Emulsion Paint Market Growth Accelerates: Strategic Forecast Predicts $15.26 Billion by 2029

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What Will the Emulsion Paint Industry Market Size Be by 2025?
The size of the emulsion paint market has seen significant growth in the past few years. The market, which was valued at $11.57 billion in 2024, is projected to increase to $12.27 billion in 2025, with a compound annual growth rate (CAGR) of 6.0%. The factors that contributed to the growth during the historic period include strict regulations controlling VOC emissions, economic circumstances, architectural fashion, the rise in consumer demand for environmentally friendly and sustainable coatings, demographic changes, and infrastructure growth.

What's the Long-Term Growth Forecast for the Emulsion Paint Market Size Through 2029?
The market size for emulsion paint is predicted to experience robust growth in the upcoming years, estimated to reach $15.26 billion in 2029, with a compound annual growth rate (CAGR) of 5.6%. This projected growth during the forecast period can be traced back to several key factors such as increased disposable income, enhanced consumer awareness, inclination towards water-based paints, expansion of commercial space development projects, and evolving lifestyle trends. Predominant trends for the forecast period encompass digitalization and e-commerce, growth of strategic alliances, advancement in applying techniques, innovations in products, and technological progressions.

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What Are the Key Growth Drivers Fueling the Emulsion Paint Market Expansion?
The upward trajectory of the real estate industry is predicted to fuel the advancement of the emulsion paint market. The real estate domain, involving activities ranging from buying, selling, renting, leasing and property development, heavily influences the economy. Factors such as demographic change, economic state, government regulations, and customer tastes shape this industry. The escalation of the real estate market, fueled by population growth, urbanization, economic growth, investment in infrastructure, and evolving consumer preferences, is expected to boost the emulsion paint market since this type of paint is prevalently utilized in real estate projects due to its benefits such as easy application, quick drying time, and an array of color options. For instance, Eurostat, a Europe-based government agency, recorded in February 2024 a marginal increase of 0.1% and 0.2% respectively in the average yearly building production in the European Union and the Euro region compared to 2022. Hence, the proliferation of real estate projects is stimulating the growth of the emulsion paint market.

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What Are the Key Trends Driving Emulsion Paint Market Growth?
Prominent businesses in the emulsion paint market are creating new products like acrylic polyol emulsions to improve efficiency and fulfil changing customer needs. These emulsions constitute aqueous mixtures of acrylic polymers which are emulsified into stable colloidal solutions. For instance, Arkema S.A., a specialty material manufacturing company based in France, unveiled SYNAQUA 9511 in August 2022. This new aqueous binder offers enhanced performance and is ideal for formulating industrial paints with less volatile organic compounds. Compared to traditional solvent-borne acrylic polyols, this innovatively designed waterborne binder featuring low VOC levels of less than 150 g/l, presents a superior blend of performance and sustainability. It is designed for use in 2K or 1K stoving systems and serves as an eco-friendly option for formulators of polyurethane (P.U.) paints and coatings. These are apt for topcoat and monocot applications on various substrates like metal, plastic, glass, wood, and concrete flooring.

How Is the Emulsion Paint Market Segmented?
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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Which Companies Are Leading the Charge in Emulsion Paint Market Innovation?
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.

Which Regions Are Leading the Global Emulsion Paint Market in Revenue?
Asia-Pacific was the largest region in the emulsion paint market in 2023. The regions covered in the emulsion paint market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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