Plastic Paint Market Report 2026

The plastic paint market size has grown strongly in recent years. It will grow from $103.4 billion in 2025 to $109.87 billion in 2026 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to urban housing growth, interior renovation demand, acrylic resin availability, household paint consumption, commercial construction expansion.

The plastic paint market size is expected to see strong growth in the next few years. It will grow to $135.17 billion in 2030 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to smart housing development, sustainable paint regulations, decorative interior trends, commercial real estate growth, premium finish demand. Major trends in the forecast period include growing adoption of acrylic plastic paints, increasing demand for water-based coatings, expansion of quick-drying interior paints, rising preference for moisture-resistant finishes, focus on low voc decorative paints.

The growing automotive industry is expected to propel the growth of the plastic paint market going forward. The automotive industry refers to the sector involved in the design, development, production, marketing, and sale of motor vehicles, including cars, trucks, motorcycles, and other vehicles. The automotive sector is on the rise due to several factors, such as rapid technological advancements including electric vehicles (EVs), autonomous driving technologies, and connected cars, and increasing demand for convenient and efficient transportation solutions. Plastic paint is used extensively for coating vehicle exteriors, including car bodies, bumpers, trim pieces, and other exterior components. It also allows for color customization, enabling automakers to offer a wide range of color options to customers. For instance, in June 2023, according to a report shared by the Society of Motor Manufacturers and Traders (SMMT), a UK-based trade association, sales of passenger cars in the UK rose 25.8% from 140,958 units in 2022 to 177,266 units in 2023. Therefore, the growing automotive industry is driving the growth of the plastic paint market.

Major companies operating in the plastic paint market are focusing on developing innovative solutions, such as acrylic emulsion, to cater to diverse consumer needs and preferences. Acrylic emulsion refers to a water-based binder used in paints and coatings, providing durability, versatility, and environmentally friendly characteristics for a wide range of applications. For instance, in June 2024, Trinseo, a US-based paint company, launched LIGOS C 9031. It is a high-performance styrene acrylic emulsion designed for premium interior wall paint applications. This 2-in-1 solution provides exceptional washability and scrub resistance, making it ideal for high-humidity areas. It exceeds the ASTM D 2486 standard for wet scrub performance and allows for easy touch-ups without compromising the finished appearance. The product features built-in viscosity control, enabling manufacturers to adjust viscosity levels and optimize the use of thickeners for various application methods, including spray, roll, and brush. Furthermore, LIGOS C 9031 is part of Trinseo’s CO2NET product portfolio, aimed at reducing carbon emissions by at least 50%. It is also compliant with Nordic Swam Eco-Label, EC1+, and Blue Angel certifications while maintaining low volatile organic compound levels.

In March 2023, Stahl, a Netherlands-based coatings technologies company, acquired ICP Industrial Solutions Group for approximately $205 million. Through this acquisition, Stahl aims to enhance its plastic coatings portfolio by incorporating ICP’s high-performance coatings for flexible substrates and expanding its solutions for plastic films and packaging applications. ICP Industrial Solutions Group is a US-based company that specializes in coatings designed specifically for plastic and flexible packaging materials.

Major companies operating in the plastic paint market are The Sherwin-Williams Company, PPG Industries Inc., AkzoNobel NV, Asian Paints Limited, Berger Paints India Limited, Nippon Paint Holdings Co. Ltd., Kansai Paint Co. Ltd., Jotun Group, DAW SE, Teknos Group Oy, Diamond Vogel Paints, SK Kaken Co. Ltd., KCC Corporation, Crown Paints, Shalimar Paints Limited, Indigo Paints Limited, TOA Paint (Thailand) Public Company Limited, Cloverdale Paint, Kelly-Moore Paints, Miller Paint Company, Hempel A/S, SKSHU Paint Company.

Asia-Pacific was the largest region in the plastic paint market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the plastic paint market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the plastic paint market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The plastic plant market consists of sales of products such as emulsion paints, enamel paints, and latex paints. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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