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Pulished Date August, 2020
ID: 10037
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Europe Powder Coating Market Segmentation By Coating Method (Electrostatic Spray and Fluidized Bed), By Application (Architectural, Jobbers, Agricultural, Construction equipment, Pipeline, Oil & Gas, Appliances, General Metal, Automotive & Transportation Components, HVAC and Electrical), By Resin Type (Thermoset and Thermoplastic) and Region – Forecast to 2025

Pulished: August, 2020
ID: 10037
Pages: 150

Europe Powder Coating Market Size, Share & Growth (2020 - 2025)

Europe Powder Coating Market is expected to reach a valuation of USD 3 billion by 2025, growing at a healthy CAGR owing to its advancements in technology and stringent environment regulation acts during the forecast period of 2020 - 2025.

Recent Developments

  • In 2017, the Sherwin-Williams company became the global leader in paints and coatings after the acquisition of Valspar.

  • In the second half of 2020, the pandemic is estimated to not have any impact on AKZO Nobel and the company will record profitability. Though, revenues were dropped by 19%.

  • In 2019, the sales associated with Jotun have inclined by 19% due to the developments in marine protective coatings and the rise in the call for decorative paintings segments.

  • Powder coating sales was also increased. Overall profits went up to 71%.

Drivers and Restraints of the Europe Powder Coating Market:

Powder coating is superior as compared to other coating techniques and provides more durability, better finishing, and reduces the problems of corrosion and chipping. They also do not contain any solvents which results in very low emission of volatile organic compounds (VOCs) in the atmosphere. With the increased outlook towards reducing carbon emissions and production of environment friendly products acts as a huge bonus to power coating industry. In addition to this, powder coating also reduces the risk of health hazards to humans as it can easily be washed off when it comes in contact with human skin. Increase in technology is also another important contributor towards the expansion of the European powder coatings market.

Factors holding back the market

Powder coating technique finds it difficult to obtain thin film coating. Cost of application of thin film coating is significantly high and it offers very less profit in exchange. This is one of the major drawbacks of the industry. In addition to this, water borne coating is a time-consuming process and it often lags behind in this fast-paced world. With the introduction of nano coating, people are moving away from the application of powder coatings.

Europe Powder Coating market has been segmented based on the following categories:

By Coating Method

  • Electrostatic Spray
  • Fluidized Bed

By Application

  • Architectural
  • Jobbers
  • Agricultural
  • Construction Equipment
  • Pipeline
  • Oil & Gas
  • Appliances
  • General Metal
  • Automotive & Transportation Components
  • HVAC and Electrical

By Resin Type

  • Thermoset
  • Thermoplastic

Over the next few years, on the basis of resins- the epoxy segment of the thermosets is expected to witness the highest growth at 7% CAGR in the forecasted period of 2020 to 2025.

The rise in the production rate of automobiles and the increase in demand for medical devices is also contributed to the growth of the powder coating market in the European region. On top of this, the eco-friendliness of powder-coatings gives it an edge over its counterparts. The consumer goods market has grown rapidly in the European region. More people are inclined towards buying packaged goods amidst the COVID-19 pandemic. The packaging sector has flourished in these times and as a consequence, the powder coating industry has also gained a lot.

Geographical overview and regional presence:

Polyester based powder coatings are in high demand in developed countries like Germany, UK, France as polyester-based powder coating is highly durable in Europe.   

The majority of the vendors in Europe powder coatings market are increasingly focusing on bringing technologically advanced coatings at affordable prices. This will help vendors to differentiate themselves from their competitors and thereby resulting in higher competition.

Key Market Players:

  1. The Sherwin Williams Company

  2. AkzoNobel N.V

  3. The Jotun Group

  4. Primatek Coating

  5. DSM Coatings resins

Impact of COVID-19 on the European Powder Coating Market:

COVID-19 pandemic has resulted in various challenges for the powder coatings market with its influence on the architectural and industrial sectors. With Europe being an early hotspot of the virus, all production activities and economic activities were shut in Italy, Germany, and Spain. Automotive manufacturing, Construction projects were all halted and as a consequence, the demand for the industrial coatings significantly dropped. Packaging industries are expanding due to the rising call for packaged goods. In this sector, the demand has slightly improved the use of coating materials. But overall, the industry is supposed to be negatively impacted by 2021. Economic recoveries are anticipated after 2021 but till then the chances of growth can be less. 

