Global Paints & Coatings Market Growth 2025-2031

Global Paints & Coatings Market Growth 2025-2031

The global Paints & Coatings market size is predicted to grow from US$ 217 million in 2025 to US$ 286 million in 2031; it is expected to grow at a CAGR of 4.7% from 2025 to 2031.

Paint is defined as a paints material in liquid or solid which when spread on a surface adheres and hardens forms a film that protect, decorated or add a specific feature to the surface on which it is deposited.

China is the largest Paints & Coatings market with about 37% market share. Europe is follower, accounting for about 21% market share.The key manufacturers are PPG, AkzoNobel, Henkel, Sherwin-Williams, Valspar, RPM International, Axalta, BASF, Kansai Paint, Sika, 3M, Asian Paints, Nippon Paint, HB Fuller, Masco, Jotun, Hempel, KCC Corporation, DAW SE, Shawcor, Cromology, SK KAKEN, Carpoly, Taiho Paint, Berger Paints etc. Top 3 companies occupied about 15% market share.

LP Information, Inc. (LPI) ' newest research report, the “Paints & Coatings Industry Forecast” looks at past sales and reviews total world Paints & Coatings sales in 2024, providing a comprehensive analysis by region and market sector of projected Paints & Coatings sales for 2025 through 2031. With Paints & Coatings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Paints & Coatings industry.

This Insight Report provides a comprehensive analysis of the global Paints & Coatings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Paints & Coatings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Paints & Coatings market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Paints & Coatings and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Paints & Coatings.

This report presents a comprehensive overview, market shares, and growth opportunities of Paints & Coatings market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Water-Based Paint
Solvent-Based Paint
Powder Paint
Others

Segmentation by Application:
Architectural
Traffic
Wood
Industrial Equipment
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
PPG
AkzoNobel
Henkel
Sherwin-Williams
Valspar
RPM International
Axalta
BASF
Kansai Paint
Sika
3M
Asian Paints
Nippon Paint
HB Fuller
Masco
Jotun
Hempel
KCC Corporation
DAW SE
Shawcor
Cromology
SK KAKEN
Carpoly
Taiho Paint
Berger Paints

Key Questions Addressed in this Report

What is the 10-year outlook for the global Paints & Coatings market?

What factors are driving Paints & Coatings market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Paints & Coatings market opportunities vary by end market size?

How does Paints & Coatings break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.