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Summary of our market study
The French industrial paint market exceeds 5.3 billion euros.
The global industrial paint market is estimated at $100 billion.
Despite a decline in the French construction sector of 2.5% in volume in 2022, sales of professional paint have risen by 15-20% between 2019 and 2022.
Pigment and resin prices have jumped by 50-60%.
The automotive and manufacturing sectors account for a substantial share of demand for industrial paints.
The number of companies in the paint industry fell by 23% between 2007 and 2022.
An overview of the players
- PPG Industries mainly present on the industrial paint market worldwide.
- Sherwin-Williams, the global industry giant
- Valspar supplies coatings that meet the rigorous demands of industrial applications.
- AkzoNobel is a global player
- Kansai Paint brings an oriental touch to industrial coatings
- Axalta Coating Systems specializes in coatings for vehicles and industrial equipment
- Beckers Group offers innovative and durable coating solutions
- Cromology France's leading paint company
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Summary and extracts
1 Market overview
1.1 Definition and scope of study
Industrial paint is a liquid or paste product designed to be applied according to a precise method. Once applied to a substrate, the paint is transformed into a solid film of adherent plastic. Industrial paint has two distinct purposes. On the one hand, it protects the substrate to which it is applied from the various physical or chemical aggressions to which it is exposed. On the other hand, it offers an important aesthetic aspect in certain markets.
The global industrial paint market is booming, with 13.7% growth forecast between 2021 and 2026. Asia-Pacific is a heavyweight in the sector, and this trend is unlikely to stop, as the region is expected to be the biggest contributor to industry growth in the years ahead. India, in particular, is acting as the continent's locomotive, thanks to low labor and raw material costs and growing urbanization of its population. The French paint market has grown by 26% between 2018 and 2022.
The main players in the sector are raw materials producers, industrial paint manufacturers (led by PPG and AkzoNobel) and the manufacturing industry (notably automotive).
In recent years, the industrial paint industry has evolved towards a model that is less harmful to health and the environment, following the introduction of new regulations at French and European level. This phenomenon has helped to accelerate the rapid technological development of a sector that is constantly adapting to meet the ever-increasing needs of its customers.to meet the increasingly specific needs of its customers (durability, quality of appearance, ease and speed of application, level of protective performance).
1.2 A dynamic global market
Industrial paint sales trend World, ***** - *****, US$ billion
The global industrial paint market is expected to grow by **.*% between **** and ****. The total value of the industry would then rise from $*** billion in **** to $*** billion in ****. This future growth can be explained by several factors, such as rising demand for high-durability products ...
1.3 A growing national market
Paint, varnish, ink and sealant manufacturing sales France, **** - ****, € billion INSEE, INSEE
The industrial paint market is included in the manufacture of paints, varnishes, inks and mastics category of the INSEE nomenclature (***). This sector will generate sales of *.** billion euros in ****, and has grown by **% between **** and ****.
FIPEC, which represents **% of ...
1.4 France, a net exporter of paint
Industrial paint market trade balance France, ****-****, in millions of dollars UNCOMTRADE Processing: Businesscoot In ****, the value of exports was **** billion euros and that of imports *** million euros. In ****, there is a drop in the value of exports and imports, which could be explained by the impact of the COVID-** crisis ...
2 Demand analysis
2.1 Demand dependent on the health of manufacturing industries
Paint market sales by customer type Nipponpaint, report to ****, in % of sales Nipponpaint
To take a closer look at the demand for industrial paint within the paint market, we focus on one of the market leaders: Nipponpaint. **% of Nipponpaint's sales are generated by industrial coatings and automotive coatings
The automotive industry ...
2.2 Growing demand for industrial paint technology
Over the past twenty years, the industrial painting sector has evolved considerably. The rough caricature of an approximate profession embodied by a dabbler unconcerned about the consequences of his actions has given way to a high-tech profession where the technician must master such cutting-edge technologies as waterborne, high-solids and ultraviolet drying ...
2.3 Growing demand for more environmentally-friendly industrial paints
Factories and industrial plants have been crucial to the modernization of human society. Nevertheless, they are at the root of many environmental problems, including greenhouse gas emissions, global warming and air pollution. What's more, poor waste management at these plants has negative consequences for biodiversity. Today, industrial units are increasingly aware ...
2.4 The automotive industry: driving demand for industrial paints
The automotive industry is a key player in the demand for industrial paint, as it needs to protect and beautify vehicle surfaces. Paints used on vehicles must be able to withstand severe conditions such as exposure to weather, UV rays, chemicals and impacts, while remaining aesthetically pleasing. In addition, the trend ...
2.5 The aerospace industry: a major industrial paint customer
The aerospace industry generates high demand for industrial paints due to its specific requirements. Paint is essential to protect aircraft and spacecraft surfaces against corrosion, extreme environmental conditions and potential impacts. It also contributes to the aesthetics and brand identity of aircraft, while meeting the rigorous safety and performance standards imposed ...
3 Market structure
3.1 The industrial paint value chain
Source: ****
The industry's value chain is fairly classic, with a product path that runs from raw materials suppliers to the end consumer, passing of course through paint manufacturers responsible for producing the finished product, and distributors acting as the link between these manufacturers and the end consumer.
*. Raw materials suppliers ...
