The global Paint additives Market was valued at $7.36Billion in 2017 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2025, culminating in 2025 global sales of $15.7 Billion.
Paint additive is a substance which is used to added generally in small concentration to the resin in order to facilitate processing & change the chemical, physical properties of the paint. The additivehas an impact on paint performance & application properties. It helps the appearance & durability of coatings by the flow of paints. The additiveis small amounts of substances modifying the paint properties like oxidation of the binder, increase the flexibility of the paint, improve flow properties, increasing the colloidal stability of paint in a liquid state, improve the adhesion of the coating to the substrate, reduce the corrosion rate of substrate.
“Optimal Price Point (OPP) for Paint Additives”
Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On an average, in the China Paint Additives materials are available at USD xxx- USD xxxx. However, the high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.
Paint AdditivesMarket “by Product Categories”
We have segmented the Paint Additives based on product categories as Rheology Modifiers, Biocides, Anti-Foamers, Wetting & Dispersion Agents.
We have observed the significant use of rheology modifiers product by paint additives. Rheological modifiers are used in paints for control the precise properties & characteristics of fluid products. It adjusts the flow behavior of paints & coatings & improves viscosity and application characteristics. So, increase the demand byRheology modifiers products has anticipated to the growth for paint additives market over the forecast period
Paint Additives by Market“Application”
We have segmented the Paint Additives market based on Application are Architectural, Industrial, Wood & furniture, Automotive, Others.
We have observed the significant growth of paint additive by the application of Industrial sectors which dominate the market during the forecast period. It is used in a marine application like paints in all kind of vessels including cargo & Commercial including heat coating resistant for flares & pipes, used in can coating, used in coil coatings like applied on coil & strips, metal sheet, a household appliance which demands the market growth during the forecast period.
Asia Pacific accounted for the maximum revenue share of over xx% in 2017 due to increased demand of Paint additives market followed by EU- Top 5 countries contribute $X.6 Billion in 2017 and expected to reach $x.5 Billion by 2023.
The key regions analyzed in the study include North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. In 2017, Asia Pacific held the largest share for Paint Additives market due to the demand for infrastructure, housing, development. The Asia Pacific is expected to have the highest growth due to China & this would be followed by Europe.
Expanding Residential, Nonresidential buildings, Automotive with the increasing populations generates a demand for Paint Additives. We are observing that Paint Additives is a good option as it can create a good impact for construction, automotive, marine, industrial sectors.
“Competitive Landscape “and “Merger & Acquisition Insights”
The key market participants include Buckman Laboratories InternationalInc, ANGUS Chemical Company, Ashland Global Holdings Inc, Evonik Industries, BASF SE, Arkema S. A, AkzoNobel N.V., are few major players in Paint Additives markets. The market forPaint Additives is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovation& new product development are a major focus area for dominant companies.
Paint Additives Market by Product Categories (Revenue, Million, 2014 – 2025)
- Rheology Modifiers,
- Wetting & Dispersion Agents
Paint Additives Market byApplication (Revenue, Million, 2014 – 2025)
- Wood & furniture
Paint Additives materials Market Regional Outlook (Revenue, USD Million, 2014- 2025)
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
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