Main Content start here
Main Layout
Report Description

Report Description

Forecast Period

2026-2030

Market Size (2024)

USD 43.40 Billion

Market Size (2030)

USD 55.52 Billion

CAGR (2025-2030)

4.15%

Fastest Growing Segment

Automotive Coatings

Largest Market

Asia-Pacific

Market Overview

Global Solvent Borne Coatings Market was valued at USD 43.40 Billion in 2024 and is anticipated to project steady growth in the forecast period with a CAGR of 4.15% through 2030. Global solvent-borne coatings market plays a pivotal role in various industries, providing protective and decorative solutions for surfaces in automotive, construction, aerospace, and industrial sectors. This dynamic market is shaped by a multitude of factors, from technological advancements to environmental regulations.

Global solvent-borne coatings market stands at the intersection of technological innovation, environmental responsibility, and industrial demand. Navigating through challenges and capitalizing on drivers, companies in this market are continually shaping the future of coatings, seeking a balance between performance, sustainability, and regulatory compliance. As the industry evolves, the ability to adapt and innovate will be crucial for success in this dynamic and competitive market.

Key Market Drivers

Increasing Demand from the Marine and Automotive Industries

The global solvent-borne coatings market is significantly influenced by the marine and automotive industries, which are among the largest consumers of these coatings. The growing demand for high-performance protective coatings in these sectors is driven by various factors, including corrosion resistance, durability, superior adhesion, and the ability to withstand harsh environmental conditions. The marine sector is highly dependent on solvent-borne coatings due to the need for durable, weather-resistant, and anti-corrosive coatings that can protect vessels, offshore platforms, and other maritime structures. Given the extreme conditions of marine environments—such as constant exposure to seawater, humidity, salt spray, and UV radiation—solvent-borne coatings remain the preferred choice. The prevention of metal corrosion is a critical concern with significant economic implications across global industries. According to recent data, the financial impact of corrosion-related damage in marine transport, occurring during construction or operational phases, is estimated at $50–80 billion annually, representing approximately 3% of global GDP. Furthermore, industry statistics reveal that corrosion is responsible for 90% of ship failures, underscoring the urgency of addressing this issue to mitigate operational risks and financial losses. Ships, boats, and offshore structures are constantly exposed to corrosive environments. Solvent-borne coatings provide superior corrosion resistance, ensuring longer service life and reducing maintenance costs. These coatings are used on hulls, decks, and superstructures to prevent degradation caused by seawater, extreme weather, and mechanical wear.

The global shipbuilding industry is expanding, especially in Asia-Pacific (China, South Korea, and Japan), driving higher demand for coatings. In April, Chinese shipbuilding companies secured 76% of global shipbuilding orders, solidifying China's position as the world's leading shipbuilder, according to the latest industry data. Increasing investments in ship repair and maintenance create a recurring demand for marine-grade solvent-borne coatings. Anti-fouling coatings, a key category of solvent-borne coatings, help prevent biofouling (accumulation of organisms on hulls), improving fuel efficiency and operational performance. Growth in offshore drilling and wind farms necessitates heavy-duty protective coatings for platforms, pipelines, and subsea equipment. Global offshore oil and gas exploration spending is set to rise by over 20% this year, with continued growth projected into next year. SLB (formerly Schlumberger) anticipates more than $500 million in investment decisions between 2022 and 2025, marking a 90% surge compared to the 2016-2019 period, underscoring the sector’s accelerating capital commitments. Solvent-borne coatings ensure resistance to extreme weather conditions and chemical exposure, making them indispensable for offshore structures. The automotive sector is another dominant force propelling the growth of the solvent-borne coatings market. These coatings are extensively used in automobile manufacturing, refinishing, and aftermarket applications. Solvent-borne coatings provide high-gloss finishes, superior adhesion, and long-term durability, making them ideal for automotive exteriors and interiors. Unlike waterborne coatings, they offer better chemical resistance, scratch resistance, and a broader temperature application range, making them suitable for diverse climates and road conditions. As EV production rises, manufacturers require coatings that enhance aerodynamics, reduce weight, and improve energy efficiency. Electric vehicles (EVs) have emerged as a cornerstone of sustainable transportation. In 2023, global personal EV sales approached 14 million, accounting for 18% of total passenger vehicle sales and reflecting a 35% year-over-year surge, highlighting the sector’s rapid adoption and market expansion. Solvent-borne coatings are formulated to adhere to lightweight materials like aluminum and carbon fiber used in modern EVs, ensuring longevity and aesthetic appeal.

