PUBLISHER: The Business Research Company | PRODUCT CODE: 1694709
PUBLISHER: The Business Research Company | PRODUCT CODE: 1694709
Paint Stripper Global Market Report 2025
A paint stripper, also referred to as a paint remover, is a chemical substance or a mixture specifically formulated to remove paint, varnish, or other coatings from surfaces. The main objective of a paint stripper is to break down the bond between the paint and the underlying surface. By doing so, it facilitates the process of scraping or washing away the paint, effectively restoring the surface to its original state.
The primary types of paint strippers include solvent type, caustic type, and acidic type. Solvent-based paint strippers are chemical products specifically formulated to remove paint, finishes, and coatings from surfaces while simultaneously cleaning the underlying surface. These paint strippers are available in various packaging types such as buckets, drums, cans, plastic bottles, and jerry bottles. They come in different grades including industrial grade, technical grade, and commercial grade. Paint strippers find applications across various end-user industries, including aerospace, automotive, marine, oil & gas, packaging, and others.
The paint stripper market research report is one of a series of new reports from The Business Research Company that provides paint stripper market statistics, including the paint stripper industry global market size, regional shares, competitors with a paint stripper market share, detailed paint stripper market segments, market trends and opportunities, and any further data you may need to thrive in the paint stripper industry. This paint stripper market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The paint stripper market size has grown strongly in recent years. It will grow from $1.33 billion in 2024 to $1.4 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to growth in the manufacturing sector, demand for eco-friendly and biodegradable paint strippers, government regulations, economic growth, urbanization.
The paint stripper market size is expected to see steady growth in the next few years. It will grow to $1.65 billion in 2029 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to increasing demand for environmentally-friendly formulations, expanding construction industry, rising popularity of DIY projects and home renovations, increase in investment in infrastructure and construction projects, increase in the demand for paint removal products. Major trends in the forecast period include innovation and product development, technological advancements, develop paint stripper formulations, increase in mergers and acquisitions,.
The growth of the construction industry is expected to drive the expansion of the paint stripper market. Construction involves combining various components to build structures according to detailed plans and designs. In the construction industry, paint strippers are essential for surface preparation and maintenance, as they effectively remove old or deteriorating paint and coatings. For example, in March 2024, Atradius, a Netherlands-based trade credit insurance company, forecasted a 2.0% increase in global construction output for 2024, down from 3.7% in 2023. Growth in advanced economies is expected to be 1.8%, while emerging markets are projected to experience a 2.2% rise in building activity. Additionally, non-residential output and civil engineering are anticipated to grow by 2.8% and 4.4%, respectively. As a result, the expanding construction sector is driving the growth of the paint stripper market.
Leading companies in the paint stripper market are actively engaged in the development of innovative products, such as solvent-based paint strippers. These chemical solutions are designed to dissolve and remove paint coatings by disrupting their chemical bonds. An illustrative example is Propspeed, a New Zealand-based company that introduced Stripspeed in 2023, a novel solvent-based paint stripper. Leveraging this technology, Stripspeed simplifies and enhances the process of removing foul-release coatings without the need for grinding or generating dust. This innovation not only saves considerable preparation time, with efficiency gains of up to 33% for smooth surfaces and 50% for complex surfaces, but also ensures a safer working environment by producing no harmful dust or debris. Additionally, it is non-flammable, non-caustic, and does not contain DCM and NMP, providing a valuable solution for prop speed applicators in priming metal surfaces.
In September 2022, Henkel, a Germany-based chemical and consumer goods company, acquired NBD Nanotechnologies for an undisclosed amount. This acquisition is aimed at fortifying the position of Henkel's business unit, Adhesive Technologies, in the functional coatings market. NBD Nanotechnologies, a US-based chemical manufacturer specializing in creating innovative surface coatings, brings valuable expertise to Henkel's portfolio through its advanced technologies and solutions.
Major companies operating in the paint stripper market report are 3M Company, Henkel AG & Co. KGaA, Sherwin-Williams, The Sherwin-Williams Company, PPG Industries, AkzoNobel, Nippon Paint Holdings Co. Ltd., RPM International Inc., Asian Paints, United Gilsonite Laboratories, Jasco, Green Products, Fiberlock Technologies, Tri-State Fabricators, Inc., Franmar Chemical Inc., Sunnyside, EZ Strip Inc., Savogran, Vitex Corp., SRI Performance, Twin Specialties, Citristrip, CHEMEON, Dumond Chemicals, Motsenbocker's Lift Off, Blue Bear, Formby's, Klean-Strip
North America was the largest region in the paint stripper market in 2024. The regions covered in the paint stripper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the paint stripper market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The paint stripper market consists of sales of scrapers, wire brushes, heat guns, sanders, protective gear, and vinegar. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Paint Stripper Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on paint stripper market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Scope
Table of Contents
1. Executive Summary
2. Paint Stripper Market Characteristics
3. Paint Stripper Market Trends And Strategies
4. Paint Stripper Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market
5. Global Paint Stripper Growth Analysis And Strategic Analysis Framework
- 5.1. Global Paint Stripper PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
- 5.2. Analysis Of End Use Industries
- 5.3. Global Paint Stripper Market Growth Rate Analysis
- 5.4. Global Paint Stripper Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
- 5.5. Global Paint Stripper Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
- 5.6. Global Paint Stripper Total Addressable Market (TAM)
6. Paint Stripper Market Segmentation
7. Paint Stripper Market Regional And Country Analysis
8. Asia-Pacific Paint Stripper Market
9. China Paint Stripper Market
10. India Paint Stripper Market
11. Japan Paint Stripper Market
12. Australia Paint Stripper Market
13. Indonesia Paint Stripper Market
14. South Korea Paint Stripper Market
15. Western Europe Paint Stripper Market
16. UK Paint Stripper Market
17. Germany Paint Stripper Market
18. France Paint Stripper Market
19. Italy Paint Stripper Market
20. Spain Paint Stripper Market
21. Eastern Europe Paint Stripper Market
22. Russia Paint Stripper Market
23. North America Paint Stripper Market
24. USA Paint Stripper Market
25. Canada Paint Stripper Market
26. South America Paint Stripper Market
27. Brazil Paint Stripper Market
28. Middle East Paint Stripper Market
29. Africa Paint Stripper Market
30. Paint Stripper Market Competitive Landscape And Company Profiles
31. Paint Stripper Market Other Major And Innovative Companies
32. Global Paint Stripper Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Paint Stripper Market
34. Recent Developments In The Paint Stripper Market
35. Paint Stripper Market High Potential Countries, Segments and Strategies
36. Appendix
