Global Paint Thickeners Market, By Type (Starch, Xanthan Gum, Carrageenan, Guar Gum, Locust Bean Gum, Gum Arabic, Others), End-Users (Building and Construction, Transportation, Packaging, Textile, Industrial, Others), Paint Type (Water-Based Paint, Oil Based Paint, Solvent-Based Paint), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Paint Thickeners Market
Paint thickeners market will expect to grow at a rate of 3.90% for the forecast period of 2021 to 2028. Paint thickeners market report analyses the growth, which is currently being growing due to the increasing need for efficiency in packaging.
Rheology modifiers used to achieve optimum efficiency in paint and coating systems by monitoring their stability, thixotropy, stain resistance, and sagging are paint thickeners. In order to obtain optimum flow behaviour, they are usually introduced before the dispersing stage. All major types of paint thickeners can be either grouped as organic or inorganic paint thickeners.
The growing adoption of new technological advancements in these thickeners, rising trend of painting the walls with new technologies, increasing growth of the industrial, transportation and textile sector across the globe, rising number of population, increasing levels of disposable income of the people along with improving consumer awareness among the consumer, surging levels of investment by the government and private sector on essential public infrastructure are some of the major as well as vital factors which will likely to augment the growth of the paint thickeners market in the projected timeframe of 2021-2028. On the other hand, rapid growth of the construction industry in various regions, increasing levels of investment in research and development activities while helps in the expansion of the industry along with growing demand for decorative paints for various aesthetic reasons which will further contribute by generating massive opportunities that will lead to the growth of the paint thickeners market in the above mentioned projected timeframe.
Volatility in the prices of raw material along with changing the geopolitical structure of various countries which will likely to act as market restraints factor for the growth of the paint thickeners in the above mentioned projected timeframe. Rising concern regarding the side effects of thickeners along with poor rheological properties which will become the biggest and foremost challenge for the growth of the market.
This paint thickeners market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on paint thickeners market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Paint Thickeners Market Scope and Market Size
Paint thickeners market is segmented on the basis of type, end-users and paint type. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the paint thickeners market is segmented into starch, xanthan gum, carrageenan, guar gum, locust bean gum, gum Arabic, others.
- Based on end-users, the paint thickeners market is segmented into building and construction, transportation, packaging, textile, industrial, and others.
- On the basis of paint type, the paint thickeners market is segmented into water-based paint, oil based paint, and solvent-based paint.
Paint Thickeners Market Country Level Analysis
Paint thickeners market is analysed and market size, volume information is provided by country, type, end-users and paint type as referenced above.
The countries covered in the paint thickeners market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
China dominates the Asia-Pacific paint thickeners market due to the growing demand for decorative paints for various aesthetic reasons, the rapid growth of the construction industry, increasing levels of disposable income of the people along with improving consumer awareness among the consumer in the region. Europe region is expected to hold the largest growth rate in the paint thickeners market during the forecast period of 2021-2028 due to the rising demand of the product from the building and construction, transportation, packaging and industrial industries in this region.
The country section of the report also provides individual paint thickeners market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Paint Thickeners Market Share Analysis
Paint thickeners market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to paint thickeners market.
The major players covered in the paint thickeners market report are BASF SE; Cargill, Incorporated.; Henkel Adhesives Technologies India Private Limited.; DuPont; Ingredion Incorporated; ADM; Eastman Chemical Company; Akzo Nobel N.V.; Ashland; CP Kelco U.S., Inc.; Celanese Corporation; PPG Industries, Inc.; The Lubrizol Corporation; Tate & Lyle; PQ Corporation; BYK-Chemie GmbH; The Sherwin-Williams Company; SAN NOPCO LIMITED; Clariant; Dow; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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