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.
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)
Adjust the presentation of the statistic and data points.
Share the statistic on social media channels or embed the statistic in your
website using "Embed Code", where available.
Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook.
Print the statistic including description and metadata.
Chart type
Market value of paints and coatings worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by end user
Share this statistic
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Learn more about how Statista can support your business.
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 March 16, 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 March 16, 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: March 16, 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 March 16, 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/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
