In 2023, the architectural segment contributed around 46.2 billion U.S. dollars to the global paints and coatings industry. In comparison, the automotive segment contributed around 12.2 billion U.S. dollars to the industry. The contribution from both these segments is forecast to increase in the coming years.
Additional information on the global paints and coatings market can be found here.
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Market value of paints and coatings worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by end user
(in billion U.S. dollars)
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Extrapolate. (February 22, 2024). Market value of paints and coatings worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by end user (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 30, 2025, from https://www.statista.com/statistics/1454683/global-paints-and-coatings-industry-market-value-end-user/
Extrapolate. "Market value of paints and coatings worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by end user (in billion U.S. dollars)." Chart. February 22, 2024. Statista. Accessed June 30, 2025. https://www.statista.com/statistics/1454683/global-paints-and-coatings-industry-market-value-end-user/
Extrapolate. (2024). Market value of paints and coatings worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by end user (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 30, 2025. https://www.statista.com/statistics/1454683/global-paints-and-coatings-industry-market-value-end-user/
Extrapolate. "Market Value of Paints and Coatings Worldwide from 2021 to 2023 with a Forecast from 2024 to 2031, by End User (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Feb 2024, https://www.statista.com/statistics/1454683/global-paints-and-coatings-industry-market-value-end-user/
Extrapolate, Market value of paints and coatings worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by end user (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1454683/global-paints-and-coatings-industry-market-value-end-user/ (last visited June 30, 2025)
Market value of paints and coatings worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by end user (in billion U.S. dollars) [Graph], Extrapolate, February 22, 2024. [Online]. Available: https://www.statista.com/statistics/1454683/global-paints-and-coatings-industry-market-value-end-user/
