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The architectural segment is the fastest-growing in of the overall paints and coatings market.
January 26, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
MarketsandMarkets’ report, “Paints & Coatings Market by Resin (Acrylic, Alkyd, Epoxy, PU, Vinyl, Fluoropolymer, Polyester), Technology (Waterborne, Solventborne, Powder), Application (Architectural (Residential, Non-residential), Industrial), and Region – Global Forecast to 2026,” projects that the paints and coatings market size will reach $212 billion by 2026. The market size for paints and coatings is projected to grow from $184 billion in 2021 to $212 billion in 2026, at a CAGR of 2.9%. Architectural end-use industry is the fastest-growing segment of the overall paints and coatings market. Architectural paints & coatings, also known as decorative paints & coatings or building paints, is the fastest-growing segment of the overall Paints & Coatings market. Architectural coatings also find use in decorative interiors such as furniture, wood flooring, wall paintings, and sculptures.
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