France Industrial Coatings Market Size & Outlook
France industrial coatings market, 2018-2030 (US$M)
France industrial coatings market highlights
- The France industrial coatings market generated a revenue of USD 3,951.6 million in 2023 and is expected to reach USD 4,516.8 million by 2027.
- The France market is expected to grow at a CAGR of 3.4% from 2024 to 2027.
- In terms of segment, acrylic was the largest revenue generating product in 2023.
- Acrylic is the most lucrative product segment registering the fastest growth during the forecast period.
Industrial coatings market data book summary
| Market revenue in 2023 | USD 3,951.6 million |
| Market revenue in 2027 | USD 4,516.8 million |
| Growth rate | 3.4% (CAGR from 2023 to 2027) |
| Largest segment | Acrylic |
| Fastest growing segment | Acrylic |
| Historical data | 2016 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Acrylic, Alkyd, Polyurethane, Epoxy, Polyesters, Other |
| Key market players worldwide | Akzo Nobel NV, Axalta Coating Systems Ltd, PPG Industries Inc, Sherwin-Williams Co, Nippon Paint Holdings Co Ltd, NKT A/S |
Other key industry trends
- In terms of revenue, France accounted for 4.4% of the global industrial coatings market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In Europe, Germany industrial coatings market is projected to lead the regional market in terms of revenue in 2027.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 6,715.9 million by 2027.
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Industrial Coatings Market Scope
Industrial Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
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France industrial coatings market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial coatings market will help companies and investors design strategic landscapes.
Acrylic was the largest segment with a revenue share of 36% in 2023. Horizon Databook has segmented the France industrial coatings market based on acrylic, alkyd, polyurethane, epoxy, polyesters, other covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of key automobile manufacturers in the country such as Group PSA, Groupe Renault, Venturi Automobiles, BUGATTI AUTOMOBILES S.A.S., and LIGIER GROUP is projected to create significant demand for industrial coatings over the forecast period.
The government support in the form of incentives is anticipated to fuel the growth of automotive industry, which, in turn, is anticipated to create demand for industrial coatings in automotive & vehicle refinish applications.
For instance, in May 2020, the government of France announced its plan to offer incentives up to USD 13,150 on electric vehicle purchase. Moreover, increasing product demand from general industry, marine, oil & gas, aerospace, and other sectors is anticipated to drive the market in the country over the forecast period.
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Our clientele includes a mix of industrial coatings market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the France industrial coatings market , including forecasts for subscribers. This country databook contains high-level insights into France industrial coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France industrial coatings market size, by product, 2018-2030 (US$M)
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