Global Solvent Based Coatings Market, by Product Type (One Component System, Two Component System),

Published Date: | Report Code : CH195005

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The Solvent-Based Coatings Market is expected to promise high growth owing to the increasing awareness and cost-effective results in recent years. Increasing demand from End-Use Industries including automotive, industrial, printing and others are expected to drive the growth of the market. 

Solvent-based coatings are protective coatings, which are made up of a liquefying agent that helps the surface from damage on which they are applied. These agents react with the moisture-containing air present around the surface and thus apply their curing property, exhibiting more toughness and protect the surface from corrosion and other damages. The effective action and better thickness of water-based coatings make them suitable for major industrial applications such as automotive, industrial, printing and others.

Segment Insights:

The effective action and better thickness of water-based coatings make them suitable for major industrial applications such as automotive, industrial, printing and others. Better properties and increasing awareness of the benefits in comparison to the water-based coatings are the key drivers for the growth of the global solvent-based coatings market. Increasing industrial growth especially among emerging regions along with the cost-effective results of these coatings are also boosting the market growth.

Some of the key Impact Factors:

  • The growth of printing and automobile industries
  • Better properties in comparison to water based coatings
  • Cost effective results and increasing awareness

Regional Analysis:

On the basis of the region, the solvent-based coatings market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe being some of the major markets are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe. This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

The Asia Pacific and the Middle East are expected to register substantial growth in solvent-based coatings market during the forecast period. This demand is with regard to the growth of major end-use industries such as automotive, industrial, printing and others. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and So on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region. Rest the World that includes South America and Africa has a strong potential for solvent-based coatings market. There has been increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for solvent-based coatings market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: BASF SE, Williams Hayward Protective Coatings Inc., Inver S.P.A., NEI Corporation, Laviosa Chimica Mineraria SpA, Axalta Coating Systems, Croda International, TOLSA Group…

Market Segmentation:

By Product Type:

  • One Component System
  • Two Component System

By End-Use Industry:

  • Automobile
  • Industrial
  • Printing
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Product Type
    • By End-Use Industry
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Europe)
    • By Product Type
    • By End-Use Industry
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Product Type
    • By End-Use Industry
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Product Type
    • By End-Use Industry
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Product Type
    • By End-Use Industry
  • Rest of the World
    • By Region (South America, Africa)
    • By Product Type
    • By End-Use Industry

Reasons to buy this report:

  • Market size estimation of Global Solvent Based Coatings Market on a regional and global basis
  • The unique research design for market size estimation and forecasts
  • Profiling of the major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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We provide customization of the study to meet the specific requirements:

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