According to a research report published by Spherical Insights & Consulting, the South Korea Paints and Coatings Market is anticipated to reach USD 5.4 billion by 2035, growing at a CAGR of 4.87% from 2025 to 2035. The market is being driven by growing urbanization and industrialization, which raise demand for paints and coatings in commercial, industrial, and residential construction projects.