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Paint Stripper Market Size & Growth Outlook: Future Insights
Home / Report Store / Chem-Tech and Advanced Materials / Paint Stripper Market Research Report 2024

Paint Stripper Market Research Report 2024

Paint Stripper Market Global Industry Analysis and Forecast (2024-2032) by Type (Solvent Type, Caustic Type, Acidic Type), Packaging Type (Bucket, Drum, Can, Plastic Bottle, Jerry Bottle), Grade (Industrial Grade, Technical Grade, Commercial Grade), Application (Vehicle Maintenance, Aerospace, Building Renovation, Furniture Refinishing, Industrial Repairs), End-Use Industry (Aerospace, Automotive, Marine, Oil and gas, Packaging, Others) and Region

Published date: Mar 2025 Report ID: 345 Number of Pages: 240
Format:

Paint Stripper Market Synopsis

Paint Stripper Market Size Was Valued at USD 1.32 Billion in 2023, and is Projected to Reach USD 2.45 Billion by 2032, Growing at a CAGR of 7.1% From 2024-2032.

The paint stripping includes a variety of products and services that are specifically made to efficiently and safely remove paint, coatings, and finishes from different surfaces. Paint removers commonly use chemical compositions, heat, abrasives, or mechanical techniques to remove paint without harming the surface underneath.These items are commonly utilized in various sectors including automotive restoration, industrial equipment refurbishment, and home improvement. Chemical paint removers are widely used because they efficiently strip multiple layers of paint with little effort.They are preferred to mechanical techniques such as sanding, as sanding can produce dust and potentially damage surfaces. Additionally, chemical paint removers are appreciated for their capability to safely remove lead-based paints, which is important for meeting environmental and safety standards.

A range of paint stripping products are available in the market, offering different formulations to meet various requirements, from powerful solutions for industrial purposes to milder choices for home use. Water-based and solvent-based strippers are the top choices for consumers, providing non-toxic options and strong solutions, respectively.In industrial environments, paint removal is crucial in renovating and reusing parts, cutting production expenses by reusing materials, and prolonging the life of machinery. This is especially important in industries where maintaining the integrity of surfaces and materials is crucial.Environmental issues and policies are still influencing the paint removal market, prompting the development of safer and more eco-friendly products. As more people become informed about the health risks of using traditional chemical strippers, there is a rising need for environmentally safe options that reduce VOC emissions and toxicity.

Top Active Players:

3M (United States), PPG Industries (United States), Franmar (United States), EZ Strip Inc (Canada), Green Products (United States), Henkelna (United States), Franmar Chemical (United States), PPG (PPG Aerospace) (United States), United Gilsonite Labs (United States), Formbys (United States), Fiberlock Technologies (United States), RPM International Inc. (United States), Akzo Nobel N.V. (Netherlands), Henkel AG & Co. KGaA (Germany), Nippon Paint Holdings Co., Ltd. (Japan), Asian Paints Limited (India), Kimetsan (Turkey), Changsha Guterui (China), Rust-Oleum (United States), Absolute Coatings (United States), Dumond (United States), Sherwin-Williams (United States), Jasco (United States), Tri-State Fabricators, Inc. (United States), Sunnyside (United States) and Other Active Players

Paint Stripper Market Segment Analysis:

Paint Stripper Market Segmented based on Type, Packaging Type, Grade, Application, and End-users.

By Type, the Solvents Type segment is expected to dominate the market during the forecast period.

  • The solvents type segment is a key player in the paint stripper market because of its efficient chemical properties that aid in removing paint from different surfaces. Solvent-based paint removers usually include strong substances like methylene chloride, acetone, or NMP (N-Methyl-2-pyrrolidone) that effectively dissolve layers of paint.
  • Solvent-based paint strippers are mostly favored due to their quick performance and efficiency in eliminating numerous layers of paint. They are commonly utilized in industrial and residential environments for heavy-duty paint removal. Nonetheless, the robust chemical makeup of these products also brings about environmental and health issues, prompting regulations and a shift in consumer preferences towards safer options.
  • Although there is increasing recognition and regulatory demand for less toxic options such as bio-based or water-based paint removers, solvent-based products remain popular because of their exceptional efficiency, particularly for removing challenging coatings like epoxy or polyurethane. To maintain efficiency, manufacturers are striving to create safer products by incorporating environmental factors into their innovative designs.
  • The future of the market is expected to witness ongoing development towards safer, environmentally friendly paint removal options due to changes in regulations and consumer preference for products that provide effective results with reduced environmental and health hazards.

