Construction Coatings Market Report 2024 (Global Edition)

Global Construction Coatings Market Report 2024 Market Size Split by Type Outlook: (Acrylic, Polyurethane, Silicone), by Application Outlook:{application_end}{application_start}ResidentialNon-Resident...

Construction Coatings Market Report Description

Introduction of the Construction Coatings Market

Construction paints describes a blend or dissolution of powdered or apparent colorants in a liquid or solvent. Paints and coatings are crucial in construction because they stop and lessen deterioration in facilities and structures, as well as architectural equipment. The construction coating industry is expected to develop primarily due to the fast development and urbanization of emerging nations. Improvements in coating formulas are still another important factor propelling market expansion. Highly effective powder coatings, sustainable aqueous coatings, and sophisticated solvent-borne coatings are leading-edge innovations that are becoming more and more well-liked because of their better qualities and advantages for the surroundings. The creation of coatings employing nanotechnology, which provides improved performance and longevity, is also anticipated to open up new business prospects.

October 2024, Sika bought Kwik Bond Polymers, LLC (KBP), which makes polymer systems for fixing up concrete buildings. KBP specializes in restoring bridge decks and has an outstanding record of success in landmark projects throughout the United States. The company is a great fit for Sika's high-value technologies for restoring concrete buildings. (Source: https://www.sika.com/en/media/media-releases/2024/sika-acquires-infrastructure-refurbishment-company.html)

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Construction Coatings Market Insights Video

Competitive Landscape of the Construction Coatings Market

The major players in the construction coatings industry use a variety of strategies to uphold and grow their share of the global market. These include mergers and acquisitions, partnerships, collaboration, joint ventures, production process innovations, product line expansions, and improvements to existing products. They also seek out new customers in the endless construction coatings markets worldwide.

Top Companies Market Share in Construction Coatings Industry: (In no particular order of Rank)

• Wacker Chemie AG
• NOROO Paint & Coatings Co.
• Ltd.
• PPG Industries
• Inc.
• Jotun
• Beckers Group
• Kansai Paint Co.
• Ltd
• Asian Paints PPG Pvt. Limited
• Sxika AG
• Nippon Paint Holdings Co.
• Ltd
• The Sherwin-Williams Company
• Axalta Coating Systems Ltd
• Akzo Nobel N.V.
• RPM International
• Inc
• KCC CORPORATION
• Hempel A/S
• Confidential Data
• Access The Paid Version
• Data Hidden

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Regional Analysis of the Construction Coatings Market

Which Region Dominates the Construction Coatings Market in 2024?

According to Cognitive Market Research, North America currently dominates the construction coatings market, and the region is expected to have significant growth during the projected period. This is because of its innovative applications, focus on long-term sustainability, and advancements in technology. The region’s long-standing automotive and aviation industries are driving the development of reliable coatings to increase energy efficiency, reduce emissions, and improve dependability.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the construction coatings market due to the robust transit system, the presence of volatile substances in the device's construction, and the high caliber of nylon items created. The growing electronic device sector in the area is another factor driving demand for building coatings, as manufacturers use it to improve the longevity and functioning of their finished products.

The current report Scope analyzes Construction Coatings Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Construction Coatings

According to Cognitive Market Research, the global construction coatings market size was estimated at USD 176954.5 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 70781.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the construction coatings market with a market size of USD 55846.84 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. The nation's increasing investment in infrastructure.
• The Canada construction coatings market had a market share of USD 8496.32 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Canada's rise is due to the nation's rapid expansion in the healthcare industry.
• The Mexico construction coatings market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 6441.14 million in 2024.

Europe Construction Coatings

According to Cognitive Market Research, the global construction coatings market size will be USD 176954.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 70781.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 53086.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 40699.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 8847.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 3539.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
The residential held the highest construction coatings market revenue share in 2024.

Asia Pacific Construction Coatings

According to Cognitive Market Research, the global construction coatings market size was estimated at USD 176954.5 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 40699.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.

• According to Cognitive Market Research, the China construction coatings market size was valued at USD 18314.79 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. Construction Coatings surged in China due to the adoption of various technologies.
• The Japan construction coatings market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 5616.54 million in 2024.
• The India construction coatings market had a market share of USD 4883.94 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period. India's supportive initiatives taken by the government.
• The South Korean construction coatings market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 4069.95 million in 2024.
• The Australian construction coatings market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 2116.38 million in 2024.
• The South East Asia construction coatings market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD 2808.27 million in 2024.
• The Rest of Asia Pacific construction coatings market is projected to witness growth at a CAGR of 8.8% during the forecast period, with a market size of USD 2889.67 million in 2024.

