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Emulsion Paint Market Estimated to Reach $14.63 Billion by 2029, Expanding at a CAGR of 4.9% | Major Drivers, Segments, and Competitive Outlook

8 Sep, 2025

Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company

In response to fluctuating tariffs and geopolitical trade developments, the Emulsion Paint Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.

What Are the Key Forecast Insights for the Emulsion Paint Market Growth?

The Emulsion Paint market has seen consistent growth over the years. The market size, which was at $11.57 billion in 2024, is expected to increase to $12.1 billion in 2025. The compound annual growth rate (CAGR) during this period is projected to be 4.6%.

What Is the Predicted Industry Size and CAGR of the Emulsion Paint Market in 2029?

The Emulsion Paint market is projected to grow steadily, reaching an estimated size of $14.63 billion in 2029. The market's growth rate during this period is forecasted to be 4.9% CAGR.

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Which Factors Are Driving Growth in the Emulsion Paint Market?

The key Drivers in the emulsion paint market are:

• Surge in real estate industry activities
• Growth of urbanization and infrastructure investments
• Expansion due to population growth and economic development
• Evolution of consumer preferences in property development

Which Segment Trends Are Covered in the Emulsion Paint Market Forecast?

The emulsion paintmarket covered in this report is segmented –
1) By Type: Interior Emulsion Paint, Water-Soluble Paint, Antifouling Emulsion Paint, Antimicrobial Emulsion Paint, Other Types
2) By Technology: Waterborne, Solvent borne
3) By Distribution Channel: Offline, Online
4) By Application: Household, Commercial Space, Administrative Space, Entertainment Space

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What Are the Current Market Trends in the Emulsion Paint Industry?

The key trends in the emulsion paint market are:

• The development of innovative products, such as acrylic polyol emulsions, is a notable trend in the emulsion paint market.
• Enhancing performance and meeting evolving consumer demands is shaping the future of the emulsion paint market.
• There is a growing shift towards sustainable alternatives, like waterborne binders with low VOC levels.
• The Emulsion Paint market is impacted by the use of diverse substrates such as metal, plastic, glass, wood, and concrete flooring.

Who are the Key Companies in the Emulsion Paint Market?

The key players in the emulsion paint market are:

• BASF SE
• The Sherwin-Williams Company
• PPG Industries Inc.
• Sika AG
• Akzo Nobel N.V.
• Nippon Paint Holdings Co. Ltd.
• RPM International Inc.
• Axalta Coating Systems Ltd.
• Asian Paints Limited
• Valspar Corporation
• Kansai Paint Co. Ltd.
• Jotun Group
• DAW SE
• Tikkurila Oyj
• Behr Process Corporation
• Berger Paints India Limited
• DuluxGroup Limited
• Benjamin Moore & Co.
• Dunn-Edwards Corporation
• TOA Group
• The Diamond Vogel Paint Company
• Pacific Paint Philippines Inc.
• Kelly-Moore Paint Company Inc.
• Crown Paints Limited
• MRF Limited
• Hempel A/S
• Paint Library Ltd.

What are the Regional Trends Across the Emulsion Paint Market?

Asia-Pacific was the largest region in the emulsion paint market in 2024

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