European Paints & Coatings Market

European Paints & Coatings Market by Resin (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester), Technology (Waterborne, Solventborne, Powder), Application (Architectural, Industrial), and Country - Global Forecast to 2025

Report Code: CH 7794 Dec, 2020, by marketsandmarkets.com

[224 Pages Report] The market size for European paints & coatings is projected to grow from USD 30.6 billion in 2020 to USD 34.3 billion by 2025, at a CAGR of 2.3%. The resurgence in the growth of the housing and construction sector, increasing gross domestic product (GDP), growing urbanization, and increasing disposable income are driving the paints & coatings market. Technological advancements in end-use industries such as automotive, marine, aerospace, wood, and general industrial are also supporting the growth.

European Paints & Coatings Market

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COVID-19 Impact on the European Paints & Coatings Market

The outbreak of COVID-19 has disrupted the production of raw materials used in paints and coatings manufacturing. Countries such as Germany, Russia, France, the UK, and Italy are the hubs for paints and coatings manufacturing and major suppliers of these raw materials. The outbreak of coronavirus in Europe has affected the supplies of these raw materials. The break in the supplies of raw materials has reduced the production of paints and coatings products.

Automotive is among the worst-hit industry due to the closure of showrooms and the global economic crises. The demand for personal cars and commercial vehicles has been drastically down due to economic turmoil. Consumers are also canceling already placed pre-orders. All these factors have negative impacts on the paints & coatings business.

The building & construction industry has been significantly impacted by the pandemic, which is likely to continue till 2021. COVID-19 is impacting the global building & construction industry with projects facing labor shortages, supply chain issues, and financing pressures. Commercial builders, due to the scarce availability of raw materials, must bear higher material costs and slower project completion. In countries such as Spain, France, and Germany, the guidelines from the Union Ministry of Home Affairs (MHA) allowed construction activities to continue, provided social distancing norms were followed by all personnel on-site.

European Paints & Coatings Market Dynamics

Driver: Increasing demand for premium paints

Architectural paints produced and consumed in Western Europe are almost exclusively medium to premium products, as the consumer interest in home decoration is high. Economical products have traditionally been popular in Russia, CIS countries, and Central Eastern Europe. The preferences regarding the paint's quality will change towards premium products in the long-term as the standard of living improves in the emerging economies..

Restraint: Economic slowdown and impact of COVID-19 on European industrial sectors

Most of the European countries, especially Russia, Italy, Spain, the UK, France, and Germany, are severely impacted by the COVID-19 pandemic. The suspension of operations in several manufacturing sectors has resulted in a decline in the GDP of these countries. According to the OECD, the European Union (EU) GDP reduced by 3.3% in the first quarter of 2020. In 2020, the European passenger car market followed the global trend of stagnation. The coronavirus outbreak led to a dramatic decline in new vehicle sales across the continent. Decreasing affordability and an economic downturn has added to the lack of demand in European markets.

Opportunity: Increasing paint consumption per capita in developing countries in Europe

The paints & coatings market structure and consumption patterns vary between geographical areas. The growth in coating consumption has historically correlated with the increase in the standard of living. Currently, the paints & coatings market in Western Europe is relatively mature, and sales are expected to increase moderately. Whereas, in Central Eastern Europe and the CIS countries, the current decorative paint consumption per capita is significantly lower than in Western Europe. The consumption is expected to pick up in Central Eastern Europe and the CIS area as the standard of living increases.

Challenge: Environmental challenges and stringent regulatory policies

The paints & coatings industry faces many environmental challenges with increasing focus being placed on meeting state and local regulations for wastewater discharge. Coatings, especially powder coating operations, have a considerable amount of metals, oil & grease, and suspended solids in their wastewater streams generated during the cleaning and pretreatment phases. It becomes difficult for coating manufacturers to meet many state and local environmental regulations because of their wastewater streams. Metal finishing companies that use various electroplating processes have been facing the problem of adhering to regulations due to heavy metal contamination.

European paints & coatings Market Ecosystem

European Paints & Coatings Market  Ecosystem

Architectural segment accounted for the largest share of the European paints & coatings market in 2020.

Architectural coatings find application in decorative interiors such as wall paintings, wood flooring, sculptures, and furniture. Increase in environmental awareness has led to innovations in the coating industry to provide quality products that are affordable, of high quality, possess value-added features, and meet global trends. Similarly, growing safety standards will raise the demand for fireproof and waterproof coatings on buildings. This is shifting the focus towards architectural coatings.

Acrylic segment is projected to witness the fastest growth during the forecast period.

Acrylic resin is the fastest segment in the architectural paints & coatings segment. Acrylics are available in various forms such as emulsions (latex), lacquers, enamels, and powders. The most common form of acrylic paint is latex. The chief components of acrylic polymers, acrylic, and methacrylic acid provide a polymer structure that has little tendency to absorb UV light, which increases the resistance of acrylics to weathering and oxidation than oil-based paints, alkyds, or epoxies. Acrylics possess good colors and gloss retention. Acrylic powder coatings, ranging from thin-film clear coats to very smooth coats, provide a high-performance finish with outstanding weather resistance, high-gloss colors, making them ideal for outdoor applications with excellent exterior durability.

