Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Construction Paints And Coatings Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Construction Paints And Coatings Market?
The market size of construction paints and coatings has been experiencing steady growth. In 2024, it was $60.16 billion and it's projected to reach $62.5 billion in 2025. The compound annual growth rate (CAGR) is expected to be 3.9%.
What Are the Expected Market Growth Trends for the Construction Paints And Coatings Market Through 2029?
The Construction Paints and Coatings market is forecasted to reach a size of $79.83 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 6.3%.
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What Are the Key Business Drivers in the Construction Paints And Coatings Market Landscape?
The key Drivers in the construction paints and coatings market are:
• Surge in new construction projects
• Requirement of paints and coatings in construction for water prevention
• Need for coatings to stop corrosion, rotting, and deterioration in structures
• Increased number of completed construction projects compared to previous years
How Is the Construction Paints And Coatings Market Divided Across Key Categories?
The construction paints and coatingsmarket covered in this report is segmented –
1) By Product Type: Solvent-Borne Technologies, Water-Borne Coating, Power Coating, High Solids/ Radiation Cure, Other Product Types
2) By Resin Type: Polyurethane, Acrylic, Epoxy, Polyester, Alkyd
3) By Application: Residential, Commercial, Automotive And Aviation, Medical And Healthcare
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What Are the Ongoing Trends in the Construction Paints And Coatings Market?
The key trends in the construction paints and coatings market are:
• The adoption of new technologies in the construction paints and coatings market is a rising trend.
• Enhanced digital capabilities in the formulation process is an emerging factor.
• An increase in data-driven approaches to speed up innovation in the market has been observed.
• Providers are using digital platforms as a new method to position themselves competitively in the market.
Which Companies are Expanding in the Construction Paints And Coatings Industry?
The key players in the construction paints and coatings market are:
• PPG Industries Inc.
• Badische Anilin- und Sodafabrik
• Akzonobel N.V.
• Sherwin Williams Company
• Asian Paints Ltd.
• Axalta Coating Systems Ltd.
• Valspar Corporation
• Helios Group
• Tikkurila Oyj
• Beckers Group
• DyStar Singapore Pte Ltd.
• Republic Powdered Metals International Inc.
• Jotun Chemicals
• Dow Chemicals
• Nippon Paint Holdings Co. Ltd.
• Kansai Paint Co. Ltd.
• Benjamin Moore & Co.
• Berger Paints Ltd.
• Hempel A/S
• Brillux GmbH & Co. KG
• DAW SE
• H.B. Fuller Company
• Dunn-Edwards Corporation
• Kelly-Moore Paint Company Inc.
• Rust-Oleum Corporation
• Toa Kensetsu Kogyo Corporation
• Diamond Vogel Paints
• Tnemec Company Inc.
• National Paints Factories Co. Ltd.
• Farrow & Ball Ltd.
Which is the Largest Region the Global Construction Paints And Coatings Market?
North America was the largest region in the construction paints and coatings market in 2024
