Global Architectural Coatings Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

• On March 11, 2022, AkzoNobel opened a global R&D center in the UK. This will help the organization to further advance in innovation capabilities in the area of decorative paints.

• On February 10, 2022, Hempel acquired KHIMJI PAINTS LLC. This acquisition will expand the roots of Hempel in the Middle East.

• On June 10, 2021, PPG Industries acquired TIKKURILA, a leading Nordic paint and coating company in Finland. This is expansion will grow sales of PPG Industries in Finland, Sweden, Russia, Poland, and the Baltic states.

In this report, the Architectural Coatings Market has been segmented by Resin Type, Technology, Coating Type, User Type, Application, and Geography.

Architectural Coatings Market, Segmentation by Resin Type

The Architectural Coatings Market has been segmented by Resin Type into Acrylic Resin, Alkyd Resin, Vinyl Resin, Polyurethane Resin, and Others.

Acrylic Resin

Acrylic resin leads the architectural coatings market, accounting for over 33% of the global share as of 2023. Its widespread use is attributed to excellent weatherability, strong adhesion, and superior color retention—making it suitable for both indoor and outdoor applications. The demand is particularly high in emerging economies such as China and India due to rapid infrastructure development and urban expansion.

Alkyd Resin

Alkyd resins are known for their cost-effectiveness, glossy finish, and good adhesion properties, making them popular in decorative and industrial paints. They maintain a strong presence in developing markets. In North America, alkyds held approximately 63.2% of the regional market share in 2023, driven by increased construction activities and demand for long-lasting protective coatings.

Vinyl Resin

Vinyl resins, such as vinyl acetate and vinyl acrylics, offer excellent moisture resistance, flexibility, and affordability. These features make them ideal for interior coatings and primers, especially in residential settings. Though detailed share statistics are limited, vinyl resins are favored in budget-conscious markets and are widely adopted in do-it-yourself (DIY) applications due to their ease of use.

Polyurethane Resin

Polyurethane resins are highly valued for their durability, resistance to chemicals, and superior abrasion performance. They are extensively used in high-traffic and exterior architectural applications, such as floor coatings and facades. In 2022, the Asia-Pacific region accounted for about 36% of global polyurethane resin demand, driven by large-scale infrastructure projects and industrial growth.

Others

This category includes specialized resins like epoxy, polyester, fluoropolymers, and polyaspartics. Although they constitute a smaller portion of the overall market, these resins play a critical role in specialized applications that require UV stability, rapid curing, or enhanced chemical resistance. They are often selected for niche projects with specific technical demands.

Architectural Coatings Market, Segmentation by Technology

The Architectural Coatings Market has been segmented by Technology into Waterborne Coatings, Solventborne Coatings, and Powder Coatings.

Waterborne Coatings

Waterborne coatings have emerged as the leading technology in the architectural coatings market, capturing approximately 60.3% of the global share in 2023. Their popularity is driven by low VOC emissions and compliance with stringent environmental regulations, making them a preferred choice in both developed and emerging markets. Notably, around 68% of waterborne coatings are utilized in architectural applications, including interior and exterior wall coatings, reflecting a significant market transition towards sustainable solutions.

Solventborne Coatings

Solventborne coatings accounted for about 25% of the architectural coatings market share in 2023. These coatings are valued for their exceptional durability and long-term protection of various surfaces, including wood, metal, concrete, and masonry. Despite facing a gradual decline due to environmental concerns and longer drying times, they remain relevant in specific applications where their robust performance is indispensable.

Powder Coatings

Powder coatings are gaining traction in the architectural sector, particularly in regions like Asia Pacific, which dominated the market with a 61.65% share in 2023. Their solvent-free formulations contribute to negligible VOC emissions, aligning with the global shift towards eco-friendly coatings. Additionally, powder coatings offer superior durability, scratch resistance, and gloss retention, making them ideal for applications requiring long-lasting and aesthetically pleasing finishes.

Architectural Coatings Market, Segmentation by Coating Type

The Architectural Coatings Market has been segmented by Coating Type into Interior, Exterior, and Others.