Germany is the largest European paints & coatings market in the forecast period

Germany is currently the largest market for European paints & coatings. Germany is the most industrialized and populous country in Europe. The growth in the construction sector is expected to outpace the overall economic growth of the country. Germany is the most technologically advanced industrial coatings market both in Europe and globally. It is dominating the industrial coatings market in Europe owing to the strong domestic demand, growing demand from the developed automotive industry, increasing uses of corrosion coatings, and growing environmental awareness.

The outbreak of the novel coronavirus or COVID-19 has been declared a pandemic by the World Health Organization (WHO). The virus outbreak has wreaked havoc on the global economy. The risk of the global economy entering a recession in 2020 is extremely high, with the lockdown of international borders and the shutdown of economic activities across the countries to prevent the spread of COVID-19. As production is curtailed around the world, many firms will not have the necessary inputs.

European Paints & Coatings Market  Germany

Key Market Players:

The key players operating in the market are Henkel AG (Germany), H.B. Fuller (US), Arkema (Bostik SA) (France), 3M Company (US), Sika AG (Switzerland).

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Scope of the Report

Report Metric

Details

Years considered for the study

2018-2025

Base year

2019

Forecast period

2020–2025

Units considered

Value (USD) and Volume (Kiloton)

Segments

Resin Type, Technology, End-Use Industry, and Country

Countries covered

Germany, Russia, France, UK, Italy, Poland, Turkey, Spain, Sweden, Denmark, Norway, Finland, Lithuania, Latvia, Estonia, and Rest of Europe

Companies profiled

The major market players include AkzoNobel N.V. (Netherlands), PPG Industries (US), Sherwin-Williams Company (US), BASF Coatings GmbH (Germany), and Axalta Coating System LLC (US). (Total of 25 companies)

This research report categorizes the European paints & coatings market based on resin type, technology, end-use industry, and country.

By Resin Type:

  • Acrylic
  • Alkyd
  • Epoxy
  • Polyester
  • Polyurethane
  • Fluoropolymer
  • Vinyl
  • Others

By Technology:

  • Waterborne technology
  • Solventborne technology
  • Powder coating
  • Others

By End-Use Industry:

  • Architechtural
  • Industrial

By Country:

  • Germany
  • Russia
  • France
  • UK
  • Italy
  • Poland
  • Turkey
  • Spain
  • Sweden
  • Denmark
  • Norway
  • Finland
  • Lithuania
  • Latvia
  • Estonia
  • Rest of Europe

Recent Developments

  • In September 2020, AkzoNobel completed the acquisition of Stahl Performance Powder Coatings and its complete range of products for heat-sensitive substrates. This acquisition provides AkzoNobel accelerated access to unique low curing technology. The low curing technology includes both UV and thermally curing powders and will enable the company to penetrate the ultra-low cure (80-100°C) domain, opening up new markets for AkzoNobel based on applying powder to temperature-sensitive substrates such as MDF, plywood, thermoplastics, and composites.
  • In April 2020, Sherwin Williams launched its first set of products from its Powdura ECO platform – the first and only line of powder coatings that uses an innovative polyester resin comprised of 25 percent pre-consumer recycled plastic (rPET)..

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 27)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
           1.2.1 MARKET INCLUSIONS
           1.2.2 MARKET EXCLUSION
    1.3 MARKETS COVERED
           FIGURE 1 PAINTS & COATINGS: MARKET SEGMENTATION
           1.3.1 YEAR CONSIDERED FOR THE STUDY
    1.4 CURRENCY
    1.5 UNIT CONSIDERED
    1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 30)
    2.1 RESEARCH DATA
           FIGURE 2 EUROPE PAINTS & COATINGS MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Primary data sources
                    2.1.2.2 Key data from primary sources
                    2.1.2.3 Key industry insights
                    2.1.2.4 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION
           FIGURE 3 MARKET ESTIMATION: SUPPLY SIDE
           2.2.1 BOTTOM-UP APPROACH
           FIGURE 4 BOTTOM-UP MARKET SIZE ESTIMATION
           FIGURE 5 TOP-DOWN APPROACH
    2.3 DATA TRIANGULATION
           FIGURE 6 PAINTS & COATINGS MARKET: DATA TRIANGULATION
    2.4 ASSUMPTIONS & LIMITATIONS
           TABLE 1 RESEARCH ASSUMPTIONS
           TABLE 2 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 39)
           TABLE 3 PAINTS & COATINGS MARKET SNAPSHOT (2020 VS. 2025)
           FIGURE 7 ACRYLIC RESIN DOMINATES OVERALL ARCHITECTURAL PAINTS & COATINGS MARKET
           FIGURE 8 ACRYLIC TO BE FASTEST-GROWING RESIN TYPE IN INDUSTRIAL PAINTS & COATINGS
           FIGURE 9 WATERBORNE TECHNOLOGY TO ACCOUNT FOR LARGEST SHARE OF PAINTS & COATINGS MARKET
           FIGURE 10 INDUSTRIAL SEGMENT TO ACCOUNTS FOR LARGER SHARE

