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EUROPE PAINTS & COATINGS MARKET FORECAST 2021-2028

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EUROPE PAINTS & COATINGS MARKET FORECAST 2021-2028

The Europe paints & coatings market is predicted to register a CAGR of 5.33%, during the forecast period of 2021 to 2028. The region’s market growth is attributed to factors, such as the rapidly growing automotive sector, the rising usage of protective coatings across the offshore wind turbine industry, and the growing investments within the European wind energy sector. The Europe paints & coatings market growth analysis includes the assessment of the United Kingdom, Russia, Italy, Poland, France, Belgium, Germany, and the rest of Europe.

EUROPE PAINTS & COATINGS MARKET FORECAST 2021-2028

Europe Paints & Coatings Market by Resin Type (Acrylic, Polyester, Alkyd, Epoxy, Polyurethane, Other Resin Type) by Technology (Waterborne, Solvent-borne, Powder Coatings, High Solids, Radiation Cured, Other Emerging Technologies) by Applications (Industrial (Automotive, Aerospace & Marine, Industrial Wood Coatings, Consumer Durables, General Industrial, Other Industrial Applications), Architectural (Interior, Exterior)) and by Geography.

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The Europe paints & coatings market is predicted to register a CAGR of 5.33%, during the forecast period of 2021 to 2028. The region’s market growth is attributed to factors, such as the rapidly growing automotive sector, the rising usage of protective coatings across the offshore wind turbine industry, and the growing investments within the European wind energy sector.
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The Europe paints & coatings market growth analysis includes the assessment of the United Kingdom, Russia, Italy, Poland, France, Belgium, Germany, and the rest of Europe. The United Kingdom’s economy has slowed, owing to the recent decision of Brexit. Moreover, the nation’s gross domestic product (GD) was 1.4% in 2016, and this figure is expected to contract over the upcoming years. Exports and foreign investments across the United Kingdom observe a declining trend, thereby adversely impacting the country’s markets. End-user sectors, such as the automotive industry, are also augmenting at a moderately lower rate. As a result, the United Kingdom’s paints & coatings market is anticipated to witness slow growth, during the forecast period.

Germany is globally acknowledged for its leadership across the automotive industry, as well as the excellence in the field of engineering. For instance, the nation’s automotive industry has continually expanded its global position, by virtue of building over 6 million new cars in 2016. Hence, the sector’s growth is anticipated to positively influence Germany’s paints and coatings market.

Jotun Group, headquartered in Norway, is a chemical company primarily dealing with paints and performance coatings, like protective marine and powder coatings. It manufactures, distributes, and sells exterior and interior paints to professionals and professionals, worldwide. The enterprise’s operations extend over 100 countries, globally, with 64 companies and 40 production facilities in 45 and 24 nations, respectively.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      •    KEY DRIVERS
        • GROWING CONSTRUCTION AND INFRASTRUCTURE INDUSTRY
        • DEMAND FROM AUTOMOTIVE OEM AND AFTERMARKET
      •    KEY RESTRAINTS
        • STRINGENCY IN REGULATIONS
        • UNCERTAINTY IN RAW MATERIAL PRICES
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON PAINTS & COATINGS MARKET
      • KEY INVESTMENT INSIGHTS
      •    PORTER’S FIVE FORCE ANALYSIS
        • BUYER POWER
        • SUPPLIER POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • VALUE CHAIN ANALYSIS
    2. MARKET BY RESIN TYPE
      • ACRYLIC
      • POLYESTER
      • ALKYD
      • EPOXY
      • POLYURETHANE
      • OTHER RESIN TYPE
    3. MARKET BY TECHNOLOGY
      • WATERBORNE
      • SOLVENT-BORNE
      • POWDER COATINGS
      • HIGH SOLIDS
      • RADIATION CURED
      • OTHER EMERGING TECHNOLOGIES
    4. MARKET BY APPLICATIONS
      •    INDUSTRIAL
        • AUTOMOTIVE
        • AEROSPACE & MARINE
        • INDUSTRIAL WOOD COATINGS
        • CONSUMER DURABLES
        • GENERAL INDUSTRIAL
        • OTHER INDUSTRIAL APPLICATIONS
      •    ARCHITECTURAL
        • INTERIOR
        • EXTERIOR
    1. GEOGRAPHICAL ANALYSIS
      •    EUROPE
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        •    COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • RUSSIA
          • BELGIUM
          • POLAND
          • REST OF EUROPE
    1. COMPETITIVE LANDSCAPE
      •    KEY STRATEGIC DEVELOPMENTS
        • MERGER & ACQUISITIONS
        • PRODUCT LAUNCH & DEVELOPMENTS
        • PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
        • BUSINESS EXPANSION
      •    COMPANY PROFILE
        • AKZO NOBEL NV
        • ASIAN PAINTS LIMITED
        • AXALTA COATING SYSTEMS LTD
        • BERGER PAINTS INDIA LIMITED
        • DAVIES PAINTS PHILIPPINES INC
        • HAYMES PAINT
        • JOTUN GROUP
        • KANSAI PAINT CO LTD
        • KOVA PAINT CO LTD
        • NIPPON PAINT HOLDINGS CO LTD
        • PACIFIC PAINT (BOYSEN) PHILIPPINES INC
        • PPG INDUSTRIES INC
        • PT PROPAN RAYA ICC
        • RPM INTERNATIONAL INC
        • THE SHERWIN-WILLIAMS COMPANY
        • TOA PAINT (THAILAND) PUBLIC COMPANY LIMITED

