According to BlueQuark Research & Consulting, Paints & Coatings industry in Russia 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 Russia is also discussed - including architectural coatings, automotive coatings, wood coatings, packaging coatings, marine coatings, among others.
Russia Macroeconomic Factors:
According to the International Monetary Fund, the real GDP growth rate of Russia is estimated to reach at 3.8% by the end of 2021 and forecasted to reach at 1.8% by the end of 2026.Automotive Segment:
Russia automotive production output registered at 1.44 million units in 2020 compared to 1.72 million units in 2019, with a year-on-year growth rate of -16.56%.
Russia Paints & Coatings Trade Scenario:
Russia paints & coatings imports and exports valued at USD 105.84 million and USD 17.63 million in 2020 compared to 109.29 million and USD 17.63 million in 2019.
BlueQuark's Russia Paints & Coatings Industry Outlook briefing report provides concise insights into the Russia'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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Russia Paints & Coatings Industry in USD Million, 2017-2027
Russia Paints & Coatings Industry - Market Dynamics, 2021-2027
Russia Paints & Coatings Industry - Supply Chain Analysis
Russia - List of Notable Paints & Coatings Companies in China
Other Supporting Charts
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