Dublin, April 28, 2025 (GLOBE NEWSWIRE) -- The "Water Resistant Paint Market Report 2025"has been added to ResearchAndMarkets.com's offering.
This Water Resistant Paint market report provides a comprehensive analysis of the market's characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The water resistant paint market size has grown strongly in recent years. It will grow from $3.62 billion in 2024 to $3.84 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increased demand for long-lasting coatings, stringent environmental regulations, a shift from solvent-based to water-based formulations, an increase in disposable income, and innovation in raw materials.
The water resistant paint market size is expected to see strong growth in the next few years. It will grow to $4.82 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to rising demand for sustainable solutions, expansion of the automotive sector, growing demand from industrial applications, a focus on energy efficiency, and urban air quality concerns. Major trends in the forecast period include the expansion of the construction industry, rising awareness of waterproofing solutions, innovation in formulations, expansion of retail channels, and urbanization and infrastructure development.
The increasing demand within the automotive sector is poised to fuel the expansion of the water-resistant paint market in the foreseeable future. For example, as reported by the Driver and Vehicle Licensing Agency (DVLA) in December 2022, the UK witnessed a 1% increase in licensed vehicles, reaching a total of 40.7 million compared to the previous year. Hence, the growing demand within the automotive sector is propelling the expansion of the water-resistant paint market.
Key companies in the water-resistant paint market are prioritizing the development of waterproof coatings for roofs and walls, incorporating synthetic fibers such as elastomeric liquid waterproofing membranes to meet the escalating demand for advanced waterproofing solutions. For instance, in February 2023, Kamdhenu, an India-based provider of steel and paint products, introduced its new product, Kamo Damp Proof, designed to address waterproofing needs and shield buildings from water-related issues. This innovative solution helps prevent dampness, seepage, and other water-related problems, ensuring the structural longevity and durability of buildings. The aim is to provide superior waterproofing solutions to protect external surfaces from rain, algae, fungi, and other detrimental elements.
In January 2022, DuluxGroup Limited, an Australia-based provider of paints, coatings, and home improvement products, acquired Cromology, a France-based company specializing in decorative paints and coatings, including water-resistant paints. Through this acquisition, DuluxGroup Limited aims to expand its presence in the decorative paints and coatings market by leveraging Cromology's strong brands, manufacturing capabilities, and distribution network to drive continued growth.
North America was the largest region in the water resistant paint market in 2024. The regions covered in the water resistant paint market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the water resistant paint market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
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Report Scope
Markets Covered:
1) By Type: Acrylics; Polyurethane; Other Types
2) By Distribution Channels: Direct Sales; Hypermarkets or Supermarkets; Specialty Stores; Online Retailing; Other Distribution Channels
3) By Application: Interior Wall; Exterior Wall; Bathroom; Metal; Furniture; Roof; Other Applications
4) By End User: Commercial Construction; Industrial Facility; Other End Users
Subsegments:
1) By Acrylics: Water-Based Acrylic Paints; Solvent-Based Acrylic Paints
2) By Polyurethane: Water-Based Polyurethane Paints; Solvent-Based Polyurethane Paints
3) By Other Types: Epoxy Paints; Silicone-Based Paints; Alkyd Paints
Key Companies Profiled: BASF SE; Sherwin-Williams Company; PPG Industries Inc.; AkzoNobel NV; Nippon Paint Holdings Co Ltd.
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Key Attributes
Report Attribute | Details |
No. of Pages | 200 |
Forecast Period | 2025 - 2029 |
Estimated Market Value (USD) in 2025 | $3.84 Billion |
Forecasted Market Value (USD) by 2029 | $4.82 Billion |
Compound Annual Growth Rate | 5.8% |
Regions Covered | Global |
The companies featured in this Water Resistant Paint market report include:
- BASF SE
- Sherwin-Williams Company
- PPG Industries Inc.
- AkzoNobel N.V.
- Nippon Paint Holdings Co. Ltd.
- RPM International Inc.
- KCC Corporation
- Axalta Coating Systems Ltd.
- Valspar Corporation
- Asian Paints Limited
- Kansai Paint Co. Ltd.
- Shalimar Paints Limited
- Jotun group
- Hempel A/S
- Berger Paints India Limited
- DuluxGroup Limited
- Benjamin Moore & Co.
- DAW SE
- Rust-Oleum Corporation
- Chugoku Marine Paints Ltd.
- TOA Group
- Kelly-Moore Paints
- Diamond Vogel Paints
- Tnemec Company Inc.
- Dunn-Edwards Corporation
For more information about this report visit https://www.researchandmarkets.com/r/23pcf5
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