コーティング溶剤市場レポート：動向、予測、競合分析 (2031年まで)

世界のコーティング溶剤の市場の将来は、建築用コーティング、家具用コーティング、自動車用コーティング、航空宇宙用コーティングの各市場における機会で有望視されています。コーティング溶剤の世界市場は、2025年から2031年にかけてCAGR 4.3%で成長すると予想されます。この市場の主な促進要因は、建設分野と自動車分野の成長、溶剤技術と配合技術の進歩、水性塗料とハイソリッド塗料への傾向の高まりです。

• Lucintelでは、種類別では石油化学ベースが予測期間中に高い成長を遂げると予測しています。
• 地域別では、アジア太平洋が予測期間中に最も高い成長が見込まれます。

コーティング溶剤市場の戦略的成長機会

コーティング溶剤市場は、さまざまな産業分野の進歩によって多くの成長機会がもたらされています。自動車から建設まで、企業は高性能で持続可能な溶剤の需要を活用しています。用途別の主な成長機会は以下の通り：

• 自動車産業：自動車産業の成長により、低VOCで高性能なコーティング剤への需要が高まっています。軽量化された自動車部品には、厳しい環境基準を満たしながら耐久性と美観を向上させる高度なコーティング溶剤が必要です。
• 建設業界：新興国におけるインフラプロジェクトの拡大が、天候条件から長期間保護する溶剤の需要を押し上げています。この分野では、水性塗料が特に人気を集めています。
• 航空宇宙用途：航空宇宙分野では、過酷な条件に耐える耐久性の高い塗料が求められています。耐食性と耐摩耗性を高める溶剤技術は、特に防衛用途で需要が増加しています。
• 産業機器：製造業では、機器の寿命を向上させ、メンテナンスコストを削減する高度なコーティングが採用されています。ヘビーデューティー用途に特化した溶剤技術は、この分野での成長機会となります。
• 包装業界：包装業界は環境に優しいコーティングに注力しており、バイオベースやリサイクル可能な溶剤の需要を牽引しています。UV硬化型塗料も、硬化時間の速さと環境負荷の低さから人気を集めています。

このような機会がコーティング溶剤市場の将来を形成し、複数の業界にわたる革新と持続可能性を促進しています。

コーティング溶剤市場の促進要因・課題

コーティング溶剤市場は、技術の進歩、経済状況、規制の枠組みが複雑に絡み合って影響を受けています。業界の成長は持続可能性への取り組みが原動力である一方、法規制の遵守と原料コストが大きな課題となっています。

コーティング溶剤市場を牽引する要因には、以下のようなものがある：

• 環境規制：環境規制：世界の排出基準の厳格化により、各企業は低VOCで環境に優しい溶剤の開発を進めており、市場開拓の原動力となっています。
• 自動車産業の拡大：軽量で低燃費の自動車に対する需要の高まりが、高性能溶剤を使用した高度なコーティングの必要性を高めています。
• 技術革新：UV硬化型塗料や水系塗料など、溶剤配合の進歩が効率を高め、環境への影響を低減しています。
• インフラの成長：特に新興市場で建設プロジェクトが拡大し、耐久性の高い保護塗料への需要が高まっています。
• バイオベース溶剤：持続可能な代替溶剤への需要の高まりが、バイオベースおよび再生可能溶剤技術への投資を促進しています。

コーティング溶剤市場の課題は以下の通り：

• 規制への対応：規制への対応：複雑な世界的環境規制の網の目をかいくぐることは、特に発展途上地域のメーカーにとってコストと複雑さを増します。
• 不安定な原材料価格：特に石油化学製品などの原材料価格の変動は、収益性と価格戦略に影響を与えます。
• 高い製造コスト：高度な溶剤の配合には、高価な研究開発費と製造工程が必要となる場合が多く、コスト効率の高い製造が課題となります。
• 環境にやさしい溶剤の認知度の低さ：特定の市場では、持続可能な溶剤に対する認識や採用がまだ限られており、市場浸透が遅れています。
• 廃棄物管理の問題：溶剤の廃棄物を管理し、廃棄物処理規制を確実に遵守することは、メーカーにとってますます大きな関心事となっています。

これらの促進要因・課題が組み合わさって、コーティング溶剤市場の競合情勢が形成され、製品イノベーションと市場戦略に影響を与えています。

オーストラリアでも、建設と自動車分野にコーティング溶剤を導入し、環境法を遵守しながら性能を向上させるための措置を講じています。インド経済は、「メイク・イン・インディア」のような、製造業における環境に優しい溶剤の使用を促進する施策を講じており、これもコーティング溶剤の導入につながっています。日本ペイントや関西ペイントのような溶剤メーカーは、日本や欧州への進出を目指しており、これらの地域で新たなパートナーシップを形成しています。オーストラリア政府のサステイナブル・パートナーシップ・イニシアチブは、日本ペイントと関西ペイントの日本とドイツへの進出を大いに助けました。当初、日本・関西のオーストラリア進出は、自然への悪影響を最小限に抑えたエコ溶剤をより多く調達することができたため、経済に貢献しましました。

