Europe Paints And Coatings Market Size & Outlook
Europe paints and coatings market, 2018-2030 (US$M)
Related Markets
Europe paints and coatings market highlights
- The Europe paints and coatings market generated a revenue of USD 60,810,162.7 million in 2023.
- The market is expected to grow at a CAGR of 4.1% from 2024 to 2030.
- In terms of segment, waterborne coatings was the largest revenue generating product in 2023.
- Radiation cured coatings is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 60,810,162.7 million |
| Market revenue in 2030 | USD 80,787,340.2 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Waterborne coatings |
| Fastest growing segment | Radiation cured coatings |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radiation cured coatings, Powder coatings, Waterborne coatings, Solvent-borne coatings |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.4% of the global paints and coatings market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 104,128,986.2 million by 2030.
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Paints and Coatings Market Scope
Paints and Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe paints and 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 paints and coatings market will help companies and investors design strategic landscapes.
Waterborne coatings was the largest segment with a revenue share of 45.8% in 2023. Horizon Databook has segmented the Europe paints and coatings market based on radiation cured coatings, powder coatings, waterborne coatings, solvent-borne coatings covering the revenue growth of each sub-segment from 2018 to 2030.
The European market has been very dynamic post-Brexit and the paints and coatings market is likely to be affected as the UK has been one of the major markets for paint and coatings.
Surging automobile production in Germany, Hungary, Romania, Austria, and the UK along with strong manufacturing bases of companies such as Volkswagen AG, Chevrolet, Daimler-Chrysler, Mercedes-Benz, and Dodge is expected to drive the product demand.
Expanding construction sector in various countries, including the UK, the Netherlands, Germany, Hungary, Poland, Sweden, and Ireland, is expected to propel product demand over the forecast period.
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Our clientele includes a mix of paints and coatings market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe paints and coatings market , including forecasts for subscribers. This continent databook contains high-level insights into Europe paints and coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe paints and coatings market size, by country, 2018-2030 (US$M)
Europe Paints and Coatings Market Outlook Share, 2023 & 2030 (US$M)
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