Please Wait.....
Report
Asia-Pacific Paints And Coatings - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-08-01 I 120 Pages I Mordor Intelligence
Asia-Pacific Paints And Coatings Market Analysis
The Asia-Pacific Paints and Coatings Market size is estimated at USD 81.22 billion in 2025, and is expected to reach USD 103.86 billion by 2030, at a CAGR of 5.04% during the forecast period (2025-2030). Tightening environmental regulations, accelerating urbanization, and the rapid scale-up of automotive and industrial production underpin sustained demand, while the shift to water-borne platforms positions technology leaders for margin resilience. China retained dominance with a 56.42% share in 2024, yet India is setting the growth pace through 2030 as infrastructure outlays and housing upgrades gain momentum. Raw-material volatility, especially in titanium-dioxide pricing, keeps margin management in sharp focus, and strategy realignments, such as divestitures by BASF and AkzoNobel, signal that scale, portfolio balance, and regional depth will define competitive advantage. Digitalized color tools, faster repaint cycles in premium urban housing, and policy-backed "green ship" retrofits add incremental layers of demand that distinguish the Asia-Pacific paints and coatings market from more mature chemical value chains.
Asia-Pacific Paints And Coatings Market Trends and Insights
Construction Boom in Emerging ASEAN Cities
Surging construction activity in Indonesia, Thailand, Vietnam, Malaysia, and the Philippines continues to lift architectural and protective coating volumes. Indonesia is on track to become the world's third-largest construction market by 2025, contributing 9% to national GDP while growing 13% year-on-year. Large transport corridors, industrial estates, and affordable-housing programs multiply coating touchpoints across concrete, steel, and wood substrates. International contractors typically specify low-VOC paints that align with green-building certifications, further tilting demand toward water-borne chemistry. Foreign direct investment in automotive and electronics clusters is also pushing orders for high-performance OEM, floor, and machinery coatings. Continued inflows hinge on macroeconomic stability and geopolitical calm, but near-term backlogs keep the Asia-Pacific paints and coatings market well supplied with construction-linked volume upside.
Re-painting Cycle Compression in Tier-1 Chinese Housing
China's mature property markets are experiencing shorter repaint intervals as owners prioritize aesthetic upgrades and asset preservation. Nippon Paint reported growth in Tier-1 and Tier-2 cities where repaint cycles have narrowed from 5-7 years to 3-5 years. Premium brands able to guarantee color retention for extended periods are exploiting the trend to trade customers up to higher-margin SKUs. Structural deceleration in new housing starts has redirected disposable incomes toward renovation outlays, raising value per dwelling even as unit completions soften. Demand is concentrated in interior finishes, water-borne primers and odor-free top-coats that meet GB/T 33372-2020 emission limits. Sustained momentum will depend on household income growth and sentiment in the broader real-estate market, yet the near-term uplift is already material for the Asia-Pacific paints and coatings market.
Tightening VOC and Formaldehyde Caps
China's GB/T 33372-2020 standard lowered permissible VOC thresholds for architectural coatings to 120 g/L, and provincial enforcement campaigns have intensified audit frequency. Smaller manufacturers lacking research and development and water-borne dispersion infrastructure face reformulation expenses and risk supply-chain disruptions if compliance deadlines lapse. Similar directives are taking shape in Vietnam and Malaysia, pushing cross-border suppliers to harmonize product lines, stock separate SKUs or exit low-margin solvent categories. While the long-term net effect channels demand into higher-value water-borne offerings, near-term capacity rationalization and transition costs suppress overall output, trimming Asia-Pacific paints and coatings market momentum.
Other drivers and restraints analyzed in the detailed report include:
OEM Shift to Water-borne Auto Topcoats / Mandated Cool-Roof Coatings in India's Smart-City Program / Skills Deficit of Certified Industrial Coaters in Indonesia and Vietnam /
For complete list of drivers and restraints, kindly check the Table Of Contents.
Segment Analysis
Water-borne formulations captured 57.05% of the Asia-Pacific paints and coatings market share in 2024 and are projected to record a 5.71% CAGR through 2030. Shanghai's 2018 exterior-wall solvent ban crystallized a wider policy wave across Guangdong, Beijing, and coastal industrial parks, steering builders toward low-VOC and low-odor alternatives. The Asia-Pacific paints and coatings market has therefore shifted from incremental adoption to systemic replacement, helped by new acrylic emulsions that deliver block resistance, early-water resistance, and rapid re-coat times comparable with solvent-borne alkyds. Automotive OEMs have validated water-borne base-coat clear-coat stacks that withstand humidity swings common to Southeast Asia, erasing previous quality concerns.
Powder, UV-curable, and high-solids systems together account for a smaller but fast-growing slice of the Asia-Pacific paints and coatings industry, particularly in metal furniture, appliances, and 3C electronics. Powder's zero-VOC credentials, plus reclamation efficiencies above 95%, appeal to ESG-driven procurement policies in Singapore and Australia. However, capital costs for ovens and pre-treatment lines limit penetration in cash-constrained SME clusters.
The Asia-Pacific Paints and Coatings Market Report is Segmented by Technology (Water-Borne, Solvent-Borne, Powder Coating, and Other Technologies), Resin Type (Acrylic, Alkyd, Polyurethane, and More), End-User Industry (Architectural/Decorative, Automotive, Wood, and More), and Geography (China, India, Japan, South Korea, Australia and New Zealand, Indonesia, and More). The Market Forecasts are Provided in Terms of Value (USD).
List of Companies Covered in this Report:
3TREESGROUP / Akzo Nobel N.V. / Asian Paints / Avian Brands / Axalta Coating Systems, LLC / BASF / Berger Paints India / Boysen Paints / Chokwang Paint / Davies Paints Philippines Inc. / DuluxGroup Ltd / Hempel A/S / Jotun / Kansai Paint Co., Ltd / Nippon Paint Holdings Co., Ltd / PPG Industries Inc. / Propanraya / The Sherwin-Williams Company /
Additional Benefits:
The market estimate (ME) sheet in Excel format /
3 months of analyst support /
1 Introduction
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 Research Methodology
3 Executive Summary
4 Market Landscape
4.1 Market Overview
4.2 Market Drivers
4.2.1 Construction Boom in Emerging ASEAN Cities
4.2.2 Re-Painting Cycle Compression in Tier-1 Chinese Housing
4.2.3 OEM Shift to Water-Borne Auto Topcoats
4.2.4 Government "Green Ship" Retro-Fit Subsidies (Korea, Japan)
4.2.5 Mandated Cool-Roof Coatings in India's Smart-City Program
4.3 Market Restraints
4.3.1 Tightening VOC and Formaldehyde Caps (China GB/T 33372-2020, Etc.)
4.3.2 Titanium-Dioxide Price Volatility
4.3.3 Skills Deficit of Certified Industrial Coaters in Indonesia and Vietnam
4.4 Value Chain Analysis
4.5 Porter's Five Forces
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Degree of Competition
5 Market Size and Growth Forecasts (Value)
5.1 By Technology
5.1.1 Water-Borne
5.1.2 Solvent-Borne
5.1.3 Powder Coating
5.1.4 Other Technologies (UV/ EB, High-Solids, etc.)
5.2 By Resin Type
5.2.1 Acrylic
5.2.2 Alkyd
5.2.3 Polyurethane
5.2.4 Epoxy
5.2.5 Polyester
5.2.6 Others (Phenolic, Ketonic, etc.)
5.3 By End-user Industry
5.3.1 Architectural/ Decorative
5.3.2 Automotive
5.3.3 Wood
5.3.4 Protective Coatings
5.3.5 General Industrial
5.3.6 Transportation
5.3.7 Packaging
5.4 By Geography
5.4.1 China
5.4.2 India
5.4.3 Japan
5.4.4 South Korea
5.4.5 Australia and New Zealand
5.4.6 Indonesia
5.4.7 Thailand
5.4.8 Malaysia
5.4.9 Vietnam
5.4.10 Philippines
5.4.11 Singapore
5.4.12 Rest of Asia-Pacific
6 Competitive Landscape
6.1 Market Concentration
6.2 Strategic Moves
6.3 Market Share (%)/Ranking Analysis
6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
6.4.1 3TREESGROUP
6.4.2 Akzo Nobel N.V.
6.4.3 Asian Paints
6.4.4 Avian Brands
6.4.5 Axalta Coating Systems, LLC
6.4.6 BASF
6.4.7 Berger Paints India
6.4.8 Boysen Paints
6.4.9 Chokwang Paint
6.4.10 Davies Paints Philippines Inc.
6.4.11 DuluxGroup Ltd
6.4.12 Hempel A/S
6.4.13 Jotun
6.4.14 Kansai Paint Co., Ltd
6.4.15 Nippon Paint Holdings Co., Ltd
6.4.16 PPG Industries Inc.
6.4.17 Propanraya
6.4.18 The Sherwin-Williams Company
7 Market Opportunities and Future Outlook
7.1 White-space and Unmet-need Assessment
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security