Construction Paints And Coatings Market Analysis & Forecast: 2025-2032

Construction Paints and Coatings Market Size and Trends 2025- 2032.

Construction Paints and Coatings Market is estimated to be valued at USD 214.64 Bn in 2025 and is expected to reach USD 336.63 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 6.64% from 2025 to 2032. 

Key Takeaways

• Based on the Product Type, the Waterborne Coatings is leading the market with 40% of the market revenue, owing to its characteristics features like quick drying.
• On the basis of Application, the Residential segment is expected to dominate the market in 2025, due to a rapid rate of urbanization.
• Based on Region, the Asia Pacific region is dominating the market with 36% of the market share. The growth is attributed to the rise in disposable income in countries like India, China, etc.

Market Overview

Wood, automotive & transportation, and construction industries use paints and coatings. It is mainly used in the building and construction sector, where it provides a shield to buildings from any damage from the outside. Also, it is used in industrial wood, automobiles and boats, residential and non-residential infrastructure and buildings, and other areas. High-tech coatings comprising cationic electro coating elements are more popular. These coatings cover all the nooks and crannies of complex metal objects and prevent corrosion. Both car and aircraft turbine engines' lifespans are extended by using high-performance ceramic. It shields components from extreme heat, wear, and corrosion.

Current Events and Its Impact

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Role of AI (Artificial Intelligence) in Construction Paints and Coatings Market

AI-powered robots and systems can apply coatings evenly and accurately, reducing human error and ensuring consistent quality. These AI-driven machines speed up painting tasks, minimize waste, and reduce labor costs by automating repetitive or complex processes. In April 2025, Okibo opened its US headquarters in Englewood, NJ, and launched the EG7 robot in the American market. The battery-powered EG7 requires no site prep or technical skills, navigating with AI-driven 3D scanning and real-time modeling instead of external markers or BIM tools.

Segmental Insights

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Construction Paints And Coatings Market Insights, by Product Type -  Quick Drying is Driving the Waterborne Coatings Segment's Growth

Based on product type, waterborne coatings held a dominant position in the global paints and coatings market in 2025, with 40% construction paints and coatings market share, in terms of revenue, followed by solvent-borne coatings and high solids/radiation cure, respectively.  Architectural, automotive, and industrial coatings are some applications of waterborne coatings. These are used due to their low VOC emissions, quick drying times, and ease. Due to quick durations of aqueous coatings as compared to solvent-based coatings, manufacturing time can be shortened, and efficiency can be increased in a variety of sectors. Moreover, these are easy to apply and clean up, which saves time. For instance, in 2024, Sherwin-Williams rolled out its new waterborne wood coating technology, named Sher-Wood® Environmentally Adaptive (EA) Hydroplus™. It is available in both clear and pigmented finishes. It is not only self-sealing but also provides excellent film hardness.

Construction Paints And Coatings Market Insights, by Application -  Rapid Urbanization is Driving the Residential Segment’s Growth

Based on the Application, the Residential segment is expected to dominate the market in 2025. The growth of this segment can be attributed to a variety of reasons, including the growth in population, rapid urbanization, rise in housing demands, and a rise in the middle class. With a surge in the disposable income in countries like India, China, etc., more people invest in home decor, and the new and upcoming trends like DIYs also have an impact on the decoration of houses. For instance, in 2023, Allnex launched SETAQUA® 6753, which is a waterborne acrylic emulsion. It is specially designed for items of furniture and kitchen cabinets. It offers a sustainable choice for residential wood applications.

