Market Overview:
The global exterior wall paint market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to the increasing demand for paints from residential, industrial and commercial applications. In terms of type, silicone is expected to be the fastest growing segment during the forecast period owing to its properties such as durability, weather resistance and low maintenance. In terms of region, Asia Pacific is expected to be the fastest growing region during the forecast period owing to rising construction activities in countries such as China and India. Some of the key players operating in this market are Sherwin-Williams Company (U.S.), PPG Industries Inc.(U.S.), Akzo Nobel N V (Netherlands), BASF SE (Germany) and The Dow Chemical Company (U.S.).
Product Definition:
A type of paint that is used on the exterior walls of a building. Exterior wall paint is important because it protects the building from the weather and helps to keep it looking nice.
Silicone:
Silicone is a chemical, which is also known as silicon dioxide. It has a crystalline structure and can be found in the earth's crust. The main source of obtaining silicone is from mines and quartz. Silicon dioxide or silicone may be used for producing various products such as glass, rubber, paints & coatings and adhesives among others depending upon its application areas.
Epoxy:
Exterior wall paint is applied over the exterior surface of the building. The Exterior Surface Enclosure (ESE) or Exterior Wall is generally made of composite materials such as fiberglass, stucco, and cement-based products. The ESE acts as a barrier to sound waves and airborne pollutants that may enter into an occupied space via air conditioning vents or other means.
Application Insights:
The residential application segment accounted for the largest share of exceeding 60.0% in 2017. The rising number of single-family houses in countries, such as India and China on account of increasing income levels is expected to drive the demand for exterior wall paints over the forecast period. In addition, a rise in renovation activities across all major economies is likely to propel industry growth over the coming years.
Increasing investments by foreign players in emerging markets including China and India are expected to open new avenues for market expansion over the next seven years which will be followed by domestic companies investing abroad due to increased profitability coupled with low operational costs overseas compared to at home will boost product demand globally outside residential applications eventually driving it within these regions as well.
Industrial applications include manufacturing facilities.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing construction activities, coupled with growing demand from residential as well as industrial sectors. China led the Asia Pacific regional market due to rapid urbanization and rising disposable income of consumers and workers.
Europe emerged as the second-largest regional market in 2017, followed by North America owing to high acceptance levels for advanced color schemes across countries like U.K., Germany, Italy among others. Europe is projected to expand at a CAGR of XX% from 2018 to 2030 due primarily growth within Eastern European countries such as Russia which has been experiencing an economic upswing since 2014 after years of recession/depression caused by financial crisis (2008).
Growth Factors:
- Increasing demand from the construction sector: The global construction industry is expected to grow at a CAGR of 4.5% during the forecast period, owing to the increasing urbanization and infrastructure development across the world. This is expected to drive the demand for exterior wall paints, as they are used extensively in construction projects.
- Rising awareness about energy-efficient paints: With rising concerns about climate change and its impact on human health, there is an increasing focus on using energy-efficient products across various industries, including paint manufacturing. Exterior wall paints that are certified as being energy-efficient can help reduce greenhouse gas emissions and save money on energy bills.
- Growing popularity of color coating: In recent years, there has been a growing trend among homeowners towards using color coatings for exterior walls instead of traditional white or beige shades. This has led to an increase in demand for exterior wall paints with different colors and finishes options.
Scope Of The Report
Report Attributes
Report Details
Report Title
Exterior Wall Paint Market Research Report
By Type
Silicone, Epoxy, Acrylic, Polyurethane, Others
By Application
Residential, Industrial, Commercial
By Companies
PPG Industries, Sherwin-Williams, AkzoNobel, DAW SE, Axalta Coatings, Hempel, Sika, Nippon Paints, Kansai Paint, Tikkurila, Wacker Chemie, PermaRock, RPM International, Remmers, Teknos, Specialized Coating Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Exterior Wall Paint Market Report Segments:
The global Exterior Wall Paint market is segmented on the basis of:
Types
Silicone, Epoxy, Acrylic, Polyurethane, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Industrial, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PPG Industries
- Sherwin-Williams
- AkzoNobel
- DAW SE
- Axalta Coatings
- Hempel
- Sika
- Nippon Paints
- Kansai Paint
- Tikkurila
- Wacker Chemie
- PermaRock
- RPM International
- Remmers
- Teknos
- Specialized Coating Systems
Highlights of The Exterior Wall Paint Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Silicone
- Epoxy
- Acrylic
- Polyurethane
- Others
- By Application:
- Residential
- Industrial
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Exterior Wall Paint Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Exterior wall paint is a type of paint that is used to cover the exterior walls of a building. It is typically used to protect the walls from weathering and damage, and to give the building a uniform appearance.
