1 INTRODUCTION 27
1.1 OBJECTIVES OF THE STUDY 27
1.2 MARKET DEFINITION 27
1.2.1 MARKET INCLUSIONS 28
1.2.2 MARKET EXCLUSION 28
1.3 MARKETS COVERED 28
FIGURE 1 PAINTS & COATINGS: MARKET SEGMENTATION 28
1.3.1 YEAR CONSIDERED FOR THE STUDY 29
1.4 CURRENCY 29
1.5 UNIT CONSIDERED 29
1.6 STAKEHOLDERS 29

2 RESEARCH METHODOLOGY 30
2.1 RESEARCH DATA 30
FIGURE 2 EUROPE PAINTS & COATINGS MARKET: RESEARCH DESIGN 30
2.1.1 SECONDARY DATA 31
2.1.1.1 Key data from secondary sources 31
2.1.2 PRIMARY DATA 31
2.1.2.1 Primary data sources 32
2.1.2.2 Key data from primary sources 32
2.1.2.3 Key industry insights 33
2.1.2.4 Breakdown of primary interviews 33
2.2 MARKET SIZE ESTIMATION 34
FIGURE 3 MARKET ESTIMATION: SUPPLY SIDE 34
2.2.1 BOTTOM-UP APPROACH 35
FIGURE 4 BOTTOM-UP MARKET SIZE ESTIMATION 35
FIGURE 5 TOP-DOWN APPROACH 36
2.3 DATA TRIANGULATION 37
FIGURE 6 PAINTS & COATINGS MARKET: DATA TRIANGULATION 37
2.4 ASSUMPTIONS & LIMITATIONS 38
TABLE 1 RESEARCH ASSUMPTIONS 38
TABLE 2 RESEARCH LIMITATIONS 38

3 EXECUTIVE SUMMARY 39
TABLE 3 PAINTS & COATINGS MARKET SNAPSHOT (2020 VS. 2025) 39
FIGURE 7 ACRYLIC RESIN DOMINATES OVERALL ARCHITECTURAL PAINTS & COATINGS MARKET 40
FIGURE 8 ACRYLIC TO BE FASTEST-GROWING RESIN TYPE IN INDUSTRIAL PAINTS & COATINGS 41
FIGURE 9 WATERBORNE TECHNOLOGY TO ACCOUNT FOR LARGEST SHARE OF PAINTS & COATINGS MARKET 41
FIGURE 10 INDUSTRIAL SEGMENT TO ACCOUNTS FOR LARGER SHARE 42

4 PREMIUM INSIGHTS 43
4.1 ATTRACTIVE OPPORTUNITIES IN PAINTS & COATINGS MARKET 43
FIGURE 11 EMERGING ECONOMIES TO OFFER LUCRATIVE GROWTH OPPORTUNITIES FOR MARKET PLAYERS 43
4.2 EUROPE PAINTS & COATINGS MARKET, BY RESIN TYPE 43
FIGURE 12 ACRYLIC RESIN TO BE LARGEST SEGMENT DURING FORECAST PERIOD 43
4.3 PAINTS & COATINGS MARKET, BY END-USE INDUSTRY AND COUNTRY 44
FIGURE 13 GERMANY WAS LARGEST PAINTS & COATINGS MARKET IN 2020 44
4.4 PAINTS & COATINGS MARKET ATTRACTIVENESS, BY KEY COUNTRIES 44
FIGURE 14 NORWAY TO REGISTER HIGHEST CAGR DURING THE FORECAST PERIOD 44

5 MARKET OVERVIEW 45
5.1 INTRODUCTION 45
5.2 MARKET DYNAMICS 45
FIGURE 15 OVERVIEW OF FACTORS GOVERNING THE EUROPEAN PAINTS & COATINGS MARKET 45
5.2.1 DRIVERS 46
5.2.1.1 Green environmental regulations 46
5.2.1.2 Increasing demand for premium paints 46
5.2.1.3 High demand for DIY paint during the lockdown period 46
5.2.1.4 Availability of durable coatings with better performance and esthetics 47
5.2.1.5 Technological advancements in powder coatings 47
5.2.2 RESTRAINTS 47
5.2.2.1 Economic slowdown and impact of COVID-19 on European industrial sectors 47
5.2.2.2 Decrease in number of commercial aircraft deliveries 48
5.2.2.3 Disruption in supply chain and lower production utilization due to COVID-19 pandemic 48
5.2.3 OPPORTUNITIES 48
5.2.3.1 Increasing demand for technologically-advanced coatings in automotive and aerospace industries 48
5.2.3.2 Rising usage of antimicrobial coatings in novel applications 48
5.2.3.3 Increasing paint consumption per capita in developing countries in Europe 49
5.2.4 CHALLENGES 49
5.2.4.1 Environmental challenges and stringent regulatory policies 49
5.3 PORTER'S FIVE FORCES ANALYSIS 49
FIGURE 16 PORTER'S FIVE FORCES ANALYSIS: PAINTS & COATINGS MARKET 49
