United Kingdom Paints & Coatings Market to Grow with a CAGR of 3.84% through 2029

Growth in research and development activities is expected to drive the United Kingdom Paints & Coatings Market growth in the forecast period, 2025-2029.

According to TechSci Research report, “United Kingdom Paints & Coatings Market– By Region, Competition, Forecast and Opportunities, 2019-2029F”, the United Kingdom Paints & Coatings Market stood at USD 2.76 billion in 2023 and is anticipated to grow with a CAGR of 3.84% in the forecast period through 2029F. Government initiatives related to paints and coatings have created favorable market conditions for the United Kingdom Paints & Coatings Market. Various factors contribute to the growth of different products within this market. The UK government has established a comprehensive roadmap for the paints, coatings, and printing inks sectors to align with its ambitious target of achieving net-zero emissions by 2050. This roadmap underscores the significance of these industries in transitioning to a sustainable future and offers a clear trajectory toward reaching this objective. By delineating essential steps and measures, the government aims to ensure active participation from these industries in reducing greenhouse gas emissions and advancing overall decarbonization efforts.

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The Surface Engineering Research Centre at the University of Sheffield specializes in the production, assessment, and characterization of coatings and surface treatments for engineering applications. Their primary focus revolves around plasma-based coating deposition and surface treatment technologies. These efforts encompass the development of novel metallic nanocomposite coatings through sputter deposition, enabling precise control over mechanical properties. They also engage in plasma electrolytic processes for surface hardening and other functional treatments, primarily targeting lightweight alloys like aluminum, magnesium, and titanium. Funding for this research comes from the EPSRC and industrial partners.

Researchers at the university have received support from esteemed organizations such as the Royal Society and the British Council to foster collaborations with research groups in former Soviet Union countries (Russia and Ukraine), Taiwan, and beyond. Further initiatives are underway to expand their connections with academic and industrial laboratories in the USA. These endeavors uphold their leading position in critical technologies and facilitate collaborations with local companies, including through Knowledge Transfer Partnerships.

The United Kingdom Paints & Coatings Market is segmented in resin type, application, regional distribution, and company.

Based on its resin type, the acrylic segment held the largest share in the market. Beyond their outstanding durability against weathering, UV radiation, and environmental contaminants, acrylic coatings demonstrate an impressive capacity to endure the challenging conditions typical of outdoor settings. When applied to outdoor furniture, acrylic coatings offer a sturdy protective shield that defends against moisture, sun exposure, and changes in temperature. This guarantees the preservation of furniture integrity and aesthetics, even amidst the demanding conditions of outdoor usage and unpredictable weather fluctuations.

Based on region, London segment is expected to grow during the forecast period.

London's renown as a global hub for culture and tourism attracts millions of visitors annually, enhancing the city's vibrant array of cultural events, festivals, and exhibitions. These dynamic occasions often incorporate temporary installations and decorative enhancements, showcasing London's diverse cultural landscape and innovative spirit. From renowned landmarks to temporary art displays, there is a heightened demand for specialized paints and coatings to bring the visions of artists, designers, and event planners to fruition. Whether it involves colorful murals gracing street corners, intricate designs adorning festival stages, or thematic decorations adorning exhibition spaces, the application of paints and coatings is instrumental in realizing these creative endeavors.

Major companies operating in United Kingdom Paints & Coatings Market are:

• AkzoNobel UK Ltd
• Sherwin-Williams UK Coatings Ltd
• PPG Architectural Coatings UK Limited
• Axalta Coating Systems UK Limited
• Crown Paints Limited

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“Digitalization facilitates the implementation of predictive maintenance and asset management approaches aimed at enhancing the efficiency and durability of coating systems. It also enables remote collaboration and communication among various stakeholders in the supply chain, such as manufacturers, suppliers, distributors, contractors, and end-users. Cloud-based collaboration platforms, along with video conferencing tools and project management software, streamline communication and information sharing across different locations. Remote monitoring technologies empower manufacturers to oversee coating application processes, monitor quality control parameters, and track performance metrics from a distance. This enhances operational efficiency, transparency, and traceability throughout the coating lifecycle.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“United Kingdom Paints & Coatings Market By Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester, Others), By Application (Architectural, Industrial, Others), By Region, Competition, Forecast and Opportunities, 2019-2029F”, has evaluated the future growth potential of United Kingdom Paints & Coatings Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United Kingdom Paints & Coatings Market.

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