#europe automotive paints and coatings market trends | Explore Tumblr Posts and Blogs

mordormr · 3 days

Text

Europe Automotive Paints and Coatings Industry: A Spectrum of Innovation and Sustainability

The European automotive paints and coatings market is experiencing significant growth as it adapts to evolving environmental regulations and consumer demands. The Europe automotive paints and coatings market size is projected to be valued at USD 4.96 billion in 2024 and is anticipated to reach USD 5.76 billion by 2029, with a compound annual growth rate (CAGR) of 3% over the forecast period (2024-2029).

Market Overview:

The European automotive paints and coatings industry is highly advanced, driven by the region’s strong automotive manufacturing sector and strict environmental regulations. From luxury cars to commercial vehicles, manufacturers rely on high-performance coatings to ensure durability and maintain the vehicle’s aesthetic over time.

Key Drivers of Growth:

Environmental Regulations: The push for sustainability is driving the adoption of eco-friendly coatings, such as water-based and powder coatings. Regulations focused on reducing volatile organic compounds (VOCs) are influencing manufacturers to invest in green technologies.

Automotive Industry Growth: Europe, being a hub for luxury car manufacturers, is witnessing increasing demand for premium-quality finishes, driving innovations in the automotive paints and coatings sector.

Technological Advancements: The market is benefiting from innovations in coating materials, such as nano-coatings, which offer enhanced durability and scratch resistance, and self-healing coatings that can repair minor surface damage.

Electric Vehicle (EV) Boom: As Europe accelerates its transition to electric vehicles, the demand for specialized coatings that address the unique thermal and electrical needs of EVs is on the rise.

Emerging Trends in the European Market:

Sustainability and Eco-Friendly Solutions: Automotive paint manufacturers are increasingly focused on developing low-VOC and solvent-free coatings to meet stringent environmental standards in Europe. Green coatings are gaining traction as they reduce emissions and pollution without compromising performance.

Customization and Aesthetics: Consumers are showing a growing interest in personalized and high-quality vehicle finishes. As a result, the demand for custom colors, metallic finishes, and smart coatings that change colors is increasing.

Increased Focus on Lightweighting: With automakers looking to reduce vehicle weight to improve fuel efficiency, the demand for lightweight, durable coatings that can adhere to modern lightweight materials such as aluminum and carbon fiber is rising.

Corrosion Protection: Advanced coatings that provide long-lasting corrosion resistance, especially in harsh climates, are seeing high demand from automotive manufacturers.

Future Outlook:

As the European automotive market continues to evolve, the paints and coatings industry is expected to see robust growth. The shift toward electric vehicles, coupled with increasing consumer demand for sustainable and high-performance products, will be key drivers for market expansion. Furthermore, the ongoing innovation in nano-technology and smart coatings will shape the future of automotive paint applications in the region.

Conclusion:

The European automotive paints and coatings industry is undergoing significant transformation, driven by technological innovations, environmental concerns, and evolving consumer preferences. As the industry continues to focus on sustainability, aesthetics, and functionality, it is set to play a pivotal role in shaping the future of the automotive sector.

For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence https://www.mordorintelligence.com/industry-reports/europe-automotive-paints-and-coatings-market

#europe automotive paints and coatings market #europe automotive paints and coatings market size #europe automotive paints and coatings market share #europe automotive paints and coatings market trends #europe automotive paints and coatings market analysis #europe automotive paints and coatings market forecast

0 notes

tmr-blogs2 · 2 days

Text

Paint Remover Market Forecast 2024-2034: Trends, Growth, and Opportunities

The paint remover market is poised for substantial growth from 2024 to 2034, driven by the rising demand across various industries such as automotive, construction, aerospace, and marine sectors. Paint removers, also known as paint strippers, are chemical products designed to remove old or unwanted paint, varnish, or coatings from surfaces like wood, metal, and plastic. With an increasing focus on eco-friendly and safe alternatives, the industry is evolving to meet both regulatory standards and consumer expectations for non-toxic, efficient, and sustainable products.

The global paint remover industry, valued at US$ 1.0 billion in 2023, is projected to grow at a CAGR of 5.0% from 2024 to 2034, reaching US$ 1.8 billion by the end of the forecast period. The market's growth will be fueled by a surge in restoration and renovation projects, rising consumer awareness of environmentally friendly products, and technological advancements in paint removal techniques.

CAGR projections suggest a growth rate of 5.0% over the forecast period, indicating strong market potential, particularly in emerging economies where industrial and infrastructure development is booming.

For More Details, Request for a Sample of this Research Report: https://www.transparencymarketresearch.com/paint-remover-market.html

Market Segmentation

By Service Type

Solvent-based Paint Removers: These traditional paint removers, typically using strong chemicals, dominate the market but are facing growing competition from more environmentally friendly options.

Caustic-based Paint Removers: Known for their strong effectiveness, caustic paint removers are commonly used in industrial settings.

Bio-based Paint Removers: With rising environmental concerns, bio-based alternatives are gaining significant traction.

By Sourcing Type

Manufacturers

Distributors

Retailers

By Application

Residential

Commercial

Industrial

By Industry Vertical

Automotive: Increasing need for refurbishing and paint removal in vehicle restoration.

Construction: Demand for paint removal in renovation projects.

Aerospace: Growth in aircraft maintenance.

