Architectural Coatings Market Size, Share, Trends, Industry Analysis Report: By Resin Type, Technology (Solventborne and Waterborne), Application, End User, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market

The global architectural coatings market size is expected treach USD 128.63 billion by 2034, according ta new study by Polaris Market Research. The report “Architectural Coatings Market Size, Share, Trends, Industry Analysis Report: By Resin Type, Technology (Solventborne and Waterborne), Application, End User, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025 - 2034” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.

The architectural coatings market is driven by a combination of factors, including urbanization, increasing construction activities, environmental regulations, and advancements in coating technologies. The architectural coatings encompass paints, varnishes, and other coatings specifically designed for interior and exterior applications in residential, commercial, and industrial structures. The growing demand for aesthetic appeal, coupled with the need for durable and protective finishes, makes architectural coatings an essential component in construction and renovation projects worldwide.

Rapid urbanization and population growth, especially in emerging economies, have led tincreased residential and commercial construction activities. Governments and private investors are investing heavily in infrastructure projects, including housing, commercial buildings, and public amenities. This surge in construction has created a substantial demand for architectural coatings, which are crucial for enhancing the durability and visual appeal of buildings.

The rise in renovation and remodeling activities has further fueled the demand for architectural coatings. In mature markets such as North America and Europe, where a significant portion of the building stock is aging, homeowners and businesses are increasingly investing in renovations tmodernize and maintain their properties. Architectural coatings are integral tthese efforts, providing both functional and aesthetic benefits. The trend toward sustainable building practices has alsencouraged the use of eco-friendly architectural coatings, which have lower volatile organic compound (VOC) emissions and are less harmful tthe environment.

Architectural Coatings Market Report Highlights

In terms of resin type, the acrylic segment held the largest market share in 2024 due tits superior performance characteristics and versatility.

Based on application, the residential segment dominated the architectural coatings market share in 2024 owing tthe consistent demand for new housing developments and renovation projects.

In the global market, Asia Pacific architectural coatings market held the highest revenue share in 2024 due trapid urbanization, population growth, and increasing investments in construction activities.

The architectural coatings market in Europe is expected twitness steady growth over the forecast period due ta rising focus on urban regeneration projects, infrastructure upgrades, and energy-efficient construction practices in countries such as Germany, France, and the United Kingdom.

Some of the global key market players are NIPSEA Group; BASF; Asian Paints; Axalta Coating Systems; Brillux GmbH & Co. KG; ColoradCommercial & Residential Painting; IFS Coatings; Kansai Paint Co., Ltd; KEIM Mineral Coatings of America, Inc.; MascCorporation; RPM International Inc.; AkzNobel N.V.; PPG Industries, Inc.; The Sherwin-Williams Company; Engineered Polymer Solutions (EPS), and Berger Paints.

Polaris Market Research has segmented the architectural coatings market report based on resin type, technology, application, end user, and region:

By Resin Type Outlook (Revenue, USD Billion, 2020 - 2034)

Acrylic

Vinyl Acetate-Ethylene (VAE)

Alkyds

Polyurethane

Epoxy

Polyesters

Others

By Technology Outlook (Revenue, USD Billion, 2020 - 2034)

Solventborne

Waterborne

By Application Outlook (Revenue, USD Billion, 2020 - 2034)

Commercial

Residential

Coatings for Wood

Roof Coatings

Floor Coatings

By End User Outlook (Revenue, USD Billion, 2020 - 2034)

DIY

Professional

By Regional Outlook (Revenue, USD Billion, 2020 - 2034)

North America

US

Canada

Europe

Germany

France

UK

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Vietnam

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Mexico

Brazil

Argentina

Rest of Latin America Show more