Solvent Based Coatings Global Market Report 2023 – Solvent Based Coatings Global Market Report 2023 – 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 and Gas Industry, Manufacturing Industry, Hospitals, Other Industry Verticals) – Market Size, Trends, And Market Forecast 2023-2032 ...(expand)

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

The solvent based coatings market growth is aided by the nature of quick-dry in solvent-based coatings benefits their application in humid environments. However, some solvent based coatings market restraints include the emission of VOCs into the atmosphere from solvent-based coatings. For further insights on the solvent based coatings market, request a sample here

The solvent based coatings market is expected to reach $58.73 billion in 2027 at a rate of 8.9%. For further insights on the solvent based coatings market, request a sample here

The global solvent based coatings market is segmented as
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
For further insights on the solvent based coatings market, request a sample here

Asia-Pacific was the largest region in the solvent based coatings market in 2022. For detailed insights on the largest region's market size and growth rate, request a sample here.

Key competitors in the solvent based coatings market are, BASF, AkzoNobel, PPG, Sherwin-Williams, Henkel, Valspar, 3M, HB Fuller, Eastman Chemical Company, Arkema SA, Clariant AG, Celanese Corporation, The Dow Chemical Company, Exxon Mobil, INEOS, LyondellBasell Industries Holdings B.V., Royal Dutch Shell, Solvay, Williams Hayward Protective Coatings Inc., Inver S.P.A., NEI Corporation, Laviosa Chimica Mineraria SpA, Croda International, TOLSA Group. For further insights on the solvent based coatings market, request a sample here.

Major trends influencing the solvent based coatings market include increasing adoption of PET technology 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. For further insights on the solvent based coatings market, request a sample here.

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

For detailed insights on solvent based coatings market's relation to the overall economy and other similar markets, request a sample here.

For detailed insights on the mergers and acquisitions in the solvent based coatings industry, request a sample here.

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.