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Friday, 05 June 2020
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Markets & companies, Coatings market

Protective coatings market to grow by 2015 in Europe

Tuesday, 8 September 2009

Frost & Sullivan’s report on protective coatings estimates that the market revenues will reach EUR 944.6 million by 2015.

New analysis from Frost & Sullivan, European Protective Coatings Market, finds that the market earned revenues of EUR 876.2 million in 2008 and estimates this to reach EUR 944.6 million by 2015. By the same year, unit shipments may well reach 121.1 million litres. Volumes in the Western European protective coatings market fell by 5 to 7 % in January 2009, resulting in intensifying competition as coating companies vied for declining market share. In Europe’s mature protective coatings market, growth in coating sales hinges on the success of individual end-user application markets. In Eastern Europe, the protective coatings market shows more promise, both in terms of volume and revenue. The company’s research covers the following application sectors: oil and gas, power generation, infrastructure, commercial architecture, water and wastewater and the manufacturing industries.

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