Mexico Solvent Borne Coatings Market Size & Outlook

The solvent borne coatings market in Mexico is expected to reach a projected revenue of US$ 1,324.8 million by 2030. A compound annual growth rate of 2.9% is expected of Mexico solvent borne coatings market from 2023 to 2030.
Revenue, 2022 (US$M)
$1,056.2
Forecast, 2030 (US$M)
$1,324.8
CAGR, 2023 - 2030
2.9%
Report Coverage
Mexico

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

Mexico

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Mexico solvent borne coatings market highlights

  • The Mexico solvent borne coatings market generated a revenue of USD 1,056.2 million in 2022 and is expected to reach USD 1,324.8 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 2.9% from 2023 to 2030.
  • In terms of segment, automotive solvent borne coatings was the largest revenue generating application in 2022.
  • Industrial Solvent Borne Coatings is the most lucrative application segment registering the fastest growth during the forecast period.

Solvent borne coatings market data book summary

Market revenue in 2022USD 1,056.2 million
Market revenue in 2030USD 1,324.8 million
Growth rate2.9% (CAGR from 2022 to 2030)
Largest segmentAutomotive solvent borne coatings
Fastest growing segmentIndustrial Solvent Borne Coatings
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPrinting Inks, Automotive Solvent Borne Coatings, Industrial Solvent Borne Coatings
Key market players worldwideBasf SE, PPG Industries Inc, Sherwin-Williams Co, Akzo Nobel NV, RPM International Inc, Axalta Coating Systems Ltd, The Lubrizol Corp, NEI Corporation, Dow Inc

Other key industry trends

  • In terms of revenue, Mexico accounted for 2.7% of the global solvent borne coatings market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. solvent borne coatings market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 3,781.9 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

Mexico 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 35.99% in 2022. Horizon Databook has segmented the Mexico 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.


  • Mexico 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
  • Mexico Solvent Borne Coatings Type Outlook (Revenue, USD Million, 2018-2030)
    • One Component
    • Two Compoent

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Target buyers of Mexico solvent borne coatings market databook

  • Our clientele includes a mix of solvent borne coatings market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico solvent borne coatings market , including forecasts for subscribers. This country databook contains high-level insights into Mexico solvent borne coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico solvent borne coatings market size, by application, 2018-2030 (US$M)

Mexico Solvent Borne Coatings Market Outlook Share, 2022 & 2030 (US$M)

Mexico solvent borne coatings market size, by application, 2018-2030 (US$M)

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