The global Architectural Coating Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Resin (Acrylic, Alkyd, Vinyl, Polyurethane, Others), By Technology (Water borne, Solvent-borne, Powder coatings), By Application (Residential, Non-residential), By Coating (Interior, Exterior), By User (DIY, Professional).
The architectural coating market is experiencing robust growth in 2024, driven by the expansion of construction activities, urbanization, and renovation projects worldwide. Architectural coatings are specialized paints and coatings used for protecting and decorating interior and exterior surfaces of residential, commercial, and institutional buildings. These coatings offer properties such as weather resistance, color retention, durability, and ease of application, making them essential for enhancing the appearance and longevity of architectural structures. In the construction sector, architectural coatings are applied to walls, ceilings, trim, and facades to provide protection against moisture, UV radiation, mold, and mildew while adding aesthetic value to buildings. Further, in the commercial and institutional segments, they are utilized for painting office spaces, retail stores, educational institutions, and healthcare facilities to create inviting and functional environments for occupants and visitors. Additionally, architectural coatings play a crucial role in sustainable building practices by offering low-VOC (volatile organic compound) formulations, eco-friendly ingredients, and energy-efficient coatings that contribute to indoor air quality, occupant health, and environmental sustainability. Furthermore, as architects, designers, and building owners prioritize aesthetics, performance, and sustainability in building design and construction, the demand for high-quality architectural coatings with innovative features and customizable options is expected to growing, driving market expansion and fostering innovation in coating technology and color trends.
The market report analyses the leading companies in the industry including Akzo Nobel N.V., Asian Paints Ltd, BASF SE, Benjamin Moore & Co, Berger Paints India Ltd, Brillux GmbH & Co. KG, Carpoly Chemical Group Co. Ltd, Cloverdale Paint Inc, Daw SE, Diamond Vogel Paint Company, Fujikura Kasei Co. Ltd, Guangdong Maydos Building Materials Co. Ltd, Hempel A/S, Indigo Paints Pvt. Ltd, Jotun A/S, Kansai Paints Co. Ltd, Kelly-Moore Paints, Lanco Paints, Masco Corp, Nippon Paint Holdings Co. Ltd, PPG Industries Inc, Rpm International Inc, Shalimar Paints, Sherwin-Williams Company, STO Corp, and others.
A prominent trend in the architectural coating market is the shift towards sustainable and low-VOC (volatile organic compound) coatings. With increasing environmental awareness and regulations aimed at reducing air pollution and greenhouse gas emissions, there is a growing demand for architectural coatings that minimize environmental impact and promote indoor air quality. Manufacturers are responding to this trend by developing eco-friendly formulations that contain low levels of VOCs, hazardous chemicals, and harmful emissions, while still providing high-performance coating solutions for architectural surfaces. Additionally, there is a rising preference for coatings made from renewable resources, biodegradable materials, and water-based formulations to align with sustainability goals and reduce carbon footprint throughout the product lifecycle. The trend towards sustainable and low-VOC coatings reflects the industry's commitment to environmental stewardship and healthier living environments, driving innovation and adoption of eco-friendly architectural coatings.
The driver for the architectural coating market is construction and renovation activities in residential and commercial sectors. As populations grow, urbanization accelerates, and economies develop, there is a continuous demand for new construction, building renovation, and infrastructure improvement projects worldwide. Architectural coatings play a vital role in protecting and enhancing the appearance, durability, and performance of building exteriors and interiors, including walls, ceilings, facades, and floors. Furthermore, the desire for customized aesthetics, color options, and decorative finishes drives the demand for architectural coatings that offer versatility, ease of application, and long-lasting protection against weathering, UV radiation, moisture, and microbial growth. The robust construction and renovation activities in residential and commercial sectors fuel the demand for architectural coatings as essential components for achieving desired aesthetics, durability, and sustainability in building design and construction projects.
A potential opportunity for the architectural coating market lies in the development of high-performance specialty coatings for niche applications. While standard architectural coatings address common requirements for protection and decoration, there is a demand for specialized coatings tailored to specific substrates, environments, and performance needs. Manufacturers can capitalize on this opportunity by investing in research and development to formulate coatings for niche applications such as high-traffic areas, extreme weather conditions, historic preservation, and industrial facilities. Additionally, there is potential for coatings with advanced functionalities such as anti-graffiti, self-cleaning, thermal insulation, soundproofing, and fire-retardant properties to meet evolving customer demands and regulatory requirements. By catering to niche markets and addressing unique application challenges, manufacturers can differentiate their product offerings, capture new market segments, and maintain a competitive edge in the dynamic architectural coating industry landscape.
Acrylic is the largest segment in the Architectural Coating Market due to its versatile properties and widespread application in architectural coatings. Acrylic resins offer numerous advantages, including excellent adhesion, durability, weather resistance, and color retention, making them well-suited for exterior and interior coatings on various substrates such as wood, metal, concrete, and masonry. Acrylic coatings provide superior protection against UV radiation, moisture, and environmental pollutants, ensuring long-lasting performance and aesthetic appeal for buildings and structures. Additionally, acrylic-based architectural coatings are available in a wide range of formulations, including paints, stains, sealers, and primers, catering to diverse application requirements and design preferences. As architects, contractors, and homeowners prioritize durability, sustainability, and aesthetics in architectural projects, the demand for acrylic coatings continues to grow, consolidating its position as the largest segment in the Architectural Coating Market. Moreover, ongoing innovations in acrylic resin technology, such as low-VOC formulations and self-cleaning properties, further contribute to the segment's market dominance and sustained growth.