1. Introduction                 

               1.1 Market Definition     

               1.2 Scope of the report  

               1.3 Study Assumptions   

               1.4 Base Currency, Base Year and Forecast Periods            

2. Research Methodology                           

               2.1 Analysis Design          

               2.2 Research Phases       

                              2.2.1 Secondary Research

                              2.2.2 Primary Research 

                              2.2.3 Data Modelling

                              2.2.4 Expert Validation

               2.3 Study Timeline           

3. Report Overview                        

               3.1 Executive Summary  

               3.2 Key Inferencees        

4. Market Dynamics                       

               4.1 Impact Analysis         

                              4.1.1 Drivers

                              4.1.2 Restaints

                              4.1.3 Opportunities

               4.2 Regulatory Environment        

               4.3 Technology Timeline & Recent Trends              

5. Competitor Benchmarking Analysis                     

               5.1 Key Player Benchmarking       

                              5.1.1 Market share analysis

                              5.1.2 Products/Service

                              5.1.3 Regional Presence

               5.2 Mergers & Acquistion Landscape        

               5.3 Joint Ventures & Collaborations          

6. Market Segmentation               

               6.1 Powder Coating Market, By Coating Method 

                              6.1.1 Electrostatic Spray

                              6.1.2 Fluidized Bed

                              6.1.3 Market Size Estimations & Forecasts (2019-2024)

                              6.1.4 Y-o-Y Growth Rate Analysis

                              6.1.5 Market Attractiveness Index

               6.2 Powder Coating Market, By Application           

                              6.2.1 Architectural

                              6.2.2 Jobbers

                              6.2.3 Agricultural

                              6.2.4 Construction Equipment

                              6.2.5 Pipeline

                              6.2.6 Oil & Gas

                              6.2.7 Appliances

                              6.2.8 General Metal

                              6.2.9 Automotive & Transportation Components

                              6.2.10 HVAC and Electrical

                              6.2.11 Market Size Estimations & Forecasts (2019-2024)

                              6.2.12 Y-o-Y Growth Rate Analysis

                              6.2.13 Market Attractiveness Index

               6.3 Powder Coating Market, By Resin Type            

                              6.3.1 Thermoset

                              6.3.2 Thermoplastic

                              6.3.3 Market Size Estimations & Forecasts (2019-2024)

                              6.3.4 Y-o-Y Growth Rate Analysis

                              6.3.5 Market Attractiveness Index

7. Geographical Landscape                         

               7.1 Global Identity Governance and Administration Market, by Region        

               7.2 North America - Market Analysis (2018 - 2024)             

                              7.2.1 By Country

                              7.2.2 By Coating Method

                              7.2.3 By Application

                              7.2.4 By Resin Type

               7.3 Europe         

                              7.3.1 By Country 

                              7.3.2 By Coating Method

                              7.3.3 By Application

                              7.3.4 By Resin Type

               7.4 Asia Pacific  

                              7.4.1 By Country     

                              7.4.2 By Coating Method

                              7.4.3 By Application

                              7.4.4 By Resin Type

               7.5 Latin America            

                              7.5.1 By Country 

                              7.5.2 By Coating Method

                              7.5.3 By Application

                              7.5.4 By Resin Type

               7.6 Middle East and Africa            

                              7.6.1 By Country      

                              7.6.2 By Coating Method

                              7.6.3 By Application

                              7.6.4 By Resin Type

8. Key Player Analysis                    

               8.1 AkzoNobel N.V          

                              8.1.1 Business Description

                              8.1.2 Products/Service

                              8.1.3 Financials

                              8.1.4 SWOT Analysis

                              8.1.5 Recent Developments

                              8.1.6 Analyst Overview

               8.2 Asian Paints 

               8.3 BASF             

               8.4 Kansai Paints              

               8.5 Axalta Coating System            

               8.6 PPG Industries           

               8.7 RPM International    

               8.8 The Valspar Corporation        

               8.9 The Sherwin-Williams Company          

               8.10 Dulux Powder & Industrial Coating   

9. Market Outlook & Investment Opportunities                   

Appendix                           

               List of Tables     

               List of Figures    

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • The segment-level analysis in terms of By Application, By Type and Region along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development

  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. EUROPEPowder Coating Market By Region, From 2020-2025 ( USD Billion )

  2. EUROPEPowder Coating Market By Coating Method, From 2020-2025 ( USD Billion )

  3. EUROPEElectrostatic Spray Market By Region, From 2020-2025 ( USD Billion )

  4. EUROPEFluidized Bed Market By Region, From 2020-2025 ( USD Billion )

  5. EUROPEPowder Coating Market By Application, From 2020-2025 ( USD Billion )

  6. EUROPEArchitectural Market By Region, From 2020-2025 ( USD Billion )

  7. EUROPEJobbers Market By Region, From 2020-2025 ( USD Billion )

  8. EUROPEAgricultural Market By Region, From 2020-2025 ( USD Billion )

  9. EUROPEConstruction Equipment Market By Region, From 2020-2025 ( USD Billion )

  10. EUROPEPipeline Market By Region, From 2020-2025 ( USD Billion )

  11. EUROPEOil & Gas Market By Region, From 2020-2025 ( USD Billion )

  12. EUROPEAppliances Market By Region, From 2020-2025 ( USD Billion )

  13. EUROPEGeneral Metal Market By Region, From 2020-2025 ( USD Billion )

  14. EUROPEAutomotive & Transportation Components Market By Region, From 2020-2025 ( USD Billion )

  15. EUROPEHVAC and Electrical Market By Region, From 2020-2025 ( USD Billion )

  16. EUROPEPowder Coating Market By Resin Type, From 2020-2025 ( USD Billion )

  17. EUROPEThermoset Market By Region, From 2020-2025 ( USD Billion )

  18. EUROPEThermoplastic Market By Region, From 2020-2025 ( USD Billion )

  19. EUROPEPolyester Market By Region, From 2020-2025 ( USD Billion )

  20. EUROPEEpoxy Polyester Hybrid Market By Region, From 2020-2025 ( USD Billion )

  21. EUROPEAcrylic Market By Region, From 2020-2025 ( USD Billion )

  22. EUROPEPolyurethane Market By Region, From 2020-2025 ( USD Billion )

  23. EUROPEFluoropolymer Market By Region, From 2020-2025 ( USD Billion )

  24.  

 

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