IRL has launched a new edition of its
regional title “A Profile of the Central
European Paint Industry.” This fully updated report provides market data for
2013 and forecasts for 2018, and gives
an overview of the paint industry trends
across 14 countries in the region.
The total market for paints and coatings in Central Europe was over 1.3 million tons in 2013, and is forecast to rise to
more than 1.5 million tons by 2018. This
is equivalent to an average annual growth
rate of 2.9 percent.
On a country-by-country basis,
Poland is by far the largest national
market, accounting for nearly 41 percent of total demand. Poland, as well as
the medium-sized markets of Hungary
and Romania, are predicted to show
good growth rates underpinned by their
progress in transformation to market-oriented economies, rising GDPs and
living standards. The smallest markets in terms of paint demand, the
Balkan countries Montenegro, Kosovo,
Macedonia and Albania, are largely
sustained by imports.
Architectural and decorative coatings
for consumer and professional uses account for around 58 percent of the total
market, although this proportion varies
from country to country. This segment is
predicted to evolve at a slow rate due to
the slow pace of development of the construction industry in the region.
Growth is forecast to be highest in
the industrial wood and plastic coatings segments. The industrial wood
coatings segment in Central Europe
is boosted by the development of the
furniture sector in the region, supported by international demand. The use
of plastic coatings is growing in the
automotive and electronics sectors,
attributable to the recent investment
into these end-use industries and also
the increasing usage of plastic materials in automobile and consumer electronics manufacturing.
“A Profile of the Central European
Paint Industry” gives an insight into the
market changes in the past few years,
as well as outlining the key trends af-
fecting the decorative and industrial
coatings segments for each individual
country covered. The scope of the study
covers Albania, Bosnia- Herzegovina,
Bulgaria, Croatia, Czech Republic,
Hungary, Kosovo, Macedonia,
Montenegro, Poland, Romania, Serbia,
Slovakia and Slovenia. It provides 2013
market data on nine mainstream paints
and coatings segments: architectural/
decorative, industrial wood coatings,
protective coatings, marine coatings,
automotive OEM coatings, automotive
refinishes, powder coatings, general in-
dustrial coatings and plastic coatings.
Forecasts on these are also presented
for the year 2018. The cost of the full
report is € 4,500.
Sections of the report, priced individually, will be available to purchase online
at IRL’s website: www.informationre-search.co.uk. CW
IRL Releases Profile of the
Central European Paint Industry
