Market Size of germany architectural coatings Industry
Icons | Lable | Value |
---|---|---|
Study Period | 2016 - 2028 | |
Market Size (2024) | USD 3.06 Billion | |
Market Size (2028) | USD 3.34 Billion | |
Largest Share by Sub End User | Residential | |
CAGR (2024 - 2028) | 2.21 % | |
Fastest Growing by Sub End User | Commercial | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Germany Architectural Coatings Market Analysis
The Germany Architectural Coatings Market size is estimated at USD 3.06 billion in 2024, and is expected to reach USD 3.34 billion by 2028, growing at a CAGR of 2.21% during the forecast period (2024-2028).
- Largest Segment by End-user - Residential : The high growth of the non-paintable building materials in the residential construction industry affected the residential paint consumption during the study period.
- Largest Segment by Technology - Waterborne : The increasing popularity of green and sustainable materials in the country is supporting the growth of waterborne technology, along with government regulations.
- Largest Segment by Resin - Acrylic : The high adoption of waterborne coatings in Germany due to VOC regulations and the green building movement is driving the growth of acrylic resin-based coatings.
This section covers the major market trends shaping the Germany Architectural Coatings Market according to our research experts:
Residential is the largest segment by Sub End User.
- Germany's total architectural coatings consumption recorded a CAGR of -1.14% during the 2016-2019 period. During the study period, this contraction in consumption was due to the growing trend of building materials that consume fewer paints, such as plastic sheets and pre-built materials.
- The commercial coatings’ share fluctuated by around 26% in Germany during the 2016-2019 period while declining by 23% in 2020 due to abnormal growth in residential paint consumption and declining commercial paint consumption.
- In 2020, even though commercial construction and remodeling paint consumption declined, total paint consumption showed a huge spike due to a large increase in the consumption of the DIY paints, especially in the country’s residential sector, as people stayed home due to the COVID-19 pandemic.
Germany Architectural Coatings Industry Segmentation
Commercial, Residential are covered as segments by Sub End User. Solventborne, Waterborne are covered as segments by Technology. Acrylic, Alkyd, Epoxy, Polyester, Polyurethane are covered as segments by Resin.
Sub End User | |
Commercial | |
Residential |
Technology | |
Solventborne | |
Waterborne |
Resin | |
Acrylic | |
Alkyd | |
Epoxy | |
Polyester | |
Polyurethane | |
Other Resin Types |
Germany Architectural Coatings Market Size Summary
The Germany Architectural Coatings Market is experiencing a steady growth trajectory, driven by the increasing demand for sustainable and environmentally friendly building materials. The market is characterized by a significant shift towards waterborne technology, which is gaining traction due to its alignment with green building practices and stringent government regulations. Acrylic resin-based coatings are particularly popular, as they comply with VOC regulations and support the country's green building movement. The residential sector remains the largest end-user segment, although the consumption of paints in this sector has been influenced by the rise of non-paintable building materials. This trend has led to a contraction in paint consumption in previous years, although the COVID-19 pandemic saw a surge in DIY paint consumption as people undertook home improvement projects.
The market landscape in Germany is moderately consolidated, with a few key players dominating the scene. Companies such as AkzoNobel N.V., Brillux GmbH & Co. KG, DAW SE, Hempel A/S, and PPG Industries, Inc. hold significant market shares. These companies are actively expanding their product offerings and enhancing their manufacturing capabilities to strengthen their market positions. Recent developments include the introduction of innovative products like Hammerite Ultima, a water-based exterior paint, and the expansion of production facilities to focus on greener manufacturing processes. Despite fluctuations in commercial paint consumption, the overall market is poised for growth, supported by ongoing trends in residential construction and the increasing adoption of sustainable coating solutions.
Germany Architectural Coatings Market Size - Table of Contents
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1. MARKET SEGMENTATION
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1.1 Sub End User
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1.1.1 Commercial
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1.1.2 Residential
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1.2 Technology
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1.2.1 Solventborne
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1.2.2 Waterborne
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1.3 Resin
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1.3.1 Acrylic
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1.3.2 Alkyd
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1.3.3 Epoxy
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1.3.4 Polyester
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1.3.5 Polyurethane
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1.3.6 Other Resin Types
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Germany Architectural Coatings Market Size FAQs
How big is the Germany Architectural Coatings Market?
The Germany Architectural Coatings Market size is expected to reach USD 3.06 billion in 2024 and grow at a CAGR of 2.21% to reach USD 3.34 billion by 2028.
What is the current Germany Architectural Coatings Market size?
In 2024, the Germany Architectural Coatings Market size is expected to reach USD 3.06 billion.