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.
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, 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 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.
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.
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).
- 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
Solvent Paint Remover Market Research Report
N-methylpyrrolidone, Orange Oil, Esters, Others
Building Renovation, Vehicle Maintenance, Industrial Repair, Furniture Refinishing, Other
3M Company, Absolute Coatings, Changsha Guterui, Dumond, EZ Strip, Fiberlock Technologies, Henkel, Kimetsan, PPG Industries, Rust-Oleum, United Gilsonite Labs
North America, Europe, APAC, Latin America, MEA
2019 to 2020 (Data from 2010 can be provided as per availability)
Number of Pages
Number of Tables & Figures
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:
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.
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
- EZ Strip
- Fiberlock Technologies
- PPG Industries
- United Gilsonite Labs
Highlights of The Solvent Paint Remover 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:
- Orange Oil
- By Application:
- Building Renovation
- Vehicle Maintenance
- Industrial Repair
- Furniture Refinishing
- 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 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.
- North America
- 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.
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- Correctly Positioning New Products
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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?
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
5.1.1 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
5.2.2 Orange Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
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
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solvent Paint Remover Market Analysis and Forecast by Region
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
7.2.3 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
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.2 North America Market Size Forecast by Country
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
9.6.2 Orange Oil
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
9.11 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
10.2 Europe Market Size Forecast by Country
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
10.6.2 Orange Oil
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
10.11 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
11.2 Asia Pacific Market Size Forecast by Country
11.2.3 South Korea
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
11.6.2 Orange Oil
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
11.11 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
12.2 Latin America Market Size Forecast by Country
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
12.6.2 Orange Oil
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
12.11 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
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
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
13.6.2 Orange Oil
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
13.11 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
14.3.5 EZ Strip
14.3.6 Fiberlock Technologies
14.3.9 PPG Industries
14.3.11 United Gilsonite Labs