Europe Paints Market 2021-2026

    Multi User License - $2,500

    In Stock

    Coming Soon

    EUROPE PAINTS MARKET

     

    INTRODUCTION

    Paint is a general name for a variety of substances that are made up of a pigment suspended in a liquid or paste medium such as oil or water. Paint is applied in a thin layer to multiple substrates such as wood, metal, or stone using a brush, roller, or spray gun.

     

    Although its primary function is to preserve the surface on which it is applied, paint also serves as a decorative medium. Paints are created with the intended usage in mind – primer, overcoat, and special finishes – in mind (matt, gloss, heat resistance, anti-corrosion, abrasion resistance).

     

    The pigment powders is separated into individual particles that are covered by and disseminated in the binder (resin) this process is known as ‘wetting out.’ The solvent is then added.

     

    infographic: Europe Paints Market, Europe Paints Market Size, Europe Paints Market Trends, Europe Paints Market Forecast, Europe Paints Market Risks, Europe Paints Market Report, Europe Paints Market Share

     

     The look and utility of nano particles provide several benefits and potential to paints and coatings. Indeed, the coating sector was among the first to see the possibilities of nanotechnology. Because nanomaterials have unique features due to their small particle size, their inclusion into traditional coating formulations enhances coating qualities while also providing a slew of new coating capabilities.

     

    Many nano particles, such as nano ZnO and TiO2, are non-toxic in nature, providing an additional benefit to the coating business. Pigments, binders, solvents (liquids), and additives are the four primary elements of all paints. Binders act to bind the pigment together and produce the paint film, while pigments offer color and conceal.

     

    Solvents are fluids that suspend the components and allow the paint to be applied to surfaces, whereas additives are substances that give specialized paint attributes such as mildew resistance. All four elements work together to create paint that satisfies the exact design requirements.

     

    EUROPE PAINTS MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1  

    Sika to acquire MBCC Group

    Sika has signed a definitive agreement to acquire MBCC Group, the former BASF Construction Chemicals, from an affiliate of Lone Star Funds, a global private equity firm, for a consideration of CHF 5.5 billion (EUR 5.2 billion). Europe This would enhance better Technologies and production

     

     

    EUROPE PAINTS MARKET DYNAMICS

    Paints and coatings are used in the inside of buildings not only to add color or for ornamental purposes, but also to fulfil a variety of tasks. Their functions differ based on the context and room in which they are employed.

     

    Coating processes, particularly powder coating operations, create a significant quantity of metals, oil and grease, and suspended particles in their effluent streams during the cleaning and pre-treatment phases. Because of their effluent streams, coating manufacturers find it difficult to comply with several state and municipal environmental standards.

     

    Metal finishing firms that employ diverse electroplating methods have had difficulty complying to regulations. As consumer interest in house décor is considerable, architectural paints made and used in Western Europe are virtually entirely medium to premium goods.

     

    Economical items have always been popular in Russia, the Commonwealth of Independent States, and Central and Eastern Europe. Long-term, as the standard of living in emerging nations improves, consumer tastes for high-quality paint will shift toward luxury goods.

     

    The COVID-19 epidemic has severely damaged the majority of European countries, particularly Russia, Italy, Spain, the United Kingdom, France, and Germany.

     

    The cessation of activities in various manufacturing sectors has resulted in a decrease in these nations’ GDP. Coating consumption has generally increased in tandem with rising living standards.

     

    The Western European paints and coatings sector is now rather mature, with sales forecast to rise gradually. In contrast, the present decorative paint consumption per capita in Central Eastern Europe and the CIS countries is substantially lower than in Western Europe. Consumption is predicted to increase in Central Eastern Europe and the CIS region as living standards rise.

     

    EUROPE PAINTS MARKET SEGMENTATION

    The Europe Paints Market can be segmented into following categories for further analysis.

