Coating Thinners Market
Coating Thinners Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Coating Thinners Market Size and Growth
The Coating Thinners market exhibits steady growth, driven by rising demand in construction and automotive sectors. Valued at approximately $5 billion in 2022, the market is projected to expand at a CAGR of 4.5% through 2030. Factors influencing this trend include environmental regulations and the development of eco-friendly formulations. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ PPG
◍ Kansai Paint
◍ Sherwin-Williams
◍ AkzoNobel
◍ BASF
◍ Henkel
◍ ExxonMobil Chemical
◍ Axalta
◍ RPM International
◍ 3M
◍ Shanghai Coatings
◍ Guangdong Maydos Building Materials
◍ SK Chemical
◍ Hempel
◍ Shenzhen Zhanchen paints
◍ SANKYO CHEMICAL
◍ Shell
◍ Jotun
The coating thinners market features key players like PPG, Sherwin-Williams, and BASF, utilizing innovative formulations to enhance product performance. Companies focus on R&D, regional expansion, and sustainable solutions, stimulating market growth. Sales revenue examples: PPG: $17.7 billion, Sherwin-Williams: $20.4 billion, BASF: $84.0 billion.
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Market Segmentation
By Application
Architecture
Machinery & Equipment
Automotive ◍ Medical Devices
◍ Aerospace & Defense
◍ Chemical & Material ◍ Marine ◍ Others
By
Product
◍ Mineral Spirits
Turpentine
Naphtha
Toluene
Methyl Ethyl Ketone (MEK)
Dimethylformamide (DMF)
2-Butoxyethanol
Others
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Market Growth
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$ X Billion USD