4 PREMIUM INSIGHTS (Page No. - 43)
    4.1 ATTRACTIVE OPPORTUNITIES IN PAINTS & COATINGS MARKET
           FIGURE 11 EMERGING ECONOMIES TO OFFER LUCRATIVE GROWTH OPPORTUNITIES FOR MARKET PLAYERS
    4.2 EUROPE PAINTS & COATINGS MARKET, BY RESIN TYPE
           FIGURE 12 ACRYLIC RESIN TO BE LARGEST SEGMENT DURING FORECAST PERIOD
    4.3 PAINTS & COATINGS MARKET, BY END-USE INDUSTRY AND COUNTRY
           FIGURE 13 GERMANY WAS LARGEST PAINTS & COATINGS MARKET IN 2020
    4.4 PAINTS & COATINGS MARKET ATTRACTIVENESS, BY KEY COUNTRIES
           FIGURE 14 NORWAY TO REGISTER HIGHEST CAGR DURING THE FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 45)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 15 OVERVIEW OF FACTORS GOVERNING THE EUROPEAN PAINTS & COATINGS MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Green environmental regulations
                    5.2.1.2 Increasing demand for premium paints
                    5.2.1.3 High demand for DIY paint during the lockdown period
                    5.2.1.4 Availability of durable coatings with better performance and esthetics
                    5.2.1.5 Technological advancements in powder coatings
           5.2.2 RESTRAINTS
                    5.2.2.1 Economic slowdown and impact of COVID-19 on European industrial sectors
                    5.2.2.2 Decrease in number of commercial aircraft deliveries
                    5.2.2.3 Disruption in supply chain and lower production utilization due to COVID-19 pandemic
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increasing demand for technologically-advanced coatings in automotive and aerospace industries
                    5.2.3.2 Rising usage of antimicrobial coatings in novel applications
                    5.2.3.3 Increasing paint consumption per capita in developing countries in Europe
           5.2.4 CHALLENGES
                    5.2.4.1 Environmental challenges and stringent regulatory policies
    5.3 PORTER’S FIVE FORCES ANALYSIS
           FIGURE 16 PORTER’S FIVE FORCES ANALYSIS: PAINTS & COATINGS MARKET
           5.3.1 THREAT OF NEW ENTRANTS
           5.3.2 THREAT OF SUBSTITUTES
           5.3.3 BARGAINING POWER OF BUYERS
           5.3.4 BARGAINING POWER OF SUPPLIERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
    5.4 REGULATIONS
           5.4.1 BRITISH COATINGS FEDERATION
                    5.4.1.1 Decorative coatings
                    5.4.1.2 Vehicle refinish products
           5.4.2 EU ECOLABEL
           5.4.3 BIOCIDES PRODUCTS REGULATION (BPR)
                    5.4.3.1 Exclusion criteria
                    5.4.3.2 Active substances which are candidates for substitution
    5.5 PRICING ANALYSIS
           FIGURE 17 AVERAGE PRICE COMPETITIVENESS IN EUROPEAN PAINTS & COATINGS MARKET
           FIGURE 18 AVERAGE HISTORIC AND FORECASTED PRICES IN EUROPEAN PAINTS & COATINGS MARKET
    5.6 PAINTS & COATINGS ECOSYSTEM
           FIGURE 19 PAINTS & COATINGS ECOSYSTEM
           FIGURE 20 YC AND YCC SHIFT
    5.7 TRADE ANALYSIS
           5.7.1 IMPORT-EXPORT SCENARIO OF PAINTS & COATINGS IN EUROPEAN MARKET
           TABLE 4 IMPORT-EXPORT TRADE DATA FOR SELECTED EUROPEAN COUNTRIES, 2019
           FIGURE 21 PAINTS & COATINGS IMPORT DATA ANALYSIS, 2017-2019
           FIGURE 22 PAINTS & COATINGS EXPORT DATA ANALYSIS, 2017-2019
    5.8 PATENT ANALYSIS
           5.8.1 METHODOLOGY
           5.8.2 PUBLICATION TRENDS
           FIGURE 23 NUMBER OF PATENTS PUBLISHED, 2015-2020
           5.8.3 TOP APPLICANTS
           FIGURE 24 PATENTS PUBLISHED BY MAJOR PLAYERS, 2015-2020
           TABLE 5 RECENT PATENTS BY PPG IND OHIO INC IN 2020
    5.9 CASE STUDY ANALYSIS
    5.1 TECHNOLOGY ANALYSIS

6 MACROECONOMIC TRENDS AND IMPACT OF COVID-19 (Page No. - 64)
    6.1 MACROECONOMIC OVERVIEW AND KEY TRENDS
           6.1.1 INTRODUCTION
           6.1.2 TRENDS AND FORECAST OF GDP
           TABLE 6 GDP PERCENTAGE CHANGE OF KEY COUNTRIES, 2019–2025
           6.1.3 TRENDS AND FORECAST OF GLOBAL AUTOMOTIVE INDUSTRY
           TABLE 7 AUTOMOTIVE PRODUCTION (2017-2019)
           TABLE 8 AUTOMOTIVE PRODUCTION (Q1 & Q2 – 2019 VS 2020)
    6.2 COVID-19 IMPACT
    6.3 COVID-19 ECONOMIC ASSESSMENT
           FIGURE 25 REVISED GDP FORECASTS DUE TO COVID-19 FOR SELECT EUROPEAN COUNTRIES IN 2020
           6.3.1 COVID-19 ECONOMIC IMPACT – SCENARIO ASSESSMENT
           FIGURE 26 FACTORS IMPACTING ECONOMY OF SELECT G20 COUNTRIES IN 2020
           FIGURE 27 SCENARIO-BASED ANALYSIS OF IMPACT OF COVID-19 ON BUSINESS
           FIGURE 28 IMPACT OF COVID-19 ON PAINTS & COATINGS MARKET

