According to our (Global Info Research) latest study, the global Building Latex Paint market size was valued at US$ 17620 million in 2024 and is forecast to a readjusted size of USD 24390 million by 2031 with a CAGR of 4.8% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Latex Paint is a kind of water-based paint, which is prepared with synthetic resin lotion as the base material, pigments, fillers and various additives. It is also called synthetic resin lotion paint, which is a kind of organic paint. Any coating that uses water as a solvent or dispersion medium can be called water-based coating, including water-soluble coating, water diluted coating, and water dispersible coating (latex coating). Latex paint refers to a liquid material that can be applied to the surface of an object through a specific construction process. After drying and curing, it forms a strong and continuous solid coating with a certain strength, which has protective, decorative or other special functions for the coated object.
There are eight key factors that affect the development of the paint industry market: the overall sluggish global real estate market, weak manufacturing industry, persistent inflation, and financing difficulties; The increase in disposable income in developing countries has significantly driven the demand for high-end products in the short term, while the growth rate of demand for ordinary products is slow; Environmental and safety standards and regulations are becoming increasingly stringent; Paint products have been replaced by new materials in downstream areas, such as decorative panels in the field of building decoration and film materials in the industrial specialty field; Market segmentation is gradually becoming clear, and integration is accelerating. Global coating companies continue to integrate, and large coating companies have rapidly promoted mergers and acquisitions in recent years, gradually completing the layout of the global industrial chain; Consumers' awareness of product safety is rapidly increasing, and their demand for environmental and safety features is growing rapidly; The rapid development of intelligent manufacturing. The shortage of labor and rapid increase in labor costs are driving the application of intelligent manufacturing technologies such as automation and robotics, accelerating the development of industrial intelligence; The construction of supply chain security and the improvement of inventory management level effectively reduce logistics and bulk futures costs. The complex and ever-changing international situation brings hidden dangers to supply chain security, which should be taken seriously. The increase in global paint industry revenue in 2023 is mainly due to price increases, but the sales growth rate is slow. In 2023, the global demand for coatings is expected to be around 47 billion liters, with a market size of approximately 197 billion US dollars. It is projected to grow to 53 billion liters by 2027, with a compound annual growth rate of 3.1%. The market size is estimated to be around 247 billion US dollars, with a compound annual growth rate of 5.8%. The market is mainly concentrated in the Asia Pacific region, with growth rates much higher than other regions. The GDP growth of emerging countries is driving the per capita consumption growth of coatings. The Asia Pacific region has over 55% of the world's population, but only accounts for 32% of global GDP. The per capita demand for coatings will rapidly increase with the growth of regional GDP, and the potential for growth in the coatings market is enormous. Architectural decorative coatings account for over 40% of the global coatings market, approximately 25 billion liters, or a scale of 80 billion US dollars. It is predicted that by 2027, it will reach approximately 28 billion liters, with a production value scale of approximately 99 billion US dollars. The compound annual growth rates of production value and output are expected to be 2.9% and 5.2%, respectively; The global market production of original factory coatings in 2023 is 18 billion liters, with a scale of 81 billion US dollars. It is predicted that the global market production in 2027 will be 20 billion liters, with a compound annual growth rate of 4.7% for production and an expected scale of 100 billion US dollars. The compound annual growth rate for output value is 5.9%; The market size of special and protective coatings is expected to be 4.3 billion liters and 36 billion US dollars in 2023, and it is predicted that the market size will be 4.9 billion liters and 46 billion US dollars in 2027, with a compound annual growth rate of 5.6%.
This report is a detailed and comprehensive analysis for global Building Latex Paint market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Building Latex Paint market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Building Latex Paint market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Building Latex Paint market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Building Latex Paint market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Building Latex Paint
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Building Latex Paint market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include PPG Industries, Cloverdale Paint Inc, AkzoNobel, Alpina, Hempel, Kansai, 3M, Nippon Paints, VALSPAR, Jotun, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Building Latex Paint market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Interior Wall Latex Paint
Exterior Latex Paint
Market segment by Application
Residential Building
Commercial Building
Major players covered
PPG Industries
Cloverdale Paint Inc
AkzoNobel
Alpina
Hempel
Kansai
3M
Nippon Paints
VALSPAR
Jotun
Sherwin-Williams
DuPont
Rust-OLEUW9100
Asia Cuanon
3TREES
Nichiyo
Quandian
HENAN WUYI CHEMISTRY INDUS
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Building Latex Paint product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Building Latex Paint, with price, sales quantity, revenue, and global market share of Building Latex Paint from 2020 to 2025.
Chapter 3, the Building Latex Paint competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Building Latex Paint breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Building Latex Paint market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Building Latex Paint.
Chapter 14 and 15, to describe Building Latex Paint sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Building Latex Paint. Industry analysis & Market Report on Building Latex Paint is a syndicated market report, published as Global Building Latex Paint Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Building Latex Paint market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.