Research Expert: Sarah Overall
  • Published: Jul 2025
  • Pages: 150
  • SKU: IRTNTR40247

  • Latest News- Paints And Coatings Market: Water-based is expected to lead the Technology segment during 2025-2029

    The Paints And Coatings Market is being driven by Growing real estate and construction industry

    The Paints And Coatings Market is expected to grow at a CAGR of 4.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 42.05 billion. In the paints and coatings industry, UV-curable coatings represent a significant area of innovation and growth. These coatings offer superior performance characteristics, enabling quick assembly-line benefits for manufacturers. Notably, there is a heightened emphasis on research and development in this sector, with vendors actively investing in the creation of UV-curable coatings that provide enhanced scratch and mar resistance. One such example is BASF SE, which supplies multi-functional polyol intermediates for UV-curable acrylic monomers and oligomers, ultimately used in the production of UV-curable coatings. Although UV-curable coatings currently hold a minimal market share, their adoption is expected to expand substantially over the forecast period. This expansion can be attributed to the increasing number of automotive OEMs adopting these advanced coatings for their production processes. 

    Get more information on Paints And Coatings Market by requesting a sample report

    Which Factors Are Causing a Surge in Market Growth?

    The market is segmented based on

    • Technology
      • Water-based
      • Solvent-based
      • Others
    • Resin Type
      • Acrylic resins
      • Epoxy resins
      • Polyurethane resins
      • Alkyd resins
      • Others
    • End-user Industry
      • Architectural
      • Automotive
      • Wood
      • Protective Coatings
      • General Industrial
      • Transportation
      • Packaging Coatings
    • Product
      • Radiation Cured Coatings
      • Powder Coatings
      • Waterborne Coatings
      • Solvent-Borne Coatings
    • Geography
      • APAC
        • China
        • India
        • Japan
      • Europe
        • Germany
        • UK
        • France
      • North America
        • Canada
        • US
      • Middle East and Africa
      • South America
        • Brazil

     

    According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

    • Growing real estate and construction industry
    • Availability of coatings designed to enhance fuel efficiency of automobiles
    • Growing marine industry

    However, the market also witnesses some limitations, which are as follows:

    • Regulations on high emissions of VOC
    • Stringent regulations
    • Increasing use of glass in buildings

    Benefits of Buying Global Paints And Coatings Market Research Report by Technavio

    Rich Experience: 20+ years leading global market research, trusted insights across industries.

    Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

    Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

    Market Scope in Paints And Coatings Market Research Report

    Market Scope

    Report Coverage

    Details

    Page number

    219

    Base year

    2024

    Historic period

    2019-2023

    Forecast period

    2025-2029

    Growth momentum & CAGR

    Accelerate at a CAGR of 4.3%

    Market growth 2025-2029

    USD 42.05 billion

    Market structure

    fragmentation

    YoY growth 2024-2025(%)

    3.8

    Key countries

    China, US, India, Germany, France, Japan, Australia, Canada, UK, and Brazil

    Competitive landscape

    Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

    Find out which segment is leading the market by accessing the free PDF report

    Research Analysis Overview

    The Paints and Coatings Market encompasses a range of products and technologies, including Additives & Extenders, Thinners & Solvents, Catalysts & Hardeners, Anti-settling Agents, Rheology Modifiers, Biocides & Fungicides, Film Thickness Measuring, Gloss Measurement, Drying Time, and Curing Process. Application Equipment such as Spray Guns, Roller Covers, and Paint Booths are also part of the market, along with Masking & Protection, Surface Cleaning, and Surface Treatment. Powder Coating Equipment, Electrostatic Powder Coating, Paint Stripping, Coating Removal, Maintenance Coatings, Protective Linings, and various Anti-corrosion Solutions are additional offerings. Decorative Finishes, Textured Coatings, Metallic Coatings, Pearlescent Coatings, Chroma Flakes, Color Trend Forecasting, and Paint Color Psychology complete the comprehensive landscape of the Paints and Coatings Market.

    Market Research Overview

    The global specialty chemicals market encompasses businesses specializing in high-value-add chemicals used in the production of various industries' high-performance products, such as fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio's market analysis, key growth drivers for this market include the increasing demand for specialized adhesives and sealants. This trend is attributed to their superior properties, including enhanced adhesion, durability, and resistance to environmental factors. Market expansion is further fueled by advancements in paint formulation, coating technology, pigment dispersion, binder systems, resin chemistry, solvent selection, surface preparation, film formation, and adhesion properties, as well as rigorous durability testing to ensure superior product performance.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


    Contacts

    Technavio Research
    Jesse Maida
    Media & Marketing Executive
    US: +1 844 364 1100
    UK: +44 203 893 3200
    Email: media@technavio.com
    Website: www.technavio.com/

    Read News Read Less
    Interested in this report?
    Get your sample now!

Safe and Secure SSL Encrypted

Technavio

  • 2500 USD

[5 reports/month/user]

  • 5000 USD

close
  • Basic Plan [5000 USD/Year]:

    Single User
    Download 5 Reports/Month
    View 100 Reports/Month
    Add upto 3 Users at 625 USD/user

  • Teams Plan [7500 USD/Year]:

    5 User
    Download 5 Reports/Month/User
    View 100 Reports/Month/User
    Add upto 30 Users at 500 USD/user

*You can upgrade to Teams plan at Subscription page

close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization).
    Complimentary Customization Included

*For Enterprise license, go to checkout page

Technavio Get the report (PDF) sent to your email within minutes.