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European Paints & Coatings Market worth $34.3 billion by 2025


(, February 15, 2021 ) The report "European Paints & Coatings Market by Resin (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester), Technology (Waterborne, Solventborne, Powder), Application (Architectural, Industrial), and Country - Global Forecast to 2025" The European paints & coatings market size will grow to USD 34.3 billion by 2025 from USD 30.6 billion in 2020, at a CAGR of 2.3% during the 2020-2025 period. 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.

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Polyurethane resin segment is projected to be the largest segment of the European paints & coatings market.

Polyurethane resin paints possess properties such as high durability, toughness, high gloss, and are easy to clean. Polyurethane paints are also used where high performance is expected, such as oil-rig towers, warehouses, industrial plants, heat-resistant coatings, and bridges. Polyurethane paints are used in wood coatings, aircraft coatings, and construction. Other applications where polyurethane resin paints and coatings can be used are heavy-duty exterior and interior structural coating, clean rooms, paper mills, power plants, offshore structures, oil field machinery, exterior surfaces of steel tanks, handrails, conveyors, and chemical processing equipment.

Industrial is the fastest-growing end-use industry segment of the European paints & coatings market.

Industrial is projected to be the fastest-growing end-use industry of European paints & coatings. An industrial coating or paint is typically defined by its protective rather than its aesthetic properties, although it often provides both. They are used for corrosion control of steel or concrete in numerous applications. Industrial application is segmented into general industrial, automotive OEM, automotive refinish, wood, protective, marine, coil, packaging, aerospace, and others.

Don't miss out on business opportunities in European Paints & Coatings Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.

Browse in-depth TOC on "European Paints & Coatings Market”
120 - Market Data Tables
58 - Figures
224 - Pages

Germany is the largest European paints & coatings country in Europe.

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. Germany is a highly industrialized country and is one of the key industrial coatings markets. The country has been leading the chemical industry in Europe as well as in the world. It is home to several industrial coating manufacturers. Owing to the presence of major manufacturers such as BASF and PPG, it is currently the largest producer of industrial coatings in Europe.

The key players profiled in the European paints & coatings market report are AkzoNobel N.V. (Netherlands), PPG Industries (US), Sherwin-Williams Company (US), BASF Coatings GmbH (Germany), and Axalta Coating System LLC (US).

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Aashish Mehra


Source: EmailWire.Com

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