Marine: Paint removers are crucial for ship and boat maintenance.

By Region

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Regional Analysis

North America: The North American market is projected to dominate in terms of revenue due to the robust automotive and aerospace industries. Moreover, stringent environmental regulations are driving the development and adoption of eco-friendly paint removers.

Europe: Europe is expected to witness steady growth due to the region's focus on sustainable solutions and the demand for high-quality restoration services, especially in heritage building conservation.

Asia Pacific: The fastest-growing region, Asia Pacific's market expansion will be fueled by rapid industrialization, urbanization, and infrastructure development, particularly in China and India.

Latin America: Growing investments in the construction and marine sectors will drive demand for paint removers.

Middle East & Africa: Increasing infrastructure projects and oil & gas sector developments are expected to contribute to market growth in this region.

Market Drivers and Challenges

Market Drivers

Increased Renovation and Restoration Projects: The surge in home renovations and historical building restorations is a key growth driver.

Environmental Regulations: Stricter government regulations concerning the use of hazardous chemicals in paint removers are boosting the adoption of eco-friendly products.

Technological Advancements: Innovations in formulation technologies are enhancing the efficacy of paint removers, particularly in industrial applications.

Market Challenges

Health and Environmental Concerns: Traditional paint removers often contain harmful chemicals, such as methylene chloride, which pose health risks and environmental hazards.

High Cost of Eco-friendly Alternatives: The cost of developing and manufacturing environmentally safe products can be higher, which might limit their accessibility in price-sensitive markets.

Market Trends

Shift Towards Bio-based and Non-toxic Paint Removers: Manufacturers are increasingly focusing on sustainable, bio-based formulations that minimize environmental impact while ensuring high efficacy.

Increased Demand from the Automotive and Aerospace Sectors: With the growth of the electric vehicle market and advancements in aerospace technologies, the demand for paint removers in these sectors is set to rise.

Rise in DIY Home Improvement: With the increasing trend of DIY projects, there is growing demand for user-friendly paint removers, particularly in the residential sector.

Future Outlook

The future of the paint remover market is largely shaped by sustainability, innovation, and regulation. As consumers and industries move towards greener alternatives, the market for eco-friendly paint removers is expected to expand significantly. Additionally, technological innovations aimed at improving product safety, ease of use, and effectiveness will play a critical role in shaping the market's future.

Key Market Study Points

Projected market growth and CAGR for 2024-2034.

Segmentation analysis, identifying major product types, applications, and regions.

The impact of regulatory changes on product development and market demand.

Key drivers such as renovation projects, environmental regulations, and technological advancements.

Buy this Premium Research Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=49779&ltype=S

Competitive Landscape

The competitive landscape of the paint remover market is characterized by the presence of both global and regional players. Key market players are focusing on expanding their product portfolios to include eco-friendly options while investing in research and development to improve the efficacy and safety of their products.

Key Players:

3M Company

Henkel AG & Co.

Franmar Chemical, Inc.

Sunnyside Corporation

Dumond Chemicals, Inc.

These companies are adopting strategies such as mergers, acquisitions, and partnerships to strengthen their market position and expand their global footprint.

Recent Developments

In 2023, 3M introduced a new bio-based paint remover that meets strict environmental safety standards.

Henkel announced plans to develop a non-toxic, fast-acting paint remover designed specifically for the automotive industry, set to launch in 2025.

Franmar Chemical has expanded its distribution network in Asia Pacific, capitalizing on the region’s industrial growth.

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact:

Transparency Market Research Inc.

CORPORATE HEADQUARTER DOWNTOWN,

1000 N. West Street,

Suite 1200, Wilmington, Delaware 19801 USA

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Website: https://www.transparencymarketresearch.com

0 notes

shubhampawrainfinium · 2 days

Text

A Coat of Perfection: The Future of Automotive Paints

According to the report, the global automotive paints and coatings market is projected to grow at a compound annual growth rate (CAGR) of about 5.50% during the forecast period of 2022-2028. In 2022, the market was valued at nearly USD 16 billion and is expected to exceed USD 22 billion by 2028, driven by increasing vehicle production and demand for enhanced aesthetics and protection.

What Are Automotive Paints and Coatings?

Automotive paints and coatings are specialized materials applied to vehicle surfaces for both aesthetic appeal and protection against environmental factors. These coatings not only provide color and shine but also safeguard vehicles from corrosion, UV radiation, and wear and tear.

Get Sample pages of Report: https://www.infiniumglobalresearch.com/reports/sample-request/1154

Market Dynamics and Growth Drivers

The global automotive paints and coatings market is experiencing growth due to several key factors:

Increase in Vehicle Production: Rising global vehicle production, especially in emerging markets, is a significant factor driving the demand for automotive paints and coatings. As more cars are manufactured, the need for high-quality paints and coatings that enhance appearance and durability increases.

Growing Focus on Aesthetics and Customization: Consumers are placing greater emphasis on the aesthetic appeal of their vehicles, which has boosted demand for innovative and premium automotive paints and coatings. Customization trends, including unique colors and finishes, have also contributed to market growth.

Advancements in Coating Technologies: Technological advancements in coating materials, such as waterborne and powder coatings, which are more environmentally friendly and efficient, are further propelling the market. These advancements help manufacturers meet stringent environmental regulations and reduce volatile organic compound (VOC) emissions.