Some of the major players in the exterior wall paint market are PPG Industries, Sherwin-Williams, AkzoNobel, DAW SE, Axalta Coatings, Hempel, Sika, Nippon Paints, Kansai Paint, Tikkurila, Wacker Chemie, PermaRock, RPM International, Remmers, Teknos, Specialized Coating Systems.
The exterior wall paint market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Exterior Wall Paint Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Exterior Wall Paint Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Exterior Wall Paint Market - Supply Chain
4.5. Global Exterior Wall Paint Market Forecast
4.5.1. Exterior Wall Paint Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Exterior Wall Paint Market Size (000 Units) and Y-o-Y Growth
4.5.3. Exterior Wall Paint Market Absolute $ Opportunity
5. Global Exterior Wall Paint Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Exterior Wall Paint Market Size and Volume Forecast by Type
5.3.1. Silicone
5.3.2. Epoxy
5.3.3. Acrylic
5.3.4. Polyurethane
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Exterior Wall Paint Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Exterior Wall Paint Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Industrial
6.3.3. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Exterior Wall Paint Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Exterior Wall Paint Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Exterior Wall Paint Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Exterior Wall Paint Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Exterior Wall Paint Demand Share Forecast, 2019-2026
9. North America Exterior Wall Paint Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Exterior Wall Paint Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Exterior Wall Paint Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Industrial
9.4.3. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Exterior Wall Paint Market Size and Volume Forecast by Type
9.7.1. Silicone
9.7.2. Epoxy
9.7.3. Acrylic
9.7.4. Polyurethane
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Exterior Wall Paint Demand Share Forecast, 2019-2026
10. Latin America Exterior Wall Paint Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Exterior Wall Paint Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Exterior Wall Paint Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Industrial
10.4.3. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Exterior Wall Paint Market Size and Volume Forecast by Type
10.7.1. Silicone
10.7.2. Epoxy
10.7.3. Acrylic
10.7.4. Polyurethane
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Exterior Wall Paint Demand Share Forecast, 2019-2026
11. Europe Exterior Wall Paint Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Exterior Wall Paint Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Exterior Wall Paint Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Industrial
11.4.3. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Exterior Wall Paint Market Size and Volume Forecast by Type
11.7.1. Silicone
11.7.2. Epoxy
11.7.3. Acrylic
11.7.4. Polyurethane
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-YGrowth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Exterior Wall Paint Demand Share, 2019-2026
12. Asia Pacific Exterior Wall Paint Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Exterior Wall Paint Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Exterior Wall Paint Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Industrial
12.4.3. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Exterior Wall Paint Market Size and Volume Forecast by Type
12.7.1. Silicone
12.7.2. Epoxy
12.7.3. Acrylic
12.7.4. Polyurethane
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Exterior Wall Paint Demand Share, 2019-2026
13. Middle East & Africa Exterior Wall Paint Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Exterior Wall Paint Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Exterior Wall Paint Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Industrial
13.4.3. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Exterior Wall Paint Market Size and Volume Forecast by Type
13.7.1. Silicone
13.7.2. Epoxy
13.7.3. Acrylic
13.7.4. Polyurethane
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Exterior Wall Paint Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Exterior Wall Paint Market: Market Share Analysis
14.2. Exterior Wall Paint Distributors and Customers
14.3. Exterior Wall Paint Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. PPG Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sherwin-Williams
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AkzoNobel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DAW SE
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Axalta Coatings
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hempel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sika
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nippon Paints
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kansai Paint
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tikkurila
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Wacker Chemie
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. PermaRock
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. RPM International
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Remmers
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Teknos
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Specialized Coating Systems
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