7 COVID-19 IMPACT ON PAINTS & COATINGS MARKET (Page No. - 71)
    7.1 VALUE CHAIN OF THE PAINTS & COATINGS INDUSTRY
           FIGURE 29 PAINTS & COATINGS VALUE CHAIN
           FIGURE 30 IMPACT OF COVID-19 ON VALUE CHAIN NODES
           FIGURE 31 PAINTS & COATINGS VALUE CHAIN: PLAYERS AT EACH NODE
    7.2 IMPACT ON VALUE CHAIN
           7.2.1 RAW MATERIALS/SUPPLIERS
                    7.2.1.1 Impact of COVID-19 on raw materials and suppliers
                               7.2.1.1.1 Resins
                               7.2.1.1.2 Pigments
                               7.2.1.1.3 Solvents
                               7.2.1.1.4 Additives
           7.2.2 PAINTS AND COATINGS FORMULATORS
                    7.2.2.1 Impact of COVID-19 on formulators
           7.2.3 APPLICATORS
                    7.2.3.1 Impact of COVID-19 on applicators
           7.2.4 DISTRIBUTORS
           TABLE 9 DISTRIBUTORS: OFFERINGS AND SERVICES
                    7.2.4.1 Impact of COVID-19 on distributors
           7.2.5 END-USE INDUSTRIES
                    7.2.5.1 Impact of COVID-19 on end-use industries
    7.3 CUSTOMER ANALYSIS
           7.3.1 SHIFT IN AUTOMOTIVE INDUSTRY
                    7.3.1.1 Disruption in the industry
           7.3.2 IMPACT ON CUSTOMERS’ OUTPUT & STRATEGIES TO RESUME/ IMPROVE PRODUCTION
                    7.3.2.1 Impact on customers’ revenues
                    7.3.2.2 Most impacted countries
           TABLE 10 PRODUCTION IMPACT DUE TO COVID-19 CRISIS ON EUROPEAN AUTO INDUSTRY
                               7.3.2.2.1 Short-term strategies to manage cost structure and supply chains
                    7.3.2.3 New market opportunities/growth opportunities
                               7.3.2.3.1 Measures taken by customers
                    7.3.2.4 Customers’ perspective on growth outlook
    7.4 SHIFT IN AEROSPACE INDUSTRY
           7.4.1 DISRUPTION IN THE INDUSTRY
           7.4.2 IMPACT ON CUSTOMERS’ OUTPUT & STRATEGIES TO RESUME/IMPROVE PRODUCTION
           7.4.3 IMPACT ON CUSTOMERS’ REVENUES
                    7.4.3.1 Most impacted regions
                    7.4.3.2 Short-term strategies to manage cost structure and supply chains
           7.4.4 NEW MARKET OPPORTUNITIES/GROWTH OPPORTUNITIES
                    7.4.4.1 Customers’ perspective on growth outlook
    7.5 SHIFT IN CONSTRUCTION INDUSTRY
           7.5.1 DISRUPTION IN THE INDUSTRY
           7.5.2 IMPACT ON CUSTOMERS’ OUTPUT & STRATEGIES TO RESUME/IMPROVE PRODUCTION
           7.5.3 IMPACT ON CUSTOMERS’ REVENUES
                    7.5.3.1 Customer’s most impacted regions
                    7.5.3.2 Short-term strategies to manage cost structure and supply chains
           7.5.4 NEW MARKET OPPORTUNITIES/GROWTH OPPORTUNITIES
                    7.5.4.1 Measures taken by customers
                    7.5.4.2 Customers’ perspective on growth outlook

8 PAINTS & COATINGS MARKET, BY RESIN TYPE (Page No. - 88)
    8.1 INTRODUCTION
           FIGURE 32 ACRYLIC IS DOMINANT SEGMENT IN OVERALL ARCHITECTURAL PAINTS & COATINGS MARKET
           FIGURE 33 POLYURETHANE IS LARGEST SEGMENT IN OVERALL INDUSTRIAL PAINTS & COATINGS MARKET
           TABLE 11 ARCHITECTURAL PAINTS & COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
           TABLE 12 ARCHITECTURAL PAINTS & COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
           TABLE 13 INDUSTRIAL PAINTS & COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
           TABLE 14 INDUSTRIAL PAINTS & COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
    8.2 ACRYLIC
           8.2.1 ACRYLICS WIDELY USED DUE TO THEIR GOOD APPEARANCE, WEATHERABILITY, AND ELECTROSTATIC CHARACTERISTICS
           TABLE 15 ACRYLIC BASED PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 16 ACRYLIC BASED PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
    8.3 ALKYD
           8.3.1 ALKYDS ARE LOW COST, LOW TOXICITY, AND LOW SURFACE TENSION RESINS THAT PERMITS WETTING OF MOST SURFACES
           TABLE 17 ALKYD BASED PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2019 (KILOTON)
           TABLE 18 ALKYD BASED PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2019 (USD MILLION)
    8.4 EPOXY
           8.4.1 EPOXY PAINTS & COATINGS ARE CAPABLE OF CURING AT AMBIENT OR HIGH TEMPERATURES AND MINIMAL PRESSURE
    8.5 POLYESTER
           8.5.1 POLYESTER OFFERS LOW COST, DIMENSIONAL STABILITY, GOOD MECHANICAL STRENGTH, AND HIGH CHEMICAL RESISTANCE
    8.6 POLYURETHANE
           8.6.1 POLYURETHANE RESIN PAINTS POSSESS HIGH DURABILITY, TOUGHNESS, HIGH GLOSS, AND ARE EASY TO CLEAN
           TABLE 19 POLYURETHANE BASED PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 20 POLYURETHANE BASED PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
    8.7 FLUOROPOLYMER
           8.7.1 PTFE COATINGS WIDELY USED IN COOKWARE, SCRATCH-FREE WINDSHIELD WIPER, FABRIC PROTECTORS, AND PCB
    8.8 VINYL
           8.8.1 AIR-DRYING COATINGS WITH VINYL COPOLYMERS PROVIDE TOUGHNESS AND GOOD RESISTANCE TO WATER AND CHEMICALS
    8.9 OTHERS

