European Paints and Coatings Market is expected to reach US $34.80 billion, thanks to growth in the Technology, Resin Type, and Application segment. The report analyzes market dynamics by region and end-user industries.
European Paints and Coatings Market Overview
Maximize Market Research's new report on the Global European Paints and Coatings Market 2023-2029 is a valuable resource for understanding the market's competitors and gaining key business insights. The report provides a comprehensive overview of the market, including its value chain structure, geographical analysis, applications, market size, and forecast (2023-2029). This information can be used to make more informed decisions about the current and future state of the global European Paints and Coatings market.
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European Paints and Coatings Market Scope
The report focuses on the key factors that are driving and restraining the growth of the European Paints and Coatings market, as well as the competitive landscape and future prospects. It provides insights into the current and future market trends, demand chain, supply chain, and sales, as well as recent changes in the market.
The report also includes company profiles of the key players in the European Paints and Coatings market, including their overview, financial performance, product portfolio, and strategies. It also uses SWOT and PESTLE analysis to provide a comprehensive view of the market.
European Paints and Coatings Market Segmentation
Solvent-based, Water-based, Powder coatings, and UV cured coatings are the four categories into which the European Paints and Coatings market is divided based on technology. Due to the growing use of these paints in the construction and automotive industries, the solvent-based category dominated the European market in 2019 and controlled xx% of total revenues. However, the water-based segment is anticipated to rise rapidly with a CAGR of xx% throughout the projected period, driving up demand for organic products.
The European paints and coatings market is divided into the following seven kinds based on the type of resin used: acrylic, alkyd, epoxy, polyester, polyurethane, fluoropolymer, vinyl, and others.
In terms of sales, the Acrylic category led the European market in 2019 and controlled xx% of it. Throughout the projection period, the segment is anticipated to expand at a CAGR of xx%. There are many other ways to use acrylics, such as latex emulsions, lacquers, enamels, and powders. The most common kind of acrylic paint is latex paint.
The European paints and coatings industry is divided into nine categories based on application, including protective coatings, toys, general industrial, automotive, packaging, transportation, and wood. In terms of revenue in 2019, the Architectural category dominated the entire European market and held xx% of the market. Throughout the projection period, the segment is anticipated to expand at a CAGR of xx%. Examples of decorative interiors that make use of architectural coatings include wall paintings, wood flooring, sculptures, and furniture. As more people become environmentally conscious, the coatings industry has adapted to make low-cost, high-quality products with value-added characteristics that also reflect global trends. As safety rules increase, building fireproof and waterproof coatings will likewise be more popular.
Market Size (Value) Estimates & Forecast By Technology, 2019-2027
1. Solvent-based
2. Water-based
3. Powder coatings
4. UV cured coatings
Market Size (Value) Estimates & Forecast By Resin Type, 2019-2027
1. Acrylic
2. Alkyd
3. Epoxy
4. Polyester
5. Polyurethane
6. Fluoropolymer
7. Vinyl
Market Size (Value) Estimates & Forecast By Application, 2019-2027
1. Protective Coatings
2. Transportation
3. Packaging
4. Automotive
5. Wood
6. General Industrial
7. Architectural
8. Toys
9. Others
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European Paints and Coatings Market Key Players
• Akzo Nobel N.V.
• Axalta Coating Systems
• BASF SE
• Beckers Group
• Brillux GmbH & Co. KG
• Cromology
• DAW SE
• Fujikura Kasei Co. Ltd.
• Hempel A/S
• Henkel AG & Co. KGaA
• Jotun
• J.W. Ostendorf
• Kansai Paints Co. Ltd.
• Mankiewicz Gebr. & Co.
• Metlac Spa
• National Paints Factories Co. Ltd
• PPG Industries, Inc.
• RPM International Inc.
• Shawcor
• Sika Ag
• Teknos Group
• The Sherwin-Williams Company
• TIGER Coatings GmbH & Co. KG
• Others
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European Paints and Coatings Market Regional Analysis
The global European Paints and Coatings Market's growth trend is examined in depth throughout the report. It divides the major 5 regions, such as North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa, which have global dominance in the European Paints and Coatings market.
Key Questions answered in the European Paints and Coatings Market Report are:
- What are the European Paints and Coatings market segments?
- What are the global trends in the European Paints and Coatings Market?
- What are the major challenges that the European Paints and Coatings Market could face in the future?
- How is the intervention from regulatory authority shaping the European Paints and Coatings Market?
- Who are the European Paints and Coatings key players in the industry?
- What growth strategies are the players considering to increase their presence in European Paints and Coatings Market?
- Which region held the largest European Paints and Coatings market share in 2022?
- Which regional European Paints and Coatings market is expected to grow rapidly during the forecast period?
Key offerings:
- A detailed Market Overview
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
- Recommendations
- Key Findings
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