Germany Industrial Coatings Market Growth, Size, Trends, Revenue, Share and Future Outlook
Germany Industrial Coatings Market Size- By Resin Type, By Technology, By Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Dec-2023 | Report ID: CHEM23116 | Pages: 1 - 102 | Formats*: |
| Category : Chemical & Materials | |||
Germany Industrial Coatings Market Introduction and Overview
According to SPER Market Research, the Germany Industrial Coatings Market is estimated to reach USD 1.44 billion by 2033 with a CAGR of 3.51%.
The report includes an in-depth analysis of the Germany Industrial Coatings Market, including market size and trends, product mix, distribution channels, and supplier analysis. Industrial coatings are specialist coatings applied to the surfaces of a variety of industrial structures and products to protect and improve them. A variety of qualities are offered by these protective coatings, such as resistance to heat, chemicals, abrasions, and corrosion. Industrial coatings are finding increased use in the manufacturing, oil and gas, automotive, aerospace, and construction industries.
- Süddeutsches Lackwerk was acquired by the Mipa SE. In the future, the products will be manufactured at Mipa Group production sites. In Feldkirchen, near Munich, Süddeutsches Lackwerk has produced classic industrial coatings, as well as high-temperature paints and functional coatings under the "Wetterwart" brand.
- The Sherwin-Williams Company declared in April 2022 that it had successfully acquired the European industrial coatings division of Sika AG. The business would incorporate the acquired firm into its performance coatings group operating unit.
Market Opportunities and Challenges
Opportunities: The thriving oil and gas industry will increase demand for protective coatings. The oil and gas industry is a major end user of protective coatings. The industry requires heat-resistant coatings because of the high temperatures in which it operates. Coatings are also used to protect metal and steel structures from corrosion when they are exposed to moisture and dampness. They are used in the oil and gas industry for tanks, pipes, valves, and pumps, among other things.
Challenges: The growing emphasis on adhering to municipal and state wastewater discharge regulations presents many challenges for the industrial coatings sector. The wastewater streams from the powder coating operations contain significant amounts of metals, oil and grease, and suspended solids produced during the cleaning and pretreatment stages. Manufacturers of industrial coatings are forced to upgrade their procedures in order to comply with a growing number of government regulations. Goods that do not adhere to legal standards are prohibited in nations with strict environmental laws.
Market Competitive Landscape
The industrial coatings market in Germany is somewhat consolidated. PPG Industries Inc., The Sherwin-Williams Company, AkzoNobel NV, Axalta Coating Systems, and Jotun are a few of the leading companies in the industry.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Resin Type, By Technology, By Type |
| Regions covered | Central Region, Southern Region, Northern Region |
| Companies Covered | AkzoNobel NV, Axalta Coating Systems, Beckers group, Hempel AS, Jotun, MIPA SE, PPG Industries Inc., RPM International Inc., The Sherwin-Williams Company, Others |
COVID-19 Impact on Germany Industrial Coatings Market
The COVID-19 outbreak had a detrimental effect on the industrial coatings industry. Sales were impacted by changes in the GDP. Due to personnel shortages and lockdowns, the majority of production units were closed. There was uncertainty as a result among different producers. Moreover, limitations in the supply chain considerably hindered the industry's growth. In 2019 and 2020, the automotive sector displayed weak sales, a structural slowdown, and a faltering economy. Lockdowns were eased, though, and the local auto sector profited from incentive plans that encouraged economic growth. In 2021, the market made a comeback, and in the upcoming years, substantial growth is anticipated.
Key Target Audience:
- Manufacturers and Suppliers
- End-User Industries
- Contractors and Applicators
- Architects and Designers
- Investors and Financial Institutions
Our in-depth analysis of the Germany Industrial Coatings Market includes the following segments:
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| By Technology: |
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| By Type: |
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Key Topics Covered in the Report:
- Germany Industrial Coatings Market Size (FY’2023-FY’2033)
- Overview of Germany Industrial Coatings Market
- Segmentation of Germany Industrial Coatings Market By Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Others.)
- Segmentation of Germany Industrial Coatings Market By Technology (Powder Coatings, Radiation-cured Coatings, Solvent-borne Coatings, Water-borne Coatings.)