The fastest-growing segment in the Architectural Coating Market is Water-borne technology. This growth is driven by increasing adoption of water-borne architectural coatings. In particular, water-borne coatings are environmentally friendly and comply with strict regulations regarding volatile organic compound (VOC) emissions, making them a preferred choice for environmentally conscious consumers and regulatory bodies. As sustainability becomes a central focus in the construction and coatings industries, the demand for water-borne technologies continues to surge. Additionally, advancements in water-borne coating formulations have significantly improved their performance attributes, including durability, adhesion, and color retention, rivalling those of traditional solvent-borne coatings. Moreover, water-borne coatings offer faster drying times, ease of application, and low odor, enhancing efficiency and convenience for painters and contractors. As awareness grows regarding the benefits of water-borne coatings in terms of environmental impact, health, and performance, the demand for these coatings is expected to experience rapid growth, solidifying water-borne technology as the fastest-growing segment in the Architectural Coating Market.
The Residential segment stands out as the largest segment in the Architectural Coating Market, driven by dominance. In particular, the residential sector encompasses a vast array of coating applications, including exterior paints, interior paints, primers, stains, and specialty coatings for surfaces such as walls, ceilings, floors, and furniture. With the increasing trend towards homeownership and renovation projects, coupled with population growth and urbanization, the demand for architectural coatings in the residential sector continues to experience steady growth. Moreover, evolving consumer preferences and lifestyle changes influence the demand for coatings that offer durability, aesthetics, and ease of application, further propelling market growth. Additionally, as homeowners prioritize energy efficiency, sustainability, and indoor air quality, there is a growing demand for eco-friendly and low-VOC coatings in residential applications. As a result, the Residential segment maintains its dominance in the Architectural Coating Market, driven by the diverse and evolving needs of homeowners and the construction industry.
The fastest-growing segment in the Architectural Coating Market is the Exterior coating segment. In particular, exterior coatings play a critical role in protecting buildings and structures from harsh environmental elements such as sunlight, rain, wind, and temperature fluctuations. With climate change leading to more extreme weather events, there is a growing need for durable and weather-resistant coatings that can withstand these challenges and provide long-lasting protection. Moreover, the exterior appearance of buildings significantly influences curb appeal, property value, and brand image, driving the demand for aesthetically pleasing coatings that maintain color and finish integrity over time. Additionally, advancements in exterior coating technology, such as improved durability, UV resistance, and self-cleaning properties, further contribute to the segment's rapid growth. As architects, contractors, and homeowners prioritize both performance and aesthetics in exterior coatings to enhance building longevity and visual appeal, the Exterior coating segment experiences robust expansion, making it the fastest-growing segment in the Architectural Coating Market.
By Resin
Acrylic
Alkyd
Vinyl
Polyurethane
Others
By Technology
Water borne
Solvent borne
Powder coatings
By Application
Residential
-New construction
-Remodel and repaint
Non-residential
-Commercial
-Industrial
-Infrastructure
By Coating
Interior
Exterior
By User
DIY
ProfessionalCountries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Akzo Nobel N.V.
Asian Paints Ltd
BASF SE
Benjamin Moore & Co
Berger Paints India Ltd
Brillux GmbH & Co. KG
Carpoly Chemical Group Co. Ltd
Cloverdale Paint Inc
Daw SE
Diamond Vogel Paint Company
Fujikura Kasei Co. Ltd
Guangdong Maydos Building Materials Co. Ltd
Hempel A/S
Indigo Paints Pvt. Ltd
Jotun A/S
Kansai Paints Co. Ltd
Kelly-Moore Paints
Lanco Paints
Masco Corp
Nippon Paint Holdings Co. Ltd
PPG Industries Inc
Rpm International Inc
Shalimar Paints
Sherwin-Williams Company
STO Corp
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Architectural Coating Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Architectural Coating Market Size Outlook, $ Million, 2021 to 2032
3.2 Architectural Coating Market Outlook by Type, $ Million, 2021 to 2032
3.3 Architectural Coating Market Outlook by Product, $ Million, 2021 to 2032
3.4 Architectural Coating Market Outlook by Application, $ Million, 2021 to 2032
3.5 Architectural Coating Market Outlook by Key Countries, $ Million, 2021 to 2032
4 Market Dynamics
4.1 Key Driving Forces of Architectural Coating Industry
4.2 Key Market Trends in Architectural Coating Industry
4.3 Potential Opportunities in Architectural Coating Industry
