Press release
Paint Additives Market 2023: Akzo Nobel NV, Arkema SA, Ashland Global Holdings, Inc., BASF SE, BYK-Chemie GmbH, Asahi Glass Co., Ltd., Dow Chemical, Evonik Industries AG, Arch Chemicals
Paint Additives Market Research Report – Forecast to 2023
Paint additives are special ingredients used for enhancing the functional performance and the quality of the paints. These additives modify the viscosity, impact resistance, anti-chipping, foam reduction, and gloss control in paints and thereby increase the efficiency. The global paint additive market is estimated to grow at a CAGR of over 6.4% during the assessment period, 2018–2023.
Free Sample Request For This Report @ https://www.marketresearchfuture.com/sample_request/6164
The global paint additives market is mainly driven by the growing demand from the industrial and architectural segments. Moreover, the growth in the global paint and coating industry directly affects the demand for paint additives. Paints and coatings are extensively used in various industries ranging from oil and gas to automotive. Furthermore, growing inclination to green paint is a major opportunity for the market and is expected to generate a substantial revenue during the review period. However, strict environmental regulations regarding the VOC content in paints is expected hinder the growth of the global market.
On the basis of product type, rheological additives are projected to hold the highest market share during the assessment period as result of growing adoption of these additives in automobile and building & construction sectors. Among the various application segment, the architectural segment is projected to lead the global market during the forecast period.
Regional Analysis
Asia Pacific was the largest market for paint additives in 2017 due to increasing construction and automobile industries in the region. Moreover, expanding GDP in the region has added extra purchasing power to the population in the region, which, in turn, is fueling the demand for paint additives in the architectural segment. Furthermore, the growing population in the region has augmented the government spending on construction activities, which is also positively contributing to the revenue of the market.
North America is the prominent region in the global paint additives market as a result of increasing consumption of paint additives in the building and construction and automobile industries. Additionally, the presence of major paint & coating manufacturers in the region and increased government spending on renovation and construction of commercial and residential buildings, especially in Canada is boosting the growth of the regional market.
Europe is likely to witness a significant growth during the review period as result of reviving industrial sector in this region. Additionally, the presence of major automobile manufacturing industries in the region is adding fuel to the demand for paint additives. However, the presence of stringent government regulations in the region may slow the market growth to some extent during the coming years.
The Middle East and Africa are likely to witness a moderate growth during the assessment period on account of growing automotive and construction industries. The growing construction activities in the region owing to the FIFA World CupTM 2022 are likely to drive the demand for paint additives.
Segmentation
The global paint additives market is segmented into type, application, and region. On the basis of the product type, the market is segregated into rheology modifiers, biocides, anti-foamers, wetting and dispersion agents, and others. On the basis of the application, the market is further segregated into architectural, industrial, wood and furniture, automotive and others. Based on the region, the market is segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Access Full Report @ https://www.marketresearchfuture.com/reports/paint-additives-market-6164
Key Players
Some of the prominent players operating in the global paint additives market are Akzo Nobel NV, Arkema SA, Ashland Global Holdings, Inc., BASF SE, BYK-Chemie GmbH, Asahi Glass Co., Ltd., Dow Chemical, Evonik Industries AG, Arch Chemicals, Lonza Group AG, and Daikin Industries, Ltd.
Intended Audience
Paint additives manufacturers
Traders and distributors of paint additives
Research and development institutes
Potential investors
Raw material suppliers
Nationalized laboratory
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Paint Additives Market 2023: Akzo Nobel NV, Arkema SA, Ashland Global Holdings, Inc., BASF SE, BYK-Chemie GmbH, Asahi Glass Co., Ltd., Dow Chemical, Evonik Industries AG, Arch Chemicals here
News-ID: 1646242 • Views: …
More Releases from Market Research Future - MRFR
Maritime Freight Transport Market Expected to Hit USD 634.57 Billion by 2034
Maritime freight transport forms the backbone of the trade system. Over 80% of the world's merchandise trade by volume and about 70% by value are carried by sea, underscoring the significance of maritime transport in enabling international commerce. From raw materials and food products to manufactured goods and machinery, maritime freight transport is a cost-effective, energy-efficient, and scalable solution that underpins the modern supply chain.
