Harnessing Opportunities: Exploring the Solvent-Borne Coatings Market's Rapid Growth and Projected CAGR of 7.9% during the Forecast Period of 2021 to 2028

This report has market research analysis and insights which helps make out the response of consumers to an already existing product in the market and identifies the causes for failure of particular product already in the market. The Solvent-Borne Coatings market report has potential to uncover the general market conditions and tendencies. With this report, prospective market for a new product to be launched in the market can be estimated easily. This Solvent-Borne Coatings market research report is a resource which provides current as well as upcoming technical and financial details of the industry for the forecast period. The report also measures or analyses the strength and weak points of the competitors.

The solvent-borne coatings market is expected to witness market growth at a rate of 7.9% in the forecast period of 2021 to 2028. Data Bridge Market Research report on solvent-borne coatings market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the construction spending and restoration activities in emerging economies is escalating the growth of solvent-borne coatings market.

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Market Overview:

Major factors that are expected to boost the growth of the solvent-borne coatings market in the forecast period are the suitable characteristics of the product. Furthermore, the rise in the need from end-use industries like infrastructure, automotive, and general industrial is further anticipated to propel the growth of the solvent-borne coatings market. Also, the decrease in the vulnerability of solvent- borne coating to the environmental conditions is further estimated to cushion the growth of the solvent-borne coatings market. On the other hand, the solvent borne coating exhibit volatile organic compounds (VOCs) which are harmful for the environment which in turn is further projected to impede the growth of the solvent-borne coatings market in the timeline period.

In addition, the utilization of the multipurpose additives to improve the efficiency of the solvent borne coatings will further provide potential opportunities for the growth of the solvent-borne coatings market in the coming years. However, the stringent government regulations and rules might further challenge the growth of the solvent-borne coatings market in the near future.

The major players covered in the solvent-borne coatings market report are BASF -

• SE,
• Williams-Hayward Protective,
• INDUSTRIA CHIMICA ADRIATICA SpA,
• NEI Corporation.,
• Laviosa Mineral Solutions SpA,
• BYK Additives & Instruments,
• Croda International Plc,
• TOLSA GROUP,
• DSM,
• Covestro AG,
• Jamestown Coating Technologies,
• Dow,
• VALPAC, Inc.,
• Glass Paint Technology,
• Endura Manufacturing Company Ltd.,
• ALLNEX GMBH,
• Prestige Coating Limited.,
• Excalibur Paint,
• Ellis Paint Company,
• PRABHAT PAINT INDUSTRIES.,

The Lubrizol Corporation, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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