Paint Additives Market Size, Share, Demand & Trends by 2032

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 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.

Old Source: https://www.prnewswire.com/news-releases/amid-rising-demand-for-low-voc-paints-the-paint-additives-market-will-grow-to-us-14-877-8-mn-by-2032--future-market-insights-inc-301638961.html

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