PAINT REMOVER MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Key Takeaways from Analyst
Driven by growth in the automotive refinish and construction industries, the demand for paint removers is anticipated to steadily rise across major markets. Apart from industrial applications, consumer use of paint removers is growing for household painting and renovation projects.
North America currently dominates paint remover sales, led by the United States. However, the Asia Pacific region is expected to witness the fastest gains and emerge as the leading market owing to a burgeoning DIY culture and rising home improvement activities in countries like China and India.
On the product side, caustic paint removers containing methylene chloride will continue dominating consumer sales. However, their share may taper off due to growing environmental and health concerns. This opens up opportunities for safer chemical-free and natural paint remover formulations utilizing plant-based ingredients. Water-based and odor-free varieties are also gaining traction among consumers.
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