2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What External and Internal Drivers Are Contributing to the Growth of theAcrylic Water Based Paints Market?

The upswing in construction undertakings is slated to bolster the expansion of the acrylic water-based paint market in the future. Construction activities encompass the creation, modification, or renovation of structures such as buildings, infrastructure, and more. The rise in construction initiatives is a result of escalating urbanization, development of infrastructure, and booming real estate markets, thus increasing the need for water-based acrylic paints. These construction tasks commonly include refurbishment, renovation, and maintenance work to augment existing structures’ aesthetic appeal and functionality. Acrylic water-based paints are deployed for both internal and external uses in construction projects. For instance, the Office for National Statistics in the UK reported a hike in the total construction of new orders in Great Britain by 3.9% (£393 million) in the third quarter of 2023 as compared to the second quarter of the same year. This augmentation was primarily attributed to a marked increase in new orders for the public sector and infrastructure, witnessing a surge of 23.7% (£265 million) and 14.3% (£204 million) respectively. As a result, the surge in construction activities is fueling the growth of the acrylic water-based paint market.

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#How Will the CAGR of the Acrylic Water Based Paints Market Influence Its Overall Growth by 2034?

In the past few years, the market size for acrylic water-based paints has seen a significant uptick. The market value is estimated to rise from $33.92 billion in 2024 to $36.29 billion in 2025, marking a compound annual growth rate (CAGR) of 7.0%. This progression in the historical period can be credited to tightening environmental regulations, increased consumer consciousness about the health and environmental advantages of acrylic water-based paints, a shift in architectural tendencies towards sustainable and environment-friendly building materials, amplification of construction and renovation operations, and escalating government initiatives offering support.

Expectations are high for the acrylic water based paints market as it’s predicted to experience significant growth in the upcoming years. Estimates peg the growth to $46.93 billion by 2029 with a compound annual growth rate (CAGR) of 6.6%. A number of factors contribute to these projections including emerging application areas, increasingly digitised marketing strategies, a greater emphasis on sustainable practices within the paint industry, increased market penetration in burgeoning regions and an uptick in demand for personalised colour options using acrylic water-based paints. The forecast period will likely also see developments in advanced formulation procedures, novel packaging solutions, digital colour matching implements, use of eco-friendly additives, smart paint monitoring systems incorporating IoT sensors and predictive maintenance algorithms as well as the employment of modular paint systems.

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Which Upcoming Market Trends and Innovations Are Set to Influence theAcrylic Water Based Paints Market’s Path Forward?

Firms in the acrylic water-based paint market are prioritizing technological enhancements using bio-based technology, replacing petroleum-based resins with natural ingredients derived from plants. The primary objective of this innovation in bio-based technology is to decrease the ecological impact of paint production by providing environmentally friendly options for consumers. For example, in January 2023, PT Mowilex Indonesia, a firm based in Indonesia that produces high-quality paints and coatings, introduced Naturalle Paint. This new product uses a water-based acrylic binder with bio-based technology, including 28% of renewable raw materials. The progressive paint contributes to better indoor air quality by eliminating formaldehyde using plant-based components. The Naturalle paint, with its zero-VOC formulation and its abilities to absorb formaldehyde, is eco-friendly and has the capacity to significantly improve indoor air quality with its formaldehyde reduction feature.

Who Are the Dominant Market Players Pushing the Boundaries of theAcrylic Water Based Paints Market?

Major companies operating in the acrylic water based paints market are BASF SE, Sherwin-Williams Company, PPG Industries Inc., Akzo Nobel N.V., Nippon Paint Holdings Co. Ltd., Masco Corporation, RPM International Inc., Axalta Coating Systems Co. Ltd., Diamond Vogel Paints, Valspar Corporation, Kansai Paint Co. Ltd., Asian Paints Limited, Jotun A/S, Cromology, Hempel A/S, DAW SE, Benjamin Moore And Co., Dunn-Edwards Corporation, Teknos Group, Tikkurila, Kelly-Moore Paints, Flugger Group, Tamiya Incorporated, Musashi Paint Co. Ltd., Meffert AG Farbwerke

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What Are the Core Segments of the Acrylic Water Based Paints Market, and How Do They Contribute to Growth?

The acrylic water based paints market covered in this report is segmented –

1) By Component: Pigment, Binder, Other Component

2) By Substrate Material: Metal, Paper, Wood, Canvas, Fabric, Glass, Other Substrate Materials

3) By Application: Skirting Board, Metal Appliances, Outdoor Furniture, Architectural Paints, Bridges, Other Applications

4) By End-Use Industry: Building And Construction, Electrical And Electronics, Textile, Footwear, Furniture, Other End-Use Industries

Subsegments:

1) By Pigment: Organic Pigments, Inorganic Pigments, Titanium Dioxide, Iron Oxide Pigments, Other Specialty Pigments

2) By Binder: Acrylic Resin, Styrene-Acrylic Resin, Pure Acrylic Resin, Other Synthetic Resins

3) By Other Component: Solvents (Water, Alcohols, Glycol-Based), Additives (Thickeners, Dispersants, Surfactants), Fillers (Calcium Carbonate, Kaolin), Preservatives (Antimicrobial Agents), Other Chemical Additives (UV Stabilizers, Anti-corrosive Agents)

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What Regions Are Dominating the Acrylic Water Based Paints Market Growth?

Asia-Pacific was the largest region in the acrylic water based paints market in 2023. The regions covered in the acrylic water based paints market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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