4.4 Key Challenges in Architectural Coating Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Architectural Coating Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Architectural Coating Market Outlook by Segments
7.1 Architectural Coating Market Outlook by Segments, $ Million, 2021- 2032
By Resin
Acrylic
Alkyd
Vinyl
Polyurethane
Others
By Technology
Water borne
Solvent borne
Powder coatings
By Application
Residential
-New construction
-Remodel and repaint
Non-residential
-Commercial
-Industrial
-Infrastructure
By Coating
Interior
Exterior
By User
DIY
Professional
8 North America Architectural Coating Market Analysis and Outlook To 2032
8.1 Introduction to North America Architectural Coating Markets in 2024
8.2 North America Architectural Coating Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Architectural Coating Market size Outlook by Segments, 2021-2032
By Resin
Acrylic
Alkyd
Vinyl
Polyurethane
Others
By Technology
Water borne
Solvent borne
Powder coatings
By Application
Residential
-New construction
-Remodel and repaint
Non-residential
-Commercial
-Industrial
-Infrastructure
By Coating
Interior
Exterior
By User
DIY
Professional
9 Europe Architectural Coating Market Analysis and Outlook To 2032
9.1 Introduction to Europe Architectural Coating Markets in 2024
9.2 Europe Architectural Coating Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Architectural Coating Market Size Outlook by Segments, 2021-2032
By Resin
Acrylic
Alkyd
Vinyl
Polyurethane
Others
By Technology
Water borne
Solvent borne
Powder coatings
By Application
Residential
-New construction
-Remodel and repaint
Non-residential
-Commercial
-Industrial
-Infrastructure
By Coating
Interior
Exterior
By User
DIY
Professional
10 Asia Pacific Architectural Coating Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Architectural Coating Markets in 2024
10.2 Asia Pacific Architectural Coating Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Architectural Coating Market size Outlook by Segments, 2021-2032
By Resin
Acrylic
Alkyd
Vinyl
Polyurethane
Others
By Technology
Water borne
Solvent borne
Powder coatings
By Application
Residential
-New construction
-Remodel and repaint
Non-residential
-Commercial
-Industrial
-Infrastructure
By Coating
Interior
Exterior
By User
DIY
Professional
11 South America Architectural Coating Market Analysis and Outlook To 2032
11.1 Introduction to South America Architectural Coating Markets in 2024
11.2 South America Architectural Coating Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Architectural Coating Market size Outlook by Segments, 2021-2032
By Resin
Acrylic
Alkyd
Vinyl
Polyurethane
Others
By Technology
Water borne
Solvent borne
Powder coatings
By Application
Residential
-New construction
-Remodel and repaint
Non-residential
-Commercial
-Industrial
-Infrastructure
By Coating
Interior
Exterior
By User
DIY
Professional
12 Middle East and Africa Architectural Coating Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Architectural Coating Markets in 2024
12.2 Middle East and Africa Architectural Coating Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Architectural Coating Market size Outlook by Segments, 2021-2032
By Resin
Acrylic
Alkyd
Vinyl
Polyurethane
Others
By Technology
Water borne
Solvent borne
Powder coatings
By Application
Residential
-New construction
-Remodel and repaint
Non-residential
-Commercial
-Industrial
-Infrastructure
By Coating
Interior
Exterior
By User
DIY
Professional
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Akzo Nobel N.V.
Asian Paints Ltd
BASF SE
Benjamin Moore & Co
Berger Paints India Ltd
Brillux GmbH & Co. KG
Carpoly Chemical Group Co. Ltd
Cloverdale Paint Inc
Daw SE
Diamond Vogel Paint Company
Fujikura Kasei Co. Ltd
Guangdong Maydos Building Materials Co. Ltd
Hempel A/S
Indigo Paints Pvt. Ltd
Jotun A/S
Kansai Paints Co. Ltd
Kelly-Moore Paints
Lanco Paints
Masco Corp
Nippon Paint Holdings Co. Ltd
PPG Industries Inc
Rpm International Inc
Shalimar Paints
Sherwin-Williams Company
STO Corp
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Resin
Acrylic
Alkyd
Vinyl
Polyurethane
Others
By Technology
Water borne
Solvent borne
Powder coatings
By Application
Residential
-New construction
-Remodel and repaint
Non-residential
-Commercial
-Industrial
-Infrastructure
By Coating
Interior
Exterior
By User
DIY
Professional
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Architectural Coating Market Size is valued at $98.9 Billion in 2024 and is forecast to register a growth rate (CAGR) of 4.1% to reach $136.4 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Akzo Nobel N.V., Asian Paints Ltd, BASF SE, Benjamin Moore & Co, Berger Paints India Ltd, Brillux GmbH & Co. KG, Carpoly Chemical Group Co. Ltd, Cloverdale Paint Inc, Daw SE, Diamond Vogel Paint Company, Fujikura Kasei Co. Ltd, Guangdong Maydos Building Materials Co. Ltd, Hempel A/S, Indigo Paints Pvt. Ltd, Jotun A/S, Kansai Paints Co. Ltd, Kelly-Moore Paints, Lanco Paints, Masco Corp, Nippon Paint Holdings Co. Ltd, PPG Industries Inc, Rpm International Inc, Shalimar Paints, Sherwin-Williams Company, STO Corp
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume