Market Overview:
The global paint stripping 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 stripping services from various end-use industries, such as vehicle maintenance, industrial repairs, building renovation, furniture refinishing and others. In terms of type, the caustic type segment is expected to lead the global paint stripping market during the forecast period due to its ability to remove multiple layers of paints quickly and efficiently.
Product Definition:
Removing paint from a surface using a chemical solvent or stripper. The purpose of paint stripping is to remove old layers of paint so that the underlying surface can be seen and repaired as needed.
Caustic Type:
Caustic is a strong alkali compound, which dissolves many metals. It can be produced by several methods, including the Solvay process and the sodium hydroxide process. The production of caustic soda from these processes is mainly done for industrial use; however, a small portion of it is used as an ingredient in paint stripping formulations.
Solvent Type:
Solvent type is a group of chemicals which are used to remove the paint from various surfaces. The most commonly used solvent in the paint stripping industry is acetone. It has high penetrating power and can get into small pores of the woodwork easily, thus removing paints completely.
Application Insights:
The vehicle maintenance segment dominated the global paint stripping market in terms of revenue share in 2017. This is attributed to a high demand for paintstripping solutions from the automotive industry, especially from countries, such as India and China. These regions are home to major automotive OEMs including Ford Motor Company, General Motors Company and Toyota Motors Corporation. Moreover, rising sales of passenger cars have been contributing significantly to regional economies across Europe and Asia Pacific due to increased disposable income levels among consumers coupled with an increase in per capita car ownership rates over the past few years.
Increasing industrial repairs & refurbishment activities across developed economies including U.K., Germany, France as well as U.S.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to rising demand for customized vehicles and increasing investments in the construction industry. Moreover, rising consumer disposable income levels are expected to drive the demand for automotive maintenance products over the forecast period.
Asia Pacific is anticipated to witness significant growth over the coming years owing to rapid industrialization and urbanization resulting in increased infrastructure spending, which will create ample opportunities for paints & coatings manufacturers across countries such as China, India, Japan and South Korea among others. In addition, growing vehicle production coupled with stringent regulations regarding fuel economy of commercial vehicles will augment regional market growth during the forecast period.
Europe also held a substantial share of global revenue in 2017 due to high product penetration rates related to automobile manufacturing facilities located across Germany, U.K.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for paint stripping services
- Rising demand for environmentally friendly paint stripping methods
- Growing popularity of DIY paint stripping projects among homeowners
- Proliferation of online tutorials and how-to guides on paint stripping
- Increased awareness about the health and environmental benefits of using non-toxic paint strippers
Scope Of The Report
Report Attributes
Report Details
Report Title
Paint Stripping Market Research Report
By Type
Caustic Type, Solvent Type, Acidic Type
By Application
Vehicle Maintenance, Industrial Repairs, Building Renovation, Furniture Refinishing, Others
By Companies
Akzo Nobel, PPG, Henkel, 3M, WM Barr, Savogran, Dumond Chemicals, Absolute Coatings, Fiberlock Technologies, Sunnyside, Packaging Service, Motsenbocker, Green Products, 3X Chemistry, Franmar Chemical, United Gilsonite Labs, Formby's, GSP, Certilab, Cirrus, ITW Dymon, Rust-Oleum, EcoProCote, EZ Strip, Sansher
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Paint Stripping Market Report Segments:
The global Paint Stripping market is segmented on the basis of:
Types
Caustic Type, Solvent 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
Vehicle Maintenance, Industrial Repairs, Building Renovation, Furniture Refinishing, Others
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:
- Akzo Nobel
- PPG
- Henkel
- 3M
- WM Barr
- Savogran
- Dumond Chemicals
- Absolute Coatings
- Fiberlock Technologies
- Sunnyside
- Packaging Service
- Motsenbocker
- Green Products
- 3X Chemistry
- Franmar Chemical
- United Gilsonite Labs
- Formby's
- GSP
- Certilab
- Cirrus
- ITW Dymon
- Rust-Oleum
- EcoProCote
- EZ Strip
- Sansher
Highlights of The Paint Stripping 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:
- Caustic Type
- Solvent Type
- Acidic Type
- By Application:
- Vehicle Maintenance
- Industrial Repairs
- Building Renovation
- Furniture Refinishing
- Others
- 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 Stripping 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 stripping is a technique used to remove paint from a surface. It is done by using an acid or alkaline solution to break down the paint film.
Some of the major companies in the paint stripping market are Akzo Nobel, PPG, Henkel, 3M, WM Barr, Savogran, Dumond Chemicals, Absolute Coatings, Fiberlock Technologies, Sunnyside, Packaging Service, Motsenbocker, Green Products, 3X Chemistry, Franmar Chemical, United Gilsonite Labs, Formby's, GSP, Certilab, Cirrus, ITW Dymon, Rust-Oleum, EcoProCote, EZ Strip, Sansher.
The paint stripping 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 Stripping 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 Stripping Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Paint Stripping 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 Stripping 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 Stripping Market Size & Forecast, 2020-2028
4.5.1 Paint Stripping Market Size and Y-o-Y Growth
4.5.2 Paint Stripping 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 Caustic Type
5.2.2 Solvent 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 Vehicle Maintenance
6.2.2 Industrial Repairs
6.2.3 Building Renovation
6.2.4 Furniture Refinishing
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Paint Stripping 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 Stripping 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 Caustic Type
9.6.2 Solvent 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 Vehicle Maintenance
9.10.2 Industrial Repairs
9.10.3 Building Renovation
9.10.4 Furniture Refinishing
9.10.5 Others
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 Caustic Type
10.6.2 Solvent 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 Vehicle Maintenance
10.10.2 Industrial Repairs
10.10.3 Building Renovation
10.10.4 Furniture Refinishing
10.10.5 Others
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 Caustic Type
11.6.2 Solvent 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 Vehicle Maintenance
11.10.2 Industrial Repairs
11.10.3 Building Renovation
11.10.4 Furniture Refinishing
11.10.5 Others
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 Caustic Type
12.6.2 Solvent 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 Vehicle Maintenance
12.10.2 Industrial Repairs
12.10.3 Building Renovation
12.10.4 Furniture Refinishing
12.10.5 Others
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 Caustic Type
13.6.2 Solvent 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 Vehicle Maintenance
13.10.2 Industrial Repairs
13.10.3 Building Renovation
13.10.4 Furniture Refinishing
13.10.5 Others
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 Stripping Market: Competitive Dashboard
14.2 Global Paint Stripping Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Akzo Nobel
14.3.2 PPG
14.3.3 Henkel
14.3.4 3M
14.3.5 WM Barr
14.3.6 Savogran
14.3.7 Dumond Chemicals
14.3.8 Absolute Coatings
14.3.9 Fiberlock Technologies
14.3.10 Sunnyside
14.3.11 Packaging Service
14.3.12 Motsenbocker
14.3.13 Green Products
14.3.14 3X Chemistry
14.3.15 Franmar Chemical
14.3.16 United Gilsonite Labs
14.3.17 Formby's
14.3.18 GSP
14.3.19 Certilab
14.3.20 Cirrus
14.3.21 ITW Dymon
14.3.22 Rust-Oleum
14.3.23 EcoProCote
14.3.24 EZ Strip
14.3.25 Sansher