目次

第1章 エグゼクティブサマリー

第2章 世界のコーティング溶剤市場：市場力学

• イントロダクション、背景、分類
• サプライチェーン
• 業界の促進要因と課題

第3章 市場動向と予測分析 (2019年～2031年)

• マクロ経済動向 (2019～2024年) と予測 (2025～2031年)
• 世界のコーティング溶剤市場の動向 (2019～2024年) と予測 (2025～2031年)
• 世界のコーティング溶剤市場：種類別
  • 石油化学ベース
  • バイオベース
• 世界のコーティング溶剤市場：用途別
  • 建築物用コーティング
  • 家具用コーティング
  • 自動車用コーティング
  • 航空宇宙用コーティング
  • その他

第4章 地域別の市場動向と予測分析 (2019年～2031年)

• 世界のコーティング溶剤市場：地域別
• 北米のコーティング溶剤市場
• 欧州のコーティング溶剤市場
• アジア太平洋のコーティング溶剤市場
• その他地域のコーティング溶剤市場

第5章 競合分析

• 製品ポートフォリオ分析
• 運用統合
• ポーターのファイブフォース分析

第6章 成長機会と戦略分析

• 成長機会分析
  • 世界のコーティング溶剤市場の成長機会：種類別
  • 世界のコーティング溶剤市場の成長機会：用途別
  • 世界のコーティング溶剤市場の成長機会：地域別
• 世界のコーティング溶剤市場の新たな動向
• 戦略的分析
  • 新製品の開発
  • 世界のコーティング溶剤市場の生産能力拡大
  • 世界のコーティング溶剤市場における企業合併・買収 (M&A)、合弁事業
  • 認証とライセンシング

第7章 主要企業のプロファイル

• DowDuPont
• Exxon Mobil
• Shell
• Arkema
• Eastman Chemical
• Clariant
• Solvay

The future of the global coating solvent market looks promising with opportunities in the building coating, furniture coating, automotive coating, and aerospace coating markets. The global coating solvent market is expected to grow with a CAGR of 4.3% from 2025 to 2031. The major drivers for this market are growing construction and automotive sectors, advances in solvent technology and formulation techniques, and rising trend towards waterborne and high-solid coatings.

• Lucintel forecasts that, within the type category, the petrochemical based is expected to witness higher growth over the forecast period.
• In terms of region, APAC is expected to witness the highest growth over the forecast period.

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Emerging Trends in the Coating Solvent Market

The coating solvent market is transforming, with innovations focusing on sustainability, performance, and efficiency. Various countries are adapting their solvent technologies to align with evolving environmental regulations and market demands. Key emerging trends reshaping the global market include:

• Shift to Low-VOC Solvents: With stringent environmental regulations globally, the market is increasingly moving toward low-VOC and VOC-free solvents. These are more sustainable and offer compliance with environmental laws, particularly in regions like the United States and Europe.
• Bio-based Solvents: As sustainability becomes a key focus, bio-based solvents are gaining traction. These solvents are derived from renewable sources, offering an eco-friendly alternative to petrochemical-based solvents. Germany and Japan are leading in this area, contributing to lower environmental footprints.
• Waterborne Coatings: Waterborne coatings are becoming popular due to their low environmental impact. They emit fewer VOCs and are safer for workers and the environment. China and the U.S. are heavily investing in this segment, particularly for automotive and industrial applications.
• Nanotechnology Integration: Nanotechnology is driving innovation in coating solvents by enhancing performance and durability. This technology enables the development of high-performance coatings that offer better resistance to corrosion and wear. Japan is at the forefront of these advancements.
• Recyclable Solvents: As part of the circular economy, the trend toward recyclable solvents is growing. Solvent recovery systems allow for the reuse of solvents, minimizing waste and reducing costs. China and India are seeing growth in this area as part of sustainability initiatives.

These trends are reshaping the coating solvent market, driving advancements in sustainable technologies and fostering a competitive market landscape.

