Market Overview:
The global stripping paint market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for labels, tapes, hygiene products, and industrial products. In addition, the growing demand for medical and food & bakery products is also contributing to the growth of the market. The silicone segment is expected to grow at a higher CAGR than the non-silicone segment during the forecast period. North America dominates the global stripping paint market and is expected to maintain its dominance duringthe forecast period owingto high demand from end-use industries such as automotive and aerospace.
Product Definition:
Removing the paint from a surface, typically by scraping or using a chemical stripper.
Silicone:
Silicone is a chemical, the main ingredient in silicone stripping paint is silica which has three Si's and one O atom. It has similar properties to oils but when it comes in contact with water it changes into solid form that remains on the surface until you decide to wash it off.
It can be used for removing paint from any material, wood, metal or concrete are some of the common materials that use this product as their base coat.
Non-Silicone:
Non-silicone is a type of coating agent that is used in the manufacturing of paints and coatings. It has a high flash point, which makes it less volatile during processing and storage.
Application Insights:
Labels was the largest application segment in the global market, accounting for over 40% of the total revenue share in 2017. Labels are used to identify different products and their respective brands. Increasing demand for labels from various industries including food & bakery, personal care, pharmaceuticals is expected to have a positive impact on market growth over the forecast period.
Tapes emerged as another prominent segment with a revenue share of 29% in 2017. Stripping paints are applied on tapes before they are wound onto rolls so that they do not get detached while wrapping or packaging products during transportation and storage operations respectively. Growing demand for such strips along with increasing supply chain activities is anticipated to fuel product demand over the next eight years. Hygiene also accounted as another significant segment owing to its rising use across healthcare facilities and industrial applications where cleanliness matters most like laboratories etcetera (sic).
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 35.0% in 2017. The growth is attributed to rising demand for lab-stripped products from various end-use industries such as packaging, automotive, and labeling coupled with stringent regulations regarding VOC emissions by the Environmental Protection Agency (EPA) in the U.S., which has led to an increase in product demand across this region.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing industrialization and consumer disposable income levels that have resulted into increased spending on household goods including paints & coatings among other construction materials such as wood, cement, glass fiber reinforced plastics etc., thereby driving product consumption trends across this region.
Growth Factors:
- Increasing demand from the automotive and construction industries for stripping paint is expected to drive the market growth.
- Rising awareness about environment-friendly and non-toxic paints is projected to fuel the demand for stripping paint in the near future.
- Growing popularity of DIY (Do It Yourself) projects is anticipated to boost the market growth in coming years.
- Rapid industrialization and urbanization are likely to create new opportunities for Stripping Paint market in developing countries over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Stripping Paint Market Research Report
By Type
Silicone, Non-Silicone
By Application
Labels, Tapes, Hygiene, Industrial, Medical, Food & Bakery
By Companies
DOW CORNING CORPORATION, WACKER CHEMIE AG, MOMENTIVE PERFORMANCE MATERIALS INC, EVONIK INDUSTRIES AG, SHIN-ETSU CHEMICAL COMPANY LIMITED, OMNOVA SOLUTIONS INC., MAYZO INC., RAYVEN INC., PRODUCT RELEASE EUROPE LIMITED, HITAC ADHESIVES AND COATINGS INC, DOW CORNING CORPORATION
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Stripping Paint Market Report Segments:
The global Stripping Paint market is segmented on the basis of:
Types
Silicone, Non-Silicone
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
Labels, Tapes, Hygiene, Industrial, Medical, Food & Bakery
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:
- DOW CORNING CORPORATION
- WACKER CHEMIE AG
- MOMENTIVE PERFORMANCE MATERIALS INC
- EVONIK INDUSTRIES AG
- SHIN-ETSU CHEMICAL COMPANY LIMITED
- OMNOVA SOLUTIONS INC.
- MAYZO INC.
- RAYVEN INC.
- PRODUCT RELEASE EUROPE LIMITED
- HITAC ADHESIVES AND COATINGS INC
- DOW CORNING CORPORATION
Highlights of The Stripping Paint 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:
- Silicone
- Non-Silicone
- By Application:
- Labels
- Tapes
- Hygiene
- Industrial
- Medical
- Food & Bakery
- 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 Stripping Paint 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
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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?
