Global Coatings – Market Overview 2025
- irl
- 3 hours ago
- 2 min read
IRL has finalised the publication of our coating segment reports which were published between April and October 2025. Based on our findings, in 2024 the global market remained relatively flat with the sales volumes reaching 57.8 million metric tonnes. Europe and Middle East & Africa regions have lost share over the last 10 years with Asia-Pacific gaining share of the market whilst the Americas region share remained flat.
In terms of market value, there was a small increase in 2024 to €190.3 billion ($206.0 billion) revenue generated by the market, implying an average price of €3.29 ($3.56) per kilo. The majority of the market value comes from the architectural segment, followed by the automotive, general industrial and protective segments.
Source : IRL
Water-based and powder continue to gain share at the expense of solvent-based as regulations have pushed for the transition to more environmental friendly coatings. Segments such as protective, automotive and general industrial have seen a strong shift away from solvent-based over the last 10 years.
Source : IRL
Regarding the resin types, pure acrylic and styrene accounts for the largest volumes across the different application systems. Epoxies and polyurethanes have also large shares and have benefitted from the shift towards more environmental friendly solutions on the industrial coatings side. Thermoplastic is included as road marking coatings part of the general industrial segment.
Source : IRL
All the data was collected at country and coating segment level with IRL following a bottom-up approach to estimate the global market using data collected for 119 countries. Country level data includes more comprehensive data such as detailed values, market shares, segmentations and distribution structure.
Individual country and segment reports are available on our website. Please enquire about prices and report packages.
To purchase the reports, go to our online shop : IRL Coatings Reports
Or for more information please contact: Mr. Jose Bottino
Email: irl@brggroup.com
Tel: + 44 20 8832 7830