Germany Paints And Coatings Market Size & Outlook
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Germany paints and coatings market highlights
- The Germany paints and coatings market generated a revenue of USD 16,152,857.6 million in 2024 and is expected to reach USD 21,826,672.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.3% from 2025 to 2030.
- In terms of segment, waterborne coatings was the largest revenue generating product in 2024.
- Waterborne coatings is the most lucrative product segment registering the fastest growth during the forecast period.
Paints and coatings market data book summary
| Market revenue in 2024 | USD 16,152,857.6 million |
| Market revenue in 2030 | USD 21,826,672.2 million |
| Growth rate | 5.3% (CAGR from 2025 to 2030) |
| Largest segment | Waterborne coatings |
| Fastest growing segment | Waterborne coatings |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radiation cured coatings, Solvent-borne coatings, Waterborne coatings, Powder coatings |
| Key market players worldwide | Jotun, Sherwin-Williams Co, Axalta Coating Systems Ltd, PPG Industries Inc, RPM International Inc, Basf SE ADR, Henkel AG & Co KGaA, Hempel, 3M Co, Akzo Nobel NV |
Other key industry trends
- In terms of revenue, Germany accounted for 7.6% of the global paints and coatings market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany paints and coatings market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 21,826,672.2 million by 2030.
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Paints and Coatings Market Scope
Paints and Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hempel | View profile | 5001-10000 | Lyngby, Hovedstaden, Denmark, Europe | http://www.hempel.com |
| Jotun | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://www.jotun.com |
| Basf SE ADR | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Axalta Coating Systems Ltd | View profile | 12000 | 50 Applied Bank Boulevard, Suite 300, Glen Mills, PA, United States, 19342 | https://www.axalta.com |
| RPM International Inc | View profile | 17274 | 2628 Pearl Road, P.O. Box 777, Medina, OH, United States, 44256 | https://www.rpminc.com |
| Sherwin-Williams Co | View profile | 64088 | 101 West Prospect Avenue, Cleveland, OH, United States, 44115-1075 | https://www.sherwin-williams.com |
| PPG Industries Inc | View profile | 53000 | One PPG Place, Pittsburgh, PA, United States, 15272 | https://www.ppg.com |
| Akzo Nobel NV | View profile | 35500 | Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW | https://www.akzonobel.com |
| Henkel AG & Co KGaA | View profile | 48000 | Henkelstrasse 67, Duesseldorf, NW, Germany, 40589 | https://www.henkel.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
Germany 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 49.24% in 2024. Horizon Databook has segmented the Germany paints and coatings market based on radiation cured coatings, solvent-borne coatings, waterborne coatings, powder coatings covering the revenue growth of each sub-segment from 2018 to 2030.
According to Autobei Consulting Group, Germany dominates the automotive market in Europe with 41 engine production plants in 2023, and assembly that contribute to one-third of the total automobile production in the region.
The sales of new vehicles are constantly increasing with improvement in the economy reflecting consumer confidence, which is expected to have a positive impact on the paints and coatings market in the coming year.
However, the sale of new car has witnessed small contraction in sales owing to the introduction of new WLTP emission control regulation, to promote vehicle quality in reduction of emission to lower level possible, has cause several restrictions in new car registration.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany paints and coatings market , including forecasts for subscribers. This country databook contains high-level insights into Germany paints and coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany paints and coatings market size, by product, 2018-2030 (US$M)
Germany Paints and Coatings Market Outlook Share, 2024 & 2030 (US$M)
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