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Europe Waterborne Acrylic Coatings Market Size, Trends & Growth Opportunity By Resin Type (Pure Acrylics, Styrene Acrylics, Acrylic Polyurethane), By Application (Architectural Coatings, Industrial Coatings), By End User (Building & Construction, Automotive, Woodworking, Packaging, Others), By Region and Forecast till 2030.

Report ID : QR1003545 | Industries : Chemicals & Materials | Published On :September 2024 | Page Count : 254
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Europe Waterborne Acrylic Coatings Market Size, Trends & Growth Opportunity By Resin Type (Pure Acrylics, Styrene Acrylics, Acrylic Polyurethane), By Application (Architectural Coatings, Industrial Coatings), By End User (Building & Construction, Automotive, Woodworking, Packaging, Others), By Region and Forecast till 2030.

Europe Waterborne Acrylic Coatings Market

The Europe Waterborne Acrylic Coatings Market report offers an in-depth analysis of the market size, trends, and forecasts from 2023 to 2030. In 2023, the market is valued at EUR 91.5 billion, and it is projected to reach around EUR 114.7 billion by 2030, growing at a compound annual growth rate (CAGR) of 3.8% during the forecast period.

Market Drivers:

  1. Increasing Demand for Eco-friendly Coatings: The shift towards sustainable and environmentally friendly products is driving the adoption of waterborne acrylic coatings, which have lower volatile organic compounds (VOC) emissions compared to solvent-based alternatives.
  2. Growing Construction and Automotive Industries: The robust growth in the construction and automotive sectors across Europe is significantly boosting the demand for waterborne acrylic coatings, particularly for applications in residential, commercial, and automotive refinishing.
  3. Stringent Environmental Regulations: European regulations, such as the REACH (Registration, Evaluation, Authorisation, and Restriction of Chemicals) framework, are pushing manufacturers towards low-VOC and environmentally safer coating solutions, propelling the waterborne acrylic coatings market.
  4. Technological Advancements in Coating Formulations: Innovations in coating technologies, including enhanced durability, faster drying times, and improved resistance to weather and UV rays, are contributing to the growing popularity of waterborne acrylic coatings.

Market Restraints:

  1. High Cost Compared to Solvent-based Coatings: Waterborne acrylic coatings tend to be more expensive than their solvent-based counterparts, which can be a barrier for price-sensitive end-users.
  2. Performance Challenges in Extreme Conditions: Waterborne coatings may face performance issues such as reduced adhesion and longer drying times in high humidity or cold weather conditions, which can limit their application in certain environments.
  3. Raw Material Price Volatility: Fluctuations in the prices of raw materials, including acrylic resins, can affect the overall cost structure and profitability of waterborne acrylic coatings manufacturers.

Regional Growth Insights:

  • Western Europe: Countries like Germany, France, and the UK are leading markets due to their well-established automotive and construction sectors, stringent environmental standards, and strong demand for sustainable coating solutions.
  • Southern Europe: The market in Southern Europe, including Italy and Spain, is experiencing steady growth, driven by the recovery of the construction industry and rising investments in infrastructure and renovation projects.
  • Eastern Europe: Eastern Europe is witnessing increasing adoption of waterborne acrylic coatings, supported by industrial growth and modernization efforts, particularly in Poland, the Czech Republic, and Hungary. However, the market faces challenges due to slower economic growth compared to Western Europe.

Key Players:

  • Akzo Nobel N.V.
  • BASF SE
  • Jotun Group
  • Axalta Coating Systems
  • PPG Industries Inc.
  • Kansai Paint Co., Ltd.
  • Hempel A/S
  • Sika AG
  • Tikkurila Oyj
  • Teknos Group Oy

Recent Developments:

  1. Innovative Product Launches: Leading manufacturers are introducing new and improved waterborne acrylic coatings with advanced features such as enhanced abrasion resistance, better color retention, and suitability for high-performance applications.
  2. Strategic Partnerships and Expansions: Companies are expanding their production capacities and forming strategic alliances to strengthen their market presence. Recent expansions in manufacturing facilities in key markets highlight the growing demand for waterborne coatings in Europe.
  3. Sustainability Initiatives: Manufacturers are increasingly focusing on sustainability by investing in eco-friendly formulations and reducing the carbon footprint of their production processes, aligning with Europe’s green agenda.

 

Europe Waterborne Acrylic Coatings Market Toc:

  1. Introduction
    1. Objective of the Study
    2. Market definition
    3. Market Scope
  2. Executive Summary
  3. Europe Waterborne Acrylic Coatings Market Outlook
    1. Overview
    2. Market Dynamics
    3. Drivers
    4. Restraints
    5. Opportunities
    6. Porters Five Force Model
    7. Value Chain Analysis
  4. Europe Waterborne Acrylic Coatings Market, By Resin Type
    1.   Y-o-Y Growth Comparison, By Resin Type
    2.   Europe Waterborne Acrylic Coatings Market Share Analysis, By Resin Type
    3.   Europe Waterborne Acrylic Coatings Market Size and Forecast, By Resin Type
        1. Pure Acrylics
        2. Styrene Acrylics
        3. Acrylic Polyurethane

5.   Europe Waterborne Acrylic Coatings Market, By Application

    1.   Y-o-Y Growth Comparison, By Application
    2.   Europe Waterborne Acrylic Coatings Market Share Analysis, By Application
    3.   Europe Waterborne Acrylic Coatings Market Size and Forecast, By Application
        1. Architectural Coatings
          • Residential
          • Commercial
        2. Industrial Coatings
  2. Europe Waterborne Acrylic Coatings Market, By End-Use Industry
    1. Y-o-Y Growth Comparison, By End-Use Industry
    2. Europe Waterborne Acrylic Coatings Market Share Analysis, By End-Use Industry
    3.    Europe Waterborne Acrylic Coatings Market Size and Forecast, By End-Use Industry
        1.  Building & Construction
        2.   Automotive
        3.   Woodworking
        4.   Packaging
        5.   Others

7.     Europe Waterborne Acrylic Coatings Market Analysis and Forecast (2024-2030)

a.    Introduction

    1. Europe Waterborne Acrylic Coatings Market Share Analysis, By Resin Type
    2. Europe Waterborne Acrylic Coatings Market Size and Forecast, By Application
    3. Europe Waterborne Acrylic Coatings Market Size and Forecast, By End-Use Industry
    4. Europe Waterborne Acrylic Coatings Market Size and Forecast, By Country
        1. Germany
        2. Market Size and Forecast, By Resin Type
        3. Market Size and Forecast, By Application
        4. Market Size and Forecast, By End-Use Industry
        5.    France
        6. Market Size and Forecast, By Resin Type
        7. Market Size and Forecast, By Application
        8. Market Size and Forecast, By End-Use Industry
        9.    UK
        10. Market Size and Forecast, By Resin Type
        11. Market Size and Forecast, By Application
        12. Market Size and Forecast, By End-Use Industry
        13.    Switzerland
        14. Market Size and Forecast, By Resin Type
        • Market Size and Forecast, By Application
        • Market Size and Forecast, By End-Use Industry
        •   Italy
        • Market Size and Forecast, By Resin Type
        • Market Size and Forecast, By Application
        • Market Size and Forecast, By End-Use Industry

vi.       Spain

        • Market Size and Forecast, By Resin Type
        • Market Size and Forecast, By Application
        • Market Size and Forecast, By End-Use Industry

vii.      Netherlands

        • Market Size and Forecast, By Resin Type
        • Market Size and Forecast, By Application
        • Market Size and Forecast, By End-Use Industry

viii.     Poland

        • Market Size and Forecast, By Resin Type
        • Market Size and Forecast, By Application
        • Market Size and Forecast, By End-Use Industry

xi.       Russia

        • Market Size and Forecast, By Resin Type
        • Market Size and Forecast, By Application
        • Market Size and Forecast, By End-Use Industry

x.        Rest of Europe

        • Market Size and Forecast, By Resin Type
        • Market Size and Forecast, By Application
        • Market Size and Forecast, By End-Use Industry

8.     Competition Analysis

    1. Competition Dashboard
    2. Market Share Analysis of Top Vendors
    3. Key Development Strategies

9.     Company Profiles

1.    Akzo Nobel N.V.

        1. Overview
        2. Offerings
        3. Key Financials

iv.       Business Segment & Geographic Overview

        1. Key Market Developments
        2. Key Strategies

2.    BASF SE

        1. Overview
        2. Offerings
        3. Key Financials
        4. Business Segment & Geographic Overview
        5. Key Market Developments
        6. Key Strategies

3.    Jotun Group

        1. Overview
        2. Offerings
        3. Key Financials

iv.       Business Segment & Geographic Overview

        1. Key Market Developments
        2. Key Strategies

4.    Axalta Coating Systems

        1. Overview
        2. Offerings
        3. Key Financials

iv.       Business Segment & Geographic Overview

        1. Key Market Developments
        2. Key Strategies

5.    PPG Industries Inc.

        1. Overview
        2. Offerings
        3. Key Financials
        4. Business Segment & Geographic Overview
        5. Key Market Developments
        6. Key Strategies

6.     Kansai Paint Co., Ltd.

        1. Overview
        2. Offerings
        3. Key Financials
        4. Business Segment & Geographic Overview
        5. Key Market Developments
        6. Key Strategies

7.     Hempel A/S

        1. Overview
        2. Offerings
        3. Key Financials
        4. Business Segment & Geographic Overview
        5. Key Market Developments
        6. Key Strategies

8.     Sika AG

        1. Overview
        2. Offerings
        3. Key Financials

iv.       Business Segment & Geographic Overview

        1. Key Market Developments
        2. Key Strategies
    2.  Tikkurila Oyj
        1. Overview
        2. Offerings
        3. Key Financials

iv.       Business Segment & Geographic Overview

        1. Key Market Developments
        2. Key Strategies
    2.   Teknos Group Oy
        1. Overview
        2. Offerings
        3. Key Financials

iv.       Business Segment & Geographic Overview

        1. Key Market Developments
        2. Key Strategies
  2. 9.      Assumptions and Acronyms Used
  3. 10.    Research Methodology

 

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