U.S. Paints and Coatings Market - Databook 2025 to 2034

The U.S. paints and coatings market size surpassed USD 26.86 billion in 2024 and is predicted to reach around USD 44.85 billion by 2034, registering a CAGR of 5.26% from 2025 to 2034.

Highlights of the U.S. Paints and Coatings Market

• By material, the acrylic segment underwent notable growth in the market during 2024.
• By material, the polyurethane segment is anticipated to expand rapidly.
• By product, the waterborne coatings segment experienced significant expansion in the market.
• By product, the powder coatings segment is expected to emerge with notable growth during the forecast period.
• By application, the architectural & decorative segment saw strong growth during the studied period.
• By application, the non-architectural segment is expected to see notable performance in growth between 2025–2034.

Industry Valuation and Growth Rate Projection

The U.S. paints and coatings market is growing rapidly. While paints and coatings are not always scenic products, they include wall paints, vehicle coatings, and protective coatings that are applied to buildings, vehicles, and factories in order to protect the underlying material and also improve the surface appearance. Most of the growth in market size can be attributed to increased construction, home improvement projects, and automotive industry demand, attributed to coatings.

As environmental and health concerns continue to grow among consumers, paints and coatings that are eco-friendly and low in volatile organic compounds also drive demand, as do other forms of consumer choice. Business investments in new coatings and technology have led to better-science coatings and the introduction of smart coatings that can change color or provide better protection. Ultimately, the U.S. paints and coatings market serves to optimize the lifespan of materials and surfaces while improving aesthetics and serving various evolving consumer needs.

What Are the Market Trends in the U.S. Paints and Coatings Market?

• The market trends in the U.S. paints and coatings market are that sustainable paints are on the rise, smart coatings are on the rise, DIY painting is rising rapidly, and automotive coatings are thriving.
• Consumers are increasingly choosing low-volatile organic compounds, sustainable, and water-based paints for their health and the health of the environment.
• There are multiple coatings that cool, change color, and are self-cleaning. Smart coatings are now beginning to be embraced by buildings and transportation vehicles.
• Homeowners are painting their own interiors out of enjoyment and to save money. The ability to paint it themselves will expand the market of painting products that can be accessible to consumers.
• With the rise of car sales, and custom cars in particular, strong smart coatings in the auto sector are experiencing increasing demand.

What Are the Restraints in the U.S. Paints and Coatings Market?

• The market restraints in the U.S. paints and coatings market are higher raw material costs, more severe environmental regulations, and supply chain delays.
• Market prices have increased key raw materials for producing paints (including titanium dioxide and oil-based solvents) that have capped profit margins.
• The serious nature of the U.S.A. EPA regulations for VOC limits and waste management are also an expense, and increase the difficulties of paint manufacture.
• Delays for the delivery of raw materials in supply chain disruptions are also causing significant delays in paint production cycles globally.

What Are the Opportunities in the U.S. Paints and Coatings Market?

• The opportunities in the U.S. paints and coatings market lies in lie in the green building trend, growth in e-commerce, innovation in packaging, and smart city projects.
• The increase in the trend toward green buildings will expand the need for sustainable paints and coatings.
• Growth in e-commerce will directly correlate with online paint sales. More people are opting to purchase paints, brushes, and tools from home.
• Innovative packaging in materials such as easy-open lids, refillable packs, and color testers provides the customer with a much better shopping experience and will help with sales.
• Government spending on smart city infrastructure will spur demand for high-performance, durable, and robust paint and coatings.

Recent Developments in the U.S. Paints and Coatings Market:

• In October 2024, PPG reached an agreement to sell its United States and Canadian architectural coatings business to American Industrial Partners for $550 million. The arrangement itself included brands such as Glidden and Liquid Nails and was presented shortly after PPG's strategic review. The sale is expected to close by late 2024 or early 2025.

U.S. Paints and Coatings Market Companies:

• The Sherwin-Williams Company
• PPG Industries, Inc.
• RPM International Inc.
• Benjamin Moore & Co.
• Masco Corporation
• Axalta Coating Systems
• 3M
• BASF SE
• AkzoNobel Coatings Inc.
• Sika AG

U.S. Paints and Coatings Market Segmentation:

By Resin

• Acrylic
• Alkyd
• Epoxy
• Polyester
• Polyurethane
• Vinyl
• Others

By Product Type

• Waterborne Coatings
• Sovent-borne Coatings
• Powder Coatings
• Wood Coatings
• Floor Coatings
• Others

By Application

• Architectural
• Industrial
  
  • Automotive
  • Aerospace
  • Construction/Infrastructure
  • Oil & Gas
  • Metal Manufacturing
  • Marine
  • Industrial Machinery
  • Others
• Others