As trade evolves, so too does…
Healthcare Logistics Market Poised to Growth USD 237.39 Billion by 2034 with Thr …
The healthcare logistics market plays a critical role in the medical ecosystem, ensuring that pharmaceuticals, medical devices, diagnostics, and other essential healthcare products are delivered efficiently, safely, and on time. From cold chain management for vaccines to last-mile delivery of emergency medical supplies, the logistics infrastructure in healthcare determines the accessibility and reliability of health services worldwide.
In recent years, factors such as rising chronic diseases, of pharmaceutical manufacturing, growing demand…
Sustainable Packaging Set to Grow at an Impressive CAGR of 10.30% Through 2030 | …
Sustainable packaging refers to the development and use of packaging solutions that have minimal environmental impact and footprint. It incorporates the use of renewable, recyclable, or biodegradable materials, and designs that reduce waste and energy usage throughout the product lifecycle. As environmental concerns intensify and consumer preferences shift toward eco-friendly alternatives, the sustainable packaging market is experiencing robust growth.
From e-commerce to food and beverage, personal care, pharmaceuticals, and industrial applications,…
USA Pulp and Paper Market Poised to Growth USD 69.33 Billion by 2034
The pulp and paper industry in the United States has long been a cornerstone of the nation's manufacturing sector. From producing writing paper, packaging materials, tissue products, and newsprint to serving industrial and specialty applications, the industry continues to adapt in response to technological advancements, environmental regulations, and changing consumer behaviors.
Although traditionally seen as a mature sector, the USA pulp and paper market is currently undergoing significant transformation. With the…
More Releases for Paint
SKSHU Paint: Life Enjoyment Wall Repair Paint
Image: https://www.abnewswire.com/uploads/6c917f12026802adfd22d2c0dd8f5805.png
This product is a fast-drying waterborne aerosol paint composed of waterborne acrylic resin, pigments and fillers. Odorless and environment-friendly, it has the advantages of easy application, good atomization, high spray rate, high film richness, excellent adhesion and strong hiding power.
Product Introduction
This product is a fast-drying waterborne aerosol paint composed of waterborne acrylic resin, pigments and fillers. Odorless and environment-friendly, it has the advantages of easy application, good atomization, high…
How to Solve the Paint Selection Problem? Understanding the Mystery of Latex Pai …
Introduction
Before starting this paint exploration journey, let's first think about why the choice of paint is so important. A warm and comfortable home, a smooth, brightly colored wall, not only can bring us visual enjoyment, but also create a unique atmosphere and mood. The coating, as a wall coat, its quality, performance and environmental protection directly affect our quality of life and health.
1. Definition and component analysis
Latex paint:
Definition: Latex paint…
Water Based Enamel Paint Market is Booming Worldwide | Intercoastal Paint, Nippo …
The latest study released on the Global Water Based Enamel Paint Market by AMA Research evaluates market size, trend, and forecast to 2027. The Water Based Enamel Paint market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about…
Global Refinish Paint for Automotive Market By Key Players: Akzo Nobel, BASF, 3M …
Qyresearchreports include new market research report Global Refinish Paint for Automotive Market Professional Survey Report 2018 to its huge collection of research reports.
This report studies the global Refinish Paint for Automotive market status and forecast, categorizes the global Refinish Paint for Automotive market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and…
Road Marking Paint Market Report 2018: Segmentation by Product (Thermoplastic Ma …
Global Road Marking Paint market research report provides company profile for Ennis Flint, Hempel, Geveko Markings, PPG Industries, Asian Paints PPG, SealMaster, 3M, Sherwin-Williams, Swarco AG, Nippon Paint and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018…
China Paint and Coatings Market Research Report 2017 - PPG, Akzo Nobel, Kansai P …
This report studies Paint and Coatings in China market, focuses on the top players in China market, with capacity, production, price, revenue and market share for each manufacturer, covering
PPG
Akzo Nobel
Kansai Paint
Nippon Paint
BASF
Axalta (formerly DuPont)
Chugoku Marine Paint
Valspar
Sherwin-Williams
Hempel
Market Segment by Regions (provinces), covering
South China
East China
Southwest China
Northeast China
North China
Central China
Northwest China
Split by product Type, with production, revenue, price, market share and growth rate of each type, can be divided into
Waterborne Coatings
High-solids Coatings
Powder Coatings
Others
Split…
