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U.S. Paint And Coating Market. Analysis And Forecast to 2030
Report Update: Jun 1, 2025

U.S. Paint And Coating Market. Analysis And Forecast to 2030

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Mar 5, 2021

Single-Family Construction Boom to Support the American Paint and Coating Market

The U.S. paint and coating market was seriously hurt by the pandemic, with the drop in demand observed for all types of paints. From the second half of 2020, growing suburban construction promotes a revival of the industry. China currently features as a key export market. However, India's government-driven residential construction plan could make the country an attractive destination for American exporters.

Suburban Construction Supports the U.S. Paint and Coatings Market While the Industrial Sector Languishes

According to a new report published by IndexBox, the U.S. paint and coatings market is estimated at approx. $22.2B. As a result of the pandemic and subsequent plunge in downstream industries' output, the market declined by 18% compared to the previous year. A drop in demand was recorded for the major consuming industries: automotive, renovation and construction, oil and gas, and shipbuilding.

Architectural coatings account for about 60% of the total production. The demand for this product reduced by 15% due to a decrease in construction in the first half of 2020. The industrial OEM coatings segment holds a 28% share of the paints and coatings market. During the pandemic, the consumption of industrial coatings decreased by 9.5%.

The current surge of U.S. housing construction is expected to become the main driver of the architectural coatings market. After the pandemic started, the demand for new housing increased significantly under low mortgage rates. More people seek places to isolate themselves, while rising unemployment forces people to relocate to suburbs with affordable housing prices.

Should the pandemic wane in 2021, another incentive for pain and coating consumption is expected to come from the planned renewal of the U.S. airliner fleet and the space industry's growth. Although the U.S. aerospace industry has been significantly affected by the COVID-19 lockdowns, the defense sector is expected to remain stable and to feature a slow growth in 2021-2027.

With New Residential Construction Plan, India the May Emerge as Attractive Export Destination

In 2019, U.S. overseas shipments of paints and coatings amounted to $2.9B (IndexBox estimates). Canada ($1.2B), Mexico ($707M), and China ($125M) appeared to be the largest export markets for American suppliers, together comprising 69% of total exports.

Over the medium term, the Asia-Pacific is expected to feature the largest increase in construction activity, especially in China and India. Their governments are planning to invest additional funds in housing construction. In particular, India launched the "Housing for All by 2022" program, with investments of about $1.3 trillion. Although India doesn't currently feature as a top export destination for paints and coatings from the U.S., the planned surge in construction appears to be a powerful growth driver.

The average paint and coating export price stood at $3,188 per ton in 2019. Prices varied noticeably by the country of destination; the country with the highest price was China ($4,864 per ton), while the average price for exports to Mexico ($2,035 per ton) was amongst the lowest. From 2013 to 2019, the most notable growth rate in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the paint and coating market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • NAICS 325510 - Paint and coating manufacturing

Companies mentioned:

  • PPG Industries
  • Behr Process Corporation
  • The Valspar Corporation
  • Benjamin Moore & Co.
  • Stoncor Group
  • Dunn-Edwards Corporation
  • Kelly-Moore Paint Company
  • RPM International Inc.
  • Carboline Company
  • Ennis Paint
  • Axalta Coating Systems Ltd.
  • W.M. Barr & Company
  • Vogel Paint
  • PPG Industries Ohio
  • RPM Wood Finishes Group
  • Akzo Nobel Coatings
  • Comex North America
  • Axalta Coating Systems
  • Diamond-Vogel Paint Company
  • Behr Paint Corp.
  • Republic Powdered Metals Inc
  • ICI American Holdings
  • Spectra-Tone Paint Corporation
  • PPG Architectural Finishes
  • Quest Specialty Chemicals

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, By Product
    11. Average Per Capita Consumption, By Product
    12. Exports and Growth, By Product
    13. Export Prices and Growth, By Product
    14. Production Volume and Growth
    15. Exports and Growth
    16. Export Prices and Growth
    17. Market Size and Growth
    18. Per Capita Consumption
    19. Imports and Growth
    20. Import Prices
    21. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country, 2012–2024
    29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country, 2012–2024

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