U.S. Paints And Coatings Market To Reach $41.12 Billion By 2030

U.S. Paints And Coatings Market Growth & Trends

The U.S. paints and coatings market size is expected to reach USD 41.12 billion by 2030, registering a CAGR of 4.5% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growth of the market is attributed to a rise in the construction activities and increasing demand for paints and coatings from durable goods, motor vehicles, and industrial maintenance applications in the country.

Rising construction spending and several national policies to promote the recovery of the housing sector are expected to positively impact future construction trends. Reconstruction activities, coupled with infrastructure development in the country, as a result of rapid industrialization are expected to provide immense market potential in the U.S. over the forecast period.

However, the spread of the coronavirus pandemic has drastically impacted the growth of the building and construction sector in the country and has led to a decrease in the infrastructural development activities in 2020 as the major companies have either held their capital investment and their ongoing and planned construction projects or have canceled their projects, such as Google’s planned Mission Bay project. This has led to a decrease in the demand for paints and coatings for architectural and decorative applications.

On the basis of product, the market is segmented into high solids/radiation curing, powder coatings, waterborne coatings, solvent-borne coatings, and others (specialty coatings). High solids and radiation curing coatings relatively account for a small portion of the U.S. market. However, the adoption of these coatings is rising in various applications, such as marine, aerospace, paper, and paperboard, and construction, owing to their rapid curing and excellent physical properties. This is expected to fuel the growth of the segment in the coming years.

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U.S. Paints And Coatings Market Report Highlights

• Waterborne coatings dominated the market and accounted for the largest revenue share of 44.4% in 2024. This growth is attributed to their eco-friendliness and compliance with stringent environmental regulations.

• The powder coatings segment is expected to grow at a CAGR of 5.8% over the forecast period, owing to its environmental benefits and versatility across multiple industries.

• Automotive industry is a major driver as the demand for durable finishes increases alongside the rise of electric vehicles.

U.S. Paints And Coatings Market Segmentation

Grand View Research has segmented the U.S. paints and coatings market report based on product:

U.S. Paints And Coatings Product Outlook (Revenue, USD Million, Volume, Kilotons; 2018 - 2030)

• Radiation Cured Coatings

  • Radiation Cured Coatings, By Raw Material

    • Oligomers

    • Monomers

    • Photo initiators

    • Additives

  • Radiation Cured Coatings, By Formulation

    • Ultraviolet Curing

    • Electro Beam Curing

  • Radiation Cured Coatings, Application

    • Wood

    • Industrial

    • Printing Inks

    • Paper & Film

    • Electronic Products

    • Adhesives

    • Glass

    • Others

• Powder Coatings

  • Powder Coatings, By Resins

    • Epoxy

    • Polyester

    • Epoxy-Polyester (Hybrid)

    • Acrylic

    • Polyurethane

    • Others

  • Powder Coatings, By Application

    • Consumer Goods

    • Architectural

    • Automotive

    • General Industries

    • Furniture

    • Others

• Waterborne Coatings

  • Waterborne Coatings, By Resins

    • Acrylic

    • Polyurethane

    • Epoxy

    • Alkyd

    • Polyester

    • PTFE

    • PVDC

    • PVDF

    • Others

  • Waterborne Coatings, By Application

    • Architectural

    • General Industrial

    • Automotive OEM

    • Metal Packaging

    • Protective Coatings

    • Automotive Refinish

    • Industrial Wood

    • Marine

    • Coil

    • Others

• Solvent-borne Coatings

  • Solvent-borne Coatings, By Type

    • One Component

    • Two Component

  • Solvent-borne Coatings, By Application

    • Automotive

    • Industrial

    • Printing Inks

    • Others

List Of Key Players in the U.S. Paints And Coatings Market

• The Sherwin-Williams Company

• Axalta Coating Systems, LLC

• PPG Industries, Inc.

• RPM International, Inc.

• BASF SE

• 3M

• Sika AG