- In February 2022, Nippon Paint Holdings Co., Ltd. introduced a new antibacterial and antiviral paint, Nippon VirusGuard Paint. In addition to embracing strategies related to new product launches, the company is actively involved in various repaint developments, expansions, and mergers and acquisitions
- In November 2021, AkzoNobel unveiled innovations in paints and coatings through cutting-edge technology, in collaboration with KPMG. This partnership is anticipated to unlock a range of opportunities for market growth
- In July 2021, Royal DSM launched its waterproof coating resin, NeoCryl XK-117, to the construction and heavy machinery market. This innovative, solvent-free, low volatile organic compound (VOC), and odorless non-solvent-borne coating technology offers enhanced performance
Frequently Asked Questions
Asia-Pacific region is the fastest growing in the global Construction Repaint market due to rapid urbanization, significant infrastructure redevelopment, and a rising demand for energy-efficient and sustainable building solutions. The region's booming construction, automotive, and industrial sectors are driving the adoption of advanced, high-performance repainting technologies, further fueled by government initiatives promoting green building practices
Eco-friendly and sustainable coatings, advancements in high-performance paint technologies, increased adoption of low-VOC and non-toxic formulations, and a rise in energy-efficient building solutions. Additionally, the integration of smart coatings with self-healing and anti-corrosive properties is gaining traction across various industries, further boosting market growth
The major factors driving the growth of the Construction Repaint market include rapid urbanization, increasing demand for infrastructure renovation and retrofitting, growing focus on sustainability, advancements in high-performance coating technologies, and rising consumer preference for energy-efficient and eco-friendly building solutions. Additionally, government regulations promoting green building practices and investments in renewable energy sectors are contributing to the market’s expansion
The primary challenges in the Construction Repaint market include fluctuating raw material prices, such as pigments, resins, and solvents, which increase production costs. Additionally, stringent regulatory standards regarding emissions and environmental impact, as well as the need for sustainable and eco-friendly formulations, add complexity for manufacturers. Limited recyclability of certain materials and the price sensitivity in emerging markets also hinder broader adoption and scalability
The acrylic segment is expected to dominate the global Construction Repaint market, holding a major market share in 2025, due to its widespread use in residential, commercial, and industrial applications for its durability, weather resistance, and ease of application. Acrylic paints are also favored for their low-VOC content and eco-friendly properties, aligning with the growing demand for sustainable building solutions
