South America Paints and Coatings Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

South America's Paints and Coatings Market Report is Segmented by Resin Type (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, and Other Resin Types), Technology (Water-Borne, Solvent-Borne, Powder Coating, and UV-Cured Coating), End-User Industry (Architectural, Automotive, Wood, Protective Coatings, General Industrial and Other End-User Industries), and Geography (Brazil, Argentina, Colombia, Chile, Peru, and the Rest of South America). The Market Size and Forecasts Have Been Done On the Basis of Value (USD) for Each Segment.

South America Paints and Coatings Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

South America Paints and Coatings Market Size

View Global Report
South America Paints And Coatings Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 6.54 Billion
Market Size (2030) USD 8.35 Billion
CAGR (2025 - 2030) 5.00 %
Market Concentration Medium

Major Players

South America Paints and Coatings Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of South America Paints And Coatings Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

South America Paints and Coatings Market Analysis

The South America Paints And Coatings Market size is estimated at USD 6.54 billion in 2025, and is expected to reach USD 8.35 billion by 2030, at a CAGR of greater than 5% during the forecast period (2025-2030).

The COVID-19 pandemic negatively impacted the South American paints and coatings industry. Following the initial impact, the industry has experienced a decline in demand due to the shutdown of numerous factories and construction sites. Consequently, paint and coating production declined and disrupted the supply chain. Currently, the market has recovered from the pandemic. The market reached pre-pandemic levels in 2022 and is expected to grow at a moderate pace in the coming years.

  • Major factors driving the market studied are the growing construction industry in the region and the increasing demand from the automotive sector.
  • It is anticipated that stringent regulations on using VOC-free materials are expected to hinder market growth.
  • The increasing demand for bio-based paints and coatings and the growing presence of the aerospace sector in the region are expected to provide growth opportunities in the market.
  • The architectural sector dominated the end-user segment of the market in South America.

South America Paints and Coatings Industry Overview

The South American paints and coatings market is partially consolidated. The major companies (not in particular order) include PPG Industries, Inc., Akzo Nobel N.V., Jotun, Axalta Coating Systems, and The Sherwin William Company.

South America Paints and Coatings Market Leaders

  1. PPG Industries, Inc.

  2. Akzo Nobel N.V.

  3. Jotun

  4. Axalta Coating Systems

  5. The Sherwin William Company

  6. *Disclaimer: Major Players sorted in no particular order
South America Paints And Coatings Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

South America Paints and Coatings Market News

  • January 2023: BASF expanded its automotive paints and coatings product portfolio by adding colors such as yellow, orange, green, and violet. In South America, white, silver, and beige automotive paints dominate the market.
  • April 2022: Akzo Nobel N.V. strengthened its Latin American presence by acquiring Grupo Orbis, a Colombian paints and coatings firm. Grupo Orbis generates USD 379.37 million in Central America and South America. The sale contained Pintuco paints and coatings, Andercol and Poliquim (resins, emulsions, adhesives, and specialty chemicals), Mundial (paints and related product delivery services), and Centro de Servicios Mundial (shared services center). Pintuco offers a wide range of products in ten nations, with 75% decorative paints and 25% coatings, making income synergies.

South America Paints and Coatings Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Growing Construction Industry in the Region
    • 4.1.2 Increasing Applications and Usage in the Automotive Sector
    • 4.1.3 Other Drivers
  • 4.2 Restraints
    • 4.2.1 Stringent Environmental Regulations Related to VOC-Emissions
    • 4.2.2 Other Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Value)

  • 5.1 Resin Type
    • 5.1.1 Acrylics
    • 5.1.2 Epoxy
    • 5.1.3 Alkyd
    • 5.1.4 Polyester
    • 5.1.5 Polyurethane
    • 5.1.6 Other Resin Types (Polypropylene, Etc.)
  • 5.2 Technology
    • 5.2.1 Water-borne
    • 5.2.2 Solvent-borne
    • 5.2.3 Powder Coating
    • 5.2.4 UV-cured Coating
  • 5.3 End-User Industry
    • 5.3.1 Architectural
    • 5.3.2 Automotive
    • 5.3.3 Wood
    • 5.3.4 Industrial
    • 5.3.5 Other End-user Industries
  • 5.4 Geography
    • 5.4.1 Brazil
    • 5.4.2 Argentina
    • 5.4.3 Colombia
    • 5.4.4 Chile
    • 5.4.5 Peru
    • 5.4.6 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)**/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Akzo Nobel N.V.
    • 6.4.2 Axalta Coating Systems
    • 6.4.3 BASF SE
    • 6.4.4 Hempel
    • 6.4.5 Jotun
    • 6.4.6 Lanco Paints
    • 6.4.7 PPG Industries, Inc.
    • 6.4.8 Renner Herrmann S.A.
    • 6.4.9 The Sherwin William Company
    • 6.4.10 WEG Coatings
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Increasing Demand for Bio-based and Eco-friendly Paints and Coatings
  • 7.2 Growing Opportunities in the Aerospace Sector
**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

South America Paints and Coatings Industry Segmentation

Paints and coatings are thin layers of substance added to a surface to protect, beautify, or improve its usefulness. Paints are usually aqueous solutions, while coatings are often applied using solvent-based systems. In most cases, a brush, scraper, and sprinkler are used to apply them. The major raw materials utilized in producing paints and coatings are resins, pigments, solvents, and other materials.

The market is segmented by resin type, technology, end-user industry, and geography. By resin type, the market is segmented into acrylic, alkyd, polyurethane, epoxy, polyester, and other resin types (polypropylene, etc.). By technology, the market is segmented into water-borne, solvent-borne, powder, and UV-cured coating. By end-user industry, the market is segmented into architectural, automotive, wood, industrial, and other end-user industries. The report also covers the market size and forecasts for the market in 5 countries across the region.

For each segment, the market sizing and forecasts have been done on the basis of value (USD).

Resin Type Acrylics
Epoxy
Alkyd
Polyester
Polyurethane
Other Resin Types (Polypropylene, Etc.)
Technology Water-borne
Solvent-borne
Powder Coating
UV-cured Coating
End-User Industry Architectural
Automotive
Wood
Industrial
Other End-user Industries
Geography Brazil
Argentina
Colombia
Chile
Peru
Rest of South America
Need A Different Region or Segment?
Customize Now

South America Paints and Coatings Market Research Faqs

How big is the South America Paints And Coatings Market?

The South America Paints And Coatings Market size is expected to reach USD 6.54 billion in 2025 and grow at a CAGR of greater than 5% to reach USD 8.35 billion by 2030.

What is the current South America Paints And Coatings Market size?

In 2025, the South America Paints And Coatings Market size is expected to reach USD 6.54 billion.

Who are the key players in South America Paints And Coatings Market?

PPG Industries, Inc., Akzo Nobel N.V., Jotun, Axalta Coating Systems and The Sherwin William Company are the major companies operating in the South America Paints And Coatings Market.

What years does this South America Paints And Coatings Market cover, and what was the market size in 2024?

In 2024, the South America Paints And Coatings Market size was estimated at USD 6.21 billion. The report covers the South America Paints And Coatings Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South America Paints And Coatings Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

South America Paints and Coatings Industry Report

Statistics for the 2025 South America Paints And Coatings market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Paints And Coatings analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.