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US Architectural Coatings Market Research Report: By Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Others), By Technology (SOLVENT BORNE, Water Borne) and By End-Use Industry (Residential, Non-residential) - Forecast to 2035


ID: MRFR/CnM/18864-US | 100 Pages | Author: MRFR Research Team| December 2023

US Architectural Coatings Market Research Report: By Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Others), By Technology (SOLVENT BORNE, Water Borne) and By End-Use Industry (Residential, Non-residential) - Forecast to 2035.


US Architectural Coatings Market Overview:


As per MRFR analysis, the US Architectural Coatings Market Size was estimated at 17.58 (USD Billion) in 2023. The US Architectural Coatings Market Industry is expected to grow from 18.5(USD Billion) in 2024 to 30.5 (USD Billion) by 2035. The US Architectural Coatings Market CAGR (growth rate) is expected to be around 4.65% during the forecast period (2025 - 2035).


Key US Architectural Coatings Market Trends Highlighted


In the US Architectural Coatings Market, sustainability is emerging as a vital trend. With increasing environmental awareness, consumers and contractors are prioritizing eco-friendly products. This shift is driven by stringent regulations from the Environmental Protection Agency and demands for low-VOC (volatile organic compounds) paint options, reflecting a growing preference for healthier indoor environments. Additionally, heightened interest in durable, long-lasting coatings has encouraged innovations in formula and application, catering to both residential and commercial sectors. Opportunities abound for manufacturers and suppliers focused on water-based coatings.These products not only comply with environmental regulations but also cater to customer preferences for easy cleanup and low toxicity. The expansion of the green building sector in the US is promoting the adoption of high-performing eco-friendly coatings, providing a profitable avenue for growth. Recently, there has been a surge in DIY home improvement projects, significantly impacting demand in the residential market. This trend has been bolstered by the rise of online platforms offering a wide selection of coatings, alongside instructional resources. As homeowners increasingly engage in renovation and decorating, the need for versatile and easy-to-use paint solutions rises.In urban areas, the trend of urbanization drives a stronger demand for coatings in commercial buildings, as businesses seek to enhance aesthetics and functionality. This rapid expansion in metropolitan areas also influences the demand for specific finishes and formulations suitable for various climates and surfaces. Such factors contribute to a dynamic landscape in the US Architectural Coatings Market, reflecting changing consumer values and industry standards.

US Architectural Coatings Market size

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Architectural Coatings Market Drivers

Growing Construction and Renovation Activities in the US


The growth of the US Architectural Coatings Market Industry is significantly driven by the increasing construction and renovation activities. According to the U.S. Census Bureau, construction spending in residential projects has reached over $900 billion annually, with a projected annual growth rate of around 3.4% through the next decade. This surge in both new builds and renovations increases the demand for architectural coatings. Established organizations such as the National Association of Home Builders (NAHB) report that nearly 50% of homeowners are considering home improvements, further propelling the market for architectural coatings.This growth is not only supported by increasing investments but also by trends towards more sustainable and durable materials, which are driving innovation and adoption of advanced coatings in the architectural industry.


Increase in Demand for Eco-Friendly Products


The shift towards environmentally friendly products is another critical driver for the US Architectural Coatings Market Industry. The Environmental Protection Agency (EPA) reports that the VOC (Volatile Organic Compound) emissions from conventional paints have reduced by approximately 30% over the last decade due to regulatory measures and consumer preference. This has led to an increase in demand for low-VOC and environmentally friendly coatings, which are now a significant part of product offerings from major manufacturers like Sherwin-Williams and PPG Industries.The rise in consumer awareness regarding sustainability is projected to grow the eco-friendly segment of the coatings market by nearly 20% in the coming years.


Technological Advancements in Coating Products


Technological advancements in coating formulations are driving the growth of the US Architectural Coatings Market Industry. Innovations leading to the development of advanced paints and coatings with superior performance characteristics, such as enhanced durability, moisture resistance, and quick drying times, have become increasingly important. According to the American Coatings Association, an estimated 12% of manufacturers are heavily investing in Research and Development initiatives aimed at enhancing product efficacy and user-friendly application methods.Notably, innovations in formulation technology have allowed manufacturers to produce coatings that significantly reduce the need for frequent repainting, thereby appealing to both residential and commercial property owners.


Rise in Homeownership and Real Estate Investments


The resurgence of homeownership rates and real estate investments in the US is a robust driver for the US Architectural Coatings Market Industry. Data from the Federal Housing Finance Agency shows that the homeownership rate has increased to approximately 65.5% in recent years, which correlates with greater discretionary spending on property maintenance and renovations. As more families invest in their homes, the demand for quality architectural coatings has surged, particularly in urban areas.This trend is supported by significant investments from housing authorities and the real estate sector aimed at enhancing residential infrastructure, thereby boosting the market for coatings that meet both aesthetic and functional demands.