Rising Global Trade and Industrial Expansion

The global solvent-borne coatings market is significantly influenced by rising global trade and industrial expansion. As international trade volumes increase and industrial sectors continue to grow, the demand for durable, high-performance coatings rises in parallel. These coatings are essential for protecting infrastructure, machinery, transportation equipment, and industrial facilities from corrosion, wear, and environmental damage.

The surge in global trade and cross-border logistics has resulted in a significant increase in cargo shipments, containerized freight, and maritime transport, all of which require high-performance protective coatings. India’s international air cargo market has outpaced both global and Asia-Pacific averages and is projected to grow by approximately 19% in 2024. Meanwhile, domestic air cargo volumes have expanded by 6-8%. According to the report, total airport tonnage handled is expected to rise by around 14%, reflecting the sector’s strong momentum. With an increasing number of cargo ships, oil tankers, and container vessels being manufactured and maintained, the demand for solvent-borne marine coatings continues to grow. These coatings offer superior resistance to corrosion, UV exposure, saltwater, and extreme weather conditions. Expanding port facilities, docks, cranes, and shipping terminals require heavy-duty coatings to protect against harsh environmental conditions, ensuring the longevity of critical logistics infrastructure. DP World has reached a historic milestone, exceeding 100 million TEUs of container handling capacity across its global network since inception. Over the past decade, the company has expanded its capacity by 33%, driven by strategic acquisitions, greenfield developments, and infrastructure upgrades. Starting at 75.6 million TEUs in 2014, DP World has consistently invested in modernizing its port operations to align with the evolving demands of the global supply chain. Fuel, oil, and chemical storage tanks used in international trade require coatings that provide chemical resistance, anti-corrosion properties, and enhanced durability. With global trade expansion, there is a rise in demand for commercial vehicles, trucks, trailers, and railway freight wagons, all of which require solvent-borne coatings for rust prevention and enhanced durability. The 74 member states of the International Transport Forum (ITF) report detailed data on land freight volumes, highlighting significant growth from 2010 to 2021. Emerging markets, including India and Uzbekistan, have seen substantial increases, while Kazakhstan's freight volumes surged by approximately 50%. Similarly, Eastern European EU nations such as Poland and Romania have recorded strong upward trends, reflecting the region’s expanding logistics and trade activities. Growth in air cargo and passenger travel necessitates protective coatings for aircraft, hangars, runways, and airport terminals to withstand extreme weather, chemical exposure, and frequent usage. The increasing industrialization in emerging markets such as China, India, Brazil, and Southeast Asia has fueled the demand for solvent-borne coatings.  Infrastructure development, particularly in rapidly urbanizing regions, has led to a surge in demand for solvent-borne coatings in commercial, residential, and industrial construction projects.  Bridges and highways – ensuring long-term resistance against moisture, chemicals, and heavy traffic. Industrial warehouses and factories – requiring coatings with fire resistance, anti-corrosion properties, and chemical resistance. Metal structures and pipelines – benefiting from high-performance coatings that prevent degradation due to exposure to extreme temperatures and pollutants.

 Solvent Borne Coatings Market

Download Free Sample Report

Key Market Challenges

Environmental Regulations

The primary challenges arises from the emphasis on reducing volatile organic compound (VOC) emissions. Solvent-borne coatings traditionally contain solvents with VOCs, contributing to air pollution and posing health risks. As regulatory standards become more stringent, companies in the solvent-borne coatings market must invest heavily in research and development to formulate low-VOC alternatives without compromising performance.

