Key Market Indicators
Paint and coating consumption is projected to reach 435 million kilograms by 2026. In 2020, the demand for paint and coatings was 419 million kilograms, with a year-on-year decrease of 0.4%. Spain, Germany and the United Kingdom ranked second, third and fourth respectively in terms of the market share. On average, the market is projected to grow at a rate of 0.4% year on year.