Stripping paint is a process of removing the top coat of paint from a surface. This can be done with various chemicals or by sanding.
Some of the major companies in the stripping paint market are DOW CORNING CORPORATION, WACKER CHEMIE AG, MOMENTIVE PERFORMANCE MATERIALS INC, EVONIK INDUSTRIES AG, SHIN-ETSU CHEMICAL COMPANY LIMITED, OMNOVA SOLUTIONS INC., MAYZO INC., RAYVEN INC., PRODUCT RELEASE EUROPE LIMITED, HITAC ADHESIVES AND COATINGS INC, DOW CORNING CORPORATION.
The stripping paint market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stripping Paint 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 Stripping Paint Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stripping Paint 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 Stripping Paint 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 Stripping Paint Market Size & Forecast, 2018-2028
4.5.1 Stripping Paint Market Size and Y-o-Y Growth
4.5.2 Stripping Paint Market Absolute $ Opportunity
Chapter 5 Global Stripping Paint 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 Stripping Paint Market Size Forecast by Type
5.2.1 Silicone
5.2.2 Non-Silicone
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Stripping Paint 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 Stripping Paint Market Size Forecast by Applications
6.2.1 Labels
6.2.2 Tapes
6.2.3 Hygiene
6.2.4 Industrial
6.2.5 Medical
6.2.6 Food & Bakery
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stripping Paint 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 Stripping Paint 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 Stripping Paint Analysis and Forecast
9.1 Introduction
9.2 North America Stripping Paint 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 Stripping Paint Market Size Forecast by Type
9.6.1 Silicone
9.6.2 Non-Silicone
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 Stripping Paint Market Size Forecast by Applications
9.10.1 Labels
9.10.2 Tapes
9.10.3 Hygiene
9.10.4 Industrial
9.10.5 Medical
9.10.6 Food & Bakery
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 Stripping Paint Analysis and Forecast
10.1 Introduction
10.2 Europe Stripping Paint 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 Stripping Paint Market Size Forecast by Type
10.6.1 Silicone
10.6.2 Non-Silicone
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 Stripping Paint Market Size Forecast by Applications
10.10.1 Labels
10.10.2 Tapes
10.10.3 Hygiene
10.10.4 Industrial
10.10.5 Medical
10.10.6 Food & Bakery
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 Stripping Paint Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Stripping Paint 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 Stripping Paint Market Size Forecast by Type
11.6.1 Silicone
11.6.2 Non-Silicone
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 Stripping Paint Market Size Forecast by Applications
11.10.1 Labels
11.10.2 Tapes
11.10.3 Hygiene
11.10.4 Industrial
11.10.5 Medical
11.10.6 Food & Bakery
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 Stripping Paint Analysis and Forecast
12.1 Introduction
12.2 Latin America Stripping Paint 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 Stripping Paint Market Size Forecast by Type
12.6.1 Silicone
12.6.2 Non-Silicone
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 Stripping Paint Market Size Forecast by Applications
12.10.1 Labels
12.10.2 Tapes
12.10.3 Hygiene
12.10.4 Industrial
12.10.5 Medical
12.10.6 Food & Bakery
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) Stripping Paint Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Stripping Paint 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) Stripping Paint Market Size Forecast by Type
13.6.1 Silicone
13.6.2 Non-Silicone
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) Stripping Paint Market Size Forecast by Applications
13.10.1 Labels
13.10.2 Tapes
13.10.3 Hygiene
13.10.4 Industrial
13.10.5 Medical
13.10.6 Food & Bakery
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 Stripping Paint Market: Competitive Dashboard
14.2 Global Stripping Paint Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DOW CORNING CORPORATION
14.3.2 WACKER CHEMIE AG
14.3.3 MOMENTIVE PERFORMANCE MATERIALS INC
14.3.4 EVONIK INDUSTRIES AG
14.3.5 SHIN-ETSU CHEMICAL COMPANY LIMITED
14.3.6 OMNOVA SOLUTIONS INC.
14.3.7 MAYZO INC.
14.3.8 RAYVEN INC.
14.3.9 PRODUCT RELEASE EUROPE LIMITED
14.3.10 HITAC ADHESIVES AND COATINGS INC
14.3.11 DOW CORNING CORPORATION