Meeting environmental regulations demands a significant shift in manufacturing practices. Companies are compelled to invest in sustainable sourcing of raw materials, energy-efficient production processes, and waste reduction initiatives. This transition requires substantial capital and a strategic realignment of operational frameworks.

Adapting to environmental regulations requires the development of eco-friendly formulations. Manufacturers must explore alternative solvents and resins that minimize environmental impact while maintaining the high performance expected from solvent-borne coatings. This pursuit of sustainability often entails rigorous testing and adjustment of formulations to meet regulatory standards.

Navigating a fragmented regulatory landscape poses an additional challenge. Environmental regulations vary across regions and countries, creating a complex compliance scenario for global solvent-borne coatings manufacturers. The need for nuanced adaptations to meet diverse standards adds layers of complexity to supply chain management.

Shift to Waterborne and Powder Coatings

Preference for waterborne and powder coatings. These alternatives are touted for their lower levels of volatile organic compounds (VOCs), offering a more sustainable and environmentally friendly solution. The solvent-borne coatings market is tasked with the uphill battle of adapting formulations to align with stringent environmental standards without compromising on performance.

The transition to waterborne and powder coatings necessitates substantial investments in research and development. Solvent-borne coatings manufacturers are compelled to innovate and engineer formulations that not only meet but surpass the performance benchmarks set by their eco-friendly counterparts. This requires a meticulous balance between maintaining product efficacy and reducing environmental impact.

The shift towards waterborne and powder coatings represents a technological overhaul in coating applications. Manufacturers entrenched in solvent-borne formulations must reevaluate and upgrade their production processes, application techniques, and equipment to seamlessly integrate with the new wave of coating technologies. This transition poses a considerable learning curve and financial investment.

The growing popularity of waterborne and powder coatings intensifies market competition. Solvent-borne coatings must differentiate themselves to retain a competitive edge. This could involve highlighting unique performance characteristics, exploring niche applications, or leveraging established brand reputation to carve a distinctive identity in a market saturated with alternatives.

Key Market Trends

Innovations in Formulation Technologies

Innovation in formulation technologies is propelling solvent-borne coatings to new heights of performance excellence. Manufacturers are investing in research and development to engineer coatings with enhanced adhesion, resistance to environmental factors, and superior durability. These high-performance characteristics respond to the demands of industries where coatings must withstand rigorous conditions without compromising aesthetics.

One of the most prominent trends is the integration of sustainability into formulation technologies. As environmental awareness grows, manufacturers are focused on reducing the environmental impact of solvent-borne coatings. Innovations include the development of low-VOC formulations and the use of eco-friendly solvents, aligning with global efforts to promote environmentally conscious practices.

The trend of customization for specific applications is reshaping the solvent-borne coatings landscape. Manufacturers recognize the diverse needs of industries, from automotive and aerospace to industrial and construction. Formulation technologies are being tailored to address these unique requirements, offering specialized coatings that deliver optimal performance in specific applications.

The integration of digital technologies is a transformative trend in coating processes. Innovations include advanced application techniques, monitoring systems, and quality control measures that optimize efficiency. Moreover, the adoption of smart coating technologies, such as self-healing properties or corrosion monitoring, reflects a new frontier in functionality and performance.

Rise of Low-VOC and Green Coatings

One of the defining trends propelling the solvent-borne coatings market is the relentless pursuit of low-VOC formulations. Traditionally, solvent-borne coatings have been associated with higher VOC levels, contributing to air pollution and environmental degradation. Innovations in formulation technologies are challenging this notion, with manufacturers engineering coatings that not only meet but often exceed stringent emission standards.

