Paints & Coatings in the United Kingdom
Summary
Paints & Coatings in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 UK paints & coatings market had total revenues of $4,092 million in 2023, representing a compound annual growth rate (CAGR) of 6.1% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 5.7% between 2018 and 2023, to reach a total of 852.9 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 UK automotive manufacturing market stood at an estimated $19.5 billion in 2023, an increase of 11% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the paints & coatings market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the paints & coatings market in the United Kingdom
- 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 United Kingdom paints & coatings market with five year forecasts
- What was the size of the United Kingdom paints & coatings market by value in 2023?
- What will be the size of the United Kingdom paints & coatings market in 2028?
- What factors are affecting the strength of competition in the United Kingdom paints & coatings market?
- How has the market performed over the last five years?
- What are the main segments that make up the United Kingdom's paints & coatings market?
- 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. RPM International Inc
- 8.4. BASF SE
- 8.5. 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: United Kingdom paints & coatings market value: $ million, 2018-23
- Table 2: United Kingdom paints & coatings market volume: million Liters, 2018-23
- Table 3: United Kingdom paints & coatings market category segmentation: % share, by value, 2018-2023
- Table 4: United Kingdom paints & coatings market category segmentation: $ million, 2018-2023
- Table 5: United Kingdom paints & coatings market geography segmentation: $ million, 2023
- Table 6: United Kingdom paints & coatings market value forecast: $ million, 2023-28
- Table 7: United Kingdom 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: RPM International Inc: key facts
- Table 17: RPM International Inc: Annual Financial Ratios
- Table 18: RPM International Inc: Key Employees
- Table 19: RPM International Inc: Key Employees Continued
- Table 20: BASF SE: key facts
- Table 21: BASF SE: Annual Financial Ratios
- Table 22: BASF SE: Key Employees
- Table 23: The Sherwin-Williams Company: key facts
- Table 24: The Sherwin-Williams Company: Annual Financial Ratios
- Table 25: The Sherwin-Williams Company: Key Employees
- Table 26: The Sherwin-Williams Company: Key Employees Continued
- Table 27: United Kingdom size of population (million), 2019-23
- Table 28: United Kingdom gdp (constant 2005 prices, $ billion), 2019-23
- Table 29: United Kingdom gdp (current prices, $ billion), 2019-23
- Table 30: United Kingdom inflation, 2019-23
- Table 31: United Kingdom consumer price index (absolute), 2019-23
- Table 32: United Kingdom exchange rate, 2019-23
- List of Figures
- Figure 1: United Kingdom paints & coatings market value: $ million, 2018-23
- Figure 2: United Kingdom paints & coatings market volume: million Liters, 2018-23
- Figure 3: United Kingdom paints & coatings market category segmentation: $ million, 2018-2023
- Figure 4: United Kingdom paints & coatings market geography segmentation: % share, by value, 2023
- Figure 5: United Kingdom paints & coatings market value forecast: $ million, 2023-28
- Figure 6: United Kingdom paints & coatings market volume forecast: million Liters, 2023-28
- Figure 7: Forces driving competition in the paints & coatings market in the United Kingdom, 2023
- Figure 8: Drivers of buyer power in the paints & coatings market in the United Kingdom, 2023
- Figure 9: Drivers of supplier power in the paints & coatings market in the United Kingdom, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the paints & coatings market in the United Kingdom, 2023
- Figure 11: Factors influencing the threat of substitutes in the paints & coatings market in the United Kingdom, 2023
- Figure 12: Drivers of degree of rivalry in the paints & coatings market in the United Kingdom, 2023
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