Emulsion Paint Market Size, Share And Growth Analysis For 2024-2033

The Business Research Company has updated all its market reports with the latest information for the year 2024, projecting trends and forecasts until 2033

LONDON, GREATER LONDON, UK, June 19, 2024 /EINPresswire.com/ -- The emulsion paint market has experienced significant growth in recent years, expanding from $10.98 billion in 2023 to $11.57 billion in 2024, at a compound annual growth rate (CAGR) of 5.4%. This growth can be attributed to stricter laws governing VOC emissions, economic conditions, architectural trends, growing consumer demand for eco-friendly and sustainable coatings, demographic shifts, and infrastructure development.

The emulsion paint market is expected to continue its strong growth trajectory, projected to reach $14.47 billion by 2028, growing at a CAGR of 5.7%. The anticipated growth in the forecast period is driven by rising disposable income, increased consumer awareness, a shift towards water-based paints, an increase in commercial space development activities, and improved lifestyle trends. Major trends expected during this period include digitalization and e-commerce, rising partnerships, advanced application techniques, product innovation, and technological advancements.

Rising Real Estate Projects Fueling the Growth of the Emulsion Paint Market
The rising real estate industry is expected to propel the growth of the emulsion paint market. The real estate industry encompasses various activities related to buying, selling, renting, leasing, and developing property. It plays a significant role in the economy and is influenced by factors such as demographics, economic conditions, government policies, and consumer preferences. The rise in real estate is driven by population growth, urbanization, economic development, infrastructure investment, and changing consumer preferences. Emulsion paint is widely used in real estate projects for interior and exterior applications, offering benefits such as ease of application, rapid drying time, and a diverse selection of colors.

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Key Players and Market Trends
Leading companies in the emulsion paint market include BASF SE, The Sherwin-Williams Company, PPG Industries Inc., Sika AG, Akzo Nobel N.V., Nippon Paint Holdings Co. Ltd., RPM International Inc., Axalta Coating Systems Ltd., Asian Paints Limited, Valspar Corporation, Kansai Paint Co. Ltd., Jotun Group, DAW SE, Tikkurila Oyj, Behr Process Corporation, Berger Paints India Limited, DuluxGroup Limited, Benjamin Moore & Co., Dunn-Edwards Corporation, TOA Group, The Diamond Vogel Paint Company, Pacific Paint Philippines Inc., Kelly-Moore Paint Company Inc., Crown Paints Limited, MRF Limited, Hempel A/S, and Paint Library Ltd.

Arkema Introduces Innovative Acrylic Polyol Emulsion for Sustainable Industrial Paints
Major companies operating in the emulsion paint market are developing innovative products, such as acrylic polyol emulsions, to enhance performance and meet evolving consumer demands. Acrylic polyol emulsions are aqueous dispersions of acrylic polymers emulsified to form stable colloidal suspensions.

Segments
• By Type: Interior Emulsion Paint, Water-soluble Paint, Antifouling Emulsion Paint, Antimicrobial Emulsion Paint, Other Types
• By Technology: Waterborne, Solvent borne
• By Distribution Channel: Offline, Online • By Application: Household, Commercial Space, Administrative Space, Entertainment Space

Geographical Insights: Asia-Pacific Leading the Market
Asia-Pacific was the largest region in the emulsion paint market in 2023. The regions covered in the emulsion paint market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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Emulsion Paint Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Emulsion Paint Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on emulsion paint market size, emulsion paint market drivers and trends, emulsion paint market major players, competitors' revenues, market positioning, and market growth across geographies. The emulsion paint market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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