Europe Architectural Coatings Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Technology (Water-borne and Solvent-borne), Resin Type (Vinyl Acetate, Pure Acrylic, Acetate, Styrene Acrylic, Alkyd, and Other Resin Types), Application (Professional and DIY), Construction Sector (Commercial and Residential), and Geography (Germany, United Kingdom, France, Italy, Spain, Russia, Benelux, Turkey, and Rest of Europe)

Market Snapshot

Market Summary - Europe Architectural Coatings Market
Study Period: 2016 - 2026
Base Year: 2020
CAGR: >5 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The Europe architectural coatings market is estimated to witness a significant growth, at an estimated CAGR of over 5%, over the forecast period. Recovery of construction sector in Europe and increasing importance of retrofitting and improving efficiency of the existing housing stock built before 1970 are expected to drive the market during the forecast period.

  • Rising environmental concerns and regulations and rise in prices of raw materials are likely to hinder the market’s growth.
  • Germany is expected to dominate the market and is also expected to witness the fastest CAGR during the forecast period.

Scope of the Report

The Europe architectural coatings market report includes:

Technology
Water-borne
Solvent-borne
Resin Type
Vinyl Acetate
Pure Acrylic
Acetate
Styrene Acrylic
Alkyd
Other Resin Types
Application
Professional
DIY
Construction Sector
Commercial
Residential
Geography
Germany
United Kingdom
France
Italy
Spain
Russia
Benelux
Turkey
Rest of Europe

Report scope can be customized per your requirements. Click here.

Key Market Trends

Rising Demand from Residential Construction

  • Paints and coatings are extensively used in the architectural sector, for both exterior and interior applications. Modern advances in paint technology, specifically in the acrylic formulations, have offered a wide range of weatherproof coatings.
  • Paints and coatings are applied on the exterior of the house to not only increase its aesthetic appeal, 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.
  • However, moisture causes problems for paint. Dew, rain, snow, and ice on the outside, or vapor and moisture buildup from the inside, can cause problems with exterior paint. When moisture penetrates the paint, blisters can form, and the paint may peel. Moisture blisters, unlike temperature blisters, go through all coats of paints down to the wood.
  • Additionally, paints and coatings are also used in interiors of houses to add colors, or for decorative purposes, along with a wide range of other functions. Their functions vary, depending upon the type of environment and the room that they are used on.
  • For example, due to the moisture, bathroom walls need to have wipe-ability, in order to keep them clean. Paints with glossier sheens have a tighter molecular structure than flat paints, making it more difficult for moisture to penetrate. Thus, these types of paints are used in bathrooms.
  • The aforementioned factors have been boosting the demand for architectural coatings, in the recent times.
Europe Architectural Coatings Market - Segmentation

Germany to Dominate the Market

  • The economic growth of the country is affected by the factors, such as trade tensions leading to reduced exports, and tariff disputes triggered by the US government. However, the country is expected to rise from such fluctuations in economic performance over the forecast period.
  • According to industry experts, the demand for new houses is estimated to be around 350,000 per year until 2020, which is expected to boost the construction sector. The non-residential and commercial buildings in the country are expected to witness significant growth prospects during the forecast period. The growth is supported by lower interest rates, increase in real disposable incomes, and numerous investments by the European Union and the German Government.
  • It is also expected that Germany may spend more on the public infrastructure, and an increase in investments through public-private partnerships at the municipal level.
  • The sales/registrations of new vehicles are increasing steadily in the country with improvement in the economy reflecting consumer confidence. This is expected to provide stable contribution to the paints & coatings from the automotive sector. 
  • On the whole, growing residential and commercial construction activity in the country is expected to drive the market for architectural coatings at a moderate rate in Germany during the forecast period.
Europe Architectural Coatings Market - Regional Trend

Competitive Landscape

The Europe architectural coatings market is consolidated in nature. Key players in the market include Akzo Nobel N.V., PPG Industries, Inc., The Sherwin-Williams Company, Cromology, and DAW SE, among others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Recovery of Construction Sector in Europe

      2. 4.1.2 Increasing Importance of Retrofitting and Improving Efficiency of the Existing Housing Stock Built before 1970

    2. 4.2 Restraints

      1. 4.2.1 Rise in Raw Material Prices

      2. 4.2.2 Stringent Environmental Regulations

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Technology

      1. 5.1.1 Water-borne

      2. 5.1.2 Solvent-borne

    2. 5.2 Resin Type

      1. 5.2.1 Vinyl Acetate

      2. 5.2.2 Pure Acrylic

      3. 5.2.3 Acetate

      4. 5.2.4 Styrene Acrylic

      5. 5.2.5 Alkyd

      6. 5.2.6 Other Resin Types

    3. 5.3 Application

      1. 5.3.1 Professional

      2. 5.3.2 DIY

    4. 5.4 Construction Sector

      1. 5.4.1 Commercial

      2. 5.4.2 Residential

    5. 5.5 Geography

      1. 5.5.1 Germany

      2. 5.5.2 United Kingdom

      3. 5.5.3 France

      4. 5.5.4 Italy

      5. 5.5.5 Spain

      6. 5.5.6 Russia

      7. 5.5.7 Benelux

      8. 5.5.8 Turkey

      9. 5.5.9 Rest of Europe

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Akzo Nobel N.V.

      2. 6.4.2 Axalta Coating Systems

      3. 6.4.3 Brillux GmbH & Co. KG

      4. 6.4.4 BOERO BARTOLOMEO S.P.A

      5. 6.4.5 Cromology

      6. 6.4.6 DAW SE

      7. 6.4.7 FUJIKURA KASEI CO.,LTD.

      8. 6.4.8 Hempel A/S

      9. 6.4.9 Jotun

      10. 6.4.10 Kansai Paints Co., Ltd.

      11. 6.4.11 Mankiewicz Gebr. & Co.

      12. 6.4.12 Meffert AG

      13. 6.4.13 Metlac Spa

      14. 6.4.14 PPG Industries, Inc.

      15. 6.4.15 RPM International Inc.

      16. 6.4.16 TIKKURILA OYJ

      17. 6.4.17 The Sherwin-Williams Company

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Accelerating Demand for Eco-friendly Coatings

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Europe Architectural Coatings Market market is studied from 2016 - 2026.

The Europe Architectural Coatings Market is growing at a CAGR of >5% over the next 5 years.

Akzo Nobel N.V., PPG Industries, Inc., The Sherwin-Williams Company, DAW SE are the major companies operating in Europe Architectural Coatings Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!