Paints and Coatings Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32
                     Global Paints and 
Coatings Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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Acco r d ing  t o  t he  l a t es t  r ep o r t  by  I M ARC  G r oup ,  t i t l ed  " P a i n t s  an d  Co at i ngs  
M ar ke t :  G l ob a l  I ndu st ry  T rend s ,  Shar e ,  S i ze ,  G row t h ,  O pp or t u n i t y  and  Fo rec as t  
2024 - 203 2 , "  t he  g lob a l  pa in t s  an d  coa t i ngs  m ar k e t  s i z e  r eac hed  US$  177 . 4  B i l l i on  i n  
2023 .
Report Pa in t s  a r e  m ade  f r o m  a  m ix t u r e  o f  p ig m en t s ,  b in de r s ,  so l v en t s ,  and  a dd i t i v es  t ha t  a r e  use d  t o  p r o t ec t  su r f ac es  aga ins t  v a r i ous  env i r onm en t a l  f ac t o r s ,  suc h  as  
m o i s t u r e ,  sun l i gh t ,  and  t e m pe r a t u r e  f l uc t ua t i o ns .  The y  a r e  an  ex ce l l en t  way  t o  
Highlight and enha nce  t he  a ppea r ance  o f  s u r f a ces  by  ad d ing  co lo r ,  t e x t u r e ,  a nd  o t he r  de co r a t i ve  
e f f e c t s .  
O n  t h e  o t he r  hand ,  coa t i n gs  a r e  p r odu ced  f r o m  d i f f e r en t  m a t e r i a ls ,  s uch  as  
Description po lym er s ,  ce r a m ics ,  and  m e t a l s ,  w h i ch  a r e  ap p l i ed  t o  va r i ous  su r f ace s  l i ke  m e t a l ,  
p las t i c ,  w ood ,  and  conc r e t e .  They  hav e  a n t i  f o u l i ng ,  an t i - m ic r ob ia l ,  o r  se l f - c l ea n ing  
p r op e r t i e s  and  con seque n t l y  app l i ed  t o  d i f f e r en t  su r f ace s  us i ng  b r u shes ,  r o l l e r s ,  
sp r a ye r s ,  and  d ip  coa t i n g .
Reque st  f o r  a  P DF  s ampl e  o f  t h i s  repor t :  
h t t p s : / / www. im ar c g r ou p . com / pa i n t s - co a t i n gs - m ar ke t / r eq ues t s am p le
Report Description
G lo b a l  P a in t s  a n d  C o a t in g s  M a r k e t  T r e n d s :
T h e r e  i s  a  s i g n i f i c a n t  g r o w t h  i n  t h e  c o n s t r u c t i o n  i n d u s t r y  a n d  a n  i n c r e a s e  i n  t h e  u s e  o f  p a i n t s  a n d  c o a t i n g s  o n  w a l l s ,  c e i l i n g s ,  
f l o o r s ,  r o o f s ,  a n d  o t h e r  s u r f a c e s  f o r  p r o te c t i n g  a n d  e n h a n c i n g  t h e  a p p e a r a n c e  o f  b u i l d i n g s .  T h i s ,  c o u p l e d  w i t h  r i s i n g  c o n s t r u c t i o n  
a c t i v i t i e s  i n  r e s i d e n t i a l ,  c o m m e r c i a l ,  a n d  i n d u s t r i a l  a r e a s  o n  a c c o u n t  o f  r a p i d  u r b a n i z a t i o n  a n d  i n f l a t i n g  i n c o m e  l e v e l s ,  r e p r e s e n t s  
o n e  o f  t h e  m a j o r  f a c t o r s  s t r e n g th e n i n g  t h e  m a r k e t  g r o w th  a r o u n d  t h e  w o r l d .  M o r e o v e r ,  p a i n t s  a n d  c o a t i n g s  a r e  e m p l o y e d  i n  t h e  
a u t o m o t i v e  i n d u s t r y  t o  p r o t e c t  v e h i c l e s  f r o m  s c r a t c h e s  a n d  o t h e r  d a m a g e s .  T h i s ,  a l o n g  w i t h  t h e  g r o w i n g  s a l e s  o f  l u x u r y  v e h i c l e s  
a n d  t h e  b u r g e o n i n g  a u to m o t i v e  s e c to r ,  i s  i n f l u e n c i n g  t h e  m a r k e t  p o s i t i v e l y .  