South America Construction Coatings

According to Cognitive Market Research, the global construction coatings market size was estimated at USD 176954.5 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 8847.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil construction coatings Market size was valued at USD 3786.83 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Construction Coatings flourished in Brazil due to the innovation in customer habitats.
• Argentina's construction coatings market had a market share of USD 1486.42 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. Argentina's technological advancements augment the demand.
• Colombia construction coatings market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 787.45 million in 2024.
• Peru construction coatings market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 725.51 million in 2024.
• Chile construction coatings market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 637.04 million in 2024.
• The Rest of Latin America's construction coatings market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 1424.48 million in 2024.

Middle East and Africa Construction Coatings

According to Cognitive Market Research, the global construction coatings Market size was estimated at USD 176954.5 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 3539.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031..

• The GCC Countries construction coatings market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 1514.73 million in 2024. Construction Coatings sales flourish due to the presence of major market players.
• The Egypt construction coatings market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 371.60 million in 2024.
• The South Africa construction coatings market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 559.18 million in 2024. Construction Coatings sales flourish in South Africa due to technological advancements, and regulatory support.
• The Turkey construction coatings market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 304.36 million in 2024.
• The Nigeria construction coatings market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 371.60 million in 2024.
• The Rest of MEA construction coatings market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 417.61 million in 2024.

Construction Coatings Market Analysis

Type Outlook: Segment Analysis of Construction Coatings Market

Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2019 to 2031. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.

Type Outlook: of Construction Coatings analyzed in this report are as follows:

• Acrylic
• Polyurethane
• Silicone

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Construction Coatings Industry. Request a Free Sample PDF!

Application Outlook:{application_end}{application_start}ResidentialNon-ResidentialInfrastructure {application end}{meta_description_start}The global Construction Coatings Market size is USD 176954.5 million in 2024. Increasing recogn Segment Analysis of Construction Coatings Market

Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Construction Coatings Market.

Some of the key Application Outlook:{application_end}{application_start}ResidentialNon-ResidentialInfrastructure {application end}{meta_description_start}The global Construction Coatings Market size is USD 176954.5 million in 2024. Increasing recogn of Construction Coatings are:

• Residential
• Non-Residential
• Infrastructure
• {application end}
• {meta_description_start}
• The global Construction Coatings Market size is USD 176954.5 million in 2024.
• Increasing recognition of health and spending expenditure is expected to boost sales to USD 284150.2583 million by 2031
• with a Compound Annual Growth Rate (CAGR) of 7.00% from 2024 to 2031.
• {meta_description_end}
• {report_title_start}
• The global Construction Coatings Market size is USD 176954.5 million in 2024.
• {report_title_end}
• {report_summary_start}

• According to Cognitive Market Research

• the global construction coatings market size will be USD 176954.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.
• • North America held the major market share for more than 40% of the global revenue with a market size of USD 70781.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
  • Europe accounted for a market share of over 30% of the global revenue with a market size of USD 53086.35 million.
  • Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 40699.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
  • Latin America had a market share of more than 5% of the global revenue with a market size of USD 8847.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
  • Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 3539.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
  • The residential held the highest construction coatings market revenue share in 2024.

• {report_summary_end}
• {market_drivers_start}
• • Technological Development
  • Growing interest in the automobile sector
  • Raising consciousness about the healthcare
• {market_drivers_end}
• {restrains_start}
• • Variable pricing for ingredients
  • Strong rules and environmental factors
• {restrains_end}
• {trends_start}
• • Increasing research and development expenditures
  • Increasing financial support from the national government
• {trends_end}
• report_description
• {report_description_start}

• Market Dynamics of Construction Coatings Market

• Key Drivers for Construction Coatings Market

• Raising Consciousness about the Healthcare to Increase the Demand Globally

• The healthcare sector is expanding and modernizing quickly

• which is increasing demand for premium building supplies like paints and coatings. Healthcare institutions
• including medical centers
• research labs
• and extended-stay facilities
• depend heavily on these necessary materials for their development and upkeep. Improved building materials
• especially paints and coatings
• will continue to be essential as the healthcare sector develops further. It's impossible to overstate their contribution to a clean
• safe
• and attractive atmosphere. For instance
• Specialty Coating Systems (SCS) is delighted to share that its plant in Woking
• UK
• Britain
• has added construction coating abilities. With this acquisition
• SCS is better equipped to satisfy the increasing need for construction coating services in Europe and solidify its position as a top supplier of cutting-edge conformal coating services.

