Ceresana study on the European market for paints and coatings

Water continues to gain market share as a solvent for paints and varnishes: Water-based paints and varnishes, which are comparatively environmentally friendly, already satisfy more than half of demand in Europe. According to the latest Ceresana report on coatings, Europeans consume a total of around 9.2 million tons of paints and varnishes per year. Bio-based paints are increasingly being used, which can be easily combined with bio-insulation materials, bio-adhesives and other sustainable building materials. However, sales of paint products based on plastics such as acrylic, alkyd, epoxy, polyurethane or polyester are also on the rise. Vinyl paints alone currently account for around 23% of total consumption. The market researchers make forecasts up to the year 2032: They expect the strongest growth for acrylic paints on the European coatings market.

Chapter 1 of the market study "Paints and Coatings - Europe" offers a comprehensive analysis of the European market for paints and coatings - including forecasts up to 2032: The development of production and demand (in tons) and revenues (in USD and EUR) are clearly illustrated. The application areas of paints and coatings are examined individually, both in terms of consumption in tons and revenues in US dollars. Chapter 2 examines 23 European sales markets for paints and varnishes individually: in addition to most EU countries, the UK, Norway, Russia, Switzerland and Turkey are also examined. The following are presented in each case: Production, demand, revenues, and trade of paints and coatings. Demand is shown for the various application areas, product types and technologies. In contrast to the previous study, revenues are now also split by application areas. In addition, the application area "construction" is divided into the four construction segments at country level. Chapter 3 provides company profiles of the most important paint and varnish producers in Europe, clearly arranged according to contact details, turnover, profit, product range, production sites, and profile summary. Detailed profiles are provided for 71 manufacturers of paints and coatings, e.g. AkzoNobel N.V., Altana AG, BASF Coatings GmbH, DAW SE, Hempel AS, Jotun AS, PPG Industries, Inc, Sherwin-Williams Sweden AB, Sika AG and Sto SE & Co KGaA.