5.3.1 THREAT OF NEW ENTRANTS 50
5.3.2 THREAT OF SUBSTITUTES 50
5.3.3 BARGAINING POWER OF BUYERS 50
5.3.4 BARGAINING POWER OF SUPPLIERS 50
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 51
5.4 REGULATIONS 51
5.4.1 BRITISH COATINGS FEDERATION 51
5.4.1.1 Decorative coatings 51
5.4.1.2 Vehicle refinish products 52
5.4.2 EU ECOLABEL 53
5.4.3 BIOCIDES PRODUCTS REGULATION (BPR) 56
5.4.3.1 Exclusion criteria 56
5.4.3.2 Active substances which are candidates for substitution 56
5.5 PRICING ANALYSIS 57
FIGURE 17 AVERAGE PRICE COMPETITIVENESS IN EUROPEAN PAINTS & COATINGS MARKET 57
FIGURE 18 AVERAGE HISTORIC AND FORECASTED PRICES IN EUROPEAN PAINTS & COATINGS MARKET 58
5.6 PAINTS & COATINGS ECOSYSTEM 58
FIGURE 19 PAINTS & COATINGS ECOSYSTEM 58
FIGURE 20 YC AND YCC SHIFT 59
5.7 TRADE ANALYSIS 59
5.7.1 IMPORT-EXPORT SCENARIO OF PAINTS & COATINGS IN EUROPEAN MARKET 59
TABLE 4 IMPORT-EXPORT TRADE DATA FOR SELECTED EUROPEAN COUNTRIES, 2019 59
FIGURE 21 PAINTS & COATINGS IMPORT DATA ANALYSIS, 2017-2019 60
FIGURE 22 PAINTS & COATINGS EXPORT DATA ANALYSIS, 2017-2019 60
5.8 PATENT ANALYSIS 61
5.8.1 METHODOLOGY 61
5.8.2 PUBLICATION TRENDS 61
FIGURE 23 NUMBER OF PATENTS PUBLISHED, 2015-2020 61
5.8.3 TOP APPLICANTS 62
FIGURE 24 PATENTS PUBLISHED BY MAJOR PLAYERS, 2015-2020 62
TABLE 5 RECENT PATENTS BY PPG IND OHIO INC IN 2020 62
5.9 CASE STUDY ANALYSIS 63
5.10 TECHNOLOGY ANALYSIS 63

6 MACROECONOMIC TRENDS AND IMPACT OF COVID-19 64
6.1 MACROECONOMIC OVERVIEW AND KEY TRENDS 64
6.1.1 INTRODUCTION 64
6.1.2 TRENDS AND FORECAST OF GDP 64
TABLE 6 GDP PERCENTAGE CHANGE OF KEY COUNTRIES, 2019-2025 64
6.1.3 TRENDS AND FORECAST OF GLOBAL AUTOMOTIVE INDUSTRY 65
TABLE 7 AUTOMOTIVE PRODUCTION (2017-2019) 65
TABLE 8 AUTOMOTIVE PRODUCTION (Q1 & Q2 - 2019 VS 2020) 65
6.2 COVID-19 IMPACT 66
6.3 COVID-19 ECONOMIC ASSESSMENT 66
FIGURE 25 REVISED GDP FORECASTS DUE TO COVID-19 FOR SELECT EUROPEAN COUNTRIES IN 2020 67
6.3.1 COVID-19 ECONOMIC IMPACT - SCENARIO ASSESSMENT 68
FIGURE 26 FACTORS IMPACTING ECONOMY OF SELECT G20 COUNTRIES IN 2020 68
FIGURE 27 SCENARIO-BASED ANALYSIS OF IMPACT OF COVID-19 ON BUSINESS 69
FIGURE 28 IMPACT OF COVID-19 ON PAINTS & COATINGS MARKET 70

7 COVID-19 IMPACT ON PAINTS & COATINGS MARKET 71
7.1 VALUE CHAIN OF THE PAINTS & COATINGS INDUSTRY 71
FIGURE 29 PAINTS & COATINGS VALUE CHAIN 71
FIGURE 30 IMPACT OF COVID-19 ON VALUE CHAIN NODES 72
FIGURE 31 PAINTS & COATINGS VALUE CHAIN: PLAYERS AT EACH NODE 73
7.2 IMPACT ON VALUE CHAIN 73
7.2.1 RAW MATERIALS/SUPPLIERS 73
7.2.1.1 Impact of COVID-19 on raw materials and suppliers 74
7.2.1.1.1 Resins 74
7.2.1.1.2 Pigments 74
7.2.1.1.3 Solvents 74
7.2.1.1.4 Additives 75
7.2.2 PAINTS AND COATINGS FORMULATORS 75
7.2.2.1 Impact of COVID-19 on formulators 75
7.2.3 APPLICATORS 76
7.2.3.1 Impact of COVID-19 on applicators 76
7.2.4 DISTRIBUTORS 76
TABLE 9 DISTRIBUTORS: OFFERINGS AND SERVICES 76
7.2.4.1 Impact of COVID-19 on distributors 77
7.2.5 END-USE INDUSTRIES 77
7.2.5.1 Impact of COVID-19 on end-use industries 77
7.3 CUSTOMER ANALYSIS 78
7.3.1 SHIFT IN AUTOMOTIVE INDUSTRY 78
7.3.1.1 Disruption in the industry 78
7.3.2 IMPACT ON CUSTOMERS' OUTPUT & STRATEGIES TO RESUME/ IMPROVE PRODUCTION 79
