Summary

Cement Paints Market Size
The global cement paintsmarket size was valued at $1.94 billion in 2025 and is projected to reach $2.44 billion by 2031, growing at a CAGR of 3.9% during the forecast period.

Cement Paints Market Dynamics
The cement paintsmarket is expected to witness significant growth in the future due to the rapid urbanization, increasing the construction industry particularly in developing countries, and increasing demand for durable, weather-resistant, and cost-effective paint solutions. However, the competition from alternative paints, such as emulsion and acrylic paints, limited awareness of cement paints, and challenges related to application techniques and surface preparation are restraining the growth of the market.

Furthermore, growing demand for cement paints in emerging economies, innovations in product formulations to enhance performance, and increasing government infrastructure projects that require durable coatings are the key trends propelling the cement paintsmarket.

Rapid Urbanization is Driving the Cement Paints Market
Rapid urbanization is significantly impacting the cement paints market, driven by substantial growth in construction activities. As urban population expand, the demand for affordable housing and infrastructure development increases, leading to a surge in the use of cost-effective materials like cement paints.
• Government initiatives, such as India's Pradhan Mantri Awas Yojana (PMAY), aim to provide affordable housing to millions, heavily relying on cement paints for their cost-effectiveness and durability.
• Companies like Asian Paints and Berger Paints are capitalizing on this trend by launching innovative cement paint products tailored for urban environments, further driving market growth.
Additionally, the increasing focus on urban renewal projects and the renovation of older buildings in densely populated areas are contributing to the heightened demand for cement paints, as they offer a practical solution for maintaining and enhancing the aesthetics of urban infrastructure.

Cement Paints Market Overview
Cement paints are gaining popularity due to their unique properties and benefits, making them an attractive option for companies in the construction and home improvement sectors. Composed primarily of cement, water, and color additives, these paints offer exceptional durability, strong adhesion, and resistance to harsh weather conditions, including UV rays and moisture. This durability translates into lower maintenance costs for businesses, as cement paints require less frequent repainting compared to traditional paints.

Companies such as Berger Paints and Asian Paints are capitalizing on this trend by expanding their product lines to include cement-based options that cater to both aesthetic and functional needs. Additionally, government initiatives promoting sustainable building practices are further driving demand for cement paints, as they are often seen as environmentally friendly alternatives to conventional paints. This combination of durability, cost-effectiveness, and alignment with sustainability initiatives positions cement paints as a valuable product for companies looking to enhance their offerings in the competitive construction market.

By Technology, the Acrylic Cement Paints Segment is projected to be the Largest Segment in the Cement Paints Market
Acrylic Cement Paints is the largest segment in the cement paintsmarket, driven by their superior performance characteristics and alignment with current market trends, particularly in the context of urbanization and infrastructure development. Acrylic-based cement paints are known for their excellent durability, weather resistance, and low volatile organic compound (VOC) content, making them suitable for both interior and exterior applications.
• Companies like Asian Paints and BASF are actively expanding their acrylic paint offerings to cater to the growing demand for eco-friendly and high-performance products.
Additionally, government initiatives aimed at promoting affordable housing and urban renewal projects are further driving the adoption of acrylic cement paints, as these paints provide a cost-effective solution for maintaining and enhancing the aesthetics of buildings. The increasing focus on sustainability and the need for durable, easy-to-apply materials in densely populated urban areas are key factors contributing to the growth of the acrylic cement paints segment in the market.

By Geography, Asia-Pacific Holds the Largest Share in the Market Revenue
Asia-Pacific holds the largest share of the cement paintsmarket, driven by rapid urbanization, increasing construction activities, and the need for cost-effective building materials.
• For instance, in 2023, the Indian government launched a campaign to encourage the use of eco-friendly materials in construction, which includes promoting cement paints for their longevity and reduced environmental impact.
• Government initiatives such as India's Pradhan Mantri Awas Yojana (PMAY) promote affordable housing, which heavily relies on durable and economical materials like cement paints.
• Companies such as Asian Paints and Berger Paints are actively expanding their product lines to include innovative cement paint solutions that cater to the growing demand for sustainability and performance in urban environments.
Additionally, the increasing focus on eco-friendly construction practices is encouraging the adoption of cement paints, as they offer a practical solution to meet both aesthetic and functional needs in rapidly developing urban areas. This combination of urban growth, government support, and corporate innovation is propelling the cement paints market forward in the Asia-Pacific region.

