Cement Paints

Global Cement Paints Market to Reach US$2.1 Billion by 2030

The global market for Cement Paints estimated at US$1.8 Billion in the year 2024, is expected to reach US$2.1 Billion by 2030, growing at a CAGR of 2.4% over the analysis period 2024-2030. Acrylic Cement Paints, one of the segments analyzed in the report, is expected to record a 2.8% CAGR and reach US$1.2 Billion by the end of the analysis period. Growth in the Waterproof Cement Paints segment is estimated at 2.2% CAGR over the analysis period.

The U.S. Market is Estimated at US$492.2 Million While China is Forecast to Grow at 4.7% CAGR

The Cement Paints market in the U.S. is estimated at US$492.2 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$399.6 Million by the year 2030 trailing a CAGR of 4.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 0.8% and 1.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.

Global Cement Paints Market – Key Trends & Drivers Summarized

Why Is the Demand for Cement Paints Increasing?

Cement paints have become a preferred choice in the construction industry due to their durability, cost-effectiveness, and weather-resistant properties. With the rapid expansion of the global construction sector, especially in emerging economies, the demand for protective and decorative coatings such as cement paints has seen a significant rise. These paints are widely used for exterior surfaces of residential, commercial, and industrial buildings as they offer superior protection against moisture, UV rays, and fungal growth. Moreover, as urbanization continues at a steady pace, the need for affordable and long-lasting paints that enhance the aesthetics of structures while providing structural protection is growing. Government initiatives promoting infrastructure development and real estate expansion are further fueling the adoption of cement paints in various construction projects. Additionally, the increasing trend of renovation and refurbishment activities in aging infrastructure is contributing to market growth.

How Are Technological Advancements Impacting the Cement Paints Industry?

The cement paints industry is evolving with advancements in material science and manufacturing techniques. Innovations in paint formulations have led to the development of high-performance cement paints that offer improved adhesion, enhanced waterproofing capabilities, and self-cleaning properties. The integration of nanotechnology in paint production is further enhancing durability, stain resistance, and heat-reflective properties, making cement paints more efficient for different climatic conditions. Additionally, the shift towards eco-friendly and low-VOC (volatile organic compound) cement paints is gaining traction. Consumers and regulatory authorities are increasingly favoring sustainable and non-toxic alternatives to traditional paints. Manufacturers are focusing on developing water-based formulations that reduce environmental impact while maintaining superior performance. With research and development in the coatings industry, cement paints are becoming more versatile, offering greater aesthetic and functional benefits to consumers.

What Market Trends Are Driving the Adoption of Cement Paints?

Several key trends are shaping the cement paints market, including the increasing demand for weather-resistant and anti-fungal coatings. Consumers and businesses are prioritizing high-quality finishes that extend the longevity of painted surfaces while reducing maintenance costs. The rise of smart coatings that incorporate heat-reflective and anti-bacterial properties is also influencing purchasing decisions, particularly in urban and high-pollution areas. Another prominent trend is the growth of organized retail and e-commerce platforms, making cement paints more accessible to consumers and contractors. The availability of a wide range of shades, textures, and specialty coatings online has expanded consumer choices, driving market growth. Additionally, the growing preference for do-it-yourself (DIY) home improvement projects has boosted sales, as more homeowners seek easy-to-apply and long-lasting paint solutions.

What Are the Key Growth Drivers in the Cement Paints Market?

The growth in the Cement Paints market is driven by several factors, including increasing construction activities, rising infrastructure investments, and the growing preference for cost-effective, durable coatings. The expansion of the real estate sector, coupled with urbanization in developing regions, is creating new opportunities for cement paint manufacturers. Furthermore, stringent environmental regulations and the push for sustainable construction materials are encouraging companies to innovate and introduce eco-friendly cement paint formulations. The increasing adoption of cement paints in industrial and commercial applications, where high resistance to chemicals and extreme weather conditions is required, is also fueling market expansion. As construction standards evolve and consumer preferences shift towards long-lasting, energy-efficient coatings, the cement paints market is expected to witness steady growth in the coming years.

SCOPE OF STUDY:

The report analyzes the Cement Paints market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product Type (Acrylic Cement Paints, Waterproof Cement Paints, Synthetic Cement Paints, Other Types); Application (Exterior Application, Interior Application); End-Use (Residential End-Use, Commercial End-Use, Industrial End-Use)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 34 Featured) -

• AkzoNobel
• Asian Paints
• Asian Paints PPG Pvt. Ltd.
• BASF Coatings
• Behr Process Corporation
• Benjamin Moore & Co.
• Berger Paints
• British Paints
• Cloverdale Paint Inc.
• DuluxGroup
• Dunn-Edwards Corporation
• Esdee Paints Ltd.
• Hempel A/S
• Indigo Paints Limited
• Jenson & Nicholson (India) Ltd.
• Jotun Group
• Jotun India Pvt. Ltd.
• Kansai Nerolac Paints Limited
• Keimfarben GmbH
• Kelly-Moore Paints

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

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APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

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EU
JAPAN
INDIA
176 OTHER COUNTRIES.

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