Global Solvent Based Coatings Market Report 2024

Solvent Based Coatings Global Market Report 2024 – By Type (One Component System Solvent Borne Coating, Two Component System Solvent Borne Coating), By Application (Automotive Solvent Borne Coatings, Industrial Solvent Borne Coatings, Printing Inks), By Industry Vertical (Utilities, Oil & Gas Industry, Manufacturing Industry, Hospitals, Other Industry Verticals) – Market Size, Trends, And Global Forecast 2024-2033

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Solvent Based Coatings Market Definition And Segments

Solvent-based coatings contain organic compounds like solvents and constitute liquefying agents that evaporate through a chemical reaction with oxygen. Solvent-based coatings include high levels of organic compounds than water-based coatings and offer a long durability.

The main types of solvent-based coatings market are one-component system solvent-borne coatings and two-component system solvent-borne coatings. A two-component (2K) solvent-borne coating formulation consisting of dispersion as a first component and an acrylate binder with hydroxyl functionalities. The solvent-based coatings are applied in automotive solvent-borne coatings, industrial solvent-borne coatings, and printing inks that are used in utilities, oil and gas industries, manufacturing industries, hospitals, and other industry verticals.

The solvent based coatings market covered in this report is segmented –

1) By Type: One Component System Solvent Borne Coating, Two Component System Solvent Borne Coating

2) By Application: Automotive Solvent Borne Coatings, Industrial Solvent Borne Coatings, Printing Inks

3) By Industry Vertical: Utilities, Oil & Gas Industry, Manufacturing Industry, Hospitals, Other Industry Verticals

The solvent based coatings market size has grown strongly in recent years. It will grow from $41.65 billion in 2023 to $45.79 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to industrial applications, architectural coatings, automotive and transportation, corrosion protection.

The solvent based coatings market size is expected to see strong growth in the next few years. It will grow to $65.29 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to sustainable formulations, high-performance coatings, wood coatings innovation, oil and gas industry. Major trends in the forecast period include green solvent-based coatings, nano coatings, specialty and customized formulations, digital transformation in coating application.

Advantages Of Solvent-Based Coatings In Humid Environments

Solvent-based coatings are beneficial in humid environments. The time required to dry solvent-based coatings is very short when compared to water-based coatings, which are less efficient in humid environments. Solvent-based coatings are composed of liquefying agents that help speed up the drying process through a chemical reaction with the oxygen available in the environment. This nature of solvent-based coatings makes them easy to apply in a humid environment and at different temperatures. Moreover, many industries prefer solvent-based coatings to avoid chemical reactions owing to their quick-drying nature. For example, companies like Jamestown Coating Technologies produce industrial paints that are solvent-based and more durable when compared to water-based coatings. Thus, the nature of quick-dry in solvent-based coatings benefits their application in humid environments and thereby contributes to the growth of the solvent based coatings market.

Oil And Gas Industry's Rising Demand Set To Fuel Solvent Based Coatings Market Growth

The increasing demand from the oil and gas industry is expected to propel the growth of the solvent based coatings market going forward. The oil and gas industry refers to a sector of the global economy that involves the exploration, extraction, refining, distribution, and marketing of hydrocarbon products, primarily crude oil and natural gas. In the oil and gas industry, solvent-based coatings provide long-lasting protection against corrosion, durability, temperature and ultraviolet (UV) resistance, quick drying, and ease of application. For instance, in September 2023, according to the US Energy Information Administration, a US-based federal statistical system for gathering, processing, and disseminating energy data, there is an increase in U.S. crude oil output to 12.78 million b/d in 2023 from the record-high of 11.91 million b/d in 2022. Furthermore, in September 2022, the US consumed an average of 86.6 billion cubic feet of natural gas per day (Bcf/d) in 2022, the highest annual consumption of natural gas in the U.S. as compared to 2021. Therefore, the increasing demand from the oil and gas industry is driving the growth of the solvent based coatings market .

