According to a market report by Lucintel, the future of the global coating thinners market looks promising with opportunities in the architecture, machinery & equipment, automotive, medical device, aerospace & defense, chemical & material, and marine markets. The global coating thinners market is expected to grow with a CAGR of 9.2% from 2024 to 2030. The major drivers for this market are the increasing demand for eco-friendly and low-VOC (volatile organic compound) coatings and the rising use of specialized coatings like UV-curable or high-performance paints necessitates specific thinners for optimal performance.

A more than 150-page report to understand trends, opportunity and forecast in coating thinners market to 2030 by type (mineral spirits, turpentine, naphtha, toluene, methyl ethyl ketone (MEK), dimethylformamide (DMF), 2-butoxyethanol, and others), application (architecture, machinery & equipment, automotive, medical devices, aerospace & defense, chemical & material, marine, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the type category, the turpentine segment is expected to witness the highest growth over the forecast period.

Within the application category, the architecture segment is expected to witness the highest growth.

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In terms of regions, APAC is expected to witness the highest growth over the forecast period.

Shandong Luwei, Northeast Pharma, North China Pharma, Shandong Tianli, Ningxia Qiyuan, Zhengzhou Tuoyang, Anhui Tiger are the major suppliers in the coating thinners market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.

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At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056

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