Europe Paints and Coatings Market - Segmented by Resin Type, End-User Industry, technology, and Geography - Growth, Trends and Forecasts (2018 - 2023)

  • ID: 4434725
  • Report
  • Region: Europe
  • 121 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • AKZO NOBEL
  • BECKERS GROUP
  • CROMOLOGY
  • HENKEL AG & CO. KGAA
  • KANSAI PAINTS CO. LTD
  • RPM INTERNATIONAL INC.
  • MORE
The European paints and coatings market has been estimated at USD 33,710 million in 2017. The market is expected to register a CAGR of 3.76% during the forecast period, 2018 to 2023. By volume, it has been estimated at 10,445.4 kilo tons in 2017 and is expected to register a CAGR of 3.13% during the forecast period. The architectural segment dominated the Europe paints and coatings market with nearly 49% share globally, while packaging segment is estimated to register the fastest CAGR through the forecast period, 2018-2023.

High Demand from the Automotive Industry

In the automotive sector, paints and coatings impart protection to both interior and exterior surfaces, against various aggressive environmental agents, such as sunlight, corrosive materials, and environmental effects. Additionally, these coatings are used by the automotive body shops and repair centers for vehicle refinishing. The European Automotive Commission has doubled the funds available for cooperative research and innovation in the automotive sector for the period 2014-2020 with the aim to preserve the technological leadership in the automotive sector. The funding focused on green vehicles, decarburization of conventional engines, safety, and information technology infrastructure.

The architectural segment is expected to dominate the market with the highest CAGR during the forecast period. Paints and coatings are used in the exterior and the interior of houses, offices and buildings to give them an aesthetic look, and also to protect the walls and the fundamental structures. They are applied on ceilings, cabinets, windows, and doors. Paints and coatings are applied on the exterior of the house not only to give them a new look but also to protect it from blistering summers, freezing winters, soaking rain, and the daily bombardment of UV radiation without fading, peeling away and cracking.

Germany Dominates the Market

Germany has the highest share in the market, accounting for nearly 17.6% of the European market share in 2017. The increasing investments in growing automotive industry have highly driven the market for paints and coatings in Germany. Additionally, the German high-speed rail network line is likely to open many opportunities for implementing state-of-the-art transport concepts - the beginning of a new era of rail travel and increase in paints & coatings market.

Key Developments in the Market
  • April 2017: Teknos completed the acquisition of Feyco Treffert, a company specializing in wood coatings, and Schekolin AG. The acquisition will provide Teknos with access to new markets in Switzerland, Malaysia, and the United States, and strengthen its position in the global wood segment.
  • January 2017 : Sika acquired Bitbau Dörr, a leading Austrian manufacturer of waterproofing systems
Major Key Players are PPG, AKZO NOBEL, CROMOLOGY, DAW, BRILLUX, AXALTA, and BASF, and Other Players Include BECKERS GROUP, BERGER PAINTS INDIA LTD, UJIKURA KASAI, HEMPEL, HENKEL AG & CO. KGAA, JOTUN, J.W.OSTENDORF, KANSAI PAINTS CO. LTD, MANKIEWICZ HAMBURG, NATIONAL PAINTS FACTORIES CO. LTD, RING INTERNATIONAL HOLDING AG, RPM INTERNATIONAL INC., ŚNIEŻKA SA, SHAWCOR LTD, SIKA AG, STO GROUP, TIKKURILA OYJ, TEKNOS GROUP, THE SHERWIN-WILLIAMS COMPANY, and TIGER COATINGS GMBH & CO. KG.

Reasons to Purchase this Report
  • Market definition, along with the identification of factors instrumental in changing the market scenario and prospective opportunities
  • Various market perspectives, with the help of Porter’s five forces analysis
  • Regions or countries that are expected to witness the fastest growth during the forecast period
  • Product segment, which is going to dominate the market over the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players.
  • 3 months analyst support along with the Market Estimation sheet in excel.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AKZO NOBEL
  • BECKERS GROUP
  • CROMOLOGY
  • HENKEL AG & CO. KGAA
  • KANSAI PAINTS CO. LTD
  • RPM INTERNATIONAL INC.
  • MORE
1. Introduction
1.1 Scope of the Report
1.2 Research Methodology