Major companies operating in the solvent based coatings market include BASF SE, Akzo Nobel NV, PPG Industries Inc., Sherwin-Williams Company, Henkel AG & Co. KGaA, Valspar Corporation, 3M Company, H.B. Fuller Company, Eastman Chemical Company, Arkema SA, Clariant AG, Celanese Corporation, Dow Chemical Company, ExxonMobil Corporation, Ineos Group Limited, Shell PLC, Solvay SA, Williams Hayward Protective Coatings Inc., Inver SPA, NEI Corporation, Laviosa Chimica Mineraria SpA, RPM International Inc., Axalta Coating Systems Ltd., Behr Paint Co., Benjamin Moore & Co., Kansai Paint Co. Ltd., Nippon Paint Holding Co. Ltd., Jotun Group, Evonik Industries AG, Huntsman Corporation, Mitsubishi Chemical Group Corporation, NOF Corporation, Saudi Arabia's Basic Industries Corporation, Shin-Etsu Chemical Co. Ltd., Sumitomo Chemical Co. Ltd., Chemours Company, Berger Paints Ltd., Asian Paints Ltd.

Environmental Regulations And The Impact On The Solvent-Based Coatings Market

Solvent-based coatings release volatile organic compounds (VOC) into the environment, causing environmental damage and affecting human health. VOCs are carbon compounds that become gas at room temperature and are the main reason for air pollution. Governments across the world are coming up with different regulatory acts to curb the emission of VOCs. For instance, to reduce the emission of VOC, the Hong Kong government has implemented a regulation that restricts products that exceed the standard emission of VOC in the country. Thus, the emission of VOCs into the atmosphere from solvent-based coatings limits the growth of the solvent based coatings market.

Advancements In Pet Technology Transforming The Solvent Based Coatings Industry

The adoption of PET technology is increasing as it enables the homogenous distribution of mineral particles during painting. It is an acrylic polymer capable of encapsulating mineral pigments in the organic phase, which is a solvent phase. The main performance of the coatings comes from the bulk of the binder composition. However, additional polymer features such as crosslinking, oxidative or UV (Ultra Violet) curing, and specific morphology can boost overall performance, improving the dirt pick-up resistance in most cases. PET technology is being widely adopted by many customers and establishments to improve paint longevity and enhance resistance to climate variations and dirt from manmade and natural sources. Some of the major companies that have adopted this technology are Vermont Photo Inkjet, AkzoNobel N.V., Sherwin-Williams Company, and RPM International Inc.

Increasing Focus On Product Innovations To Provide Reliable Services To Their Customers

Major companies operating in the solvent based coatings market are focusing on innovative products such as Tego flow 380 leveling agent to drive revenues in their market. Leveling agents are additives used in the coatings, paints, and ink industries to improve the surface properties and appearance of the applied material. For instance, in March 2023, Evonik Industries AG, a Germany-based company that manufactures various specialty chemicals, including solvent-based coatings launched Tego Flow 380 leveling agent. The Tego Flow 380 is appropriate for solvent-borne coatings, particularly clear coats characterized by excellent anti-popping qualities and outstanding compatibility. It has very low viscosity which makes it very simple to process and is used in automotive and general industrial coatings .

Asia-Pacific was the largest region in the solvent based coatings market in 2023. Western Europe was the second-largest region in the solvent based coatings market report. The regions covered in the solvent based coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the solvent based coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The solvent based coatings market consists of the sales of alkyd, polyester high solids, single component epoxy, 2-component urethane & epoxy, fluoropolymer 2-component, and non-isocyanate 2-component acrylic solvent-based coatings. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The solvent based coatings market research report is one of a series of new reports from The Business Research Company that provides solvent based coatings market statistics, including solvent based coatings industry global market size, regional shares, competitors with a solvent based coatings market share, detailed solvent based coatings market segments, market trends and opportunities, and any further data you may need to thrive in the solvent based coatings industry. This solvent based coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Solvent Based Coatings Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $45.79 billion
Revenue Forecast In 2033 $65.29 billion
Growth Rate CAGR of 9.3% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: One Component System Solvent Borne Coating, Two Component System Solvent Borne Coating
2) By Application: Automotive Solvent Borne Coatings, Industrial Solvent Borne Coatings, Printing Inks
3) By Industry Vertical: Utilities, Oil & Gas Industry, Manufacturing Industry, Hospitals, Other Industry Verticals
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled BASF SE; Akzo Nobel NV; PPG Industries Inc.; Sherwin-Williams Company; Henkel AG & Co. KGaA; Valspar Corporation; 3M Company; H.B. Fuller Company; Eastman Chemical Company; Arkema SA; Clariant AG; Celanese Corporation; Dow Chemical Company; ExxonMobil Corporation; Ineos Group Limited; Shell plc; Solvay SA; Williams Hayward Protective Coatings Inc.; Inver SPA; NEI Corporation; Laviosa Chimica Mineraria SpA; RPM International Inc.; Axalta Coating Systems Ltd.; Behr Paint Co.; Benjamin Moore & Co.; Kansai Paint Co. Ltd.; Nippon Paint Holding Co. Ltd.; Jotun Group; Evonik Industries AG; Huntsman Corporation; Mitsubishi Chemical Group Corporation; NOF Corporation; Saudi Arabia's Basic Industries Corporation; Shin-Etsu Chemical Co. Ltd.; Sumitomo Chemical Co. Ltd.; Chemours Company; Berger Paints Ltd.; Asian Paints Ltd.
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    Table Of Contents