7.3.2.1 Impact on customers' revenues 79
7.3.2.2 Most impacted countries 79
TABLE 10 PRODUCTION IMPACT DUE TO COVID-19 CRISIS ON EUROPEAN AUTO INDUSTRY 80
7.3.2.2.1 Short-term strategies to manage cost structure and supply chains 80
7.3.2.3 New market opportunities/growth opportunities 81
7.3.2.3.1 Measures taken by customers 81
7.3.2.4 Customers' perspective on growth outlook 82
7.4 SHIFT IN AEROSPACE INDUSTRY 82
7.4.1 DISRUPTION IN THE INDUSTRY 82
7.4.2 IMPACT ON CUSTOMERS' OUTPUT & STRATEGIES TO RESUME/IMPROVE PRODUCTION 83
7.4.3 IMPACT ON CUSTOMERS' REVENUES 83
7.4.3.1 Most impacted regions 84
7.4.3.2 Short-term strategies to manage cost structure and supply chains 84
7.4.4 NEW MARKET OPPORTUNITIES/GROWTH OPPORTUNITIES 84
7.4.4.1 Customers' perspective on growth outlook 84
7.5 SHIFT IN CONSTRUCTION INDUSTRY 85
7.5.1 DISRUPTION IN THE INDUSTRY 85
7.5.2 IMPACT ON CUSTOMERS' OUTPUT & STRATEGIES TO RESUME/IMPROVE PRODUCTION 85
7.5.3 IMPACT ON CUSTOMERS' REVENUES 85
7.5.3.1 Customer's most impacted regions 86
7.5.3.2 Short-term strategies to manage cost structure and supply chains 86
7.5.4 NEW MARKET OPPORTUNITIES/GROWTH OPPORTUNITIES 86
7.5.4.1 Measures taken by customers 86
7.5.4.2 Customers' perspective on growth outlook 87

8 PAINTS & COATINGS MARKET, BY RESIN TYPE 88
8.1 INTRODUCTION 89
FIGURE 32 ACRYLIC IS DOMINANT SEGMENT IN OVERALL ARCHITECTURAL PAINTS & COATINGS MARKET 89
FIGURE 33 POLYURETHANE IS LARGEST SEGMENT IN OVERALL INDUSTRIAL PAINTS & COATINGS MARKET 89
TABLE 11 ARCHITECTURAL PAINTS & COATINGS MARKET SIZE, BY RESIN TYPE,
2018-2025 (KILOTON) 90
TABLE 12 ARCHITECTURAL PAINTS & COATINGS MARKET SIZE, BY RESIN TYPE,
2018-2025 (USD MILLION) 90
TABLE 13 INDUSTRIAL PAINTS & COATINGS MARKET SIZE, BY RESIN TYPE,
2018-2025 (KILOTON) 90
TABLE 14 INDUSTRIAL PAINTS & COATINGS MARKET SIZE, BY RESIN TYPE,
2018-2025 (USD MILLION) 91
8.2 ACRYLIC 91
8.2.1 ACRYLICS WIDELY USED DUE TO THEIR GOOD APPEARANCE, WEATHERABILITY, AND ELECTROSTATIC CHARACTERISTICS 91
TABLE 15 ACRYLIC BASED PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON) 91
TABLE 16 ACRYLIC BASED PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 92
8.3 ALKYD 92
8.3.1 ALKYDS ARE LOW COST, LOW TOXICITY, AND LOW SURFACE TENSION RESINS THAT PERMITS WETTING OF MOST SURFACES 92
TABLE 17 ALKYD BASED PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2019 (KILOTON) 92
TABLE 18 ALKYD BASED PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2019 (USD MILLION) 93
8.4 EPOXY 93
8.4.1 EPOXY PAINTS & COATINGS ARE CAPABLE OF CURING AT AMBIENT OR HIGH TEMPERATURES AND MINIMAL PRESSURE 93
8.5 POLYESTER 94
8.5.1 POLYESTER OFFERS LOW COST, DIMENSIONAL STABILITY, GOOD MECHANICAL STRENGTH, AND HIGH CHEMICAL RESISTANCE 94
8.6 POLYURETHANE 94
8.6.1 POLYURETHANE RESIN PAINTS POSSESS HIGH DURABILITY, TOUGHNESS, HIGH GLOSS, AND ARE EASY TO CLEAN 94
TABLE 19 POLYURETHANE BASED PAINTS & COATINGS MARKET SIZE,
BY END-USE INDUSTRY, 2018-2025 (KILOTON) 95
TABLE 20 POLYURETHANE BASED PAINTS & COATINGS MARKET SIZE,
BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 95
8.7 FLUOROPOLYMER 95
8.7.1 PTFE COATINGS WIDELY USED IN COOKWARE, SCRATCH-FREE WINDSHIELD WIPER, FABRIC PROTECTORS, AND PCB 95
