Summary

The cement paint market in South America has grown alongside the region’s expanding urban landscapes, where extreme weather conditions and diverse architectural styles have driven the need for durable and protective coatings. This market has gained significance globally as South American countries continue to invest in infrastructure, residential construction, and heritage restoration projects. Cement paint is widely used due to its ability to form a tough, water-resistant layer that shields concrete and masonry surfaces from moisture infiltration, fungal growth, and ultraviolet radiation. Unlike conventional decorative paints, it penetrates porous surfaces, creating a bond that resists peeling and fading over time. This paint is primarily applied to exterior walls, industrial buildings, and even historical structures that require breathable coatings to prevent dampness. The formulation of cement paint includes a blend of high-grade white or grey cement, finely ground mineral fillers, alkali-resistant pigments, and waterproofing compounds, which give it superior longevity compared to standard acrylic or oil-based coatings. In South America, cement paint usage can be traced back to the mid-20th century, when the construction sector began adopting it for cost-effective wall protection, particularly in tropical and humid regions such as Brazil, Colombia, and Peru. The need for weatherproof and thermally stable coatings led to the widespread acceptance of this product in both urban and rural areas. Over the years, improvements in manufacturing introduced polymer-modified versions that enhanced crack resistance and color retention, making cement paint a preferred choice for both residential and commercial applications. Countries in South America have also explored the use of eco-friendly additives, such as pozzolanic materials, to improve sustainability and reduce carbon emissions in cement paint production.

According to the research report, "South America Cement Paint Market Outlook, 2030," published by Bonafide Research, the South America Cement Paint market is anticipated to add to more than USD 55.30 Million by 2025–30. The market growth is propelled by the region’s increasing construction activities, particularly in residential and infrastructure development, along with the rising need for weather-resistant and cost-effective coatings. Recent industry advancements include the introduction of high-performance cement paints with improved anti-carbonation properties, enhanced UV resistance, and the incorporation of polymer-based additives to increase longevity. Customers in this region appreciate cement paints for their affordability, strong adhesion to masonry surfaces, and ability to withstand extreme humidity and temperature fluctuations, making them a preferred choice for exterior applications. Regulatory standards, such as VOC emission regulations in Brazil and Argentina, along with sustainability certifications like EDGE (Excellence in Design for Greater Efficiencies), are pushing manufacturers to develop low-emission and eco-friendly formulations. The supply chain in South America is influenced by regional disparities, with Brazil and Argentina leading in raw material production, while countries like Chile and Colombia rely on imports for certain key components. Majorly used technologies in cement paints include elastomeric coatings that prevent surface cracking, water-repellent formulations using silicone and acrylic modifiers, and reflective coatings that help in thermal insulation. The adoption of advanced nanotechnology in cement paints is gaining traction, enabling self-cleaning, anti-fungal, and pollution-resistant properties, which align with the growing trend of sustainable construction. Moreover, bio-based and recycled raw materials are emerging as viable options, catering to increasing environmental concerns. The rise of smart coatings, including thermochromic and self-healing cement paints, presents new growth opportunities, allowing buildings to adapt to changing weather conditions while reducing maintenance costs. The growing digitalization of the construction sector in South America is further fostering innovation, with AI-driven color customization and virtual reality-based visualization tools helping consumers and architects select suitable cement paint solutions for diverse structural needs.


Market Drivers

• Reconstruction Efforts After Natural Disasters: South America experiences frequent natural disasters, including earthquakes in Chile and Peru, floods in Brazil, and hurricanes in coastal regions. These events lead to the constant need for reconstruction and repair, boosting the demand for durable cement paints. Cement-based coatings are preferred for their affordability, resilience, and ability to protect structures against harsh weather conditions. Post-disaster rehabilitation programs, supported by both governments and international aid, further drive cement paint consumption in affected areas. The need for long-lasting exterior protection makes cement paints an essential part of rebuilding efforts.
• Government Social Housing Programs: Several South American countries, including Argentina, Colombia, and Peru, have launched large-scale social housing programs to address urban housing shortages. Governments are providing incentives for affordable housing development, where cement paints play a crucial role in cost-effective, long-lasting coatings. Initiatives like Brazil’s Minha Casa, Minha Vida program (My House, My Life) have increased demand for durable and easy-to-apply paints. These projects primarily target low-income families, making cement paints a preferred choice due to their affordability and resistance to varying climatic conditions. The continued focus on expanding urban housing will sustain market growth.