9 EUROPE PAINTS & COATINGS MARKET ANALYSIS, BY TECHNOLOGY (Page No. - 97)
    9.1 INTRODUCTION
           FIGURE 34 WATERBORNE SEGMENT TO DOMINATE EUROPE PAINTS & COATINGS MARKET
           TABLE 21 EUROPE PAINTS & COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (KILOTON)
           TABLE 22 EUROPE PAINTS & COATINGS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
    9.2 WATERBORNE TECHNOLOGY
           9.2.1 QUALITY AND STRENGTH OF WATERBORNE COATINGS DEPENDENT ON RESIN, ADDITIVES, AND PIGMENTS
    9.3 SOLVENTBORNE TECHNOLOGY
           9.3.1 SOLVENTBORNE RESINS SEGMENT DECLINING AS INNOVATIONS IN THIS TECHNOLOGY ARE LIMITED
    9.4 POWDER COATING
           9.4.1 GROWING REQUIREMENT FOR DURABLE, BETTER WEATHERING, AND ROBUST MECHANICAL PROPERTIES FUELING DEMAND FOR POWDER COATINGS
    9.5 OTHERS

10 EUROPE PAINTS & COATINGS MARKET, BY END-USE INDUSTRY (Page No. - 102)
     10.1 INTRODUCTION
           FIGURE 35 INDUSTRIAL SECTOR TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
     10.2 ARCHITECTURAL END-USE INDUSTRY
             10.2.1 ECONOMIC GROWTH AND HIGHER INCOMES BOOSTING THE DEMAND FOR ARCHITECTURAL COATINGS
           TABLE 23 EUROPE PAINTS & COATINGS MARKET SIZE IN ARCHITECTURAL, BY COUNTRY, 2018–2025 (KILOTON)
           TABLE 24 EUROPE PAINTS & COATINGS MARKET SIZE IN ARCHITECTURAL, BY COUNTRY, 2018–2025 (USD MILLION)
             10.2.2 RESIDENTIAL
             10.2.3 NON-RESIDENTIAL
             10.2.4 INFRASTRUCTURE
     10.3 INDUSTRIAL
             10.3.1 PAINTS & COATINGS USED FOR CORROSION CONTROL OF STEEL OR CONCRETE IN NUMEROUS APPLICATIONS
           TABLE 25 EUROPE PAINTS & COATINGS MARKET SIZE IN INDUSTRIAL, BY COUNTRY, 2018–2025 (KILOTON)
           TABLE 26 EUROPE PAINTS & COATINGS MARKET SIZE IN INDUSTRIAL, BY COUNTRY, 2018–2025 (USD MILLION)
             10.3.2 GENERAL INDUSTRIAL
           TABLE 27 EUROPE PAINTS & COATINGS MARKET SIZE IN GENERAL INDUSTRIAL, BY COUNTRY, 2018–2025 (KILOTON)
           TABLE 28 EUROPE PAINTS & COATINGS MARKET SIZE IN GENERAL INDUSTRIAL, BY COUNTRY, 2018–2025 (USD MILLION)
             10.3.3 OEM
           TABLE 29 EUROPE PAINTS & COATINGS MARKET SIZE IN OEM, BY COUNTRY, 2018–2025 (KILOTON)
           TABLE 30 EUROPE PAINTS & COATINGS MARKET SIZE IN OEM, BY COUNTRY, 2018–2025 (USD MILLION)
                        10.3.3.1 Passenger cars
                        10.3.3.2 Commercial vehicles
                        10.3.3.3 Heavy-duty equipment
                        10.3.3.4 Rail
                        10.3.3.5 Aerospace
                        10.3.3.6 Marine
             10.3.4 WOOD COATING
           TABLE 31 EUROPE PAINTS & COATINGS MARKET SIZE IN WOOD, BY COUNTRY, 2018–2025 (KILOTON)
           TABLE 32 EUROPE PAINTS & COATINGS MARKET SIZE IN WOOD, BY COUNTRY, 2018–2025 (USD MILLION)
             10.3.5 OTHERS
           TABLE 33 EUROPE PAINTS & COATINGS MARKET SIZE IN OTHER END-USE INDUSTRIES, BY COUNTRY, 2018–2025 (KILOTON)
           TABLE 34 EUROPE PAINTS & COATINGS MARKET SIZE IN OTHER END-USE INDUSTRIES, BY COUNTRY, 2018–2025 (USD MILLION)
                        10.3.5.1 Protective coatings
                        10.3.5.2 Coil coating
                        10.3.5.3 Packaging

