Industrial Coatings Market in Germany - Segmented by Region, Type, End-User and Technology - Trends and Forecasts (2016-2021)
The German industrial paints and coatings market is expected to grow at a CAGR of XX% during the forecast period 2016-2021. The market was valued at USD XX billion in 2016 and is projected to reach a value of USD XX billion by 2021. Germany is one of the leading markets in Europe, having a market share of about XX% of the total consumption.
An industrial coating is a paint or coating defined by its protective and functional, rather than aesthetic properties, although it can be both. Industrial coatings are most commonly used for corrosion control on steel, concrete and composite material structures. Volume-wise, most industrial coatings are used for corrosion control of steel or concrete.
Industrial coatings have a wide variety of applications depending upon the type of resin and additives used. They are manufactured by various major companies around the world. The major end user industry is infrastructure which accounts for a third of the worlds consumption of industrial coatings. Other uses include in segments of aerospace, automotive, marine, furniture manufacturing, home appliances, oil & gas, healthcare and others.
Market Dynamics of the Industrial Coatings Market in Germany:
Strong domestic demand
Growth of automotive industry
Growing environmental awareness and green mobility
Increasing usage of corrosion coatings
Volatility in raw material prices
Stringent VOC emission laws
The report contains market segmentation and analysis of the German industrial coatings market by resin type (acrylic, alkyd, polyurethane, epoxy, polyesters, and others), by end-user (aerospace, automobile, infrastructure, furniture, home appliances, oil and gas, marine, packaging and others), by technology (water-based, solvent-borne, powder, UV-cured coatings) and by type (heat resistant coatings, coil coatings, NIR coatings, waterproof coatings, floor/roof coatings and others).
The major industrial coatings manufacturers in Germany include:
Key Deliverables in the Study:
Market analysis for the industrial coatings in Germany, with region specific assessments and competition analysis.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the industrial coatings market in Germany.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
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