Paint Stripping Market Growth Analysis, Trends, Key Players, and Forecast 2025-2031
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The Paint Stripping Market encompasses the removal of paint, varnish, and coatings from various surfaces such as metal, wood, masonry, and plastic. This process is essential for surface preparation before refinishing, restoration, or repainting. Industries such as automotive, aerospace, construction, and furniture restoration rely on various stripping methods, including mechanical, chemical, and advanced laser techniques, to meet their operational needs.
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The global paint stripping market was valued at US$ 1.78 billion in 2024 and is projected to reach US$ 2.45 billion by 2030, growing at a CAGR of 5.5% during the forecast period. Factors driving this growth include increasing demand for surface refurbishment, stringent environmental regulations, and technological advancements in stripping techniques. The rising adoption of non-toxic and biodegradable solutions also plays a crucial role in expanding the market.
Competitive Analysis
Key players in the global paint stripping market include:
- Akzo Nobel
- PPG Industries
- Henkel
- 3M
Market Segmentation (By Application)
- Vehicle Maintenance (Largest Market Share)
- Industrial Repairs
- Building Renovation
- Furniture Refinishing
Market Segmentation (By Type)
- Solvent-Based (Dominant Market Share)
- Caustic-Based
- Acidic-Based