11 EUROPE PAINTS & COATINGS MARKET, BY COUNTRY (Page No. - 118)
     11.1 INTRODUCTION
           TABLE 35 EUROPE PAINTS & COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
           TABLE 36 EUROPE PAINTS & COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
     11.2 GERMANY
             11.2.1 FAVORABLE ECONOMIC ENVIRONMENT FOR CONSTRUCTION SECTOR AND RISING DEMAND FOR NEW HOMES
           TABLE 37 GERMANY: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 38 GERMANY: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           TABLE 39 GERMANY: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 40 GERMANY: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
     11.3 RUSSIA
             11.3.1 EXPECTED RECOVERY IN CONSTRUCTION INDUSTRY TO SUPPORT MARKET GROWTH
           TABLE 41 RUSSIA: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 42 RUSSIA: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           TABLE 43 RUSSIA: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 44 RUSSIA: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
     11.4 FRANCE
             11.4.1 REVIVING ECONOMY AND INVESTMENT IN INFRASTRUCTURE TO BOOST DEMAND FOR ARCHITECTURAL COATINGS
           TABLE 45 FRANCE: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 46 FRANCE: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           TABLE 47 FRANCE: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 48 FRANCE: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
     11.5 UK
             11.5.1 GROWING CONSTRUCTION SECTOR AND GOVERNMENT’S SPENDING ON INFRASTRUCTURE TO BOOST DEMAND FOR ARCHITECTURAL COATINGS
           TABLE 49 UK: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 50 UK: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           TABLE 51 UK: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 52 UK: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
     11.6 ITALY
             11.6.1 NEW PROJECT FINANCE RULES AND INVESTMENT POLICIES IN CONSTRUCTION SECTOR TO SUPPORT MARKET GROWTH
           TABLE 53 ITALY: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 54 ITALY: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           TABLE 55 ITALY: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 56 ITALY: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
     11.7 POLAND
             11.7.1 RESIDENTIAL BUILDINGS AND OTHER INFRASTRUCTURE EXPECTED TO DRIVE ARCHITECTURAL PAINTS MARKET
           TABLE 57 POLAND: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 58 POLAND: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           TABLE 59 POLAND: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 60 POLAND: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           FIGURE 36 IMPACT OF COVID-19 ON POLAND’S CONSTRUCTION SECTOR
     11.8 TURKEY
             11.8.1 GROWING HOUSING SECTOR TO CREATE STRONG DEMAND FOR COATINGS
           TABLE 61 TURKEY: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 62 TURKEY: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           TABLE 63 TURKEY: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 64 TURKEY: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
     11.9 SPAIN
             11.9.1 GROWTH IN RESIDENTIAL CONSTRUCTION SECTOR TO SPUR DEMAND FOR ARCHITECTURAL COATINGS
           TABLE 65 SPAIN: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 66 SPAIN: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           TABLE 67 SPAIN: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 68 SPAIN: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
     11.10 SWEDEN
             11.10.1 NEW INFRASTRUCTURAL PROJECTS TO DRIVE MARKET FOR PAINTS & COATINGS
           TABLE 69 SWEDEN: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 70 SWEDEN: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           TABLE 71 SWEDEN: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 72 SWEDEN: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
     11.11 DENMARK
             11.11.1 GOVERNMENT SUPPORT FOR CONSTRUCTION INDUSTRY GROWTH TO DRIVE DEMAND
           TABLE 73 DENMARK: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 74 DENMARK: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           TABLE 75 DENMARK: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 76 DENMARK: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
     11.12 NORWAY
             11.12.1 INDUSTRIAL SEGMENT IS DOMINANT CONSUMER OF PAINTS & COATINGS
           TABLE 77 NORWAY: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 78 NORWAY: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           TABLE 79 NORWAY: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 80 NORWAY: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
     11.13 FINLAND
             11.13.1 DEMAND FOR NEW HOUSES EXPECTED TO DRIVE ARCHITECTURAL PAINTS MARKET
           TABLE 81 FINLAND: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 82 FINLAND: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           TABLE 83 FINLAND: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 84 FINLAND: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           FIGURE 37 EXPORT MARKETS FOR FINNISH FOREST PRODUCTS, 2019
     11.14 LITHUANIA
             11.14.1 WOOD FURNITURE INDUSTRY EXPECTED TO DRIVE THE WOOD COATINGS MARKET
           TABLE 85 LITHUANIA: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 86 LITHUANIA: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           TABLE 87 LITHUANIA: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 88 LITHUANIA: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
     11.15 LATVIA
             11.15.1 INFRASTRUCTURE AND COMMERCIAL BUILDINGS EXPECTED TO DRIVE PAINTS & COATINGS MARKET
           TABLE 89 LATVIA: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 90 LATVIA: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           TABLE 91 LATVIA: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 92 LATVIA: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
     11.16 ESTONIA
             11.16.1 ARCHITECTURAL SEGMENT IS DOMINANT CONSUMER OF PAINTS & COATINGS
           TABLE 93 ESTONIA: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 94 ESTONIA: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           TABLE 95 ESTONIA: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 96 ESTONIA: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
     11.17 REST OF EUROPE
           TABLE 97 REST OF EUROPE: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 98 REST OF EUROPE: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
           TABLE 99 REST OF EUROPE: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 100 REST OF EUROPE: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)

