Solvent Based Coatings Market Top Companies Analysis by Size, Market Share, Current Trends, Growth, Opportunity and Industry Overview Report, 2021-2030 | Covid-19 Impact Analysis
The solvent based coatings market report describes and explains the global solvent based coatings market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The solvent based coatings market consists of sales of solvent based coatings. Solvent based coatings contain organic compounds as solvents and constitute liquefying agents that evaporate through a chemical reaction with oxygen.
The global solvent based coatings market is expected to grow from $21.06 billion in 2020 to $22.7 billion in 2021 at a compound annual growth rate (CAGR) of 7.8%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $26.27 billion in 2025 at a CAGR of 4%.
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Some of the major players of 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.
The countries covered in the global solvent based coatings market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global solvent based coatings market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global 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
Read More On The Global Solvent Based Coatings Market Report:
Few Points From Table Of Content
1. Executive Summary
2. Solvent Based Coatings Market Characteristics
3. Solvent Based Coatings Market Trends And Strategies
4. Impact Of COVID-19 On Solvent Based Coatings
5. Solvent Based Coatings Market Size And Growth
26. Africa Solvent Based Coatings Market
27. Solvent Based Coatings Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Solvent Based Coatings Market
29. Solvent Based Coatings Market Future Outlook and Potential Analysis
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