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Construction Industry Surge Fuels Growth In Architectural Coatings Market: Pivotal Factor Influencing Architectural Coatings Market Growth in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Architectural Coatings Market Size Growth Forecast: What to Expect by 2025?
The market size for architectural coatings has seen robust growth in the recent past. Its size is projected to increase from $81.45 billion in 2024 to $85.95 billion in 2025, yielding a compound annual growth rate (CAGR) of 5.5%. Factors such as a construction boom, urbanization patterns, regulatory adherence, raw material cost fluctuations, and customer inclinations have contributed to the growth experienced during the historical period.
How Will the Architectural Coatings Market Size Evolve and Grow by 2029?
The market size of architectural coatings is projected to witness a robust growth in the upcoming years, expanding to "$109.54 billion by 2029, with a compound annual growth rate (CAGR) of 6.3%. The anticipated rise in the designated period can be credited to numerous factors including increased infrastructural investments, heightened consumer awareness, emerging global economic patterns, attention to health and security, and breakthroughs in formulations. Noteworthy trends expected during this forecast period consist of sustainability action and eco-friendly initiatives, advanced technology implementation, digital evolution in marketing strategies, customization and personalization, and escalating demand in developing markets.
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What Drivers Are Propelling the Growth of Architectural Coatings Market Forward?
The architectural coatings market is poised to experience significant growth propelled by the swift expansion of the construction industry. The construction industry is the business and manufacturing sphere that focuses on the construction, repair, and maintenance of infrastructure. Architectural coatings play a pivotal role in this sector, providing various coatings, including the painting of building exteriors and interiors. To ensure the building enclosures are energy-efficient, these coatings create essential air barriers. As an example, the Office for National Statistics (ONS), a government agency in the UK, reported that there was a 0.4% increase in construction output in August 2024. This improvement was mainly due to a 1.6% rise in new work. In addition, the United States Census Bureau (USCB), a US government agency, noted that the US allocated $1.83 billion to construction in 2022. Therefore, the quick escalation of the construction industry is fueling the advancement of the architectural coatings market.
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Which Emerging Trends Are Transforming the Architectural Coatings Market in 2025?
The upsurge in product innovations is a primary trend being witnessed in the architectural coatings market. To hold their standing in the market, predominant firms in this sector are developing innovative products. A case in point is PPG Industries Inc., a prominent US based paint and coatings manufacturer, which in February 2023 introduced the PPG STEELGUARD 951 - an innovative epoxy intumescent fire protection coating suitable for modern architectural steel that provides up to three hours of cellulosic fire protection. This coating caters specifically to fire protection needs in the architectural sector. Notably, without the need for a top coat, it also offers effective corrosion protection in extremely corrosive air environments up to ISO 12944 C5. This ultimately reduces project timeframe and expenses while ensuring the achievement of intended results.
What Are the Key Segments in the Architectural Coatings Market?
The architectural coatings market covered in this report is segmented -
1) By Resin Type: Acrylic, Alkyd, Epoxy, Polyurethane, Polyester, Urethane
2) By Technology: Solvent Borne, Water Borne
3) By Function: Ceramics, Inks, Lacquers, Paints, Powder Coatings, Primers, Sealers, Stains, Varnishes
4) By End User: Residential, Non-Residential
Subsegments:
1) By Acrylic: Water-Based Acrylic Coatings, Solvent-Based Acrylic Coatings, Emulsion Acrylic Coatings
2) By Alkyd: Oil-Based Alkyd Coatings, Water-Based Alkyd Coatings, High-Performance Alkyd Coatings
3) By Epoxy: Epoxy Primers, Epoxy Topcoats, Water-Based Epoxy Coatings
4) By Polyurethane: Water-Based Polyurethane Coatings, Solvent-Based Polyurethane Coatings, High-Performance Polyurethane Coatings
5) By Polyester: Thermosetting Polyester Coatings, Thermoplastic Polyester Coatings, Powder Polyester Coatings
6) By Urethane: Aliphatic Urethane Coatings, Aromatic Urethane Coatings, Urethane Adhesives And Sealants
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Who Are the Key Players Shaping the Architectural Coatings Market's Competitive Landscape?
Major companies operating in the architectural coatings market include Akzo Nobel N.V., Nippon Paint Holdings Co. Ltd., The Sherwin-Williams Company, BASF SE, PPG Industries Inc., RPM International Inc., Masco Corporation, Kansai Paint Co. Ltd., Asian Paints Ltd., Jotun Group, Axalta Coating Systems Ltd., 3trees Group, Sumter Coatings Inc., Brillux GmbH & Co. KG, J.W. Ostendorf GmbH & Co. KG, Hempel A/S, Berger Paints India Limited, Tikkurila Oyj, DAW SE, Cromology SAS, KCC Corporation, Benjamin Moore & Co., SK Kaken Co. Ltd., The Valspar Corporation, Diamond Vogel Inc., Dunn-Edwards Corporation , Cloverdale Paint Inc., Kelly-Moore Paints, BEHR Process Corporation, Caparol Paints LLC, H.B. Fuller Company
What Geographic Markets Are Powering Growth in the Architectural Coatings Market?
Asia-Pacific was the largest region in the architectural coatings market in 2024. It is expected to be the fastest-growing region in the global architectural coatings market during the forecast period. The regions covered in the architectural coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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