8.8 VINYL 96
8.8.1 AIR-DRYING COATINGS WITH VINYL COPOLYMERS PROVIDE TOUGHNESS AND GOOD RESISTANCE TO WATER AND CHEMICALS 96
8.9 OTHERS 96

9 EUROPE PAINTS & COATINGS MARKET ANALYSIS, BY TECHNOLOGY 97
9.1 INTRODUCTION 98
FIGURE 34 WATERBORNE SEGMENT TO DOMINATE EUROPE PAINTS & COATINGS MARKET 98
TABLE 21 EUROPE PAINTS & COATINGS MARKET SIZE, BY TECHNOLOGY,
2018-2025 (KILOTON) 98
TABLE 22 EUROPE PAINTS & COATINGS MARKET SIZE, BY TECHNOLOGY,
2018-2025 (USD MILLION) 99
9.2 WATERBORNE TECHNOLOGY 99
9.2.1 QUALITY AND STRENGTH OF WATERBORNE COATINGS DEPENDENT ON RESIN, ADDITIVES, AND PIGMENTS 99
9.3 SOLVENTBORNE TECHNOLOGY 100
9.3.1 SOLVENTBORNE RESINS SEGMENT DECLINING AS INNOVATIONS IN THIS TECHNOLOGY ARE LIMITED 100
9.4 POWDER COATING 100
9.4.1 GROWING REQUIREMENT FOR DURABLE, BETTER WEATHERING, AND ROBUST MECHANICAL PROPERTIES FUELING DEMAND FOR POWDER COATINGS 100
9.5 OTHERS 101

10 EUROPE PAINTS & COATINGS MARKET, BY END-USE INDUSTRY 102
10.1 INTRODUCTION 102
FIGURE 35 INDUSTRIAL SECTOR TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 102
10.2 ARCHITECTURAL END-USE INDUSTRY 103
10.2.1 ECONOMIC GROWTH AND HIGHER INCOMES BOOSTING THE DEMAND FOR ARCHITECTURAL COATINGS 103
TABLE 23 EUROPE PAINTS & COATINGS MARKET SIZE IN ARCHITECTURAL,
BY COUNTRY, 2018-2025 (KILOTON) 103
TABLE 24 EUROPE PAINTS & COATINGS MARKET SIZE IN ARCHITECTURAL,
BY COUNTRY, 2018-2025 (USD MILLION) 104
10.2.2 RESIDENTIAL 104
10.2.3 NON-RESIDENTIAL 104
10.2.4 INFRASTRUCTURE 104
10.3 INDUSTRIAL 105
10.3.1 PAINTS & COATINGS USED FOR CORROSION CONTROL OF STEEL OR CONCRETE IN NUMEROUS APPLICATIONS 105
TABLE 25 EUROPE PAINTS & COATINGS MARKET SIZE IN INDUSTRIAL, BY COUNTRY, 2018-2025 (KILOTON) 105
TABLE 26 EUROPE PAINTS & COATINGS MARKET SIZE IN INDUSTRIAL, BY COUNTRY, 2018-2025 (USD MILLION) 106
10.3.2 GENERAL INDUSTRIAL 106
TABLE 27 EUROPE PAINTS & COATINGS MARKET SIZE IN GENERAL INDUSTRIAL,
BY COUNTRY, 2018-2025 (KILOTON) 107
TABLE 28 EUROPE PAINTS & COATINGS MARKET SIZE IN GENERAL INDUSTRIAL,
BY COUNTRY, 2018-2025 (USD MILLION) 108
10.3.3 OEM 109
TABLE 29 EUROPE PAINTS & COATINGS MARKET SIZE IN OEM, BY COUNTRY,
2018-2025 (KILOTON) 109
TABLE 30 EUROPE PAINTS & COATINGS MARKET SIZE IN OEM, BY COUNTRY,
2018-2025 (USD MILLION) 110
10.3.3.1 Passenger cars 110
10.3.3.2 Commercial vehicles 111
10.3.3.3 Heavy-duty equipment 111
10.3.3.4 Rail 111
10.3.3.5 Aerospace 112
10.3.3.6 Marine 112
10.3.4 WOOD COATING 112
TABLE 31 EUROPE PAINTS & COATINGS MARKET SIZE IN WOOD, BY COUNTRY,
2018-2025 (KILOTON) 113
TABLE 32 EUROPE PAINTS & COATINGS MARKET SIZE IN WOOD, BY COUNTRY,
2018-2025 (USD MILLION) 114
10.3.5 OTHERS 114
TABLE 33 EUROPE PAINTS & COATINGS MARKET SIZE IN OTHER END-USE INDUSTRIES, BY COUNTRY, 2018-2025 (KILOTON) 115
TABLE 34 EUROPE PAINTS & COATINGS MARKET SIZE IN OTHER END-USE INDUSTRIES, BY COUNTRY, 2018-2025 (USD MILLION) 116
10.3.5.1 Protective coatings 116
10.3.5.2 Coil coating 117
10.3.5.3 Packaging 117

11 EUROPE PAINTS & COATINGS MARKET, BY COUNTRY 118
11.1 INTRODUCTION 119
TABLE 35 EUROPE PAINTS & COATINGS MARKET SIZE, BY COUNTRY,
2018-2025 (KILOTON) 119
TABLE 36 EUROPE PAINTS & COATINGS MARKET SIZE, BY COUNTRY,
2018-2025 (USD MILLION) 120
11.2 GERMANY 121
