South Africa Waterborne Coatings Market Size & Outlook

The waterborne coatings market in South Africa is expected to reach a projected revenue of US$ 116.9 million by 2030. A compound annual growth rate of 2.7% is expected of South Africa waterborne coatings market from 2023 to 2030.
Revenue, 2022 (US$M)
$94.7
Forecast, 2030 (US$M)
$116.9
CAGR, 2023 - 2030
2.7%
Report Coverage
South Africa

South Africa waterborne coatings market, 2018-2030 (US$M)

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South Africa waterborne coatings market highlights

  • The South Africa waterborne coatings market generated a revenue of USD 94.7 million in 2022 and is expected to reach USD 116.9 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 2.7% from 2023 to 2030.
  • In terms of segment, architectural was the largest revenue generating application in 2022.
  • Automotive OEM is the most lucrative application segment registering the fastest growth during the forecast period.

Waterborne coatings market data book summary

Market revenue in 2022USD 94.7 million
Market revenue in 2030USD 116.9 million
Growth rate2.7% (CAGR from 2022 to 2030)
Largest segmentArchitectural
Fastest growing segmentAutomotive OEM
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationArchitectural, General Industries, Automotive OEM, Metal Packaging, Protective Coatings, Automotive Refinish, Industrial Wood, Marine, Coil
Key market players worldwideAkzo Nobel NV, Basf SE, Axalta Coating Systems Ltd, Kansai Paint Co Ltd, Nippon Paint Holdings Co Ltd, PPG Industries Inc, RPM International Inc, Sherwin-Williams Co, Berger Paints, Valspar, Tikkurila Group

Other key industry trends

  • In terms of revenue, South Africa accounted for 0.1% of the global waterborne coatings market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, Saudi Arabia waterborne coatings market is projected to lead the regional market in terms of revenue in 2030.
  • Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 852.7 million by 2030.

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Waterborne Coatings Market Scope

Waterborne coatings market segmentation & scope

Waterborne Coatings Market Companies

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South Africa waterborne 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 waterborne coatings market will help companies and investors design strategic landscapes.


Architectural was the largest segment with a revenue share of 76.87% in 2022. Horizon Databook has segmented the South Africa waterborne coatings market based on architectural, general industries, automotive oem, metal packaging, protective coatings, automotive refinish, industrial wood, marine, coil covering the revenue growth of each sub-segment from 2018 to 2030.


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

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South Africa waterborne coatings market size, by application, 2018-2030 (US$M)

South Africa Waterborne Coatings Market Outlook Share, 2022 & 2030 (US$M)

South Africa waterborne coatings market size, by application, 2018-2030 (US$M)

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