The global Caustic Type Paint Remover Market size was significantly robust in 2021 and is expected to register a rapid revenue CAGR during the forecast period. Market revenue growth is primarily driven by increasing development in construction and infrastructure, thorough cleaning requirements for furniture and color removal from automobiles.
Paint remover, also known as paint stripper, is a chemical substance that is used to remove color pigments, finishes, and coatings while also cleaning surface underneath by penetrating its layers to break its bond by swelling it to increase its volume and weaken its adhesion. It is used for coating a variety of materials including automobiles, buildings, and furniture, amongst others owing to its functional benefits such as operating in a few minutes. Thick layering of different varieties effectively works for both horizontal and vertical surfaces, making it more applicable. It clears the area of waste and particles, which makes working further over the surface easier and simpler. It also removes things, such as dust, dirt, damaged surfaces, breaking paint coats, and stained and smudged surfaces, which are a huge impediment before a fresh layer is applied giving the region a smooth and flawless finish with no change in texture and color of applied coating. Furthermore, it is more accessible with a higher capability to remove numerous coats altogether and is also effective for different varieties including lead-based and water-based paints, which increases its demand.
Top Companies Operating in the Global Caustic Type Paint Remover Market:
- Asian paints (India)
- Nippon Paint Holdings Co., Ltd. (Japan)
- 3M (U.S.)
- Henkel AG & Co. KGaA (Germany)
- PPG Industries, Inc. (U.S.)
- Akzo Nobel N.V. (Netherlands)
- Franmar (U.S.)
- United Gilsonite Laboratories (U.S.)
- EZ Strip Inc. (Canada)
- Sunnyside (U.S.)
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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
Rising demand for product in furniture cleaning owing to its effectiveness in thorough polishing is a key factor driving revenue growth of the market. Its extensive use is owing to its capability to take off most finishes, particularly in getting rid of heavy coats of varnish on wooden chairs, tables, and cabinets. It is also excellent for eliminating intricate moldings in corners, which are difficult to remove otherwise. Furthermore, it can be used on diverse materials including plaster, stone, and metal, making it a favored option. It works effectively without harming metal underneath or distorting structure, which escalates its usage and drive revenue growth of the market during the forecast period.
Table of Contents:
1. Report Overview
1.1 Research Scope
1.2 Key Caustic Type Paint Remover Market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline
2. Global Growth Trends
2.1 Global Caustic Type Paint Remover Market size
2.2 Latest regional market trends
2.3 Emerging growth trends
3. Competitive Outlook
3.1 Global Caustic Type Paint Remover Market key players
3.2 Global Paint Remover size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Caustic Type Paint Remover Market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Key Regional Markets Covered in the Report:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Caustic Type Paint Remover Market Segmentation
Type Outlook (Revenue, USD Billion; 2019-2030)
- Solvent Type
- Caustic Type
- Acidic Type
Application Outlook (Revenue, USD Billion; 2019-2030)
- Vehicle Maintenance
- Industrial Repair
- Building Renovation
- Furniture Refinishing
- Others
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