11.2.1 FAVORABLE ECONOMIC ENVIRONMENT FOR CONSTRUCTION SECTOR AND RISING DEMAND FOR NEW HOMES 121
TABLE 37 GERMANY: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON) 121
TABLE 38 GERMANY: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 121
TABLE 39 GERMANY: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON) 121
TABLE 40 GERMANY: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 122
11.3 RUSSIA 122
11.3.1 EXPECTED RECOVERY IN CONSTRUCTION INDUSTRY TO SUPPORT MARKET GROWTH 122
TABLE 41 RUSSIA: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (KILOTON) 122
TABLE 42 RUSSIA: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 123
TABLE 43 RUSSIA: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON) 123
TABLE 44 RUSSIA: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 123
11.4 FRANCE 124
11.4.1 REVIVING ECONOMY AND INVESTMENT IN INFRASTRUCTURE TO BOOST DEMAND FOR ARCHITECTURAL COATINGS 124
TABLE 45 FRANCE: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (KILOTON) 124
TABLE 46 FRANCE: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 125
TABLE 47 FRANCE: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON) 125
TABLE 48 FRANCE: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 125
11.5 UK 126
11.5.1 GROWING CONSTRUCTION SECTOR AND GOVERNMENT'S SPENDING ON INFRASTRUCTURE TO BOOST DEMAND FOR ARCHITECTURAL COATINGS 126
TABLE 49 UK: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (KILOTON) 126
TABLE 50 UK: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 126
TABLE 51 UK: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (KILOTON) 127
TABLE 52 UK: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 127
11.6 ITALY 128
11.6.1 NEW PROJECT FINANCE RULES AND INVESTMENT POLICIES IN CONSTRUCTION SECTOR TO SUPPORT MARKET GROWTH 128
TABLE 53 ITALY: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (KILOTON) 128
TABLE 54 ITALY: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 128
TABLE 55 ITALY: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (KILOTON) 129
TABLE 56 ITALY: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 129
11.7 POLAND 129
11.7.1 RESIDENTIAL BUILDINGS AND OTHER INFRASTRUCTURE EXPECTED TO DRIVE ARCHITECTURAL PAINTS MARKET 129
TABLE 57 POLAND: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (KILOTON) 130
TABLE 58 POLAND: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 130
TABLE 59 POLAND: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON) 130
TABLE 60 POLAND: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 130
FIGURE 36 IMPACT OF COVID-19 ON POLAND'S CONSTRUCTION SECTOR 131
11.8 TURKEY 131
11.8.1 GROWING HOUSING SECTOR TO CREATE STRONG DEMAND FOR COATINGS 131
TABLE 61 TURKEY: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (KILOTON) 132
TABLE 62 TURKEY: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 132
TABLE 63 TURKEY: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON) 132
TABLE 64 TURKEY: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 132
11.9 SPAIN 133
11.9.1 GROWTH IN RESIDENTIAL CONSTRUCTION SECTOR TO SPUR DEMAND FOR ARCHITECTURAL COATINGS 133
TABLE 65 SPAIN: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (KILOTON) 133