     

    By Application

    • Commercial Application
    • Industrial Application
    • High-Capacity User Application

     

    By Technology of Application Type

    • Acrylic Paints and Coatings
    • Epoxy Paints
    • Polyurethane Paints
    • Alkyd Paints
    • Polyester Paints

     

    By Operational Technology Type

    • Water Borne Technology
    • Solvent Borne Technology
    • Power Coating Technology
    • UV Cured Coating Technology

     

    By Usage Application Type

    • Architectural
    • Automotive
    • Wood
    • Protective Coatings
    • General Industrial
    • Transportation
    • Packaging

     

    By Regional Classification

    • Austria
    • Belgium
    • Bulgaria
    • Croatia
    • Republic of Cyprus
    • Czech Republic
    • Denmark
    • Estonia
    • Finland
    • France
    • Germany
    • Greece
    • Hungary
    • Ireland
    • Italy
    • Latvia
    • Lithuania
    • Luxembourg
    • Malta
    • Netherlands
    • Poland
    • Portugal
    • Romania
    • Slovakia
    • Slovenia
    • Spain
    • Sweden

     

    RECENT MARKET TECHNOLOGICAL TRENDS IN EUROPE PAINTS MARKET

    Paint has historically been specified based on its aesthetic appeal and durability. Coatings technological improvements have transformed the scene, and there are now unique and inventive solutions on the market.

     

    Advanced coatings have the potential to significantly improve overall indoor air quality. Poor indoor air quality is commonly caused by airborne quantities of formaldehydes and other aldehydes originating from various sources in the room, such as carpet, textiles, and insulation.

     

    By lowering the quantity of volatile organic compounds (VOCs) from these probable sources, paint with Formaldehyde Reducing Technology can help encourage better indoor air quality.

     

    Unpleasant scents are widespread in interior areas such as toilets, kitchens, patient rooms, and public spaces in contexts ranging from commercial to health care to domestic. Paints with Odour Eliminating Technology can aid to diffuse typical organic scents, which can help to neutralize these bothersome aromas.

     

    Anti-microbial coatings reduce the formation of mildew and mould on the paint layer while also inhibiting bacterial smells. Minimizing paint layer degradation reduces the need for repaints and, as a result, extends the life of the coating.

     

    They’re precisely made to withstand wear and tear in high-traffic locations. Nanotechnology is employed in a variety of applications in the current paint and coating industry. Environmentally friendly applications, such as waterborne systems, are expected to continue to be areas where breakthroughs will be made.

     

    COMPETITIVE LANDSCAPE

    Environmentally friendly products are a rapidly developing sector in the creation of new paints and coatings. The key aims achieved over the previous few decades have been the substitution of harmful anti-corrosive pigments with less toxic compounds, as well as the gradual elimination of solvents in paint composition.

     

    Increased environmental laws, which appear to be a burden for the business, have, in reality, been a key engine of advancement and innovation in paints and coatings.

     

    Sherwin Williams Paints is innovating new technologies within the paints market which are focused on better environmental compliances. The Harmony class of paints have been developing within the market. Harmony Paint’s improved recipe includes Formaldehyde Reducing Technology to improve indoor air quality.

     

    Harmony Paint also has a high hide and a long-lasting finish that can resist repeated washings. This zero VOC formula complies with the strictest VOC requirements and when greater surface area is painted, Harmony’s Odour and Formaldehyde Reducing Technology works best.

     

    The Formaldehyde Reducing Technology improves indoor environmental quality by lowering VOCs through possible sources such insulation, carpet, cabinets, and textiles.

     

    Odour Eliminating Technology minimises common indoor odours, allowing spaces to stay cleaner for extended periods of time. Anti-microbial chemicals prevent the formation of mould and mildew on the paint surface, as well as the development of bacterial smells.

     

    Akzo Nobel is imparting new technologies within its production and paint development for industrial grade requirements in the European Market.

     

    The coating system developed by Qlayers delivers a fully automated solution that is safer, more uniform, and faster than the industry’s existing human coating methods.

     

    It’s a cost-effective, long-term solution that eliminates overspray Customers have previously successfully employed Qlayers’ technology to apply anti-corrosive coating systems on storage tanks, where the advantage of automated application has boosted worker safety and produced greater sustainability and process efficiency outcomes.

     

    COMPANIES PROFILED

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

    0
      0
      Your Cart
      Your cart is emptyReturn to Shop