    1. Executive Summary

    2. Solvent Based Coatings Market Characteristics

    3. Solvent Based Coatings Market Trends And Strategies

    4. Solvent Based Coatings Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Solvent Based Coatings Market Size and Growth

    5.1. Global Solvent Based Coatings Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Solvent Based Coatings Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Solvent Based Coatings Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Solvent Based Coatings Market Segmentation

    6.1. Global Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    One Component System Solvent Borne Coating

    Two Component System Solvent Borne Coating

    6.2. Global Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Automotive Solvent Borne Coatings

    Industrial Solvent Borne Coatings

    Printing Inks

    6.3. Global Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Utilities

    Oil And Gas Industry

    Manufacturing Industry

    Hospitals

    Other Industry Verticals

    7. Solvent Based Coatings Market Regional And Country Analysis

    7.1. Global Solvent Based Coatings Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Solvent Based Coatings Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Solvent Based Coatings Market

    8.1. Asia-Pacific Solvent Based Coatings Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Solvent Based Coatings Market

    9.1. China Solvent Based Coatings Market Overview

    9.2. China Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Solvent Based Coatings Market

    10.1. India Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Solvent Based Coatings Market

    11.1. Japan Solvent Based Coatings Market Overview

    11.2. Japan Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Solvent Based Coatings Market

    12.1. Australia Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Solvent Based Coatings Market

    13.1. Indonesia Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Solvent Based Coatings Market

    14.1. South Korea Solvent Based Coatings Market Overview

    14.2. South Korea Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Solvent Based Coatings Market

    15.1. Western Europe Solvent Based Coatings Market Overview

    15.2. Western Europe Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Solvent Based Coatings Market

    16.1. UK Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Solvent Based Coatings Market

    17.1. Germany Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Solvent Based Coatings Market

    18.5. France Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Solvent Based Coatings Market

    19.9. Italy Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Solvent Based Coatings Market

    20.13. Spain Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Solvent Based Coatings Market

    21.1. Eastern Europe Solvent Based Coatings Market Overview

    21.2. Eastern Europe Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Solvent Based Coatings Market

    22.1. Russia Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Solvent Based Coatings Market

    23.1. North America Solvent Based Coatings Market Overview

    23.2. North America Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Solvent Based Coatings Market

    24.1. USA Solvent Based Coatings Market Overview

    24.2. USA Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Solvent Based Coatings Market

    25.1. Canada Solvent Based Coatings Market Overview

    25.2. Canada Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Solvent Based Coatings Market

    26.1. South America Solvent Based Coatings Market Overview

    26.2. South America Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Solvent Based Coatings Market

    27.1. Brazil Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Solvent Based Coatings Market

    28.1. Middle East Solvent Based Coatings Market Overview

    28.2. Middle East Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Solvent Based Coatings Market

    29.1. Africa Solvent Based Coatings Market Overview

    29.2. Africa Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Solvent Based Coatings Market Competitive Landscape And Company Profiles

    30.1. Solvent Based Coatings Market Competitive Landscape

    30.2. Solvent Based Coatings Market Company Profiles

    30.2.1. BASF SE

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Akzo Nobel NV

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. PPG Industries Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Sherwin-Williams Company

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Henkel AG & Co. KGaA

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Solvent Based Coatings Market Competitive Benchmarking