TABLE 66 SPAIN: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 133
TABLE 67 SPAIN: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (KILOTON) 133
TABLE 68 SPAIN: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 134
11.10 SWEDEN 134
11.10.1 NEW INFRASTRUCTURAL PROJECTS TO DRIVE MARKET FOR PAINTS & COATINGS 134
TABLE 69 SWEDEN: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (KILOTON) 134
TABLE 70 SWEDEN: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 135
TABLE 71 SWEDEN: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON) 135
TABLE 72 SWEDEN: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 135
11.11 DENMARK 136
11.11.1 GOVERNMENT SUPPORT FOR CONSTRUCTION INDUSTRY GROWTH TO DRIVE DEMAND 136
TABLE 73 DENMARK: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON) 136
TABLE 74 DENMARK: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 136
TABLE 75 DENMARK: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON) 136
TABLE 76 DENMARK: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 137
11.12 NORWAY 138
11.12.1 INDUSTRIAL SEGMENT IS DOMINANT CONSUMER OF PAINTS & COATINGS 138
TABLE 77 NORWAY: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (KILOTON) 138
TABLE 78 NORWAY: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 138
TABLE 79 NORWAY: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON) 138
TABLE 80 NORWAY: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 139
11.13 FINLAND 139
11.13.1 DEMAND FOR NEW HOUSES EXPECTED TO DRIVE ARCHITECTURAL PAINTS MARKET 139
TABLE 81 FINLAND: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (KILOTON) 139
TABLE 82 FINLAND: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 140
TABLE 83 FINLAND: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON) 140
TABLE 84 FINLAND: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 140
FIGURE 37 EXPORT MARKETS FOR FINNISH FOREST PRODUCTS, 2019 141
11.14 LITHUANIA 141
11.14.1 WOOD FURNITURE INDUSTRY EXPECTED TO DRIVE THE WOOD COATINGS MARKET 141
TABLE 85 LITHUANIA: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON) 142
TABLE 86 LITHUANIA: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 142
TABLE 87 LITHUANIA: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON) 142
TABLE 88 LITHUANIA: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 142
11.15 LATVIA 144
11.15.1 INFRASTRUCTURE AND COMMERCIAL BUILDINGS EXPECTED TO DRIVE PAINTS & COATINGS MARKET 144
TABLE 89 LATVIA: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (KILOTON) 144
TABLE 90 LATVIA: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 144
TABLE 91 LATVIA: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON) 144
TABLE 92 LATVIA: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 145
11.16 ESTONIA 146
11.16.1 ARCHITECTURAL SEGMENT IS DOMINANT CONSUMER OF PAINTS & COATINGS 146
TABLE 93 ESTONIA: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (KILOTON) 146
TABLE 94 ESTONIA: PAINTS & COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 146
TABLE 95 ESTONIA: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON) 146
TABLE 96 ESTONIA: INDUSTRIAL COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 147
