123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Paint Additives Market 2023 Extend Growth And Technology Leadership: Vendors, Trends, Challenges, Dr

Profile Picture
By Author: Market Research Future
Total Articles: 175
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Market Definition:

Based on the region, the market is segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific was leading the paint additives market in 2019 and is expected to grow at a significant rate during the review period with construction and automobile industry. North America emerged as the second largest market in 2019 owing to the presence of major paint and coating manufacturers. Furthermore, the burgeoning automobile industry coupled with increased spending on construction activities is likely to propel the market growth.

Market Scenario and Growth Factors:

On the basis of the application, the market is segregated into architectural, industrial, wood and furniture, automotive and others. The architectural application segment accounted for the largest market share owing to increasing demand for the residential and commercial building. Architectural coatings are used in roofs, walls, and deck finishes among others. Based on the region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & ...
... Africa.

Some of the key 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,
Daikin Industries, Ltd.
Regional Analysis:

Europe is a prominent region in the global paint additives market with growing paint and coatings industry as a result of rising construction spending in Germany. However, the strict EU regulations in the region are expected to restrict the market growth to some extent. Latin America and the Middle East & Africa are emerging markets, which are likely to show healthy growth during the review period. The growing industrialization in this region is projected to drive the growth of the paint additives market.

On the basis of the product type, the market is segregated into rheology modifiers, biocides, anti-foamers, wetting and dispersion agents, and others. The rheology modifiers were the largest segment in 2019 and is expected to continue dominating the market during the forecast period. The segment accounted for over 25% of the total revenue of the global paint additive market. These additives are major ingredients used in paints, coatings, and inks to enhance the properties and characteristic of the fluids. Rheology modifiers also reduce spattering during application hence are extensively used in wide range of industries.

Total Views: 172Word Count: 374See All articles From Author

Add Comment

Business Articles

1. How To Choose The Right Franchise
Author: Sparkleminds

2. Things You Need To Know About Buying Wordpress Hosting
Author: jaysurya

3. What Do You Understand By Web Hosting For Sale?
Author: jaysurya

4. The Best Mass Gainers For Different Types Of Muscle Gains
Author: probilder

5. Can Nutrex Lipo 6 Black Natural And Nutrex Lipo6 Black Ultra Concentrate Help You Lose Weight?
Author: probilder

6. Buy Real And Cheap Youtube Views
Author: Daniel Jones

7. What Are The Characteristics Of Effective Communication?
Author: Charles

8. Company Set Up With Bank Account Can Help You Get A Bank Loan Easily!
Author: TBA Associate

9. Best Gel And Foam Cushions Deliver Great Comfort And Support!
Author: Kelvin Thomas

10. Combo X70 Impels Balaji Construction’s M-sand Journey In Omerga, Maharashtra
Author: cdeasia

11. How To Use Proof Alcohol For Sterilization?
Author: Andrew Winslow

12. What Are The Significance Of Poly(methyl Methacrylate) Microspheres?
Author: Alpha Nanotech

13. Acknowledge The Major Changes In Brc Food Issue 9
Author: john

14. Advantages Of Maverick 88 Heat Shield
Author: Slade Street Tactical

15. Remington 870 Heat Shield Magpul: Try Out For An Impressive Experience
Author: Slade Street Tactical

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: