Cement Paints Market Synopsis

Cement Paints Market Size is Valued at USD 1.67 Billion in 2023, and is Projected to Reach USD 2.39 Billion by 2032, Growing at a CAGR of 4.60% From 2024-2032.

There has been tremendous development in cement paints market in the last couple of years due to the increased concern for environmental friendly, long lasting, and cost competitive painting. In homes and buildings, cement coatings are widely used largely because of its good water resistance, protection against weather conditions, and versatility to the surfaces of the home or building. There are expectations of higher growth in the higher margin cement paints, especially in the developing markets as the pace of urbanization intensifies and there are enhancements in infrastructure development projects.

• With the enhancement of environmentally beneficial products being adopted, this is one of the reasons fueling the cement paints market. Decreed by consumers, paint manufacturers have begun to focus not only on producing paints made from sustainable materials with significantly less VOCs. The shift is not only being forced by regulation; it is also being motivated by consumers’ desire to achieve healthier living standards. More so, technical developments have enhanced the concrete coating production processes by delivering enhanced performance features adding value to them.
• A vast range of products is present in the market consisting of both completely impermeable acrylic probate, smooth acrylic probate as well as textured and non-textured acrylic probate, to meet diverse customer requirements. As to the colors and coatings, they have expanded the choice, but retained the necessary practical characteristics in combination with the esthetic effect. This is an assertion that the market’s key players are constantly presenting new products and improving their existing ones hence lucking at capturing a wider market as well as satisfying the changing demand of the customers.

Cement Paints Market Trend Analysis

Eco-friendly cement paints with low VOCs and sustainable components are in demand to match customer aspirations for better living.

• As the world shifts its focus to making environmentally friendly consumption choices, there is an increasing client demand for low VOC cement paints as well as products with sustainable contents. Customers are becoming more aware of the health and environmental risks and are looking for painting solutions which will give off less hazardous fumes and use environmentally friendly materials.
• More to the point, this trend complies with pollution lowering regulations as well as consumers ‘expectations toward healthy indoor environement.. The market is developing formulations with the active use of new technologies and environmentally friendly components to enhance the characteristics and ensure safety.

Cement paints are becoming more popular in homes and businesses due to formulation and application advancements that improve durability and attractiveness.

• Technological improvements in formulation and application procedures are the main causes for the enhanced use of cement paints in domestic and industrial buildings. These improvement have greatly improved the longevity and asthetic appeal of cement paints making it the go to for many applications.
• It is worth noting that today’s coating paints for cementitious surfaces offer better performance than those traditional methods, which is well aligned with consumers’ desire to have beauty and durability on their properties. This tendency is especially observed in large and large megalopolises where the requirements for exterior coating, that meet both – protection and esthetic function – are growing.
• Furthermore, there have been changes over the years in the type of cement paint that is more environmentally attractive and environmentally sustainable. Auto suppliers are paying attention to research on environmentally-friendly paints and coatings with low VOCs or without VOCs at all. This increasing concern with sustainable features is a response not only to the existing legal requirements but also to the growing demand for environmentally friendly living conditions.

Cement Paints Market Segment Analysis:

Cement Paints Market Segmented on the basis of By Type, By Application, and By End-User

By Type, Acrylic Cement paints segment is expected to dominate the market during the forecast period

• The cement paints market can be broadly segmented on the basis of the types of cement paints available such as, acrylic cement paints, impermeable cement paints, synthetic cement paints and many others. Acrylic cement paints are increasingly being embraced on the market because of the great qualities that come with it including; adherence, flexibility, mildew and fading. These are ideal for both indoor and outdoor uses because their colours are extremely resisting fading and the products themselves possess great degree of sturdiness.
• Waterproof cement paints for example are very popular in regions that experience high humidity and rainfall. This is because they provide protection against water which in its various forms, can lead to compromise of structures and finishes.

