Solventborne Basecoat
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Solventborne Basecoat Market Size and Growth
The Solventborne Basecoat market is witnessing steady growth due to rising automotive and industrial applications. As of 2023, the market size is estimated at approximately $3.5 billion, driven by demand for high-performance coatings and regulatory advancements. Increased focus on sustainability is shaping future market conditions and product innovations.
Companies Covered
(Covid 19 Impact Covered)
◍ Sylac S.A.
◍ Beckers
◍ Rembrandtin
◍ Automotive Paint & Supply Co.
◍ RM
◍ BASF
◍ AkzoNobel
◍ Axalta Coating Systems
◍ Nason
◍ Gage
◍ General Paint
◍ Glasurit
◍ PPG Asian Paints
The solventborne basecoat market features key players like BASF, AkzoNobel, Axalta, and Beckers, offering highperformance coatings for automotive applications. These companies innovate formulations, enhancing durability and appearance. Their growth strategies include expanding product lines and regional presence, contributing to market demand. Notable sales figures include BASF: €70 billion, AkzoNobel: €9.2 billion.
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Market Segmentation
By Application
Automobile Industry
Furniture Industry
Others
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By Product
Automotive Primer
Wall Primer
Others
Market Growth
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$ X Billion USD
