Industry

Europe Aerosol Paints Market Size and Forecast (2021 - 2031), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Raw Material (Acrylic, Alkyd, Epoxy, Polyurethane, and Others), Technology (Solvent-Borne and Water-Borne), and Application [Construction Industry, Automotive & Transportation (OEM and Refinish), Wood & Furniture Industry, Packaging, Arts & Crafts, DIY Home Improvement, and Others]

Report Code : 

TIPRE00024780

No. of Pages : 111
Published Month : Apr 2024
Category : Chemicals and Materials

Notice: Undefined variable: desc1 in /home/theinsightpart/public_html/post_details_amp.php on line 2045

Notice: Undefined offset: 1 in /home/theinsightpart/public_html/post_details_amp.php on line 2428

The Europe aerosol paints market was valued at US$ 2.98 billion in 2023 and is projected to reach US$ 4.49 billion by 2031; it is anticipated to record a CAGR of 5.3% from 2023 to 2031.

Market Insights and Analyst View:

Aerosol paints, also known as spray paints, are widely used to increase the shelf life of wood, metal, and plastic components in various industries. Pigments, solvents, and propellants are the major raw materials used for manufacturing aerosol paints. The manufacturing process of aerosol paints varies according to the technology, such as solvent-borne and water-borne. Water-borne aerosol paints are formulated with a water-based solution, and solvent-borne aerosol paints are formulated with a solvent or oil-based solution. Aerosol paints are used in applications such as construction, automotive & transportation, wood & furniture, packaging, arts & crafts, and DIY home improvement. Aerosol paint is useful for quick, semi-permanent marking on construction and surveying sites. It offers good resistance to abrasion, corrosion, and solvents and a lustrous protective coating on the surface to which they are applied.

Growth Drivers and Challenges:

The key factor bolstering the Europe aerosol paints market size is the strong growth of the construction industry in Europe. Aerosol paints offer desired heavy-duty finishes and rust prevention to building and construction sites. According to the European Construction Industry Federation, in the European Union, Germany, France, the UK, Italy, and Spain accounted for more than 70% of total investments in the construction of buildings and other structures. Thus, the significantly growing construction sector in the region is expected to boost the demand for aerosol paints. Moreover, the infrastructure sector is more resilient to the economic cycle as investment mainly comes from local or central governments. The EU infrastructure volumes have shown growth in 2022 (2.4%) and 2023 (3.2%), according to Eurostat. This growth in infrastructure supports total construction volumes in Europe. The Europe aerosol paints market is further fueled by increasing government spending on construction, infrastructures, and rising demand for new homes and building improvements. According to the European Commission, the construction industry is one of the major industries in Europe, contributing ~9% to the region's GDP. The Europe aerosol paints market trends include the development of sustainable aerosol paint solutions.

The stringent regulations concerning the use of aerosol paints are expected to restrain the Europe aerosol paints market growth. The solvent-based aerosol paints emit volatile organic compounds (VOCs)—toxic chemicals that easily evaporate into the air and accumulate in the environment. VOCs can be a risk to human health and the local environment. With rising environmental concerns, government agencies regulated the paints and coating industries in Europe. The region has been at the forefront of regulating VOCs in the paint and coating industry. The European Union (EU) has implemented the VOC Solvents Emissions Directive (SED) to reduce VOC emissions from industrial activities, including the paint and coating industry. The SED sets emission limits for VOCs and mandates industries to use low-VOC or zero-VOC solvents wherever possible.

Customize This Report To Suit Your Requirement

You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

Europe Aerosol Paints Market: Strategic Insights

Europe Aerosol Paints Market
  • Market Size 2023
    US$ 2.98 Billion
  • Market Size 2031
    US$ 4.49 Billion

Market Dynamics

GROWTH DRIVERS
  • Strong Growth of Construction Industry in Europe
  • Rising Demand for Aerosol Paints from Automotive Industry
FUTURE TRENDS
  • Sustainable Aerosol Paint Solutions
OPPORTUNITIES
  • Rising Trend of DIY

Regional Overview

  • Europe

Market Segmentation

Raw Material
  • Acrylic
  • Alkyd
  • Epoxy
  • Polyurethane
Technology
  • Solvent-Borne and Water-Borne
Application
  • Construction Industry
  • Automotive & Transportation
  • Wood & Furniture Industry
  • Packaging
  • Arts & Crafts
  • DIY Home Improvement
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Europe Aerosol Paints MarketReport Scope

Europe Aerosol Paints Market Report Scope

Report Attribute Details
Market size in 2023 US$ 2.98 Billion
Market Size by 2031 US$ 4.49 Billion
Global CAGR (2023 - 2031) 5.3%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Raw Material
  • Acrylic
  • Alkyd
  • Epoxy
  • Polyurethane
By Technology
  • Solvent-Borne and Water-Borne
By Application
  • Construction Industry
  • Automotive & Transportation
  • Wood & Furniture Industry
  • Packaging
  • Arts & Crafts
  • DIY Home Improvement
Regions and Countries Covered Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Rest of Europe
Market leaders and key company profiles
  • The Sherwin-Williams Co
  • PPG Industries Inc
  • RPM International Inc
  • Kobra Paint - Spray Art Technologies
  • European Aerosols Group B.V.
  • TECHNIMA GROUP
  • WRX Trade Brands
  • Black Country Paints Ltd
  • Peter Kwasny GmbH
  • TA Paints Ltd
  • The List of Companies - Europe Aerosol Paints Market 

    1. The Sherwin-Williams Co
    2. PPG Industries Inc
    3. RPM International Inc
    4. Kobra Paint - Spray Art Technologies
    5. European Aerosols Group B.V.
    6. TECHNIMA GROUP
    7. WRX Trade Brands
    8. Black Country Paints Ltd
    9. Peter Kwasny GmbH
    10. TA Paints Ltd
    • Progressive industry trends in the Europe aerosol paints market to help players develop effective long-term strategies
    • Business growth strategies adopted by developed and developing markets
    • Quantitative analysis of the Europe aerosol paints market from 2021 to 2031
    • Estimation of the demand for aerosol paints across various industries
    • Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
    • Recent developments to understand the competitive market scenario and the demand for aerosol paints market across Europe
    • Market trends and outlook coupled with factors driving and restraining the growth of the Europe aerosol paints market.
    • Decision-making process by understanding strategies that underpin commercial interest concerning the Europe aerosol paints market growth
    • The Europe aerosol paints market size at various nodes of the market
    • Detailed overview and segmentation of the Europe aerosol paints market as well as its dynamics in the industry
    • The aerosol paints market size across the Europe with promising growth opportunities
    Download Sample