건축용 코팅, 에나멜, 프라이머, 스테인, 용제, 래커 시장 기회, 성장 촉진요인, 산업 동향 분석 및 예측(2025-2034년)

The Global Architectural Coatings, Enamels, Primers, Stains, Solvents, and Lacquers Market was valued at USD 90.5 billion in 2024 and is estimated to grow at a CAGR of 4.6% to reach USD 142 billion by 2034 as enamels, primers, stains, solvents, and lacquers, cater to specific aesthetic and functional needs across various industries. The market growth is largely driven by rapid urbanization, particularly in developing countries, and increased renovation and maintenance activities in mature markets. As the demand for eco-friendly solutions continues to rise, the architectural coatings, enamels, primers, stains, solvents, and lacquers market is witnessing a shift towards low-VOC (volatile organic compound) formulations. This growing preference for sustainable products is driven by increasing awareness of environmental impact and consumer concerns about indoor air quality.

Moreover, advancements in coating technologies have enhanced performance under extreme conditions, such as high humidity and prolonged UV exposure, which are common in both residential and commercial buildings. These innovations are expanding the range of applications and improving the longevity and durability of coatings, making them more attractive to both consumers and industry professionals. As more people in these regions migrate to urban areas, there is a corresponding need for new housing, commercial spaces, and public infrastructure, all of which drive demand for high-quality coatings. The region's focus on construction and renovation projects, paired with a cultural shift towards modern, sustainable living, positions Asia-Pacific as the fastest-growing market for architectural coatings globally.

The architectural coatings segment generated USD 90.5 billion in 2024, and it is projected to continue its expansion due to its widespread use in both residential and commercial buildings. These coatings are valued not only for their aesthetic appeal but also for their ability to protect surfaces from wear, moisture, and environmental factors. The demand for water-based and low-VOC coatings, which are considered more eco-friendly, is particularly strong, as governments and consumers alike prioritize sustainability. Additionally, innovations in fast-drying, multi-surface paints have contributed to an increased preference for these products, offering both convenience and performance.

The residential segment held a 62.7% share in 2024. The expanding demand for housing in emerging economies, particularly in the Asia-Pacific region, is a key factor behind this trend. Furthermore, consumer preferences are evolving, with a stronger focus on versatile, high-performance coatings that are both durable and eco-friendly. The demand for coatings with improved aesthetic versatility, such as multi-functional paints that can be applied to various surfaces, continues to rise, further fueling growth in the residential sector. As urban housing construction accelerates, particularly in rapidly developing regions, the need for sustainable and innovative coatings is expected to grow, creating new opportunities for industry players.

China Architectural Coatings, Enamels, Primers, Stains, Solvents, and Lacquers Market generated USD 12.6 billion in 2024, largely due to the country's rapid urban development. Increased consumption, particularly in tier-2 and tier-3 cities, is fueling demand for coatings with enhanced performance and aesthetic appeal. The market for premium coatings, including those with self-cleaning or antibacterial properties, is growing as consumer preferences evolve. Companies are responding by focusing on product innovation and expanding their distribution networks, aiming to capture a larger share of this highly competitive market.

Leading companies in Architectural Coatings, Enamels, Primers, Stains, Solvents, and Lacquers Market, including Sherwin-Williams, PPG Industries, AkzoNobel, and Asian Paints, are adopting strategies such as mergers and acquisitions to consolidate market share. Product innovation is also a key focus, with these companies investing heavily in research and development to introduce new solutions that meet changing consumer needs. Additionally, strategic partnerships and improved distribution networks are helping companies strengthen their presence, particularly in rapidly growing markets like China and India.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope & definition
• 1.2 Base estimates & calculations
• 1.3 Forecast calculation
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2021 - 2034