Rising Demand for Electric Vehicles (EVs): The growing adoption of electric vehicles is creating new opportunities for the automotive paints and coatings market. EV manufacturers are focusing on lightweight materials and coatings that improve energy efficiency and contribute to the overall aesthetics of their vehicles.

Market Segmentation and Application

The automotive paints and coatings market can be segmented based on type, technology, and vehicle type:

By Type:

Primer: Provides a base layer for adhesion and protection against corrosion.

Basecoat: Adds color and appearance to the vehicle.

Clearcoat: Offers a protective, glossy finish that resists scratches and UV rays.

By Technology:

Solvent-borne Coatings: Widely used but facing regulatory challenges due to high VOC emissions.

Waterborne Coatings: Environmentally friendly with low VOC emissions, gaining traction due to regulatory compliance.

Powder Coatings: Offer excellent durability, corrosion resistance, and minimal environmental impact.

By Vehicle Type:

Passenger Cars: Represent the largest segment, driving demand for a wide range of aesthetic and protective coatings.

Commercial Vehicles: Require durable coatings that can withstand harsh operating environments.

Electric Vehicles: Require lightweight coatings to enhance energy efficiency and aesthetics.

Regional Analysis

Asia-Pacific: The Asia-Pacific region dominates the global automotive paints and coatings market, driven by high vehicle production in countries like China, India, and Japan. The region's growing automotive industry, coupled with rising disposable income and increasing consumer demand for premium cars, is fueling market growth.

North America: The market in North America is supported by technological advancements and a strong focus on sustainability. The growing popularity of electric vehicles and premium automotive finishes is driving demand for innovative paints and coatings solutions in the region.

Europe: Europe's market is driven by stringent environmental regulations that encourage the use of eco-friendly and low-VOC automotive coatings. The region's focus on sustainability and electric vehicle production is contributing to market growth.

Latin America and Middle East & Africa: These regions are witnessing steady growth due to increasing vehicle production and a rising middle-class population. The growing automotive aftermarket and demand for vehicle refurbishment are also supporting market expansion.

Competitive Landscape

The global automotive paints and coatings market is highly competitive, with key players focusing on product innovation, sustainability, and expanding their global footprint. Major companies in the market include:

PPG Industries, Inc.: A leading player in the automotive paints and coatings market, PPG offers a wide range of innovative coatings solutions, including environmentally friendly waterborne and powder coatings.

Axalta Coating Systems: Specializes in high-performance coatings for automotive applications, known for its durable and customizable coatings solutions.

BASF SE: A global leader in chemical production, BASF provides advanced automotive coatings that meet environmental regulations and offer superior protection and aesthetics.

Nippon Paint Holdings Co., Ltd.: Focuses on eco-friendly and durable automotive coatings, with a strong presence in the Asia-Pacific market.

AkzoNobel N.V.: Known for its innovative and sustainable coatings solutions, AkzoNobel offers a wide range of automotive paints and coatings that meet evolving market needs.

Report Overview : https://www.infiniumglobalresearch.com/reports/global-automotive-paints-and-coatings-market

Challenges and Opportunities

While the automotive paints and coatings market presents significant growth opportunities, it also faces challenges such as fluctuating raw material prices and stringent environmental regulations on VOC emissions. However, these challenges are driving innovation in the market, with companies focusing on the development of waterborne and powder coatings to meet regulatory standards and reduce environmental impact.

Conclusion

The global automotive paints and coatings market is poised for steady growth, with increasing vehicle production, demand for customization, and advancements in coating technologies driving the market forward. As the market is expected to surpass USD 22 billion by 2028, companies that focus on sustainability, innovation, and meeting consumer demands for aesthetic and protective solutions will continue to thrive in this competitive landscape.

0 notes

dh5ryxhgbctgr · 2 days

Text

Global Air Knife Coater Market Assessment and Future Developments Analysis 2024 - 2031

The global air knife coater market is evolving rapidly, driven by advancements in coating technologies and increasing demand for precision coating in various industries. This article explores the key trends, applications, regional dynamics, and future outlook of the air knife coater market.

Key Trends in the Air Knife Coater Market

Growing Demand for High-Quality Coatings

The demand for high-quality coatings that enhance product performance and aesthetics is on the rise. Industries such as packaging, automotive, and electronics are increasingly adopting air knife coating technologies to achieve uniform coating applications with minimal material waste.

Technological Innovations

Recent innovations in air knife coater technology have significantly improved efficiency and effectiveness. New designs, such as adjustable air knives and automated systems, allow for better control of coating thickness and consistency, thereby enhancing product quality.

Focus on Sustainability

As industries strive to reduce their environmental impact, the air knife coater market is witnessing a shift towards sustainable coating solutions. Air knife coaters minimize material waste and VOC emissions, making them an attractive option for manufacturers seeking eco-friendly alternatives.

Applications of Air Knife Coaters

Packaging Industry

Air knife coaters are widely used in the packaging industry for applying coatings, adhesives, and inks. Their ability to deliver a precise and uniform coating makes them ideal for various packaging materials, including plastics, paper, and metal.

Automotive Industry

In the automotive sector, air knife coaters are employed for applying protective coatings and paints on vehicle components. These coaters ensure a smooth finish and uniform application, enhancing both the durability and aesthetic appeal of automotive parts.

