GITNUXREPORT 2025

Paint Industry Statistics

Global paint market valued at USD 175 billion in 2022.

Jannik Linder

Co-Founder of Gitnux, specialized in content and tech since 2016.

First published: April 29, 2025

Our Commitment to Accuracy

Rigorous fact-checking • Reputable sources • Regular updatesLearn more

Statistic 1

Green and sustainable coatings are gaining 7.3% annually in market share

Statistic 2

The rising trend of industrial automation is fueling the demand for specialty coatings in manufacturing sectors

Statistic 3

The global paint and coatings market was valued at approximately USD 175 billion in 2022

Statistic 4

The decorative paints segment is projected to hold nearly 70% of the total market share by 2025

Statistic 5

The architectural coatings segment is expected to grow at a CAGR of 4.2% from 2023 to 2030

Statistic 6

Waterborne paints represented around 65% of the global paint market in 2022

Statistic 7

The automotive coatings segment is projected to reach USD 23 billion by 2025

Statistic 8

The demand for eco-friendly and low-VOC paints is increasing at a CAGR of about 5.7% globally

Statistic 9

The industrial coatings segment is anticipated to grow at a CAGR of 4.5% from 2023 to 2030

Statistic 10

The global demand for anti-corrosion paints is expected to reach USD 9 billion by 2024

Statistic 11

The global powder coatings market size was valued at USD 10.5 billion in 2021 and is expected to grow at a CAGR of 5.2% through 2028

Statistic 12

The use of nanocoatings is expected to grow at a CAGR of 14.6% during 2022-2028

Statistic 13

The global architectural paints and coatings market is projected to reach USD 96 billion by 2025

Statistic 14

The decorative paints segment held over 55% of the total global market share in 2022

Statistic 15

Europe’s paint market was valued at approximately USD 30 billion in 2022

Statistic 16

The demand for heat-resistant and high-temperature coatings is increasing by 3.8% annually

Statistic 17

The global market for protective coatings for industrial uses is projected to reach USD 21 billion by 2024

Statistic 18

The DIY segment is expected to grow at a CAGR of 6.2% through 2025, due to increased home renovation activities

Statistic 19

The demand for odorless and low-odor paints is rising at a rate of approximately 4% annually

Statistic 20

The use of bio-based and biodegradable coatings is expected to increase by 8.7% CAGR through 2026

Statistic 21

The global market for coatings used in the food packaging industry is projected to reach USD 1.8 billion by 2027

Statistic 22

The market for automotive refinish coatings is projected to grow at a CAGR of 4.1% from 2023 to 2030

Statistic 23

The demand for antimicrobial coatings is increasing in healthcare and food processing sectors, with a CAGR of 9.8% projected during 2022-2029

Statistic 24

The global powder coatings market is expected to reach USD 13.2 billion by 2027

Statistic 25

The global trade of paints and coatings is valued at approximately USD 35 billion annually

Statistic 26

India’s paints market size was valued at around USD 3.02 billion in 2022, with a CAGR of approximately 6.5% projected through 2027

Statistic 27

The demand for textured and specialty paints is growing at a CAGR of 4.9%, driven by urbanization and interior decors

Statistic 28

The global UV-curable coatings market was valued at USD 3.4 billion in 2020 and is projected to grow at a CAGR of 9.1% through 2028

Statistic 29

The growth of the commercial real estate sector is increasing the demand for architectural paints in urban centers worldwide

Statistic 30

The demand for fire-resistant coatings is expected to increase annually by approximately 3.2%, especially in high-rise construction

Statistic 31

The rising demand for luxury and premium paints in developed countries is boosting the high-end segment of the industry

Statistic 32

The bio-based coatings market share is expected to grow from 12% in 2021 to over 21% by 2030

Statistic 33

The globally increasing construction activities in Africa are expected to drive the local paint industry growth at a CAGR of 5.6% through 2027

Statistic 34

The automotive OEM coatings segment accounted for about 35% of the total paint market share in 2022

Statistic 35

The global demand for environmentally friendly paints and coatings will grow at a CAGR of 8.5% from 2023 to 2030

Statistic 36

The Asia-Pacific region accounts for over 50% of the global paint and coatings market share

Statistic 37

North America accounted for approximately 20% of the global paint market share in 2022

Statistic 38

China is the largest producer of paints and coatings, accounting for nearly 30% of the global production in 2022

Statistic 39

Asia-Pacific accounts for over 60% of the global construction output, which significantly influences the paint industry

Statistic 40

The Asia-Pacific region is projected to witness the highest CAGR of 4.8% in the global paint and coatings market between 2023 and 2030

Slide 1 of 40

Sources

Our Reports have been cited by:

Trust Badges - Publications that have cited our reports

Key Highlights

The global paint and coatings market was valued at approximately USD 175 billion in 2022
The Asia-Pacific region accounts for over 50% of the global paint and coatings market share
The decorative paints segment is projected to hold nearly 70% of the total market share by 2025
The architectural coatings segment is expected to grow at a CAGR of 4.2% from 2023 to 2030
Waterborne paints represented around 65% of the global paint market in 2022
The automotive coatings segment is projected to reach USD 23 billion by 2025
North America accounted for approximately 20% of the global paint market share in 2022
The demand for eco-friendly and low-VOC paints is increasing at a CAGR of about 5.7% globally
The industrial coatings segment is anticipated to grow at a CAGR of 4.5% from 2023 to 2030
China is the largest producer of paints and coatings, accounting for nearly 30% of the global production in 2022
The global demand for anti-corrosion paints is expected to reach USD 9 billion by 2024
The rising trend of industrial automation is fueling the demand for specialty coatings in manufacturing sectors
The global powder coatings market size was valued at USD 10.5 billion in 2021 and is expected to grow at a CAGR of 5.2% through 2028

The vibrant and ever-evolving global paint industry, valued at approximately USD 175 billion in 2022, is witnessing unprecedented growth driven by rapid urbanization, technological innovations like nanocoatings, and a surging demand for eco-friendly and specialty paints across Asia-Pacific, North America, and Europe.

