Europe Pipe Coatings Market Size & Outlook, 2023-2030
The pipe coatings market in Europe is expected to reach a projected revenue of US$ 1,366.3 million by 2030. A compound annual growth rate of 4% is expected of Europe pipe coatings market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,034.9
Forecast, 2030 (US$M)
$1,366.3
CAGR, 2024 - 2030
4%
Report Coverage
Europe
Europe pipe coatings market highlights
- The Europe pipe coatings market generated a revenue of USD 1,034.9 million in 2023.
- The market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, thermoplastic polymer coatings was the largest revenue generating type in 2023.
- Thermoplastic Polymer Coatings is the most lucrative type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 1,034.9 million |
| Market revenue in 2030 | USD 1,366.3 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Thermoplastic polymer coatings |
| Fastest growing segment | Thermoplastic Polymer Coatings |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thermoplastic Polymer Coatings |
| Key market players worldwide | PPG Industries Inc, Akzo Nobel NV, Sherwin-Williams Co, Axalta Coating Systems Ltd, Arkema SA, 3M Co, Basf SE, Al-Qahtani Pipe Coating Industries, DuPont de Nemours Inc, LyondellBasell Industries NV Class A |
Other key industry trends
- In terms of revenue, Europe region accounted for 12.5% of the global pipe coatings market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 5,274.4 million by 2030.
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Pipe Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Al-Qahtani Pipe Coating Industries | View profile | 1001-5000 | Dammam, Ash Sharqiyah, Saudi Arabia, Asia | https://aqpci.com |
| Axalta Coating Systems Ltd | View profile | 12000 | 50 Applied Bank Boulevard, Suite 300, Glen Mills, PA, United States, 19342 | https://www.axalta.com |
| Sherwin-Williams Co | View profile | 64088 | 101 West Prospect Avenue, Cleveland, OH, United States, 44115-1075 | https://www.sherwin-williams.com |
| PPG Industries Inc | View profile | 53000 | One PPG Place, Pittsburgh, PA, United States, 15272 | https://www.ppg.com |
| Akzo Nobel NV | View profile | 35500 | Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW | https://www.akzonobel.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| LyondellBasell Industries NV Class A | View profile | 20000 | One Vine Street, 4th Floor, London, United Kingdom, W1J0AH | https://www.lyondellbasell.com |
| Arkema SA | View profile | 11039 | 420 rue d’Estienne d’Orves, Colombes, France, 92700 | https://www.arkema.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
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