Electronics Manufacturing

The electronics industry relies on air knife coaters for applying conformal coatings to circuit boards and other electronic components. These coatings protect sensitive parts from moisture, dust, and corrosion, ensuring long-term reliability and performance.

Regional Analysis

North America

North America is a significant player in the global air knife coater market, driven by advancements in manufacturing technologies and a strong focus on innovation. The region’s robust automotive and electronics sectors further bolster the demand for efficient coating solutions.

Europe

Europe is witnessing substantial growth in the air knife coater market, largely due to stringent environmental regulations and a focus on sustainable manufacturing practices. Countries such as Germany and the UK are leading the way in adopting advanced coating technologies across various industries.

Asia-Pacific

The Asia-Pacific region is experiencing rapid growth in the air knife coater market, fueled by expanding manufacturing capabilities and increasing investments in technology. Countries like China, Japan, and India are at the forefront, driven by the booming automotive and electronics industries.

Challenges Facing the Market

High Initial Investment

One of the primary challenges facing the air knife coater market is the high initial investment required for advanced coating systems. Smaller manufacturers may find it difficult to justify these costs, which could hinder widespread adoption.

Competition from Alternative Coating Technologies

The air knife coater market faces competition from alternative coating technologies such as roller coaters and spray coaters. Manufacturers must continuously innovate to differentiate their products and demonstrate the advantages of air knife coating systems.

Future Outlook

The future of the global air knife coater market appears promising, driven by ongoing technological advancements and increasing applications across various sectors.

Innovations in Coating Materials

Future developments in coating materials will likely enhance the performance of air knife coaters. The emergence of advanced polymers and eco-friendly coatings will open new avenues for application, catering to the growing demand for sustainable solutions.

Expansion of Automation

The integration of automation in air knife coating systems is expected to grow, improving efficiency and reducing labor costs. Automated air knife coaters can offer greater precision and consistency, making them an attractive option for manufacturers.

Conclusion

The global air knife coater market is poised for significant growth, driven by the demand for high-quality coatings and technological advancements. While challenges such as high initial investments and competition from alternative technologies exist, the overall outlook remains positive. As industries continue to seek sustainable and efficient coating solutions, air knife coaters will play a crucial role in shaping the future of manufacturing processes across various sectors.

#Global Air Knife Coater Market Size #Global Air Knife Coater Market Trend #Global Air Knife Coater Market Growth

0 notes

tamanna31 · 12 days

Text

Industrial Coatings Market Dynamics, Top Manufacturers Analysis, Trend And Demand, Forecast To 2030

Industrial Coatings Industry Overview

The global industrial coatings market size was valued at USD 87.19 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 2.5% from 2023 to 2030.

Industrial coatings are widely used in various other end-use sectors, including automotive and vehicle refinish, electronics, aerospace, oil & gas, mining, marine, and power generation. Automotive and refinish coatings are among the major industrial coatings. The growing usage of refinish coatings for automotive maintenance, repair, and aftermarket painting on account of visual appearance, surface protection, and corrosion resistance is expected to propel the demand for industrial coatings.

Gather more insights about the market drivers, restrains and growth of the Industrial Coatings Market

Moreover, the growing need for customized designs and paints in vehicles is likely to support the market growth. The U.S. is a leading manufacturer of aerospace and related components and one of the major aerospace markets in the world. The availability of well-trained aerospace engineers, machinists & other skilled laborers, and increasing air commute are driving investments in the U.S. aerospace industry. The presence of prominent aircraft manufacturers, such as The Boeing Company, Gulfstream Aerospace, and Textron Aviation, Inc., is expected to significantly fuel the growth of the aerospace industry in the country.

This, in turn, is anticipated to create ample growth opportunities for the market during the forecast period. Increasing awareness about vehicle paint protection by healing damages and scratches on vehicle surfaces has boosted market growth. Moreover, expanding the consumer base in the Middle East and Asia Pacific regions on account of the rising disposable income is expected to boost the product demand in the automotive and other end-use industries during the forecast period. Increasing demand for industrial coatings from packaging applications, such as caps & closures, and cans, is also projected to positively influence market growth in the coming years.

Excellent CO2 retention properties to preserve freshness and high flexibility & adhesion of these coatings are boosting their demand in the packaging industry. Furthermore, increasing construction activities drive product demand in the wood industry. However, environmental and health hazards associated with Volatile Organic Compounds (VOCs) are majorly affecting the industry growth. Various environmental and safety regulations, such as The Occupational Safety and Health Administration (OSHA), The Environmental Protection Agency (EPA), and California Air Resource Board (CARB), are being implemented by governments globally to limit the harmful effects of these compounds on human health and the environment.

Industrial Coatings Market Segmentation

Grand View Research has segmented the global industrial coatings market report on the basis of product, technology, end-user, and region:

Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Acrylic

Alkyd

Polyurethane

Epoxy

Polyester

Others

Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Solvent Borne

Water Borne

Powder Based

Others

End-user Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

General Industrial

Marine

Automotive & Vehicle Refinish

Electronics

Aerospace

Oil & Gas

Mining

Power Generation

Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

North America

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Central & South America

Brazil

Argentina

Middle East & Africa

Saudi Arabia

UAE

Browse through Grand View Research's Paints, Coatings & Printing Inks Industry Research Reports.

The global synthetic dyes market size was estimated at USD 6.35 billion in 2023 and is projected to reach at a CAGR of 6.8% from 2024 to 2030.

