Market Overview:
The global paint and coating stripper market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for paint and coating strippers from various end-use industries, such as building renovation, vehicle maintenance, industrial repair, furniture refinishing, and others. In terms of type, the solvent type segment is expected to lead the global paint and coating stripper market during the forecast period. This can be attributed to its easy availability and low cost as compared to other types of paint and coating strippers.
Product Definition:
Paint and coating stripper is a liquid chemical used to remove paint, varnish, lacquer, and other coatings from surfaces. It is usually an acidic or caustic solvent that can be applied with a brush, rag, or sprayer.
Solvent Type:
Solvent type is a category of chemicals used to dissolve the paint from surfaces. There are two major categories of solvent types, water-based and non-water based. Water-based solvent types are widely used in the market owing to their properties such as it's miscibility with water, low toxicity level and flammability along with other advantages associated with it.
Caustic Type:
Caustic is a strong alkali compound, which dissolves in water and reacts with various materials. It can cause burns and severe eye damage if it gets into the eyes or onto skin. Caustic soda is used as an ingredient for manufacturing aluminum; it also helps to remove paint from metal surfaces during the production of automotive parts or woodworking tools. The chemical formula of caustic soda is (sodium hydroxide)NaOH, commonly known as lye.
Application Insights:
Building renovation was the largest application segment in terms of volume and revenue in 2017. The rising trend of renovation activities across the globe is expected to boost demand for paint and coating stripper over the forecast period. Increasing consumer disposable income levels coupled with a rise in building refurbishment projects are anticipated to drive demand for paint and coatings stripper, thereby supporting market growth over the coming years.
The vehicle maintenance segment is estimated to witness significant growth during the forecast period on account of increasing automobile production globally as a result of growing middle-class population along with high purchasing power parity (PPP) countries such as India China Indonesia Russia Saudi Arabia UAE South Africa Chile Argentina Brazil Colombia Mexico Australia New Zealand China Japan Germany U.K France Italy Spain Russia U.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to rising demand for paint and coat stripping solutions from end-users, including automotive service centers, collision repair shops, body shops, and dent removal specialists. Moreover, increasing use of solvent-based products is anticipated to drive the demand further.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising number of construction activities in developing countries such as India and China. In addition, growing automobile production in these economies will boost product consumption across various applications such as refinishing furniture or vehicle exterior panels/body parts after they are repaired/refinished using paints & coatings with different properties (e.g., colorfastness).
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of environmentally friendly products
- Rising awareness about the health hazards associated with traditional paint strippers
- Technological advancements in paint stripping technologies
- Growing demand for customized paint stripping solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Paint and Coating Stripper Market Research Report
By Type
Solvent Type, Caustic Type, Acidic Type
By Application
Building Renovation, Vehicle Maintenance, Industrial Repair, Furniture Refinishing, Other
By Companies
3M Company, Absolute Coatings, Changsha Guterui, Dumond, EZ Strip, Fiberlock Technologies, Henkel, Kimetsan, PPG Industries, Rust-Oleum, United Gilsonite Labs
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Paint and Coating Stripper Market Report Segments:
The global Paint and Coating Stripper market is segmented on the basis of:
Types
Solvent Type, Caustic Type, Acidic Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building Renovation, Vehicle Maintenance, Industrial Repair, Furniture Refinishing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M Company
- Absolute Coatings
- Changsha Guterui
- Dumond
- EZ Strip
- Fiberlock Technologies
- Henkel
- Kimetsan
- PPG Industries
- Rust-Oleum
- United Gilsonite Labs
Highlights of The Paint and Coating Stripper Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solvent Type
- Caustic Type
- Acidic Type
- By Application:
- Building Renovation
- Vehicle Maintenance
- Industrial Repair
- Furniture Refinishing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Paint and Coating Stripper Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Paint and Coating Stripper is a solvent-based stripper that is used to strip paint, varnish, and other coatings from wood, metal, plastic, and other surfaces.
Some of the key players operating in the paint and coating stripper market are 3M Company, Absolute Coatings, Changsha Guterui, Dumond, EZ Strip, Fiberlock Technologies, Henkel, Kimetsan, PPG Industries, Rust-Oleum, United Gilsonite Labs.
The paint and coating stripper market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Paint and Coating Stripper Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Paint and Coating Stripper Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Paint and Coating Stripper Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Paint and Coating Stripper Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Paint and Coating Stripper Market Size & Forecast, 2020-2028
4.5.1 Paint and Coating Stripper Market Size and Y-o-Y Growth
4.5.2 Paint and Coating Stripper Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Solvent Type
5.2.2 Caustic Type
5.2.3 Acidic Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Building Renovation
6.2.2 Vehicle Maintenance
6.2.3 Industrial Repair
6.2.4 Furniture Refinishing
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Paint and Coating Stripper Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Paint and Coating Stripper Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Solvent Type
9.6.2 Caustic Type
9.6.3 Acidic Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Building Renovation
9.10.2 Vehicle Maintenance
9.10.3 Industrial Repair
9.10.4 Furniture Refinishing
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Solvent Type
10.6.2 Caustic Type
10.6.3 Acidic Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Building Renovation
10.10.2 Vehicle Maintenance
10.10.3 Industrial Repair
10.10.4 Furniture Refinishing
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Solvent Type
11.6.2 Caustic Type
11.6.3 Acidic Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Building Renovation
11.10.2 Vehicle Maintenance
11.10.3 Industrial Repair
11.10.4 Furniture Refinishing
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Solvent Type
12.6.2 Caustic Type
12.6.3 Acidic Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Building Renovation
12.10.2 Vehicle Maintenance
12.10.3 Industrial Repair
12.10.4 Furniture Refinishing
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Solvent Type
13.6.2 Caustic Type
13.6.3 Acidic Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Building Renovation
13.10.2 Vehicle Maintenance
13.10.3 Industrial Repair
13.10.4 Furniture Refinishing
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Paint and Coating Stripper Market: Competitive Dashboard
14.2 Global Paint and Coating Stripper Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M Company
14.3.2 Absolute Coatings
14.3.3 Changsha Guterui
14.3.4 Dumond
14.3.5 EZ Strip
14.3.6 Fiberlock Technologies
14.3.7 Henkel
14.3.8 Kimetsan
14.3.9 PPG Industries
14.3.10 Rust-Oleum
14.3.11 United Gilsonite Labs
