Paints & Coatings in Germany
Summary
Paints & Coatings in Germany industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The paints & coatings market includes liquid and powder-based paints, varnishes, and related products used for protective, decorative, industrial, and specialty purposes. The market scope excludes inks, thinners, and raw materials, such as pigments and solvents.
- The German paints & coatings market had total revenues of $7,308.3 million in 2023, representing a compound annual growth rate (CAGR) of 5.6% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 5.1% between 2018 and 2023, to reach a total of 1,875.8 million liters in 2023.
- The expansion in the market is propelled by technologically advanced and specialized products, particularly protective coatings. The heightened demand for these coatings is primarily attributed to the increased needs of automobile manufacturing as well as the oil and gas exploration sector. For instance, according to GlobalData, the German automotive manufacturing market stood at an estimated $80.9 billion in 2023, an increase of 16.8% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the paints & coatings market in Germany
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the paints & coatings market in Germany
- Leading company profiles reveal details of key paints & coatings market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Germany paints & coatings market with five year forecasts by both value and volume
- What was the size of the Germany paints & coatings market by value in 2023?
- What will be the size of the Germany paints & coatings market in 2028?
- What factors are affecting the strength of competition in the Germany paints & coatings market?
- How has the market performed over the last five years?
- How large is Germany’s paints & coatings market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading player?
- 8 Company Profiles
- 8.1. Akzo Nobel N.V.
- 8.2. PPG Industries, Inc.
- 8.3. BASF SE
- 8.4. The Sherwin-Williams Company
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Germany paints & coatings market value: $ million, 2018-23
- Table 2: Germany paints & coatings market volume: million Liters, 2018-23
- Table 3: Germany paints & coatings market category segmentation: % share, by value, 2018-2023
- Table 4: Germany paints & coatings market category segmentation: $ million, 2018-2023
- Table 5: Germany paints & coatings market geography segmentation: $ million, 2023
- Table 6: Germany paints & coatings market value forecast: $ million, 2023-28
- Table 7: Germany paints & coatings market volume forecast: million Liters, 2023-28
- Table 8: Akzo Nobel N.V.: key facts
- Table 9: Akzo Nobel N.V.: Annual Financial Ratios
- Table 10: Akzo Nobel N.V.: Key Employees
- Table 11: PPG Industries, Inc.: key facts
- Table 12: PPG Industries, Inc.: Annual Financial Ratios
- Table 13: PPG Industries, Inc.: Key Employees
- Table 14: PPG Industries, Inc.: Key Employees Continued
- Table 15: PPG Industries, Inc.: Key Employees Continued
- Table 16: BASF SE: key facts
- Table 17: BASF SE: Annual Financial Ratios
- Table 18: BASF SE: Key Employees
- Table 19: The Sherwin-Williams Company: key facts
- Table 20: The Sherwin-Williams Company: Annual Financial Ratios
- Table 21: The Sherwin-Williams Company: Key Employees
- Table 22: The Sherwin-Williams Company: Key Employees Continued
- Table 23: Germany size of population (million), 2019-23
- Table 24: Germany gdp (constant 2005 prices, $ billion), 2019-23
- Table 25: Germany gdp (current prices, $ billion), 2019-23
- Table 26: Germany inflation, 2019-23
- Table 27: Germany consumer price index (absolute), 2019-23
- Table 28: Germany exchange rate, 2019-23
- List of Figures
- Figure 1: Germany paints & coatings market value: $ million, 2018-23
- Figure 2: Germany paints & coatings market volume: million Liters, 2018-23
- Figure 3: Germany paints & coatings market category segmentation: $ million, 2018-2023
- Figure 4: Germany paints & coatings market geography segmentation: % share, by value, 2023
- Figure 5: Germany paints & coatings market value forecast: $ million, 2023-28
- Figure 6: Germany paints & coatings market volume forecast: million Liters, 2023-28
- Figure 7: Forces driving competition in the paints & coatings market in Germany, 2023
- Figure 8: Drivers of buyer power in the paints & coatings market in Germany, 2023
- Figure 9: Drivers of supplier power in the paints & coatings market in Germany, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the paints & coatings market in Germany, 2023
- Figure 11: Factors influencing the threat of substitutes in the paints & coatings market in Germany, 2023
- Figure 12: Drivers of degree of rivalry in the paints & coatings market in Germany, 2023
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