Thinners and Paint Strippers

Thinners and Paint Strippers Market Outlook

The global thinners and paint strippers market is projected to reach approximately USD 7.5 billion by 2035, growing at a CAGR of about 4.5% from 2025 to 2035. This growth is largely driven by the booming construction and automotive industries, particularly in emerging markets where infrastructural development is a priority. Additionally, the increasing consumer preference for home improvement and renovation projects has significantly spurred demand for thinners and paint strippers. The ongoing trend of eco-friendliness and sustainability is also influencing the market, as manufacturers are increasingly developing products that are less harmful to the environment and human health. Overall, the rising industrialization and urbanization across various regions are expected to propel the market growth in the foreseeable future.

Growth Factor of the Market

The thinners and paint strippers market is experiencing robust growth driven by several factors. One of the primary contributors is the rising demand in the automotive sector, where thinners are essential for surface preparation and paint application. In addition, the construction and renovation industries have been expanding, particularly in regions experiencing rapid urbanization, leading to increased consumption of paints and the accompanying thinners. Furthermore, environmental regulations are pushing manufacturers to innovate and develop safer, low-VOC (volatile organic compounds) formulations, which cater to the growing consumer preference for eco-friendly products. Moreover, the trend toward DIY home improvement projects, fueled by the accessibility of information and resources, has also boosted the market for thinners and paint strippers, making these products more readily available to a wider audience.

Key Highlights of the Market

• The market is projected to reach USD 7.5 billion by 2035.
• The CAGR from 2025 to 2035 is estimated at around 4.5%.
• Rising demand in the automotive and construction sectors is a major growth driver.
• Increasing focus on eco-friendly and low-VOC formulations is shaping the product offerings.
• The DIY trend in home improvement is expanding the consumer base for thinners and paint strippers.

By Product Type

Solvent-based Thinners:

Solvent-based thinners are widely utilized in various applications due to their effectiveness in reducing viscosity and facilitating smooth application of paints and coatings. These thinners primarily consist of organic solvents like toluene, xylene, and acetone, which help dissolve solid particles, thereby enhancing the flow and leveling of the paint. The increasing demand for high-performance coatings in industrial and automotive applications is propelling the growth of solvent-based thinners. However, concerns regarding the health hazards associated with prolonged exposure to volatile organic compounds (VOCs) have led to a gradual shift towards more environmentally friendly alternatives. Nevertheless, solvent-based thinners continue to dominate the market due to their effectiveness and versatility.

Water-based Thinners:

Water-based thinners are gaining popularity in the thinners and paint strippers market as they offer a safer alternative to traditional solvent-based products. Comprising a blend of water and various additives, these thinners are known for their lower levels of VOCs, making them more environmentally friendly and suitable for indoor applications. The growing emphasis on sustainable practices and stringent regulations governing VOC emissions have propelled the demand for water-based thinners, especially among consumers seeking safer options for home improvement projects. Additionally, water-based thinners provide excellent cleaning properties and are compatible with a wide range of paints, further contributing to their appeal in both residential and commercial sectors.

Bio-based Thinners:

Bio-based thinners represent a niche segment within the thinners market that leverages renewable raw materials derived from natural sources. The increasing awareness surrounding environmental sustainability has bolstered the demand for bio-based products, as they generally contain fewer harmful chemicals and lower VOC levels compared to traditional thinners. These products are particularly popular among eco-conscious consumers and industries aiming to reduce their carbon footprint. The bio-based thinners market is anticipated to witness significant growth as manufacturers continue to innovate and develop formulations that meet stringent environmental standards while maintaining performance efficacy.

Caustic-based Paint Strippers:

Caustic-based paint strippers utilize alkaline substances, often comprising sodium hydroxide, to effectively break down and remove layers of paint from various surfaces. These strippers are particularly effective on wood and metal surfaces, making them popular in the furniture and automotive industries. As consumers increasingly seek efficient and effective solutions for paint removal, caustic-based paint strippers are gaining traction. However, safety concerns associated with the use of caustic chemicals have led to the development of alternative formulations that offer similar performance with fewer health risks. Thus, while caustic-based paint strippers hold a significant share of the market, manufacturers are tasked with balancing performance and safety to cater to evolving consumer preferences.

