Architectural Coatings Market Size and Trends

The architectural coatings market is estimated to be valued at USD 83.68 Bn in 2025 and is expected to reach USD 125.08 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.9% from 2025 to 2032.

Architectural Coatings Market Key Factors

To learn more about this report, Request sample copy

The demand for architectural coatings is expected to rise steadily over the next decade. The growth of the construction industry, along with increasing investments in infrastructure development projects across major countries worldwide, will drive the demand for architectural coatings. Rapid urbanization, rising disposable income, and changing architectural styles are also contributing to the increased consumption of architectural coatings. Furthermore, advancements in coating technologies that allow for lower VOC emissions and self-cleaning properties are expected to boost the market growth during the forecast period. New product launches focusing on sustainability and performance improvement will further aid the architectural coatings industry in garnering greater revenue share.

Expanding Global Construction Industry

The global architectural coatings market is primarily driven by the rapid growth of the construction industry worldwide. For instance, according to data published by Invest India in 2023, the construction industry in India is expected to reach US$1.4 Tn by 2025. There has been a massive increase in the number of infrastructure projects, such as roads, bridges, airports, and commercial buildings being constructed globally, both in developed and developing regions. This is propelling the demand for coating materials that are used to protect and beautify the surfaces of these structures from wear and tear. The residential construction sector is also thriving due to rising disposable incomes, growing urbanization, and increasing home ownership, especially in Asia Pacific and Middle Eastern countries. This has augmented the sales of paints, varnishes, and other coatings that are applied on interior and exterior surfaces of houses, apartments and other residential spaces.