I n  a d d i t i o n ,  t h e  i n c r e a s i n g  u t i l i z a t i o n  o f  p a i n t s  a n d  c o a t i n g s  i n  t h e  a e r o s p a c e  i n d u s t r y  t o  p r e v e n t  e x t r e m e  e n v i r o n m e n t a l  f a c t o r s ,  
s u c h  a s  h i g h  t e m p e r a tu r e s ,  c o r r o s i o n ,  a n d  w e a r  a n d  t e a r ,  i s  f u e l i n g  t h e  g r o w th  o f  t h e  m a r k e t .  A p a r t  f r o m  th i s ,  k e y  p l a y e r s  a r e  
i n t r o d u c i n g  v o l a t i l e  o r g a n i c  c o m p o u n d s  ( V O C )  f r e e ,  b l o c k  r e s i s t a n t ,  a n d  o r g a n i c  p a i n t s  a n d  c o a t i n g s  t h a t  a r e  p r o d u c e d  u s i n g  
n a t u r a l  i n g r e d i e n t s  l i k e  l e m o n  p e e l  e x t r a c t ,  s e e d ,  c l a y ,  v e g e t a b l e ,  a n d  s o y b e a n  o i l  t o  e x p a n d  t h e i r  p r o d u c t  p o r t f o l i o .
L o o k in g  f o r w a r d ,  t h e  m a r k e t  i s  a n t i c ip a t e d  t o  r e a c h  a  v a lu e  o f  U S $  2 6 9 . 0  B i l l i o n  b y  2 0 3 2 ,  e x h i b i t i n g  a  C A G R  o f  4 . 6 %  d u r in g  
2 0 2 4 - 2 0 3 2 .
V ie w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / p a in t s - c o a t i n g s - m a r k e t
Breakup by Product:
• Waterborne Coatings
• Solvent-borne Coatings
• Powder Coatings
• High Sol ids/Radiat ion Cur ing
• Others
Report Breakup by Material:
• Acryl ic
Segmentation • Alkyd
• Polyurethane
• Epoxy
• Polyester
• Others
Breakup by Application:
• Architectural  and Decorat ive
• Non-Architectural
o Automotive and Transportat ion
o Wood
o General  Industr ia l
o Marine
o Protect ive
Report o Others
Segmentation
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
• Akzo Nobel N.V.
• Asian Paints Ltd.
• Axalta Coating Systems Ltd.
•
Competitive Berger Paints India Limited
• Indigo Paints Limited
Landscape • Jotun A/S
with Key • Kansai  Paint Co. Ltd.
Players • National  Paints Factories Co. Ltd.
• PPG Industr ies Inc.
• RPM International  Inc.
• The Sherwin-Wil l iams Company
• Tiger Coatings GmbH & Co. KG
What was the size of the global paints and coatings 
market in 2023?
What is the expected growth rate of the global 
paints and coatings market during 2024-2032?
What are the key factors driving the global paints 
Key and coatings market?
What has been the impact of COVID-19 on the 
Questions global paints and coatings market?
Answered in What is the breakup of the global paints and coatings market based on the product?
the Report What is the breakup of the global paints and 
coatings market based on the material?
What is the breakup of the global paints and 
coatings market based on the application?
What are the key regions in the global paints and 
coatings market?
Who are the key players/companies in the global 
paints and coatings market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  P a i n t s  a n d  C o a t i n g s  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  P r o d u c t
    6 . 1     W a t e r b o r n e  C o a t i n g s
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     S o l v e n t - b o r n e  C o a t i n g s
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
    6 . 3     P o w d e r  C o a t i n g s
        6 . 3 . 1  M a r k e t  T r e n d s
        6 . 3 . 2  M a r k e t  F o r e c a s t
       
    6 . 4     H i g h  S o l i d s / R a d i a t i o n  C u r i n g
        6 . 4 . 1  M a r k e t  T r e n d s
        6 . 4 . 2  M a r k e t  F o r e c a s t
    6 . 5     O t h e r s
        6 . 5 . 1  M a r k e t  T r e n d s
        6 . 5 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  M a t e r i a l
    7 . 1     A c r y l i c
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
Table of     7 . 2     A l k y d        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
    7 . 3     P o l y u r e t h a n e
Contents         7 . 3 . 1  M a r k e t  T r e n d s        7 . 3 . 2  M a r k e t  F o r e c a s t
    7 . 4     E p o x y
        7 . 4 . 1  M a r k e t  T r e n d s
        7 . 4 . 2  M a r k e t  F o r e c a s t
    7 . 5     P o l y e s t e r
        7 . 5 . 1  M a r k e t  T r e n d s
        7 . 5 . 2  M a r k e t  F o r e c a s t
    7 . 6     O t h e r s
        7 . 6 . 1  M a r k e t  T r e n d s
        7 . 6 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    8 . 1     A r c h i t e c t u r a l  a n d  D e c o r a t i v e
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. im a rcg ro u p . co m / p a i n t s - co a t i n gs - m a r ke t / t o c
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