Global Solvent Borne Coatings Market Size & Outlook

The solvent borne coatings industry worldwide is expected to reach a projected revenue of US$ 52,671.4 million by 2030. A compound annual growth rate of 3.8% is expected of the worldwide solvent borne coatings industry from 2023 to 2030.
Revenue, 2022 (US$M)
$39,137.4
Forecast, 2030 (US$M)
$52,671.4
CAGR, 2023 - 2030
3.8%
Report Coverage
Worldwide

Global solvent borne coatings market, 2018-2030 (US$M)

Related Markets

Global solvent borne coatings market highlights

  • The global solvent borne coatings market generated a revenue of USD 39,137.4 million in 2022 and is expected to reach USD 52,671.4 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 3.8% by 2030.
  • In terms of segment, automotive solvent borne coatings accounted for a revenue of USD 14,230.2 million in 2022.
  • Industrial Solvent Borne Coatings is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2022.
  • Country-wise, Italy is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 39,137.4 million
Market revenue in 2030USD 52,671.4 million
Growth rate3.8% (CAGR from 2022 to 2030)
Largest segmentAutomotive solvent borne coatings
Fastest growing segmentIndustrial Solvent Borne Coatings
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPrinting Inks, Automotive Solvent Borne Coatings, Industrial Solvent Borne Coatings

Other key industry trends

  • In terms of revenue, the North America accounted for 21.1% of the global solvent borne coatings market in 2022.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Italy is the fastest growing regional market and is projected to reach USD 367.3 million by 2030.

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Solvent Borne Coatings Market Scope

Solvent borne coatings market segmentation & scope
Wood
Industrial
Paper & Film
Adhesives
Glass
Others
Electronic Products
Consumer Goods
Architectural
Automotive
General Industries
Furniture
Automotive OEM
Metal Packaging
Protective Coatings
Automotive Refinish
Industrial Wood
Marine
Coil

Solvent Borne Coatings Market Companies

Name Profile # Employees HQ Website

Global solvent borne coatings market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to solvent borne coatings market will help companies and investors design strategic landscapes.


Automotive solvent borne coatings was the largest segment with a revenue share of 36.36% in 2022. Horizon Databook has segmented the Global solvent borne coatings market based on printing inks, automotive solvent borne coatings, industrial solvent borne coatings covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Solvent Borne Coatings Application Outlook (Revenue, USD Million, 2018-2030)
    • Wood
    • Industrial
    • Printing Inks
    • Paper & Film
    • Adhesives
    • Glass
    • Others
    • Electronic Products
    • Consumer Goods
    • Architectural
    • Automotive
    • General Industries
    • Furniture
    • Automotive OEM
    • Metal Packaging
    • Protective Coatings
    • Automotive Refinish
    • Industrial Wood
    • Marine
    • Coil
    • Automotive Solvent Borne Coatings
    • Industrial Solvent Borne Coatings
  • Global Solvent Borne Coatings Type Outlook (Revenue, USD Million, 2018-2030)
    • One Component
    • Two Compoent

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Horizon Databook provides a detailed overview of global-level data and insights on the Global solvent borne coatings market , including forecasts for subscribers. This global databook contains high-level insights into Global solvent borne coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global solvent borne coatings market size, by regions, 2018-2030 (US$M)

Top 10 countries: Solvent borne coatings market size, 2022 (US$M)

Global solvent borne coatings market share, by application, 2022 & 2030 (%, US$M)

Solvent borne coatings market: Opportunity assessment by country

Global solvent borne coatings market, by region, 2022 (US$M)

Global solvent borne coatings market size, by regions, 2018-2030 (US$M)

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