Europe Powder Coating Market Size & Outlook, 2022-2030
Europe powder coating market, 2018-2030 (US$M)
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Europe powder coating market highlights
- The Europe powder coating market generated a revenue of USD 9,521.0 million in 2022.
- The market is expected to grow at a CAGR of 4.4% from 2023 to 2030.
- In terms of segment, automotive was the largest revenue generating application in 2022.
- Automotive is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 9,521.0 million |
| Market revenue in 2030 | USD 13,463.4 million |
| Growth rate | 4.4% (CAGR from 2022 to 2030) |
| Largest segment | Automotive |
| Fastest growing segment | Automotive |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumer Goods, Architectural, Automotive, General Industries, Furniture |
| Key market players worldwide | Nordson Corp, Graco Inc, Carlisle Companies Inc, Statfield Equipments, Reliant Finishing Systems, Pittsburgh Spray Equipment, Reinhardt-Technik, Anest Iwata, SAMES KREMLIN, Hangzhou Color Powder Coating Equipment Co., Mitsuba Systems ( I ) P.Ltd, The Eastwood Company, Parker Ionics, Redline Industries |
Other key industry trends
- In terms of revenue, Europe region accounted for 27.7% of the global powder coating market in 2022.
- 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 20,813.7 million by 2030.
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Powder Coating Market Scope
Powder Coating Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe powder coating 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 powder coating market will help companies and investors design strategic landscapes.
Automotive was the largest segment with a revenue share of 23.22% in 2022. Horizon Databook has segmented the Europe powder coating market based on consumer goods, architectural, automotive, general industries, furniture covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for powder coatings in Europe has witnessed consistent growth, driven by various factors and industry-specific developments. One of the primary catalysts is the increasing demand for environmentally friendly coating solutions.
Powder coatings, renowned for their low volatile organic compound (VOC) content and absence of hazardous air pollutants, have become the preferred choice for industries striving to minimize their environmental impact. A key demand driver in Europe is the renovation of residential buildings.
According to a report by the European Parliament, over 90% of European buildings were constructed before 1990, and over 40% were built before 1960. Consequently, many buildings need renovation and reconstruction, creating ample opportunities for powder-coating vendors.
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Target buyers of Europe powder coating market databook
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Our clientele includes a mix of powder coating 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 powder coating market , including forecasts for subscribers. This continent databook contains high-level insights into Europe powder coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe powder coating market size, by country, 2018-2030 (US$M)
Europe Powder Coating Market Outlook Share, 2022 & 2030 (US$M)
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