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The Paints & Coatings Industry in Europe is Expected to Grow to $34.3 Billion by 2025

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The European paints & coatings market is projected to grow from USD 30.6 billion in 2020 to USD 34.3 billion by 2025, at a CAGR of 2.3% between 2020 and 2025.
Economic & demographic growth, increasing residential building activities, growing urbanization, and increase in housing construction expenditure are the important drivers of the European paints & coatings market.
Architectural is projected to be the largest end-use industry, in terms of volume for European paints & coatings. The architectural paints & coatings market is estimated to witness growth due to increasing disposable income and growing demand for interior decoration & beautification in both residential as well as commercial segments. The growing urban population in most of the developing regions is driving the construction industry. Growth in the non-residential sector is mainly due to the growing demand for commercial spa ....

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