Paints and Coatings Market
Description
Paints and Coatings Market Size, Share, By Technology (Waterborne Coating, Solventborne Coating, Powder Coating and Others), Resin Type (Alkyl and Alkyd, Epoxy, Polyester, Vinyl, and Others), End Use Industry (Architectural, Industrial, Marine, Automotive, Packaging, and Others), and Region - Trends, Analysis, and Forecast till 2035
The Paints and Coatings Market Report offers an in-depth exploration of emerging market trends, driving factors, challenges, and key segments that shape the industry. It includes a thorough examination of regulatory frameworks, company profiles, and the latest industry developments. The report delves into product development, positioning strategies, and the impact of new technologies on the market landscape. By identifying challenges and opportunities, the report provides a detailed roadmap for market growth.
The materials that are applied on surfaces for protection, decoration and specific functional properties are referred as paints and coatings. They are broadly used in construction, automotive, and manufacturing industries for resistance to corrosion and increase durability.
With infrastructure development and rapid urbanization, the global paints and coatings market is growing at substantial scale particularly in developing countries of Asia-Pacific.
Report Highligths:
Paints and coatings market size is accounted for USD 221.3 Billion in 2025.
Target market size is estimated to be valuated at USD 353.8 Billion by 2035 and at a registered CAGR of 5.3%.
By technology, waterborne coatings have become the market leader in the paints and coatings market share.
Acrylic resins are the most used type of resin in the paint and coatings company operations.
The architecture segment is anticipated to dominate in revenue and volume throughout the forecast period.
The paints and coatings market in Asia-Pacific is largest market globally.
North America the second most prominent region in paints and coatings market share.
Key Highlights:
Solvents in Coatings Technology:
Solvents are compounds that are typically liquid at room temperature. In coatings technology, the most commonly used solvents include aromatic and aliphatic hydrocarbons, esters of acetic acid, glycol ethers, alcohols, and some ketones. These solvents play a critical role by dissolving solid and highly viscous binder components, enabling the compatibility of otherwise incompatible paint components.
They enhance pigment wetting and dispersion, control storage stability, and adjust the viscosity of the coating. Additionally, solvents aid in the release of entrapped air from the liquid film, influence the drying behavior, and optimize flow properties and surface luster. Organic solvents are widely used across most liquid coating systems—including waterborne coatings—where they continue to perform essential functions.
Segmentation:
By Resin Type:
PPG Industries, Inc.
Akzo Nobel N.V.
Axalta Coating Systems
THE SHERWIN-WILLIAMS COMPANY
3M
Kansai Paint Co., Ltd.
Jotun
RPM International, Inc.
BASF SE
Henkel AG & Company, KGaA
Hempel A/S
Contego International Inc.
No-Burn Inc.
Nullifire
Nippon Paint Holdings Co., Ltd.
What You’ll Gain from This Report:
FAQs:
Key Questions Answered in the Report.
1. What was the Paints and Coatings Market size in 2025?
2. What is projected growth rate of the Paints and Coatings Market during 2025-2035?
3. What are the key factors driving the Paints and Coatings Market growth?
4. What are leading players in the Paints and Coatings Market ?
5. What are the key regions analyzed in the Paints and Coatings Market ?
6. Which region is dominating in the Paints and Coatings Market ?
The Paints and Coatings Market Report offers an in-depth exploration of emerging market trends, driving factors, challenges, and key segments that shape the industry. It includes a thorough examination of regulatory frameworks, company profiles, and the latest industry developments. The report delves into product development, positioning strategies, and the impact of new technologies on the market landscape. By identifying challenges and opportunities, the report provides a detailed roadmap for market growth.
The materials that are applied on surfaces for protection, decoration and specific functional properties are referred as paints and coatings. They are broadly used in construction, automotive, and manufacturing industries for resistance to corrosion and increase durability.
With infrastructure development and rapid urbanization, the global paints and coatings market is growing at substantial scale particularly in developing countries of Asia-Pacific.
Report Highligths:
Paints and coatings market size is accounted for USD 221.3 Billion in 2025.
Target market size is estimated to be valuated at USD 353.8 Billion by 2035 and at a registered CAGR of 5.3%.
By technology, waterborne coatings have become the market leader in the paints and coatings market share.
Acrylic resins are the most used type of resin in the paint and coatings company operations.
The architecture segment is anticipated to dominate in revenue and volume throughout the forecast period.
The paints and coatings market in Asia-Pacific is largest market globally.
North America the second most prominent region in paints and coatings market share.
Key Highlights:
- In February 2025, Avantguard?750?Pro was launched by Hempel along with some development in polymers, resins and digital tools made for automotive and motorcycle coatings. Additionally, they developed low-VOC polyisocyanates, polysiloxane-acrylic hybrid resins, eco-friendly packaging-film treatments, and creative aqueous polyurethane dispersions (BLUEPUR, HYDRAN).