• Growing Interest in the Automobile Sector to Propel Market Growth

• The market for construction coatings is expanding due to a growing need in the automobile sector. The variety of business activities entailing the creation

• development
• production
• distribution
• exchange
• and upkeep of transport vehicles are collectively referred to as the automotive industry. By offering external security
• corrosion protection
• personalization
• branding
• and improving the infrastructure
• as well as the practical and aesthetic features of cars
• the construction and coatings businesses give crucial assistance to the automotive sector. Consequently
• the market for building coatings is expanding due to the rising need in the automotive sector.

• Restraint Factor for the Construction Coatings Market

• Variable Pricing for Ingredients to Limit the Sales

• The expansion of the market is hampered by variable prices for basic supplies

• particularly for coatings based on chemical substances. The fluctuating nature of basic ingredient prices
• which affect colorants
• substances
• solvents
• and additives
• has a direct effect on manufacturing costs and reduces the profit margins of producers. Because producers find it difficult to foresee and control expenses
• this fluctuation presents pricing issues for customers and might result in changing prices and lower earnings in the industry for construction coatings.

• Impact of Covid-19 on the Construction Coatings Market

• The COVID-19 epidemic has significantly reduced consumer demand for construction coatings

• which has limited the measurements of the industrial coatings market. Strong regional and semi-urban economies will lessen the impact of low residential earnings. The pandemic has had an impact on the main economic systems of each area
• which has caused a halt in activity across all paint and coating businesses. Certain industries
• like packing
• will benefit
• while others are anticipated to suffer.

• {report_description_end}
• report_scope
• {report_scope_start}

• Introduction of the Construction Coatings Market

• Construction paints describes a blend or dissolution of powdered or apparent colorants in a liquid or solvent. Paints and coatings are crucial in construction because they stop and lessen deterioration in facilities and structures

• as well as architectural equipment. The construction coating industry is expected to develop primarily due to the fast development and urbanization of emerging nations. Improvements in coating formulas are still another important factor propelling market expansion. Highly effective powder coatings
• sustainable aqueous coatings
• and sophisticated solvent-borne coatings are leading-edge innovations that are becoming more and more well-liked because of their better qualities and advantages for the surroundings. The creation of coatings employing nanotechnology
• which provides improved performance and longevity
• is also anticipated to open up new business prospects.

• October 2024

• Sika bought Kwik Bond Polymers
• LLC (KBP)
• which makes polymer systems for fixing up concrete buildings. KBP specializes in restoring bridge decks and has an outstanding record of success in landmark projects throughout the United States. The company is a great fit for Sika's high-value technologies for restoring concrete buildings.
• (Source: https://www.sika.com/en/media/media-releases/2024/sika-acquires-infrastructure-refurbishment-company.html)

• {report_scope_end}
• Company Name
• {company_start}
• Wacker Chemie AG
• NOROO Paint & Coatings Co.
• Ltd.
• PPG Industries
• Inc.
• Jotun
• Beckers Group
• Kansai Paint Co.
• Ltd
• Asian Paints PPG Pvt. Limited
• Sxika AG
• Nippon Paint Holdings Co.
• Ltd
• The Sherwin-Williams Company
• Axalta Coating Systems Ltd
• Akzo Nobel N.V.
• RPM International
• Inc
• KCC CORPORATION
• Hempel A/S
• {company_end}
• company_desc
• {company_desc_start}

• Competitive Landscape of the Construction Coatings Market

• The major players in the construction coatings industry use a variety of strategies to uphold and grow their share of the global market. These include mergers and acquisitions

• partnerships
• collaboration
• joint ventures
• production process innovations
• product line expansions
• and improvements to existing products. They also seek out new customers in the endless construction coatings markets worldwide.