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – PAINTS & COATINGS

    TABLE 2: EUROPE PAINTS & COATINGS MARKET, BY RESIN TYPE, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)

    TABLE 3: EUROPE PAINTS & COATINGS MARKET, BY RESIN TYPE, FORECAST YEARS, 2021-2028 (IN $ BILLION)

    TABLE 4: EUROPE PAINTS & COATINGS MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)

    TABLE 5: EUROPE PAINTS & COATINGS MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2028 (IN $ BILLION)

    TABLE 6: EUROPE PAINTS & COATINGS MARKET, BY APPLICATIONS, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)

    TABLE 7: EUROPE PAINTS & COATINGS MARKET, BY APPLICATIONS, FORECAST YEARS, 2021-2028 (IN $ BILLION)

    TABLE 8: EUROPE PAINTS & COATINGS MARKET, BY INDUSTRIAL APPLICATIONS, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)

    TABLE 9: EUROPE PAINTS & COATINGS MARKET, BY INDUSTRIAL APPLICATIONS, FORECAST YEARS, 2021-2028 (IN $ BILLION)

    TABLE 10: EUROPE PAINTS & COATINGS MARKET, BY ARCHITECTURAL APPLICATIONS, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)

    TABLE 11: EUROPE PAINTS & COATINGS MARKET, BY ARCHITECTURAL APPLICATIONS, FORECAST YEARS, 2021-2028 (IN $ BILLION)

    TABLE 12: EUROPE PAINTS & COATINGS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)

    TABLE 13: EUROPE PAINTS & COATINGS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ BILLION)

    TABLE 14: LEADING PLAYERS OPERATING IN EUROPE PAINTS & COATINGS MARKET

     LIST OF FIGURES

    FIGURE 1: KEY INVESTMENT INSIGHTS

    FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: VALUE CHAIN ANALYSIS

    FIGURE 6: EUROPE PAINTS & COATINGS MARKET, GROWTH POTENTIAL, BY RESIN TYPE, IN 2020

    FIGURE 7: EUROPE PAINTS & COATINGS MARKET, BY ACRYLIC, 2021-2028 (IN $ BILLION)

    FIGURE 8: EUROPE PAINTS & COATINGS MARKET, BY POLYESTER, 2021-2028 (IN $ BILLION)

    FIGURE 9: EUROPE PAINTS & COATINGS MARKET, BY ALKYD, 2021-2028 (IN $ BILLION)

    FIGURE 10: EUROPE PAINTS & COATINGS MARKET, BY EPOXY, 2021-2028 (IN $ BILLION)

    FIGURE 11: EUROPE PAINTS & COATINGS MARKET, BY POLYURETHANE, 2021-2028 (IN $ BILLION)

    FIGURE 12: EUROPE PAINTS & COATINGS MARKET, BY OTHER RESIN TYPE, 2021-2028 (IN $ BILLION)

    FIGURE 13: EUROPE PAINTS & COATINGS MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2020

    FIGURE 14: EUROPE PAINTS & COATINGS MARKET, BY WATERBORNE, 2021-2028 (IN $ BILLION)

