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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.