Solvent-based Paint Strippers:

Solvent-based paint strippers are formulated with potent organic solvents designed to dissolve and lift paint from surfaces effectively. These products are highly favored in industrial applications due to their rapid action and ability to penetrate multiple layers of paint. The growing demand for efficient and time-saving solutions for paint stripping in sectors such as construction, automotive, and marine is driving the market for solvent-based paint strippers. However, as awareness regarding the environmental and health impacts of traditional solvents increases, manufacturers are focusing on creating formulations with reduced VOCs and improved safety profiles. The ongoing innovation in this segment is expected to foster sustained growth in the coming years.

By Application

Automotive:

The automotive industry is one of the largest consumers of thinners and paint strippers due to the extensive use of coatings in vehicle manufacturing and maintenance. Thinners are essential for preparing surfaces before painting, while paint strippers are utilized for removing old paint and ensuring a smooth finish during repainting processes. As the automotive sector continues to evolve, with a focus on vehicle aesthetics and protection through advanced coatings, the demand for high-quality thinners and strippers is expected to rise. Furthermore, as electric vehicles gain popularity, there is also a growing need for effective surface preparation solutions that cater to the unique needs of electric vehicle manufacturing.

Construction:

In the construction industry, thinners and paint strippers play a pivotal role in various applications, from surface preparation to paint application and removal. The ongoing urbanization and infrastructure development across the globe have significantly boosted the demand for paints and coatings, consequently increasing the need for thinners and strippers. These products are particularly important in the finishing stages of construction projects, where high-quality coatings are essential for aesthetics and durability. As construction activities ramp up in developing regions and renovations in established markets increase, the demand for thinners and paint strippers is projected to grow steadily.

Furniture:

In the furniture sector, thinners and paint strippers are commonly utilized for refinishing and restoring wood surfaces. As consumers seek to improve and personalize their furniture pieces, the demand for effective paint removal solutions rises. Thinners aid in the application of new coatings while ensuring that surfaces are adequately prepared to achieve a flawless finish. Moreover, the trend of upcycling furniture is gaining traction, leading to an increased demand for paint strippers and thinners that allow consumers to transform old furniture into modern pieces. This trend is expected to further stimulate market growth in the furniture application segment.

Marine:

In the marine industry, thinners and paint strippers are vital for maintaining the aesthetics and functionality of boats and ships. Marine coatings are subject to harsh environmental conditions, necessitating regular maintenance and repainting. Thinners are used to thin marine paints and coatings for optimal application, while paint strippers are essential for the removal of old or damaged coatings. As the recreational boating market expands and regulations governing marine coatings become more stringent, the demand for high-performance thinners and strippers is expected to increase. This segment's growth will be driven by the desire for durable coatings that enhance the lifespan of marine vessels.

Industrial:

In various industrial applications, thinners and paint strippers are essential for surface preparation, cleaning, and maintenance of machinery and equipment. Industries such as manufacturing, aerospace, and heavy machinery often require the use of high-quality coatings, leading to a consistent demand for thinners and strippers. As industrial processes evolve and companies prioritize efficiency and quality, the need for effective paint removal and surface preparation solutions becomes paramount. Furthermore, the increasing adoption of automated processes in manufacturing is likely to drive the demand for specialized thinners and strippers that cater to these advanced applications.

By Distribution Channel

Hardware Stores:

Hardware stores serve as one of the primary distribution channels for thinners and paint strippers, providing consumers with easy access to a wide range of products. These stores cater to both professional contractors and DIY enthusiasts, offering an assortment of thinners and paint strippers suited to various applications. The convenience of physical retail locations allows consumers to seek expert advice from store personnel, thereby facilitating informed purchasing decisions. As home improvement projects remain popular, the demand for thinners and paint strippers through hardware stores is likely to continue growing, supported by the increasing diversity of products available in these outlets.

