Mexico - North America Paints And Coatings Market Size & Outlook
Global Market
Related Markets
Mexico paints and coatings market highlights
- The Mexico paints and coatings market generated a revenue of USD 4,676.9 million in 2025 and is expected to reach USD 6,587.3 million by 2033.
- The Mexico market is expected to grow at a CAGR of 4.4% from 2026 to 2033.
- In terms of segment, waterborne coatings was the largest revenue generating product in 2025.
- Powder coatings is the most lucrative product segment registering the fastest growth during the forecast period.
Paints and coatings market data book summary
| Market revenue in 2025 | USD 4,676.9 million |
| Market revenue in 2033 | USD 6,587.3 million |
| Growth rate | 4.4% (CAGR from 2026 to 2033) |
| Largest segment | Waterborne coatings |
| Fastest growing segment | Powder coatings |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radiation cured coatings, Powder coatings, Waterborne coatings, Solvent-borne coatings |
| Key market players worldwide | Jotun, Sherwin-Williams Co, Axalta Coating Systems Ltd, PPG Industries Inc, RPM International Inc, Basf SE ADR, Henkel AG & Co KGaA, Hempel, 3M Co, Akzo Nobel NV |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.1% of the global paints and coatings market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. paints and coatings market is projected to lead the regional market in terms of revenue in 2033.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 48,369.6 million by 2033.
In addition, rising focus toward green buildings in the country has contributed to several benefits such as energy-saving, improved air quality, low operational cost, and efficient waste management, which is expected to encourage the application of low-VOC emission coatings such as waterborne and powder-based coatings in the coming years.
In addition, low tariffs along with low production costs, on account of the broad reach of Mexico's free trade agreements, are expected to have a substantial influence in attracting significant investments in various end-use sectors including automotive, general industries, and building & construction.
No credit card required*
Publish Date: Apr 24, 2026
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
Paints And Coatings Market Scope
Paints And Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| 3M Co | View profile | 85,000 | 3M Center, St. Paul, MN, United States, 55144 | www.3m.com |
| Henkel AG & Co KGaA | View profile | 48,000 | Henkelstrasse 67, Duesseldorf, NW, Germany, 40589 | www.henkel.com |
| Akzo Nobel NV | View profile | 35,500 | Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW | www.akzonobel.com |
| PPG Industries Inc | View profile | 53,000 | One PPG Place, Pittsburgh, PA, United States, 15272 | www.ppg.com |
| Sherwin-Williams Co | View profile | 64,088 | 101 West Prospect Avenue, Cleveland, OH, United States, 44115-1075 | www.sherwin-williams.com |
| RPM International Inc | View profile | 17,274 | 2628 Pearl Road, P.O. Box 777, Medina, OH, United States, 44256 | www.rpminc.com |
| Axalta Coating Systems Ltd | View profile | 12,000 | 50 Applied Bank Boulevard, Suite 300, Glen Mills, PA, United States, 19342 | www.axalta.com |
| Basf SE ADR | View profile | 111,855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | www.basf.com |
| Jotun | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | www.jotun.com |
| Hempel | View profile | 5001-10000 | Lyngby, Hovedstaden, Denmark, Europe | www.hempel.com |
Mexico - North America Paints and Coatings Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Paints and Coatings Market Outlook will help companies and investors design strategic landscapes.
Waterborne Coatings was the largest segment with a revenue share of 43.06% in 2025.
Horizon Databook has segmented the Mexico - North America paints and coatings market based on radiation cured coatings, powder coatings, waterborne coatings, solvent-borne coatings covering the revenue growth of each sub-segment from 2021 to 2033.
In addition, rising focus toward green buildings in the country has contributed to several benefits such as energy-saving, improved air quality, low operational cost, and efficient waste management, which is expected to encourage the application of low-VOC emission coatings such as waterborne and powder-based coatings in the coming years.
In addition, low tariffs along with low production costs, on account of the broad reach of Mexico's free trade agreements, are expected to have a substantial influence in attracting significant investments in various end-use sectors including automotive, general industries, and building & construction.
- Mexico - North America Paints And Coatings Market Product Outlook (Revenue, USD Million , 2021-2033)
- Radiation cured coatings
- Powder coatings
- Waterborne coatings
- Solvent-borne coatings
Reasons to subscribe to Paints and Coatings Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Paints and Coatings Market Outlook databook
- Our clientele includes a mix of Paints and Coatings Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - North America Paints and Coatings Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Paints and Coatings Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Mexico - North America Paints And Coatings Market, 2021-2033 (US$M)
Mexico paints and coatings market statistics, by product, 2021-2033 (US$M)