By Application, the Industrial repairs segment held the largest share of 47.98% in 2023

  • Industrial repairs are a prominent segment in the paint stripper market because they are widely utilized in different industries. Paint strippers are commonly used by industrial facilities, manufacturing plants, and automotive repair shops to efficiently remove old coatings.
  • The need for industrial-grade paint removers is fueled by their capacity to deal with challenging coatings like epoxy, polyurethane, and other industrial paints. These items are designed to work quickly and efficiently, cutting down on time and labor expenses in industrial environments where delays are crucial. Companies in this industry are always coming up with new ideas to comply with strict environmental laws and keep up with high-performance requirements.
  • Major participants in the industrial repairs sector of the paint stripper market consist of global chemical corporations and specific producers that prioritize providing solutions that adhere to industrial safety regulations and environmental guidelines. These businesses frequently offer various products designed for specific industrial uses, guaranteeing compatibility with various surfaces and types of paints.
  • With industries increasingly focusing on sustainability and adhering to regulations, the emphasis has shifted to developing paint-stripping solutions that are safer for the environment. Companies are dedicating resources to developing formulas that reduce harm to the environment while maintaining effectiveness, which is driving advancements in the industrial repair sector of the paint stripper industry.

Paint Stripper Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast Period

  • North America is at the forefront of the Paint Stripper Market due to strong demand and widespread use in multiple industries. Its control is highlighted by the significant presence of major stakeholders and a firmly established infrastructure catering to industrial requirements.
  • The automotive, construction, and manufacturing industries have a big impact on the demand for paint strippers in the United States and Canada. Efficient paint removal solutions are needed in these sectors to uphold operational efficiency and comply with regulations. Also, North America's focus on technological progress and research helps in creating high-quality, environmentally-friendly paint removal products.
  • Increasing consumer awareness of the environmental impacts of chemical products is also driving the market's growth, leading manufacturers to develop bio-based and low-VOC formulations. This change is in line with worldwide movements towards more environmentally friendly options, creating a competitive environment where innovation is crucial for expanding market share.
  • The strong presence of North America in the Paint Stripper Market is a result of its commitment to environmental sustainability, advancements in technology, and high demand from various industries.

Active Key Players in the Paint Stripper Market

  • 3M (United States)
  • PPG Industries (United States)
  • Franmar (United States)
  • EZ Strip Inc (Canada)
  • Green Products (United States)
  • Henkelna (United States)
  • Franmar Chemical (United States)
  • PPG (PPG Aerospace) (United States)
  • United Gilsonite Labs (United States)
  • Formbys (United States)
  • Fiberlock Technologies (United States)
  • RPM International Inc. (United States)
  • Akzo Nobel N.V. (Netherlands)
  • Henkel AG & Co. KGaA (Germany)
  • Nippon Paint Holdings Co., Ltd. (Japan)
  • Asian Paints Limited (India)
  • Kimetsan (Turkey)
  • Changsha Guterui (China)
  • Rust-Oleum (United States)
  • Absolute Coatings (United States)
  • Dumond (United States)
  • Sherwin-Williams (United States)
  • Jasco (United States)
  • Tri-State Fabricators, Inc. (United States)
  • Sunnyside (United States) and Other Active Players

Key Industry Developments in the Paint Stripper Market:

In February 2024, Socomore proudly announced that SOCOSTRIP A0212 SR, its new acid-activated gel paint stripper, was approved by Airbus under the reference CML09CBB1. This paint stripper was dedicated to MRO operations, aiding in achieving their objectives such as process control, lead time management, reactivity, operational efficiency, and ensuring environmental and operator safety.

In December 2023, Nippon Paint announced the completion of its acquisition of VIBGYOR Paints and Chemicals, a major supplier of paints and coatings based in South India. This strategic move strengthens Nippon Paint's market presence in the region, allowing it to expand its product offerings and customer base. With this acquisition, Nippon Paint aims to leverage VIBGYOR's established distribution network and local market knowledge to enhance its competitive edge in the vibrant South Indian market.

Paint Stripper Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 1.32 Bn.

Forecast Period 2024-32 CAGR:

7.1 %

Market Size in 2032:

USD 2.45 Bn.

