MarketValue & GrowthForecast
With a projected CAGR of 4.81%, this industry is not just expanding it's evolving. From decorative applications to high-performance industrial coatings, the sector is embracing new technologies and sustainable practices to meet global needs.
RegionalBreakdown
Where Growth is Happening
Asia-Pacific (APAC) – Urbanization, industrial growth, smart
infrastructure China, India, Japan = Heavy
construction & auto coating demand
Europe & North America – Innovation + strict VOC regulations
Middle East – Major projects like NEOM driving coatings demand
Top Market Players
Meet the Giants Shaping the Industry
PPG | Sherwin-Williams | AkzoNobel | BASF | Nippon Paint
Axalta | RPM International | Asian Paints | Jotun | Kansai Paint
The paint and coating industry is dominated by the presence of large multinational players, where, the top ten players in the coating industry in 2021, represent 44% of the total market and the world’s largest paint companies had a combined share of 50% in the global paint market.
Industry Drivers Trends
What’sFuelingtheMarket?
Boom in con sectors
Shift to ecoproducts
Surge in sma
Demand for
in urban homes
