Argentina Paints Market Report and Forecast 2025-2034

Argentina Paints Market Report and Forecast 2025-2034

Market Outlook

According to the report by Expert Market Research (EMR), the Argentina paints market size reached a value of nearly USD 1218.72 million in 2024. Aided by the growing construction activities and increasing demand for decorative and protective coatings, the market is projected to grow at a CAGR of 2.80% between 2025 and 2034 to reach a value of around USD 1610.59 million by 2034.

As per the Argentina paints market analysis, the demand for both decorative and industrial paints is being driven by several factors. Argentina's growing middle-class population, urbanisation, and rising disposable incomes are boosting the demand for residential and commercial construction. Decorative paints are especially sought after for home and office renovation, with customers increasingly preferring premium quality, eco-friendly, and low-odour paints. Furthermore, a shift towards environmentally conscious consumers is also increasing demand for low-VOC (volatile organic compound) and water-based paints, as these products are perceived as healthier and more sustainable.

The industrial segment of the Argentina paints market is seeing significant expansion, particularly in sectors such as automotive, aerospace, and marine industries. Such paints are crucial in protecting equipment and structures from harsh environments, including chemicals, corrosion, and extreme weather. The growing automotive industry in Argentina is contributing significantly to the demand for automotive coatings, including primers, basecoats, and topcoats, as the number of vehicles on the road continues to rise. Furthermore, the rise in the oil and gas, construction, and infrastructure sectors is contributing to the need for industrial coatings that provide durability and protection. This is expected to fuel the Argentina paints market development in the coming years.

The demand for environmentally friendly products is a growing trend in Argentina. Consumers and businesses are increasingly opting for paints that are eco-friendly, low in VOCs, and made from natural ingredients. This shift towards sustainability is driven by the growing concern over air pollution, the health impact of chemical emissions, and the need for energy-efficient products. As a result, there is an increased preference for water-based and biodegradable paints, further fuelling the Argentina paints market revenue.

Paints in Argentina are used across various sectors, including residential, commercial, and industrial, with applications ranging from decorative to functional, such as anti-corrosion and fire-resistant coatings. The development of high-performance paints and coatings has emerged as one of the key Argentina paints market trends. Innovative technologies, such as nanotechnology, are being incorporated into paint formulations to enhance the durability, water-resistance, and environmental impact of paints. Moreover, energy-efficient coatings, including heat-resistant and insulating paints, are in demand, especially in the commercial and residential segments. These advancements are making paints more versatile and increasing their applications across industries.

The Argentina paints market outlook can be impacted by challenges such as fluctuating raw material prices and supply chain disruptions. The cost of key raw materials, such as pigments, resins, and solvents, can vary significantly due to global market trends, affecting the cost structure of paint manufacturers. Additionally, the market is impacted by regulatory challenges, with manufacturers needing to comply with stringent environmental regulations on the production and sale of paints.

Moreover, competition among local and international players has intensified, putting pressure on companies to innovate and offer high-quality products at competitive prices. Local manufacturers must invest in research and development to maintain a competitive edge while also adapting to shifting consumer preferences for sustainability and high-performance products.

The Argentina paints market value is poised for significant surge over the next decade, driven by strong demand in construction, industrial sectors, and consumer preference for innovative, sustainable products. Despite challenges such as raw material price fluctuations and regulatory hurdles, the market holds substantial potential for manufacturers investing in technology and sustainability. As the construction sector continues to expand and consumer demand for eco-friendly and high-performance paints rises, the market will continue to evolve, offering numerous opportunities for growth and innovation.

Market Segmentation

The market can be divided based on resin, technology, and end use.

Market Breakup by Resin

• Acrylic
• Alkyd
• Polyurethane
• Epoxy
• Polyester
• Others

Market Breakup by Technology

• Solvent Borne
• Water Borne
• Powder Based
• Others

Market Breakup by End Use

• Architecture
• Automotive
• Electronics
• Aerospace
• General Industrial
• Power Generation
• Marine
• Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Argentina paints market. Some of the major players explored in the report by Expert Market Research are as follows:

• BASF SE
• Akzo Nobel N.V.
• PPG Industries Inc.
• Nouryon Chemicals Holding B.V.
• Oxiteno S.A.
• ROBERLO SAU
• Ligantex SA
• CIBEL SRL
• SORBALOK SA
• Miksa
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.