europe-protective-coatings-market-industry
Published

December 2017

Europe Protective Coatings Market - Size, Share, and Forecast (2018 - 2023)

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The European protective coatings market is expected to be valued at USD 2,575.89 million in 2018 and reach USD 2,887.36 million in 2023, registering an estimated CAGR of 2.31%, during 2018-2023 (the forecast period). The demand for protective coatings is driven by the recovering construction industry in Europe, accompanied by the rising usage of eco-friendly coatings.

The European protective coatings market is segmented by technology, resin type, and end-user industry. In 2017, among the technology-based segments, high-performance alloys dominated the global market.

Among the end-user segments, the infrastructure industry dominated the protective coatings market in 2017. Rising population, along with increasing purchasing power, are boosting the need for infrastructural projects, such as recreational centers, shopping malls, sophisticated healthcare centers, high-rise buildings, residential complexes, and many others, which, in turn, is augmenting the usage and demand for protective coatings. The power industry end-user segment is expected to register the fastest growth during the forecast period.

AREAS WITH SCOPE FOR THE EUROPE PROTECTIVE COATINGS MARKET

In 2017, the rest of Europe accounted for the largest market for protective coatings, followed by Germany, which, in the years ahead, is expected to maintain its position. The reason for the high demand for protective coatings are the consistently increasing infrastructure activities in these countries. 

Source: Mordor Intelligence Analysis

Why purchase the Europe Protective Coatings Market Report?

  • The report offers market definition and identification of factors that are instrumental in changing the market scenario, as well as prospective opportunities.
  • Analysis of various market perspectives, with the help of Porter’s five forces analysis.
  • Know which resin type and end-user segment of the Europe protective coatings market will be dominant?
  • Know which of the countries will witness the fastest growth in Europe during the forecast period.
  • Identify the latest developments, market shares, and strategies employed by the major market players, such as:

o Akzo Nobel

o PPG

o Jotun

o Hempel

o Sherwin Williams (including Valspar Corporation)

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