US Architectural Coatings Market Segment Insights:

Architectural Coatings Market Resin Type Insights



The US Architectural Coatings Market demonstrates a diverse range of resin types that cater to varying customer needs and preferences. The market largely comprises segments such as Acrylic, Alkyd, Epoxy, Polyurethane, and Others, each serving unique functions and offering distinct advantages. Acrylic coatings are favored for their quick drying time and excellent durability, making them suitable for both interior and exterior applications. Their adhesion properties and resistance to UV degradation promote longevity in a variety of environments, driving their popularity in residential and commercial markets alike. Alkyd coatings, known for their excellent finish and ease of application, maintain a steady demand due to their high performance in industrial and decorative applications. These coatings are often chosen for their ability to provide a smooth and durable surface, making them ideal for wood and metal substrates. Epoxy coatings are recognized for their robust bonding capabilities, chemical resistance, and overall durability. This makes them a preferred choice for high-performance applications, particularly in environments where surfaces are subjected to heavy wear, exposure to harsh chemicals, or extreme conditions. On the other hand, Polyurethane coatings are valued for their flexibility, scratch resistance, and gloss retention, contributing to their use in both automotive and architectural refinishing applications. Additionally, the 'Others' category encompasses a range of alternative resin types, which are continuously evolving as industries seek innovative solutions for specialized requirements.Moreover, trends within the US Architectural Coatings Market show a growing inclination towards environmentally friendly options as manufacturers develop low-VOC and waterborne products to align with stricter regulations and sustainability initiatives. The increasing adoption of these advancements presents significant opportunities for growth across various resin type segments. Additionally, the ongoing urbanization and increasing investment in construction activities across the US are expected to boost demand, contributing to a heightened focus on high-quality architectural coatings across all resin types. These factors collectively underscore the dynamic nature of the market, reflecting the resin type segment's critical role in the broader architectural coatings landscape.


US Architectural Coatings Market segment

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Architectural Coatings Market Technology Insights



The Technology segment of the US Architectural Coatings Market plays a vital role in defining the industry landscape, especially in relation to product formulations and performance capabilities. Among its various formulations, Water Borne coatings have gained traction due to their lower environmental impact and compliance with strict regulatory standards on volatile organic compounds (VOCs). The growing preference for eco-friendly products has shifted consumer focus towards Water Borne solutions, making them increasingly popular in both residential and commercial applications.On the other hand, Solvent Borne coatings are known for their superior durability and adhesion properties, making them suitable for high-performance applications such as industrial environments and exterior facades. As these segments evolve, the market is witnessing trends emphasizing innovation in formulations aimed at enhancing durability while reducing environmental footprints. The continual advancements in formulation technologies foster new opportunities within the US Architectural Coatings Market, as manufacturers strive to meet changing consumer preferences and regulatory requirements, driving the demand for both Water Borne and Solvent Borne solutions.The competition within this segment is intensifying, providing further growth prospects as companies invest heavily in Research and Development to create advanced coating solutions.

Architectural Coatings Market End-Use Industry Insights



The US Architectural Coatings Market reflects a diverse landscape shaped by its End-Use Industry segmentation, primarily encompassing Residential and Non-residential applications. The Residential segment is crucial as it caters to a substantial portion of the market, with increasing investments in home renovations and construction driving demand for various coatings. The trend towards eco-friendly and sustainable products is gaining momentum in this segment, highlighting consumers' growing awareness of health and environmental impacts. On the other hand, the Non-residential sector showcases significant growth fueled by rising commercial construction activities and infrastructure development in urban centers across the US.This segment predominantly focuses on durability and aesthetic appeal, making performance-driven coatings essential. The shift to higher standards of design and functionality in commercial spaces has resulted in an upsurge in demand for innovative architectural coatings that not only enhance visual appeal but also provide resilience against wear and tear. Overall, the dynamics of these segments reflect evolving consumer preferences and market growth opportunities, underlining their critical role in shaping the overall US Architectural Coatings Market landscape.

US Architectural Coatings Market Key Players and Competitive Insights:


