LeapZipBlog: Steve Blade's blog: Coating Solvent Market Segments, Opportunity, Growth and Forecast by End-Use Industry 2018 to 2027

Coating Solvent Market Segments, Opportunity, Growth and Forecast by End-Use Industry 2018 to 2027

July 22, 2019 by Steve Blade  

A new report of Fact.MR, titled “Coating Solvents Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018-2027,” offer a detailed assessment on important dynamics influencing the coating solvents market growth worldwide. Size of the coating solvents market has been evaluated in terms of value (US$ Mn) and volume (‘000 Units). Apart from the dynamics, macro- and micro-economic trends impacting growth of the coating solvents market have also been
covered in the report. The primary aim of the report is to provide authentic information on the coating solvents market, to enable readers in collecting and devising appropriate strategies. This will further help readers to align well with changing dynamics of the coating solvents market. Additionally, the report offers an overview of the coating solvents market, which offers better understanding on future prospects of the coating solvents market. The primary aim of the report is to provide authentic information on the coating solvents market, to enable readers in collecting and devising appropriate strategies. This will further help readers to align well with changing dynamics of the coating solvents market.

For More Details - A sample of this report is available upon request here -

https://www.factmr.com/connectus/sample?flag=S&rep_id=2359

Bio-based Coating Solvents Gain Emphasis Abreast Sustainability

Prevailing trends, including environment-friendly, green, and sustainability have led to regulatory evolutions in the coatings industry. This in turnhas led to increase in content of bio-based raw materials such as solvents in coating formulations. Several paints and surface coatings currently available in the market bear labels such as “eco-friendly” and “environmental friendly”, alluding at rising demand for bio-based solvents. This niche form of solvents currently holds just over 10% of the coating solvents sales, however bio-based solvents are expected to witness rapid growth in demand, according to the European Solvents Industry Group (ESIG).

Market Segmentation

The report has identified key segments of the coating solvents market, and these have been systematically represented with the help of a taxonomy table. The coating solvents market has been split categorically into product type, source, and region. All the segments in the coating solvents market have been scrutinized in detail, and imperative numbers such as Y-o-Y, revenues, volume, and their share in coating solvents market have been delivered. Petrochemical-based coating solvents and bio-based/green coating solvents are key source type segments assessed in the coating solvents market report.

Shanghai Housing and Urban Development Management Commission has announced prohibition of coating solvents for woodware and exterior walls in the construction industry. In addition, Nanjing government has ordered over 800 vehicle maintenance enterprises for upgrading their solvent-based coatings to eco-friendly alternatives such as water-borne and bio-based variants.

Competitive Landscape

Fact.MR’s study offers holistic insights on demand & supply trends of the coating solvents systems worldwide, coupled with a detailed assessment on the coating solvent market’s competition landscape. The report also offers an exhaustive assessment on established and emerging coating solvent market players. Information on company overview, key financials, and recent developments of these coating solvents manufacturers has also been included in the report.

Key developments of the market players

  • VarsolTM 30 is a recent development by Exxon Mobil Chemical, which is an aliphatic hydrocarbon coating solvent. This combustible liquid, which features high vapor pressure, can be employed as coating solvents across various applications including industrial maintenance coatings and traffic marking paints.
  • The Dow Chemical Company has recently unveils its slow evaporating coating solvent, called UCARTM ESTER EEP, which features excellent solvent properties. This coating solvent can be used in wide array of applications such as electrostatically sprayed coatings, acrylic polymerization, high solids coatings, and conventional lacquers and enamels. High electrical resistance, slow evaporation rate, and excellent solvent release are key benefits of this solvent coating.
  • BASF SE has recently developed a bio-based coating solvent, “Sovermol®,” which has been designed specifically for application in waterpipe coating, flooring coating, putty applications and adhesives. These solvent coatings are polyfunctional alcohols developed from renewable raw materials.

Key Questions Answered

The report also offers answers to other important queries apropos of the coating solvents market

  • Which region stands most lucrative for coating solvents market?
  • What is the revenue share of North America in coating solvents market?
  • By what percentage share does APEJ lead other coating solvents markets?
  • By what rate will demand for bio-based/green coating solvents grow in 2018?
  • Which product remains top-seller in coating solvents market?

Have Any Query?? Ask Our Industry Expert https://www.factmr.com/connectus/sample?flag=AE&rep_id=2359

About Fact.MR

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