Abstract
Summary
LPI (LP Information)' newest research report, the “Paint Thinner Industry Forecast” looks at past sales and reviews total world Paint Thinner sales in 2022, providing a comprehensive analysis by region and market sector of projected Paint Thinner sales for 2023 through 2029. With Paint Thinner sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Paint Thinner industry.
This Insight Report provides a comprehensive analysis of the global Paint Thinner landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Paint Thinner portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Paint Thinner market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Paint Thinner and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Paint Thinner.
The global Paint Thinner market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Paint Thinner is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Paint Thinner is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Paint Thinner is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Paint Thinner players cover AkzoNobel, BASF, PPG, Sherwin-Williams, CMP, Axalta, Nippon Paint, Jotun and Henkel, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Paint Thinner market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Mineral Spirits
Acetone
Turpentine
Naphtha
Toluene
Methyl Ethyl Ketone (MEK)
Dimethylformamide (DMF)
2-Butoxyethanol
Others
Segmentation by application
Epoxy Paint Thinner
Alkyd Paint Thinner
Polyurethane Paint Thinner
Acrylic Paint Thinner
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AkzoNobel
BASF
PPG
Sherwin-Williams
CMP
Axalta
Nippon Paint
Jotun
Henkel
Kansai
Hempel
KCC
3M
Key Questions Addressed in this Report
What is the 10-year outlook for the global Paint Thinner market?
What factors are driving Paint Thinner market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Paint Thinner market opportunities vary by end market size?
How does Paint Thinner break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
This Insight Report provides a comprehensive analysis of the global Paint Thinner landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Paint Thinner portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Paint Thinner market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Paint Thinner and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Paint Thinner.
The global Paint Thinner market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Paint Thinner is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Paint Thinner is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Paint Thinner is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Paint Thinner players cover AkzoNobel, BASF, PPG, Sherwin-Williams, CMP, Axalta, Nippon Paint, Jotun and Henkel, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Paint Thinner market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Mineral Spirits
Acetone
Turpentine
Naphtha
Toluene
Methyl Ethyl Ketone (MEK)
Dimethylformamide (DMF)
2-Butoxyethanol
Others
Segmentation by application
Epoxy Paint Thinner
Alkyd Paint Thinner
Polyurethane Paint Thinner
Acrylic Paint Thinner
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AkzoNobel
BASF
PPG
Sherwin-Williams
CMP
Axalta
Nippon Paint
Jotun
Henkel
Kansai
Hempel
KCC
3M
Key Questions Addressed in this Report
What is the 10-year outlook for the global Paint Thinner market?
What factors are driving Paint Thinner market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Paint Thinner market opportunities vary by end market size?
How does Paint Thinner break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Paint Thinner Annual Sales 2018-2029
2.1.2 World Current & Future Analysis for Paint Thinner by Geographic Region, 2018, 2022 & 2029