By End-User, Residential segment held the largest share in 2024

• Home, business, and manufacturing. The reason being, the need by homeowners to get attractive decorative, protective and long lasting finishes for the internal and external walls of their buildings and structures. The ability to make available finish that require minimal or no maintenance; coupled with the recent up surge in home improvement and enhancement exercises among the residential users; has been a major push factor for the increase in demand for cement paints.
• Moreover, the point is that more and more homeowners give preference to environmentally friendly cement paints, which contribute to sustainability and safety.

Active Key Players in the Cement Paints Market

• Asian Paints (India)
• BASF (Germany)
• PPG Industries (U.S.)
• Jotun (Norway)
• Berger Paints India (India)
• Nippon Paint Holding Co., Ltd. (Japan)
• Kansai Nerolac Paints Limited (India)
• The Sherwin-Williams Company (U.S.)
• Akzo Nobel N.V. (Netherlands)
• Acro Paints Limited (India)
• Sika AG (Switzerland), and other Active Players.

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Cement Paints Market by Type
 4.1 Cement Paints Market Snapshot and Growth Engine
 4.2 Cement Paints Market Overview
 4.3 Acrylic Cement paints
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Acrylic Cement paints: Geographic Segmentation Analysis
 4.4 Waterproof Cement Paints
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Waterproof Cement Paints: Geographic Segmentation Analysis
 4.5 Synthetic Cement paints
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Synthetic Cement paints: Geographic Segmentation Analysis
 4.6 Others
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Others: Geographic Segmentation Analysis

Chapter 5: Cement Paints Market by Application
 5.1 Cement Paints Market Snapshot and Growth Engine
 5.2 Cement Paints Market Overview
 5.3 Interior
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Interior: Geographic Segmentation Analysis
 5.4 Exterior
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Exterior: Geographic Segmentation Analysis

Chapter 6: Cement Paints Market by End-User
 6.1 Cement Paints Market Snapshot and Growth Engine
 6.2 Cement Paints Market Overview
 6.3 Residential
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Residential: Geographic Segmentation Analysis
 6.4 Commercial
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Commercial: Geographic Segmentation Analysis
 6.5 Industrial
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Industrial: Geographic Segmentation Analysis

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Cement Paints Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions
  
 7.2 ASIAN PAINTS (INDIA)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 BASF (GERMANY)
 7.4 PPG INDUSTRIES (US)
 7.5 JOTUN (NORWAY)
 7.6 BERGER PAINTS INDIA (INDIA)
 7.7 NIPPON PAINT HOLDING CO LTD (JAPAN)
 7.8 KANSAI NEROLAC PAINTS LIMITED (INDIA)
 7.9 THE SHERWIN-WILLIAMS COMPANY (US)
 7.10 AKZO NOBEL NV (NETHERLANDS)
 7.11 ACRO PAINTS LIMITED (INDIA)
 7.12 SIKA AG (SWITZERLAND)
 7.13 OTHER ACTIVE PLAYERS