Recent Developments in the Coating Solvent Market

Recent developments in the coating solvent market have focused on sustainability, efficiency, and technological innovation. Companies across various countries are investing in greener solutions to align with environmental regulations and market demands, particularly in the automotive and industrial sectors. Key developments include:

• Launch of Bio-Based Solvents: Several companies have introduced bio-based solvents to reduce reliance on petrochemicals. These solvents are derived from renewable sources, providing a sustainable alternative for coatings, particularly in the automotive industry.
• Expansion of Waterborne Coatings: Waterborne coatings have seen significant market growth, driven by demand for low-VOC products. This expansion is particularly strong in industrial applications where environmental compliance is crucial.
• Adoption of UV-Curable Coatings: UV-curable coatings have emerged as a key development due to their fast curing times and low environmental impact. These coatings are being widely adopted in the electronics and packaging industries.
• Focus on Solvent Recovery Systems: Companies are increasingly investing in solvent recovery technologies that allow for the recycling and reuse of solvents. This development is particularly strong in China and India, where sustainability is a growing focus.
• Technological Integration in Production: Advanced manufacturing technologies such as automation and 3D printing are enhancing the production process of solvents, reducing waste, and increasing efficiency. These innovations are being led by countries like Germany and Japan.

These developments are making the coating solvent market more sustainable, efficient, and competitive, shaping its future growth trajectory.

Strategic Growth Opportunities for Coating Solvent Market

The coating solvent market is experiencing numerous growth opportunities driven by advancements across various industries. From automotive to construction, companies are capitalizing on the demand for high-performance, sustainable solvents. Key growth opportunities by application include:

• Automotive Sector: Growth in the automotive industry is driving demand for low-VOC, high-performance coatings. Lightweight vehicle components require advanced coating solvents that enhance durability and aesthetic appeal while meeting stringent environmental standards.
• Construction Industry: Expanding infrastructure projects in emerging economies are boosting the demand for solvents that offer long-lasting protection against weather conditions. Waterborne coatings are especially gaining traction in this sector.
• Aerospace Applications: The aerospace sector requires highly durable coatings to withstand extreme conditions. Solvent technologies that offer enhanced resistance to corrosion and wear are seeing increased demand, particularly in defense applications.
• Industrial Equipment: Manufacturing industries are adopting advanced coatings that improve equipment lifespan and reduce maintenance costs. Solvent technologies tailored for heavy-duty applications offer growth opportunities in this space.
• Packaging Industry: The packaging industry is focusing on eco-friendly coatings, driving demand for bio-based and recyclable solvents. UV-curable coatings are also gaining popularity due to their rapid curing times and low environmental impact.

These opportunities are shaping the future of the coating solvent market, fostering innovation and sustainability across multiple industries.

Coating Solvent Market Driver and Challenges

The coating solvent market is influenced by a complex mix of technological advancements, economic conditions, and regulatory frameworks. The industry's growth is driven by sustainability initiatives, while regulatory compliance and raw material costs present significant challenges.

The factors responsible for driving the coating solvent market include:

• Environmental Regulations: Stricter emission standards globally are pushing companies to develop low-VOC and eco-friendly solvents, driving market growth.
• Automotive Industry Expansion: The rising demand for lightweight, fuel-efficient vehicles boosts the need for advanced coatings with high-performance solvents.
• Technological Innovation: Advances in solvent formulations, such as UV-curable and waterborne coatings, are increasing efficiency and reducing environmental impact.
• Infrastructure Growth: Expanding construction projects, particularly in emerging markets, are driving demand for durable, protective coatings.
• Bio-Based Solvents: Growing demand for sustainable alternatives is driving investment in bio-based and renewable solvent technologies.

Challenges in the coating solvent market include:

• Regulatory Compliance: Navigating the complex web of global environmental regulations adds cost and complexity for manufacturers, especially in developing regions.
• Volatile Raw Material Prices: Fluctuations in the cost of raw materials, particularly petrochemicals, affect profitability and pricing strategies.
• High Production Costs: Advanced solvent formulations often require expensive R&D and production processes, making cost-effective manufacturing a challenge.
• Limited Awareness of Eco-Friendly Solvents: In certain markets, there is still limited awareness and adoption of sustainable solvents, slowing market penetration.
• Waste Management Issues: Managing solvent waste and ensuring compliance with waste disposal regulations is a growing concern for manufacturers.

The combination of these drivers and challenges is shaping the competitive landscape of the coating solvent market, influencing product innovation and market strategies.

List of Coating Solvent Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies coating solvent companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the coating solvent companies profiled in this report include-

• DowDuPont
• Exxon Mobil
• Shell
• Arkema
• Eastman Chemical
• Clariant
• Solvay

Coating Solvent by Segment

The study includes a forecast for the global coating solvent market by type, application, and region.