2.1.3 World Current & Future Analysis for Paint Thinner by Country/Region, 2018, 2022 & 2029
2.2 Paint Thinner Segment by Type
2.2.1 Mineral Spirits
2.2.2 Acetone
2.2.3 Turpentine
2.2.4 Naphtha
2.2.5 Toluene
2.2.6 Methyl Ethyl Ketone (MEK)
2.2.7 Dimethylformamide (DMF)
2.2.8 2-Butoxyethanol
2.2.9 Others
2.3 Paint Thinner Sales by Type
2.3.1 Global Paint Thinner Sales Market Share by Type (2018-2023)
2.3.2 Global Paint Thinner Revenue and Market Share by Type (2018-2023)
2.3.3 Global Paint Thinner Sale Price by Type (2018-2023)
2.4 Paint Thinner Segment by Application
2.4.1 Epoxy Paint Thinner
2.4.2 Alkyd Paint Thinner
2.4.3 Polyurethane Paint Thinner
2.4.4 Acrylic Paint Thinner
2.4.5 Others
2.5 Paint Thinner Sales by Application
2.5.1 Global Paint Thinner Sale Market Share by Application (2018-2023)
2.5.2 Global Paint Thinner Revenue and Market Share by Application (2018-2023)
2.5.3 Global Paint Thinner Sale Price by Application (2018-2023)
3 Global Paint Thinner by Company
3.1 Global Paint Thinner Breakdown Data by Company
3.1.1 Global Paint Thinner Annual Sales by Company (2018-2023)
3.1.2 Global Paint Thinner Sales Market Share by Company (2018-2023)
3.2 Global Paint Thinner Annual Revenue by Company (2018-2023)
3.2.1 Global Paint Thinner Revenue by Company (2018-2023)
3.2.2 Global Paint Thinner Revenue Market Share by Company (2018-2023)
3.3 Global Paint Thinner Sale Price by Company
3.4 Key Manufacturers Paint Thinner Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Paint Thinner Product Location Distribution
3.4.2 Players Paint Thinner Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Paint Thinner by Geographic Region
4.1 World Historic Paint Thinner Market Size by Geographic Region (2018-2023)
4.1.1 Global Paint Thinner Annual Sales by Geographic Region (2018-2023)
4.1.2 Global Paint Thinner Annual Revenue by Geographic Region (2018-2023)
4.2 World Historic Paint Thinner Market Size by Country/Region (2018-2023)
4.2.1 Global Paint Thinner Annual Sales by Country/Region (2018-2023)
4.2.2 Global Paint Thinner Annual Revenue by Country/Region (2018-2023)
4.3 Americas Paint Thinner Sales Growth
4.4 APAC Paint Thinner Sales Growth
4.5 Europe Paint Thinner Sales Growth
4.6 Middle East & Africa Paint Thinner Sales Growth
5 Americas
5.1 Americas Paint Thinner Sales by Country
5.1.1 Americas Paint Thinner Sales by Country (2018-2023)
5.1.2 Americas Paint Thinner Revenue by Country (2018-2023)
5.2 Americas Paint Thinner Sales by Type
5.3 Americas Paint Thinner Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Paint Thinner Sales by Region
6.1.1 APAC Paint Thinner Sales by Region (2018-2023)
6.1.2 APAC Paint Thinner Revenue by Region (2018-2023)
6.2 APAC Paint Thinner Sales by Type
6.3 APAC Paint Thinner Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Paint Thinner by Country
7.1.1 Europe Paint Thinner Sales by Country (2018-2023)
7.1.2 Europe Paint Thinner Revenue by Country (2018-2023)
7.2 Europe Paint Thinner Sales by Type
7.3 Europe Paint Thinner Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Paint Thinner by Country
8.1.1 Middle East & Africa Paint Thinner Sales by Country (2018-2023)
8.1.2 Middle East & Africa Paint Thinner Revenue by Country (2018-2023)
8.2 Middle East & Africa Paint Thinner Sales by Type
8.3 Middle East & Africa Paint Thinner Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Paint Thinner
10.3 Manufacturing Process Analysis of Paint Thinner
10.4 Industry Chain Structure of Paint Thinner
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Paint Thinner Distributors
11.3 Paint Thinner Customer
12 World Forecast Review for Paint Thinner by Geographic Region
12.1 Global Paint Thinner Market Size Forecast by Region