The global texture paints market size was estimated at USD 12,357.21 million in 2023 and is projected to grow at a CAGR of 4.5% from 2024 to 2030.

Key Companies & Market Share Insights

The industry is highly fragmented with the presence of several key as well as some small- and medium-scale global and regional players. The global players face intense competition from each other as well as from regional players who have well-established supply chain networks and are well aware of the regulations and suppliers in the market. Major players are involved in the expansion of their manufacturing facilities, R&D investments, mergers & acquisitions, and new product development to cater to the increasing global demand, ensure competitive effectiveness, enhance sales & operations planning, and expand their customer base. Some of the prominent players in the global industrial coatings market include:

Akzo Nobel N.V.

Axalta Coating Systems, LLC

Jotun

PPG Industries, Inc.

The Sherwin-Williams Company

Nippon Paint Holdings Co., Ltd.

Hempel A/S

Order a free sample PDF of the Industrial Coatings Market Intelligence Study, published by Grand View Research.

#Industrial Coatings Market

0 notes

businessindustry · 18 days

Text

Industrial Paint Robots Market Global Report, Analysis and Growth - 2032

The Reports and Insights, a leading market research company, has recently releases report titled “Industrial Paint Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Industrial Paint Robots Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Industrial Paint Robots?

The global industrial paint robots market size reached US$ 2.4 billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 5.3 billion in 2032, exhibiting a growth rate (CAGR) of 9.1% during 2024-2032.

What are Industrial Paint Robots Market?

Industrial paint robots are automated machines designed to apply paint or coatings with precision in manufacturing and production settings. Equipped with advanced sensors, programmable controls, and high accuracy, they ensure uniform and consistent paint application, boosting efficiency and minimizing waste. These robots are widely used in industries such as automotive, aerospace, and electronics, where exactness and quality are essential. In addition to speeding up the painting process and cutting labor costs, industrial paint robots enhance safety by reducing workers' exposure to hazardous chemicals and fumes.

Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/1918

What are the growth prospects and trends in the Industrial Paint Robots Market industry?

The industrial paint robots market growth is driven by various factors and trends. The industrial paint robots market is expanding quickly due to rising demand for automation in industries such as automotive, aerospace, and electronics, where precision and uniformity are essential. These robots provide key benefits like enhanced paint quality, reduced material waste, and lower labor costs, making them an attractive option for companies seeking to improve production efficiency. Technological advancements, including improved sensors and AI-driven controls, are further driving market growth by increasing robot accuracy and versatility. Additionally, the emphasis on worker safety and minimizing exposure to harmful chemicals is encouraging wider adoption of paint robots across various industries. Hence, all these factors contribute to industrial paint robots market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Robot Type:

Articulated Robots

Cartesian Robots

Selective Compliance Assembly Robot Arm (SCARA) Robots

Collaborative Robots

By End-Use Industry:

Automotive

Aerospace

Electronics

Furniture and Woodworking

Metal and Machinery

Others

Market Segmentation By Region:

North America:

United States

Canada

Europe:

Germany

United Kingdom

France

Italy

Spain

Russia

Poland

BENELUX

NORDIC

Rest of Europe

Asia Pacific:

China

Japan

India

South Korea

ASEAN

Australia & New Zealand

Rest of Asia Pacific

Latin America:

Brazil

Mexico

Argentina

Rest of Latin America

Middle East & Africa:

Saudi Arabia

South Africa

United Arab Emirates

Israel

Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

ABB Ltd.

Fanuc Corporation

Yaskawa Electric Corporation

KUKA AG

Kawasaki Heavy Industries Ltd.

Durr AG

Comau S.p.A.

Stäubli International AG

Universal Robots A/S

Nachi-Fujikoshi Corporation

Epson Robotics

Omron Corporation

CMA Robotics S.p.A.

FANUC Corporation

KAWASAKI Robotics GmbH

Discover more: https://www.reportsandinsights.com/report/industrial-paint-robots-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Reports and Insights Business Research Pvt. Ltd. 1820 Avenue M, Brooklyn, NY, 11230, United States Contact No: +1-(347)-748-1518 Email: [email protected] Website: https://www.reportsandinsights.com/ Follow us on LinkedIn: https://www.linkedin.com/company/report-and-insights/ Follow us on twitter: https://twitter.com/ReportsandInsi1

#Industrial Paint Robots Market Size #Industrial Paint Robots Market Share #Industrial Paint Robots Market Demand #Industrial Paint Robots Market Analysis

0 notes

communicationblogs · 23 days

Text

UV Stabilizers Market- Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2024–2030.

UV Stabilizers Market Overview :

UV Stabilize Market size is forecast to reach $2,243.13 million by 2030, after growing at a CAGR of 6.4% during 2024–2030, owing to the wide usage of UV stabilizer in various applications such as furniture, architectural, automotive, packaging, and more. UV stabilizers filters harmful UV light and helps prevent colour change and delamination of coatings, adhesives, and sealants owing to which it is extensively used in these applications. The growing need for packaging and automotive due to rapid urbanization and increasing population in various regions, is the major factor driving the growth of UV stabilizers market during the forecast period. In addition, the growing demand of greenhouse films globally is anticipated to play a key role in driving the UV stabilizers market during the forecast period.

