Global Architectural Coatings Market Size, Trends, By Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester, Urethane, and Others), By Technology (Solvent Borne and Water Borne), and By End-user Industry (Residential and Non-residential), By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa): Growth Opportunity Analysis and Industry Forecast, 2023-2030.
Global Architectural Coatings Market
The Global Architectural Coatings Market was valued at USD 79.2 billion in 2022 and is expected to expand to USD 105.8 billion by 2030, at a CAGR of 3.20% during the forecast period 2023-2030.
Architectural coatings or paints are paints and coatings which is used to paint the interiors & exteriors of buildings, often called exterior wall coatings & external masonry coatings. Clear varnishes and lacquers are generally excluded. Architectural coatings play an essential role in providing air obstacle that are important for energy- effective building enclosures. Air barriers stop the flow of air through the building, safeguarding the structure and increasing the productivity of heating & cooling systems in the building.
Market Drivers
The growing demand from the construction sector across the world acts as one of the major factors driving the growth of the architectural coatings market. The environment-friendly coating systems and usage of coating to prevent rusting & corrosion of metallic parts of tanks, radiators, fences, and metal furniture will further boost the market growth. The rising demand for high durability and eco-friendly coatings, and durable coatings with enhanced performance and aesthetics will drive the global architectural coatings market.
Market Restraints
Stringent laws and government regulations against the harmful VOCs emitted by certain architectural coatings are projected to obstruct the global architectural coatings market growth. The environmental concerns are expected to challenge the architectural coatings market in the forecast period of 2023-2030.
Impact of COVID-19
Disruptions in the supply chain which were caused due to the lockdown measures had severely affected the construction and manufacturing industry thereby temporarily decreasing the demand for architectural coating in the year 2020.
Market Segmentation
The global architectural coatings market is segmented into resin type (acrylic, alkyd, epoxy, polyurethane, polyester, urethane, and others), technology (solvent-borne and water-borne), and end-user industry (residential and non-residential).
Regional Analysis
The global architectural coatings market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the architectural coatings market owing to the large construction & restoration initiatives by government agencies within the region.
The Asia-Pacific region is anticipated to be the fastest-growing market during the forecast period of 2030 due to the increasing disposable income and rising demand for interior decoration in the region.
Key Players
Various key players are discussed in the global architectural coatings market report including; NIPSEA Group, BASF SE, Asian Paints Limited, Axalta Coating Systems, LLC, Brillux GmbH & Co. KG, Colorado Commercial & Residential Painting, IFS Coatings, Kansai Paint Co., Ltd., KEIM Mineral Coatings of America, Inc., Kelly-Moore Paints, and Others.
Market Taxonomy
By Resin Type
• Acrylic
• Alkyd
• Epoxy
• Polyurethane
• Polyester
• Urethane
• Others
By Technology
• Solvent Borne
• Water Borne
By End-user Industry
• Residential
• Non-residential
By Region
• North America
• U.S.
• Canada
• Mexico
• Latin America
• Brazil
• Argentina
• Colombia
• Peru
• Chile
• Venezuela
• Rest of Latin America
• Europe
• Germany
• France
• UK
• Russia
• Italy
• Spain
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• New Zealand
• Singapore
• Malaysia
• Rest of Asia Pacific
• Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Tanzania
• Rest of The Middle East & Africa
Key Question Addressed by the Report
· What are the Key Opportunities in the Global Architectural Coatings Market?
· What will be the growth rate from 2023 to 2030?
· Which segment/region will have the highest growth?
· What are the factors that will impact/drive the Market?
· What is the role of key players in the value chain?