• {company_desc_end}
• November 2024: Nippon Paint Marine is pleased to announce our membership in the Global Industry Alliance for Marine Biosafety (GIA). The International Maritime Organization (IMO) has stated that it can help two of its main environmental goals: decarbonize shipping and conserve marine biodiversity. A group of prominent figures from the marine sector have joined forces to ally with the aim of determining the areas that require funding in order to enhance biodiversity conservation
• gain a deeper understanding of biofouling
• and increase Awareness of these concerns within the sector.
• (Source: https://www.nipponpaint-marine.com/nippon-paint-marine-joins-the-global-industry-alliance-for-marine-biosafety/)
• July 2024: PPG (NYSE: PPG) is confirming an appearance in the United States for its ground-breaking PPG MOONWALK automatic painted integrating technique. The system will be displayed in two brightly colored trucks equipped with PPG's full line of digital technology for the restoration sector. From the shore to the coast
• this excursion will highlight the system's many advantages for corpulence businesses
• including increased efficiency and accuracy
• lower personnel and time spending
• and less scrap material.
• (Source: https://news.ppg.com/press-releases/press-release-details/2024/PPG-announces-U.S.-tour-for-PPG-MOONWALK-automated-paint-mixing-system/default.aspx)
• June 2024: Hempel A/S presents the initial and sole subsurface efficiency recharger in the world
• designed specifically for Hempel's silicone yacht systems. To prolong the silicone efficacy of the exterior coating for an additional season
• Hempel's Infinity is placed on the base of a previous Hempel silicone finish during the designated upkeep frequency. Because Hempel's Infinity eliminates the need for updating
• there is less effort involved
• less money spent overall
• and more time spent on the elements.
• (Source: https://www.hempel.com/news/2024/hempel-launches-silicone-hull-paint-recharger )
• country_desc
• {country_desc_start}

• Regional Analysis of the Construction Coatings Market

• Which Region Dominates the Construction Coatings Market in 2024?

• According to Cognitive Market Research

• North America currently dominates the construction coatings market
• and the region is expected to have significant growth during the projected period. This is because of its innovative applications
• focus on long-term sustainability
• and advancements in technology. The region’s long-standing automotive and aviation industries are driving the development of reliable coatings to increase energy efficiency
• reduce emissions
• and improve dependability.

• Which Region is Expanding at the Fastest CAGR?

• Asia Pacific stands out as the fastest-growing region in the construction coatings market due to the robust transit system

• the presence of volatile substances in the device's construction
• and the high caliber of nylon items created. The growing electronic device sector in the area is another factor driving demand for building coatings
• as manufacturers use it to improve the longevity and functioning of their finished products.

• {country_desc_end}
• Type _desc
• {type desc_start}
• How are Segments Performing in the Global Construction Coatings Market?

• Construction Coatings Market Type Segment Analysis

• According to Cognitive Market Research

• polyurethane stands out as the dominant category over the projected period. Because of its exceptional adaptability
• toughness
• and resistance to chemicals
• polyurethane coatings may be used in a variety of settings. They are especially popular for external things
• construction
• and flooring in business and manufacturing environments. Furthermore
• the usage of polyurethanes in high-performance uses is growing due to technological advancements such as cationic polyurethanes.

• Acrylic emerged as the fastest-growing category in the construction coatings market because it offers exceptional color durability for indoor and outdoor services. Because they retain brilliant colors

• they are ideal for surfaces like wall surfaces and building sites. Combining acrylic resins with the primary cement base in acrylic coatings results in increased flexibility
• bonding
• toughness
• and vibrant colors. Acrylic coatings are being used more often in the architectural
• automotive
• and industrial industries. Because acrylic paints are so widely used in manufacturing
• development and research activities have increased.

• {Type _desc_end}
• Product Type_desc
• {fourth_seg_desc_start}

• Construction Coatings Market Product Type Segment Analysis

• According to Cognitive Market Research

• the dominant category is powder coatings. Because of their superior defensive qualities
• quick usage
• and low ecological impact
• powder coatings are being utilized more and more in the construction sector. Superior longevity
• organic and mineral resistance
• and a variety of shades and surface possibilities are all provided by these coatings. Powder coatings are becoming more and more popular in automotive and residential uses because of their environmental and operational improvements.

• The fastest-growing category in the construction coatings market is waterborne coatings because they are simple to use

• have little effect on the ecosystem
• and release less volatile organic compounds. Because of their exceptional longevity
• durability in adverse conditions
• and attractiveness
• these coatings are frequently utilized in houses as well as businesses. The use of water-soluble coatings in the construction sector is being fueled by the increased emphasis on ecological and regulatory requirements to lower greenhouse gas emissions.

• {fourth_seg_desc_end}
• Application_desc
• {application _desc_start}

• Construction Coatings Market Application Segment Analysis

• According to Cognitive Market Research

• the dominant category is residential because the greater urbanization and expanding populations are driving up demand for residences. Construction coatings are mostly utilized to maintain solidity
• protect against pollutants
• and improve aesthetics. The growing popularity of residential construction and improvement is also fueling the need for premium coatings.

• The fastest-growing category in the construction coatings market is infrastructure. The expected lifespan of infrastructure is increased by applying protection coatings

• which stop damage
• oxidation
• and other types of deterioration. It is expected that governments throughout the world will increase their spending in infrastructure development
• which will increase interest in outstanding durability coatings in that sector.