- In February 2023, the Interpon Futura Collection was introduced by AkzoNobel Powder Coatings, which includes on-trend color palettes such as Merging World, Healing Nature, and Soft Abstraction. The collection emits no solvents or volatile organic compounds and contributes to AkzoNobel's overall sustainability program.
Solvents in Coatings Technology:
Solvents are compounds that are typically liquid at room temperature. In coatings technology, the most commonly used solvents include aromatic and aliphatic hydrocarbons, esters of acetic acid, glycol ethers, alcohols, and some ketones. These solvents play a critical role by dissolving solid and highly viscous binder components, enabling the compatibility of otherwise incompatible paint components.
They enhance pigment wetting and dispersion, control storage stability, and adjust the viscosity of the coating. Additionally, solvents aid in the release of entrapped air from the liquid film, influence the drying behavior, and optimize flow properties and surface luster. Organic solvents are widely used across most liquid coating systems—including waterborne coatings—where they continue to perform essential functions.
Segmentation:
By Resin Type:
- Waterborne Coating
- Solventborne Coating
- Powder Coating
- Others
- Alkyl
- Alkyd
- Epoxy
- Polyester
- Vinyl
- Others
- Architectural
- Industrial
- Marine
- Automotive
- Packaging
- Others
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
PPG Industries, Inc.
Akzo Nobel N.V.
Axalta Coating Systems
THE SHERWIN-WILLIAMS COMPANY
3M
Kansai Paint Co., Ltd.
Jotun
RPM International, Inc.
BASF SE
Henkel AG & Company, KGaA
Hempel A/S
Contego International Inc.
No-Burn Inc.
Nullifire
Nippon Paint Holdings Co., Ltd.
What You’ll Gain from This Report:
- Regional & Country-Specific Insights: Unlock detailed market share analysis across key regions and countries, empowering you to pinpoint growth opportunities and optimize your strategic positioning.
- Guidance for Market Entry: Expert-backed strategies to overcome entry barriers, establish a foothold, and accelerate expansion in new or competitive markets.
- Reliable Long-Term Forecasts: Data-driven projections from 2025 to 2035, including pivotal milestones for 2025, 2026, and 2030, ensuring confident, future-proof investments.
- In-Depth Market Trend Analysis: Explore the forces shaping the industry—drivers, challenges, emerging opportunities, and risks—along with insights into high-growth sectors and potential obstacles.
- Proven Business Strategies: Actionable, data-backed recommendations tailored to key market segments, helping you maximize profitability and outperform competitors.
- Competitive Intelligence: Stay ahead with a clear view of industry trends, competitor strategies, and untapped market potential to refine your approach.
- Exclusive Company Profiles: In-depth analysis of top market players, including business models, financial performance, strategic initiatives, and recent developments.
- Innovative Supply Chain Trends: Discover the latest technological advancements transforming supply chains—boosting efficiency, cutting costs, and driving innovation.
FAQs:
Key Questions Answered in the Report.
1. What was the Paints and Coatings Market size in 2025?
2. What is projected growth rate of the Paints and Coatings Market during 2025-2035?
3. What are the key factors driving the Paints and Coatings Market growth?
4. What are leading players in the Paints and Coatings Market ?
5. What are the key regions analyzed in the Paints and Coatings Market ?
6. Which region is dominating in the Paints and Coatings Market ?
Table of Contents
168 Pages
- Paints And Coatings Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Preview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Technology
- Market Snippet, By Resin Type
- Market Snippet, By End Use Industry
- Market Snippet, By Region
- Opportunity Map Analysis
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Merger and Acquisitions
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Price Analysis
- Alternative Surface Methods
- Special Coatings
- Economic Aspects
- Multicoat Systems
- Market Segmentation, By Technology, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Waterborne Coating
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Solventborne Coating
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Powder Coating
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Resin Type, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Alkyl
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Alkyd
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Epoxy
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Polyester
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Vinyl
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By End Use Industry, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Architectural
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Industrial
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Marine
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Automotive
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Packaging
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (USD Bn), By Technology, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Resin Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By End Use Industry, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Asia Pacific
- Market Size and Forecast (USD Bn), By Technology, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Resin Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By End Use Industry, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- South Korea
- Rest of Asia Pacific
- Europe
- Market Size and Forecast (USD Bn), By Technology, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Resin Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By End Use Industry, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- Germany
- U.K.
- France
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
- Latin America
- Market Size and Forecast (USD Bn), By Technology, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Resin Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By End Use Industry, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa
- Market Size and Forecast (USD Bn), By Technology, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Resin Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By End Use Industry, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Pricing
Currency Rates
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