- Segmentation of Germany Industrial Coatings Market By Type (Industrial, Protective)
- Statistical Snap of Germany Industrial Coatings Market
- Expansion Analysis of Germany Industrial Coatings Market
- Problems and Obstacles in Germany Industrial Coatings Market
- Competitive Landscape in the Germany Industrial Coatings Market
- Impact of COVID-19 and Demonetization on Germany Industrial Coatings Market
- Details on Current Investment in Germany Industrial Coatings Market
- Competitive Analysis of Germany Industrial Coatings Market
- Prominent Players in the Germany Industrial Coatings Market
- SWOT Analysis of Germany Industrial Coatings Market
- Germany Industrial Coatings Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Germany Industrial Coatings Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Germany Industrial Coatings Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Germany Industrial Coatings Market
7. Germany Industrial Coatings Market, By Resin Type (USD Million)
7.1. Germany Industrial Coatings Market Value Share and Forecast, By Resin Type, 2023-20337.2. Epoxy7.3. Acrylic7.4. Alkyd7.5. Polyurethane7.6. Others
8. Germany Industrial Coatings Market, By Technology (USD Million)
8.1. Germany Industrial Coatings Market Value Share and Forecast, By Technology, 2023-20338.2. Water-borne Coatings8.3. Solvent-borne Coatings8.4. Radiation-cured Coatings8.5. Powder Coatings
9. Germany Industrial Coatings Market, By Type (USD Million)
9.1. Germany Industrial Coatings Market Value Share and Forecast, By Type, 2023-20339.2. General Industrial9.3. Protective
9.3.1. Oil and gas9.3.2. Mining9.3.3. Power9.3.4. Infrastructure9.3.5. Others
10. Germany Industrial Coatings Market Forecast, 2019-2033 (USD Million)
10.1. Germany Industrial Coatings Market Size and Market Share
11. Germany Industrial Coatings Market, By Resin Type, 2019-2033 (USD Million)
11.1. Germany Industrial Coatings Market Size and Market Share By Resin Type (2019-2026)11.2. Germany Industrial Coatings Market Size and Market Share By Resin Type (2027-2033)
12. Germany Industrial Coatings Market, By Technology, 2019-2033 (USD Million)
12.1. Germany Industrial Coatings Market Size and Market Share By Technology (2019-2026)12.2. Germany Industrial Coatings Market Size and Market Share By Technology (2027-2033)
13. Germany Industrial Coatings Market, By Type, 2019-2033 (USD Million)
13.1. Germany Industrial Coatings Market Size and Market Share By Type (2019-2026)13.2. Germany Industrial Coatings Market Size and Market Share By Type (2027-2033)
14. Germany Industrial Coatings Market, By Region, 2019-2033 (USD Million)
14.1. Germany Industrial Coatings Market Size and Market Share By Region (2019-2026)14.2. Germany Industrial Coatings Market Size and Market Share By Region (2027-2033)14.3. Eastern Region14.4. Western Region14.5. Northern Region
14.6. Southern Region
15. Company Profile
15.1. AkzoNobel NV
15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments
15.2. Axalta Coating Systems
15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments
15.3. Beckers group
15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments
15.4. Hempel AS
15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments
15.5. Jotun
15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments
15.6. MIPA SE
15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments
15.7. PPG Industries Inc.
15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments
15.8. RPM International Inc.
15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments
15.9. The Sherwin-Williams Company
15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments
15.10. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Germany Industrial Coatings Market is projected to reach USD 1.44 billion by 2033, growing at a CAGR of 3.51% during the forecast period.
Germany Industrial Coatings Market from 2022. The Market is expected to reach USD 1.44 billion by 2033, at a CAGR of 3.51% during the forecast period.
Germany Industrial Coatings Market CAGR of 3.51% during the forecast period.
Germany Industrial Coatings Market size is USD 1.44 billion from 2023 to 2033.
Germany Industrial Coatings Market is Segments covered By Resin Type, By Technology, By Type.
The Europe is anticipated to have the highest market share in the Germany Industrial Coatings Market.
The key players in the market include Companies Covered AkzoNobel NV, Axalta Coating Systems, Beckers group, Hempel AS, Jotun, MIPA SE, PPG Industries Inc., RPM International Inc., The Sherwin-Williams Company, Others.
The industry requires heat-resistant coatings because of the high temperatures in which it operates. Coatings are also used to protect metal and steel structures from corrosion when they are exposed to moisture and dampness.
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