Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Solvent Paint Remover Market by Type (N-methylpyrrolidone, Orange Oil, Esters, Others), By Application (Building Renovation, Vehicle Maintenance, Industrial Repair, Furniture Refinishing, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Solvent Paint Remover Market by Type (N-methylpyrrolidone, Orange Oil, Esters, Others), By Application (Building Renovation, Vehicle Maintenance, Industrial Repair, Furniture Refinishing, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 333468 4200 Chemical & Material 377 214 Pages 4.8 (44)
                                          

Market Overview:


The global solvent paint remover market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for solvent paint removers from various end-use industries, such as building renovation, vehicle maintenance, industrial repair, furniture refinishing and others. In terms of type, N-methylpyrrolidone is expected to be the fastest growing segment during the forecast period. This can be attributed to its properties such as non-toxicity and biodegradability which make it an environmentally friendly option for users.


Global Solvent Paint Remover Industry Outlook


Product Definition:


A solvent paint remover is a liquid used to dissolve the paint from a surface. It is often applied with a brush or spray and left to work for a period of time before being wiped away. Solvent paint removers are important because they allow for easy removal of old paint without damaging the underlying surface.


N-methylpyrrolidone:


N-methylpyrrolidone, also known as PMP or NMP is a colorless and highly water-soluble organic liquid. It is closely related to pyrrolidone group and has similar properties. PMP is used in solvent paints removers for its excellent ability to dissolve adhesives, oils, fats & waxes as well as remove dried paint from surfaces.


Orange Oil:


Orange oil is a solvent extracted from the orange peels. It has antiseptic, antioxidant and skin conditioning properties. Orange oil contains d-limonene which helps to remove paint residues & pollutants from the air and surfaces easily.


It also acts as an effective anti-bacterial agent that protects surfaces against bacteria, germs and mildew formation.


Application Insights:


Building renovation was the largest application segment in terms of revenue share in 2017. The rising number of renovation activities across the globe is anticipated to augment market growth over the forecast period. Increasing consumer disposable income, coupled with easy access to credit, has resulted in a surge in residential and commercial building refurbishment projects across countries such as India, China and Australia. This trend is projected to continue over next few years thus driving demand for solvent paint removers globally.


Vehicle maintenance was another prominent segment accounting for 9% share of global revenue in 2017 due to increasing vehicle production rates worldwide coupled with high usage rate of vehicles per household particularly in developed regions like North America and Europe.


Regional Analysis:


Asia Pacific is expected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and urbanization in countries, such as China, India, Indonesia, Vietnam and Thailand. In addition, rising disposable income levels are anticipated to fuel the product demand over the forecast period.


The Asia Pacific was followed by Europe with a market share of 32.7%. The growth can be attributed primarily to Germany which accounted for more than 25% of total German solvents industry in 2016 and is also one of Europe's largest methylated spirit manufacturers (GMS).


Growth Factors:


  • Increasing demand from the automotive and aerospace industries for solvent paint removers
  • Growing popularity of water-based coatings, which are easier to remove with solvent paint removers
  • Rising demand from the construction industry for graffiti removal and other surface preparation applications
  • Technological advancements that have led to the development of more effective and safer solvent paint removers
  • The increasing use of environmentally friendly solvents in place of traditional solvents, which is helping to reduce emissions

Scope Of The Report

Report Attributes

Report Details

Report Title

Solvent Paint Remover Market Research Report

By Type

N-methylpyrrolidone, Orange Oil, Esters, Others

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

214

Number of Tables & Figures

150

Customization Available

Yes, the report can be customized as per your need.


Global Solvent Paint Remover Market Report Segments:

The global Solvent Paint Remover market is segmented on the basis of:

Types

N-methylpyrrolidone, Orange Oil, Esters, Others

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:

  1. 3M Company
  2. Absolute Coatings
  3. Changsha Guterui
  4. Dumond
  5. EZ Strip
  6. Fiberlock Technologies
  7. Henkel
  8. Kimetsan
  9. PPG Industries
  10. Rust-Oleum
  11. United Gilsonite Labs

Global Solvent Paint Remover Market Overview


Highlights of The Solvent Paint Remover Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. N-methylpyrrolidone
    2. Orange Oil
    3. Esters
    4. Others
  1. By Application:

    1. Building Renovation
    2. Vehicle Maintenance
    3. Industrial Repair
    4. Furniture Refinishing
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Solvent Paint Remover 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
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  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Solvent Paint Remover Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Solvent paint remover is a type of cleaner that is used to remove paint from surfaces. It typically contains a solvent, such as acetone or methyl ethyl ketone, and a surfactant.

Some of the major players in the solvent paint remover market are 3M Company, Absolute Coatings, Changsha Guterui, Dumond, EZ Strip, Fiberlock Technologies, Henkel, Kimetsan, PPG Industries, Rust-Oleum, United Gilsonite Labs.

The solvent paint remover 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 Solvent Paint Remover 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 Solvent Paint Remover Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Solvent Paint Remover 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 Solvent Paint Remover 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 Solvent Paint Remover Market Size & Forecast, 2020-2028       4.5.1 Solvent Paint Remover Market Size and Y-o-Y Growth       4.5.2 Solvent Paint Remover 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 N-methylpyrrolidone
      5.2.2 Orange Oil
      5.2.3 Esters
      5.2.4 Others
   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 Solvent Paint Remover 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 Solvent Paint Remover 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 N-methylpyrrolidone
      9.6.2 Orange Oil
      9.6.3 Esters
      9.6.4 Others
   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 N-methylpyrrolidone
      10.6.2 Orange Oil
      10.6.3 Esters
      10.6.4 Others
   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 N-methylpyrrolidone
      11.6.2 Orange Oil
      11.6.3 Esters
      11.6.4 Others
   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 N-methylpyrrolidone
      12.6.2 Orange Oil
      12.6.3 Esters
      12.6.4 Others
   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 N-methylpyrrolidone
      13.6.2 Orange Oil
      13.6.3 Esters
      13.6.4 Others
   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 Solvent Paint Remover Market: Competitive Dashboard
   14.2 Global Solvent Paint Remover 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

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