• {application_desc_end}
• tenth_seg_desc
• {tenth_seg_desc_start}
• Conclusion
• • The global construction coatings Market will expand significantly by 7.00% CAGR between 2024 and 2031.
  • Water-borne coatings are expected to dominate the construction coatings market over the forecast period. Because waterborne coatings have fewer toxic substances than chemical-based coatings.
  • The infrastructure industry drives the construction coatings market because they are reasonably priced and convenient.
  • {tenth_seg_desc_end}
  • 8th FAQ
  • Frequently asked questions regarding the global Construction Coatings Market
  • {faq_start}
  • {faq}What is the market size for the construction coatings market in 2024?
  • {ans}The global market size for construction coatings in 2024 is USD 176954.5 million.
  • {faq}What is the growth rate for the construction coatings market over the forecast period?
  • {ans}The global construction coatings market is expected to grow with a CAGR of 7.00% over the projected period.
  • {faq}Which is the leading region of the market for construction coatings?
  • {ans}North America held a significant global construction coatings market revenue share in 2024.
  • {faq}Which region is projected to detect the fastest growth in the construction coatings market over the forecast period?
  • {ans}Asia-Pacific will witness the fastest growth of the global construction coatings market over the coming years.
  • {faq}Which country will be leading in the construction coatings market in 2024?
  • {ans}The US had the most significant global construction coatings market revenue share in 2024.
  • {faq}What are the key drivers for the growth of the construction coatings market?
  • {ans} The main driver of the growth of the construction coatings market is the increasing Awareness about environment.
  • {faq}Which is the significant construction coatings market segment by application?
  • {ans} The online segment had the largest share in the global construction coatings Market by application.
  • {faq_end}
  • 11th Regional Insights
  • {north_america_meta_description_start}
  • North America Construction Coatings Market size will be USD 70781.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031. North America has emerged as a prominent participant
  • and its sales revenue is estimated to reach USD 109682.0 Million by 2031. This growth is mainly attributed to the technological advancement.
  • {north_america_meta_description_end}
  • {north_america_report_title_start}
  • North America Construction Coatings Market size will be USD 70781.80 million in 2024.
  • {north_america_report_title_end}
  • {north_america_start}

  • According to Cognitive Market Research

  • the global construction coatings market size was estimated at USD 176954.5 Million
  • out of which North America held the major market of more than 40% of the global revenue with a market size of USD 70781.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.

  • • According to Cognitive Market Research
    • the US had a major share in the construction coatings market with a market size of USD 55846.84 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. The nation's increasing investment in infrastructure.
    • The Canada construction coatings market had a market share of USD 8496.32 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Canada's rise is due to the nation's rapid expansion in the healthcare industry.
    • The Mexico construction coatings market is projected to witness growth at a CAGR of 5.7% during the forecast period
    • with a market size of USD 6441.14 million in 2024.
  • {north_america_end}
  • {north_america_report_scope_start}
  • North America controls the worldwide construction coatings market. The demand for construction coatings in North America is driven by a number of factors
  • including the existence of well-established construction sectors and a significant emphasis on environmentally friendly building techniques. The use of environmentally friendly coatings is rising as a result of the growing adoption of environmentally friendly buildings and renewable construction. The reconstruction and improvement initiatives in the residential sector are also fueling the need for long-lasting and aesthetically pleasing coatings. The region's development of sophisticated coating technologies is also propelling market expansion.
  • {north_america_report_scope_end}
  • {europe_meta_description_start}
  • Europe Construction Coatings Market USD 53086.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031. Greater safety measure is expected to aid the sales to USD 80698.7 million by 2031
  • {europe_meta_description_end} {europe_report_title_start}
  • Europe Construction Coatings Market USD 53086.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
  • {europe_report_title_end}
  • {europe _start}

  • According to Cognitive Market Research

  • the global construction coatings market size was estimated at USD 176954.5 Million
  • out of which Europe held the market of more than 30% of the global revenue with a market size of USD 53086.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.

