Egypt Paint Additives Market to grow at a CAGR of 4.98% during 2021-26

According to MarkNtel Advisors’ research report, “Egypt Paint Additives Market Analysis, 2021,” the market is likely to witness around 4.98% CAGR during 2021-26. The market growth primarily attributes to the surging demand for paint additives across various end-user industries, owing to the beneficial characteristics of paint additives, including resistance to external environmental factors like dust, UV light, rain, etc. The most prominent use of paint additives is to enhance the durability of paints. Further, the burgeoning number of construction projects and increasing housing construction are a few more critical aspects generating robust demand for paint additives, thereby boosting the overall market growth.

Key Questions Answered in the Study
1. What are the current and future trends in the Egypt Paint Additives Market?
2. How has the market been evolving in terms of geography and services adoption?
3. How has the competition been shaping across Egypt, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Egypt Paint Additives market?
5. What are the customer orientation, purchase behavior, and expectations from the Egypt Paint Additives market service providers?

Get the sample pages of the market analysis: https://www.marknteladvisors.com/query/request-sample/egypt-paint-additives-market.html

Egypt Paint Additives Market to Witness Gradual Shift from Solvent-Based to Water-Based Formulations

Based on Formulations, the market bifurcates into Water, Solvent, and Powder-Based Paints. Of them all, Solvent-Based Paints witnessed considerable growth in the previous few years as they are less prone to environmental conditions, such as humidity and temperature, and help reduce the drying time. However, since they evaporate rapidly when chemically reacted with oxygen, a gradual shift from them to water-based formulation is likely to be witnessed in the market during the forecast period.

“Egypt Paint Additives Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Paint Additives providers across Egypt. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

For more details: https://www.marknteladvisors.com/research-library/egypt-paint-additives-market.html

Wetting & Dispersing Agents to Witness Considerable Growth in the Egypt Paint Additives Market

Based on Product, the market bifurcates into Rheology Modifiers, Biocides, Anti-Foamers, and Wetting & Dispersing Agents. Here, Wetting & Dispersing Agents are more likely to grow substantially during the forecast period. Wetting & Dispersing Agents consist of Polyacrylates, Alkylphenol Ethoxylate, and Polyurethanes. They properly help disperse the pigments and fillers and are also beneficial in minimizing the surface tension of the coating so that it wets upon the surface. Hence, these factors lead to a surging usage of Wetting & Dispersing Agents in paints, thereby likely to fuel the overall market growth in the forecast period, reveals MarkNtel Advisors in their research report, “Egypt Paint Additives Market Analysis, 2021.”

According to MarkNtel Advisors, the major leading players in the Egypt Paint Additives Market are AkzoNobel N.V., Arkema SA, Ashland Inc., BASF SE, BYK-Chemie GMBH, Cabot Corp., Daikin Industries Ltd., Evonik Industries, SIPES EGYPT.

Market Segmentation:
1. By Formulation (Water, Solvent, Powder Based, Others)
2. By End-User (Automobiles & Transportation, Industrial, Furniture & Woods, Building & Construction)
3. By Product (Rheology Modifiers, Biocides, Anti-Foamers, Wetting & dispersing agents, Others)
4. By Region (East, West, South, Central)
5. By Competitors (AkzoNobel N.V., Arkema SA, Ashland Inc., BASF SE, BYK-Chemie GMBH, Cabot Corp., Daikin Industries Ltd., Evonik Industries, SIPES EGYPT)

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MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.