Global Decorative Coatings Market Size & Outlook, 2025-2030

The global decorative coatings market size was estimated at USD 87,688.0 million in 2024 and is projected to reach USD 116,395.2 million by 2030, growing at a CAGR of 4.9% from 2025 to 2030.
Revenue, 2024 (US$M)
$87,688.0
Forecast, 2030 (US$M)
$116,395.2
CAGR, 2025 - 2030
4.9%
Report Coverage
Worldwide

Global decorative coatings market highlights

  • The global decorative coatings market generated a revenue of USD 87,688.0 million in 2024 and is expected to reach USD 116,395.2 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 4.9% by 2030.
  • In terms of segment, emulsion accounted for a revenue of USD 38,185.5 million in 2024.
  • Emulsion is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 87,688.0 million
Market revenue in 2030USD 116,395.2 million
Growth rate4.9% (CAGR from 2025 to 2030)
Largest segmentEmulsion
Fastest growing segmentEmulsion
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPrimer, Enamel, Emulsion

Other key industry trends

  • In terms of revenue, the North America accounted for 19.3% of the global decorative coatings market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 10,464.0 million by 2030.

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Decorative Coatings Market Companies

Name Profile # Employees HQ Website
Jotun View profile 10001+ Mumbai, Maharashtra, India, Asia http://www.jotun.com
Asian Paints View profile 10001+ Mumbai, Maharashtra, India, Asia https://www.asianpaints.com
Nippon Paint Holdings Co Ltd View profile 42423 2-1-2 Oyodo Kita, Kita-ku, Osaka, Japan, 531-8511 http://www.nipponpaint-holdings.com
Axalta Coating Systems Ltd View profile 12000 50 Applied Bank Boulevard, Suite 300, Glen Mills, PA, United States, 19342 https://www.axalta.com
RPM International Inc View profile 17274 2628 Pearl Road, P.O. Box 777, Medina, OH, United States, 44256 https://www.rpminc.com
Kansai Paint Co Ltd View profile 16236 6-14, Imabashi 2-chome, Chuo-ku, Osaka, Japan, 541-8523 http://www.kansai.co.jp
Sherwin-Williams Co View profile 64088 101 West Prospect Avenue, Cleveland, OH, United States, 44115-1075 https://www.sherwin-williams.com
Masco Corp View profile 18000 17450 College Parkway, Livonia, MI, United States, 48152 https://www.masco.com
PPG Industries Inc View profile 53000 One PPG Place, Pittsburgh, PA, United States, 15272 https://www.ppg.com
Akzo Nobel NV View profile 35500 Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW https://www.akzonobel.com
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com

Global decorative coatings market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to decorative coatings market will help companies and investors design strategic landscapes.


Emulsion was the largest segment with a revenue share of 43.55% in 2024. Horizon Databook has segmented the Global decorative coatings market based on primer, enamel, emulsion covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Decorative Coatings Product Outlook (Revenue, USD Million, 2018-2030)
    • Emulsion
    • Others
    • Enamel
    • Primer
  • Global Decorative Coatings Technology Outlook (Revenue, USD Million, 2018-2030)
    • Water-borne Coatings
    • Solvent-borne Coatings
    • Powder Coatings
  • Global Decorative Coatings Application Outlook (Revenue, USD Million, 2018-2030)
    • Residential
    • Commercial
    • Industrial
    • Infrastructure

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Horizon Databook provides a detailed overview of global-level data and insights on the Global decorative coatings market , including forecasts for subscribers. This global databook contains high-level insights into Global decorative coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global decorative coatings market size, by regions, 2018-2030 (US$M)

Top 10 countries: Decorative coatings market size, 2024 (US$M)

Global decorative coatings market share, by technology, 2024 & 2030 (%, US$M)

Decorative coatings market: Opportunity assessment by country

Global decorative coatings market, by region, 2024 (US$M)

Global decorative coatings market size, by regions, 2018-2030 (US$M)

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