What is the current global market size of solvent paint and coating strippers?

Solvent Paint and Coating Stripper market is experiencing steady expansion thanks to sustained demand across industrial maintenance and infrastructure renovation sectors. Currently valued at USD 502 million (2024) , the market demonstrates a reliable 4.4% CAGR that projects revenues reaching USD 675 million by 2032 . This growth reflects the material's irreplaceable role in precise surface preparation across aerospace, marine, and heavy equipment applications where solvent formulations outperform water-based alternatives. Solvent-based strippers leverage N-methylpyrrolidone (NMP), citrus-derived terpenes, and specialized esters to penetrate multilayer coating systems without damaging substrates. Their chemical precision maintains dominance in mission-critical sectors despite environmental concerns, with gel formulations gaining traction for vertical surface applications. Regulatory pressures are accelerating development of low-VOC alternatives while preserving stripping effica...