  • • The United Kingdom construction coatings market had a market share of USD 8918.51 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. In the UK
    • Construction Coatings sales witness an upswing due to the nation's rising demand for innovative technology.
    • The France construction coatings market is projected to witness growth at a CAGR of 4.7% during the forecast period
    • with a market size of USD 4883.94 million in 2024.
    • According to Cognitive Market Research
    • the German Construction Coatings market size was valued at USD 10511.10 million in 2024 and is projected to grow at a CAGR of 5.7% during the forecast period. In Germany
    • construction coatings surged due to the presence of major market players.
    • The Italy construction coatings market is projected to witness growth at a CAGR of 4.9% during the forecast period
    • with a market size of USD 4565.43 million in 2024.
    • The Russia construction coatings market is projected to witness growth at a CAGR of 4.5% during the forecast period
    • with a market size of USD 8228.38 million in 2024.
    • The Spain construction coatings market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD 4353.08 million in 2024
    • The Luxembourg construction coatings market is projected to witness growth at a CAGR of 5.6% during the forecast period
    • with a market size of USD 1645.68 million in 2024.
    • The Portugal construction coatings market is projected to witness growth at a CAGR of 5.3% during the forecast period
    • with a market size of USD 1114.81 million in 2024.
    • The Greece construction coatings market is projected to witness growth at a CAGR of 5.8% during the forecast period
    • with a market size of USD 637.04 million in 2024.
    • Rest of Europe's construction coatings market is projected to witness growth at a CAGR of 4.2% during the forecast period
    • with a market size of USD 8228.38 million in 2024.
  • {europe_end}
  • {europe_report_scope_start}
  • The European market is going to make a massive impact on the construction coatings market
  • consequently further owing to the restoration of aging and vulnerable structures. The use of sustainable and natural resources will also boost the area's economy. The region's dedication to cleanliness and stringent ecological regulations are fueling the need for environmentally friendly and low-VOC coatings. Additionally
  • driving market expansion are rising expenditures in the construction of infrastructure and the expanding popularity of contemporary architecture. Furthermore
  • the region's large coating producers are helping to drive the development and uptake of cutting-edge coating solutions.
  • {europe_report_scope_end}
  • {asia_pacific_meta_description_start}
  • Asia Pacific Construction Coatings Market USD 40699.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031. Rising interest in automated is expected to aid the sales to USD 72742.5 million by 2031
  • {asia_pacific_meta_description_end}
  • {asia_pacific_report_title_start}
  • Asia Pacific Construction Coatings Market USD 40699.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
  • {asia_pacific_report_title_end}
  • {asia_pacific_start}

  • According to Cognitive Market Research

  • the global construction coatings market size was estimated at USD 176954.5 Million
  • out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 40699.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.

  • • According to Cognitive Market Research
    • the China construction coatings market size was valued at USD 18314.79 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. Construction Coatings surged in China due to the adoption of various technologies.
    • The Japan construction coatings market is projected to witness growth at a CAGR of 7.5% during the forecast period
    • with a market size of USD 5616.54 million in 2024.
    • The India construction coatings market had a market share of USD 4883.94 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period. India's supportive initiatives taken by the government.
    • The South Korean construction coatings market is projected to witness growth at a CAGR of 8.1% during the forecast period
    • with a market size of USD 4069.95 million in 2024.
    • The Australian construction coatings market is projected to witness growth at a CAGR of 8.7% during the forecast period
    • with a market size of USD 2116.38 million in 2024.
    • The South East Asia construction coatings market is projected to witness growth at a CAGR of 10.0% during the forecast period
    • with a market size of USD 2808.27 million in 2024.
    • The Rest of Asia Pacific construction coatings market is projected to witness growth at a CAGR of 8.8% during the forecast period
    • with a market size of USD 2889.67 million in 2024.
  • {asia_pacific_end}
  • {asia_pacific_report_scope_start}
  • The construction coatings market in Asia Pacific is rapidly expanding because of increasing earnings
  • a growing populace
  • and an emerging economy growing quickly. Construction coatings are in high demand because of the fast growth in manufacturing and development of nations. The industry is also expanding as a result of government programs to create advanced cities and technology. The demand for excellent quality residential and commercial structures is being driven by factors such as shifting choices regarding lifestyles and increasing financial resources
  • which in turn is driving up demand for construction coatings.
  • {asia_pacific_report_scope_end}
  • {latin_america_meta_description_start}
  • Latin America's Construction Coatings Market will be USD 8847.73 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031. The market is foreseen to reach USD 15060.0 million by 2031 due to the customer spending raises.
  • {latin_america_meta_description_end}
  • {latin_america_report_title_start}
  • Latin America's Construction Coatings Market will be USD 8847.73 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
  • {latin_america_report_title_end}
  • {latin_america_start}

  • According to Cognitive Market Research

  • the global construction coatings market size was estimated at USD 176954.5 Million
  • out of which the Latin America market has more than 5% of the global revenue with a market size of USD 8847.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031. .