11.17 REST OF EUROPE 147
TABLE 97 REST OF EUROPE: PAINTS & COATINGS MARKET SIZE,
BY END-USE INDUSTRY, 2018-2025 (KILOTON) 147
TABLE 98 REST OF EUROPE: PAINTS & COATINGS MARKET SIZE,
BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 148
TABLE 99 REST OF EUROPE: INDUSTRIAL COATINGS MARKET SIZE,
BY END-USE INDUSTRY, 2018-2025 (KILOTON) 148
TABLE 100 REST OF EUROPE: INDUSTRIAL COATINGS MARKET SIZE,
BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 148

12 COMPETITIVE LANDSCAPE 149
12.1 INTRODUCTION 149
FIGURE 38 COMPANIES ADOPTED NEW PRODUCT LAUNCH AS KEY GROWTH STRATEGY BETWEEN 2016 AND 2020 149
12.2 COMPETITIVE LEADERSHIP MAPPING 150
12.2.1 STARS 150
12.2.2 EMERGING LEADERS 150
12.2.3 PERVASIVE 150
12.2.4 EMERGING COMPANIES 150
FIGURE 39 EUROPE PAINTS & COATINGS MARKET: COMPETITIVE LEADERSHIP MAPPING, 2019 151
12.3 STRENGTH OF PRODUCT PORTFOLIO 152
12.4 BUSINESS STRATEGY EXCELLENCE 153
12.5 MARKET SHARE ANALYSIS 154
FIGURE 40 EUROPE PAINTS & COATINGS MARKET SHARE ANALYSIS,
2019 (IN TERMS OF VALUE) 154
12.5.1 PERFORMANCE OF TOP COATING COMPANIES IN 2020 155
FIGURE 41 Q1-2020 PERFORMANCE OF TOP COATING COMPANIES 155
FIGURE 42 Q2-2020 PERFORMANCE OF TOP COATING COMPANIES 156
FIGURE 43 Q3-2020 PERFORMANCE OF TOP COATING COMPANIES 157
12.6 COMPETITIVE SCENARIO 158
12.6.1 MARKET EVALUATION MATRIX 158
TABLE 101 STRATEGIC DEVELOPMENTS, BY COMPANY 158
TABLE 102 MOST FOLLOWED STRATEGY 158
TABLE 103 GROWTH STRATEGIES ADOPTED, BY COMPANY 159
12.6.2 INVESTMENTS & EXPANSIONS 160
TABLE 104 INVESTMENTS & EXPANSIONS (2016-2020) 160
12.6.3 MERGERS & ACQUISITIONS 161
TABLE 105 MERGERS & ACQUISITIONS (2016-2020) 161
12.6.4 NEW PRODUCT LAUNCHES 162
TABLE 106 NEW PRODUCT LAUNCHES (2016-2020) 162
12.6.5 JOINT VENTURES & AGREEMENTS 165
TABLE 107 JOINT VENTURES (2016-2020) 165

13 COMPANY PROFILES 166
(Business overview, Products offered, Recent developments, SWOT analysis, MNM view)*
13.1 AKZONOBEL N.V. 166
FIGURE 44 AKZONOBEL N.V.: COMPANY SNAPSHOT 166
13.2 PPG INDUSTRIES 170
FIGURE 45 PPG INDUSTRIES: COMPANY SNAPSHOT 170
13.3 SHERWIN-WILLIAMS COMPANY 173
FIGURE 46 SHERWIN-WILLIAMS COMPANY: COMPANY SNAPSHOT 173
13.4 BASF COATINGS GMBH 176
FIGURE 47 BASF SE: COMPANY SNAPSHOT 176
13.5 AXALTA COATING SYSTEM LLC 178
FIGURE 48 AXALTA COATING SYSTEM LLC: COMPANY SNAPSHOT 178
13.6 RPM INTERNATIONAL INC. 181
FIGURE 49 RPM INTERNATIONAL INC.: COMPANY SNAPSHOT 181
13.7 HEMPEL A/S 183
FIGURE 50 HEMPEL A/S: COMPANY SNAPSHOT 183
13.8 JOTUN A/S 186
FIGURE 51 JOTUN A/S: COMPANY SNAPSHOT 186
13.9 KANSAI PAINTS CO., LTD. 189
FIGURE 52 KANSAI PAINTS CO. LTD.: COMPANY SNAPSHOT 189
13.10 TIKKURILA OYJ 191
FIGURE 53 TIKKURILA OYJ: COMPANY SNAPSHOT 191
13.11 BECKERS GROUP 193
13.12 TIGER COATINGS GMBH & CO. KG 194
13.13 DAW SE 196
13.14 TEKNOS GROUP 196
13.15 CROMOLOGY (FORMERLY MATERIS PAINTS) 196
13.16 BRILLUX GMBH & CO. KG 197
13.17 MANKIEWICZ GEBR. & CO. 197
13.18 IVM CHEMICALS 198
13.19 WÖRWAG 198
13.20 FLÜGGER GROUP A/S 199
13.21 CORPORAÇÃO INDUSTRIAL DO NORTE 199
13.22 MEFFERT AG FARBWERKE 200
13.23 WEILBURGER 200
13.24 REMMERS 201
13.25 STO CORP. 201
*Business overview, Products offered, Recent developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.

