Paint Additives Market CAGR Projected to Grow at 4.8% Through 2022

Future Market Insights has announced the addition of the “Paint Additives Market: Global Industry Analysis and Opportunity Assessment 2017 - 2022" report to their offering.
Valley Cottage, ( - comunicati stampa - industria)

The global market for paint additives is highly fragmented, with presence of several regional and international players. A number of domestic vendors have been observed to enter the market, influenced by rapid growth in urbanisation and industrialization in emerging economies. These vendors are competing on the basis of innovation, product quality, price, operation cost, and economies of scale for strengthening their position in the market. A latest research by Future Market Insights (FMI) projects the global market for paint additives to exhibit a moderate 4.8% CAGR during the forecast period 2017 to 2022. Revenues from the global paint additives market will reach nearly US$ 9,000 Mn by 2022-end.

Vendors of Paint Additives are Focusing on Product Differentiation & Innovation to Maintain their Market Presence

Huge investments are being made by vendors of insulating paint additives in research & development activities, with an aim of reducing the cost associated with manufacturing and operation. Vendors are also concentrating on product extensions and new technologies, to develop highly efficient products with enhanced properties. Innovation and product differentiation are primarily adopted strategies by vendors in the market to maintain their presence in the market. These factors might influence expansion of paint additives market across the globe. In addition, rapid economic expansion in developing countries has led toward a rise in industrial activities and architectural construction. This has further fuelled adoption of paints, thereby creating huge demand for paint additives.

View and Download TOC of Paint Additives Market Research Report@

Although environmental regulations have kept expansion of the paint industry in check, manufacturers of paints are endlessly stressing on reformulating their products, which in turn is driving demand for novel additives. Surging demand for multifunctional additives is another major factor favouring growth of the global paint additives market. Utilised in paint formulations, multifunctional additives offer performance level similar to that of individual additives. Multifunctional additives reduce the cost, and simplify the formulating process, and help aqueous solutions to perform well and remain compliant with safety standards.

Architectural Sector to Remain Dominant End-users of Paint Additives

Architectural sector is the major end-user of paint additives and will continue to dominate the market, in terms of revenues. Rising construction of residential and commercial buildings, especially in emerging regions, will drive demand for paint additives, as they improve corrosion resistance, abrasion resistance, thermal stability, and water resistance. Growing urbanization, improving living standards of population worldwide, and growth in construction activities are factors fuelling adoption of paint additive in the architectural end-use industry.

Request and Download Sample Report@

Sales of paint additives will witness the fastest expansion in anti-foaming, and biocides impact modification applications. In addition, sales of paint additives for application in wetting & dispersion, and rheology modification are expected to register a parallel expansion through 2022. Wetting & dispersion is expected to remain the least lucrative application of paint additives over the forecast period.

By formulation type, although solvent-based paint additives are poised to remain preferred in the market, demand for water-based paint additives will gain significant traction among end-users in the near future. Demand for solvent-based paint additives is expected to witness a fall, owing to rising environmental regulations, which in turn is driving adoption of water-based paint additives. However, revenue share of solvent-based paint additives in the market will remain relatively larger during 2017 to 2022.

Acrylics to Remain Sought-after among Products in the Market

Acrylics are expected to remain sought-after among products in the global paint additives market, followed by fluoropolymers. Sales of fluoropolymers and acrylics are expected to exhibit similar CAGRs in the market through 2022. In addition, sales of acrylics is expected to account for nearly US$ 2,500 Mn revenues by 2022-end.

Buy Full Paint Additives Market Report@

Europe is expected to remain the largest market for paint additives, in terms of revenues. The paint additives market in Asia-Pacific excluding Japan (APEJ) is expected to create an absolute $ opportunity of nearly US$ 400 Mn between 2017 and 2022. The market in Japan is projected to register a relative faster expansion than all remaining regional segments included in the report.

FMI’s report has listed key leading companies manufacturing paint additives, which include Daikin Industries, Ltd., Lonza Group AG, Arch Chemicals, Evonik Industries AG, Dow Chemical, Asahi Glass Co., Ltd., BYK-Chemie GmbH, BASF SE, Ashland Global Holdings, Inc., Arkema SA, and Akzo Nobel NV.

Paint Additives Market CAGR Projected to Grow at 4.8% Through 2022
Facebook Twitter GooglePlus Pinterest Linkedin Tumblr
Per maggiori informazioni
Pradnya Kulkarni
Future Market Insights
616 Corporate Way, Suite 2-9018
10989 Valley Cottage (New York) Stati Uniti
Ufficio Stampa
Pradnya Kulkarni
 Future Market Insights (Leggi tutti i comunicati)
616 Corporate Way, Suite 2-9018
10989 Valley Cottage
Plastic Additives Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024  -  Plastics additives are chemicals which are used to polymerize, process or to achieve desired properties in end use of plastics. They may be all chemical used in plastic industry except monomer, polymer, co-polymer or physical mixture of two…
Global Organic Hair Care Market is expected to grow at the CAGR of 9.5% during 2017-2025: Brisk Insights  -  According to a recently published report by Brisk Insights, the Global Organic Hair Care Market is expected to grow at the CAGR of 9.5% during 2017-2025. The global organic hair care market is segmented on the basis of product type and…
Fruit Concentrate Puree Market to Grow at a CAGR of 4.8% through 2026 Fruit Concentrate Puree Market to Grow at a CAGR of 4.8% through 2026  -  The Exotic Fruit segment will retain its dominance in the global fruit concentrate puree market during 2016 – 2026 The Exotic Fruit segment in the global fruit concentrate puree market is estimated to be valued at more than US$ 400 Mn in 2017, which is estimated to…
Global Telemedicine Market to Grow at CAGR of 14% from 2014 to 2020 Global Telemedicine Market to Grow at CAGR of 14% from 2014 to 2020  -  Zion Market Research has published a new report titled “Telemedicine (Tele-Consultation, Tele-Monitoring, Tele-Education, Tele-Training, Tele-Care, and Tele-Surgery) Market for Cardiology, Dermatology, Neurology, Orthopedics, Emergency Care, Internal Medicine, Gynecology, and…
EDiscovery Market Analysis Will Expand at a CAGR of 16.5% from 2015 - 2022 EDiscovery Market Analysis Will Expand at a CAGR of 16.5% from 2015 - 2022  -  Increasing dependence on digital information management for efficiencies and accuracy has led towards adoption of solutions such as eDiscovery especially among legal firms and enterprises. Computer forensics, also known as cyber forensics, is a specific form of…