echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Coatings News > Paints and Coatings Market > In Europe, paint production reached 8.5 million tons in 2016.

    In Europe, paint production reached 8.5 million tons in 2016.

    • Last Update: 2020-08-21
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    CHEM Research estimates that Europe's
    coatings
    8.5 million tons in 2016, worth about 26 billion euros. Market growth is expected to be lower than gross domestic product.
    the European coatings market continues to experience different growth patterns and drivers. Since 2015, as the EU's economic recovery has been slow, markets have been negatively affected by economic instability and political tensions, particularly in Eastern Europe.other hand, to maintain the positive aspects of European demand for paint: relatively stable consumer spending and healthy growth in the automotive industry in several EU countries. These factors have a stabilizing effect on the European economy and the demand for coatings. In addition, the construction sector has finally emerged from a prolonged recession. Investment in housing and infrastructure projects is recovering.
    (28 member states) account for about 70 per cent of European paint demand, while Eastern Europe (including CIS and Turkey) accounts for 30 per cent. Together, eight countries account for nearly 80 per cent of the European market, and Germany is Europe's largest single market. The low growth in demand in Europe (average: 1%) has gradually recovered in southern Europe from a different pattern of regional growth since 2015. In addition, demand in the UK, Germany, Spain, Sweden, Poland, Turkey and Central European countries were above average. However, this overall modest growth was largely offset by a contraction in the Russian market.
    By geography, Germany, Russia, Italy, the United Kingdom, Turkey, France, Spain, Poland and other European countries accounted for 17%, 12%, 10%, 10%, 9%, 8%, 7%, 6% and 21%, respectively, with production of 144. 50,000 tons, 1.02 million tons, 850,000 tons, 850,000 tons, 765,000 tons, 680,000 tons, 595,000 tons, 510,000 tons and 1.785 million tons.
    by terminal,
    building coatings
    , general
    industrial coatings
    , anti-corrosion/protection/ship/ocean coatings, automotive OEM coatings/automotive repair paints,
    wood paint
    and other accounts for 59%, 20%, 6%, 5%, 4% respectively, the output was 5.015 million tons, 1.7 million tons, 510,000 tons, 510,000 tons, 510,000 tons, 425,000 tons, respectively.
    other factors that limit coating demand are mandatory regulations designed to reduce the volatile organic compound (VOC) content of the product, coupled with an overall attempt to reduce coating consumption. For economic reasons, great efforts are required to reduce the amount of material to be used on coated surfaces per square metre. This can be partially achieved by using higher-performance raw materials to support thinner coatings. Further cost savings can be achieved by reducing
    amount
    wasted during use. Another trend in curbing the growth in coating demand is the complete elimination of the need for surface coatings. This trend is supported by the use of alternative building and assembly materials that do not require coating, such as stainless steel, colored plastic materials or laminated film.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.