Paint Additives Market 2018 Global Market Challenge, Driver, Trends & Forecast to 2023 - PowerPoint PPT Presentation

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Paint Additives Market 2018 Global Market Challenge, Driver, Trends & Forecast to 2023

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Market Segmentation The global paint additive market is estimated to grow at a CAGR of over 6.4% during the assessment period, 2018–2023. 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. Request Sample for This Report @ – PowerPoint PPT presentation

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Title: Paint Additives Market 2018 Global Market Challenge, Driver, Trends & Forecast to 2023


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Paint Additives Market Research Report Forecast
to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
REQUEST SAMPLE
VIEW REPORTS
3
Paint Additives Market - 2023
Global Paint Additives Market
Information By Product Type (Rheology Modifiers,
Biocides), Application (Architectural,
Industrial, Automotive, Industrial, Wood
Furniture), Region Forecast Till 2023 Synopsis
of Paint Additives market 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, 20182023. 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.
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Paint Additives Market - 2023
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. 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.
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Paint Additives Market - 2023
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
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ABOUT US
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 products,
services, technologies, applications, end users,
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. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
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