The green coatings movement extends beyond VOC reduction to the sourcing of eco-friendly solvents and raw materials. Manufacturers are embracing sustainable practices by exploring alternatives that minimize environmental impact without compromising on the performance characteristics expected from solvent-borne coatings. This shift towards eco-friendly sourcing aligns with global initiatives to create a more sustainable and responsible coatings industry.

The rise of low-VOC and green coatings is significantly influenced by changing consumer preferences. Consumers, increasingly conscientious about the environmental footprint of products, are driving the demand for coatings that align with sustainable practices. This shift in consumer sentiment is compelling manufacturers to innovate and deliver coatings that not only meet regulatory standards but also resonate with eco-conscious consumers.

Environmental regulations worldwide are becoming more stringent, necessitating compliance and adaptation from coatings manufacturers. The rise of low-VOC and green coatings is, in part, a response to these regulations. Manufacturers aiming for global market access understand the importance of formulating coatings that adhere to diverse and evolving regulatory standards.

Development of High-Performance Resins

At the heart of this paradigm shift is the relentless pursuit of performance excellence. High-performance resins, meticulously engineered through cutting-edge research and development, are revolutionizing the capabilities of solvent-borne coatings. Manufacturers are pushing the boundaries of what coatings can achieve, meeting and exceeding the stringent demands of industries such as automotive, aerospace, and industrial manufacturing.

The hallmark of high-performance resins is their ability to provide exceptional adhesion and durability. Whether applied to automotive finishes or industrial machinery, these resins form coatings that withstand the rigors of harsh environments, mechanical stress, and exposure to corrosive elements. The result is coatings that not only protect surfaces but also contribute to the longevity of the coated structures.

One of the compelling aspects of high-performance resins is their versatility across diverse industries. From the intricacies of electronic components to the vast expanse of architectural structures, these resins can be tailored to meet the specific needs of different applications. The ability to provide bespoke solutions positions solvent-borne coatings with high-performance resins as indispensable across a wide spectrum of industries.

The development of high-performance resins is also aligned with the evolving regulatory landscape and environmental demands. Manufacturers are investing in formulations that not only excel in performance but also adhere to stringent environmental standards. This dual focus on efficacy and eco-friendliness positions solvent-borne coatings with high-performance resins as leaders in responsible coatings solutions.

Segmental Insights

Application Insights

Based on category of Application, The automotive coatings segment is the fastest-growing category within the global solvent-borne coatings market, driven by rising vehicle production, increasing demand for high-performance coatings, and expanding automotive refinishing activities. Solvent-borne coatings remain a preferred choice in this sector due to their superior durability, chemical resistance, and ability to withstand harsh environmental conditionsThe automotive sector is experiencing steady growth, particularly in emerging markets such as China, India, Brazil, and Southeast Asia, where rising income levels and urbanization are fueling vehicle demand.

Global automobile production, including passenger cars, commercial vehicles, and electric vehicles (EVs), has increased, driving demand for high-performance coatings that ensure longevity and aesthetic appeal. Consumers increasingly prefer high-quality, long-lasting finishes, leading to higher demand for solvent-borne coatings with advanced properties such as scratch resistance, gloss retention, and weather protection. Luxury automakers rely on solvent-based coatings to achieve deep color saturation, superior gloss, and enhanced surface durability, which are difficult to achieve with waterborne alternatives.

Solvent Borne Coatings Market 

Download Free Sample Report

Regional Insights

Based on region, Asia Pacific region is the largest market in the Global Solvent Borne Coatings Market. Asia-Pacific is the global manufacturing powerhouse, with major economies such as China, India, Japan, and South Korea leading in automotive production, electronics, shipbuilding, and heavy machinery. Solvent-borne coatings are widely used in these industries for their high durability, chemical resistance, and ability to withstand extreme environmental conditions. Countries like Vietnam, Indonesia, and Thailand are emerging as new manufacturing and export hubs, further increasing demand for industrial coatings. The growing demand for heavy machinery, construction equipment, and industrial tools in Asia-Pacific drives significant consumption of solvent-borne coatings. Industries such as oil & gas, mining, and chemical processing require high-performance protective coatings to prevent corrosion and extend equipment lifespan.