Market snapshot

UV Stabilizers Market Report Coverage

The report: “UV Stabilizers Market — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the UV stabilizers Industry. By Type: Hindered Amine Light Stabilizers, UV Absorbers, and Quenchers By Application: Coatings (Waterborne Coatings, UV Curable Coatings, and Others), Adhesives and Sealants, Plastics, and Others. By End-Use Industry: Architectural (Residential, and Commercial), Agriculture, Automotive (Automotive Interior, and Automotive Exterior), Furniture (Outdoor Furniture, and Indoor Furniture), Packaging (Beverage Packaging, Food Packaging, and Toiletries & Cosmetics Packaging), and Others By Geography: North Americas, South America, Europe, Asia Pacific, RoW

Inquiry Before Buying

Key Takeaways

Asia-Pacific region is poised to dominate the UV stabilizer market due to significant growth in construction, packaging, and automotive sectors across countries like China, India, and South Korea.

Light stabilizer solutions in which UV absorbers and HALS (Hindered amine light stabilizers) are synergistically combined, provide high-performance solutions for automotive OEM refinish paints, which tends to increase the market growth.

Even in indoor diffuse light conditions, naturally pale wood tends to yellow and darken with time as a result of lignin photo-oxidation. So to avoid photo-oxidation the UV stabilizers are widely used in the indoor furniture.

Request Sample

UV Stabilizers Market Segment Analysis — By Type

The hindered amine light stabilizers (HALS) segment held the largest share in the UV stabilizer market in 2023, as it efficiently inhibits polymer degradation. HALS high efficiency and longevity are due to a cyclic process wherein the HALS are regenerated rather than consumed during the stabilization process. Hindered amine light stabilizers are very efficient stabilizers for polymers and especially polyolefins. They do not absorb UV radiation but act to inhibit degradation of the polymer. In addition, significant levels of stabilization are achieved at relatively low concentrations on using hindered amine light stabilizers due to which its demand is increasing from various end-use industries. All these factors are boosting the demand for hindered amine light stabilizers (HALS) during the forecast period.

UV Stabilizers Market Segment Analysis — By Application

The flooring and decking segment is poised to capture the largest share of the market. The surge in UV stabilizer usage for flooring and decking is primarily attributed to the rising trend of outdoor living spaces among consumers. As the demand for functional and appealing outdoor areas grows, decking and patios have gained significant popularity. Additionally, UV stabilizers play a critical role in protecting flooring and decking materials from premature aging and weathering. Revenue generated from flooring and decking is closely linked to the construction industry, making its development crucial for UV stabilizer demand. Consequently, these factors within the flooring and decking segment are expected to propel the growth of the UV stabilizers market in the forecast period.

UV Stabilizers Market Segment Analysis — By End Use Industry

UV stabilizers play a crucial role in the packaging industry, serving as key components in materials like plastics to uphold packaging integrity and visual appeal throughout storage and transit. A notable trend within this realm is the escalating requirement for UV-resistant packaging materials, notably in the food and beverage sector, to preserve product quality and extend shelf life. Manufacturers are actively engaged in crafting UV stabilizers customized for specific packaging needs to address the industry’s changing dynamics. Conversely, the automotive segment is poised for the most rapid growth in the foreseeable future. UV stabilizers are indispensable in safeguarding various vehicle components, including interior materials and coatings, from UV radiation. An observable trend in this domain is the adoption of UV-stabilized materials to uphold the appearance and endurance of automotive parts exposed to sunlight. As automotive designs increasingly integrate plastics, there’s a mounting demand for UV stabilizers to ensure these materials endure UV exposure, thereby enhancing vehicle durability and aesthetics. The automotive industry remains a pivotal force propelling the UV stabilizers market forward

UV Stabilizers Market Segment Analysis — By Geography

North America leads the UV stabilizers market revenue share due to the strong presence of established automakers, which extensively use these stabilizers in vehicles. The automotive sector’s projected expansion in manufacturing will drive up demand for ultraviolet stabilizers in the foreseeable future. Plastic serves as a prevalent packaging material across diverse sectors such as food & beverage and PET bottles. The U.S. Food and Drug Administration ensures the safety of food packaging materials, particularly polymers in contact with food products. Additionally, the Asia Pacific region is poised to experience a significant Compound Annual Growth Rate (CAGR) in the global UV stabilizers market. China’s packaging sector is witnessing growth driven by technological advancements and research efforts in food packaging, meeting demands for safer and cleaner packaging solutions. Urbanization in China has intensified the need for processed and packaged foods as cities lack agricultural resources, further boosting the demand for food packaging materials.

Schedule a Call

UV Stabilizers Market Challenges

Fluctuations of UV stabilizers costs for raw materials

The costs of raw materials essential for UV stabilizer production, such as aluminum chloride, benzene, sodium nitrite, and benzoyl chloride, experience regular fluctuations. These fluctuations directly influence the pricing of UV stabilizers, consequently impacting market growth. Presently, benzene is priced at USD 696.7 per metric ton, sodium nitrite at USD 40 per kilogram, and benzoyl chloride at USD 38 per 1000 grams.

Limited awareness and adoption

UV stabilizers pose challenges for manufacturers in North America. Some industries and end-users may lack understanding regarding the benefits and applications of UV stabilizers. Educating the market about the significance of UV protection and the advantages of utilizing UV stabilizers is essential. Manufacturers must focus on building awareness and illustrating the value proposition of UV stabilizers to facilitate their adoption in various industries.

