• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    Acrylic Water Based Paint Market

    ID: MRFR/CnM/23370-HCR
    111 Pages
    Swapnil Palwe
    October 2025

    Acrylic Water Based Paint Market Research Report By Paint Type (Interior Acrylic Water Based Paint, Exterior Acrylic Water Based Paint), By Resin Type (Styrene-Acrylic, Vinyl Acetate-Acrylic, Acrylic Copolymers), By Application (Residential, Commercial, Industrial), By Finish (Flat, Eggshell, Satin, Semi-Gloss, Gloss) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035.

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Acrylic Water Based Paint Market Infographic
    Purchase Options

    Acrylic Water Based Paint Market Summary

    The global acrylic water based paint market is projected to grow from 16.80 USD billion in 2024 to 24.25 USD billion by 2035.

    Key Market Trends & Highlights

    Acrylic Water Based Paint Key Trends and Highlights

    • The market is expected to exhibit a compound annual growth rate (CAGR) of 0.61 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 18.0 USD billion, reflecting a gradual increase.
    • in 2024, the market is valued at 16.80 USD billion, indicating a stable demand for acrylic water based paints.
    • Growing adoption of eco-friendly products due to increasing environmental awareness is a major market driver.

    Market Size & Forecast

    2024 Market Size 16.80 (USD Billion)
    2035 Market Size 24.25 (USD Billion)
    CAGR (2025-2035) 3.39%

    Major Players

    AkzoNobel, PPG Industries, Sherwin-Williams, Nippon Paint, BASF, Valspar, Jotun Paints, Kansai Paint, Asian Paints, RPM International, HEMPEL, Berger Paints India, Axalta Coating Systems

    Acrylic Water Based Paint Market Trends

    Acrylic water-based paints are gaining prominence in the global market due to their versatility, eco-friendliness, and cost-effectiveness. These paints are primarily used in architectural, automotive, and industrial applications, offering excellent adhesion, durability, and resistance to weathering.

    The increasing emphasis on sustainable and eco-friendly products is driving a notable shift towards acrylic water-based paints, which are perceived as safer alternatives for both consumers and the environment.

    U.S. Environmental Protection Agency

    Acrylic Water Based Paint Market Drivers

    Sustainability Trends

    The Global Acrylic Water Based Paint Market Industry is experiencing a notable shift towards sustainability. As consumers increasingly prioritize eco-friendly products, manufacturers are adapting their offerings to meet this demand. Acrylic water-based paints are inherently less harmful to the environment compared to solvent-based alternatives, as they emit fewer volatile organic compounds (VOCs). This trend is further supported by regulatory frameworks promoting sustainable practices. For instance, the market is projected to reach 16.8 USD Billion in 2024, reflecting the growing consumer preference for sustainable options. Consequently, manufacturers are investing in research and development to enhance the eco-friendliness of their products.

    Market Growth Projections

    The Global Acrylic Water Based Paint Market Industry is poised for steady growth, with projections indicating a market value of 16.8 USD Billion in 2024 and an anticipated increase to 18.0 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 0.61% from 2025 to 2035. The market's expansion is driven by various factors, including sustainability trends, technological advancements, and increasing consumer preferences for high-quality, eco-friendly products. As the industry evolves, it is likely to adapt to changing market dynamics, ensuring continued relevance in the global paint market.

    Technological Advancements

    Technological innovation plays a crucial role in the Global Acrylic Water Based Paint Market Industry. Advances in formulation technology have led to the development of high-performance acrylic paints that offer superior durability, adhesion, and color retention. These innovations not only improve product quality but also expand application possibilities across various sectors, including automotive, construction, and arts. The integration of nanotechnology and smart coatings is particularly noteworthy, as these technologies enhance the functionality of acrylic paints. As a result, the market is expected to grow steadily, with a projected value of 18.0 USD Billion by 2035, indicating the impact of technological progress on market dynamics.

    Health and Safety Regulations

    Health and safety regulations are increasingly influencing the Global Acrylic Water Based Paint Market Industry. Stricter regulations regarding VOC emissions and hazardous materials are prompting manufacturers to shift towards water-based formulations. Acrylic water-based paints comply with these regulations, making them a preferred choice for both consumers and professionals. This regulatory landscape not only enhances consumer safety but also drives innovation in product development. As a result, the market is witnessing a transition towards safer alternatives, which is likely to sustain growth in the coming years. The emphasis on health and safety is expected to reinforce the market's position as a leader in environmentally friendly paint solutions.