2. Executive Summary

3. Market Insights
3.1 Industry Value-Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Regulatory Policy Analysis

4. Market Dynamics
4.1 Drivers
4.1.1 Increasing Importance of Retro Fitting and Improving Efficiency of the Existing Housing Stock Built Before 1970
4.1.2 Continuous Growth in the Automotive Industry in Germany, Spain, Italy and France
4.1.3 Rise in the Use of Protective Coatings in the Booming Offshore Wind Turbine Industry
4.2 Restraints
4.2.1 Unavailability of Substitutes for Banned Lead Chromate Used in Industrial Coatings
4.2.2 Rise in the Prices of Raw Materials
4.3 Opportunity
4.3.1 Use of Nano Technology in Paints and Coatings
4.3.2 Increase in the Demand for Bio-based and Eco-Friendly Paints and Coatings
4.3.3 Revival of the Construction Industry in Countries like Germany, France, United Kingdom, Spain, and Sweden

5. Market Segmentation and Analysis
5.1 By Resin Type
5.1.1 Acrylic
5.1.2 Alkyd
5.1.3 Polyurethane
5.1.4 Epoxy
5.1.5 Polyester
5.1.6 Other Resin Types
5.2 By End-User Industry
5.2.1 Architectural
5.2.1.1 Interior
5.2.1.2 Exterior
5.2.2 Automotive
5.2.3 Wood
5.2.4 Protective Coatings Market
5.2.4.1 Oil & Gas
5.2.4.2 Power
5.2.4.3 Electrical and Electronics
5.2.4.4 Infrastructure
5.2.4.5 Others
5.2.5 General Industrial
5.2.6 Transportation
5.2.7 Packaging
5.3 By Technology
5.3.1 Water-borne
5.3.2 Solvent-borne
5.3.3 Powder Coatings
5.3.4 UV Cured Coatings

6. Regional Market Analysis
6.1 Germany
6.2 United Kingdom
6.3 France
6.4 Italy
6.5 Spain
6.6 Russia
6.7 Turkey
6.8 Belgium
6.9 The Netherlands
6.10 Scandinavian Region
6.11 Portugal
6.12 Poland
6.13 Rest of Europe

7. Future of the Market

8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis*
8.3 Strategies Adopted by Leading Players

9. Company Profiles (Overview, Financials*, Products & Services, Recent Developments, and Analyst View)
9.1 Akzo Nobel NV
9.2 Axalta Coating Systems Ltd LLC
9.3 BASF SE
9.4 Beckers Group
9.5 Berger Paints India Ltd
9.6 Brillux GmbH & Co. KG
9.7 Cromology
9.8 DAW SE
9.9 ujikura Kasai
9.10 Hempel
9.11 Henkel AG & Co. KGaA
9.12 Jotun
9.13 J.W.Ostendorf
9.14 Kansai Paints Co. Ltd
9.15 Mankiewicz Hamburg
9.16 National Paints Factories Co. Ltd
9.17 PPG Industries Inc.
9.18 Ring International Holding AG
9.19 RPM International Inc.
9.20 Śnieżka SA
9.21 ShawCor Ltd
9.22 SIKA AG
9.23 Sto Group
9.24 Tikkurila Oyj
9.25 Teknos Group
9.26 The Sherwin-Williams Company
9.27 TIGER Coatings GmbH & Co. KG
9.28 ..list not exhaustive

10. Disclaimer

11. * subject to availability on public domain
Note: Product cover images may vary from those shown
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  • PPG INDUSTRIES
  • AKZO NOBEL
  • CROMOLOGY
  • DAW
  • BRILLUX
  • AXALTA
  • BASF
  • BECKERS GROUP
  • BERGER PAINTS INDIA LTD
  • UJIKURA KASAI
  • HEMPEL
  • HENKEL AG & CO. KGAA
  • JOTUN
  • J.W.OSTENDORF
  • KANSAI PAINTS CO. LTD
  • MANKIEWICZ HAMBURG
  • NATIONAL PAINTS FACTORIES CO. LTD
  • RING INTERNATIONAL HOLDING AG
  • RPM INTERNATIONAL INC.
  • SNIEZKA SA
  • SHAWCOR LTD
  • SIKA AG
  • STO GROUP
  • TIKKURILA OYJ
  • TEKNOS GROUP
  • THE SHERWIN-WILLIAMS COMPANY
  • TIGER COATINGS GMBH & CO. KG.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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