United States (USA) Solvent Borne Coatings Market Research Report, 2028

The vast market for solvent borne coatings in the United States, a dynamic and ever-changing environment that epitomizes professionalism, inventiveness, and industrial prowess. A symphony of solvents harmonies with a variety of cutting-edge technologies in this intriguing environment where chemistry and creativity collide to produce coatings of remarkable quality and tenacity. The Solvent Borne Coating market, which serves a wide variety of industries including automotive, aerospace, construction, and electronics, is a pillar of the American manufacturing industry. The Solvent Borne Coating market in the United States continues to be at the forefront of technological advancement with an uncompromising focus on quality and performance. Manufacturers make sure that their coatings offer exceptional protection, corrosion resistance, and aesthetic appeal through painstaking formulation and thorough testing, enabling their clients to attain unmatched outcomes. According to the research report "United States Solvent Borne Coating Market Research Report, 2028," published by Actual Market Research, The United States Solvent Borne Coating market is expected to add more than 516 Million by 2023-2028. In the US, projects to build infrastructure benefit greatly from solvent-borne coatings. Solvent borne coatings offer durable defence against corrosion, weathering, and wear on a variety of surfaces, including concrete surfaces in buildings and highways as well as steel structures like bridges and pipelines. Technology developments have been accepted by the US solvent borne coating market to improve performance and application effectiveness. The creation of high-solid coatings, two-component systems, and enhanced curing procedures are examples of innovations that have decreased drying periods and increased production. Environmental concerns have led to increased scrutiny of the solvent-borne coating business in the US. The amounts of volatile organic compounds (VOCs) in formulations have been significantly reduced by manufacturers in order to comply with standards. This prompted the creation of low-VOC solvent based paints, which provide ecologically responsible options without sacrificing performance. The market for solvent-borne coatings in the United States is characterised by the existence of a number of prominent players who have a big impact on the development and innovation of the sector. Popular businesses including PPG Industries, Sherwin-Williams Company, Axalta Coating Systems, RPM International Inc., Akzo Nobel N.V., Benjamin Moore & Co., Hempel A/S, Nippon Paint Holdings Co., Ltd., Kansai Paint Co., Ltd., and Valspar Corporation are among these industry leaders. These key players are driving the market forward with their deep industry knowledge, state-of-the-art equipment, and broad product lines. They provide a wide range of solvent borne coating solutions designed to satisfy the exacting requirements of numerous industries, including automotive, aerospace, building, and industrial applications. In order to meet the demand around the world, the US exports solvent-borne coatings in large quantities. The US produces high-quality coatings that are in high demand on numerous worldwide markets, which helps the nation's trade balance and economic expansion.

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Solvent borne coatings find extensive usage across various industries in the US market, but they are predominantly used in the automotive sector. Within the automotive industry, solvent borne coatings are widely employed for automotive refinishing purposes. These coatings offer exceptional adhesion, durability, and a glossy finish, making them ideal for enhancing the appearance and protecting the exterior surfaces of vehicles. From cars and trucks to motorcycles and recreational vehicles, solvent borne coatings provide a protective layer that guards against corrosion, UV radiation, and environmental elements, ensuring the longevity and aesthetic appeal of automotive finishes. Additionally, solvent borne coatings are also utilized in other sectors such as aerospace, marine, industrial machinery, and architectural applications, where their superior performance and durability are essential. Alkyd resin is the most widely used resin type in the US solvent-borne coating market. It has good adhesion, durability, and adaptability, making it suitable for a variety of surfaces. It also offers high weather resistance, UV defence, and surface hardness to ensure long-lasting performance and aesthetically pleasing appearance. Alkyd resin-based solvent borne coatings are also used in the furniture and automobile restoration industries. Advanced solvent-borne coatings with improved corrosion protection qualities have been developed as a result of ongoing research and development activities. These coatings make use of cutting-edge formulations that include corrosion inhibitors and additives that offer the best resistance to rust, moisture, and chemical exposure. These advancements have benefited the automotive, industrial, and maritime industries in particular. Industry 4.0 ideas and the integration of digital technologies are also being seen in the solvent-borne coating sector. This includes automating procedures, monitoring quality, and enabling predictive maintenance through the use of data analytics, IoT (Internet of Things), and automation. Manufacturers may more easily adapt to client demands, increase product consistency, and optimize processes thanks to digitalization. High-solid coatings include benefits such faster film development, lower VOC emissions, and faster drying times, which all help to increase output and sustain the environment. Government regulations play a vital role in shaping the solvent borne coating market in the US. The EPA and state regulatory agencies enforce strict rules to control the emission of volatile organic compounds (VOCs) and hazardous air pollutants (HAPs). The Clean Air Act (CAA) and related amendments have set emission standards for various industries, including coating operations. To meet these regulations, manufacturers have invested in research and development to formulate low-VOC and HAPs-compliant solvent borne coatings, leading to the development of more environmentally friendly options. Authorized organizations and certifications, like the American Coatings Association (ACA), Green Seal, and GREENGUARD, control and direct the solvent-borne coating market in the US. These certifications give customers and company’s peace of mind that solvent-borne coatings are safe and responsible for the environment. The solvent borne coating market in the US is complemented by various industry events and expos. One prominent event is the American Coatings Show, organized by the American Coatings Association (ACA). Additionally, industry-specific events like the International Autobody Congress & Exposition (NACE) and the International Woodworking Fair (IWF) showcase solvent borne coatings within the automotive and woodworking sectors. These events serve as catalysts for business growth, product launches, and industry advancements, allowing professionals to stay informed and engaged in the dynamic solvent borne coating market. Industry groups and certifications offer advice and guarantee adherence to standards. Expos and events for the industry are excellent venues for networking, knowledge sharing, and presenting the most recent innovations. The solvent borne coating market in the US is dedicated to meeting consumer demands, enhancing sustainability, and spearheading technological developments to provide a more promising future for the sector and the applications it supports.

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Kripa Shah

Senior Analyst

Considered in this report: • Geography: United States • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report: • United States Solvent Borne Coatings Market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Application Type: • Architectural • Industrial

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By Resin Type: • Acrylic • Alkyd • Epoxy • Polyester • Polyurethane • Fluoropolymers • Vinyl • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. We have started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to solvent borne coatings industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.