Chapter 8: Global Cement Paints Market By Region
 8.1 Overview
 8.2. North America Cement Paints Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Type
  8.2.4.1 Acrylic Cement paints
  8.2.4.2 Waterproof Cement Paints
  8.2.4.3 Synthetic Cement paints
  8.2.4.4 Others
  8.2.5 Historic and Forecasted Market Size By Application
  8.2.5.1 Interior
  8.2.5.2 Exterior
  8.2.6 Historic and Forecasted Market Size By End-User
  8.2.6.1 Residential
  8.2.6.2 Commercial
  8.2.6.3 Industrial
  8.2.7 Historic and Forecast Market Size by Country
  8.2.7.1 US
  8.2.7.2 Canada
  8.2.7.3 Mexico
 8.3. Eastern Europe Cement Paints Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Type
  8.3.4.1 Acrylic Cement paints
  8.3.4.2 Waterproof Cement Paints
  8.3.4.3 Synthetic Cement paints
  8.3.4.4 Others
  8.3.5 Historic and Forecasted Market Size By Application
  8.3.5.1 Interior
  8.3.5.2 Exterior
  8.3.6 Historic and Forecasted Market Size By End-User
  8.3.6.1 Residential
  8.3.6.2 Commercial
  8.3.6.3 Industrial
  8.3.7 Historic and Forecast Market Size by Country
  8.3.7.1 Bulgaria
  8.3.7.2 The Czech Republic
  8.3.7.3 Hungary
  8.3.7.4 Poland
  8.3.7.5 Romania
  8.3.7.6 Rest of Eastern Europe
 8.4. Western Europe Cement Paints Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Type
  8.4.4.1 Acrylic Cement paints
  8.4.4.2 Waterproof Cement Paints
  8.4.4.3 Synthetic Cement paints
  8.4.4.4 Others
  8.4.5 Historic and Forecasted Market Size By Application
  8.4.5.1 Interior
  8.4.5.2 Exterior
  8.4.6 Historic and Forecasted Market Size By End-User
  8.4.6.1 Residential
  8.4.6.2 Commercial
  8.4.6.3 Industrial
  8.4.7 Historic and Forecast Market Size by Country
  8.4.7.1 Germany
  8.4.7.2 UK
  8.4.7.3 France
  8.4.7.4 Netherlands
  8.4.7.5 Italy
  8.4.7.6 Russia
  8.4.7.7 Spain
  8.4.7.8 Rest of Western Europe
 8.5. Asia Pacific Cement Paints Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Type
  8.5.4.1 Acrylic Cement paints
  8.5.4.2 Waterproof Cement Paints
  8.5.4.3 Synthetic Cement paints
  8.5.4.4 Others
  8.5.5 Historic and Forecasted Market Size By Application
  8.5.5.1 Interior
  8.5.5.2 Exterior
  8.5.6 Historic and Forecasted Market Size By End-User
  8.5.6.1 Residential
  8.5.6.2 Commercial
  8.5.6.3 Industrial
  8.5.7 Historic and Forecast Market Size by Country
  8.5.7.1 China
  8.5.7.2 India
  8.5.7.3 Japan
  8.5.7.4 South Korea
  8.5.7.5 Malaysia
  8.5.7.6 Thailand
  8.5.7.7 Vietnam
  8.5.7.8 The Philippines
  8.5.7.9 Australia
  8.5.7.10 New Zealand
  8.5.7.11 Rest of APAC
 8.6. Middle East & Africa Cement Paints Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Type
  8.6.4.1 Acrylic Cement paints
  8.6.4.2 Waterproof Cement Paints
  8.6.4.3 Synthetic Cement paints
  8.6.4.4 Others
  8.6.5 Historic and Forecasted Market Size By Application
  8.6.5.1 Interior
  8.6.5.2 Exterior
  8.6.6 Historic and Forecasted Market Size By End-User
  8.6.6.1 Residential
  8.6.6.2 Commercial
  8.6.6.3 Industrial
  8.6.7 Historic and Forecast Market Size by Country
  8.6.7.1 Turkey
  8.6.7.2 Bahrain
  8.6.7.3 Kuwait
  8.6.7.4 Saudi Arabia
  8.6.7.5 Qatar
  8.6.7.6 UAE
  8.6.7.7 Israel
  8.6.7.8 South Africa
 8.7. South America Cement Paints Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Type
  8.7.4.1 Acrylic Cement paints
  8.7.4.2 Waterproof Cement Paints
  8.7.4.3 Synthetic Cement paints
  8.7.4.4 Others
  8.7.5 Historic and Forecasted Market Size By Application
  8.7.5.1 Interior
  8.7.5.2 Exterior
  8.7.6 Historic and Forecasted Market Size By End-User
  8.7.6.1 Residential
  8.7.6.2 Commercial
  8.7.6.3 Industrial
  8.7.7 Historic and Forecast Market Size by Country
  8.7.7.1 Brazil
  8.7.7.2 Argentina
  8.7.7.3 Rest of SA

Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies

Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research