Paint additives are the additives added in the paints at the time of their production to increase their performance, functionality, efficiency, and excellence of paints. The increasing demand of paint additives from automotive industries to increase the durability of paints is increasing the market growth. Wet paints required maximum electricity and that acts as a challenge for the manufacturers. Some of the paint additives are toxic which can restrain the market growth.
MARKET DYNAMICS
The paint additives market has witnessed significant growth due to the rising automotive industries. Moreover, growing R&D activities provides a huge market opportunity for the key players operating in the paint additives market. However, strict government regulations is projected to hamper the overall growth of the paint additives market in the forecast period.
MARKET SCOPE
The "Global Paint Additives Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the paint additives market with detailed market segmentation product, application, and geography. The global paint additives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading paint additives market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global paint additives market is segmented on the basis of product and application. On the basis of product, the global paint additives market is divided into rheology modifiers, biocides, anti-foamers, wetting & dispersion agents. On the basis of application, the global paint additives market is divided into architectural, industrial, wood & furniture, automotive, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global paint additives market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The paint additives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report also includes the profiles affecting the paint additives market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the paint additives market in these regions.
MARKET PLAYERS
The reports cover key developments in the paint additives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as type launches, type approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from paint additives market is anticipated to lucrative growth opportunities in the future with the rising demand for paint additives in the global market. Below mentioned is the list of few companies engaged in the paint additives market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the paint additives market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3M
- Gebr?der Dorfner GmbH and Co
- Huber Engineered Materials
- IMCD N.V.
- Imerys
- Minerals Technologies Inc.
- Nippon Electric Glass Co.,Ltd
- Omya AG
- Sibelco
- Willamette Valley Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.