Regional Analysis

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Asia Pacific Construction Paints And Coatings Market Trends

Asia Pacific dominated the global paints and coatings market in 2025, with 36% construction paints nd coatings market share, in terms of revenue, followed by Europe and North America, respectively, and is expected to maintain its dominance over the forecast period. Furthermore, the Asia Pacific region is projected to be the fastest-growing region in the Global Paints and Coatings Market during the forecast period. In 2022, Asia Pacific dominated the paints and coatings industry.  The world's two most populated nations, China and India, are located in this region. According to the IMF and World Economic Outlook, China and Japan were the world's second and third-largest economies in 2022, respectively. For instance, according to the United Nations Population Fund, the Asia Pacific region, 4.7 billion people live there, making up approximately 60% of the world's population. Over the upcoming forecast period, it is estimated that this will increase the prominence of the global building sector. The rapidly rising household income and the quickly rising demand from smaller towns and rural areas as a result of increased consumer awareness will also be driving the market.

Asia Pacific has numerous economies at various stages of development and across a wide range of industries. The market's expansion in China is linked to the strong economic growth rate, followed by significant investment in a variety of industries, including furniture, building & construction, and consumer electronics & appliances for the automotive industry. Companies are also increasing the production of paints and coatings throughout India. Moving production there has advantages, including the opportunity to better serve the area's increasing local markets and the low cost of manufacturing.

Europe Construction Paints And Coatings Market Trends

The European Construction Paints and Coatings Market is the second largest globally. The market is driven by many factors. Some of those include the growth in construction activities, the rise in demand for sustainable alternatives, etc. Germany and France are the two countries that have made a significant contribution to the market’s growth. While Germany dominates the market with a robust residential sector and a strong push to adopt eco-friendly and waterborne coatings. France also follows the same due to a substantial amount of investments by the government in the development of public infrastructure, and an increase in demand for low-emission paints. For instance, in 2024, Hempel expanded the reach of its decorative paint Solagard in the United Kingdom. It made Solagard, a high-performance exterior paint, available in 242 Bunnings stores. This expansion is very likely to strengthen Hempel’s presence in the European market.  

United States Construction Paints And Coatings Market Trends

The United States construction paints and coatings market is driven by robust infrastructure development, urbanization, and a strong focus on sustainable building practices. Increasing renovation and remodeling activities in residential and commercial sectors boost demand for advanced, eco-friendly coatings. For example, Sherwin-Williams has expanded its portfolio of low-VOC and waterborne paints to meet stricter environmental regulations and consumer preferences for greener products.

China Construction Paints And Coatings Market Trends

China's construction paints and coatings market is experiencing robust growth, driven by several key factors. Rapid urbanization, with a target urbanization rate of 70% by 2030, is fueling demand for residential and commercial buildings, thereby increasing the need for coatings. For instance, ongoing infrastructure projects like the Foshan and Shanghai metro lines highlight the extensive construction activities. Additionally, stringent environmental regulations, such as the enforcement of low-VOC standards, are prompting manufacturers to innovate with eco-friendly solutions like waterborne coatings.

Construction Paints and Coatings Market Trends

Heavy-duty paints and coatings are used in the marine and aerospace industries. These protects for a longer time to the components and equipment. There is high demand for aqua coatings in marine industry, due to the expanding marine sector globally. Growing sea-port trade coupled with increasing demand for new formulation for the marine industry is also expected to boost demand for heavy-duty paints, and thus, is expected to drive the market growth.

Supply and distribution agreement between manufacturers for expanding market presence is the trend in the market. For instance, Dulux Protective Coatings, partnered with Fireshield Coatings to supply intumescent coating systems in Australia and New Zealand for both interior structural steel and timber surfaces.

Construction Paints and Coatings Market Drivers

Increasing Demand for Paints and Coatings from the Automotive Industry

Increasing demand for paints and coatings from the automotive industry is expected to drive the market growth. Rising production of automobiles around the globe is boosting demand for paints and coatings. Also, various manufacturers are introducing paints to cater to the rising demand for paint and coating from the automotive industry. Paints and coatings are applied to the components of automobiles to make them rust and corrosion-resistant.