China is the world’s largest automobile producer, followed by India, Japan, and South Korea, making the region the largest consumer of automotive coatings. Solvent-borne coatings are preferred in OEM automotive manufacturing due to their faster drying times, superior adhesion, and resistance to environmental factors. Rising income levels and urbanization are fueling vehicle demand, driving the need for automotive coatings in both manufacturing and refinishing sectors. Governments across China, India, and Southeast Asia are heavily investing in transportation infrastructure, increasing demand for coatings used in railway coaches, bridges, highways, and airport facilities. The rail and aerospace sectors rely on solvent-borne coatings for their superior protective properties in high-traffic environments.

Recent Developments

  • In October 2023, Holland Colours has unveiled Holcopearl, an innovative solid colorant designed to enhance the efficiency and consistency of white paint formulations in solventborne coatings. Leveraging advanced encapsulation technology, Holcopearl provides a clean, fast, and flexible solution for incorporating pre-ground titanium dioxide (TiO₂), eliminating the challenges associated with handling TiO₂ powder.
  • In June 2023, AkzoNobel inaugurated a cutting-edge Research and Development (R&D) Center in High Point, North Carolina, strengthening its Wood Coatings business. The new facility serves as both a product development hub and a customer support center, enabling faster innovation, enhanced technical expertise, and tailored solutions for the evolving needs of the wood coatings industry
  • In June 2019, Jotun entered into a Memorandum of Understanding (MOU) with Hyundai Heavy Industries from Korea. This collaboration enables Jotun to utilize its innovative marine paint in partnership with Hyundai Heavy Industries. The agreement is strategically designed to assist the company in addressing environmental regulations effectively, concurrently minimizing solvent emissions.
  • In September 2018, Evonik introduced TEGO Dispers 687, a novel dispersant designed for dispersing and wetting matting agents in solvent-borne coatings. The addition of this new product to their offerings allows the company to expand and diversify its product portfolio.

Key Market Players

  • BASF SE
  • PPG Industries
  • The Sherwin-Williams Company
  • Akzo Nobel N.V.
  • RPM International, Inc
  • Axalta Coating Systems
  • Glass Paint Technology
  • The Lubrizol Corporation
  • NEI Corporation
  • DOW Chemical Company

 By Type

By Application

By Region

  • One Component
  • Two Component
  • Automotive
  • Industrial
  • Printing Inks
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Solvent Borne Coatings Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Solvent Borne Coatings Market, By Type:

o   One Component

o   Two Component

  • Solvent Borne Coatings Market, By Application:

o   Automotive

o   Industrial

o   Printing Inks

o   Others

  • Solvent Borne Coatings Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Solvent Borne Coatings Market.

Available Customizations:

Global Solvent Borne Coatings market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Solvent Borne Coatings Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Applications

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Impact of COVID-19 on Global Solvent Borne Coatings Market

5.    Global Solvent Borne Coatings Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Type (One Component, Two Component)

5.2.2.    By Application (Automotive, Industrial, Printing Inks, Others)

5.2.3.    By Region

5.2.4.    By Company (2024)

5.3.  Market Map

6.    Asia Pacific Solvent Borne Coatings Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Type

6.2.2.    By Application

6.2.3.    By Country

6.3.  Asia Pacific: Country Analysis

6.3.1.    China Solvent Borne Coatings Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value & Volume

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type

6.3.1.2.2.           By Application

6.3.2.    India Solvent Borne Coatings Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value & Volume

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type

6.3.2.2.2.           By Application

6.3.3.    Australia Solvent Borne Coatings Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value & Volume

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type

6.3.3.2.2.           By Application

6.3.4.    Japan Solvent Borne Coatings Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.           By Value & Volume

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.           By Type

6.3.4.2.2.           By Application

6.3.5.    South Korea Solvent Borne Coatings Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.           By Value & Volume

