According to BlueQuark Research & Consulting, Paints & Coatings industry in Belgium is expected to witness a significant growth rate during the forecasted period. The major market drivers and restraints are covered in the study.
Further, analysis of the major end-uses of paints & coatings in Belgium is also discussed - including architectural coatings, automotive coatings, wood coatings, packaging coatings, marine coatings, among others.
Belgium Macroeconomic Factors:
According to the International Monetary Fund, the real GDP growth rate of Belgium is estimated to reach at 4% by the end of 2021 and forecasted to reach at 1.3% by the end of 2026.Automotive Segment:
Belgium automotive production output registered at 267.46 thousand units in 2020 compared to 285.8 thousand units in 2019, with a year-on-year growth rate of -6.42%.
Belgium Paints & Coatings Trade Scenario:
Belgium paints & coatings imports and exports valued at USD 142.11 million and USD 91.11 million in 2020 compared to 132.3 million and USD 91.11 million in 2019.
BlueQuark's Belgium Paints & Coatings Industry Outlook briefing report provides concise insights into the Belgium's current and future state across the country that is essential for anyone wanting to gain a quick and comprehensive understanding of the industry.
This report also offers an extensively researched competitive landscape section with profiles of prominent companies.
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Belgium Paints & Coatings Industry in USD Million, 2017-2027
Belgium Paints & Coatings Industry - Market Dynamics, 2021-2027
Belgium Paints & Coatings Industry - Supply Chain Analysis
Belgium - List of Notable Paints & Coatings Companies in China
Other Supporting Charts
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