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Rising Real Estate Projects Fueling The Growth Of The Emulsion Paint Market: An Emerging Driver Transforming The Emulsion Paint Market Landscape
Emulsion Paint
What Is the Projected Growth of the Emulsion Paint Market?
The emulsion paint market size has grown strongly in recent years. It will grow from $11.57 billion in 2024 to $12.27 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to stricter laws governing VOC emissions, economic conditions, architectural trends, growing consumer demand for eco-friendly and sustainable coatings, demographic shifts, and infrastructure development.
The emulsion paint market is projected to see strong growth, reaching $15.26 billion by 2029, at a compound annual growth rate (CAGR) of 5.6%. Growth drivers include rising disposable incomes, increased consumer awareness, the shift to water-based paints, commercial space development, and improved lifestyle trends. Major trends include digitalization, e-commerce growth, advanced application techniques, product innovation, and technological advancements.
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What Are the Different Emulsion Paint Market Segments?
The emulsion paint market covered in this report is segmented -
1) By Type: Interior Emulsion Paint, Water-Soluble Paint, Antifouling Emulsion Paint, Antimicrobial Emulsion Paint, Other Types
2) By Technology: Waterborne, Solvent borne
3) By Distribution Channel: Offline, Online
4) By Application: Household, Commercial Space, Administrative Space, Entertainment Space
Subsegments:
1) By Interior Emulsion Paint: Matte Finish Interior Paint, Satin Or Gloss Finish Interior Paint, Eggshell Finish Interior Paint
2) By Water-Soluble Paint: Acrylic Water-Soluble Paint, Latex-Based Water-Soluble Paint, Other Water-Soluble Paints
3) By Antifouling Emulsion Paint: Marine Antifouling Paints, Anti-Microbial Antifouling Paints, Eco-Friendly Antifouling Paints
4) By Antimicrobial Emulsion Paint: Paints With Silver Ions, Paints With Copper-Based Compounds, Other Antimicrobial Paints
5) By Other Types: Heat-Resistant Emulsion Paints, Fire-Retardant Emulsion Paints, Eco-Friendly Or Low VOC Emulsion Paints
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What Are the Primary Drivers Shaping the Emulsion Paint Market?
The rising real estate industry is expected to propel the growth of the emulsion paint market. Emulsion paints are widely used in real estate for both interior and exterior applications due to their ease of use, rapid drying, and variety of color options. As real estate activities, including construction and renovation, expand globally, the demand for emulsion paints will grow. According to Eurostat, building production in the European Union saw an increase in 2023, reflecting a booming real estate market that will likely fuel the growth of emulsion paint consumption.
Which Companies Are Leading in the Emulsion Paint Market?
Major companies operating in the emulsion paint market are BASF SE, The Sherwin-Williams Company, PPG Industries Inc., Sika AG, Akzo Nobel N.V., Nippon Paint Holdings Co. Ltd., RPM International Inc., Axalta Coating Systems Ltd., Asian Paints Limited, Valspar Corporation, Kansai Paint Co. Ltd., Jotun Group, DAW SE, Tikkurila Oyj, Behr Process Corporation, Berger Paints India Limited, DuluxGroup Limited, Benjamin Moore & Co., Dunn-Edwards Corporation, TOA Group, The Diamond Vogel Paint Company, Pacific Paint Philippines Inc., Kelly-Moore Paint Company Inc., Crown Paints Limited, MRF Limited, Hempel A/S, Paint Library Ltd.
What Are the Latest Developing Trends in the Emulsion Paint Market?
Key players in the emulsion paint industry are introducing novel products such as acrylic polyol emulsions to elevate functionality and adapt to changing consumer needs. Acrylic polyol emulsions are water-based mixtures of acrylic polymers emulsified to create stable colloidal suspensions. For instance, in August 2022, Arkema S.A., a specialty materials manufacturer based in France, unveiled SYNAQUA 9511, a novel aqueous binder with superior performance suitable for designing industrial paints with decreased volatile organic compounds. This groundbreaking waterborne binder provides an optimal fusion of functionality and sustainability, with lower VOC levels (
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