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. 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.
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.
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.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments
- Competitive Landscape: Explore the market presence of key players worldwide
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
The leading players in the U.S. Paints and Coatings market include:
- The Sherwin-Williams Company
- Axalta Coating Systems, LLC
- PPG Industries, Inc.
- RPM International, Inc.
- BASF SE
- 3M
- Sika AG
Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. U.S. Paints & Coatings Market Variables, Trends & Scope
Chapter 4. U.S. Paints & Coatings Market: Product Outlook Estimates & Forecasts
Chapter 5. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
- The Sherwin-Williams Company
- Axalta Coating Systems, LLC
- PPG Industries, Inc.
- RPM International, Inc.
- BASF SE
- 3M
- Sika AG
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 80 |
Published | October 2024 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 31.78 Billion |
Forecasted Market Value ( USD | $ 41.12 Billion |
Compound Annual Growth Rate | 4.5% |
Regions Covered | United States |
No. of Companies Mentioned | 7 |