14 ADJACENT/RELATED MARKETS 202
14.1 INTRODUCTION 202
14.2 LIMITATION 202
14.3 PAINTS & COATINGS ECOSYSTEM AND INTERCONNECTED MARKET 202
FIGURE 54 PAINTS & COATINGS: ECOSYSTEM 203
14.4 COATING RESINS 203
14.4.1 MARKET DEFINITION 203
14.4.2 MARKET OVERVIEW 203
14.4.3 COATING RESINS MARKET, BY RESIN TYPE 204
TABLE 108 COATING RESINS MARKET SIZE, BY RESIN TYPE, 2018-2025 (USD MILLION) 204
TABLE 109 COATING RESINS MARKET SIZE, BY RESIN TYPE, 2018-2025 (KILOTON) 205
14.4.3.1 Acrylic 205
14.4.3.2 Alkyd 205
14.4.3.3 Vinyl 206
14.4.3.4 Polyurethane 206
14.4.3.5 Epoxy 206
14.4.3.6 Unsaturated polyester 207
14.4.3.7 Saturated polyester 207
14.4.3.8 Amino 207
14.4.3.9 Others 207
14.4.4 COATING RESINS MARKET, BY TECHNOLOGY 207
TABLE 110 COATING RESINS MARKET SIZE, BY TECHNOLOGY,
2018-2025 (USD MILLION) 208
TABLE 111 COATING RESINS MARKET SIZE, BY TECHNOLOGY, 2018-2025 (KILOTON) 208
14.4.4.1 Waterborne coatings 208
FIGURE 55 TYPES OF WATERBORNE COATINGS 208
14.4.4.2 Solventborne coatings 209
TABLE 112 TRADITIONAL FORMULATION SOLVENT USED FOR DIFFERENT RESIN TYPE 209
14.4.4.3 Powder coatings 209
FIGURE 56 TYPES OF POWDER COATINGS 209
14.4.4.4 Others 210
14.4.4.4.1 High solids coatings 210
FIGURE 57 TYPES OF HIGH SOLIDS COATINGS 210
14.4.4.4.2 Radiation curable coatings 210
FIGURE 58 TYPES OF RADIATION CURABLE COATING 210
14.4.5 COATING RESINS MARKET, BY APPLICATION 211
TABLE 113 COATING RESINS MARKET SIZE, BY APPLICATION,
2018-2025 (USD MILLION) 211
TABLE 114 COATING RESINS MARKET SIZE, BY APPLICATION, 2018-2025 (KILOTON) 211
TABLE 115 ARCHITECTURAL COATING RESINS MARKET SIZE, BY APPLICATION,
2018-2025 (USD MILLION) 211
TABLE 116 ARCHITECTURAL COATING RESINS MARKET SIZE, BY APPLICATION,
2018-2025 (KILOTON) 211
TABLE 117 INDUSTRIAL COATING RESINS MARKET SIZE, BY APPLICATION,
2018-2025 (USD MILLION) 212
TABLE 118 INDUSTRIAL COATING RESINS MARKET SIZE, BY APPLICATION,
2018-2025 (KILOTON) 212
14.4.5.1 Architectural coatings 212
14.4.5.2 Marine & protective coatings 212
14.4.5.3 General industrial coatings 213
14.4.5.4 Automotive coatings 213
14.4.5.5 Wood coatings 213
14.4.5.6 Packaging coatings 213
14.4.5.7 Others 214
14.4.5.7.1 Coil 214
14.4.5.7.2 Aerospace 214
14.4.5.7.3 Graphic arts 214
14.4.6 COATING RESINS MARKET, BY REGION 214
TABLE 119 COATING RESINS MARKET SIZE, BY REGION, 2018-2025 (USD MILLION) 215
TABLE 120 COATING RESINS MARKET SIZE, BY REGION, 2018-2025 (KILOTON) 215
14.4.6.1 APAC 215
14.4.6.2 Europe 215
14.4.6.3 North America 216
14.4.6.4 Middle East & Africa 216
14.4.6.5 South America 216

15 APPENDIX 217
15.1 DISCUSSION GUIDE 217
15.2 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 221
15.3 AVAILABLE CUSTOMIZATIONS 223
15.4 RELATED REPORTS 223
15.5 AUTHOR DETAILS 224