Solvent-based, one of the segments analyzed and sized in this study, displays the potential to grow at over 10%.
The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over $2.1 billion by the year 2025, solvent-based will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the US will maintain a 7.7% growth momentum. Within Europe, Germany will add more than $78.1 million to the region's size and clout in the next 5-6 years.
More than $67 million worth of projected demand in the region will come from the Rest of European markets. In Japan, solvent-based will reach a market size of $96.7 million by the close of the analysis period.
As the world’s second-largest economy and the new game-changer in global markets, China exhibits the potential to grow at 13.7% over the next couple of years and add approximately $663.4 million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.