Online Retailers:

The rise of e-commerce has significantly transformed the distribution landscape for thinners and paint strippers, with online retailers gaining substantial market share. Consumers appreciate the convenience and accessibility of purchasing products online, often allowing them to compare prices and read customer reviews. Online platforms also provide an extensive selection of products, enabling customers to find specialized thinners and strippers that may not be available in local stores. As e-commerce continues to expand and consumers increasingly prefer to shop online, the demand for thinners and paint strippers through this channel is expected to increase, driven by promotional offers and direct-to-consumer shipping.

Specialty Stores:

Specialty stores that focus on paints, coatings, and related products represent a critical distribution channel for thinners and paint strippers. These stores often provide a curated selection of high-quality products, catering to professionals and serious hobbyists who seek expert guidance and specialized solutions. The knowledgeable staff in specialty stores can offer valuable insights and recommendations based on the specific needs of customers, enhancing the shopping experience. Additionally, the rise of niche markets concerned with eco-friendly and innovative products has fostered growth in specialty stores, where customers can find a wider variety of sustainable thinners and strippers, further boosting this distribution channel.

Direct Sales:

Direct sales channels, including manufacturers selling directly to consumers or businesses, play a significant role in the thinners and paint strippers market. This distribution method enables manufacturers to establish closer relationships with customers, allowing for a better understanding of their needs and preferences. Additionally, direct sales often result in cost savings, as it eliminates intermediaries and allows manufacturers to offer competitive pricing. As manufacturers focus on tailored marketing strategies to build brand loyalty and enhance customer satisfaction, the direct sales approach is expected to grow, providing consumers with a seamless purchasing experience for thinners and paint strippers.

By Ingredient Type

Acetone:

Acetone is one of the most widely used solvents in thinners and paint strippers due to its excellent solvency properties and rapid evaporation rate. Its effectiveness in dissolving various substances makes it an essential ingredient in many formulations. Acetone is particularly favored in industrial applications where quick drying is required, and it is commonly used in nail polish removers and paint thinners. However, manufacturers are increasingly focusing on minimizing its VOC content to comply with stringent environmental regulations. As a versatile solvent, acetone will continue to play a pivotal role in the thinners and paint strippers market, particularly in formulations aiming for high performance and quick-drying properties.

Xylene:

Xylene is another significant component in thinners and paint strippers, known for its ability to dissolve a wide range of organic compounds. This aromatic hydrocarbon solvent is particularly popular in applications requiring strong degreasing and cleaning properties. Xylene is commonly found in formulations for oil-based paints, varnishes, and adhesives. However, its potential health risks associated with inhalation and skin exposure have prompted manufacturers to explore alternative solvents and formulations with reduced toxicity. Despite these challenges, xylene remains a key ingredient in the thinners and paint strippers market, particularly in industrial applications where performance is paramount.

Ethyl Acetate:

Ethyl acetate is gaining traction as a safer alternative to traditional solvents in thinners and paint strippers due to its lower toxicity and pleasant aroma. This ester solvent is effective in dissolving a variety of resins and polymers, making it suitable for use in both professional and DIY applications. Ethyl acetate's moderate evaporation rate allows for better control during application, while its lower VOC content aligns with the growing demand for environmentally friendly products. As a result, ethyl acetate is becoming increasingly popular in formulations targeting the home improvement and craft markets, contributing to its growth in the overall thinners and paint strippers market.

N-Methylpyrrolidone:

N-Methylpyrrolidone (NMP) is a powerful solvent often utilized in high-performance paint strippers and thinners due to its exceptional ability to dissolve a wide range of substances, including complex polymers. NMP has gained popularity in industrial applications, owing to its effectiveness in removing coatings and adhesives. However, its classification as a substance of very high concern (SVHC) by regulatory agencies has raised concerns about its safety, leading to increased scrutiny and calls for alternative solutions. As the industry continues to evolve, manufacturers are exploring safer substitutes for NMP while striving to maintain the performance advantages it offers in specific applications.

Dibasic Ester:

Dibasic esters are a group of solvents derived from the esterification of dibasic acids, and they are increasingly being incorporated into thinners and paint strippers due to their low toxicity and favorable environmental profile. These solvents exhibit moderate evaporation rates and excellent solvency properties, making them effective in formulating eco-friendly products. Dibasic esters provide a balance of performance and safety, addressing both consumer demand for effective paint removal solutions and the industry's need to comply with stringent regulations. As sustainable practices gain prominence, the use of dibasic esters in thinners and paint strippers is expected to rise, supported by ongoing innovation and research in this area.

By Region

The thinners and paint strippers market is witnessing varying growth trends across different regions. In North America, the market is projected to account for a significant share due to the robust automotive and construction industries. The ongoing investment in infrastructure and residential projects is anticipated to drive demand for thinners and paint strippers, with a CAGR of approximately 4.3% expected over the forecast period. Europe is also expected to contribute substantially to the market, fueled by increasing environmental regulations and a growing preference for eco-friendly products. The presence of key manufacturers and a well-established distribution network further bolster market growth in this region.

In the Asia Pacific region, the thinners and paint strippers market is poised for rapid expansion, driven by the burgeoning construction and automotive sectors, particularly in countries like China and India. The demand for paints and coatings is anticipated to soar as urbanization and industrialization continue to reshape these economies. Latin America and the Middle East & Africa are expected to experience moderate growth, with increasing construction activities and renovation projects contributing to the market. Overall, each region presents unique opportunities and challenges, and manufacturers must tailor their strategies to address the specific needs and preferences of consumers in these markets.

Opportunities

The thinners and paint strippers market presents numerous opportunities for growth and innovation, particularly as consumer preferences shift toward eco-friendliness and sustainability. Manufacturers are increasingly investing in the development of low-VOC and bio-based formulations, which cater to growing environmental concerns while meeting performance standards. This shift towards greener products not only aligns with regulatory requirements but also enhances brand reputation among environmentally conscious consumers. The ongoing trend of DIY home improvement projects further fuels demand for innovative thinners and paint strippers that offer ease of use and effectiveness, creating a conducive environment for companies to launch new and improved products.

Another significant opportunity lies in the increasing adoption of automated and robotic technologies in industrial applications, which necessitate high-performance thinners and strippers for optimal results. As industries become more efficient and focused on quality, there is a growing need for specialized products that can cater to advanced manufacturing processes. Furthermore, expanding distribution channels, particularly through e-commerce platforms, allows manufacturers to reach a broader audience and capitalize on the growing trend of online shopping. By leveraging these opportunities, companies can enhance their market presence and drive growth in the thinners and paint strippers segment.

Threats

The thinners and paint strippers market faces several threats that could impact growth and profitability. One primary concern is the increasing regulatory scrutiny regarding the use of hazardous chemicals and VOCs in various formulations. Stricter environmental regulations can lead to higher production costs and necessitate significant investments in research and development to create compliant products. Additionally, manufacturers may face challenges in sourcing raw materials as regulations around chemical production tighten, which could impact supply chains and pricing strategies. As consumers become more aware of health and safety risks, there is also a growing preference for alternative solutions, which could lead to a decline in demand for traditional thinners and paint strippers.

Moreover, the competitive landscape of the thinners and paint strippers market is becoming increasingly crowded, with numerous players vying for market share. This heightened competition can result in price wars and reduced profit margins, pressuring companies to continually innovate and differentiate their offerings. The rise of alternative technologies and products, such as advanced coatings that do not require thinners or strippers, poses a further threat to traditional market dynamics. To navigate these challenges, manufacturers must remain agile and adaptable, focusing on sustainability and innovation to meet evolving consumer demands.