UV Stabilizers Market Drivers

Increasing Level of UV Radiation and The Harmful Effect of UV Radiation

The increased use of refrigerator and AC, which emits ozone-layered gasses, has led significantly to an increasing UV radiation level. NASA has stated that in the last 30 years, the amount of UV radiation has raised dramatically causing degenerative effects on sunlight materials. The increased use of gas emission devices enhances the growth of the UV stabilizer market with increased UV radiation. People are becoming increasingly aware about the harmful effects of different materials such as plastics and wood. Polymer photo degradation occurs when a substance is exposed to UV radiation and the physical characteristics of the substance, such as colour, loss of material strength, elongation and tensile strength characteristics or surface cracking, are deteriorated. The manufacturers therefore apply UV light stabilizers to prevent damage and avoid loss of components that are exposed to UV radiation. Thus, the increasing level of UV radiation and the harmful effect of UV radiation act as a driver for the UV stabilizers market growth.

Buy Now

Escalating Construction Sector

Continuing infrastructure growth has enabled construction industry to expand. Alternative inexpensive raw materials like plastic and wood products are preferred by businesses or manufacturing. However, these materials can be quickly shaped into various forms, which contribute to substantial demand for flooring, shielding and fencing applications. Such materials with high exposure to the sun cause degradation and UV stabilizers have been applied as a coating substrate on such materials to minimize such efficiencies. The rapid growth of housing and construction industry spending has increased dramatically in the U.S. and Mexico, resulting in the economic development of the region of North America. Eco-friendly use, low VOC emissions and high content of UV stabilizers are favored for the use of wood coating. Because of rising demand and the large building and construction market in the region, the country exports almost 90 percent of the furniture from US manufactures. This is a major factor in the growth of UV stabilizers in North America, such as HALS and UV absorbers. The growing use of plastics and wood in the building industry will thus drive the growth of ultraviolet stabilizers to preserve their intensity.

Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the UV stabilizers market. In 2023, the market of UV stabilizers has been consolidated by the top eight players accounting for 60% of the share. Major players in the UV stabilizers market are BASF SE, Solvay S.A., Songwon Industrial Co., Ltd., Everlight Chemical Industrial Corp., ADEKA Corporation, Mayzo Inc., Clariant AG., Addivant, Lycus Ltd. LLC, and Valtris Specialty Chemicals.

Acquisitions/Technology Launches

In April 2023, Damen Shipyards, in collaboration with AkzoNobel and Philips, developed a fouling control solution using UV-C light technology for ship hulls.

In March 2023, Clariant and Omya joined forces to address yellowing concerns in SMP sealants with the introduction of AddWorks IBC 760.

In July 2022, Solvay introduced a novel range of UV-C stabilizers tailored for hygiene applications, aimed at combating COVID-19 and reducing the incidence of hospital-acquired infections.

For more Chemicals and Materials Market reports, please click here

#uvprotection #radiation #uv radiation #words of radiance

0 notes

amrutatbrc1 · 24 days

Text

Automotive Refinish Market 2024 : Size, Growth Rate, Business Module, Product Scope, Regional Analysis And Expansions 2033

The Automotive Refinish Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Automotive Refinish Market: https://www.thebusinessresearchcompany.com/report/automotive-refinish-global-market-report

According to The Business Research Company’s Automotive Refinish Global Market Report 2024, The automotive refinish market size is expected to see strong growth in the next few years. It will grow to $16.20 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to higher accident rates, the rise of OEM (Original Equipment Manufacturer) standards, the rise of do-it-yourself (DIY) culture, stricter regulations on emissions, and changes in vehicle ownership patterns. Major trends in the forecast period include innovations in refinishing products, developments in paint and coating technologies, advancements in skilled technicians, advancements in digital color matching technology, and technological advancements.

The rise in instances of accidents and vehicle damages is expected to propel the growth of the automotive refinish market going forward. The main causes of the rise in instances of accidents and vehicle damages include driver behavior such as speeding, distracted driving, and drunk driving, as well as unsafe road infrastructure and vehicle design. Automotive refinishing is used for repairing and restoring vehicle exteriors after accidents or damages, ensuring aesthetic and structural integrity. It helps maintain the vehicle's appearance and resale value. For instance, in May 2022, according to an estimate published by the National Highway Traffic Safety Administration (NHTSA), a US-based federal agency, the number of fatalities in motor vehicle traffic crashes increased by 10.5%, with an estimated 42,915 deaths in 2021 compared to 38,824 fatalities in 2020. Therefore, the rise in instances of accidents and vehicle damages is driving the growth of the automotive refinish market.

