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Water Resistant Paint Market: By Types, By Application, By End User, and Geography
Water Resistant Paint Market: By Types, By Application, By End User, and Geography
Water Resistant Paints Market size was valued at US$ 1,246.5 million in 2023 and is expected to reach US$ 1,825.2 million in 2030, growing at a 4.2% CAGR from 2024 to 2030. Water resistant are paints used to help the object stay unaffected by water fight the entrance under specified conditions and protect walls from seepage, cracking, and others. Water-resistant paints are applied in swimming pools’ interior walls, building construction, bathrooms, and furniture to resist the penetration of water in the walls. The development of infrastructure is driving the market of water-resistant paints globally. The demand for water-resistant paints is increasing due to changes in climatic conditions and the construction chemicals of high-quality walls such as walls of swimming pools, buildings, roofing, and others. Countries like Columbia, India, Malaysia, Thailand, and other regions having rainforest areas projected increasing demand for water-resistant paints. Good decor and paints increase hospitality and also increase motivation and interest level towards workers to help in efficient work. Furthermore, in the last few years, innovation and advances in technology have facilitated numerous diverse and new customer demands creating opportunities in water-resistant paints. Water can travel within the capillaries which makes it difficult to locate the exact damage in walls, advanced tech tools like home shield moisture detectors were introduced to find the exact location of the damage. For instance, special products for waterproofing, and wall proofing are innovated such as water-resistant paints are in high demand. Roofing was the largest application segment globally and accounted for over 60% market share in 2022.
Study Period
2024-2030Base Year
2023CAGR
4.2%Largest Market
Asia-PacificFastest Growing Market
Europe
Changes in climate conditions coupled with continuous rains in some parts of the world can create significant opportunities in the water-resistant paints market during the forecast period. The increase in decor and paint demand in the market, increase in hospitality also seepage and cracks in walls are major opportunities for water-resistant paints in the market. Rainforest areas are facing more difficulty due to climatic conditions creating huge opportunities for the water-resistant paint maker key players.
Based on regions, the market share is segmented into North America, Asia-pacific, Europe, the Middle East, and the African region. The water-resistant paint market in the Asia Pacific region is showing significant growth in the market, a large area covered with rainforest shows high demand in water resistant paint market. Europe due to change in climatic conditions in Europe the demand for water-resistant paints are increasing, and it is estimated to dominate with a 40% market share in the forecast years. North America held the major market share in 2022 and is expected to dominate the water-resistant paints market in the forecasted years.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 1,246.5 million |
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Market Size in 2030 |
US$ 1,825.2 million |
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Market CAGR |
4.2% |
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By Types |
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By Application |
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By End User |
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By Region |
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Download Free Sample Report
The Water-resistant paint market was valued at US$ 1,246.5 million in 2023 and is expected to reach US$ 1825.2 million in 2028, growing at a 4.2% CAGR from 2024 to 2030.
Water resistant are paints used to help the object stay unaffected by water and fight the entrance under specified conditions and protect walls from seepage, cracking, and others. water resistant paints are applied in swimming pools’ interior walls, building construction, bathroom, and furniture to resist the penetration of water in the walls.
The leading players in the water-resistant paint market are; Berger Paints, Kansai Nerolac Paints ltd., Asian Paints, Akzo Nobel N.V, Zinsser, Teamac, Carpoly, Rust-Oleum, SEI chemicals, Starsheild Technologies Pvt. Ltd., Nippon Paints.
Historic years considered for the market study are 2019 through 2023 is considered as the base year for market estimation, and Seven years forecast is presented from 2024 – 2030.
| 1.Executive Summary |
| 2.Global Water Resistant Paint Market Introduction |
| 2.1.Global Water Resistant Paint Market - Taxonomy |
| 2.2.Global Water Resistant Paint Market - Definitions |
| 2.2.1.Types |
| 2.2.2.Application |
| 2.2.3.End User |
| 2.2.4.Region |
| 3.Global Water Resistant Paint Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Water Resistant Paint Market Analysis, 2019-2023 and Forecast 2024-2030 |
| 4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Water Resistant Paint Market By Types , 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 5.1. Epoxy |
| 5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Acrylate |
| 5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Polyurethane |
| 5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Water Resistant Paint Market By Application , 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 6.1. Roofing |
| 6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Bathroom |
| 6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Furniture |
| 6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Exterior walls |
| 6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Swimming pools |
| 6.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Building |
| 6.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Others |
| 6.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 7.Global Water Resistant Paint Market By End User, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 7.1. Commercial Construction |
| 7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Industrial Facility |
| 7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Others |
| 7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8.Global Water Resistant Paint Market By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Water Resistant Paint Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 9.1. Types Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Epoxy |
| 9.1.2.Acrylate |
| 9.1.3.Polyurethane |
| 9.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Roofing |
| 9.2.2.Bathroom |
| 9.2.3.Furniture |
| 9.2.4.Exterior walls |
| 9.2.5.Swimming pools |
| 9.2.6.Building |
| 9.2.7.Others |
| 9.3. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Commercial Construction |
| 9.3.2.Industrial Facility |
| 9.3.3.Others |
| 9.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Water Resistant Paint Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 10.1. Types Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Epoxy |
| 10.1.2.Acrylate |
| 10.1.3.Polyurethane |
| 10.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Roofing |
| 10.2.2.Bathroom |
| 10.2.3.Furniture |
| 10.2.4.Exterior walls |
| 10.2.5.Swimming pools |
| 10.2.6.Building |
| 10.2.7.Others |
| 10.3. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Commercial Construction |
| 10.3.2.Industrial Facility |
| 10.3.3.Others |
| 10.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11.Asia Pacific (APAC) Water Resistant Paint Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 11.1. Types Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Epoxy |
| 11.1.2.Acrylate |
| 11.1.3.Polyurethane |
| 11.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Roofing |
| 11.2.2.Bathroom |
| 11.2.3.Furniture |
| 11.2.4.Exterior walls |
| 11.2.5.Swimming pools |
| 11.2.6.Building |
| 11.2.7.Others |
| 11.3. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Commercial Construction |
| 11.3.2.Industrial Facility |
| 11.3.3.Others |
| 11.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Water Resistant Paint Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 12.1. Types Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Epoxy |
| 12.1.2.Acrylate |
| 12.1.3.Polyurethane |
| 12.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Roofing |
| 12.2.2.Bathroom |
| 12.2.3.Furniture |
| 12.2.4.Exterior walls |
| 12.2.5.Swimming pools |
| 12.2.6.Building |
| 12.2.7.Others |
| 12.3. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Commercial Construction |
| 12.3.2.Industrial Facility |
| 12.3.3.Others |
| 12.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Water Resistant Paint Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 13.1. Types Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Epoxy |
| 13.1.2.Acrylate |
| 13.1.3.Polyurethane |
| 13.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Roofing |
| 13.2.2.Bathroom |
| 13.2.3.Furniture |
| 13.2.4.Exterior walls |
| 13.2.5.Swimming pools |
| 13.2.6.Building |
| 13.2.7.Others |
| 13.3. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Commercial Construction |
| 13.3.2.Industrial Facility |
| 13.3.3.Others |
| 13.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Berger Paints |
| 14.2.2.Kansai Nerolac Paints ltd. |
| 14.2.3.Asian Paints |
| 14.2.4.Akzo Nobel N.V |
| 14.2.5.Zinsser |
| 14.2.6.Teamac |
| 14.2.8.Rust-Oleum |
| 14.2.9.SEI chemicals |
| 14.2.10.Starsheild Technologies Pvt. Ltd. |
| 14.2.11.Nippon Paints |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.