In many underdeveloped and developed regions, the
global paints and coating thickeners market is being fueled by a recovering
construction segment and the strong automotive production. For instance, the
manufacturers of the paints and thickeners are fueled by the mega trends which
majorly involve the increase in the healthy living and digital requirement,
smart cities and high concern related to the environment.
Hence, the increasing utilization of the paint and coating thickeners in
construction and building applications is propelling the market growth of paint
and coating thickeners. The companies are pampered in the several profitable
research and development activities to revolutionize and enhance the new
products, which can open original paths of applications.
According to the report analysis, ‘Paint
and Coating Thickeners Market’ states that there are several key
players which are presently functioning in this sector more actively for
leading the wildest market growth and dominating the handsome value of market
share across the globe in the near future while increasing the investment in
the end use segment and increasing the end user activities in the
underdeveloped region includes BASF, Clariant, Ashland, DowDuPont, and Arkema.
Some of the major customers are Sherwin-Williams, PPG Industries, Axalta
Coating systems, AkzoNobel, and RPM International and several others.
The augmenting demand from the end use industries in underdeveloped
regions is quickening the growth of paint
and coating thickeners. On the other hand, the significant growth in the economies
and growing per capita income along with the significant increase in the ultimatum
for the packaging is supporting the market. The augmented innovation and
research and development programs is assisting in enlargement of paint and
coating application areas delivering the additional growth opportunities to the
market.
Additionally, the customers and socio-ecological
subjects all play an important role in shaping the paints and coatings industry.
Sustainability is flattering an important part of the input selection and final
product qualities, comprising the renewable raw materials, new environmentally
friendly technologies, and accountable manufacturing.
The growing requirement for the paint and coating
thickeners from the building and construction, transportation, packaging, and
industrial industries is fueling the paint and coating thickeners market across
the globe. The Asia Pacific region is accounting the market of paint and
coating thickeners during the forecast period followed by the North America and
Europe. Paint and coating thickeners is utilized in the several applications.
The growth of the end-use industries is prospective to fuel the growth of the
market during the forecast period. The companies functioning in the
manufacturing of paint and coating thickeners are vigorously participating to augment
their product varieties along with enhancements in the supply networks and thus
developing their positions in the paint and coating thickeners market.
Furthermore, based on the end user, the market of
paint and thickeners is sectored into building and construction,
transportation, packaging, textile, industrial and several others. Yet, it is
anticipated that the market of paint and thickeners will increase across the
globe more positively over the forecasted period with the significant amount of
investment by the coming and potential investors.
For more information on the research
report, refer to below link:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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