Paint Additives Market Size, Share, Demand & Trends by 2032
As per the recent research conducted by a leading market insights provider FMI, the global Paint Additives market will expand at a healthy CAGR over the forecast period between 2022 and 2032. The aim of this study is to analyze key market dynamics affecting the sales of Paint Additives and provide vital insights to business owners to get benefited from forthcoming opportunities.
Paint additives help enhance the
performance, efficacy, and usefulness of paint while addressing flaws, and
increasing functionality. These additives remove deficiencies in the coating,
boost abrasion resistance, stem the growth of microbes, and bestow distinctive
properties to the paint, which are not easily attained. The escalating demand
for paints and coatings is mainly because of the swift growth witnessed in the
automotive and construction sectors. Further, the growing need to improve the
efficiency and functionality of paints is expected to continue to play a vital
role in the rising demand for paint additives throughout the upcoming decade.
The report conducts an in-depth analysis
into factors affecting the change in consumer behavior and purchasing patterns.
It highlights the key growth prospects for the demand and sales across seven
major regions. It also provides refines sales projections and assist market
players in identifying the remunerative segments among the verticals.
For
details on vendors and their offerings – Request a sample report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-4956
Upsurge
in the Trend of Green Chemistry to Facilitate the Growth in the Paint Additives
Market
Governments of several countries are
emphasizing on implementing regulations on chemicals that are hazardous for
environment, owing to the rising concerns regarding environment sustainability.
Hence, growing trend of green chemistry or sustainable chemistry is being
witnessed across the chemical industry.
Citing this trend, chemical manufacturers
are reviewing their business strategies and shifting their focus towards
adopting eco-friendly practices for the production of sustainable alternatives
or less toxic chemicals. This is expected to favor the growth in the Paint
Additives market.
Key Paint Additives Market Takeaways
and Projections
·
The U.S. will lead the
North America Paint Additives market, projecting the fastest growth in the
region between forecast period
·
Germany will collectively
hold the largest share in the Europe market over the assessment period.
·
India will emerge as a
highly remunerative market in South Asia, contributing significant revenue
share in the region through forecast period.
·
China will dominate the
East Asia market, accounting for the largest demand share during the forecast
period.
·
In terms of segments,
will hold the lion’s share in the market, expanding at a robust CAGR during the
next ten years.
Competitive
Landscape Analysis
- The
survey offers insights into critical trends and opportunities across
technology industry and studies their impact on demand-supply forces in
the Paint Additives market. It also profiles a list of prominent companies
including AkzoNobel
N.V.
- Arkema SA
- Asahi Glass Co. Ltd.
- Ashland Inc.
- BASF SE
- BYK-Chemie
- Dow Chemical
- Evonik Industries
- Arch Chemicals
- Lonza
- Daikin Industries
Key
Segments Profiled in the Paint
Additives Industry Survey
Paint Additives Market Outlook by Category
By Product Type:
- Acrylics
- Fluoropolymers
- Urethanes
- Metallic Additive
- Others (Epoxy, Polyalkyds, and Amines)
By Formulation:
- Solvent Based
- Water Based
By Application:
- Rheology Modification
- Biocides Impact Modification
- Wetting & Dispersion
- Anti-Foaming
- Others (Flexibility, Curing, Slip & Rub)
By End Use:
- Industrial
- Automotive
- Architectural
- Wood & Furniture
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa (MEA)
Why
Buy FMI’s Report?
·
Extensive analysis on
high growth niche markets across major regions
·
Detailed assessment on
key segments and sub-segments
·
Recent and upcoming
strategies tracked of manufacturers for the Paint Additives market
·
Reliable information on
new product launches, technological advancements, and more
·
Valuable insights on the
impact of regulatory framework on the global Paint Additives market
About Future
Market Insights, Inc. (FMI)
Future
Market Insights, Inc. (ESOMAR certified market research organization and a
member of Greater New York Chamber of Commerce) provides in-depth insights into
governing factors elevating the demand in the market. It discloses
opportunities that will favor the market growth in various segments on the
basis of Source, Application, Sales Channel and End Use over the next 10 years.
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