Residential Architectural Coating Market Size, Share, Industry, Forecast and outlook (2024-2031)

The global Residential Architectural Coating Market is segmented By Coating Type (Interior coatings, Exterior coating), By Resin Type (Epoxies, Polyvinylidene fluoride (PVDF), Alkyds, Fluoropolymer, Others), By Application Type (Brush, Roller, Spray), By Technology Type (Waterborne coating, Solvent-borne coating), By Substrate Type (Wood product, Metal, Wallboard, Plastic), By Sales Channel (Direct, Indirect), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Residential Architectural Coating Market Growth Summary 

[180 Pages Report] The Global Residential Architectural Coating Market is expected to grow at a CAGR of 5% during the forecasting period (2024-2031).This report analyses the Residential Architectural Coating Market Increasing global housing construction activities in emerging economies of Asia-Pacific and the United States are expected to boost market growth. Demand for Architectural coatings include sealers, paints, and specialty coatings for residential applications such as floors, roofs, decks, pavement, walkways, and others is on the rise. 

Residential Architectural Coating Market Scope and Summary

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• Architectural coatings include sealers, paints, and specialty coatings for residential applications such as floors, roofs, decks, pavement, walkways, and others.
• They are designed to provide a protective and decorative layer on an architectural feature's surface or fixture on interior and exterior surfaces.
• The residential architectural coatings market is expected to grow
• Most coatings are applied to surfaces using brushes, sprayers, rollers, and other applications. Powder particles or liquid film coatings are converted into stable film coatings through one of several film drying, curing, or forming processes: cross-linking, evaporation, coalescence, or fusion bonding.
• Architectural coatings are responsible for preventing corrosion and temperature resistance, increasing durability for end products and low fire-hazard risks properties are becoming an essential part of residential sectors.
• The substrates used to develop architectural coatings are wood products, masonry, bare plaster, metal, wallboard, and plastic.
• These products are majorly used for the development of organic coatings.
• According to the Paint Quality Institute, Water-based paints make up 80% of household paints. ASTM D5146-10 Standard is used for Testing Solvent-Borne Architectural Coatings and ASTM D5324-16 Standard Guide is for Testing Water-Borne Architectural Coatings these standards are used on the exterior, interior, or both types of surfaces.

Residential Architectural Coating Market Dynamics and Trends

Market Drivers

• Increasing global housing construction activities in emerging economies of Asia-Pacific and the United States are expected to boost market growth. This has been a significant driver for the global residential architectural coating market.
• The volatile organic compounds (VOC) released from solvent-borne coatings have increased the market for waterborne coating.
• The properties of the waterborne coating, like low odor, more durability, and block resistance, are leading to the water-borne coating as a preferable option. This has been a driver for the global residential architectural coating market.

Market Restraints

• The volatile organic compounds (VOC) are released from solvent-borne coatings. The evaporation of solvents can be uncomfortable for workers or even hazardous to their health which has been a significant restraint for the global residential architectural coating market. ASTM D3960-05 standard imposed on VOC that measures the volatile organic compound (VOC) content in solvent-borne and waterborne paints and related coatings as determined from the quantity of material released from a sample under specified bake conditions and subtracting exempt volatile compounds and water which has been a significant restraint for global residential architectural coating market.

Residential Architectural Coating Segmentation and Shares Analysis 

By Technology Type

• The technologies used for residential architectural coating are solvent-borne coatings and waterborne coating. The waterborne coating has the primary market as compared to solvent-borne coatings as solvent-borne coating release VOC which cause air pollution and is harmful to the environment and people.

By Resin Type

• The resin types are epoxies, polyvinylidene fluoride, alkyds, fluoropolymer, and others. Waterborne epoxy and acrylic resins are dominating the market compared to other resin-type as acrylic resins are resistant to chemical fumes, outdoor durability, and resistance to discoloration at high temperatures.