Architectural Coatings Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Architectural Coatings Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact Due To Recent Energy Crisis
4.2.5 Cumulative Impact Due To Nearing Economic Downturn
4.2.6 Post-Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Architectural Coatings Market, By Resin Type
5.1 Y-o-Y Growth Comparison, By Resin Type
5.2 Global Architectural Coatings Market Share Analysis, By Resin Type
5.3 Global Architectural Coatings Market Size and Forecast, By Resin Type
5.3.1 Acrylic
5.3.2 Alkyd
5.3.3 Epoxy
5.3.4 Polyurethane
5.3.5 Polyester
5.3.5 Urethane
5.3.6 Others
6 Global Architectural Coatings Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Architectural Coatings Market Share Analysis, By Technology
6.3 Global Architectural Coatings Market Size and Forecast, By Technology
6.3.1 Solvent Borne
6.3.2 Water Borne
7 Global Architectural Coatings Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Architectural Coatings Market Share Analysis, By End User
7.3 Global Architectural Coatings Market Size and Forecast, By End User
7.3.1 Residential
7.3.2 Non-residential
8 Global Architectural Coatings Market, By Region
8.1 Global Architectural Coatings Market Share Analysis, By Region
8.2 Global Architectural Coatings Market Share Analysis, By Region
8.3 Global Architectural Coatings Market Size and Forecast, By Region
9 North America Architectural Coatings Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Architectural Coatings Market Share Analysis, By Resin Type
9.3 North America Architectural Coatings Market Share Analysis, By Technology
9.4 North America Architectural Coatings Market Share Analysis, By End User
9.5 North America Architectural Coatings Market Size and Forecast, By Country
9.5.1 U.S
9.5.1.1 Market Size and Forecast, By Resin Type
9.5.1.2 Market Size and Forecast, By Technology
9.5.1.3 Market Size and Forecast, By End User
9.5.2 Canada
9.5.2.1 Market Size and Forecast, By Resin Type
9.5.2.2 Market Size and Forecast, By Technology
9.5.2.3 Market Size and Forecast, By End User
9.5.3 Mexico
9.5.3.1 Market Size and Forecast, By Resin Type
9.5.3.2 Market Size and Forecast, By Technology
9.5.3.3 Market Size and Forecast, By End User
10 Europe Architectural Coatings Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Architectural Coatings Market Share Analysis, By Resin Type
10.3 Europe Architectural Coatings Market Size and Forecast, By Technology
10.4 Europe Architectural Coatings Market Size and Forecast, By End User
10.5 Europe Architectural Coatings Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1 Market Size and Forecast, By Resin Type
10.5.1.2 Market Size and Forecast, By Technology
10.5.1.3 Market Size and Forecast, By End User
10.5.2 France
10.5.2.1 Market Size and Forecast, By Resin Type
10.5.2.2 Market Size and Forecast, By Technology
10.5.2.3 Market Size and Forecast, By End User
10.5.3 UK
10.5.3.1 Market Size and Forecast, By Resin Type
10.5.3.2 Market Size and Forecast, By Technology
10.5.3.3 Market Size and Forecast, By End User
10.5.4 Russia
10.5.4.1 Market Size and Forecast, By Resin Type
10.5.4.2 Market Size and Forecast, By Technology
10.5.4.3 Market Size and Forecast, By End User
10.5.5 Italy
10.5.5.1 Market Size and Forecast, By Resin Type
10.5.5.2 Market Size and Forecast, By Technology
10.5.5.3 Market Size and Forecast, By End User
10.5.6 Spain
10.5.6.1 Market Size and Forecast, By Resin Type
10.5.6.2 Market Size and Forecast, By Technology
10.5.6.3 Market Size and Forecast, By End User
10.5.7 Rest of Europe
10.5.7.1 Market Size and Forecast, By Resin Type
10.5.7.2 Market Size and Forecast, By Technology
10.5.7.3 Market Size and Forecast, By End User
11 Asia Pacific Architectural Coatings Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Architectural Coatings Market Share Analysis, By Resin Type
11.3 Asia Pacific Architectural Coatings Market Size and Forecast, By Technology
11.4 Asia Pacific Architectural Coatings Market Size and Forecast, By End User
11.5 Asia Pacific Architectural Coatings Market Size and Forecast, By Country
11.5.1 China
11.5.1.1 Market Size and Forecast, By Resin Type
11.5.1.2 Market Size and Forecast, By Technology
11.5.1.3 Market Size and Forecast, By End User
11.5.2 Japan
11.5.2.1 Market Size and Forecast, By Resin Type
11.5.2.2 Market Size and Forecast, By Technology
11.5.2.3 Market Size and Forecast, By End User
11.5.3 India
11.5.3.1 Market Size and Forecast, By Resin Type
11.5.3.2 Market Size and Forecast, By Technology
11.5.3.3 Market Size and Forecast, By End User
11.5.4 South Korea
11.5.4.1 Market Size and Forecast, By Resin Type
11.5.4.2 Market Size and Forecast, By Technology