    Consumer Preferences for Aesthetics

    Consumer preferences for aesthetics significantly impact the Global Acrylic Water Based Paint Market Industry. As individuals seek to personalize their living and working spaces, the demand for a wide range of colors and finishes has surged. Acrylic water-based paints offer excellent color retention and versatility, making them suitable for various applications, from interior walls to decorative arts. This trend is particularly pronounced in the residential sector, where homeowners are increasingly investing in home improvement projects. The growing emphasis on aesthetics is likely to drive market growth, as consumers continue to prioritize visually appealing environments that reflect their personal style.

    Urbanization and Infrastructure Development

    Urbanization and infrastructure development significantly drive the Global Acrylic Water Based Paint Market Industry. Rapid urban growth necessitates the construction of residential and commercial buildings, which in turn increases the demand for high-quality paints. Acrylic water-based paints are favored for their quick drying times and ease of application, making them ideal for large-scale projects. Governments worldwide are investing in infrastructure to support urbanization, further propelling market growth. This trend is expected to contribute to a compound annual growth rate (CAGR) of 0.61% from 2025 to 2035, as the need for durable and aesthetically pleasing finishes in urban environments continues to rise.

    Market Segment Insights

    Acrylic Water Based Paint Market Paint Type Insights

    Market Segment Definition Acrylic Water Based Paint Market has been segmented based on the paint types included as Interior Acrylic Water Based Paint and Exterior Acrylic Water Based Paint. The interior acrylic water based paint is anticipated to hold the largest share by 2023 due to its increasing use on residential and commercial buildings. However, the exterior acrylic water based paint segment is expected to experience significant growth due to its increasing use for painting exterior surfaces.

    Interior acrylic water based paints are commonly used on interior walls and ceilings as they provide for excellent coverage and durability.In addition, the paint is easy to use and clean, which makes it a popular choice for do-it-yourself also known as DIY projects. Exterior acrylic water based paints can be used for the exterior surfaces as they can withstand severe weather conditions. For this reason, they are ideal for use on surfaces such as walls, siding, and trim.

    In addition, the exterior acrylic water based paint is resistant to fading and chalking, which boos the durability and maintenance of the paint quality. Market Analysis and Forecast Acrylic Water Based Paint Market is anticipated to experience steady growth throughout the forecast period due to the increasing demand from the construction industry.In addition, the growing demand for do it yourself is also expected to experience growth. The market is anticipated to be highly competitive due to the presence of a significant number of major players. The major players are AkzoNobel, PPG Industries, Sherwin-Williams, and Nippon Paint.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Acrylic Water Based Paint Market Resin Type Insights

    Resin type is a key market segment, with styrene-acrylic, vinyl acetate-acrylic, and acrylic copolymers being the most prominent types. Styrene-acrylic is a versatile resin that offers excellent adhesion, durability, and resistance to chemicals and weathering. Vinyl acetate-acrylic is known for its flexibility, toughness, and resistance to moisture and alkali. Acrylic copolymers, on the other hand, are tailored to provide specific properties, such as enhanced UV resistance, color retention, and scrub resistance.

    The market for styrene-acrylic resins is expected to grow at a steady pace, driven by its wide range of applications in architectural coatings, automotive refinishes, and industrial coatings.Vinyl acetate-acrylic resins are expected to witness moderate growth, owing to their increasing use in interior and exterior paints for residential and commercial buildings. Acrylic copolymers are projected to experience significant growth, as they offer advanced performance characteristics and cater to the growing demand for high-performance coatings in various industries.

    Acrylic Water Based Paint Market Application Insights

    The Acrylic Water Based Paint Market is segmented by application into Residential, Commercial, and Industrial. Among these segments, the Residential segment is expected to hold the largest market share in 2023, accounting for nearly 48.3% of the Acrylic Water Based Paint Market revenue. The growth of this segment can be attributed to the increasing demand for acrylic water-based paints for home renovations and new constructions.

