Europe Refinished Paints Market, By Resin Type (Polyurethane Resin, Epoxy Resin, Acrylic Resin), Technology (Solvent borne Coating, Waterborne Coating, Powder Coating), Layer (Basecoat, Primer, Clear Coat, Sealer), Vehicle (Light Commercial Vehicle, Truck, Bus, Passenger Car), Country (Germany, France, U.K, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe) Industry Trends and Forecast to 2027
Market Analysis and Insights: Europe Refinished Paints Market
Europe refinished paints market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market growth at a CAGR of 3.9% in the above-mentioned forecast period.
The rising of repairs and the maintenance activities, increase in demand of the vehicles within the market, and growing demand for the recreational vehicles and refinished paints are produced from additives, pigments, resins, and solvents. These are generally used in automotive industry whereas aerospace and automotive require to get serviced frequently to recover damages whereas rising number of accidents and high adoption rate of new technology will be driving factor for market.
Growing demand for automobiles, rising demand for recreational vehicle (RV), and surge in repair and maintenance activates are the key driving factors in the refinished paints market. Although, volatility in raw material prices and upgraded safety features on advanced vehicles could hamper the growth of the Europe refinished paints market.
This Europe refinished paints market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research Europe refinished paints market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe Refinished Paints Market Scope and Market Size
Europe refinished paints market is segmented on the basis of resin type, technology, layer and vehicle. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of resin type, Europe refinished paints market is segmented into polyurethane resin, epoxy resin, acrylic resin.
- On the basis of technology, Europe refinished paints market is segmented into solvent borne coating, waterborne coating, and powder coating.
- On the basis of layer, Europe refinished paints market is segmented into basecoat, primer, clear coat, sealer.
- On the basis of vehicle, Europe refinished paints market is segmented into light commercial vehicle, truck, bus, passenger car.
Europe Refinished Paints Market Country Level Analysis
Europe refinished paints market is analysed and market size, volume information is provided by country, resin type, technology, layer and vehicle as referenced above.
The countries covered in the Europe refinished paints market report are Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, and Rest of Europe.
The Germany is anticipated to dominate Europe refinished paints market Germany is the leader in Europe's automotive market with 41 assembly and engine manufacturing plants contributing one - third of total automobile production in Europe. The total new car market in the country is over three million vehicles. New vehicle sales/registrations in the country are steadily increasing and the improvement in the economy reflects consumer confidence. It is expected to provide consistent support for paints and coatings from the automotive sector.
The country section of the Europe refinished paints market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of European brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Refinished Paints Market Share Analysis
Europe refinished paints market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance.
The major players covered in the Europe refinished paints market report are 3M, AkzoNobel NV., Alpscoatings, Axalta, BASF SE, BESA, Donglai Coating Technology Ltd., HMG Paints Limited, James Brigg Ltd., Kansai Paints Co. Ltd., Kapci Coatings, KCC Paints, The Lubrizol Corporation, MIPA SE, NIPSEA GROUP, NOROO Paint & Coatings Co. Ltd., Alpscoating, NOVOL, Samhwa Paints Industrial Co. Ltd., The Sherwin-Williams Company, TOA Performance Coating Corporation, WEG, PPG Industries Inc., and Cresta Paint Industries Ltd. among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Europe Refinished Paints Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.