AKZO NOBEL N.V., Henkel AG & Co. KGaA, and Nippon Paint Holdings Co., Ltd. dominated the Europe Acrylic Resin Dispersion based Primers in Construction Market in 2021

Europe Acrylic Resin Dispersion based Primers in Construction Market is expected to grow with a CAGR of 7.3% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below.

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The Europe acrylic resin dispersion based primers in construction market is a highly consolidated market, which includes a specific number of key players and local players. The market has witnessed increased strategic developments owing to favourable market scenarios.

The major players dealing in the Europe acrylic resin dispersion based primers in construction market are introducing a strong range of product portfolios. This helped companies to maximize sales with enhanced product portfolio.

For instance,

  • In December 2020, the company launched a photo catalyst-based product named PROTECTION Interior Wall VK-200 for DIY. The product is a water-based paint that offers antimicrobial protection. The company expects to improve its sales and product portfolio with the launch of this new product

AKZO NOBEL N.V. is expected to dominate the Europe acrylic resin dispersion based primers in construction market. Some of the other market players are Henkel AG & Co. KGaA, Nippon Paint Holdings Co., Ltd., PPG INDUSTRIES, INC., Jotun, Sika Deutschland GmbH, THE SHERWIN-WILLIAMS COMPANY, TIKKURILA OYJ, Axalta Coating Systems Hempel A/S, Baumit, ATLAS Sp. z.o.o, Rust-Oleum (A subsidiary of RPM International Inc.), among others.

Europe Acrylic Resin Dispersion based Primers in Construction MarketAKZO NOBEL N.V.

AKZO NOBEL N.V. has headquarters in Amsterdam, the Netherlands; as public ownership, it was founded in 1646. The company focuses on manufacturing paints and coatings for various industries, with sustainability as its key motto. The company has several business segments such as Decorative Paints and Performance Chemicals, out of which Decorative Paints is the market-focused segment. The company has product categories such as Decorative Paints, Automotive and Specialty Coatings, Industrial Coatings, Marine, Protective, Powder Coatings, and Yacht Coatings, out of which Decorative Paints is the market-focused category.

  • In December 2020, AKZO NOBEL N.V acquired the Sea Hawk yacht coating brand, which is one of the top players in each coating in North America. The company considers this acquisition as an excellent growth opportunity in the respective market

The company has a wide global presence in Asia-Pacific, Europe, North America, South America, the Middle East and Africa. The company has subsidiaries which are International Paint (U.K.), Mapaero SAS (France), Akzo Nobel Pulp and Performance Chemicals (U.S.), J.P. Mcdougall & Company Ltd. (U.K.), among others.

Henkel AG & Co. KGaA 

Henkel AG & Co. KGaA has headquarters in Düsseldorf, Germany, and it was founded in 1876 as public ownership. The company focuses on producing top-notch adhesives, widely recommended in the construction, automotive, manufacturing metal, and packaging industries. The company has several business segments and product categories such as adhesive technologies, beauty care, laundry, and homecare, out of which adhesive technologies is the market-focused segment and the market-focused category.

  • In November 2020, Henkel AG & Co. KGaA opened a new state-of-the-art production facility in Montornès del Vallès, Spain, which is fully automated. It also has invested an amount of 22 million euros for a 24,000 square meter warehouse along with this which would serve as the future logistics hub for Southern Europe

The company has a presence in Asia-Pacific, Europe, the Middle East and Africa, Latin America, and North America. The company has several subsidiaries which are Henkel Algerie S.P.A. ( Algeria), Henkel Argentina S.A. (Argentina), Henkel Finance LP (Australia), Henkel Austria GmbH (Austria), among others.

Nippon Paint Holdings Co., Ltd

Nippon Paint Holdings Co., Ltd has headquarters in Tokyo, Japan, as public ownership and was founded in 1881. The company focuses on manufacturing paints with a mission to bring color and joy to people’s lives through paints and coatings. The company has various business segments such as automotive coatings, decorative paints, industrial coatings, fine chemicals, and other paints (marine and auto refinishes, among others), out of which the market-focused segment is decorative paints. The company has product categories which are paints for home use (DIY), paints for architectural structures, automotive coatings, industrial coatings, surface treatments, and marine coatings, out of which surface treatments is the market-focused category.