Potential of Automotive-Related Coatings in Eastern Europe

Figure 1


IRL has published a new title for the industrial coatings sector - Potential of Automotive-Related Coatings in Eastern Europe. This new study covers eight key automotive-producing economies in Eastern Europe and examines the markets of automotive OEM coatings, automotive refinishes, powder coatings and coatings for plastics in each.

The total market for these coatings, including non-automotive applications, is estimated at 278,000 tonnes across the eight countries, and is split as shown in Figure 1.

Total demand in 2010 is expected to reach 478,000 tonnes, equivalent to an average growth of 12% pa. In fact, automotive OEM coatings, powder coatings and coatings for plastics will grow on average by about 12-14% pa, with refinish growth trailing slightly at about 9% pa.

From the individual markets we note the -following:

  • The automotive OEM coatings market will show strong growth as a result of the automotive industry exporting to Western Europe. Russia is by far the most attractive economy for this but the location of the Czech and Slovak Republics also bodes well for the future.

  • The automotive refinish market is highly competitive and in most countries quite fragmented, with a tendency to be dominated by “the big four”. In some economies, segmentation between the medium- and low-quality markets is poor. EU legislation on solvent emissions is expected to reduce the consumption of low-quality refinishes by chasing small or illegal workshops out of the market.

  • Powder coatings will demonstrate attractive growth, particularly in segments such as white goods and construction. Turkey is a particularly strong growth market, while the Ukrainian powder segment is being driven by captive capacity investment by end-users. Many of the leading European powder coatings companies are competing for business in these markets.

  • Coatings for plastics exhibit strong demand within the electrical goods and automotive industries, and Poland, Turkey and Russia will emerge as key markets. There is a strong German influence in the plastic finishing segment in the more developed markets, while others will continue to seek better technology from the west.

    Potential of Automotive-Related Coatings in Eastern Europe is available in two versions. The first is organized according to country and then coatings segment, the second is organized according to coatings segment and then country. Both forms contain just over 200 pages and 93 tables in each. The report costs €2,750 but sections of it, priced individually, will soon be available to purchase online at www.informationresearch.co.uk.

    For more information on this report, contact Terry Knowles at tknowles@brg.co.uk.

  • You must register or login in order to post comments.

    Multimedia

    Videos

    Image Galleries

    Podcasts

    PCI Top 5 - January 12, 2012
    PCI's Podcast series on the five most e-mailed/shared articles and stories for the week.

    More Podcasts

    THE MAGAZINE

    PCI Magazine

    February 2012 cover

    2012 February

    PCI's new issue is now available. Check it out!

    TABLE OF CONTENTS SUBSCRIBE

    Coating Technology

    What resources do you refer to when learning about coatings technology?
    See Poll Results Poll Archive

    THE PCI STORE

    Power Coatings
    CD Verison: Powder Coatings - Foundation for the Novice Formulator by Kevin Biller for $29.95 plus shipping
    ON CD - Powder Coatings have been the fastest growing finishing technology for the past 30 years. In spite of this tremendous growth and the technology advances that come with it, very few technical tools have been provided for the formulator.
    More Products

    Clear Seas Research

    Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

    Virtual Brochures

    PageCollageClick to the Virtual Brochures page to view multiple catagories that list downloadable product literature from leading industry suppliers.

    STAY CONNECTED

    Facebook Twitter  LinkedIn