Market Challenges

• Import Dependence on Raw Materials: The South American cement paint market heavily relies on imported raw materials, including pigments, additives, and specialty binders. Countries like Brazil and Argentina source these materials from North America and Europe, making them vulnerable to price fluctuations and currency devaluations. High import duties and transportation costs further increase production expenses, making cement paints less competitive against locally available alternatives. Disruptions in global supply chains, as seen during the COVID-19 pandemic, have also affected production timelines, leading to inconsistent supply in the market.
• Fluctuating Construction Activity Due to Economic Instability: South America’s construction sector is highly sensitive to economic conditions, with countries like Venezuela and Argentina facing frequent recessions and inflation. Unstable economic conditions often lead to reduced government spending on infrastructure and housing, directly impacting cement paint demand. Additionally, fluctuating consumer purchasing power affects private construction activity, making it difficult for manufacturers to maintain steady sales. Political uncertainties and currency volatility further deter foreign investments in the construction industry, slowing market expansion for cement-based coatings.

Market Trends

• Rise of Waterproof Cement Paints for High-Rainfall Areas: South America has diverse climatic conditions, with high humidity in the Amazon rainforest and frequent rainfall in coastal regions of Brazil and Colombia. As a result, demand is increasing for waterproof and moisture-resistant cement paints that protect structures from mold, algae growth, and weathering. Homeowners and commercial builders are seeking coatings with enhanced durability, leading to innovations in cement-based paints with hydrophobic properties. The use of advanced nanotechnology coatings to improve water repellency is also gaining momentum in the region.
• Shift Toward Locally Manufactured Cement Paints: To reduce reliance on imports and lower production costs, several domestic manufacturers in South America are expanding their cement paint production. Countries like Brazil, Chile, and Argentina are seeing a rise in local brands offering cost-effective alternatives with region-specific formulations. These paints cater to the varying climate conditions across South America, from tropical to arid regions. Government incentives for local manufacturing and sustainability initiatives are further supporting this trend. As consumers become more price-conscious, the demand for locally produced, affordable cement paints is expected to grow.


Acrylic cement paints dominate due to their flexibility, water resistance, and ability to withstand South America's diverse climate conditions.

South America’s construction industry faces unique environmental challenges, with regions experiencing extreme humidity, high rainfall, and intense sunlight. Acrylic cement paints have become the preferred choice because they form a highly elastic and durable coating that resists cracking, fading, and moisture damage. Unlike traditional cement paints, acrylic-based formulations provide superior adhesion to concrete surfaces, ensuring long-lasting performance in both residential and commercial applications. In coastal areas of Brazil, Argentina, and Colombia, where salty air can accelerate wear and tear, acrylic paints offer better resistance to corrosion and efflorescence compared to oil-based or water-based alternatives. Additionally, the growing preference for decorative finishes in urban housing projects has boosted the demand for acrylic-based coatings, which are available in a wide range of colors and textures. The expansion of infrastructure projects, including roads, bridges, and public buildings, has further contributed to the adoption of acrylic cement paints, as they provide enhanced UV protection and long-term durability with minimal maintenance. Many countries in South America have also tightened environmental regulations on volatile organic compounds (VOCs), leading manufacturers to shift towards low-VOC acrylic formulations that align with sustainability goals. The rise of do-it-yourself (DIY) home improvement trends has also supported market growth, as acrylic paints are easier to apply, requiring fewer layers and drying faster than traditional cement paints. With local production capabilities improving and imports increasing, the availability of high-quality acrylic cement paints has expanded, making them the top choice across residential, commercial, and industrial sectors.

The demand for durable and weather-resistant coatings for residential and commercial exteriors is driving market growth.

South America experiences a wide range of climatic conditions, from the humid Amazon rainforest to the arid regions of Argentina and Chile. The need for high-performance coatings that protect buildings from these harsh environmental factors has made exterior applications the fastest-growing segment in the cement paint market. In cities like São Paulo, Buenos Aires, and Bogotá, rapid urbanization has led to a surge in new residential and commercial construction, increasing the demand for exterior-grade cement paints that can withstand exposure to pollution, UV rays, and heavy rainfall. Many historic buildings in the region also require restoration, and cement paints are a preferred choice for refurbishing aged facades, as they provide a breathable yet protective layer that prevents moisture damage. The growth of the tourism industry has further fueled demand, with hotels, resorts, and commercial complexes investing in aesthetically appealing and long-lasting exterior finishes. Cement-based paints with anti-fungal and waterproofing properties are gaining traction, especially in coastal and tropical areas where buildings are prone to mold and dampness. Additionally, governments across South America are promoting infrastructure development, with major projects requiring high-quality exterior coatings for bridges, stadiums, and public buildings. The affordability and ease of application of cement paints make them an attractive solution for large-scale projects, driving their adoption across various sectors. The rising trend of energy-efficient buildings has also contributed to the growth of exterior cement paints, as manufacturers develop heat-reflective coatings that help reduce indoor temperatures in hot climates.

