Global Paints And Coatings Market Size & Outlook
Global paints and coatings market, 2018-2030 (US$M)
Related Markets
Global paints and coatings market highlights
- The global paints and coatings market generated a revenue of USD 200,290,861.1 million in 2023 and is expected to reach USD 280,194,060.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.9% by 2030.
- In terms of segment, waterborne coatings accounted for a revenue of USD 81,730,252.6 million in 2023.
- Powder coatings 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 2023.
- Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 200,290,861.1 million |
| Market revenue in 2030 | USD 280,194,060.7 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Waterborne coatings |
| Fastest growing segment | Powder coatings |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radiation cured coatings, Powder coatings, Waterborne coatings, Solvent-borne coatings |
Other key industry trends
- In terms of revenue, the North America accounted for 21.6% of the global paints and coatings market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Spain is the fastest growing regional market and is projected to reach USD 7,156,137.7 million by 2030.
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Paints and Coatings Market Scope
Paints and Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global paints and 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 paints and coatings market will help companies and investors design strategic landscapes.
Waterborne coatings was the largest segment with a revenue share of 40.81% in 2023. Horizon Databook has segmented the Global paints and coatings market based on radiation cured coatings, powder coatings, waterborne coatings, solvent-borne coatings covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Paints and Coatings Product Outlook (Revenue, USD Million, 2018-2030)
- Radiation cured coatings
- Powder coatings
- Waterborne coatings
- Solvent-borne coatings
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Horizon Databook provides a detailed overview of global-level data and insights on the Global paints and coatings market , including forecasts for subscribers. This global databook contains high-level insights into Global paints and coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global paints and coatings market size, by regions, 2018-2030 (US$M)
Top 10 countries: Paints and coatings market size, 2023 (US$M)
Global paints and coatings market share, by product, 2023 & 2030 (%, US$M)
Paints and coatings market: Opportunity assessment by country
Global paints and coatings market, by region, 2023 (US$M)
Related regional statistics
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