Paint Additive Market Top Scenario, SWOT Analysis, Business Overview, Forecast
The global market for paint additives is highly fragmented, with presence of several regional and international players. A number of domestic vendors have been observed to enter the market, influenced by rapid growth in urbanisation and industrialization in emerging economies. These vendors are competing on the basis of innovation, product quality, price, operation cost, and economies of scale for strengthening their position in the market. A latest research by Future Market Insights (FMI) projects the global market for paint additives to exhibit a moderate 4.8% CAGR during the forecast period 2017 to 2022. Revenues from the global paint additives market will reach nearly US$ 9,000 Mn by 2022-end. Vendors of Paint Additives are Focusing on Product Differentiation & Innovation to Maintain their Market Presence Huge investments are being made by vendors of insulating paint additives in research & development activities, with an aim of reducing the cost associated with manu