Cement Paints Market Growth, Demand, and Production Forecast 2034

Cement Paints Market Growth, Innovations, and Market Size Forecast 2034

The global cement paints  market size was valued at USD 5.89 billion in 2024 and is estimated to reach around USD 8.11 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 3.25% during the forecast period 2025 to 2034. The rapid growth in the construction industry demand paints for interior and exterior surfaces accelerate the market growth.

Cement Paints Market Key Takeaways

• North America cement paints market captured the largest market share of 37.67% in 2024.
• The Asia Pacific cement paints industry is expected to exhibit the fastest growth over the forecast period. 
• By type, the oil-based segment dominated the cement paints industry with a revenue share of 65.88%.in 2024.
• By type, the dry segment is expected to grow at the fastest rate in the market during the forecast period.
• By technology, the waterproof segment dominated the market and accounted for the largest revenue share of 39.11% in 2024. 
• By technology, the acrylic segment is expected to register a significant CAGR during the forecast period.
• By application, the exterior segment dominated the market and captured the largest revenue share of 64.4% in 2024.
• By application, the interior segment is expected to register a significant CAGR during the forecast period. 
• By end use, the residential segment dominated the market and held the largest market share of 37.9% in 2024.
• By end use, the commercial segment is expected to grow at the fastest rate in the market during the forecast period.

Cement Paints Market Overview

Cement paint is water-based paint, and it forms a tough coating on the interior or exterior surfaces of the building, dams, bungalows, bridges, and many more. This paint helps to prevent seepage and dirt collection. It provides sustainability, quality, and a unique look to the building. There are a wide variety of cement paints available, such as emulsion, distemper, enamel, synthetic rubber, waterproof, anti-corrosive, oil, aluminium, acrylic, and many more. It is available in various colors and made up of white cement, lime, pigments, and additives. Rising demand for durable and weather-resistant coating due to rapid growth in construction activities propels market growth. Factors like rapid urbanization, renovation, long-lasting capacity, harsh-weather resistance, water-resistance, and sustainable coating are responsible for the growth of the cement paints market.

Accelerating Urbanization Rises Demands for Cement Paints

Rising urbanization in the world is the leading factor for the growth of cement paints. Rapid growth in construction rates due to urbanization demands durable and affordable paint options for interior and exterior coating surfaces. Rise construction in infrastructure projects like roads, bridges, and public buildings demands cement paints due to their water-resistant and corrosion-resistant properties. The availability of disposable income encourages people to renovate their homes to give them a pleasant look.

Industries like automotive and manufacturing demand cement coating to protect equipment from corrosion. Growing environmental concerns in urbanized areas demand lower volatile organic compounds that increase the demand for cement paints. Growing commercial areas such as retail, offices, restaurants, and businesses demand a pleasant aesthetic look to create a nice environment. As urban region extends, the requirement of housing and commercial construction also increases that is key driver for the market.

Cement Paints Market Trends

• Lower maintenance: Cement paints easily clean dirt, dust, and stains on surfaces due to this, it is easy to maintain. Homeowners, builders, and contractors demand this kind of paint.
• Growing construction: Rising commercial and residential construction demands durable, long-lasting, and cost-effective solutions.
• Rising adoption of eco-friendly products: Consumers are aware of various environmental concerns, and they are giving preference to eco-friendly products that increase demand for cement paints due to their lower volatile compound emission.
• Customization & personalization: Cement paints provide customization options to their consumer by offering different colors, finishes, and textures. Consumers can create personalized designs and styles.
• Rising social media: Consumers can see various designs and aesthetics on social media that help in the growth of the market. Companies can easily advertise their product through social media and gain consumers' attention easily.
• Cost-effectiveness and versatility: Cement paints can be applied to various surfaces like walls, ceilings, concrete, and many more due to their affordable nature. Cement paints are applied to the internal and external surfaces of buildings and offices.

Cement Paints Market Report Scope

Cement Paints Market Opportunity

Advancements Transform the Journey of Cement Paints

Technological advancements are creating key opportunities in the growth of the cement paints market. An increased focus on creating sustainability and reducing carbon footprints attracts eco-conscious consumers. Advancement in enhancing durability, strong weather resistance, and high humid resistance creates an opportunity for the market. The creation of strong adhesion and flexibility in cement paints reduced the risk of scratches, cracks, and peeling.

Enhancing colors options in cement paints influences more consumer and changes their perception. Improving the drying time of cement paint can influence people. Developing innovative, odourless paint can attract consumers who are sensitive to strong smell. Advancement in digital visualization is going to create a strong opportunity for cement paints.

Cement Paints Market Challenge

Fluctuating Raw Material Prices Hamper Market Growth

Despite several advantages of cement paints, fluctuating raw material prices may hamper the growth of the market. Cement paints require raw materials like cement, pigments, and additives. These raw materials prices are dependent on factors like supply, demand, and transportation of material. Supply chain disruptions of raw materials result in increased prices and material shortages that collectively restraining the growth of the cement paints market. 

Cement Paints Market Regional Insights 

North America powerhouse of cement paint.

