This report has market research analysis and insights which helps make out the response of consumers to an already existing product in the market and identifies the causes for failure of particular product already in the market.
The Solvent-Borne Coatings market report has potential to uncover the general market conditions and tendencies. With this report, prospective market for a new product to be launched in the market can be estimated easily. This Solvent-Borne Coatings market research report is a resource which provides current as well as upcoming technical and financial details of the industry for the forecast period. The report also measures or analyses the strength and weak points of the competitors.
The solvent-borne coatings market is expected to witness market growth at a rate of 7.9% in the forecast period of 2021 to 2028. Data Bridge Market Research report on solvent-borne coatings market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the construction spending and restoration activities in emerging economies is escalating the growth of solvent-borne coatings market.
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Market Overview:
Major factors that are expected to boost the growth of the solvent-borne coatings market in the forecast period are the suitable characteristics of the product. Furthermore, the rise in the need from end-use industries like infrastructure, automotive, and general
industrial is further anticipated to propel the growth of the solvent-borne coatings market. Also, the decrease in the vulnerability of solvent- borne coating to the environmental conditions is further estimated to cushion the growth of the solvent-borne coatings market. On the other hand, the solvent borne coating exhibit volatile
organic compounds (VOCs) which are harmful for the environment which in turn is further projected to impede the growth of the solvent-borne coatings market in the timeline period.
In addition, the utilization of the multipurpose additives to improve the efficiency of the solvent borne coatings will further provide potential opportunities for the growth of the solvent-borne coatings market in the coming years. However, the stringent government regulations and rules might further challenge the growth of the solvent-borne coatings market in the near future.
The major players covered in the solvent-borne coatings market report are BASF –
SE,
Williams-Hayward Protective,
INDUSTRIA CHIMICA ADRIATICA SpA,
NEI Corporation.,
Laviosa Mineral Solutions SpA,
BYK Additives Instruments,
Croda International Plc,
TOLSA GROUP,
DSM,
Covestro AG,
Jamestown Coating Technologies,
Dow,
VALPAC, Inc.,
Glass Paint Technology,
Endura Manufacturing Company Ltd.,
ALLNEX GMBH,
Prestige Coating Limited.,
Excalibur Paint,
Ellis Paint Company,
PRABHAT PAINT INDUSTRIES.,
The Lubrizol Corporation, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
The solvent-borne coatings market is analysed and market size, volume information is provided by country, product type, end use and industry vertical as referenced above.
The countries covered in the solvent-borne coatings market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the solvent-borne coatings market due to the rise in the construction sector led by the recovery post-recession. Furthermore, the growing of the demand for the product by replacing solvent-borne coatings used in construction activities will further boost the growth in the solvent-borne coatings market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the solvent-borne coatings market due to the change in the major automobile manufactures.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Economic impact on Solvent-Borne Coatings industry and development trend of Solvent-Borne Coatings industry.
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