12.1.1 Global Paint Thinner Forecast by Region (2024-2029)
12.1.2 Global Paint Thinner Annual Revenue Forecast by Region (2024-2029)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Paint Thinner Forecast by Type
12.7 Global Paint Thinner Forecast by Application
13 Key Players Analysis
13.1 AkzoNobel
13.1.1 AkzoNobel Company Information
13.1.2 AkzoNobel Paint Thinner Product Portfolios and Specifications
13.1.3 AkzoNobel Paint Thinner Sales, Revenue, Price and Gross Margin (2018-2023)
13.1.4 AkzoNobel Main Business Overview
13.1.5 AkzoNobel Latest Developments
13.2 BASF
13.2.1 BASF Company Information
13.2.2 BASF Paint Thinner Product Portfolios and Specifications
13.2.3 BASF Paint Thinner Sales, Revenue, Price and Gross Margin (2018-2023)
13.2.4 BASF Main Business Overview
13.2.5 BASF Latest Developments
13.3 PPG
13.3.1 PPG Company Information
13.3.2 PPG Paint Thinner Product Portfolios and Specifications
13.3.3 PPG Paint Thinner Sales, Revenue, Price and Gross Margin (2018-2023)
13.3.4 PPG Main Business Overview
13.3.5 PPG Latest Developments
13.4 Sherwin-Williams
13.4.1 Sherwin-Williams Company Information
13.4.2 Sherwin-Williams Paint Thinner Product Portfolios and Specifications
13.4.3 Sherwin-Williams Paint Thinner Sales, Revenue, Price and Gross Margin (2018-2023)
13.4.4 Sherwin-Williams Main Business Overview
13.4.5 Sherwin-Williams Latest Developments
13.5 CMP
13.5.1 CMP Company Information
13.5.2 CMP Paint Thinner Product Portfolios and Specifications
13.5.3 CMP Paint Thinner Sales, Revenue, Price and Gross Margin (2018-2023)
13.5.4 CMP Main Business Overview
13.5.5 CMP Latest Developments
13.6 Axalta
13.6.1 Axalta Company Information
13.6.2 Axalta Paint Thinner Product Portfolios and Specifications
13.6.3 Axalta Paint Thinner Sales, Revenue, Price and Gross Margin (2018-2023)
13.6.4 Axalta Main Business Overview
13.6.5 Axalta Latest Developments
13.7 Nippon Paint
13.7.1 Nippon Paint Company Information
13.7.2 Nippon Paint Paint Thinner Product Portfolios and Specifications
13.7.3 Nippon Paint Paint Thinner Sales, Revenue, Price and Gross Margin (2018-2023)
13.7.4 Nippon Paint Main Business Overview
13.7.5 Nippon Paint Latest Developments
13.8 Jotun
13.8.1 Jotun Company Information
13.8.2 Jotun Paint Thinner Product Portfolios and Specifications
13.8.3 Jotun Paint Thinner Sales, Revenue, Price and Gross Margin (2018-2023)
13.8.4 Jotun Main Business Overview
13.8.5 Jotun Latest Developments
13.9 Henkel
13.9.1 Henkel Company Information
13.9.2 Henkel Paint Thinner Product Portfolios and Specifications
13.9.3 Henkel Paint Thinner Sales, Revenue, Price and Gross Margin (2018-2023)
13.9.4 Henkel Main Business Overview
13.9.5 Henkel Latest Developments
13.10 Kansai
13.10.1 Kansai Company Information
13.10.2 Kansai Paint Thinner Product Portfolios and Specifications
13.10.3 Kansai Paint Thinner Sales, Revenue, Price and Gross Margin (2018-2023)
13.10.4 Kansai Main Business Overview
13.10.5 Kansai Latest Developments
13.11 Hempel
13.11.1 Hempel Company Information
13.11.2 Hempel Paint Thinner Product Portfolios and Specifications
13.11.3 Hempel Paint Thinner Sales, Revenue, Price and Gross Margin (2018-2023)
13.11.4 Hempel Main Business Overview
13.11.5 Hempel Latest Developments
13.12 KCC
13.12.1 KCC Company Information
13.12.2 KCC Paint Thinner Product Portfolios and Specifications
13.12.3 KCC Paint Thinner Sales, Revenue, Price and Gross Margin (2018-2023)
13.12.4 KCC Main Business Overview
13.12.5 KCC Latest Developments
13.13 3M
13.13.1 3M Company Information
13.13.2 3M Paint Thinner Product Portfolios and Specifications
13.13.3 3M Paint Thinner Sales, Revenue, Price and Gross Margin (2018-2023)
13.13.4 3M Main Business Overview
13.13.5 3M Latest Developments
14 Research Findings and Conclusion