North America holds the largest share of the cement paints market. Rapid urbanization and strong infrastructure development in the region drive the market growth. The region is giving preference to sustainable building, and the usage of eco-friendly material fuels the market growth. Rising construction such as residential, commercial, and infrastructure projects and the presence of key players in the region like Asian Paint, Kansai Nerolac Paints, and many more help in market growth. Furthermore, growing construction rate and infrastructure development in countries like the United States and Canada propels the growth of the market in the region.  

Rising expansion of cement paint in the Asia-Pacific

Asia Pacific is the fastest-growing cement paints market during the forecast period. The rising need for affordable and durable paints due to growing urbanization and infrastructure development drives the growth of the market. In countries like India, China, and Indonesia, governments are promoting low-cost housing and large-scale construction proposals, increasing demand for cement paints and further driving the growth of the market. The rising population and extreme weather conditions that demand long-lasting and durable paints drive the growth of the market.

Segmental Insights Cement Paints Market

By Type

The oil-based segment dominated the cement paints market in 2024. The rising demand for durable, water-resistant, and moisture-resistant paints drives the growth of the market. This kind of paint provides a strong barrier and protects from damage caused by moisture, weather, and environmental factors. The wide application of paint on various surfaces like concrete, walls, doors, metals, windows, and wood drives the growth of the market. 

The dry paints expect the fastest growth in the cement paints market during the forecast period. Its growing application in both interior and exterior surfaces due to its cost-effectiveness and easy application drives the growth of the market. These paints consist of lower volatile organic compounds, and this makes them an eco-friendly choice. Rising construction worldwide and the long-lasting effect of dry cement fuels the growth of the market.

By Technology

The waterproof segment dominated the cement paints market in 2024. The ability to protect from water damage and extend the lifespan of construction drives the growth of the market. It protects buildings' internal walls, external walls, and foundations from corrosion, deterioration, and structural failure. Rising technological innovations in waterproof paints that enhance the performance of solutions. Furthermore, growing urbanization and wide applications of cement paints in basements, roofs, retaining walls, and many more fuels the market growth. 

The acrylic segment expects the notable growth in the market during the forecast period. Rising consumer awareness regarding environmental concerns demands paints that have lower volatile organic compound fuels the growth of the market. The strong colors retention property and versatile applications in both interior and exterior surfaces drive the growth of the market. Additionally, increasing demand from the automotive and manufacturing industries fuels the market growth.

By Application

The exterior segment dominated the cement paints market in 2024. Cement paints provide strong protection against water penetration, stormy weather, dust, and dirt, which fuels the growth of the market. This paint sustains in extreme weather conditions such as heavy rain, high temperatures, UV rays, and humidity and protects the exterior surfaces of buildings and infrastructure. Cement paints protect exterior surfaces from algae and fungi growth and provide a pleasant appearance. Additionally, the wide application of cement paints on surfaces like concrete, plaster, and brick drives the market growth. 

The interior paints segment expects the fastest growth in the cement paints market during the forecast period. Rising demand for sustainable and eco-friendly choices and low maintenance cost drives the market growth. Cement paints create an aesthetic look inside houses and offices. Furthermore, cement paints are cost-effective than other paints, and their longer lifespan lowers the need for frequent internal painting driving the market growth.

By End Use

The residential segment holds the largest share of the cement paints market. Rapid growth in home construction and renovations demands durable, long-lasting, and water-resistant paints, driving the market growth. Growing homeowners' demand for aesthetic look helps in the growth of the market. Additionally, government initiatives regarding affordable houses and large-scale infrastructure projects propel the market growth. 

The commercial segment expects the significant growth in the market during the forecast period. The rising demand from offices, retail spaces, and hospitality venues for creating aesthetic looks drives the growth of the market. It is widely used in exterior walls due to its water resistance and dirt retention ability.

Cement Paints Market Recent Developments

• In January 2025, Cloverdale Paint collaborated with Celanese Corporation to introduce sustainable paint solutions using Celanese’s carbon capture and utilization technology. This team-up will introduce new environment-friendly solutions. This collaboration focuses on using sustainable materials, reducing waste, and lowering carbon footprints.
• In May 2024, JK Maxx Paints launched a new campaign, #SingleBrandSharmaji, for home beautification. The company's aim is to provide premium home beautification solutions. The company offers a wide variety of wall, wood, metal paints, textures, designer finishes with superior performance, longevity, and visual appeal.

Cement Paints Market Top Companies List

• BASF Coatings 
• Asian Paints
• Jotun
• Nippon Paint Holding Co., Ltd.
• Asian Paints
• Africa Paints
• Dulux
• Berger Paints India
• PPG Industries
• Kansai Nerolac Paints Ltd.
• Shawcor Ltd.
• Tata Pigments
• Johnson Paints 
• Farrow & Ball Ltd.
• The Sherwin-Williams Company
• Acro Paints Ltd.
• Sika AG
• Kreidezeit

Segments Covered In The Report

By Type

• Oil-Based
• Dry

By Technology 

• Waterproof
• Acrylic
• Synthetic
• Others

By Application 

• Interior
• Exterior

By End-Use 

• Residential
• Industrial
• Commercial

By Regional 

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa