Press release
Paints and Coatings Additives Market Analysis by Regions, Manufacturers, Types 2032 | Companies- Dow (U.S), Evonik Industries AG (Germany)
Paints and Coatings Additives Market
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ - https://www.fortunebusinessinsights.com/enquiry/sample/paints-coatings-additives-market-101810
๐๐ข๐ฌ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ:
โถ Dow (U.S)
โถ Evonik Industries AG (Germany)
โถ BYK-Chemie GmbH (Germany)
โถ Clariant AG (Switzerland)
โถ Kyoeisha Chemical Co., LTD. (Japan)
โถ Arkema S.A. (France)
โถ BASF SE (Germany)
โถ Lubrizol Corporation (U.S.)
โถ ELEMENTIS PLC. (UK)
โถ Kusumoto Chemicals, Ltd. (Japan)
โถ ALLNEX NETHERLANDS B.V. (Germany)
โถ Shin-Etsu Chemical Co., Ltd. (Japan)
โถ Other Key Players
Paints and coatings additives consist of emulsifiers, pigments, curing catalysts, thickeners, and dispersants, among others. These additives are extensively adopted to enhance the inherent properties such as good leveling and flow, UV protection, high-temperature stability, and chemical resistance. This makes them an ideal choice for applications across automotive and construction sectors globally.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐- https://www.fortunebusinessinsights.com/enquiry/get-a-quote/paints-coatings-additives-market-101810
๐๐ก๐๐ญ ๐๐จ๐๐ฌ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐๐ฅ๐ฎ๐๐?
The market report includes a detailed assessment of various drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Additionally, the report provides comprehensive insights into the regional developments of the market, affecting its growth during the forecast period. It includes information sourced from the advice of expert professionals from the industry by our research analysts using several research methodologies. The competitive landscape offers further detailed insights into strategies such as product launches, partnership, merger and acquisition, and collaborations adopted by the companies to maintain market stronghold between 2020 and 2027.
๐๐๐๐๐๐๐ ๐ ๐๐๐๐๐๐
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐ ๐จ๐๐ฎ๐ฌ ๐จ๐ง ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ ๐จ๐ ๐๐๐ฌ๐ข๐๐๐ง๐ญ๐ข๐๐ฅ ๐๐๐๐ญ๐จ๐ซ ๐ญ๐จ ๐๐ฎ๐ ๐ฆ๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The novel coronavirus has hampered the painting and coating applications across the globe. However, the growing do-it-yourself projects undertaken by the people to decorate their homes are driving the demand for these additives. These additives are extensively adopted as emulsifiers, dispersants, thickeners, photo-stabilizers, and leveling agents as they provide efficient corrosion protection for infrastructures. Additionally, they improve the overall shelf life of coatings and increase the substrate durability. Owing to their several benefits, the surging adoption of advanced additives is expected to boost the global paints and coatings additives market growth during the forecast period.
๐๐๐๐๐๐๐๐๐๐๐๐
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐๐ฅ๐ ๐.๐% ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐๐ซ๐ ๐ข๐ง ๐๐๐๐
The automotive segment, based on application, held a market share of about 7.6% in 2019 and is projected to experience a considerable growth during the forecast period. This is ascribable to the growing demand for automotive that propel the demand for advanced paints & coatings additives across the globe. These additives are beneficial in providing surface protection and texture enhancement in automobiles.
๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐
๐๐ข๐ฌ๐ข๐ง๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐๐ญ๐จ๐ซ ๐ข๐ง ๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐ ๐ญ๐จ ๐ ๐๐ฏ๐จ๐ซ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Among all the regions, Asia-Pacific is expected to remain at the forefront and hold the highest position in the global paints and coatings additives market in the forthcoming years. This is attributable to the rising automotive sector in countries such as India and China that drive the demand for advanced paints and coatings additives to prevent corrosion and protect the vehicle from extreme temperature. The region stood at USD 3,766.8 million in 2019.
The market in Europe is expected to gain momentum owing to the increasing focus on improving the aesthetic look of old government and residential buildings in the region between 2020 and 2027.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง- https://www.fortunebusinessinsights.com/industry-reports/paints-coatings-additives-market-101810
๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐
๐๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ฑ๐ฉ๐๐ง๐๐ข๐ง๐ ๐๐ก๐๐ข๐ซ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐ ๐๐๐ข๐ฅ๐ข๐ญ๐ข๐๐ฌ ๐ญ๐จ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐ญ๐ก๐ ๐๐ซ๐จ๐ฆ๐ข๐ฌ๐ข๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
The global paints and coatings additives market is consolidated by the presence of several major companies that are focusing on expanding their production facilities to cater to the increasing demand for advanced paints & coatings additives for industrial applications such as automotive and construction.
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
February 2020 - BYK announces the launch of its new production and research facility located in Texas, United States. According to the company, the new facility is anticipated to aid in propelling the manufacturing process of GARAMITE organoclays and additives that are adopted as specialty rheological paints & coatings additives across a wide range of industrial applications.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ-
๐๐๐ข๐ง๐ญ๐ฌ ๐๐ง๐ ๐๐จ๐๐ญ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.fortunebusinessinsights.com/industry-reports/paints-and-coatings-market-101947
๐๐ข๐ฌ๐ฉ๐๐ซ๐ฌ๐ข๐ง๐ ๐๐ ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.fortunebusinessinsights.com/dispersing-agents-market-102332
๐๐๐ก๐๐ฌ๐ข๐ฏ๐๐ฌ ๐๐ง๐ ๐๐๐๐ฅ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.fortunebusinessinsights.com/industry-reports/adhesives-and-sealants-market-101715
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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