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Europe Anti-Skinning Agents In Paints Market was Valued at US$ XX Mn in 2018, Growing Demand for Anti-Skinning Agents from Printing Inks Industry
Europe Anti-Skinning Agents In Paints Market was Valued at US$ XX Mn in 2018, Growing Demand for Anti-Skinning Agents from Printing Inks Industry“The Europe Anti-Skinning Agents in Paints Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over next seven years 2019-2025 owing to growing demand for anti-skinning agents from printing inks industry.
The Europe Anti-Skinning Agents in Paints market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Rising demand for anti-skinning agents from printing inks industry, increasing focus towards sustainable products such as lead free paints, bio based printing inks, etc., growing GDP & rapid urbanization and growing demand from water borne paints are some key factors influencing the market growth. In addition, Europe is dependent on the market of the construction industry. These markets are matured and growth is typically slower than in emerging markets. With increased environmental regulations in these countries, new technologies and products are been developing at a rapid pace. Hence, allowing the anti-skinning agent market to grow at a descent rate. However, factor such as increase in drying time is hindering the market growth.
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Europe Anti-skinning Agents in Paints market segmented on the basis of basis of Type, Application, End User, and region.
Oximes Dominate the Europe Anti-Skinning Agents in Paints Market
Based on the Type, Europe Anti-Skinning Agents in Paints market segmented into Phenols, Oximes and Others. Oximes are well-known as oxygen scavengers and largely helps in reducing oxidation rates. Oximes, which act as oxygen scavengers, or suitable phenolic compounds are most often used today as anti-skinning agents in industry. Oximes, such as methylethylketoxime (2- butanone oxime) (MEKO) binds to the free coordination sites of the metal carboxylate, such as cobalt, preventing the metal from binding with oxygen and thereby preventing the drying process.
Germany Leads the Europe Anti-Skinning Agents in Paints market
PBI’s Europe Anti-Skinning Agents in Paints market report analyses the market in different countries such as Germany, France, U.K, Italy, Spain, Russia, Poland and Rest of Europe. Introduction of a wide array of colors in water borne & spray based paint is expected to fuel demand for anti-skinning agents in this country. Furthermore, the increasing number of monumental renovation projects, especially the ones commissioned in Europe will held the market to grow tremendously in future.
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Launch of newer products, frequent product approvals, and strategic alliances are the key strategies adopted by market players
Europe Anti-skinning Agents in Paints market further reveals that the key player’s increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, the company named Brochers has developed an oxime-free anti-skinning agent, which have anti-oxidant properties similar to oximes and phenols, and are non-hazardous substitutions for them.
Key player’s profiles in the report are Troy Corporation (U.S.), Polyrheo Inc. (Canada), OMG Americas (Pennsylvania), Venator Materials Corporation (England), Gelest Inc. (Pennsylvania), Elementis Plc. (U.S.), Dura Chemicals (U.S.), Borchers (U.S.) and Arkema (France).
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Precision Business Insights (PBI) in its report titled “Europe Anti-Skinning Agents in Paints Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market.
Detailed Segmentation
By Type
o Phenols
• Hydroquinone
• 2,6-di-t-butyl-4-methoxyphenol (BHT)
• O-alkylphenol
• Others
o Oximes
• Butyraldoxime
• 2-butanone ketoxime (methylethylketoxime (MEKO))
• Cyclohexanone oxime
o Others
• Solvents
• Retention Aids
By Application
o Sprayed
o Incorporation
o Solvent Borne
o Water Borne
By End User
o Decorative
o General Industrial
o Industrial Woods
o Printing Inks
o Pigment Dispersions
o Others
• Composites
• Automotive
Geography
o Europe
• Germany
• France
• U.K
• Italy
• Spain
• Russia
• Poland
• Rest of Europe
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London EC1V 2NX
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