Press release
Europe Paints Market Top Key Players- Akzo Nobel NV, PPG Industries, BASF Coating GmbH, Axalta Coating Systems LLC, Henkel AG, HB Fuller, Sika AG, Arkema Bostik SA, Sherwin Williams Company, Jotun AS, Kansai Paints Co Ltd, Beckers Group, Tiger Coatings Gm
Paint has a main function is to preserve the surface to which it is applied, but it also serves as a decoration. Paints are created considering their intended use: primers, topcoats and special topcoats (matte, glossy, heat-resistant, anti-corrosion, abrasion-resistant).
The shape and usefulness of nanoparticles offers many advantages and opportunities for paints and coatings. In fact, the coatings sector was one of the first to see the promise of nanotechnology. Because nanomaterials have unique properties due to their small particle size, their inclusion in existing coatings improves their properties and opens up many new coating possibilities.
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EUROPE PAINTS MARKET DYNAMICS
Paints and varnishes are used for a variety of purposes, not just for color or decoration of the interior of a building. Their functions depend on the context and space in which they operate.
The coating process, especially powder coating operations, generates significant amounts of metals, oils, greases and particulates in waste streams during refining and pretreatment steps. Coatings manufacturers struggle to meet multiple state and municipal environmental standards due to wastewater.
Metal finishers using a variety of electroplating methods are struggling to comply. Due to the growing consumer interest in home décor, most of the architectural paints produced and used in Western Europe are mid-range and high-end products.
EUROPE PAINTS MARKET SEGMENTATION
The Europe Paints Market can be segmented into following categories for further analysis.
By Application
• Commercial Application
• Industrial Application
• High-Capacity User Application
By Technology of Application Type
• Acrylic Paints and Coatings
• Epoxy Paints
• Polyurethane Paints
• Alkyd Paints
• Polyester Paints
By Operational Technology Type
• Water Borne Technology
• Solvent Borne Technology
• Power Coating Technology
• UV Cured Coating Technology
By Usage Application Type
• Architectural
• Automotive
• Wood
• Protective Coatings
• General Industrial
• Transportation
• Packaging
By Regional Classification
• Austria
• Belgium
• Bulgaria
• Croatia
• Republic of Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
RECENT MARKET TECHNOLOGICAL TRENDS IN EUROPE PAINTS MARKET
Paint has historically been defined on the basis of aesthetic appeal and durability. Technological advances in coatings have changed the situation and now there are unique and innovative solutions on the market.
Advanced Coating can significantly improve indoor air quality. Poor indoor air quality is usually caused by airborne amounts of formaldehyde and other aldehydes from various indoor sources such as carpets, fabrics, and insulation.
Paints using formaldehyde reduction technology can help improve indoor air quality by reducing the amount of volatile organic compounds (VOCs) from these potential sources.
COMPETITIVE LANDSCAPE
Green products are a fast-growing field in the development of new paints and coatings. A major goal achieved over the past few decades has been to replace harmful anticorrosive pigments with less toxic compounds and to gradually remove solvents from paint formulations.
Increasing environmental regulations, which appear to be burdensome for businesses, have in fact been a key driver of progress and innovation in paints and coatings.
COMPANIES PROFILED
• Akzo Nobel NV
• PPG Industries
• BASF Coating GmbH
• Axalta Coating Systems LLC
• Henkel AG
• HB Fuller
• Sika AG
• Arkema Bostik SA
• Sherwin Williams Company
• Jotun AS
• Kansai Paints Co Ltd
• Beckers Group
• Tiger Coatings GmbH
• Flugger Group AS
• Remmers
• STO Corporation
Read More Information: https://mobilityforesights.com/product/europe-paints-market/
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