Dry cement paints are gaining popularity due to their cost-effectiveness, longer shelf life, and easy transportation.

In South America, the construction industry heavily relies on cost-efficient and durable materials, making dry cement paint an increasingly preferred choice. Unlike ready-mix or oil-based alternatives, dry cement paints come in powder form, which allows for easy storage and extended shelf life without the risk of drying out or spoilage. This makes them particularly suitable for regions with inconsistent supply chains, such as rural parts of Brazil, Peru, and Bolivia, where transportation of liquid paints can be challenging. Dry cement paints are also highly adaptable, as users can control the consistency and quantity needed by simply mixing the powder with water at the time of application. This feature has made them particularly attractive for both large construction projects and smaller-scale home renovations. Additionally, in areas with extreme humidity, such as the Amazon basin, pre-mixed liquid paints often suffer from bacterial growth and separation, whereas dry formulations remain stable for longer periods. Another advantage is the ability to create customized shades and textures, which is particularly useful for restoration projects in historic districts and for homeowners seeking unique finishes. As more builders and contractors look for cost-effective, long-lasting solutions, the demand for dry cement paint continues to grow. Furthermore, increasing awareness about sustainability has prompted manufacturers to develop eco-friendly dry formulations with reduced carbon footprints, further boosting adoption.

Expanding urban housing projects, rising homeownership, and renovation activities drive residential cement paint demand.

South America is undergoing rapid urbanization, with millions of people moving to cities in search of better living conditions. This has led to a surge in residential construction, making the housing sector the largest consumer of cement paints. Countries like Brazil, Argentina, and Colombia are investing heavily in affordable housing initiatives, further driving the demand for durable and cost-effective coatings. Cement paints are particularly favored in residential projects due to their affordability, resistance to extreme weather conditions, and ability to provide long-lasting protection. Many households in South America are also engaging in renovation activities, as older homes require periodic maintenance to combat moisture damage, cracks, and fading colors. In addition, the popularity of DIY home improvement projects has contributed to increased sales, with homeowners opting for easy-to-apply cement paints for both interior and exterior walls. Rural areas, where cement-based constructions dominate, are also seeing increased use of cement paints as they provide a simple and effective way to protect buildings from environmental wear and tear. Moreover, with rising incomes, consumers are becoming more interested in decorative finishes, boosting the market for high-quality, aesthetically appealing cement paint products. The expansion of home improvement retail stores and online marketplaces has further enhanced accessibility, making it easier for consumers to purchase cement paints for personal use.


Brazil’s massive construction sector, rapid urbanization, and strong manufacturing base drive its dominance in the market.

Brazil is the largest economy in South America and has one of the most active construction industries in the region. The country’s growing urban population has fueled continuous demand for new residential and commercial buildings, leading to higher consumption of cement paints. Large-scale government infrastructure projects, including roads, bridges, and public housing developments, have further boosted the market. Additionally, Brazil’s humid climate and frequent heavy rainfall make durable, weather-resistant cement paints essential for protecting buildings from moisture damage and fungal growth. The country’s well-established manufacturing sector also plays a crucial role, with several domestic and international paint manufacturers producing a wide range of cement-based coatings to cater to local demand. The rise of sustainable construction practices has further increased the use of eco-friendly cement paints, aligning with Brazil’s environmental policies. The expansion of e-commerce and home improvement retail chains has also contributed to market growth by improving accessibility to cement paints in both urban and rural areas. Additionally, the popularity of decorative finishes in high-end residential and commercial projects has driven demand for high-quality, customizable cement paint products. Brazil’s economic recovery, along with increased investments in real estate and infrastructure, ensures its continued leadership in the South American cement paint market.


Considered in this report
• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030

Aspects covered in this report
• Cement Paint Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Technology
• Acrylic
• Water Proof
• Synthetic
• Others

By Application
• Interior
• Exterior

By Type
• Oil-based
• Dry

By End User
• Residential
• Commercial
• Industrial

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to agriculture industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.