  • • According to Cognitive Market Research
    • the Brazil construction coatings Market size was valued at USD 3786.83 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Construction Coatings flourished in Brazil due to the innovation in customer habitats.
    • Argentina's construction coatings market had a market share of USD 1486.42 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. Argentina's technological advancements augment the demand.
    • Colombia construction coatings market is projected to witness growth at a CAGR of 6.2% during the forecast period
    • with a market size of USD 787.45 million in 2024.
    • Peru construction coatings market is projected to witness growth at a CAGR of 6.7% during the forecast period
    • with a market size of USD 725.51 million in 2024.
    • Chile construction coatings market is projected to witness growth at a CAGR of 6.7% during the forecast period
    • with a market size of USD 637.04 million in 2024.
    • The Rest of Latin America's construction coatings market is projected to witness growth at a CAGR of 5.5% during the forecast period
    • with a market size of USD 1424.48 million in 2024.
  • {latin_america_end}
  • {latin_america_report_scope_start}
  • Latin America offers certain growth opportunities for the construction coatings market. The primary drivers of a variety of reasons. This region is located in a sizable number of the main international coating producers. These major corporations have consistently made investments in the area via both profitable purchases and spontaneous development. Due to improving living conditions and spending power
  • more people in the area have obtained automobiles. Therefore
  • to satisfy the changing demands of the several markets and industries in the region
  • Latin America offers large prospects for suppliers and manufacturers of construction coatings.
  • {latin_america_report_scope_end}
  • {middle_east_meta_description_start}
  • Middle East and Africa Construction Coatings Market will be USD 3539.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031. The market is foreseen to reach USD 5967.2 million by 2031
  • owing to stringent regulations.
  • {middle_east_meta_description_end}
  • {middle_east_report_title_start}
  • Middle East and Africa Construction Coatings Market will be USD 3539.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031
  • {middle_east_report_title_end}
  • {middle_east_and_africa_start}

  • According to Cognitive Market Research

  • the global construction coatings Market size was estimated at USD 176954.5 Million
  • out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 3539.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031..

  • • The GCC Countries construction coatings market is projected to witness growth at a CAGR of 7.5% during the forecast period
    • with a market size of USD 1514.73 million in 2024. Construction Coatings sales flourish due to the presence of major market players.
    • The Egypt construction coatings market is projected to witness growth at a CAGR of 7.0% during the forecast period
    • with a market size of USD 371.60 million in 2024.
    • The South Africa construction coatings market is projected to witness growth at a CAGR of 7.7% during the forecast period
    • with a market size of USD 559.18 million in 2024. Construction Coatings sales flourish in South Africa due to technological advancements
    • and regulatory support.
    • The Turkey construction coatings market is projected to witness growth at a CAGR of 6.2% during the forecast period
    • with a market size of USD 304.36 million in 2024.
    • The Nigeria construction coatings market is projected to witness growth at a CAGR of 5.8% during the forecast period
    • with a market size of USD 371.60 million in 2024.
    • The Rest of MEA construction coatings market is projected to witness growth at a CAGR of 5.7% during the forecast period
    • with a market size of USD 417.61 million in 2024.
  • {middle_east_and_africa_end}
  • {middle_east_and_africa_report_scope_start}
  • The construction coatings market in the Middle East and Africa is continuously expanding because of its cutting-edge uses
  • emphasis on long-term viability
  • and technical breakthroughs. The development of durable coatings to boost reliability
  • decrease emissions
  • and increase energy efficiency is being driven by the region's long-standing automobile and aviation sectors. This is also anticipated to create a lot of opportunities for services like wrapped coatings. In addition
  • improvements in construction and transportation expenditures
  • industrial production
  • decreased energy prices
  • and increased purchasing behavior are expected to boost demand for the product.
  • {middle_east_and_africa_report_scope_end}
  • NOTE: DO NOT CHANGE YELLOW HIGHLIGHTED LINES
  • Related Market:
  • Intumescent Coatings Market
  • Architectural Coatings Market
  • Electrocoating Market
  • Construction Repaint Market
  • Marine Coatings Market
  • ________________
  • kindly note the revenue value in 2024
  • (USD Million)
  • kindly note the revenue value for 2031
  • (USD Million)
  • CAGR
  • (2024-2031)
  • 0
  • Global
  • 176954.5
  • 284150.2583
  • 7.00%
  • 1
  • North America
  • 70781.80
  • 109682.0
  • 5.2%
  • 1
  • United States
  • 55846.84
  • NA
  • 5.0%
  • 2
  • Canada
  • 8496.32
  • NA
  • 6.0%
  • 3
  • Mexico
  • 6441.14
  • NA
  • 5.7%
  • 2
  • Europe
  • 53086.35
  • 80698.7
  • 5.5%
  • 4
  • United Kingdom
  • 8918.51
  • NA
  • 6.3%
  • 5
  • France
  • 4883.94
  • NA
  • 4.7%
  • 6
  • Germany
  • 10511.10
  • NA
  • 5.7%
  • 7
  • Italy
  • 4565.43
  • NA
  • 4.9%
  • 8
  • Russia
  • 8228.38
  • NA
  • 4.5%
  • 9
  • Spain
  • 4353.08
  • NA
  • 4.6%
  • 10
  • Luxembourg
  • 1645.68
  • NA
  • 5.6%
  • 11
  • Portugal
  • 1114.81
  • NA
  • 5.3%
  • 14
  • Greece
  • 637.04
  • NA
  • 5.8%
  • 15
  • Rest of Europe
  • 8228.38
  • NA
  • 4.2%
  • 3
  • Asia Pacific
  • 40699.54
  • 72742.5
  • 9.0%
  • 16
  • China
  • 18314.79
  • NA
  • 8.5%
  • 17
  • Japan
  • 5616.54
  • NA
  • 7.5%
  • 18

