European Paints and Coatings Market Report Overview
The European Paints and Coatings Market report amalgamates data sourced from secondary and primary research to furnish insights into a particular market segment. Combining quantitative and qualitative analysis, it spans the period from 2023 to 2030, offering a comprehensive view of the industry. Segmentation of the market enables a detailed examination of the European Paints and Coatings industry from multiple perspectives. Within the European Paints and Coatings market research detailed forecasts, developments, and revenue forecasts are extensively considered providing stakeholders with valuable insights into the market landscape and prospects.
European Paints and Coatings Market Report Scope and Research Methodology
The European Paints and Coatings market is a dynamic and growing sector in the food and cosmetics industries. The research methodology employed in evaluating the European Paints and Coatings Market involves a multifaceted approach. The European Paints and Coatings Market research experts gather data from primary and secondary sources. Primary research includes direct interactions with industry experts, manufacturers, suppliers, and consumers to gain insights, into market trends, consumer preferences, and product demand. Surveys and focus group discussions including collecting new data for a specific research problem are the primary research tools. Secondary research involves analyzing existing data from reputable sources such as market reports, industry publications, government agencies, and academic journals. Historical European Paints and Coatings market trends, competitor analysis, regulatory frameworks, and Data analysis techniques, including statistical modeling, are applied to interpret the gathered information. This aids in making accurate market forecasts and assessing future growth prospects.
The European Paints and Coatings Market research methodology also considers geographical segmentation, examining regional variations in consumer preferences and market dynamics. It takes into account factors such as climate, cultural influences, and economic conditions that impact European Paints and Coatings consumption. Maximize market research methodology, combining primary and secondary research, data analysis, and regional assessment, ensures a comprehensive and reliable understanding of the European Paints and Coatings Market, providing valuable insights for stakeholders, businesses, and decision-makers in these industries
Examination and Advancement of the European Paints and Coatings Market:
The European Paints and Coatings market was valued at US $30.06 Bn. in 2019, and it is expected to reach US $34.80 Bn. by 2027 with a CAGR of 2.47% during the forecast period.
European Paints and Coatings Market Regional Insights
The European Paints and Coatings market report provides comprehensive coverage of regions including North America, Europe, Asia Pacific, South America, and the Middle East&Africa. It offers insights into the market trends prevalent in these regions, allowing stakeholders to understand the dynamics shaping the European Paints and Coatings industry landscape. Moreover, the report conducts a detailed analysis of European Paints and Coatings market size and share within the European Paints and Coatings industry, offering valuable data and statistics for informed decision-making. Analysis helps businesses and investors gauge the competitive landscape and identify growth opportunities.
European Paints and Coatings Market Classifications
By Technology
7.1.1. Solvent-based
7.1.2. Water-based
7.1.3. Powder coatings
7.1.4. UV cured coatings
Four categories comprise the European Paints and Coatings market: solvent-based, water-based, powder coatings, and UV-cured coatings. Due to the growing usage of these paints in the automotive and construction industries, the solvent-based category dominated the European market in 2019 and accounted for 2% of total sales. However, the water-based segment is anticipated to rise rapidly with a CAGR of 2.47% during the forecast period, resulting in an increase in demand for organic products.
By Resin Type
7.2.1. Acrylic
7.2.2. Alkyd
7.2.3. Epoxy
7.2.4. Polyester
7.2.5. Polyurethane
7.2.6. Fluoropolymer
7.2.7. Vinyl
Acrylic polymer’s main components, acrylic, and methacrylic acid provide a polymer structure with a low tendency to absorb UV radiation, making acrylics more resistant to weathering and oxidation than oil-based paints, alkyds, or epoxies. Acrylics are known for their vibrant colors and long-lasting shine. Acrylic powder coatings, which range from thin-film clear coats to very smooth coats offer a high-performance finish with great weather resistance and high-gloss shades, making them perfect for outdoor applications.
By Application
7.3.1. Protective Coatings
7.3.2. Transportation
7.3.3. Packaging
7.3.4. Automotive
7.3.5. Wood
7.3.6. General Industrial
7.3.7. Architectural
7.3.8. Toys
7.3.9. Others
The market for paints and coatings in Europe is divided into nine categories: toys, general industrial, automotive, wood, protective coatings, transportation, packaging, and others. In terms of revenue, the Architectural segment dominated the European market in 2019 with a 2.47% share. Over the course of the forecast period, the category is anticipated to increase at a CAGR of 2%. Furniture, sculptures, wood floors, and wall paintings are a few examples of ornamental interiors with architectural coatings. As consumers grow more conscious of environmental issues, the coatings industry has adjusted to provide high-quality, value-added, low-cost products that adhere to global trends. As safety rules increase, there will also be a greater demand for waterproof and fireproof building coatings. This is focusing on coatings for architecture.
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The following companies are included in the market for European Paints and Coatings Market:
• 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
List of Contents : European Paints and Coatings Market
Part 01: Executive Summary
Part 02: Scope of the European Paints and Coatings Market Report
Part 03: European Paints and Coatings Market Landscape
Part 04: European Paints and Coatings Market Sizing
Part 05: European Paints and Coatings Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key Offerings:
- Market Share, Size & Forecast by Revenue | 2021−2027
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- PESTLE Analysis and PORTER’s Five Forces Analysis
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
- Key Findings and Analyst Recommendations
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