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Factor affecting the value chain
  • 3.1.2 Profit margin analysis
  • 3.1.3 Disruptions
  • 3.1.4 Future outlook
  • 3.1.5 Manufacturers
  • 3.1.6 Distributors
• 3.2 Impact of trump administration tariffs - structured overview
  • 3.2.1 Impact on trade
    • 3.2.1.1 Trade volume disruptions
    • 3.2.1.2 Retaliatory measures
  • 3.2.2 Impact on the industry
    • 3.2.2.1 Supply-side impact (raw materials)
      • 3.2.2.1.1 Price volatility in key materials
      • 3.2.2.1.2 Supply chain restructuring
      • 3.2.2.1.3 Production cost implications
    • 3.2.2.2 Demand-side impact (selling price)
      • 3.2.2.2.1 Price transmission to end markets
      • 3.2.2.2.2 Market share dynamics
      • 3.2.2.2.3 Consumer response patterns
  • 3.2.3 Key companies impacted
  • 3.2.4 Strategic industry responses
    • 3.2.4.1 Supply chain reconfiguration
    • 3.2.4.2 Pricing and product strategies
    • 3.2.4.3 Policy engagement
  • 3.2.5 Outlook and future considerations
• 3.3 Trade statistics (HS code)
  • 3.3.1 Major exporting countries
  • 3.3.2 Major importing countries

note: the above trade statistics will be provided for key countries only.

• 3.4 Supplier landscape
• 3.5 Profit margin analysis
• 3.6 Regulatory landscape
• 3.7 Impact forces
  • 3.7.1 Growth drivers
    • 3.7.1.1 Surge in residential and commercial construction activity
    • 3.7.1.2 Rising demand for eco-friendly and low-voc products
    • 3.7.1.3 Technological innovation in formulations and application efficiency
  • 3.7.2 Industry pitfalls & challenges
    • 3.7.2.1 Volatile raw material and input costs
    • 3.7.2.2 Regulatory pressure on solvent-based products
• 3.8 Growth potential analysis
• 3.9 Porter's analysis
• 3.10 PESTEL analysis

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Product Type, 2021 - 2034 (USD Billion) (Tons)

• 5.1 Key trends
• 5.2 Architectural coatings
• 5.3 Enamels
• 5.4 Primers
• 5.5 Stains
• 5.6 Solvents
• 5.7 Lacquers

Chapter 6 Market Estimates and Forecast, By Technology, 2021 - 2034 (USD Billion) (Tons)

• 6.1 Key trends
• 6.2 Water-based
• 6.3 Solvent-based

Chapter 7 Market Estimates and Forecast, By End Use, 2021 - 2034 (USD Billion) (Tons)

• 7.1 Key trends
• 7.2 Residenial
• 7.3 Commercial
• 7.4 Industrial

Chapter 8 Market Estimates and Forecast, By Region, 2021 - 2034 (USD Billion) (Tons)

• 8.1 Key trends
• 8.2 North America
  • 8.2.1 U.S.
  • 8.2.2 Canada
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 France
  • 8.3.4 Spain
  • 8.3.5 Italy
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 China
  • 8.4.2 India
  • 8.4.3 Japan
  • 8.4.4 Australia
  • 8.4.5 South Korea
  • 8.4.6 Rest of Asia Pacific
• 8.5 Latin America
  • 8.5.1 Brazil
  • 8.5.2 Mexico
  • 8.5.3 Argentina
  • 8.5.4 Rest of Latin America
• 8.6 Middle East and Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 South Africa
  • 8.6.3 UAE
  • 8.6.4 Rest of Middle East and Africa

Chapter 9 Company Profiles

• 9.1 AkzoNobel
• 9.2 Asian Paints Limited
• 9.3 Axalta Coating Systems
• 9.4 BASF Coatings
• 9.5 Benjamin Moore & Co.
• 9.6 Hempel
• 9.7 Jotun Group
• 9.8 Kansai Paint
• 9.9 Masco Corporation
• 9.10 Nippon Paint Holdings
• 9.11 PPG Industries
• 9.12 RPM International
• 9.13 Sherwin-Williams Company
• 9.14 Tikkurila Oyj