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.           By Type

6.3.5.2.2.           By Application

7.    Europe Solvent Borne Coatings Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Application

7.2.3.    By Country

7.3.  Europe: Country Analysis

7.3.1.    France Solvent Borne Coatings Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value & Volume

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type

7.3.1.2.2.           By Application

7.3.2.    Germany Solvent Borne Coatings Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value & Volume

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type

7.3.2.2.2.           By Application

7.3.3.    Spain Solvent Borne Coatings Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value & Volume

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type

7.3.3.2.2.           By Application

7.3.4.    Italy Solvent Borne Coatings Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value & Volume

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type

7.3.4.2.2.           By Application

7.3.5.    United Kingdom Solvent Borne Coatings Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value & Volume

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type

7.3.5.2.2.           By Application

8.    North America Solvent Borne Coatings Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Application

8.2.3.    By Country

8.3.  North America: Country Analysis

8.3.1.    United States Solvent Borne Coatings Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value & Volume

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type

8.3.1.2.2.           By Application

8.3.2.    Mexico Solvent Borne Coatings Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value & Volume

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type

8.3.2.2.2.           By Application

8.3.3.    Canada Solvent Borne Coatings Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value & Volume

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type

8.3.3.2.2.           By Application

9.    South America Solvent Borne Coatings Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Application

9.2.3.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Solvent Borne Coatings Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value & Volume

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type

9.3.1.2.2.           By Application

9.3.2.    Argentina Solvent Borne Coatings Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value & Volume

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type

9.3.2.2.2.           By Application

9.3.3.    Colombia Solvent Borne Coatings Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value & Volume

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type

9.3.3.2.2.           By Application

10. Middle East and Africa Solvent Borne Coatings Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value & Volume

10.2.             Market Share & Forecast

10.2.1. By Type

10.2.2. By Application

10.2.3. By Country

10.3.             MEA: Country Analysis

10.3.1. South Africa Solvent Borne Coatings Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value & Volume

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type

10.3.1.2.2.         By Application

10.3.2. Saudi Arabia Solvent Borne Coatings Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value & Volume

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type

10.3.2.2.2.         By Application

10.3.3. UAE Solvent Borne Coatings Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value & Volume

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type

10.3.3.2.2.         By Application

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Market Trends & Developments

12.1.             Recent Developments

12.2.             Product Launches

12.3.             Mergers & Acquisitions

13. Global Solvent Borne Coatings Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1.             Competition in the Industry

14.2.             Potential of New Entrants

14.3.             Power of Suppliers

14.4.             Power of Customers

14.5.             Threat of Substitute Product

15. PESTLE Analysis

16. Pricing Analysis

17. Competitive Landscape

17.1.             BASF SE

17.1.1. Business Overview

17.1.2. Company Snapshot

17.1.3. Products & Services

17.1.4. Financials (As Reported)

17.1.5. Recent Developments

17.2.             PPG Industries

17.3.             The Sherwin-Williams Company

17.4.             Akzo Nobel N.V.

17.5.             RPM International, Inc

17.6.             Axalta Coating Systems

17.7.             Glass Paint Technology

17.8.             The Lubrizol Corporation

17.9.             NEI Corporation

17.10.          DOW Chemical Company

18. Strategic Recommendations

19. About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Global Solvent Borne Coatings Market was estimated to be USD 43.40 Billion in 2024.

BASF SE, PPG Industries, The Sherwin-Williams Company, Akzo Nobel N.V., RPM International, Inc were the top key players in the Global Solvent Borne Coatings Market in 2024.

Environmental Regulations and Shift to Waterborne and Powder Coatings are the major challenges for the Global Solvent Borne Coatings Market.

Increasing Demand from the Marine and Automotive Industries and Rising Global Trade and Industrial Expansion are the major drivers for the Global Solvent Borne Coatings Market.

Related Reports