Construction Paints and Coatings Market Report 2026

The construction paints and coatings market size has grown strongly in recent years. It will grow from $62.5 billion in 2025 to $66.37 billion in 2026 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to expansion of urban construction projects, increasing renovation of aging buildings, rising demand for corrosion protection, growth of residential housing development, availability of solvent-based coating technologies.

The construction paints and coatings market size is expected to see strong growth in the next few years. It will grow to $85.14 billion in 2030 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to increasing investments in sustainable construction materials, rising adoption of smart and functional coatings, expansion of green building initiatives, growing demand for long-lasting protective coatings, increasing focus on regulatory compliance. Major trends in the forecast period include increasing adoption of low-voc coatings, rising demand for protective infrastructure coatings, growing use of water-borne paint technologies, expansion of specialty and functional coatings, enhanced focus on corrosion resistance.

The projected surge in new construction projects is poised to drive the growth of the construction paints and coatings market in the coming period. Construction projects encompass a systematic process involving the construction, repair, refurbishment, retrofitting, or adaptation of buildings and other built assets such as tunnels or bridges. Within these projects, the significance of paints and coatings lies in their role in preventing water penetration, corrosion, rotting, and deterioration. For example, in March 2023, Zippia reported that 1.4 million new construction projects were completed in January 2023, reflecting a substantial 12.8% increase compared to January 2022. Consequently, the escalating number of new construction projects emerges as a key driver for the growth of the construction paints and coatings market.

Prominent enterprises in the construction paints and coatings market are strategically emphasizing the development of innovative products, with a particular focus on leveling agents, to drive revenue growth. Leveled surfaces play a crucial role in enhancing the properties and appearance of applied materials in the coatings, paints, and ink industries. Illustratively, in March 2023, Evonik Industries AG, a leading Germany-based company specializing in various chemicals, including construction paints and coatings, unveiled the Tego Flow 380 leveling agent. Specifically tailored for solvent-borne coatings, particularly clear coats, this product stands out for its exceptional anti-popping qualities and remarkable compatibility. The Tego Flow 380, distinguished by its very low viscosity, simplifies the processing of coatings and finds applications in automotive and general industrial coatings.

In October 2023, The Protech Group, a Canada-based manufacturer of protective coatings, paints, and specialty materials, acquired MF Paints Inc. for an undisclosed amount. This acquisition aims to expand The Protech Group’s presence in the Canadian architectural paint market, strengthen its product portfolio, and broaden customer reach across residential and commercial applications. MF Paints Inc. is a Canada-based manufacturer of premium architectural paints and coatings.

Major companies operating in the construction paints and coatings market are Akzo Nobel N.V., PPG Industries, Inc., The Sherwin-Williams Company, Nippon Paint Holdings Co., Ltd., Asian Paints Limited, Kansai Paint Co., Ltd., Jotun Group, Axalta Coating Systems Ltd., BASF Coatings GmbH, RPM International Inc., Berger Paints India Limited, Hempel A/S, Tikkurila Oyj, Beckers Group, Masco Corporation, Benjamin Moore & Co., DAW SE, Cloverdale Paint Inc., Diamond Vogel Paint Company, Kelly-Moore Paints.

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

The construction paints and coatings market consist of sales of polysiloxanes, zinc-rich primers, asphalt emulsion and aromatic azo-dyes. 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.

This product will be delivered within 1-3 business days.