Exterior Paint Industry Expected to Reach $22.41 Billion by 2029 at 8.7% CAGR

Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.

Exterior Paint Market Value Projection: How Much Will the Market Size by 2025?
The market size for exterior paint has seen robust growth in the past few years. There will be an increase from $14.78 billion in 2024 to $16.06 billion in 2025, with a compound annual growth rate (CAGR) of 8.6%. Factors such as environmental regulations, the evolution in architectural styles, preference for design aesthetics, increased consumer awareness about environment-friendly products, fierce competition among paint producers and an expanding focus on aesthetics, all contributed to this growth during the historic period.

What Will Be the Market Growth Forecat for Exterior Paint in 2029?
Expectations for robust expansion in the exterior paint market size have been projected for the forthcoming years, with a predicted growth up to $22.41 billion by 2029, boasting a compound annual growth rate (CAGR) of 8.7%. This ascension during the forecast period could be primarily credited to the augment in construction and renovation activities, enhanced diversity in distribution channels, amplified requirement for high-performance coatings and a shift in consumer color preferences. Key predicted trends during this forecast window include the development of sustainable formulations, progress in nanotechnology, incorporation of smart coatings and functional additives, the rise of tailored exterior paint solutions, and the increasing use of digital technologies.

Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/exterior-paint-global-market-report

What Are the Core Competitive Drivers in the Exterior Paint Industry?
The expected surge in the exterior paint market could be fuelled by the increasing expenditures in infrastructure. In this context, infrastructure refers to the crucial physical and operational system and facilities necessary for the operations of a society or business, encompassing transportation, communication, utilities, and public services. Urban population growth, the increasing occurrence and intensity of climate-related disasters, global connectivity, and trade are all factors contributing to the expansion of infrastructure investment. Exterior paint, which provides protection, maintains and enhances the aesthetics of various structures and facilities, is a vital component in infrastructure development. For example, in April 2024, the World Bank, a US-based international financial organization, reported that private participation in infrastructure (PPI) commitments had escalated to $91.7 billion across 263 projects, a 23% increase from 2021. Hence, the increasing expenditures in infrastructure are propelling the growth of the exterior paint market.

Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15566&type=smp

Which Exterior Paint Market Segment Is Projected to See the Fastest Growth?
The exterior paint market covered in this report is segmented -

1) By Type: Silicone, Epoxy, Acrylic, Polyurethane, Other Types
2) By Product Type: Water-Based Paints, Solvent-Based Paints, Other Products Types
3) By Applications: Residential Buildings, Commercial Buildings, Industrial Buildings, Other Applications

Subsegments:
1) By Silicone: Acrylic-Silicone Hybrid Paints, Pure Silicone-Based Paints
2) By Epoxy: Water-Based Epoxy Paint, Solvent-Based Epoxy Paint
3) By Acrylic: Pure Acrylic Paint, Acrylic Latex Paint, Acrylic-Resin Modified Paint
4) By Polyurethane: Aliphatic Polyurethane Paint, Aromatic Polyurethane Paint
5) By Other Types: Alkyd Paint, Chlorinated Rubber Paint, Bituminous Paint, Zinc-Rich Paint, Eco-Friendly Or Low VOC Exterior Paint

Which Trends Are Opening New Opportunities in the Exterior Paint Market?
In the exterior paint industry, dominant players strive to create cutting-edge, technology-driven products to maintain their market edge. One such innovation is the integration of water-beading technology in exterior paints, effectively creating coatings that resist water and moisture thus protecting the painted surface. Notable mention goes to Valspar Corporation, an American paint manufacturer, who launched their new product - Valspar Defense in March 2022. This exterior paint and primer line not only incorporates the pioneering water-beading technology providing sturdy protection from water-induced damages but also offers enhanced safeguarding against fading, cracking, and peeling. Furthermore, Valspar Defense Exterior Paint & Primer showcases superior coverage, effectively concealing existing stains with just a single coat, and is specifically designed to be rain-ready in an hour.

Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=15566&type=smp

Who Are the Leaders in the Exterior Paint Market?
Major companies operating in the exterior paint market are BASF SE, Sherwin-Williams Company, PPG Industries Inc., Akzo Nobel N.V., Nippon Paint Holdings Co. Ltd., Masco Corporation, RPM International Inc., Axalta Coating Systems Ltd., Diamond Vogel Paints, Asian Paints Limited, Valspar Corporation, H.B. Fuller Company, Kansai Paint Co. Ltd., Hempel A/S, Jotun Group, DAW SE, Tikkurila Oyj, Berger Paints India Limited, Benjamin Moore & Co., Rust-Oleum Corporation, Dunn-Edwards Corporation, Cromology, TOA Group, Farrow & Ball Limited

Which Regional Exterior Paint Markets Offer the Greatest Growth Potential?
Asia-Pacific was the largest region in the exterior paint market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in the exterior paint market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Speak With Our Expert:
Saumya Sahay,
Americas: +1 310-496-7795,
Asia: +44 7882 955267 & +91 8897263534,
Europe: +44 7882 955267,
Email: saumyas@tbrc.info

The Business Research Company - www.thebusinessresearchcompany.com

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.