Innovation and Sustainability Trends

Green and sustainable coatings are gaining 7.3% annually in market share

Innovation and Sustainability Trends Interpretation

As green and sustainable coatings chip away at traditional options with a steady 7.3% annual growth, the industry’s paintbrush is clearly shifting toward a more environmentally friendly palette.

Market Segments and Applications

The rising trend of industrial automation is fueling the demand for specialty coatings in manufacturing sectors

Market Segments and Applications Interpretation

As factories embrace automation's precision and speed, the booming demand for specialty coatings signals that even in a high-tech world, a little extra shine and protection always have a part to play.

Market Size and Growth Projections

The global paint and coatings market was valued at approximately USD 175 billion in 2022
The decorative paints segment is projected to hold nearly 70% of the total market share by 2025
The architectural coatings segment is expected to grow at a CAGR of 4.2% from 2023 to 2030
Waterborne paints represented around 65% of the global paint market in 2022
The automotive coatings segment is projected to reach USD 23 billion by 2025
The demand for eco-friendly and low-VOC paints is increasing at a CAGR of about 5.7% globally
The industrial coatings segment is anticipated to grow at a CAGR of 4.5% from 2023 to 2030
The global demand for anti-corrosion paints is expected to reach USD 9 billion by 2024
The global powder coatings market size was valued at USD 10.5 billion in 2021 and is expected to grow at a CAGR of 5.2% through 2028
The use of nanocoatings is expected to grow at a CAGR of 14.6% during 2022-2028
The global architectural paints and coatings market is projected to reach USD 96 billion by 2025
The decorative paints segment held over 55% of the total global market share in 2022
Europe’s paint market was valued at approximately USD 30 billion in 2022
The demand for heat-resistant and high-temperature coatings is increasing by 3.8% annually
The global market for protective coatings for industrial uses is projected to reach USD 21 billion by 2024
The DIY segment is expected to grow at a CAGR of 6.2% through 2025, due to increased home renovation activities
The demand for odorless and low-odor paints is rising at a rate of approximately 4% annually
The use of bio-based and biodegradable coatings is expected to increase by 8.7% CAGR through 2026
The global market for coatings used in the food packaging industry is projected to reach USD 1.8 billion by 2027
The market for automotive refinish coatings is projected to grow at a CAGR of 4.1% from 2023 to 2030
The demand for antimicrobial coatings is increasing in healthcare and food processing sectors, with a CAGR of 9.8% projected during 2022-2029
The global powder coatings market is expected to reach USD 13.2 billion by 2027
The global trade of paints and coatings is valued at approximately USD 35 billion annually
India’s paints market size was valued at around USD 3.02 billion in 2022, with a CAGR of approximately 6.5% projected through 2027
The demand for textured and specialty paints is growing at a CAGR of 4.9%, driven by urbanization and interior decors
The global UV-curable coatings market was valued at USD 3.4 billion in 2020 and is projected to grow at a CAGR of 9.1% through 2028
The growth of the commercial real estate sector is increasing the demand for architectural paints in urban centers worldwide
The demand for fire-resistant coatings is expected to increase annually by approximately 3.2%, especially in high-rise construction
The rising demand for luxury and premium paints in developed countries is boosting the high-end segment of the industry
The bio-based coatings market share is expected to grow from 12% in 2021 to over 21% by 2030
The globally increasing construction activities in Africa are expected to drive the local paint industry growth at a CAGR of 5.6% through 2027
The automotive OEM coatings segment accounted for about 35% of the total paint market share in 2022
The global demand for environmentally friendly paints and coatings will grow at a CAGR of 8.5% from 2023 to 2030

Market Size and Growth Projections Interpretation

With the paint industry valued at a staggering USD 175 billion and a growing penchant for eco-friendly, high-tech, and high-end coatings, it’s clear that whether for decorative, industrial, or automotive purposes, the world is busy coloring itself greener, smarter, and more stylish—one brushstroke at a time.

Regional Market Insights

The Asia-Pacific region accounts for over 50% of the global paint and coatings market share
North America accounted for approximately 20% of the global paint market share in 2022
China is the largest producer of paints and coatings, accounting for nearly 30% of the global production in 2022
Asia-Pacific accounts for over 60% of the global construction output, which significantly influences the paint industry
The Asia-Pacific region is projected to witness the highest CAGR of 4.8% in the global paint and coatings market between 2023 and 2030

Regional Market Insights Interpretation

With Asia-Pacific wielding over half the global paint market—driven by booming construction and China’s dominance—it's clear that the world's palette is increasingly being painted across the East, while North America holds its steady 20%, emphasizing a dynamic shift in the global color of industry influence.