The global solventborne refinish paint market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The growth of this market is driven by the increasing demand for passenger cars and LCVs in emerging economies such as India and China, which are expected to drive the demand for solventborne refinish paints in these regions. In addition, the growing preference for low-emission vehicles is also driving the demand for solventborne refinish paints in Europe and North America.
The clearcoat segment accounted for over 50% of the total revenue share in 2017 owing to its high usage rate across various applications such as passenger cars, LCVs, trucks and buses. Clearcoat has been used extensively due to its ability to provide a glossy finish with good durability properties that can be achieved without using any solvents or thinners during application process.
- Increasing demand for automotive paints and coatings in emerging economies such as China and India is one of the major factors driving the growth of the global solventborne refinish paint market over the forecast period (2017-2022).
- Increasing use of water-based paints in various industries such as construction, furniture manufacturing, marine industry, etc, has led to an increase in demand for water-based solvents which are used as thinners or diluents for water-based paints; this has also contributed towards driving growth of this market over the forecast period (2017-2022) 4) Increasing use of water based paints in various industries such as construction, furniture manufacturing, marine industry etc, has led to an increase in demand for water based solvents which are used as thinners or diluents for water based paints; this has also contributed towards driving growth of this market over forecast period (2017 - 2022).
Industry Growth Insights published a new data on “Solventborne Refinish Paint Market”. The research report is titled “Solventborne Refinish Paint Market research by Types (Clearcoat, Basecoat, Primer, Sealer), By Applications (Passenger Car, LCV, Truck, Bus), By Players/Companies Axalta (US), PPG Industries (US), BASF (Germany), Sherwin-Williams (US), Kansai Paint (Japan), Nippon Paint (Japan), KCC Corporation (Korea), AkzoNobel (Netherlands)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solventborne Refinish Paint Market Research Report
By Type
Clearcoat, Basecoat, Primer, Sealer
By Application
Passenger Car, LCV, Truck, Bus
By Companies
Axalta (US), PPG Industries (US), BASF (Germany), Sherwin-Williams (US), Kansai Paint (Japan), Nippon Paint (Japan), KCC Corporation (Korea), AkzoNobel (Netherlands)
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Solventborne Refinish Paint Market Report Segments:
The global Solventborne Refinish Paint market is segmented on the basis of:
Types
Clearcoat, Basecoat, Primer, Sealer
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
Passenger Car, LCV, Truck, Bus
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:
- Axalta (US)
- PPG Industries (US)
- BASF (Germany)
- Sherwin-Williams (US)
- Kansai Paint (Japan)
- Nippon Paint (Japan)
- KCC Corporation (Korea)
- AkzoNobel (Netherlands)
Highlights of The Solventborne Refinish 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:
- Clearcoat
- Basecoat
- Primer
- Sealer
- By Application:
- Passenger Car
- LCV
- Truck
- Bus
- 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 Solventborne Refinish 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.
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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?
Solventborne refinish paint is a type of paint that uses solvents to dissolve the topcoat on the surface of the painted object. This leaves behind a new layer of paint that is more durable and resistant to chipping, peeling, and fading.
Some of the major companies in the solventborne refinish paint market are Axalta (US), PPG Industries (US), BASF (Germany), Sherwin-Williams (US), Kansai Paint (Japan), Nippon Paint (Japan), KCC Corporation (Korea), AkzoNobel (Netherlands).
The solventborne refinish paint market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solventborne Refinish Paint Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Solventborne Refinish Paint Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solventborne Refinish Paint Market - Supply Chain
4.5. Global Solventborne Refinish Paint Market Forecast
4.5.1. Solventborne Refinish Paint Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solventborne Refinish Paint Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solventborne Refinish Paint Market Absolute $ Opportunity
5. Global Solventborne Refinish Paint Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Solventborne Refinish Paint Market Size and Volume Forecast by Type
5.3.1. Clearcoat
5.3.2. Basecoat
5.3.3. Primer
5.3.4. Sealer
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solventborne Refinish Paint Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Solventborne Refinish Paint Market Size and Volume Forecast by Application
6.3.1. Passenger Car
6.3.2. LCV
6.3.3. Truck
6.3.4. Bus
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solventborne Refinish Paint Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Solventborne Refinish Paint Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Solventborne Refinish Paint Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Solventborne Refinish Paint Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Solventborne Refinish Paint Demand Share Forecast, 2019-2026
9. North America Solventborne Refinish Paint Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Solventborne Refinish Paint Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Solventborne Refinish Paint Market Size and Volume Forecast by Application
9.4.1. Passenger Car
9.4.2. LCV
9.4.3. Truck
9.4.4. Bus
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solventborne Refinish Paint Market Size and Volume Forecast by Type
9.7.1. Clearcoat
9.7.2. Basecoat
9.7.3. Primer
9.7.4. Sealer
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Solventborne Refinish Paint Demand Share Forecast, 2019-2026
10. Latin America Solventborne Refinish Paint Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Solventborne Refinish Paint Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Solventborne Refinish Paint Market Size and Volume Forecast by Application
10.4.1. Passenger Car
10.4.2. LCV
10.4.3. Truck
10.4.4. Bus
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solventborne Refinish Paint Market Size and Volume Forecast by Type
10.7.1. Clearcoat
10.7.2. Basecoat
10.7.3. Primer
10.7.4. Sealer
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Solventborne Refinish Paint Demand Share Forecast, 2019-2026
11. Europe Solventborne Refinish Paint Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Solventborne Refinish Paint Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Solventborne Refinish Paint Market Size and Volume Forecast by Application
11.4.1. Passenger Car
11.4.2. LCV
11.4.3. Truck
11.4.4. Bus
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solventborne Refinish Paint Market Size and Volume Forecast by Type
11.7.1. Clearcoat
11.7.2. Basecoat
11.7.3. Primer
11.7.4. Sealer
11.8. Basis Point Share (BPS) Analyss by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Solventborne Refinish Paint Demand Share, 2019-2026
12. Asia Pacific Solventborne Refinish Paint Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Solventborne Refinish Paint Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Solventborne Refinish Paint Market Size and Volume Forecast by Application
12.4.1. Passenger Car
12.4.2. LCV
12.4.3. Truck
12.4.4. Bus
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solventborne Refinish Paint Market Size and Volume Forecast by Type
12.7.1. Clearcoat
12.7.2. Basecoat
12.7.3. Primer
12.7.4. Sealer
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Solventborne Refinish Paint Demand Share, 2019-2026
13. Middle East & Africa Solventborne Refinish Paint Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Solventborne Refinish Paint Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Solventborne Refinish Paint Market Size and Volume Forecast by Application
13.4.1. Passenger Car
13.4.2. LCV
13.4.3. Truck
13.4.4. Bus
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solventborne Refinish Paint Market Size and Volume Forecast by Type
13.7.1. Clearcoat
13.7.2. Basecoat
13.7.3. Primer
13.7.4. Sealer
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Solventborne Refinish Paint Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solventborne Refinish Paint Market: Market Share Analysis
14.2. Solventborne Refinish Paint Distributors and Customers
14.3. Solventborne Refinish Paint Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Axalta (US)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PPG Industries (US)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BASF (Germany)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sherwin-Williams (US)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kansai Paint (Japan)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nippon Paint (Japan)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KCC Corporation (Korea)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AkzoNobel (Netherlands)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