Interior Coatings

Interior coatings dominate the architectural coatings market, accounting for approximately 70.4% of the global share in 2023. This dominance is driven by increasing residential construction and renovation activities, particularly in urban areas. The demand for low-VOC and eco-friendly paints has surged, aligning with consumer preferences for healthier indoor environments. Additionally, the rise in DIY home improvement projects has further propelled the growth of interior coatings.

Exterior Coatings

Exterior coatings held a significant share of the market in 2023. These coatings are essential for protecting structures against UV radiation, moisture, and temperature fluctuations. The increasing focus on infrastructure development and urbanization has amplified the demand for durable and weather-resistant exterior coatings. Moreover, advancements in technologies have led to the development of coatings with enhanced color retention and longevity.

Others

The 'Others' segment encompasses specialized coatings such as roof coatings, floor coatings, and anti-graffiti coatings. While representing a smaller portion of the market, these coatings play a crucial role in specific applications requiring unique properties like thermal insulation, abrasion resistance, and anti-microbial features. The growing emphasis on sustainable building practices and energy efficiency is expected to drive the demand for these specialized coatings in the coming years.

Global Architectural Coatings Market, Segmentation by User Type

The Global Architectural Coatings Market has been segmented by User Type into DIY and Professional.

DIY

The DIY (Do-It-Yourself) segment accounted for approximately 37% of the architectural coatings market in 2023. This growth is driven by increasing home renovation projects and a surge in DIY culture, especially during periods of restricted professional services. Consumers in this segment prioritize user-friendly, low-VOC, and quick-drying products that offer convenience and ease of application. The trend towards personalized home improvement continues to bolster the demand in this category.

Professional

The professional user segment dominated the market with a 63% share in 2023. This dominance is attributed to the rebound of the commercial building sector and the demand for high-performance coatings that meet stringent regulatory standards. Professionals seek products that offer durability, efficiency, and compliance with environmental regulations. The preference for specialized coatings in large-scale projects underscores the significance of this segment in the architectural coatings market.

Global Architectural Coatings Market, Segmentation by Application

The Global Architectural Coatings Market has been segmented by Application into Residential and Non-Residential.

Residential

The residential segment dominated the architectural coatings market in 2023, holding approximately 70.4% of the global share. This growth is driven by rapid urbanization, increasing home renovations, and rising disposable incomes. The surge in DIY home improvement projects and the demand for eco-friendly, low-VOC coatings have further propelled the market in this segment.

Non-Residential

The non-residential segment accounted for about 41% of the architectural coatings market in 2023. This sector encompasses commercial, industrial, and institutional buildings, where the need for durable and weather-resistant coatings is paramount. The expansion of infrastructure projects and the development of smart cities globally are significant factors contributing to the growth of this segment.

Global Architectural Coatings Market, Segmentation by Geography

In this report, the Global Architectural Coatings Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Global Architectural Coatings Market Share (%), by Geographical Region

North America

North America holds a significant position in the architectural coatings market, with the United States accounting for approximately 70% of the regional share in 2024. The market is driven by robust residential construction activities and increasing renovation projects across major metropolitan areas. The presence of major players like Sherwin-Williams, PPG Industries, and Benjamin Moore fosters a competitive landscape with continuous product innovations and a focus on sustainable solutions.

Europe

Europe's architectural coatings market is characterized by a high demand for environmentally friendly and high-performance products. Stringent regulations on VOC emissions and environmental protection drive innovation in sustainable coatings. The region's well-established automotive, aerospace, and marine industries significantly contribute to the market. Additionally, the focus on energy-efficient buildings and the renovation of existing infrastructure fuel the demand for architectural coatings.

Asia Pacific

Asia Pacific leads the global architectural coatings market, accounting for approximately 41.2% of the market share in 2023. The region's dominance is attributed to rapid urbanization, extensive infrastructure development, and a growing middle-class population. Countries like China, India, and Southeast Asian nations are major contributors, with significant investments in residential and commercial construction projects driving the demand for architectural coatings.

Middle East and Africa

The Middle East and Africa region is experiencing growth in the architectural coatings market, driven by construction booms in the Gulf Cooperation Council (GCC) countries and increased industrial activities in African nations. The demand in this region is characterized by the need for high-performance coatings suitable for extreme weather conditions and industrial applications. The focus on sustainable building practices and green certification programs is influencing product development strategies among coating manufacturers.