Key Target Audience:
• Manufacturers and Suppliers
• Construction Companies
• Architects and Designers
• Retailers and Distributors
• Government and Regulatory Bodies

List of the Key Players Profiled in the Report Includes:
• Asian Paints
• BASF Coatings
• PPG Industries
• Jotun Group
• Berger Paints
• Nippon Paint
• Dulux (AkzoNobel)
• Kansai Nerolac Paints Ltd.
• Sherwin-Williams
• AkzoNobel
• Acro Paints
• Shawcor Ltd.
• Sika AG

Recent Developments:
• In June 2024, BASF announced the launch of its new range of eco-friendly cement paints, designed to meet the growing demand for sustainable building materials. The new product line emphasizes durability and weather resistance while minimizing environmental impact.
• In May 2024, PPG Industries introduced its latest line of cement-based coatings aimed at the commercial sector, emphasizing enhanced performance and longevity. The launch was part of their strategy to expand their product offerings in the construction segment.
• In April 2024, Jotun Group released a press statement regarding their new cement paint product, which features advanced technology for better adhesion and durability. This product is targeted at both residential and industrial applications, aligning with the growing market demand.
• In March 2024, Berger Paints announced the expansion of its cement paint range, focusing on environmentally friendly options that cater to the growing demand for sustainable construction materials. The new products are designed to withstand extreme weather conditions.

Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Type:
• Dry
• Oil-Based

Market by, Technology:
• Acrylic Cement Paints
• Synthetic Cement Paints
• Water Proof Cement Paints
• Other Technologies

Market by, Application:
• Exterior
• Interior

Market by, End User:
• Commercial
• Industrial
• Residential

Market by, Geography:
The cement paintsmarket report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:
• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

The report offers insights into the following aspects:
• Analysis of major market trends, factors driving, restraining, threatening, and providing opportunities for the market.
• Analysis of the market structure by identifying various segments and sub-segments of the market.
• Understand the revenue forecast of the market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
• Analysis of opportunities by identification of high-growth segments/revenue pockets in the market.
• Understand major player profiles in the market and analyze their business strategies.
• Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the market.

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Table of Contents

1 Market Introduction
1.1 Market Definition
1.2 Research Scope and Segmentation
1.3 Stakeholders
1.4 List of Abbreviations

2 Executive Summary

3 Research Methodology
3.1 Identification of Data
3.2 Data Analysis
3.3 Verification
3.4 Data Sources
3.5 Assumptions

4 Market Dynamics
4.1 Market Drivers
4.2 Market Restraints
4.3 Market Opportunities
4.4 Market Challenges

5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market

6 Global Cement Paints Market by, Type
6.1 Overview
6.2 Dry
6.3 Oil-Based

7 Global Cement Paints Market by, Technology
7.1 Overview
7.2 Acrylic Cement Paints
7.3 Synthetic Cement Paints
7.4 Water Proof Cement Paints
7.5 Other Technologies
7.5.1 Decorative
7.5.2 Elastomeric
7.5.3 High Build Cement Paints
7.5.4 Regular
7.5.5 Texture

8 Global Cement Paints Market by, Application
8.1 Overview
8.2 Exterior
8.3 Interior

9 Global Cement Paints Market by, End User
9.1 Overview
9.2 Commercial
9.3 Industrial
9.4 Residential

10 Global Cement Paints Market by, Geography
10.1 Overview
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 France
10.3.3 UK
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 South Korea
10.4.5 Australia
10.4.6 New Zealand
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 UAE
10.6.2 Saudi Arabia
10.6.3 Qatar
10.6.4 Iran
10.6.5 South Africa
10.6.6 Rest of Middle East & Africa

11 Key Developments

12 Company Profiling
12.1 Asian Paints
12.1.1 Business Overview
12.1.2 Product/Service Offering
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Activities
12.2 BASF Coatings
12.3 PPG Industries
12.4 Jotun Group
12.5 Berger Paints
12.6 Nippon Paint
12.7 Dulux (AkzoNobel)
12.8 Kansai Nerolac Paints Ltd.
12.9 Sherwin-Williams
12.10 AkzoNobel
12.11 Acro Paints
12.12 Shawcor Ltd.
12.13 Sika AG