  Construction Coatings Market Share (%) by Application Outlook:{application_end}{application_start}ResidentialNon-ResidentialInfrastructure {application end}{meta_description_start}The global Construction Coatings Market size is USD 176954.5 million in 2024. Increasing recogn in 2019-2031

  2019

  2023

  2031

  The above Graph is for representation purposes only. This chart does not depict actual Market share.

  To learn more about market share request the free sample pages.

  Get Free Sample

  Construction Coatings Product Type Outlook: Segment Analysis

  Construction Coatings Market Product Type Segment Analysis

  According to Cognitive Market Research, the dominant category is powder coatings. Because of their superior defensive qualities, quick usage, and low ecological impact, powder coatings are being utilized more and more in the construction sector. Superior longevity, organic and mineral resistance, and a variety of shades and surface possibilities are all provided by these coatings. Powder coatings are becoming more and more popular in automotive and residential uses because of their environmental and operational improvements.

  The fastest-growing category in the construction coatings market is waterborne coatings because they are simple to use, have little effect on the ecosystem, and release less volatile organic compounds. Because of their exceptional longevity, durability in adverse conditions, and attractiveness, these coatings are frequently utilized in houses as well as businesses. The use of water-soluble coatings in the construction sector is being fueled by the increased emphasis on ecological and regulatory requirements to lower greenhouse gas emissions.

  • Water borne coatings
  • Solvent borne coatings
  • Powder coatings

  Author's Detail

  Manoj Phagare

  Senior Research Analyst at Cognitive Market Research

  LinkedIn

  Profile

  • Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
  • Proficient in secondary research and familiar with all paid research databases
  • Proficient in primary research and handling client queries through mails and calls
  • Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
  • Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
  • Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals 
  • Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

  Bio :

  Manoj Phagare  is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.

  In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.

  Read More

  
  

  Author's Conclusion

  Conclusion

  • The global construction coatings Market will expand significantly by 7.00% CAGR between 2024 and 2031.
  • Water-borne coatings are expected to dominate the construction coatings market over the forecast period. Because waterborne coatings have fewer toxic substances than chemical-based coatings.
  • The infrastructure industry drives the construction coatings market because they are reasonably priced and convenient.

  Frequently Asked Questions (FAQs)

  What is the market size for the construction coatings market in 2024?

  The global market size for construction coatings in 2024 is USD 176954.5 million.

  What is the growth rate for the construction coatings market over the forecast period?

  The global construction coatings market is expected to grow with a CAGR of 7.00% over the projected period.

  Which is the leading region of the market for construction coatings?

  North America held a significant global construction coatings market revenue share in 2024.

  Which region is projected to detect the fastest growth in the construction coatings market over the forecast period?

  Asia-Pacific will witness the fastest growth of the global construction coatings market over the coming years.

  Which country will be leading in the construction coatings market in 2024?

  The US had the most significant global construction coatings market revenue share in 2024.

  What are the key drivers for the growth of the construction coatings market?

  The main driver of the growth of the construction coatings market is the increasing Awareness about environment.

  Which is the significant construction coatings market segment by application?

  The online segment had the largest share in the global construction coatings Market by application.