Segments Covered:

By Type

  • Solvent Type
  • Caustic Type
  • Acidic Type

By Packaging Type

  • Bucket
  • Drum
  • Can
  • Plastic Bottle
  • Jerry Bottle

By Grade

  • Industrial Grade
  • Technical Grade
  • Commercial Grade

By Application

  • Vehicle Maintenance
  • Aerospace
  • Building Renovation
  • Furniture Refinishing
  • Industrial Repairs

By End-User

  • Aerospace
  • Automotive
  • Marine
  • Oil and gas

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing Energy Demand

Key Market Restraints:

  • Strict Environmental Regulations

Key Opportunities:

  • Innovations in Paint-Stripping Technologies

Companies Covered in the report:

  • 3M (United States), PPG Industries (United States), Franmar (United States), EZ Strip Inc (Canada), Green Products (United States), and Other Major Players.

Chapter 1: Introduction

 1.1 Scope and Coverage



Chapter 2:Executive Summary



Chapter 3: Market Landscape

 3.1 Market Dynamics

  3.1.1 Drivers

  3.1.2 Restraints

  3.1.3 Opportunities

  3.1.4 Challenges

 3.2 Market Trend Analysis

 3.3 PESTLE Analysis

 3.4 Porter's Five Forces Analysis

 3.5 Industry Value Chain Analysis

 3.6 Ecosystem

 3.7 Regulatory Landscape

 3.8 Price Trend Analysis

 3.9 Patent Analysis

 3.10 Technology Evolution

 3.11 Investment Pockets

 3.12 Import-Export Analysis



Chapter 4: Paint Stripper Market by By Type

 4.1 Paint Stripper Market Snapshot and Growth Engine

 4.2 Paint Stripper Market Overview

 4.3 Solvent Type

  4.3.1 Introduction and Market Overview

  4.3.2 Historic and Forecasted Market

Frequently Asked Questions

What would be the forecast period in the Paint Stripper Market research report?

The forecast period in the Paint Stripper Market research report is 2024-2032.

Who are the key players in the Paint Stripper Market?

3M (United States), PPG Industries (United States), Franmar (United States), EZ Strip Inc (Canada), Green Products (United States), Henkelna (United States), Franmar Chemical (United States), PPG (PPG Aerospace) (United States), United Gilsonite Labs (United States), Formbys (United States), Fiberlock Technologies (United States), RPM International Inc. (United States), Akzo Nobel N.V. (Netherlands), Henkel AG & Co. KGaA (Germany), Nippon Paint Holdings Co., Ltd. (Japan), Asian Paints Limited (India), Kimetsan (Turkey), Changsha Guterui (China), Rust-Oleum (United States), Absolute Coatings (United States), Dumond (United States), Sherwin-Williams (United States), Jasco (United States), Tri-State Fabricators, Inc. (United States), Sunnyside (United States) and Other Active Players.

What are the segments of the Paint Stripper Market?

The Paint Stripper Market is segmented into Type, Packaging Type, Grade, Application, End-User, and region. By Type, the market is categorized into Solvent Type, Caustic Type, and Acidic Type. By Packaging Type, the market is categorized into Buckets, Drums, Cans, Plastic bottles, and Jerry bottles. By Grade, the market is categorized into Industrial Grade, Technical Grade, and Commercial Grade. By Application, the market is categorized into Vehicle Maintenance, Aerospace, Building Renovation, Furniture Refinishing, and Industrial Repairs. By End-User, the market is categorized into Aerospace, Automotive, Marine, Oil and gas, Packaging, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Paint Stripper Market?

The paint stripping includes a variety of products and services that are specifically made to efficiently and safely remove paint, coatings, and finishes from different surfaces. Paint removers commonly use chemical compositions, heat, abrasives, or mechanical techniques to remove paint without harming the surface underneath. These items are commonly utilized in various sectors including automotive restoration, industrial equipment refurbishment, and home improvement. Chemical paint removers are widely used because they efficiently strip multiple layers of paint with little effort.

How big is the Paint Stripper Market?

Paint Stripper Market Size Was Valued at USD 1.32 Billion in 2023, and is Projected to Reach USD 2.45 Billion by 2032, Growing at a CAGR of 7.1 % From 2024-2032.

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Report ID: 345

Published Date: 2025-03-26

Number of Pages: 240

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Akshay Patil