12 COMPETITIVE LANDSCAPE (Page No. - 149)
     12.1 INTRODUCTION
           FIGURE 38 COMPANIES ADOPTED NEW PRODUCT LAUNCH AS KEY GROWTH STRATEGY BETWEEN 2016 AND 2020
     12.2 COMPETITIVE LEADERSHIP MAPPING
             12.2.1 STARS
             12.2.2 EMERGING LEADERS
             12.2.3 PERVASIVE
             12.2.4 EMERGING COMPANIES
           FIGURE 39 EUROPE PAINTS & COATINGS MARKET: COMPETITIVE LEADERSHIP MAPPING, 2019
     12.3 STRENGTH OF PRODUCT PORTFOLIO
     12.4 BUSINESS STRATEGY EXCELLENCE
     12.5 MARKET SHARE ANALYSIS
           FIGURE 40 EUROPE PAINTS & COATINGS MARKET SHARE ANALYSIS, 2019 (IN TERMS OF VALUE)
             12.5.1 PERFORMANCE OF TOP COATING COMPANIES IN 2020
           FIGURE 41 Q1-2020 PERFORMANCE OF TOP COATING COMPANIES
           FIGURE 42 Q2-2020 PERFORMANCE OF TOP COATING COMPANIES
           FIGURE 43 Q3-2020 PERFORMANCE OF TOP COATING COMPANIES
     12.6 COMPETITIVE SCENARIO
             12.6.1 MARKET EVALUATION MATRIX
           TABLE 101 STRATEGIC DEVELOPMENTS, BY COMPANY
           TABLE 102 MOST FOLLOWED STRATEGY
           TABLE 103 GROWTH STRATEGIES ADOPTED, BY COMPANY
             12.6.2 INVESTMENTS & EXPANSIONS
           TABLE 104 INVESTMENTS & EXPANSIONS (2016–2020)
             12.6.3 MERGERS & ACQUISITIONS
           TABLE 105 MERGERS & ACQUISITIONS (2016–2020)
             12.6.4 NEW PRODUCT LAUNCHES
           TABLE 106 NEW PRODUCT LAUNCHES (2016–2020)
             12.6.5 JOINT VENTURES & AGREEMENTS
           TABLE 107 JOINT VENTURES (2016–2020)

13 COMPANY PROFILES (Page No. - 166)
(Business overview, Products offered, Recent developments, SWOT analysis, MNM view)* 
     13.1 AKZONOBEL N.V.
           FIGURE 44 AKZONOBEL N.V.: COMPANY SNAPSHOT
     13.2 PPG INDUSTRIES
           FIGURE 45 PPG INDUSTRIES: COMPANY SNAPSHOT
     13.3 SHERWIN-WILLIAMS COMPANY
           FIGURE 46 SHERWIN-WILLIAMS COMPANY: COMPANY SNAPSHOT
     13.4 BASF COATINGS GMBH
           FIGURE 47 BASF SE: COMPANY SNAPSHOT
     13.5 AXALTA COATING SYSTEM LLC
           FIGURE 48 AXALTA COATING SYSTEM LLC: COMPANY SNAPSHOT
     13.6 RPM INTERNATIONAL INC.
           FIGURE 49 RPM INTERNATIONAL INC.: COMPANY SNAPSHOT
     13.7 HEMPEL A/S
           FIGURE 50 HEMPEL A/S: COMPANY SNAPSHOT
     13.8 JOTUN A/S
           FIGURE 51 JOTUN A/S: COMPANY SNAPSHOT
     13.9 KANSAI PAINTS CO., LTD.
           FIGURE 52 KANSAI PAINTS CO. LTD.: COMPANY SNAPSHOT
     13.10 TIKKURILA OYJ
           FIGURE 53 TIKKURILA OYJ: COMPANY SNAPSHOT
     13.11 BECKERS GROUP
     13.12 TIGER COATINGS GMBH & CO. KG
     13.13 DAW SE
     13.14 TEKNOS GROUP
     13.15 CROMOLOGY (FORMERLY MATERIS PAINTS)
     13.16 BRILLUX GMBH & CO. KG
     13.17 MANKIEWICZ GEBR. & CO.
     13.18 IVM CHEMICALS
     13.19 WÖRWAG
     13.20 FLÜGGER GROUP A/S
     13.21 CORPORAÇÃO INDUSTRIAL DO NORTE
     13.22 MEFFERT AG FARBWERKE
     13.23 WEILBURGER
     13.24 REMMERS
     13.25 STO CORP.
*Business overview, Products offered, Recent developments, SWOT analysis, MNM view might not be captured in case of unlisted companies. 

