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The Building Painting Market - Belgium

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Number of pages : ~ 40 pages
Format : Digital and PDF versions
Last update : 05/10/2021

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Summary and extracts

1 Market summary

1.1 Definition and scope of study

The paint industry includes several segments: building paints, consumer paints, industrial paints, anti-corrosion paints, marine paints and finally bodywork paints. [ FIPEC This study will focus on paints for buildings mainly.

Within this sector and decorative paints, the paint work market covers all work carried out by specialised companies or craftsmen using this type of coating.

Paint manufacturers in Belgium are struggling to make sustainable progress; their growth is almost nil, a trend due to a intense global competition (presence of major world leaders in Belgium) as well as the growing interest of individuals in alternatives to paints as wall coverings .

However, the painting sector in Belgium is progressing at a steady pace, driven by regulations promoting the renovation of buildings (advantageous VAT rates).

The sector is finally suffering a growing environmental awareness and must therefore develop new products that are more environmentally friendly, with fewer volatile organic compounds (organic compounds that are greenhouse gases that evaporate at low temperatures) for example.

2 Demand analysis

3 Market structure

4 Analysis of the offer

5 Rules and regulations

6 Positioning of the actors

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Latest news

Paints: AkzoNobel invests 20 million euros in France - 12/07/2022

AkzoNobel invests 20 million euros in two of its seven sites in France, at Pamiers (09) and Montataire (60)

Axalta commits to new sustainability goals - 27/04/2022

Achieving carbon neutrality by 2040
Assess internal and external ESG risks
80% of Axalta's new product developments offer sustainability benefits

AkzoNobel Paints set for strong growth in 2021 - 09/02/2022

AkzoNobel sales up 6.9% in 2019 to €20.4 billion
Integration of US company PPG
redeployment of paint business to higher-growth markets
Net income 1.5 billion euros

Companies quoted in this study

This study contains a complete overview of the companies in the market, with the latest figures and news for each company. :

PPG Industries

Martin Mathys

Boss paint

Fenzi

Lis

Oxyplast Belgium

De Waal

Coatinc

Vercammen & Co

Meuleman

Kontrimo

Axalta Coating Systems

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