Coating Solvent Market to See Major Growth by 2030
Advance Market Analytics added research publication document on Worldwide Coating Solvent Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Coating Solvent market. The study provides valuable market size data for historical (Volume** & Value) from 2018 to 2022 which is estimated and forecasted till 2028*. Some are the key & emerging players that are part of coverage and have being profiled are BASF SE (Germany), DuPont (United States), Exxon Mobil Corporation (United States), Shell (Netherland), Arkema S.A. (France), Eastman Chemical Company (United States), Clariant AG (Switzerland), Solvay (Belgium), INEOS (United Kingdom), Celanese Corporation (United States), LyondellBasell Industries Holdings B.V. (Netherland).
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Coating solvent, an additive which is used for imparting certain performance property to coatings with the desired consistency. These solvents have relatively greater benefits than water-borne and bio-based coating solvents in the production of coatings. The growing demand in the construction sector and manufacturing industries particularly in developing nations of South America and the Asia Pacific offering lucrative opportunity in the growth of the very market. According to AMA, the market for Coating Solvent is expected to register a CAGR of 5.5% during the forecast period to 2027.?This growth is primarily driven by Increasing Content of Bio-Based Raw Materials Such as Solvents in Coating Formulation and The Growth in Demand for Organic Solvent Across Various End-Use Industries.
Key Developments in the Market:
IFF and DuPont today announced that they have entered into a definitive agreement for the merger of IFF and DuPont’s Nutrition & Biosciences (N&B) business in a Reverse Morris Trust transaction.
DuPont announced the commencement of its exchange offer (split-off) whereby DuPont stockholders can elect to tender shares of DuPont common stock in exchange for shares of Nutrition & Biosciences, Inc. (“N&B”) common stock.
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Coating Solvent Market various segments and emerging territory.
Influencing Market Trend
·???????High Traction of Water-borne Coatings Globally
Market Drivers
·???????Increasing Content of Bio-Based Raw Materials Such as Solvents in Coating Formulation
·???????The Growth in Demand for Organic Solvent Across Various End-Use Industries
Opportunities:
·???????Growing Industrialization Across the World, Especially in Developing Countries
·???????Increasing Demand from Construction and Automotive Industry Globally
Challenges:
·???????Volatile Nature of Key Raw Material Prices
·???????Impact of Environment Regulations
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Analysis by Type (Acetone, Alcohols, Ethylene Dichloride, Xylene and Toluene, Others (Chloroethane, Ethyl Acetate)), Application (Automotive Coating, Aerospace Coating, Building Coating, Furniture Coating, Others), Source Type (Petrochemical-Based Solvents, Bio and Green Solvents)
Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
?? % Market Share, Segment Revenue, Swot Analysis for each profiled company [BASF SE (Germany), DuPont (United States), Exxon Mobil Corporation (United States), Shell (Netherland), Arkema S.A. (France), Eastman Chemical Company (United States), Clariant AG (Switzerland), Solvay (Belgium), INEOS (United Kingdom), Celanese Corporation (United States), LyondellBasell Industries Holdings B.V. (Netherland)]
? Business overview and Product/Service classification
? Product/Service Matrix [Players by Product/Service comparative analysis]
? Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
? Consumption, Capacity & Production by Players
The regional analysis of Global Coating Solvent Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028.
Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers
Read Executive Summary and Detailed Index of full Research Study @?https://www.advancemarketanalytics.com/reports/94357-global-coating-solvent-market
Highlights of the Report
? The future prospects of the global Coating Solvent market during the forecast period 2023-2028 are given in the report.
? The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
? The emerging technologies that are driving the growth of the market are highlighted in the report.
? The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
? The report studies the leading manufacturers and other players entering the global Coating Solvent market.
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