    FIGURE 15: EUROPE PAINTS & COATINGS MARKET, BY SOLVENT-BORNE, 2021-2028 (IN $ BILLION)

    FIGURE 16: EUROPE PAINTS & COATINGS MARKET, BY POWDER COATINGS, 2021-2028 (IN $ BILLION)

    FIGURE 17: EUROPE PAINTS & COATINGS MARKET, BY HIGH SOLIDS, 2021-2028 (IN $ BILLION)

    FIGURE 18: EUROPE PAINTS & COATINGS MARKET, BY RADIATION CURED, 2021-2028 (IN $ BILLION)

    FIGURE 19: EUROPE PAINTS & COATINGS MARKET, BY OTHER EMERGING TECHNOLOGIES, 2021-2028 (IN $ BILLION)

    FIGURE 20: EUROPE PAINTS & COATINGS MARKET, GROWTH POTENTIAL, BY APPLICATIONS, IN 2020

    FIGURE 21: EUROPE PAINTS & COATINGS MARKET, BY INDUSTRIAL, 2021-2028 (IN $ BILLION)

    FIGURE 22: EUROPE PAINTS & COATINGS MARKET, GROWTH POTENTIAL, BY INDUSTRIAL APPLICATIONS, IN 2020

    FIGURE 23: EUROPE PAINTS & COATINGS MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ BILLION)

    FIGURE 24: EUROPE PAINTS & COATINGS MARKET, BY AEROSPACE & MARINE, 2021-2028 (IN $ BILLION)

    FIGURE 25: EUROPE PAINTS & COATINGS MARKET, BY INDUSTRIAL WOOD COATINGS, 2021-2028 (IN $ BILLION)

    FIGURE 26: EUROPE PAINTS & COATINGS MARKET, BY CONSUMER DURABLES, 2021-2028 (IN $ BILLION)

    FIGURE 27: EUROPE PAINTS & COATINGS MARKET, BY GENERAL INDUSTRIAL, 2021-2028 (IN $ BILLION)

    FIGURE 28: EUROPE PAINTS & COATINGS MARKET, BY OTHER INDUSTRIAL APPLICATIONS, 2021-2028 (IN $ BILLION)

    FIGURE 29: EUROPE PAINTS & COATINGS MARKET, BY ARCHITECTURAL, 2021-2028 (IN $ BILLION)

    FIGURE 30: EUROPE PAINTS & COATINGS MARKET, GROWTH POTENTIAL, BY ARCHITECTURAL, IN 2020

    FIGURE 31: EUROPE PAINTS & COATINGS MARKET, BY INTERIOR, 2021-2028 (IN $ BILLION)

    FIGURE 32: EUROPE PAINTS & COATINGS MARKET, BY EXTERIOR, 2021-2028 (IN $ BILLION)

    FIGURE 33: EUROPE PAINTS & COATINGS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 34: UNITED KINGDOM PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)

    FIGURE 35: GERMANY PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)

    FIGURE 36: FRANCE PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)

    FIGURE 37: ITALY PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)

    FIGURE 38: RUSSIA PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)

    FIGURE 39: BELGIUM PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)

    FIGURE 40: POLAND PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)

    FIGURE 41: REST OF EUROPE PAINTS & COATINGS MARKET, 2021-2028 (IN $ BILLION)

    1. GEOGRAPHICAL ANALYSIS
      •    EUROPE
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        •    COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • RUSSIA
          • BELGIUM
          • POLAND
          • REST OF EUROPE
    1. MARKET BY RESIN TYPE
      • ACRYLIC
      • POLYESTER
      • ALKYD
      • EPOXY
      • POLYURETHANE
      • OTHER RESIN TYPE
    2. MARKET BY TECHNOLOGY
      • WATERBORNE
      • SOLVENT-BORNE
      • POWDER COATINGS
      • HIGH SOLIDS
      • RADIATION CURED
      • OTHER EMERGING TECHNOLOGIES
    3. MARKET BY APPLICATIONS
      •    INDUSTRIAL
        • AUTOMOTIVE
        • AEROSPACE & MARINE
        • INDUSTRIAL WOOD COATINGS
        • CONSUMER DURABLES
        • GENERAL INDUSTRIAL
        • OTHER INDUSTRIAL APPLICATIONS
      •    ARCHITECTURAL
        • INTERIOR
        • EXTERIOR

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