The competitive landscape of the US Architectural Coatings Market is characterized by a dynamic and rapidly evolving environment where various players strive for market share through innovation, product differentiation, and strategic alliances. This market primarily comprises manufacturers and suppliers of paints, varnishes, and coatings used in residential, commercial, and industrial applications. Competitive insights indicate that key factors such as sustainability, eco-friendliness, and advanced technology in formulation are influencing the choices of consumers and, consequently, the strategies of companies within this sector. As the demand for high-performance and environmentally compliant products grows, firms are leveraging research and development to create coatings that meet stringent regulatory standards while offering enhanced durability, aesthetics, and ease of application, which contributes to the competitive edge and market penetration of different players.GeorgiaPacific, while primarily recognized for its comprehensive portfolio in building products, is also a notable contender in the US Architectural Coatings Market. The company's competencies lie in its ability to deliver high-quality coatings tailored for various substrates, showcasing significant strength in promoting environmentally responsible products. Leveraging its vast distribution network and established relationships with contractors and retailers throughout the US, GeorgiaPacific effectively meets the diverse needs of customers ranging from professionals to DIY enthusiasts. Their emphasis on innovation and quality assurance, alongside research into new sustainable practices, positions GeorgiaPacific as a credible and competitive supplier in this market. GeorgiaPacific's ability to adapt to changing consumer preferences for more aesthetic and environmentally friendly coatings reinforces its foothold and reputation within the sector.BASF stands out as a key player in the US Architectural Coatings Market, known for its advanced functionality and a broad portfolio of products tailored for diverse applications. The company’s strength lies in its innovative chemical solutions that enhance the performance and longevity of coatings. BASF’s extensive range of products includes architectural paints, exterior finishes, and specialty coatings, all designed with a focus on sustainability and high performance. The company's commitment to research and development enables it to continuously refine its offerings, enhancing product qualities such as durability, color retention, and environmental compliance. Additionally, BASF pursues strategic mergers and acquisitions to expand its capabilities and market access in the US, allowing it to strengthen its presence and foster relationships with various stakeholders in the architectural coatings segment. This strategic positioning, alongside robust marketing efforts, reinforces BASF's role as a dominant entity within the US market, effectively responding to ongoing shifts toward sustainable practices and advanced coating technologies.


Key Companies in the US Architectural Coatings Market Include:

GeorgiaPacific


BASF


AkzoNobel


Clare


DunnEdwards Corporation


PPG Industries


RPM International


Christensen's Paint


Valspar


Behr Process Corporation


Benjamin Moore


Nippon Paint


Kansai Paint


SherwinWilliams


US Architectural Coatings Market Industry Developments


The US Architectural Coatings Market has experienced significant developments recently. Key players such as Sherwin-Williams and PPG Industries have been focusing on sustainability, launching eco-friendly product lines in response to growing consumer demand for environmentally responsible options. In September 2023, Sherwin-Williams announced its commitment to reduce greenhouse gas emissions, aligning with regulatory trends towards sustainability. Merger and acquisition activities have been notable as well, with RPM International acquiring a specialty coatings company in August 2023, further expanding its market presence. Other companies like AkzoNobel and Benjamin Moore continue to innovate with advanced formulation technologies that improve performance and durability of coatings. The market size for architectural coatings has been projected to grow, reflecting an increase in residential and non-residential construction activities across the US, attributed to federal investments in infrastructure. Additionally, in July 2022, the rise in DIY home improvement projects boosted sales for companies like Behr Process Corporation and Valspar, which adapted their strategies to meet shifting consumer preferences. Overall, these factors indicate a robust growth trajectory in the US Architectural Coatings Market, driven by innovation, sustainability, and evolving consumer demands.


US Architectural Coatings Market Segmentation Insights

Architectural Coatings Market Resin Type Outlook


Acrylic


Alkyd


Epoxy


Polyurethane


Others

Architectural Coatings Market Technology Outlook


SOLVENT BORNE


Water Borne

Architectural Coatings Market End-Use Industry Outlook


Residential


Non-residential

Report Scope: ,,,,,,,,,,,,,
Report Attribute/Metric Source: Details
MARKET SIZE 2018 17.58(USD Billion)
MARKET SIZE 2024 18.5(USD Billion)
MARKET SIZE 2035 30.5(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 4.65% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Billion
KEY COMPANIES PROFILED GeorgiaPacific, BASF, AkzoNobel, Clare, DunnEdwards Corporation, PPG Industries, RPM International, Christensen's Paint, Valspar, Behr Process Corporation, Benjamin Moore, Nippon Paint, Kansai Paint, SherwinWilliams
SEGMENTS COVERED Resin Type, Technology, End-Use Industry
KEY MARKET OPPORTUNITIES Sustainable and eco-friendly coatings, Smart coatings for enhanced functionality, Growing DIY home improvement trend, Expansion in green building initiatives, Increased demand for decorative finishes
KEY MARKET DYNAMICS Sustainable product demand, Strong construction growth, Technological advancements, Rising DIY trends, Stringent environmental regulations
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

The US Architectural Coatings Market is expected to be valued at 18.5 billion USD in 2024.

By 2035, the US Architectural Coatings Market is anticipated to reach a valuation of 30.5 billion USD.

The projected compound annual growth rate (CAGR) for the US Architectural Coatings Market from 2025 to 2035 is 4.65%.

In 2024, the Acrylic resin type will dominate the market, valued at 7.5 billion USD.

The market size for Alkyd coatings is expected to grow to 6.5 billion USD by 2035.

Some of the major players in the market include Georgia-Pacific, BASF, AkzoNobel, and PPG Industries.

The Epoxy coatings segment is expected to be valued at 2.8 billion USD in 2024.

The Polyurethane segment is projected to reach a market size of 5.0 billion USD by 2035.

The market may face challenges related to fluctuating raw material prices and environmental regulations.

There are significant opportunities for growth in the market due to increasing construction activities and home renovations.

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