Growing Construction and Building Industry Due to Increasing Investment by the Government

The growing construction and building industry, due to increasing investment by the government, is expected to drive the market growth of paints and coatings. Rapid urbanization and industrialization around the globe, coupled with increasing population, are boosting demand for building and infrastructure. Paints and coatings are widely used in buildings to provide resistance to harsh weather conditions and rust. Thus, the growing construction and building industry is expected to drive the market growth.

Construction Paints and Coatings Market Opportunities

Rising Demand for Green Coatings from the Building and Construction Industry

Rising demand for green coatings from the building and construction industry is expected to offer lucrative opportunities to the global paints and coatings market. In April 2024, JBP, Thailand’s top industrial paint maker, partnered with SCGC, a leader in sustainable chemicals, to launch the country’s first “Green Paint Container.” Made from 100% high-quality PCR PP resin, this eco-friendly container is designed for JBP’s SMARTSHIELD-X architectural paint, highlighting their commitment to sustainable innovation. This increased demand for paints and coatings in construction applications.

Increasing Use of Polyurethane as a Raw Material for the Manufacturing of Paints and Coatings

Increasing use of polyurethane as a raw material for the manufacturing of paints and coatings, as it offers long-term resistance to corrosion and scratches, and this is expected to create new market opportunities. For example, water-based polyurethane formulations used in the construction industry due to their durability. Thus, rising use of polyurethane as raw materials is expected to drive the market growth.

Market Report Scope

Construction Paints and Coatings Market Report Coverage

Key Developments

• In April 2025, AGC Chemicals Americas, Inc. introduced FibraLAST, the first non-fluorinated coating offering superior oil, water repellency, and isopropyl alcohol resistance for industrial fabrics and technical textiles. FibraLAST provides a high-performance, sustainable alternative to fluorinated repellents.
• In March 2025, AkzoNobel created a new waterborne wood coating containing 20% bio-based ingredients, boosting the use of renewable materials while maintaining high performance.
• In March 2025, PPG launched a digital lesson in collaboration with Centrum JongerenCommunicatie Chemie (C3), an educational nonprofit that engages children and youth with chemistry and life sciences. The "Green Paint Factory" lesson lets students design a factory and make decisions impacting sustainability and costs.
• In 2024, the Gallery
• In August 2021, PPG Industries, a U.S.-based company that provides speciality materials, paints, and coatings, launched PPG ENVIROCRON PCS P4 powder coatings for use on furniture, home decor, and architectural projects. It has application ranging from urban and office furniture to aluminium and steel substrates for building construction. This is the most recent generation of powder coatings satisfies the rising demand for matte and premium-textured surfaces.
• In June 2021, AkzoNobel, a Netherlands-based manufacturer of paints, coatings, and chemicals, acquired Grupo Orbis, a manufacturer of paints and coatings. The expansion of AkzoNobel's position in South and Central America was made possible by this acquisition.
• In November 2022, The Sherwin-Williams Company, a U.S.-based company that manufactures paints and coatings, acquired Oskar Nolte GmbH and Klumpp Coatings GmbH. This acquisition supports the company's acquisition of complementary, superior, and distinguishing businesses and offers opportunities to hasten their profitable expansion in the global industrial wood market.

Analyst Viewpoint

• The construction paints and coatings market is not just limited to coloring or finishing, it is gradually becoming an integral part of the building performance as well as safety. While most of us still think of it as a commodity, we cannot deny the fact that the market is shifting fast, driven by stringent laws, climate change, and rise in the expectations of customers.
• The switch from solvent-based to water-based paints is one of the most significant changes. Environmental regulations are driving this trend, which is no longer merely a fad. The VOC Directive (2004/42/EC) in the EU has compelled businesses to create low-emission goods. Consequently, more than 65 percent of architectural coatings sold in Western Europe are now water-based, which is a significant increase from ten years ago. This change is also a result of developers and contractors giving green building certifications like LEED and BREEAM, which call for environmentally friendly materials, placing more importance.
• Demand is changing, even in price-sensitive markets like India. As middle-class housing prices rise, businesses like Asian Paints and Berger are focusing on weather-resistant emulsions, particularly for regions that experience extreme heat or rain. Over the last three years, sales of anti-fungal and waterproof coatings have increased by more than 18% annually in states like Assam and Kerala. These products are now essential for long-term building durability rather than being luxury items.
• Dependency on titanium dioxide (TiO₂), a crucial component that gives paints their opaque and bright properties, is a more obscure problem in the market. However, stricter environmental regulations in China, the primary supplier, have made TiO₂ prices unstable. Businesses that fail to discover clever alternatives, such as hollow glass beads or calcium carbonate, run the risk of being priced out of the market. Raw material management is now a strategic risk rather than merely a financial concern.
• Last but not least, social and environmental responsibility is now required. In order to demonstrate how much carbon their coatings emit, builders are requesting Environmental Product Declarations (EPDs) from paint suppliers. Because they have integrated robust Life Cycle Assessment (LCA) procedures into their product development rather than adding them as an afterthought, industry leaders like PPG and AkzoNobel are ahead of the competition.

Market Segmentation

• Global Construction Paints And Coatings Market, By Product Type
  • High Solids/Radiation Cure
  • Powder Coatings
  • Waterborne Coatings
  • Solvent-borne Coatings
  • Others
• Global Construction Paints and Coatings Market, By Application
  • Automotive & Aviation
  • Medical & Healthcare
  • Residential
  • Commercial
  • Others
• Global Construction Paints and Coatings Market, By Region
  • North America
    • U.S.
    • Canada
  • Europe
    • France
    • Germany
    • U.K.
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Australia
    • India
    • Rest of the Asia Pacific
    • Rest of the World
• Company Profiles
  • Akzo Nobel N.V.
  • Asian Paints
  • Axalta Coating Systems
  • BASF SE
  • Berger Paints India Limited
  • Deutsche Amphibolin-Werke Von Robert Murjahn Stiftung & Company
  • Diamond Vogel Paints
  • Helios Group
  • KCC Corporation
  • Masco Corporation
  • Nippon Paint
  • PPG Industries Inc.

Sources

Primary Research Interviews

• In-depth interviews with manufacturers, distributors, and applicators of construction paints and coatings
• Expert consultations with architects, civil engineers, and procurement heads in the construction sector
• Discussions with sustainability officers and green building consultants

Databases

• Statista
• World Bank Open Data
• UN Comtrade Database
• IMF eLibrary
• CEIC Data
• Knoema
• National Sample Survey Office (NSSO) – India
• Eurostat
• US Energy Information Administration (EIA)

Magazines

• Coatings World
• Paint & Coatings Industry (PCI) Magazine
• Architectural Record
• Construction Week
• Building Design + Construction (BD+C)

Journals

• Journal of Coatings Technology and Research
• Progress in Organic Coatings
• Construction and Building Materials (Elsevier)
• International Journal of Construction Management
• Surface Coatings International

Newspapers

• The Economic Times
• Business Standard
• The Hindu Business Line
• Financial Times
• The Wall Street Journal

Associations

• Indian Paint Association (IPA)
• British Coatings Federation (BCF)
• American Coatings Association (ACA)
• European Council of the Paint, Printing Ink and Artists' Colours Industry (CEPE)
• Confederation of Indian Industry (CII)
• Federation of Indian Chambers of Commerce and Industry (FICCI)
• National Association of Home Builders (NAHB)

Public Domain Sources

• Government publications from ministries of housing, construction, and industry
• Environmental Protection Agency (EPA) reports
• BIS (Bureau of Indian Standards) publications on paints and coatings
• United Nations Environment Programme (UNEP) reports
• Academic thesis repositories (e.g., Shodhganga, ProQuest Open Access)
• Open-access regulatory documents and urban development master plans