Report Update: Nov 1, 2024

World - Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium - Market Analysis, Forecast, Size, Trends and Insights

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Aqueous paint and varnish market

Aqueous paint and varnish market: discover recently published facts and figures powered by an Ai-driven market research platform. Info provide production, market size, trade, companies, market prices, exports, imports, and consumption. Here is a breakdown by region, including the U.S., Africa, the Middle East, China, the U.K., Russia, Latin America, and EU. Market dynamics and outlook to 2030 are also provided in the snapshots.

Aqueous Paint and Varnish - World's Largest Markets

Rating	Country
1	China
2	United States
3	Canada
4	Brazil
5	Germany

In value terms, the largest aqueous paint and varnish markets worldwide were China, the United States and Canada, together comprising 54% of the global market. Brazil, Germany, Pakistan, the UK, Japan, France, Turkey, Egypt, Russia and Spain lagged somewhat behind, together comprising a further 22%.

In terms of the main consuming countries, the UK saw the highest rates of growth with regard to market size, over the period under review, while aqueous paint and varnish market for the other global leaders experienced more modest paces of growth.

Aqueous Paint And Varnish Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
United Arab Emirates	1408	1036	1010	-15.3%
Poland	1794	1776	1733	-1.7%
Spain	2642	2533	2354	-5.6%
France	2645	2782	2356	-5.6%
Denmark	2611	2370	2418	-3.8%
United Kingdom	2509	2508	2588	1.6%
United States	3702	3683	2685	-14.8%
Sweden	2827	2791	2767	-1.1%
Germany	3029	2935	2874	-2.6%
Netherlands	2736	2667	2935	3.6%
Italy	3409	3254	3133	-4.1%
Austria	3410	3311	3312	-1.4%
Belgium	4238	4418	4248	0.1%
Average	2718	2669	2527	-3.6%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Belgium ($4,248 per ton), while the United Arab Emirates ($1,010 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
United States	5804	6287	5706	-0.8%
Canada	3453	3720	3532	1.1%
Mexico	3743	3647	3331	-5.7%
China	3383	3172	3290	-1.4%
Czech Republic	3297	3180	3246	-0.8%
Germany	3006	2973	2960	-0.8%
Netherlands	2735	2692	2889	2.8%
Belgium	3000	2738	2853	-2.5%
Poland	2774	2606	2794	0.4%
Russia	2733	2645	2678	-1.0%
France	2679	2697	2541	-2.6%
United Kingdom	2405	2437	2212	-4.1%
Slovakia	1995	2036	1737	-6.7%
Average	2756	2701	2687	-1.3%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United States ($5,706 per ton), while Slovakia ($1,737 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Aqueous Paint and Varnish - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Canada	0.5	0.5	0.5	4.7%
Germany	0.4	0.4	0.3	-4.2%
Poland	0.3	0.3	0.3	-2.2%
France	0.3	0.3	0.3	-2.8%
United Kingdom	0.3	0.3	0.3	-3.7%

In value terms, the largest aqueous paint and varnish importing markets worldwide were Canada ($531M), Germany ($342M) and Poland ($311M), with a combined 19% share of global imports. France, the UK, the United States, Belgium, Mexico, China, the Netherlands, the Czech Republic, Russia and Slovakia lagged somewhat behind, together accounting for a further 36%.

Among the main importing countries, Belgium recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Aqueous Paint and Varnish - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Germany	1.4	1.3	1.3	-2.5%
United States	0.9	0.9	0.9	-0.1%
Italy	0.4	0.4	0.4	-5.5%
Netherlands	0.4	0.4	0.4	-3.3%
United Kingdom	0.3	0.3	0.3	6.9%

In value terms, the largest aqueous paint and varnish supplying countries worldwide were Germany ($1.3B), the United States ($882M) and Italy ($395M), together comprising 39% of global exports. The Netherlands, the UK, France, Belgium, Sweden, Austria, Spain, Poland, Denmark and the United Arab Emirates lagged somewhat behind, together accounting for a further 36%.

In terms of the main exporting countries, Belgium saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Aqueous Paint and Varnish - Market Forecast

Driven by rising demand for aqueous paint and varnish worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Aqueous Paint and Varnish - Product Coverage

HS 320910 - Paints and varnishes; based on acrylic or vinyl polymers, dispersed or dissolved in an aqueous medium
HS 320990 - Paints and varnishes; (based on polymers other than acrylic or vinyl), dispersed or dissolved in an aqueous medium

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for aqueous paint and varnish. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20301150 - Paints and varnishes, based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium (including enamels and lacquers)
Prodcom 20301170 - Other paints, varnishes dispersed or dissolved in an aqueous medium

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023