United States Architectural Coatings Market 2031 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

Architectural Coatings Market is growing with a CAGR of 5.7% during the forecast period 2024-2031.

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Key Development:

United States: Recent Architectural Coatings Developments

✅ In December 2025, HGTV Home by Sherwin‐Williams expanded its product lineup with new primer products across its architectural coatings range enhancing performance for both professional painters and DIY users with improved coverage and adhesion.

✅ In late 2025, PPG's architectural coatings division completed its transition to new ownership under The Pittsburgh Paints Company after being sold and rebranded marking a major structural shift in the U.S. architectural coatings landscape and setting the stage for future standalone growth.

✅ In November 2025, the global liquid paints and coatings market which includes architectural coatings saw expansions in sustainable low‐VOC and high‐performance formulations that are being increasingly adopted in U.S. construction and renovation projects.

✅ In late 2025, major players like Sherwin‐Williams and others reported ongoing innovation and sales performance in architectural coatings segments, reflecting stable demand and product evolution amid shifting end‐user preferences.

Japan: Recent Architectural Coatings Developments

✅ In November-December 2025, continued focus on water‐borne, low‐emission architectural coatings being adopted in Japan, as demand shifts toward environmentally friendly systems and compliance with stricter VOC rules reinforcing product innovation and sustainability trends in building maintenance and renovation.

✅ In October 2025, Japan Paint Manufacturers and leading coatings firms participated in the "塗料・塗装設備展 (Coating Japan)" trade show in Makuhari, showcasing the latest coatings technologies and functional surface treatments for architectural and construction applications signaling active industry engagement and new technical solutions.

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Europe: Recent Architectural Coatings Developments

✅ In October 2025, DRUCKFARBEN Group inaugurated a new architectural coatings production facility in Chalcis, Greece, expanding its manufacturing footprint and supporting local production autonomy and sustainable growth initiatives in Europe.

✅ In November 2025, AkzoNobel and Axalta announced a merger of equals, poised to create one of the largest global coatings companies a move that will significantly influence architectural coatings innovation and market strategy in Europe and beyond.

✅ Throughout late 2025, European architectural coatings firms continued to focus on eco‐friendly, low‐VOC formulations aligned with tightening EU environmental standards and circular‐economy goals, shaping product development and market positioning.

✅ In late 2025, industry bodies and events across Europe reinforced commitments to sustainable construction coatings, integrating advanced performance properties that enhance weather resistance and aesthetic longevity for modern building projects.

Key Players:

=> PPG Industries, Inc., Akzo Nobel N.V., Kansai Paints Co., Ltd., Asian Paints Limited, The Sherwin-Williams Company, and Nippon Paint Holdings Co., Ltd.

Key Segments:

By Resin Type

Acrylic Product - 25% share, widely used in architectural and decorative coatings for durability and gloss.
Alkyd Product - 20% share, commonly applied in industrial and metal coatings due to corrosion resistance.
Vinyl Product - 15% share, used in specialty coatings for plastic substrates and protective finishes.
Polyurethane Product - 25% share, high-performance coatings for automotive, industrial, and residential applications.
Others - 15% share, includes epoxies, silicone-based resins, and niche specialty resins.

By Technology

Waterborne Coatings - 40% share, growing due to eco-friendly regulations and low VOC requirements.
Solventborne Coatings - 35% share, still dominant in industrial applications requiring chemical resistance.
Powder Coatings - 25% share, preferred for metal substrates due to durability and minimal waste.

By Application

Residential - 45% share, includes interior and exterior paints for homes and apartments.
Non-Residential - 55% share, covers commercial buildings, infrastructure, and industrial applications.

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By Region

North America - 30% Share
Growth driven by regulatory push for waterborne coatings and industrial demand.

Europe - 25% Share
Sustainability initiatives and architectural renovation projects boost market adoption.

Asia Pacific - 30% Share
Rapid urbanization and construction growth drive high demand for both residential and industrial coatings.

South America - 10% Share
Emerging infrastructure projects and industrial expansions offer growth potential.

Middle East & Africa - 5% Share
Market expansion driven by industrial coatings and commercial construction projects.

FAQ

Q: What is the growth rate of the Architectural Coatings Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 5.7% during the forecast period from 2024 to 2031.

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