    The Commercial segment is projected to witness significant growth during the forecast period, owing to the rising construction activities in the commercial sector globally.The Industrial segment is anticipated to hold a relatively smaller market share compared to the other segments, but it is expected to exhibit steady growth over the coming years due to the increasing use of acrylic water-based paints in industrial applications, such as manufacturing and automotive.

    Acrylic Water Based Paint Market Finish Insights

    The Finish segment plays a crucial role in shaping the Acrylic Water Based Paint Market. In 2023, the Flat finish dominated the market, accounting for approximately 38.1% of the global revenue. Its popularity stems from its ability to conceal imperfections and create a matte, non-reflective surface, making it ideal for ceilings and interior walls. Eggshell finish, with a slightly higher sheen than Flat, captured around 29.4% of the market share.

    It offers a subtle sheen that adds depth and warmth to walls, while still maintaining a low-gloss appearance.Satin finish, known for its smooth, silky texture, held a market share of 19.2%. Its ability to resist stains and fingerprints makes it suitable for high-traffic areas like kitchens and bathrooms. Semi-Gloss finish, with a higher sheen level, contributed 9.6% to the market revenue. It provides a glossy, durable surface that is easy to clean and maintain, making it popular for trims, doors, and cabinetry. Gloss finish, with the highest sheen level, accounted for 3.7% of the market share.

    Its reflective surface adds a touch of elegance and sophistication to walls and is often used as an accent or highlight color.

    Get more detailed insights about Acrylic Water Based Paint Market Research Report - Forecast Till 2034

    Regional Insights

    The regional segmentation of the Acrylic Water Based Paint Market presents distinct market dynamics and growth opportunities. North America holds a significant market share, driven by the presence of major construction and architectural industries. In 2023, the regional market was valued at USD 5.61 billion and is projected to reach USD 7.25 billion by 2032, exhibiting a CAGR of 3.1%. Europe follows closely with a market size of USD 4.42 billion in 2023, anticipated to reach USD 5.72 billion by 2032, growing at a CAGR of 2.9%.

    APAC is poised for substantial growth, with a market valuation of USD 3.19 billion in 2023, expected to reach USD 4.87 billion by 2032, registering a CAGR of 4.2%.South America and MEA are emerging markets with growing demand for acrylic water based paints, contributing to the overall market expansion.

    Acrylic Water Based Paint Market Regional Insights

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The most vital companies in the Acrylic Water Based Paint Market are expanding their operation through mergers and acquisitions. To illustrate, in 2021, Axalta Coating Systems acquired Crown Paints. It is the UK’s finest manufacturer of coatings that are used in the field of architecture. Hereby, this acquisition helped Axalta expand its operation area in Europe. Most notably, in the previous year, PPG Industries likewise acquired Tikkurila, the most prominent company specializing in paint and coatings production in Northern Europe.

    Sherwin-Williams is one of the most influential players on the market, and it goes beyond saying that this company produces various sorts of acrylic water based paints for commercial and residential applications. Precisely, its assortment includes paint for interior walls and ceilings, as well as interior and exterior use.

    Sherwin-Williams offers acrylic based paints on water for changes to wood and metal surfaces. Businesses have a vast assortment of options from the reputable firm that also includes paint for the trim and other bespoken solutions. In addition, Sherwin-Williams is one of the most respectful companies that offer first-class customer service. In addition to this, Sherwin-Williams is deeply involved in innovation and sustainability, and it massively invests in R The company aims to create the finest and the novel of the best quality paints. Moreover, the corporation is doing its best to reduce the carbon footprint and wastes.

    On the other hand, there is also AkzoNobel, another force to reckon with in the landscape. It also provides a vast assortment of acrylic water based paints that are suitable for commercial and residential uses.

    Key Companies in the Acrylic Water Based Paint Market market include

    Industry Developments

    The Acrylic Water Based Paint Market is poised to grow at a CAGR of 3.39% from 2024 to 2032, reaching a valuation of USD 21.21 billion by 2032. The increasing demand for eco-friendly and VOC-compliant paints is driving the market growth. Acrylic water based paints offer several advantages over traditional solvent-based paints, including faster drying time, lower odor, and easier cleanup. The construction industry is a major consumer of acrylic water based paints, and the growing construction activities in emerging economies are expected to boost market demand.

