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

The market is segmented on the basis of Resin Type (Epoxy, Polyester, Polyurethane, Vinyl Ester, and Other Resin Types), Technology (Water-borne, Solvent-borne, Powder, and Other Technologies), End-user Industry (Oil & Gas, Mining, Power, Infrastructure, and Other End-user Industries), and Geography (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)

Market Snapshot

Market Summary - Europe Protective Coatings Market
Study Period: 2016 - 2026
Base Year: 2020
CAGR: >4 %

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

Market Overview

The Europe protective coatings market is estimated to witness a significant growth, at an estimated CAGR of over 4%, over the forecast period. Increasing demand from the European oil and gas industry and increasing infrastructure activities in Europe are expected to drive the market during the forecast period.

  • Regulations related to the VOCs 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 protective coatings market report includes:

Resin Type
Epoxy
Polyester
Polyurethane
Vinyl Ester
Other Resin Types
Technology
Water-borne
Solvent-borne
Powder
Other Technologies
End-user Industry
Oil and Gas
Mining
Power
Infrastructure
Other End-user Industries
Geography
Germany
United Kingdom
France
Italy
Spain
Russia
Rest of Europe

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

Key Market Trends

Rising Demand from Infrastructure Segment

  • Infrastructure accounts for the largest share of the market and is also estimated to be the fastest growing. Rails, bridges, and roads constitute major segments of the infrastructure. With the increase in population, expansions in infrastructure have become an inevitable part of socio-economic development.
  • Protective coatings are used in overhead structures, like flyovers and bridges, particularly in refurbishment situations, in order to improve the durability and to delay the replacement in structures. They are used to reduce the damage on the concrete surfaces and to stop or significantly reduce the rate of steel reinforcement corrosion.
  • The need to invest more in Europe’s infrastructure has been heavily discussed in the context of the EU’s post 2020 Multiannual Financial Framework. The European Commission, today, is proposing to invest EUR 1 billion in 39 transport projects, which will unlock a total of EUR 4.5 billion of public and private co-financing by 2030.
  • Under the Connecting Europe Facility (CEF), EUR 24.05 billion will be made available from the EU’s 2014-2020 budget to co-fund TEN-T projects of common interest in the EU Member States. Of these, EUR19.3 billion have so far been legally committed.
  • The aforementioned factors have been boosting the demand for protective coatings, in the recent times.
Europe Protective Coatings Market - Segmentation

Germany to Dominate the Market

  • Germany is the leading market for protective coatings in the European market share, in terms of revenue.
  • Germany’s highway system has one of the greatest kilometer density levels in Europe and the 37,900 km of railway tracks is the sixth largest in the world. With over 250 inland ports, Germany’s port infrastructure is also one of the largest in the world.
  • Apart from the growth of the infrastructure industry, increasing installation of wind power plants is also expected to boost the protective coatings market In Germany. Germany, currently, has around 26,000 wind turbines and has plans of plans for further expansion.
  • 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.
  • Thus, all the aforementioned factors are expected to drive the demand for protective coatings in the region during the forecast period.
Europe Protective Coatings Market - Regional Trend

Competitive Landscape

The Europe protective coatings market is partially fragmented. Key players in the market include Akzo Nobel N.V., NIPSEA GROUP, The Sherwin Williams Company, PPG Industries, Inc., and Hempel A/S, 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 Increasing Demand From the European Oil and Gas Industry

      2. 4.1.2 Increasing Infrastructure Activities in Europe

    2. 4.2 Restraints

      1. 4.2.1 Regulations related to the VOCs

      2. 4.2.2 Other Restraints

    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 Resin Type

      1. 5.1.1 Epoxy

      2. 5.1.2 Polyester

      3. 5.1.3 Polyurethane

      4. 5.1.4 Vinyl Ester

      5. 5.1.5 Other Resin Types

    2. 5.2 Technology

      1. 5.2.1 Water-borne

      2. 5.2.2 Solvent-borne

      3. 5.2.3 Powder

      4. 5.2.4 Other Technologies

    3. 5.3 End-user Industry

      1. 5.3.1 Oil and Gas

      2. 5.3.2 Mining

      3. 5.3.3 Power

      4. 5.3.4 Infrastructure

      5. 5.3.5 Other End-user Industries

    4. 5.4 Geography

      1. 5.4.1 Germany

      2. 5.4.2 United Kingdom

      3. 5.4.3 France

      4. 5.4.4 Italy

      5. 5.4.5 Spain

      6. 5.4.6 Russia

      7. 5.4.7 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 Arkema Group

      3. 6.4.3 BASF SE

      4. 6.4.4 Beckers Group

      5. 6.4.5 Brillux GmbH & Co. KG

      6. 6.4.6 DAW SE

      7. 6.4.7 H.B. Fuller Company

      8. 6.4.8 Hempel A/S

      9. 6.4.9 Jotun

      10. 6.4.10 Kansai Paint Co. Ltd

      11. 6.4.11 Meffert AG Farbwerke

      12. 6.4.12 NIPSEA GROUP

      13. 6.4.13 PPG Industries, Inc.

      14. 6.4.14 RPM International Inc.

      15. 6.4.15 Sika AG

      16. 6.4.16 The Sherwin Williams Company

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

**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 Protective Coatings Market market is studied from 2016 - 2026.

The Europe Protective Coatings Market is growing at a CAGR of >4% over the next 5 years.

Akzo Nobel N.V., NIPSEA GROUP, The Sherwin Williams Company, PPG Industries, Inc., Hempel A/S are the major companies operating in Europe Protective 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!