Europe Primers in Construction Market : growing at a CAGR of 8.0%, size, share, Industry trends, Future Scope, business analysis, key players

The primers in construction market are expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 8.0% in the forecast period of 2021 to 2028 and is expected to reach USD 5,154,003.29 thousand by 2028. The growing demand for primers in new residential construction is propelling the demand of Europe primers in construction market.

A primer is used as an elementary coating applied on top of materials before the application of paint to ensure a better bond between the surface and the paint. Despite the improved adhesion, the premier could also increase the durability of the paint as well as offer a layer of protection to the surface that is being coated. It is widely used in many industries ranging from construction, automotive, furniture, aerospace and marine transport vehicles.

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As metals and wood are structurally dependent on primers for longevity and protection, the exhibited increase in consumption of wood and metal by the European region could be considered as one of the strongest drivers which help in the growth of the primers in construction market. The increase in awareness of health adversities caused by these volatile chemicals and the establishment of standards regarding the use of these chemicals have restricted the growth of the primers in construction market as the majority of primers used to contain these chemicals is in an amount above the permitted limit. This increase in construction activities regarding offices and commercial spaces is a golden opportunity for Europe primers in construction market segment as the new constructional activities would boost the demand for primers in these regions. Technological advancement in the paint industry and the invention of one-coat paints is posing a challenge to Europe primers in the construction market as such paints tend to make consumers opt-out of using primers which helps to save their respective resources in terms of time as well as money.

Primers in Construction Market Scope and Market Size

The primers in construction market are segmented on the basis of the type, surface, end-use and material. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of type, the primers in construction market are segmented into water based and solvent based. In 2021, the demand of solvent based segment is increasing as they are cheaper, thick and could be applied on different types of surfaces.
On the basis of surface, the primers in construction market is classified into cement, concrete, plaster, metal, plastic, metal, plastic, wood, flooring tiles and others. In 2021, cement segment is dominating as it is most commonly utilized in building material.
On the basis of material, the primers in construction market are segmented into alkyd, epoxy, polyurethane, acrylic and others. In 2021, alkyd segment dominates the primers in construction market because it costs minimal and finds widespread applications on varied materials.
On the basis of end-use, the primers in construction market are segmented into new residential construction, new non-residential construction, new civil engineering, civil engineering renovation, non-residential renovation and residential renovation. In 2021, the new residential construction segment dominates the primers in construction market because of the increasing population and rising demand for residential settlements.

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Europe Primers in Construction Market Country Level Analysis

Europe primers in construction market is analysed and market size information is provided by the country, material, surface, type and end-use as referenced above.

The countries covered in Europe primers in construction market report are the Germany, France, Italy, U.K., Poland, Romania and Czech Republic.

Germany is the most growing country as primers are highly manufactured and consumed there. The rising number of new residential construction segment is one of the major factors for the growth of the country, whereas, the U.K. is growing with the highest CAGR because of the increasing number of new residential constructions in the regions. France is dominating with the third largest market share in the Europe primers in construction market due to the rising number of construction activities in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Growth in the Primers in Construction Industry

The primers in construction market also provides you with detailed market analysis for every country growth in installed base of different kind of products for primers in construction market, impact of technology using life line curves and changes in infant formula regulatory scenarios and their impact on the primers in construction market. The data is available for historic period 2011 to 2019.

Competitive Landscape and Primers in Construction Market Share Analysis

The primers in construction market competitive landscape provide details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company's focus related to Europe primers in construction market.

The major players covered in the Europe primers in construction market report are PPG Industries, Inc., The Sherwin-Williams Company, AKZO NOBEL N.V., RPM International Inc., Axalta Coating Systems, LLC, BASF SE, Jotun, Kansai Paint Co.,Ltd., Henkel AG & Co. kGaA, Tikkurila, Hempel A/S, Nippon Paint Holdings Co., Ltd. among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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