Latin America

Latin America's architectural coatings market is growing, driven by the expansion of the construction and industrial sectors, particularly in countries such as Brazil and Mexico. The region shows potential for growth in both architectural and industrial coatings, with an increasing emphasis on sustainable and eco-friendly products. Government initiatives to develop affordable housing projects have stimulated demand for cost-effective yet durable architectural coating solutions.

This report provides an in depth analysis of various factors that impact the dynamics of Global Architectural Coatings Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Drivers

• Urbanization
• Infrastructure Development
• Rising Disposable Incomes

• Home Renovation Trends - Home renovation trends are evolving rapidly, driven by changing lifestyles, technological advancements, and the desire for personalization and sustainability. One significant trend is the rise of open-concept living spaces, which break down traditional barriers between rooms to create more fluid, multifunctional areas. This trend emphasizes connectivity and interaction within the home, making spaces feel larger and more inviting.

  Sustainability and eco-friendliness have become crucial considerations in home renovations. Homeowners are increasingly opting for energy-efficient appliances, sustainable building materials, and renewable energy solutions such as solar panels. This trend is driven by both environmental concerns and the long-term cost savings associated with reduced energy consumption.

  Another notable trend is the emphasis on **personalization and customization**. Homeowners are looking to create spaces that reflect their individual tastes and lifestyles. This can be seen in the growing popularity of bespoke furniture, custom cabinetry, and unique design elements that make a home truly one-of-a-kind. Renovations often include creating dedicated spaces for specific activities, such as home offices, gyms, or entertainment rooms, tailored to the family's needs.

Restraints

• Stringent Environmental Regulations
• High Raw Material Costs
• Volatile Organic Compounds (VOC) Restrictions

• Economic Uncertainty - Economic uncertainty significantly impacts the global architectural coatings market, influencing both supply and demand dynamics. During periods of economic instability, such as recessions or financial crises, there is typically a slowdown in construction activities as businesses and individuals delay or cancel building and renovation projects. This reduction in construction directly affects the demand for architectural coatings, leading to lower sales and revenue for manufacturers.

  Supply chain disruptions are another major consequence of economic uncertainty. Fluctuating economic conditions can lead to increased volatility in raw material prices, particularly for key components like titanium dioxide, resins, and solvents. This volatility can squeeze profit margins for manufacturers, especially when they are unable to pass on the increased costs to customers.

  Economic uncertainty often leads to reduced investments in research and development (R&D) and innovation within the architectural coatings industry. Companies may become more risk-averse and focus on maintaining their current operations rather than investing in new technologies, sustainable solutions, or advanced formulations. This cautious approach can slow the pace of innovation and limit the introduction of new products that could meet evolving market needs or regulatory requirements.

Opportunities

• Emerging Markets
• Sustainable Coatings
• Innovative Product Development

• Expansion of Smart Cities - The expansion of smart cities presents significant opportunities for the global architectural coatings market. Smart cities, which integrate advanced technologies and sustainable practices to enhance urban living, require innovative building materials and coatings to meet their ambitious goals.

  The integration of smart technologies into urban planning and construction also drives the demand for high-performance and multifunctional coatings. These include self-cleaning, anti-bacterial, and air-purifying coatings that contribute to healthier and more sustainable living environments.

  The emphasis on aesthetics and long-term durability in smart city projects boosts the demand for premium architectural coatings. Smart cities often aim to create visually appealing and culturally significant urban landscapes that require high-quality finishes and innovative design solutions. Architectural coatings that offer enhanced weather resistance, color retention, and aesthetic versatility are essential in these projects.

Key players in Global Architectural Coatings Market include;

• The Sherwin-Williams Company
• PPG Industries, Inc.
• Hempel
• Akzo Nobel N.V.
• BASF SE
• Asian Paints Limited
• Kansai Paint Co., Ltd.
• Nippon Paint Holdings Co., Ltd.
• Masco Corporation
• Jotun Group
• RPM International Inc.

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis