North America Solvent Borne Coatings Market Size & Outlook
North America solvent borne coatings market, 2018-2030 (US$M)
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North America solvent borne coatings market highlights
- The North America solvent borne coatings market generated a revenue of USD 8,258.0 million in 2022.
- The market is expected to grow at a CAGR of 3.3% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 8,258.0 million |
| Market revenue in 2030 | USD 10,692.3 million |
| Growth rate | 3.3% (CAGR from 2022 to 2030) |
| Largest segment | Automotive solvent borne coatings |
| Fastest growing segment | Industrial Solvent Borne Coatings |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Printing Inks, Automotive Solvent Borne Coatings, Industrial Solvent Borne Coatings |
| Key market players worldwide | Basf 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, North America region accounted for 21.1% of the global solvent borne coatings market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 21,263.4 million by 2030.
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Solvent Borne Coatings Market Scope
Solvent Borne Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 36.44% in 2022. Horizon Databook has segmented the North America 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.
- North America 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
- North America 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 continent-level data and insights on the North America solvent borne coatings market , including forecasts for subscribers. This continent databook contains high-level insights into North America solvent borne coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America solvent borne coatings market size, by country, 2018-2030 (US$M)
North America Solvent Borne Coatings Market Outlook Share, 2022 & 2030 (US$M)
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