Competitor Outlook

• BASF SE
• Dow Inc.
• Ecolab Inc.
• Solvay S.A.
• AkzoNobel N.V.
• PPG Industries, Inc.
• Sherwin-Williams Company
• Henkel AG & Co. KGaA
• 3M Company
• Rust-Oleum Corporation
• Valspar Corporation
• Covestro AG
• Eastman Chemical Company
• DuPont de Nemours, Inc.
• H.B. Fuller Company

The competitive landscape of the thinners and paint strippers market is characterized by a diverse array of players ranging from global giants to specialized manufacturers. Major companies such as BASF SE and Dow Inc. are focusing on diversifying their product offerings and investing in research and development to create innovative, environmentally friendly formulas that meet stringent regulations. Additionally, these companies are expanding their global footprint through strategic partnerships and acquisitions, enhancing their market share and competitiveness. The presence of established players provides consumers with a variety of options, contributing to the overall growth and dynamism of the market.

Furthermore, many companies are recognizing the importance of sustainability and are proactively developing eco-friendly alternatives to traditional thinners and paint strippers. For example, Ecolab Inc. has made significant strides in creating formulations with lower VOC levels while maintaining performance standards. Similarly, AkzoNobel N.V. and PPG Industries, Inc. are innovating their product lines to include bio-based and water-based thinners that cater to the growing demand for sustainable products. This trend toward greener solutions is becoming a key differentiator in the competitive landscape, as companies strive to position themselves as leaders in sustainability within the industry.

In addition to product innovation, companies are also focusing on enhancing customer experience through improved service and support. Specialty stores and online retailers are becoming increasingly important distribution channels, and companies are leveraging these platforms to reach consumers directly. For instance, Rust-Oleum Corporation and Valspar Corporation are investing in user-friendly online platforms that facilitate easy purchasing while providing valuable information and resources for consumers seeking guidance on paint and thinner applications. As the market evolves, companies that prioritize customer engagement and education will likely gain a competitive advantage.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 BASF SE
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Dow Inc.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 3M Company
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Covestro AG
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Ecolab Inc.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Solvay S.A.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 AkzoNobel N.V.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 H.B. Fuller Company
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Valspar Corporation
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Henkel AG & Co. KGaA
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 PPG Industries, Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Rust-Oleum Corporation
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 DuPont de Nemours, Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Eastman Chemical Company
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Sherwin-Williams Company
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Thinners and Paint Strippers Market, By Application
    • 6.1.1 Automotive
    • 6.1.2 Construction
    • 6.1.3 Furniture
    • 6.1.4 Marine
    • 6.1.5 Industrial
  • 6.2 Thinners and Paint Strippers Market, By Product Type
    • 6.2.1 Solvent-based Thinners
    • 6.2.2 Water-based Thinners
    • 6.2.3 Bio-based Thinners
    • 6.2.4 Caustic-based Paint Strippers
    • 6.2.5 Solvent-based Paint Strippers
  • 6.3 Thinners and Paint Strippers Market, By Ingredient Type
    • 6.3.1 Acetone
    • 6.3.2 Xylene
    • 6.3.3 Ethyl Acetate
    • 6.3.4 N-Methylpyrrolidone
    • 6.3.5 Dibasic Ester
  • 6.4 Thinners and Paint Strippers Market, By Distribution Channel
    • 6.4.1 Hardware Stores
    • 6.4.2 Online Retailers
    • 6.4.3 Specialty Stores
    • 6.4.4 Direct Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Thinners and Paint Strippers Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Thinners and Paint Strippers market is categorized based on

By Product Type

• Solvent-based Thinners
• Water-based Thinners
• Bio-based Thinners
• Caustic-based Paint Strippers
• Solvent-based Paint Strippers

By Application

• Automotive
• Construction
• Furniture
• Marine
• Industrial

By Distribution Channel

• Hardware Stores
• Online Retailers
• Specialty Stores
• Direct Sales

By Ingredient Type

• Acetone
• Xylene
• Ethyl Acetate
• N-Methylpyrrolidone
• Dibasic Ester

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• BASF SE
• Dow Inc.
• Ecolab Inc.
• Solvay S.A.
• AkzoNobel N.V.
• PPG Industries, Inc.
• Sherwin-Williams Company
• Henkel AG & Co. KGaA
• 3M Company
• Rust-Oleum Corporation
• Valspar Corporation
• Covestro AG
• Eastman Chemical Company
• DuPont de Nemours, Inc.
• H.B. Fuller Company