14 ADJACENT/RELATED MARKETS (Page No. - 202)
     14.1 INTRODUCTION
     14.2 LIMITATION
     14.3 PAINTS & COATINGS ECOSYSTEM AND INTERCONNECTED MARKET
           FIGURE 54 PAINTS & COATINGS: ECOSYSTEM
     14.4 COATING RESINS
             14.4.1 MARKET DEFINITION
             14.4.2 MARKET OVERVIEW
             14.4.3 COATING RESINS MARKET, BY RESIN TYPE
           TABLE 108 COATING RESINS MARKET SIZE, BY RESIN TYPE, 2018-2025 (USD MILLION)
           TABLE 109 COATING RESINS MARKET SIZE, BY RESIN TYPE, 2018-2025 (KILOTON)
                        14.4.3.1 Acrylic
                        14.4.3.2 Alkyd
                        14.4.3.3 Vinyl
                        14.4.3.4 Polyurethane
                        14.4.3.5 Epoxy
                        14.4.3.6 Unsaturated polyester
                        14.4.3.7 Saturated polyester
                        14.4.3.8 Amino
                        14.4.3.9 Others
             14.4.4 COATING RESINS MARKET, BY TECHNOLOGY
           TABLE 110 COATING RESINS MARKET SIZE, BY TECHNOLOGY, 2018-2025 (USD MILLION)
           TABLE 111 COATING RESINS MARKET SIZE, BY TECHNOLOGY, 2018-2025 (KILOTON)
                        14.4.4.1 Waterborne coatings
           FIGURE 55 TYPES OF WATERBORNE COATINGS
                        14.4.4.2 Solventborne coatings
           TABLE 112 TRADITIONAL FORMULATION SOLVENT USED FOR DIFFERENT RESIN TYPE
                        14.4.4.3 Powder coatings
           FIGURE 56 TYPES OF POWDER COATINGS
                        14.4.4.4 Others
                                     14.4.4.4.1 High solids coatings
           FIGURE 57 TYPES OF HIGH SOLIDS COATINGS
                                     14.4.4.4.2 Radiation curable coatings
           FIGURE 58 TYPES OF RADIATION CURABLE COATING
             14.4.5 COATING RESINS MARKET, BY APPLICATION
           TABLE 113 COATING RESINS MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
           TABLE 114 COATING RESINS MARKET SIZE, BY APPLICATION, 2018-2025 (KILOTON)
           TABLE 115 ARCHITECTURAL COATING RESINS MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
           TABLE 116 ARCHITECTURAL COATING RESINS MARKET SIZE, BY APPLICATION, 2018-2025 (KILOTON)
           TABLE 117 INDUSTRIAL COATING RESINS MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
           TABLE 118 INDUSTRIAL COATING RESINS MARKET SIZE, BY APPLICATION, 2018-2025 (KILOTON)
                        14.4.5.1 Architectural coatings
                        14.4.5.2 Marine & protective coatings
                        14.4.5.3 General industrial coatings
                        14.4.5.4 Automotive coatings
                        14.4.5.5 Wood coatings
                        14.4.5.6 Packaging coatings
                        14.4.5.7 Others
                                     14.4.5.7.1 Coil
                                     14.4.5.7.2 Aerospace
                                     14.4.5.7.3 Graphic arts
             14.4.6 COATING RESINS MARKET, BY REGION
           TABLE 119 COATING RESINS MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
           TABLE 120 COATING RESINS MARKET SIZE, BY REGION, 2018-2025 (KILOTON)
                        14.4.6.1 APAC
                        14.4.6.2 Europe
                        14.4.6.3 North America
                        14.4.6.4 Middle East & Africa
                        14.4.6.5 South America

15 APPENDIX (Page No. - 217)
     15.1 DISCUSSION GUIDE
     15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     15.3 AVAILABLE CUSTOMIZATIONS
     15.4 RELATED REPORTS
     15.5 AUTHOR DETAILS

 

The study involves four major activities in estimating the current market size of European paints & coatings. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation methods were used to estimate the size of the segments and sub-segments of the overall market.

Secondary Research

In the secondary research process, various secondary sources, such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet, have been referred to for identifying and collecting information for this study. These secondary sources also included annual reports, press releases & investor presentations of companies; white papers; certified publications; articles by recognized authors; gold standard & silver standard websites, regulatory bodies, trade directories, and databases.

Primary Research

The European paints & coatings market comprises several stakeholders, such as raw material suppliers, processors, end-product manufacturers, and regulatory organizations. The demand side of this market is characterized by the development in end-use industries, architectural and industrial. The supply side is characterized by advancements in technology. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

European Paints & Coatings Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the European paints & coatings market. These methods were also used extensively to estimate the sizes of various sub-segments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the market have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

European Paints & Coatings Market  Top-Down Approach

Data Triangulation

After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and sub-segment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To analyze and forecast the size of the Europe paints & coatings market, in terms of value and volume
  • To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
  • To define, describe, and forecast the market on the basis of resin type, technology, and end-use industry
  • To analyze and forecast the size of the paints & coatings market with respect to the various major countries in Europe
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders
  • To analyze competitive developments such as capacity expansions, new product developments, joint ventures, and mergers & acquisitions in the paints & coatings market
  • To profile the key players and comprehensively analyze their market share and core competencies1

Note: Core competencies1 of the companies are determined in terms of their key developments and key strategies to sustain in the market.

Available Customizations

MarketsandMarkets offers customizations according to the specific needs of the companies with the given market data.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of the European paints & coatings market, by country

Company Information

  • Detailed analysis and profiling of additional market players (up to five)
COVID-19

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Benchmarking the rapid strategy shifts of the Top 100 companies in the European Paints & Coatings Market

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