"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Architectural Coatings Market Size, Share & COVID-19 Impact Analysis, By Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester, and Others), By Technology (Solvent Borne, Water Borne, Others), By End-use (Residential and Non-residential) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI108659 | Status : Ongoing



The architectural coatings market size has experienced significant growth over the years, primarily driven by various factors, including interior and exterior wall paints. These paints are widely applied on interior walls and ceilings to provide decorative finishes, adding color and texture to living spaces.

The growth in the construction sector also drives the market due to the increasing population, urbanization, and infrastructural development that created a demand for architectural coating. These coatings are used for protecting and enhancing the aesthetics of the building, boosting the architectural coatings market. In addition, rising environmental awareness and concerns shift people toward sustainable products, propelling the demand for architectural coating in the coming years.

  • In India, the Ministry of Housing and Urban Development (MoHUA) allocated funds in the 2021 budget to construct houses and create funds to complete halted projects.

With the residential sector being one of the largest growing sectors, demand for architectural coating in this sector has increased rapidly in recent years. It is crucial in protecting the building from weathering, U.V. radiation, moisture, and other environmental factors.

  • Asia Pacific contributes around 45% of global anti-fog coatings production. China, Japan, and India are the largest manufacturers of anti-fog coatings in Asia Pacific.

The major manufacturers by country are China, Japan, and India in Asia Pacific; the U.S. and Canada in North America; Germany and France in Europe; Saudi Arabia and the UAE in the Middle East.

  • In 2022, the total revenue generated from synthetic resin manufacturing in China was USD 187 billion. 

  • The global sales volume of polyurethane amounted to nearly 25.78 million tons in 2022.

By Resin Type

By Technology

By End-use

By Geography

  • Acrylic

  • Alkyd

  • Epoxy

  • Polyurethane

  • Polyester

  • Others

  • Solvent Borne

  • Water Borne

  • Others

  • Residential

  • Non-residential

  • North America (U.S. and Canada)

  • Europe (Germany, France, Italy, U.K., and the Rest of Europe)

  • Asia Pacific (China, India, Japan, ASEAN and Rest of APAC)

  • Latin America (Brazil, Mexico, and the Rest of LATAM)

  • Middle East & Africa (GCC, South Africa, and the Rest of MEA.)

Key Insights

The report will cover the following key insights:

  • Key Market Trends

  • Regulatory Scenario of the Market

  • Key Developments in the Market

  • Latest Technological Advancement

  • Impact of COVID-19 on the Market

Architectural Coatings Market Segmentation

Analysis by Resin Type

By resin type, the acrylic segment holds a significant market share. 

  • Acrylic resin has gained significant popularity and has become a preferred choice in architectural coating due to its unique characteristics and properties. These resins are widely used in exterior paints, offering excellent weathering resistance, durability, and color retention properties.

  • Acrylic resins protect buildings from UV radiation, moisture, and temperature fluctuation. These factors will boost the architectural coatings market in the coming years.

Analysis by Technology

By technology, the solvent-borne segment holds a significant market share.

  • Solvent-borne technology is extensively used in architectural coating due to its excellent performance and durability. This technology is widely used in architectural applications within industrial and commercial applications.

  • These types of coating withstand heavy foot traffic, abrasion, and chemical exposure. These factors are expected to propel the architectural coatings market growth in the forecast period.

Analysis by End-use

By end-use, the residential segment holds a significant market share.

  • Architectural coating has numerous applications in the residential sector. It protects the interior and exterior of buildings, enhancing the aesthetics and durability of various architectural surfaces and boosting the architectural coatings market.

  • Floor coatings such as epoxy and concrete sealers are applied on interior and exterior floors to protect against abrasion, stain, and chemical damage.  

Regional Insights

To gain extensive insights into the market, Request for Customization

Asia Pacific held a significant architectural coatings market share. Residential and commercial buildings are increasing rapidly in China and India due to the growing population, which is expected to boost the market in the region. In addition, these coatings are widely used for walls, floors, and woodwork due to their high durability and weather-resistant properties, boosting the market growth in this region.

  • The government of India was actively boosting housing construction, aiming to provide homes to about 1.3 billion people by 2022.

  • China is witnessing a massive hike in the construction sector. According to the National Bureau of Statistics of China, residential and commercial building output in China was valued at about USD 4.54 trillion in 2021

Key Players Covered

The report will include the profiles of key players, such as PPG Industries, Inc., BASF Coatings GMBH, Jotun, Asian Paints Limited, Kansai Paint Co., Ltd., AkzoNobel N.V., Nippon Paint Holdings Co., Ltd., Sherwin-Williams Company and RPM International, Inc.

Key Industry Developments:

  • May 2023 - PPG Industries signed an agreement with Brightland Homes. Under this agreement, Brightland Homes agreed to offer PPG paints and coatings to customers across all its operating areas in the U.S.

  • July 2021 - Nippon Paint Holdings Co., Ltd. announced the manufacturing and selling of an industrial coating named PROTECTON BARRIERX SPRAY. This product has antiviral and antibacterial properties and is used in offices, schools, and medical institutions.

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients


Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.