11.5.4.3 Market Size and Forecast, By End User
11.5.5 Australia
11.5.5.1 Market Size and Forecast, By Resin Type
11.5.5.2 Market Size and Forecast, By Technology
11.5.5.3 Market Size and Forecast, By End User
11.5.6 New Zealand
11.5.6.1 Market Size and Forecast, By Resin Type
11.5.6.2 Market Size and Forecast, By Technology
11.5.6.3 Market Size and Forecast, By End User
11.5.7 Singapore
11.5.7.1 Market Size and Forecast, By Resin Type
11.5.7.2 Market Size and Forecast, By Technology
11.5.7.3 Market Size and Forecast, By End User
11.5.8 Malaysia
11.5.8.1 Market Size and Forecast, By Resin Type
11.5.8.2 Market Size and Forecast, By Technology
11.5.8.3 Market Size and Forecast, By End User
11.5.9. Rest of Asia Pacific
11.5.9.1 Market Size and Forecast, By Resin Type
11.5.9.2 Market Size and Forecast, By Technology
11.5.9.3 Market Size and Forecast, By End User
12 Latin America Architectural Coatings Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Architectural Coatings Market Share Analysis, By Resin Type
12.3 Latin America Architectural Coatings Market Share Analysis, By Technology
12.4 Latin America Architectural Coatings Market Share Analysis, By End User
12.5 Latin America Architectural Coatings Market Size and Forecast, By Country
12.5.1. Brazil
12.5.1.1 Market Size and Forecast, By Resin Type
12.5.1.2 Market Size and Forecast, By Technology
12.5.1.3 Market Size and Forecast, By End User
12.5.2 Argentina
12.5.2.1 Market Size and Forecast, By Resin Type
12.5.2.2 Market Size and Forecast, By Technology
12.5.2.3 Market Size and Forecast, By End User
12.5.3 Colombia
12.5.3.1 Market Size and Forecast, By Resin Type
12.5.3.2 Market Size and Forecast, By Technology
12.5.3.3 Market Size and Forecast, By End User
12.5.4 Peru
12.5.4.1 Market Size and Forecast, By Resin Type
12.5.4.2 Market Size and Forecast, By Technology
12.5.4.3 Market Size and Forecast, By End User
12.5.5 Chile
12.5.5.1 Market Size and Forecast, By Resin Type
12.5.5.2 Market Size and Forecast, By Technology
12.5.5.3 Market Size and Forecast, By End User
12.5.6 Venezuela
12.5.6.1 Market Size and Forecast, By Resin Type
12.5.6.2 Market Size and Forecast, By Technology
12.5.6.3 Market Size and Forecast, By End User
12.5.7 Rest of Latin America
12.5.7.1 Market Size and Forecast, By Resin Type
12.5.7.2 Market Size and Forecast, By Technology
12.5.7.3 Market Size and Forecast, By End User
13 Middle East Architectural Coatings Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Architectural Coatings Market Share Analysis, By Resin Type
13.3 Middle East Architectural Coatings Market Size and Forecast, By Technology
13.4 Middle East Architectural Coatings Market Size and Forecast, By End User
13.5 Middle East Architectural Coatings Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.1.1 Market Size and Forecast, By Resin Type
13.5.1.2 Market Size and Forecast, By Technology
13.5.1.3 Market Size and Forecast, By End User
13.5.2 UAE
13.5.2.1 Market Size and Forecast, By Resin Type
13.5.2.2 Market Size and Forecast, By Technology
13.5.2.3 Market Size and Forecast, By End User
13.5.3 Egypt
13.5.3.1 Market Size and Forecast, By Resin Type
13.5.3.2 Market Size and Forecast, By Technology
13.5.3.3 Market Size and Forecast, By End User
13.5.4 Kuwait
13.5.4.1 Market Size and Forecast, By Resin Type
13.5.4.2 Market Size and Forecast, By Technology
13.5.4.3 Market Size and Forecast, By End User
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Resin Type
13.5.5.2 Market Size and Forecast, By Technology
13.5.5.3 Market Size and Forecast, By End User
13.5.6 Tanzania
13.5.6.1 Market Size and Forecast, By Resin Type
13.5.6.2 Market Size and Forecast, By Technology
13.5.6.3 Market Size and Forecast, By End User
13.5.7 Rest of Middle East & Africa
13.5.7.1 Market Size and Forecast, By Resin Type
13.5.7.2 Market Size and Forecast, By Technology
13.5.7.3 Market Size and Forecast, By End User
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 NIPSEA Group
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 BASF SE
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Asian Paints Limited
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Axalta Coating Systems, LLC.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Brillux GmbH & Co. KG
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Colorado Commercial & Residential Painting
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 IFS Coatings
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Kansai Paint Co., Ltd.
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 KEIM Mineral Coatings of America Inc.
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Kelly-Moore Paints
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
