Architectural Coatings Market
ArchitecturalCoatingsMarket
In high growth regions demand for architectural coatings continues to grow, but in the
mature markets of North America and Western Europe difficult conditions remain.
by Tim Wright, Editor
The global coatings market is worth roughly $90 billion. The decorative segment is the largest single component representing a little more than $40 billion.
This segment represents about half of the industry’s total volume, but less of the value. The smaller percentage in value has to
do with the lower price of decorative coatings compared to the
higher priced segments such as automotive OEM and refinish
coatings and aerospace coatings, for example.
According to a new study by the consulting firm Kusumgar,
Nerlfi & Growney, in 2011 U.S. consumption of coatings is projected to be 1.4 million gallons, containing 7. 8 billion pounds of
solids, worth $23 billion.
Architectural coatings are the largest segment with some 3. 9
billion pounds of solids worth $9.1 billion in 2011.
However, difficult market conditions remain in both residen-
tial and nonresidential segments with a slow recovery antici-
pated. New house production remains at extremely depressed
levels and home sales have yet to recover to hoped for levels.
www.coatingsworld.com
January 2012