3.2 France's leading industrial paint manufacturers
PPG Industries, Sherwin-Williams, Valspar, AkzoNobel and Kansai Paint are the companies with the highest paint manufacturing sales in France. Other companies include Axalta Coating Systems, Beckers Group, Cromology, Seigwerk, Frading,Sun Chemical and Flint Group[***]
The biggest French player is the Cromology Group , headquartered in Issy-les-Moulineaux.
Here are some other industrial ...
3.3 The evolution and geographical distribution of jobs in the industrial paint sector
Growth in the number of companies in the paint industry France, ****-****, in units ACOSS
Change in number of employees in the paint industry France, ****-****, in units ACOSS There is a trend towards concentration in the French paint market, with a **% drop in the number of companies between **** and ****. This ...
4 Offer analysis
4.1 Product presentation: the different types of industrial paint
Depending on the desired effect, and the condition and nature of the materials to be covered, there are * families of paint products for surface coating: Paints as undercoats to even out the appearance of the substrate Varnishes as top coats to obtain a gloss or satin effect Woodstain undercoats and topcoats ...
4.2 Rising industrial paint production costs
Industrial paint production mainly requires raw materials such as colorants, pigments and tanning agents and, to a lesser extent, basic plastics.
Producer price index, Colorants, pigments and tanning agents France, **** - ****, index base *** **** INSEE
Price index, Plastics in primary forms France, **** - ****, index base *** **** INSEE From **** to ****, the price index for ...
4.3 Rising prices in the French industrial paint market
Price index, Paints, varnishes and other coatings, printing inks and mastics France, **** - ****, index base *** **** INSEE
The rise in raw material prices (***) has logically led to a rise in paint production prices. The paint price index has seen variable changes over the period from **** to ****. It was *** in **** and fell slightly ...
5 Regulations
5.1 A well-regulated pollutant
The industrial paint sector is highly regulated due to the polluting and toxic materials it produces and markets. These regulations have also encouraged the industry's technological development, with the search for new solutions to meet the new legal requirements as effectively as possible.
The main regulations relate to
Products (***) Product labeling ...
6 Positioning the players
6.1 Segmentation between leading generalists and industrial paint specialists
Source: ****
The French industrial paint market is dominated by large generalist paint and coatings companies such as the Americans PPG Industries and Sherwin-Williams, or the Dutch AkzoNobel. However, alongside these players, companies specializing in industrial paints such as Axalta Coating Systems and Becker Industrie, the French subsidiary of Sweden's Beckers Group, ...
- Axalta Coating Systems
- Sherwin Williams
- Beckers
- PPG Industries
- Cromology
- Altheora
- Solar Paint (International Colors Group)
- Technima
- Blanchon
- Siegwerk
- Akzo Nobel
- Zolpan
- Cin Celliose
- Aliance Maestria
- EMFI 3M
- Flint Ink Groupe
- Geveko Marking
- NOF metal Coating Europe
- Sika Automotive france
- Socomore
- Armar Peintures
- Colart
- Diot PGM
- Satys Aerospace
- Daw Caparol
- Durieu Groupe
- Mäder groupe
List of charts presented in this market study
- Industrial paint sales trend
- the world's leading paint manufacturers and their market share
- Sales of paints, varnishes, inks and sealants
- Paint market sales by customer type
- CO2 emissions in automobile production
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Latest news
Diot PGM expands its network in Western France - 11/12/2023
- Acquisition of Aupinel, a distributor of paint and equipment for professionals, with sales of 11 million euros and 40 employees.
- Aupinel has 4 sites in Normandy and 3 in Brittany.
- Diot PGM is a group based in Angers, currently employing 75 people and with a paint brand, Condor, which accounts for 10% of its sales of 19 million euros.
- Diot PGM, with the acquisition of Aupinel, now forms a group with 115 employees and sales of 30 million euros.
- The Diot PGM group now has a network of 17 sales outlets located in the main conurbations of western France.
Chemical specialist Socomore strengthens its position in the United States - 06/09/2023
- Socomore increased its stake in American Flamemaster from 23% to 75%.
- Socomore employs 360 people.
- Flamemaster, with around 40 employees, is a long-standing and recognized player in the American defense market.
- Flamemaster is Socomore's 14th acquisition, and its 8th in North America.
- Socomore expects sales of 100 million euros this year.
- Socomore invests 5 million euros in a new production unit for aeronautical paints
- Investment of 7 million euros in the production of ultra-clean wipes for the electronics industry.
- In 1998, Socomore had sales of 3 million euros and 27 employees.
- Socomore now generates 50% of its business in Europe, 40% in North America, and the remainder in the rest of the world.
New Socomore plants in Morbihan - 18/06/2023
- Total investment program: 12 million euros
- Amount earmarked for the creation of an aircraft paint manufacturing plant: 5 million euros
- Amount earmarked for the construction of a second site dedicated to its subsidiary Contec Europe: 7 million euros
- Sales in 2023: 100 million euros (double that achieved in 2022)
- Current number of Socomore employees: 450
- Acquisition of a company in Los Angeles specializing in the manufacture of aeronautical sealants: 50 employees
Technima strengthens its presence in Italy with Solkem - 03/02/2023
Technima: €110 million in revenues 400 employees, including 270 abroad Solkem operates a 38,000-square-meter plant near Milan and generates €21 million in sales with 100 employees
Altheora diversifies into thermoplastic injection moulding - 21/01/2023
- Acquisition of Chris France Plastique
- Chris France Plastique generated sales of 10.5 million euros last year, with a workforce of around 50
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the industrial paint market | France
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