    32. Global Solvent Based Coatings Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Solvent Based Coatings Market

    34. Solvent Based Coatings Market Future Outlook and Potential Analysis

    34.1 Solvent Based Coatings Market In 2028 - Countries Offering Most New Opportunities

    34.2 Solvent Based Coatings Market In 2028 - Segments Offering Most New Opportunities

    34.3 Solvent Based Coatings Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Solvent Based Coatings Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Solvent Based Coatings Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: BASF SE Financial Performance
  • Table 75: Akzo Nobel NV Financial Performance
  • Table 76: PPG Industries Inc. Financial Performance
  • Table 77: Sherwin-Williams Company Financial Performance
  • Table 78: Henkel AG & Co. KGaA Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Solvent Based Coatings Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Solvent Based Coatings Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Solvent Based Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Solvent Based Coatings Market, Segmentation By Appllication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Solvent Based Coatings Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: BASF SE Financial Performance
  • Figure 75: Akzo Nobel NV Financial Performance
  • Figure 76: PPG Industries Inc. Financial Performance
  • Figure 77: Sherwin-Williams Company Financial Performance
  • Figure 78: Henkel AG & Co. KGaA Financial Performance
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Frequently Asked Questions

What is the definition of the solvent based coatings market?

Solvent-based coatings contain organic compounds like solvents and constitute liquefying agents that evaporate through a chemical reaction with oxygen. Solvent-based coatings include high levels of organic compounds than water-based coatings and offer a long durability. For further insights on the solvent based coatings market, request a sample here

How will the solvent based coatings market drivers and restraints affect the solvent based coatings market dynamics? What forces will shape the solvent based coatings industry going forward?

The solvent based coatings market major growth driver - advantages of solvent-based coatings in humid environments. For further insights on the solvent based coatings market, request a sample here

What is the forecast market size or the forecast market value of the solvent based coatings market ?

The solvent based coatings market size has grown strongly in recent years. It will grow from $41.65 billion in 2023 to $45.79 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to industrial applications, architectural coatings, automotive and transportation, corrosion protection. The solvent based coatings market size is expected to see strong growth in the next few years. It will grow to $65.29 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to sustainable formulations, high-performance coatings, wood coatings innovation, oil and gas industry. Major trends in the forecast period include green solvent-based coatings, nano coatings, specialty and customized formulations, digital transformation in coating application. For further insights on the solvent based coatings market, request a sample here

How is the solvent based coatings market segmented?

The solvent based coatings market is segmented
1) By Type: One Component System Solvent Borne Coating; Two Component System Solvent Borne Coating
2) By Application: Automotive Solvent Borne Coatings; Industrial Solvent Borne Coatings; Printing Inks
3) By Industry Vertical: Utilities; Oil & Gas Industry; Manufacturing Industry; Hospitals; Other Industry VerticalsFor further insights on the solvent based coatings market, request a sample here

Which region has the largest share of the solvent based coatings market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the solvent based coatings market in 2023. Western Europe was the second-largest region in the solvent based coatings market report. The regions covered in the solvent based coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. For further insights on the solvent based coatings market, request a sample here.

Who are the major players in the solvent based coatings market?

Major companies operating in the solvent based coatings market include BASF SE, Akzo Nobel NV, PPG Industries Inc., Sherwin-Williams Company, Henkel AG & Co. KGaA, Valspar Corporation, 3M Company, H.B. Fuller Company, Eastman Chemical Company, Arkema SA, Clariant AG, Celanese Corporation, Dow Chemical Company, ExxonMobil Corporation, Ineos Group Limited, Shell plc, Solvay SA, Williams Hayward Protective Coatings Inc., Inver SPA, NEI Corporation, Laviosa Chimica Mineraria SpA, RPM International Inc., Axalta Coating Systems Ltd., Behr Paint Co., Benjamin Moore & Co., Kansai Paint Co. Ltd., Nippon Paint Holding Co. Ltd., Jotun Group, Evonik Industries AG, Huntsman Corporation, Mitsubishi Chemical Group Corporation, NOF Corporation, Saudi Arabia's Basic Industries Corporation, Shin-Etsu Chemical Co. Ltd., Sumitomo Chemical Co. Ltd., Chemours Company, Berger Paints Ltd., Asian Paints Ltd. For further insights on the solvent based coatings market, request a sample here.

What are the key trends in the solvent based coatings market?

Major trend in the solvent based coatings market - advancements in pet technology transforming the solvent based coatings industry. For further insights on the solvent based coatings market, request a sample here.

What are the major opportunities in the solvent based coatings market? What are the strategies for the solvent based coatings market?

For detailed insights on the major opportunities and strategies in the solvent based coatings market, request a sample here.

How does the solvent based coatings market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the solvent based coatings industry?

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What are the key dynamics influencing the solvent based coatings market growth? SWOT analysis of the solvent based coatings market.

For detailed insights on the key dynamics influencing the solvent based coatings market growth and SWOT analysis of the solvent based coatings industry, request a sample here.