Europe Waterborne Coatings Market Size & Outlook
Europe waterborne coatings market, 2018-2030 (US$M)
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Europe waterborne coatings market highlights
- The Europe waterborne coatings market generated a revenue of USD 23,529.2 million in 2022.
- The market is expected to grow at a CAGR of 3.3% from 2023 to 2030.
- In terms of segment, architectural was the largest revenue generating application in 2022.
- Automotive OEM 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 23,529.2 million |
| Market revenue in 2030 | USD 30,407.5 million |
| Growth rate | 3.3% (CAGR from 2022 to 2030) |
| Largest segment | Architectural |
| Fastest growing segment | Automotive OEM |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Architectural, General Industries, Automotive OEM, Metal Packaging, Protective Coatings, Automotive Refinish, Industrial Wood, Marine, Coil |
| Key market players worldwide | Akzo Nobel NV, Basf SE, Axalta Coating Systems Ltd, Kansai Paint Co Ltd, Nippon Paint Holdings Co Ltd, PPG Industries Inc, RPM International Inc, Sherwin-Williams Co, Berger Paints, Valspar, Tikkurila Group |
Other key industry trends
- In terms of revenue, Europe region accounted for 34.5% of the global waterborne coatings 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 39,605.9 million by 2030.
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Waterborne Coatings Market Scope
Waterborne Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe waterborne 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 waterborne coatings market will help companies and investors design strategic landscapes.
Architectural was the largest segment with a revenue share of 82.8% in 2022. Horizon Databook has segmented the Europe waterborne coatings market based on architectural, general industries, automotive oem, metal packaging, protective coatings, automotive refinish, industrial wood, marine, coil covering the revenue growth of each sub-segment from 2018 to 2030.
Europe represents the largest market for waterborne coatings owing to the presence of various automotive manufacturers in the region that are generating demand.
This can be attributed to the demand being generated by various developing as well as developed economies in the region.
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Our clientele includes a mix of waterborne coatings market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe waterborne coatings market , including forecasts for subscribers. This continent databook contains high-level insights into Europe waterborne coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe waterborne coatings market size, by country, 2018-2030 (US$M)
Europe Waterborne Coatings Market Outlook Share, 2022 & 2030 (US$M)
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