The global texture paints market size stood at USD 12.33 billion in 2022. The market revenue is anticipated to rise from USD 12.86 billion in 2023 to USD 17.74 billion by 2030, registering a CAGR of 4.7% from 2023 to 2030.
The increasing need for specialized coatings to create a textured surface on walls or other surfaces is driving the demand for texture paints. They have different forms, including coarse, medium, or fine textures.
Texture paints refer to a variety of paints that are formulated with additives or techniques to create textured surfaces when applied. These paints are commonly used in interior and exterior decoration to add depth, dimension, and visual interest to walls, ceilings, and other surfaces. Here are some common types of texture paints:
- Sand Texture Paint: These paints contain fine grains of sand or silica to create a gritty texture. They are often used to simulate the look and feel of stucco or rough plaster.
- Popcorn Texture Paint: Also known as acoustic texture paint, it creates a bumpy, popcorn-like texture on ceilings. It’s often used for acoustic purposes as it can help reduce sound reverberation.
- Knockdown Texture Paint: This type of paint creates a textured surface that is then lightly troweled or “knocked down” to flatten the peaks, leaving a mottled appearance. It’s popular for ceilings and walls.
- Venetian Plaster: While not technically a paint, Venetian plaster is a technique involving multiple layers of plaster mixed with marble dust, creating a smooth, glossy finish with depth and texture.
- Magnetic Texture Paint: These paints contain iron particles, allowing magnets to adhere to the painted surface. They are often used for creating magnetic walls in homes or offices.
- Crackle Texture Paint: This paint creates a cracked or aged appearance when it dries, often used to give furniture or walls a vintage or distressed look.
- Suede Texture Paint: Suede paints create a soft, suede-like texture when applied. They are often used to add warmth and depth to interior walls.
- Textured Rollers or Brushes: In addition to specialized paints, textured rollers or brushes can be used with regular paint to create various textures, such as stippling or faux finishes.
When using texture paints, it’s important to follow the manufacturer’s instructions for application and drying times to achieve the desired result. Additionally, proper surface preparation is crucial for ensuring good adhesion and a uniform texture.
Segments
Increased Demand for Acrylic Resins due to their Versatile and Durable Properties Propelled Segment Growth
On the basis of resin type, the market is bifurcated into acrylic and others. The acrylic segment secured the larger texture paints market share. Increased demand for acrylic resins due to their versatile and durable properties is driving segment growth.
Rising Adoption of Water-based Technology due to Its Advantages Boosted Segment Growth
By technology, the market is classified into water-based and solvent-based. The water-based segment dominated the global market. The segment growth is attributed to its advantages, such as quick drying and easier application.
Rising Need for Interior Decoration to Fuel Segment Growth
Based on product type, the market is segregated into interior and exterior. The interior segment is set to rise at a higher CAGR over the forecast period. Rising demand for texture paint arts for interior decoration is propelling the segment expansion. Increasing preference for a unique and visually appealing surface is also supporting segment expansion.
Increased Demand for Personalized and Customized Home Décor FosteredResidential Segment Growth
In terms of application, the market is categorized into residential and non-residential. The residential segment accounted for a significant market share. Increased demand for personalized and customized home décor is propelling segment expansion.
From the regional ground, the market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Drivers and Restraints
Rising Demand for Texture Paints due to their Superior Properties to Augment Market Progress
Increasing demand for texture paints to provide durability and resistance to wear and tear is projected to boost market growth in the coming years. The textured finish can assist in concealing minor imperfections on surfaces, offering long-lasting and visually appealing coatings. Surging demand for aesthetic appeal in residential and non-residential spaces is accelerating market expansion. Growing preference for these paints over regular paints as they have better coverage and hide blemishes more effectively is augmenting the market expansion. Rapid integration of texture painting techniques to improve living or working spaces due to their superior properties is fueling market growth.
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Texture paints are utilized for various purposes in both residential and commercial settings. Here are some common uses:
- Interior Walls: Texture paints are frequently used to add visual interest and depth to interior walls. They can help cover imperfections in the wall surface and create a unique aesthetic. Different textures can be applied to different rooms or accent walls to enhance the overall design scheme.
- Ceilings: Texture paints are often applied to ceilings to mask imperfections and add dimension. Popcorn texture paint, for example, is commonly used on ceilings for its acoustic properties and ability to hide flaws.
- Exterior Walls: Texture paints can be used on exterior walls to provide protection from the elements while also adding decorative appeal. They can mimic the look of stucco, brick, or stone, enhancing the curb appeal of a building.
- Furniture: Texture paints can be applied to furniture surfaces to create unique finishes and textures. Crackle texture paint, for instance, can give furniture a distressed or aged appearance, while suede texture paint can add a soft, tactile feel.
- Artwork: Artists often use texture paints to add dimension and tactile interest to their artwork. Texture paints can be applied with brushes, palette knives, or other tools to create intricate textures and patterns on canvas or other surfaces.
- Accent Features: Texture paints can be used to highlight architectural features such as columns, arches, or moldings. By applying texture paint to these features, they can stand out and become focal points within a space.
- Specialized Applications: Certain texture paints, such as magnetic texture paint or heat-resistant texture paint, have specialized applications. Magnetic texture paint can be used to create magnetic walls for displaying artwork or notes, while heat-resistant texture paint can be applied to surfaces near stoves or fireplaces to protect against heat damage.
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