruptions, alongside retaliatory tariffs, are likely to constrain exports and revenue while increasing operating expenses in the near future. Although demand from industrial and residential sectors should be boosted by stable long-term economic growth and infrastructure spending, ongoing political uncertainty and potential changes to federal funding could destabilize these gains. Meanwhile, e-commerce and consumer demand for personalized paint are transforming manufacturers’ operations, with larger players better poised to adapt because of their resources and reputations. Smaller firms may need to specialize in niche products to compete. Overall, revenue for paint manufacturers is forecast to mount at a CAGR of 2.1% over the next five years, reaching $38.0 billion in 2030.

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.

The US paints and coatings market, a significant segment of the global industry, is experiencing robust growth, driven by factors such as increasing construction activity, rising demand from the automotive sector, and a growing focus on infrastructure development. The market's considerable size, coupled with a Compound Annual Growth Rate (CAGR) exceeding 4%, signifies substantial investment opportunities. Key segments like architectural coatings continue to dominate, propelled by residential and commercial construction projects. However, the automotive and protective coatings segments also exhibit promising growth potential, fueled by the increasing production of vehicles and the rising need for corrosion prevention in various industries. Technological advancements towards water-borne and powder coating solutions are gaining traction due to their environmentally friendly nature and enhanced performance characteristics. While raw material price fluctuations and stringent environmental regulations pose challenges, the market's resilience is underscored by continuous innovation in product development and the adoption of sustainable manufacturing practices. Major players, including established multinational corporations and regional paint manufacturers, are actively engaged in strategic expansions, mergers, and acquisitions to strengthen their market position and capitalize on the growing demand. The market's regional distribution reveals a strong concentration in urban centers and industrial hubs, although growth is projected across various regions due to ongoing infrastructure projects and rising disposable incomes. The forecast period of 2025-2033 promises continued expansion, with projections indicating substantial market value increases year over year. The competitive landscape is highly fragmented, with both global giants and regional players vying for market share. The success of companies hinges on factors like product innovation, brand recognition, distribution networks, and the ability to cater to specific market needs. The increasing demand for specialized coatings, such as those with enhanced durability, fire resistance, or anti-microbial properties, presents an opportunity for manufacturers to differentiate their offerings. Further growth is expected through strategic partnerships, technological collaborations, and investment in research and development to meet the ever-evolving demands of consumers and industry professionals. The market is characterized by continuous innovation, with new technologies and formulations emerging to address environmental concerns and performance requirements. This ongoing evolution is crucial for maintaining the market’s positive trajectory and sustaining its considerable economic impact. 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: Increasing Commercial Construction Activities in the United States, Other Drivers. Notable trends are: Acrylic Resin Dominating the Market.

The 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.

The United States paints and coatings market value reached nearly USD 27.55 Billion in 2024. The market is projected to grow at a CAGR of 4.10% between 2025 and 2034, reaching almost USD 41.17 Billion by 2034.