The global latex paints market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for interior latex paint and universal latex paint in construction applications, as well as antifouling and antibacterial paints in transportation and industrial applications. The global interior latex paint market is expected to grow at a CAGR of 4.6% during the forecast period, to reach USD 1.4 billion by 2030. The growth of this market is driven by the increasing demand for interior latex paint in construction applications due to its low cost and ease of application on surfaces such as wood, metal, concrete or plasterboard walls; it also provides good coverage with minimal wastage due to its water-based formulation that dries quickly without leaving any residue behind on surfaces such as glass or plastic windows or doors; it has excellent adhesion properties that provide protection against moisture penetration into building structures; it can be applied over existing coatings without damaging them; and it has high durability with good resistance against abrasion from dirt particles which makes it suitable for use in areas where there are high levels of foot traffic such as corridors or staircases within buildings. The global universal latex paint market is expected to grow at a CAGR of 5% during the forecast period, reaching USD 1 billion by 2030.
Some Of The Growth Factors Of This Market:
- The global Latex Paints market is driven by factors such as increasing demand for paints in emerging economies and growing construction industry in developing countries, which are driving the growth of the market.
- Increasing demand for paints from emerging economies such as China and India is also driving the growth of this market globally.
- Increasing population and rising disposable income levels are also driving the growth of this market globally.
- Growing construction industry in developing countries such as India, China, Brazil, Indonesia and Mexico is also driving the growth of this market.
Industry Growth Insights published a new data on “Latex Paints Market”. The research report is titled “Latex Paints Market research by Types (Interior Latex Paint, Universal Latex Paint, Anti-Fouling Latex Paint, Antibacterial Latex Paint), By Applications (Construction, Transportation, Industrial, Others), By Players/Companies PPG Industries, AkzoNobel N.V, Arkema SA, Asian Paints Limited, BASF SE, The Sherwin-Williams, Benjamin Moore & Co, RPM International, Berger Paints India Limited, DuPont Inc., Masco Corporation, Nippon Paint, Tikkurila”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Latex Paints Market Research Report
By Type
Interior Latex Paint, Universal Latex Paint, Anti-Fouling Latex Paint, Antibacterial Latex Paint
By Application
Construction, Transportation, Industrial, Others
By Companies
PPG Industries, AkzoNobel N.V, Arkema SA, Asian Paints Limited, BASF SE, The Sherwin-Williams, Benjamin Moore & Co, RPM International, Berger Paints India Limited, DuPont Inc., Masco Corporation, Nippon Paint, Tikkurila
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Latex Paints Market Report Segments:
The global Latex Paints market is segmented on the basis of:
Types
Interior Latex Paint, Universal Latex Paint, Anti-Fouling Latex Paint, Antibacterial Latex Paint
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
Construction, Transportation, Industrial, Others
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
- AkzoNobel N.V
- Arkema SA
- Asian Paints Limited
- BASF SE
- The Sherwin-Williams
- Benjamin Moore & Co
- RPM International
- Berger Paints India Limited
- DuPont Inc.
- Masco Corporation
- Nippon Paint
- Tikkurila
Highlights of The Latex Paints 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:
- Interior Latex Paint
- Universal Latex Paint
- Anti-Fouling Latex Paint
- Antibacterial Latex Paint
- By Application:
- Construction
- Transportation
- Industrial
- Others
- 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 Latex Paints 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Latex paints are a type of paint that is made from the sap of the rubber tree. Latex paints are often used to create a variety of different effects, including being able to create images that are both durable and waterproof.
Some of the major companies in the latex paints market are PPG Industries, AkzoNobel N.V, Arkema SA, Asian Paints Limited, BASF SE, The Sherwin-Williams, Benjamin Moore & Co, RPM International, Berger Paints India Limited, DuPont Inc., Masco Corporation, Nippon Paint, Tikkurila.
The latex paints market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Latex Paints 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. Latex Paints Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Latex Paints Market - Supply Chain
4.5. Global Latex Paints Market Forecast
4.5.1. Latex Paints Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Latex Paints Market Size (000 Units) and Y-o-Y Growth
4.5.3. Latex Paints Market Absolute $ Opportunity
5. Global Latex Paints 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. Latex Paints Market Size and Volume Forecast by Type
5.3.1. Interior Latex Paint
5.3.2. Universal Latex Paint
5.3.3. Anti-Fouling Latex Paint
5.3.4. Antibacterial Latex Paint
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Latex Paints 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. Latex Paints Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Transportation
6.3.3. Industrial
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Latex Paints 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. Latex Paints 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 Latex Paints 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. Latex Paints 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 Latex Paints Demand Share Forecast, 2019-2026
9. North America Latex Paints 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 Latex Paints 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 Latex Paints Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Transportation
9.4.3. Industrial
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Latex Paints Market Size and Volume Forecast by Type
9.7.1. Interior Latex Paint
9.7.2. Universal Latex Paint
9.7.3. Anti-Fouling Latex Paint
9.7.4. Antibacterial Latex Paint
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 Latex Paints Demand Share Forecast, 2019-2026
10. Latin America Latex Paints 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 Latex Paints 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 Latex Paints Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Transportation
10.4.3. Industrial
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Latex Paints Market Size and Volume Forecast by Type
10.7.1. Interior Latex Paint
10.7.2. Universal Latex Paint
10.7.3. Anti-Fouling Latex Paint
10.7.4. Antibacterial Latex Paint
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 Latex Paints Demand Share Forecast, 2019-2026
11. Europe Latex Paints 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 Latex Paints 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 Latex Paints Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Transportation
11.4.3. Industrial
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Latex Paints Market Size and Volume Forecast by Type
11.7.1. Interior Latex Paint
11.7.2. Universal Latex Paint
11.7.3. Anti-Fouling Latex Paint
11.7.4. Antibacterial Latex Paint
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projecions 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 Latex Paints Demand Share, 2019-2026
12. Asia Pacific Latex Paints 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 Latex Paints 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 Latex Paints Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Transportation
12.4.3. Industrial
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Latex Paints Market Size and Volume Forecast by Type
12.7.1. Interior Latex Paint
12.7.2. Universal Latex Paint
12.7.3. Anti-Fouling Latex Paint
12.7.4. Antibacterial Latex Paint
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 Latex Paints Demand Share, 2019-2026
13. Middle East & Africa Latex Paints 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 Latex Paints 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 Latex Paints Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Transportation
13.4.3. Industrial
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Latex Paints Market Size and Volume Forecast by Type
13.7.1. Interior Latex Paint
13.7.2. Universal Latex Paint
13.7.3. Anti-Fouling Latex Paint
13.7.4. Antibacterial Latex Paint
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 Latex Paints Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Latex Paints Market: Market Share Analysis
14.2. Latex Paints Distributors and Customers
14.3. Latex Paints 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. AkzoNobel N.V
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Arkema SA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Asian Paints Limited
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BASF SE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. The Sherwin-Williams
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Benjamin Moore & Co
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. RPM International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Berger Paints India Limited
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. DuPont Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Masco Corporation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nippon Paint
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tikkurila
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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