Coating Solvent Market by Type [Analysis by Value from 2019 to 2031]:

• Petrochemical Based
• Bio Based

Coating Solvent Market by Application [Analysis by Value from 2019 to 2031]:

• Building Coating
• Furniture Coating
• Automotive Coating
• Aerospace Coating
• Others

Coating Solvent Market by Region [Analysis by Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Coating Solvent Market

Strategic partnerships are increasingly becoming a critical imperative for Fortune 500 companies in the Coating Solvent Market to gain competitive advantage. Among the recent coating solvent developments of the key market participants in several regions are the following:

• United States: In the U.S., advances have been achieved in employing environmentally safe and low VOC ( Volatile Organic Compound) Solvents. Sherwin-Williams and PPG Industries are at the forefront of such innovations with correct solvent formulation which complies even with the stringent environment standards for several applications such as automotive and architectural coatings.
• China: China is also engaging in still more coating solvent development efforts that revolve around green and sustainable factors. These solvents are being rapidly adopted in the automobile, construction, and electronics industries due to the country's "Made in China 2025" plan, which encourages cleaner and more efficient manufacturing practices.
• Germany: German activities in producing bio-based and other eco-friendly, lower-emission coating solvents are cutting edge. German firms are also struggling to develop new formulations of solvent coatings that comply with strict European Union legislations and targets for sustainable coatings in the automotive and packaging industries.

Australia, too, has taken steps to incorporate coating solvents into its construction and automotive sectors to improve performance while keeping in accordance with their environmental laws. The economy has taken measures such as 'Make in India' to promote the use of Eco-Friendly Solvents within the manufacturing industry, which has also led to the incorporation of coating solvents. Solvent manufacturers such as Nippon Paint and Kansai Paint have headed towards expansion into Japan and Europe forming new partnerships within these regions. The Australian Government's Sustainable Partnering initiative has greatly aided Nippon and Kansai's expansion into Japan and Germany and this in return has only benefited them. At the outset, Nippon and Kansai's entrance into Australia helped the economy since they were able to procure more eco-solvents that have a minimal detrimental impact on their nature.

Features of the Global Coating Solvent Market

Market Size Estimates: Coating solvent market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Coating solvent market size by type, application, and region in terms of value ($B).

Regional Analysis: Coating solvent market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the coating solvent market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the coating solvent market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the coating solvent market by type (petrochemical based and bio based), application (building coating, furniture coating, automotive coating, aerospace coating, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Coating Solvent Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

• 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
• 3.2. Global Coating Solvent Market Trends (2019-2024) and Forecast (2025-2031)
• 3.3: Global Coating Solvent Market by Type
  • 3.3.1: Petrochemical Based
  • 3.3.2: Bio Based
• 3.4: Global Coating Solvent Market by Application
  • 3.4.1: Building Coating
  • 3.4.2: Furniture Coating
  • 3.4.3: Automotive Coating
  • 3.4.4: Aerospace Coating
  • 3.4.5: Others

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

• 4.1: Global Coating Solvent Market by Region
• 4.2: North American Coating Solvent Market
  • 4.2.1: North American Coating Solvent Market by Type: Petrochemical Based and Bio Based
  • 4.2.2: North American Coating Solvent Market by Application: Building Coating, Furniture Coating, Automotive Coating, Aerospace Coating, and Others
• 4.3: European Coating Solvent Market
  • 4.3.1: European Coating Solvent Market by Type: Petrochemical Based and Bio Based
  • 4.3.2: European Coating Solvent Market by Application: Building Coating, Furniture Coating, Automotive Coating, Aerospace Coating, and Others
• 4.4: APAC Coating Solvent Market
  • 4.4.1: APAC Coating Solvent Market by Type: Petrochemical Based and Bio Based
  • 4.4.2: APAC Coating Solvent Market by Application: Building Coating, Furniture Coating, Automotive Coating, Aerospace Coating, and Others
• 4.5: ROW Coating Solvent Market
  • 4.5.1: ROW Coating Solvent Market by Type: Petrochemical Based and Bio Based
  • 4.5.2: ROW Coating Solvent Market by Application: Building Coating, Furniture Coating, Automotive Coating, Aerospace Coating, and Others

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Coating Solvent Market by Type
  • 6.1.2: Growth Opportunities for the Global Coating Solvent Market by Application
  • 6.1.3: Growth Opportunities for the Global Coating Solvent Market by Region
• 6.2: Emerging Trends in the Global Coating Solvent Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Coating Solvent Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Coating Solvent Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: DowDuPont
• 7.2: Exxon Mobil
• 7.3: Shell
• 7.4: Arkema
• 7.5: Eastman Chemical
• 7.6: Clariant
• 7.7: Solvay