***Please Note: It will take 48 hours (2 Business days) for delivery of the report upon order confirmation.

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Table of Contents

Table of Contents

1. Executive Summary
2. Market Dynamics
2.1. Market Drivers & Opportunities
2.2. Market Restraints & Challenges
2.3. Market Trends
2.3.1. XXXX
2.3.2. XXXX
2.3.3. XXXX
2.3.4. XXXX
2.3.5. XXXX
2.4. Supply chain Analysis
2.5. Policy & Regulatory Framework
2.6. Industry Experts Views
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Market Structure
4.1. Market Considerate
4.2. Assumptions
4.3. Limitations
4.4. Abbreviations
4.5. Sources
4.6. Definitions
5. Economic /Demographic Snapshot
6. South America Cement Paint Market Outlook
6.1. Market Size By Value
6.2. Market Share By Country
6.3. Market Size and Forecast, By Technology
6.4. Market Size and Forecast, By Application
6.5. Market Size and Forecast, By Type
6.6. Market Size and Forecast, By End User
6.7. Brazil Cement Paint Market Outlook
6.7.1. Market Size by Value
6.7.2. Market Size and Forecast By Technology
6.7.3. Market Size and Forecast By Application
6.7.4. Market Size and Forecast By Type
6.7.5. Market Size and Forecast By End User
6.8. Argentina Cement Paint Market Outlook
6.8.1. Market Size by Value
6.8.2. Market Size and Forecast By Technology
6.8.3. Market Size and Forecast By Application
6.8.4. Market Size and Forecast By Type
6.8.5. Market Size and Forecast By End User
6.9. Colombia Cement Paint Market Outlook
6.9.1. Market Size by Value
6.9.2. Market Size and Forecast By Technology
6.9.3. Market Size and Forecast By Application
6.9.4. Market Size and Forecast By Type
6.9.5. Market Size and Forecast By End User
7. Competitive Landscape
7.1. Competitive Dashboard
7.2. Business Strategies Adopted by Key Players
7.3. Key Players Market Positioning Matrix
7.4. Porter's Five Forces
7.5. Company Profile
7.5.1. The Sherwin-Williams Company
7.5.1.1. Company Snapshot
7.5.1.2. Company Overview
7.5.1.3. Financial Highlights
7.5.1.4. Geographic Insights
7.5.1.5. Business Segment & Performance
7.5.1.6. Product Portfolio
7.5.1.7. Key Executives
7.5.1.8. Strategic Moves & Developments
7.5.2. BASF SE
7.5.3. Jotun Group
7.5.4. Sika AG
7.5.5. Hempel A/S
8. Strategic Recommendations
9. Annexure
9.1. FAQ`s
9.2. Notes
9.3. Related Reports
10. Disclaimer


List of Figures

Figure 1: Global Cement Paint Market Size (USD Billion) By Region, 2023 & 2030
Figure 2: Market attractiveness Index, By Region 2030
Figure 3: Market attractiveness Index, By Segment 2030
Figure 4: South America Cement Paint Market Size By Value (2019, 2023 & 2030F) (in USD Billion)
Figure 5: South America Cement Paint Market Share By Country (2023)
Figure 6: Brazil Cement Paint Market Size By Value (2019, 2023 & 2030F) (in USD Billion)
Figure 7: Argentina Cement Paint Market Size By Value (2019, 2023 & 2030F) (in USD Billion)
Figure 8: Colombia Cement Paint Market Size By Value (2019, 2023 & 2030F) (in USD Billion)
Figure 9: Porter's Five Forces of Global Cement Paint Market


List of Tables

Table 1: Global Cement Paint Market Snapshot, By Segmentation (2023 & 2030) (in USD Billion)
Table 2: Influencing Factors for Cement Paint Market, 2023
Table 3: Top 10 Counties Economic Snapshot 2022
Table 4: Economic Snapshot of Other Prominent Countries 2022
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: South America Cement Paint Market Size and Forecast, By Technology (2019 to 2030F) (In USD Billion)
Table 7: South America Cement Paint Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 8: South America Cement Paint Market Size and Forecast, By Type (2019 to 2030F) (In USD Billion)
Table 9: South America Cement Paint Market Size and Forecast, By End User (2019 to 2030F) (In USD Billion)
Table 10: Brazil Cement Paint Market Size and Forecast By Technology (2019 to 2030F) (In USD Billion)
Table 11: Brazil Cement Paint Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 12: Brazil Cement Paint Market Size and Forecast By Type (2019 to 2030F) (In USD Billion)
Table 13: Brazil Cement Paint Market Size and Forecast By End User (2019 to 2030F) (In USD Billion)
Table 14: Argentina Cement Paint Market Size and Forecast By Technology (2019 to 2030F) (In USD Billion)
Table 15: Argentina Cement Paint Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 16: Argentina Cement Paint Market Size and Forecast By Type (2019 to 2030F) (In USD Billion)
Table 17: Argentina Cement Paint Market Size and Forecast By End User (2019 to 2030F) (In USD Billion)
Table 18: Colombia Cement Paint Market Size and Forecast By Technology (2019 to 2030F) (In USD Billion)
Table 19: Colombia Cement Paint Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 20: Colombia Cement Paint Market Size and Forecast By Type (2019 to 2030F) (In USD Billion)
Table 21: Colombia Cement Paint Market Size and Forecast By End User (2019 to 2030F) (In USD Billion)
Table 22: Competitive Dashboard of top 5 players, 2023