    Furthermore, the rising popularity of DIY (Do-It-Yourself) projects is also contributing to the market growth. Key players in the market include AkzoNobel, PPG Industries, Sherwin-Williams, and Nippon Paint. Recent developments include the launch of new products with improved performance and durability, as well as strategic partnerships and acquisitions to expand market reach.

    Future Outlook

    Acrylic Water Based Paint Market Future Outlook

    The Acrylic Water Based Paint Market is projected to grow at a 3.39% CAGR from 2025 to 2035, driven by increasing environmental regulations and consumer demand for sustainable products.

    New opportunities lie in:

    • Develop eco-friendly formulations to meet regulatory standards.
    • Expand distribution channels in emerging markets for increased reach.
    • Invest in digital marketing strategies to enhance brand visibility and consumer engagement.

    By 2035, the market is expected to stabilize, reflecting gradual growth and evolving consumer preferences.

    Market Segmentation

    Acrylic Water Based Paint Market Finish Outlook

    • Flat
    • Eggshell
    • Satin
    • Semi-Gloss
    • Gloss

    Acrylic Water Based Paint Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Acrylic Water Based Paint Market Paint Type Outlook

    • Interior Acrylic Water Based Paint
    • Exterior Acrylic Water Based Paint

    Acrylic Water Based Paint Market Resin Type Outlook

    • Styrene-Acrylic
    • Vinyl Acetate-Acrylic
    • Acrylic Copolymers

    Acrylic Water Based Paint Market Application Outlook

    • Residential
    • Commercial
    • Industrial

    Report Scope

    Report Attribute/Metric Details
    Market Size 2025 16.80 (USD Billion)
    Market Size 2024 17.37 (USD Billion)
    Market Size 2035 24.25 (USD Billion)
    Compound Annual Growth Rate (CAGR) 3.39% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2020 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Nippon Paint ,AkzoNobel ,BASF ,Valspar ,Jotun Paints ,Kansai Paint ,Asian Paints ,RPM International ,HEMPEL ,Jotun ,Berger Paints India ,SherwinWilliams ,Axalta Coating Systems ,PPG Industries
    Segments Covered Paint Type ,Resin Type ,Application ,Finish ,Regional
    Key Market Opportunities Growing infrastructure increasing urbanization rising consumer disposable income
    Key Market Dynamics Growing construction increasing demand technological advancements environmental regulations and emerging markets
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What is the current market size of the Acrylic Water Based Paint Market?

    The Acrylic Water Based Paint Market was valued at 16.80 billion U.S. dollars in 2024.

    What is the projected market size of the Acrylic Water Based Paint Market in 2032?

    The Acrylic Water Based Paint Market is expected to reach 23.45 billion U.S. dollars by 2034.

    What is the CAGR of the Acrylic Water Based Paint Market?

    The Acrylic Water Based Paint Market is expected to grow at a CAGR of 3.4% from 2025 to 2034.

    Which region is expected to have the largest share of the Acrylic Water Based Paint Market in 2032?

    Asia Pacific is expected to account for the largest share of the Acrylic Water Based Paint Market in 2032.

    Which application segment is expected to have the largest share of the Acrylic Water Based Paint Market in 2032?

    The architectural segment is expected to account for the largest share of the Acrylic Water Based Paint Market in 2032.

    Who are the key competitors in the Acrylic Water Based Paint Market?

    Some of the key competitors in the Acrylic Water Based Paint Market include AkzoNobel, PPG, Sherwin-Williams, Nippon Paint, and BASF.

    What are the key trends driving the growth of the Acrylic Water Based Paint Market?

    Some of the key trends driving the growth of the Acrylic Water Based Paint Market include the increasing demand for eco-friendly paints, the growing construction industry, and the rising disposable income of consumers.

    What are the challenges facing the Acrylic Water Based Paint Market?

    Some of the challenges facing the Acrylic Water Based Paint Market include the volatility of raw material prices, the competition from solvent-based paints, and the environmental regulations.

    What are the opportunities for the Acrylic Water Based Paint Market?

    Some of the opportunities for the Acrylic Water Based Paint Market include the development of new technologies, the expansion into new markets, and the growing demand for customized paints.

    What are the key factors to consider when investing in the Acrylic Water Based Paint Market?

    Some of the key factors to consider when investing in the Acrylic Water Based Paint Market include the market size, the growth potential, the competitive landscape, and the regulatory environment.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials