Global Acrylic Surface Coating Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Substrate;

Concrete, Plastic, Metals, and Others.

By Application;

Construction, Automotive, Industrial, Marine, Furniture, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn132547963 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Acrylic Surface Coating Market (USD Million), 2021 - 2031

In the year 2024, the Global Acrylic Surface Coating Market was valued at USD 25,023.47 million. The size of this market is expected to increase to USD 38,886.14 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.5%.

The global acrylic surface coating market has experienced significant growth in recent years, driven by its versatile applications across various industries. Acrylic surface coatings are widely favored due to their excellent durability, weather resistance, and aesthetic appeal, making them suitable for both interior and exterior applications.

One of the key drivers of the market growth is the booming construction industry, where acrylic coatings are extensively used for protective and decorative purposes on concrete, wood, and metal surfaces. These coatings provide enhanced protection against UV radiation, moisture, and chemicals, thereby extending the lifespan of structures and reducing maintenance costs.

Moreover, the automotive sector has also contributed to the market expansion, with acrylic coatings being employed in automotive paints and coatings. They offer superior gloss retention and color stability, ensuring a vibrant and long-lasting finish on vehicles.

In addition to construction and automotive applications, the demand for acrylic surface coatings is also bolstered by the furniture and packaging industries. In furniture manufacturing, acrylic coatings are applied to enhance the aesthetics of wood products while providing scratch and abrasion resistance. In packaging, these coatings are used for printing and laminating purposes, offering excellent printability and adhesion to various substrates.

North America and Europe have traditionally been significant markets for acrylic surface coatings, driven by stringent environmental regulations favoring low-VOC (volatile organic compound) coatings. However, rapid industrialization and infrastructure development in the Asia-Pacific region are expected to propel market growth in the coming years, with countries like China, India, and Southeast Asian nations witnessing increased adoption of acrylic coatings in construction and automotive sectors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Substrate
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Acrylic Surface Coating Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Innovation in coating technology
        2. Growing construction and automotive sectors
        3. Environmental regulations favoring water-based coatings
        4. Increasing consumer awareness about sustainability
        5. Expansion in infrastructure projects
      2. Restraints
        1. Volatility in raw material prices
        2. Stringent regulatory compliance requirements
        3. Challenges in achieving high durability
        4. Competition from alternative coatings
        5. Impact of economic fluctuations
      3. Opportunities
        1. Rising demand for eco-friendly coatings
        2. Advancements in nanotechnology applications
        3. Expansion of the automotive aftermarket
        4. Emerging markets in Asia-Pacific
        5. Adoption of UV-cured acrylic coatings
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Acrylic Surface Coating Market, By Substrate, 2021 - 2031 (USD Million)
      1. Concrete
      2. Plastic
      3. Metals
      4. Others
    2. Global Acrylic Surface Coating Market, By Application, 2021 - 2031 (USD Million)
      1. Construction
      2. Automotive
      3. Industrial
      4. Marine
      5. Furniture
      6. Others
    3. Global Acrylic Surface Coating Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. PPG Industries
      2. AkzoNobel
      3. Sherwin-Williams
      4. Valspar Corporation (now part of Sherwin-Williams)
      5. Axalta Coating Systems
      6. Asian Paints
      7. Nippon Paint Holdings
      8. Kansai Paint Co., Ltd.
      9. RPM International Inc.
      10. Jotun Group
  7. Analyst Views
  8. Future Outlook of the Market