Get A Free Sample Of The Report (Includes Graphs And Tables): https://www.thebusinessresearchcompany.com/sample.aspx?id=17087&type=smp

The automotive refinish market covered in this report is segmented –

1) By Product Type: Primer, Base Coat, Top Coat, Clear Coat 2) By Material Type: Polyurethanes, Acrylics, Alkyd 3) By Technology: Solvent Borne, Water Borne, Ultraviolet (UV) Cure 4) By Applications: Passenger Vehicle, Commercial Vehicle 5) By End User: Original Equipment Manufacturer (OEM), Aftermarket

Major companies operating in the automotive refinish market are focusing on technological advancements, such as low-gloss clearcoat systems, to better serve customers. A low-gloss clearcoat system is a type of automotive clear coat that can reproduce a range of gloss levels, making it ideal for applications that require a matte or satin finish rather than a high-gloss shine. For instance, in May 2021, PPG Industries Inc., a US-based paint and coating manufacturing company, launched a new waterborne low-gloss clearcoat system consisting of two high-quality 2K acrylic urethane clears. This system can achieve a variety of gloss levels, making it perfect for specialized refinish repairs on low-gloss finishes. This new clearcoat system is part of PPG's broad range of clearcoats designed to meet diverse bodyshop and OEM needs. This range includes their award-winning CERAMICLEAR line as well as Matt and Express Clearcoats. PPG also offers a comprehensive selection of hardeners and thinners, facilitating a wide array of repair processes, from spot repairs to complete resprays, in various temperatures and body shop conditions.

The automotive refinish market report table of contents includes:

1. Executive Summary

2. Automotive Refinish Market Characteristics

3. Automotive Refinish Market Trends And Strategies

4. Automotive Refinish Market - Macro Economic Scenario

5. Global Automotive Refinish Market Size and Growth ..........

32. Global Automotive Refinish Market Competitive Benchmarking

33. Global Automotive Refinish Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Automotive Refinish Market

35. Automotive Refinish Market Future Outlook and Potential Analysis

36. Appendix

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: [email protected]

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

0 notes

chemanalystdata · 26 days

Text

Diacetone Alcohol (DAA) prices is a vital industrial solvent used extensively in various applications, including coatings, paints, inks, and adhesives. The pricing dynamics of Diacetone Alcohol are influenced by a complex interplay of factors ranging from raw material costs to market demand and regulatory policies. The prices of Diacetone Alcohol are closely tied to the production costs of its primary feedstock, acetone. Fluctuations in the availability and cost of acetone directly impact the production cost of DAA, leading to corresponding shifts in market prices. Acetone prices, in turn, are influenced by the broader petrochemical market, which is subject to the volatility of crude oil prices. As crude oil prices rise or fall, the cost of producing acetone—and by extension, Diacetone Alcohol—fluctuates accordingly.

Global demand for Diacetone Alcohol also plays a significant role in determining its price. Industries such as automotive, construction, and consumer goods are major consumers of DAA, particularly in the production of paints, coatings, and adhesives. Economic conditions in key markets like North America, Europe, and Asia-Pacific directly affect the demand for these end products, thus impacting the demand for DAA. In periods of economic growth, construction and automotive sectors expand, driving up the demand for coatings and adhesives, which in turn increases the demand for Diacetone Alcohol. Conversely, during economic downturns, reduced industrial activity leads to a decrease in demand, exerting downward pressure on prices.

Get Real Time Prices for Diacetone Alcohol (DAA): https://www.chemanalyst.com/Pricing-data/diacetone-alcohol-daa-1173

Another critical factor influencing Diacetone Alcohol prices is supply chain dynamics, including production capacities, transportation costs, and logistical challenges. The production capacity for DAA can be limited by the availability of feedstock and the operational efficiencies of manufacturing plants. Any disruptions in the supply chain, such as plant shutdowns due to maintenance, natural disasters, or geopolitical tensions, can lead to supply shortages, causing prices to spike. Additionally, transportation costs, which are affected by fuel prices, labor costs, and infrastructure efficiency, also contribute to the overall cost of Diacetone Alcohol. When transportation costs rise, the price of DAA can increase, especially in regions that rely on imports.

Environmental regulations and policies further influence the pricing of Diacetone Alcohol. Regulations aimed at reducing carbon emissions and controlling the use of volatile organic compounds (VOCs) have led to increased production costs for solvents like DAA. Manufacturers must invest in cleaner technologies and more efficient processes to comply with these regulations, which can increase production costs. Additionally, regulatory restrictions on the use and disposal of chemicals can limit the availability of certain raw materials, contributing to price fluctuations. In regions where environmental regulations are stringent, such as the European Union, producers may face higher compliance costs, leading to higher prices for end consumers.

Market competition also plays a significant role in determining Diacetone Alcohol prices. The presence of multiple suppliers in the market can lead to competitive pricing strategies, with companies vying for market share by offering lower prices. However, in markets where a few dominant players control the majority of supply, prices may be more stable but could also be higher due to reduced competition. The emergence of alternative solvents and the development of more efficient production methods can also impact DAA prices by influencing market demand and supply dynamics.

International trade policies and tariffs also affect Diacetone Alcohol prices, especially in markets with significant import and export activities. Tariffs on raw materials or finished products can increase production costs, leading to higher prices for DAA in certain regions. Conversely, favorable trade agreements can reduce costs and lead to lower prices. Exchange rate fluctuations also play a role, particularly for companies involved in international trade. A strong currency can make exports more expensive and imports cheaper, impacting the global pricing of Diacetone Alcohol.

Technological advancements in production processes have the potential to influence Diacetone Alcohol prices by improving efficiency and reducing costs. Innovations in chemical synthesis, process optimization, and waste management can lower production costs, making it possible for manufacturers to offer DAA at more competitive prices. On the other hand, the adoption of new technologies often requires significant capital investment, which can initially lead to higher prices as manufacturers seek to recoup their expenses.

Finally, consumer trends and preferences can indirectly affect the pricing of Diacetone Alcohol. As consumers demand more environmentally friendly and sustainable products, manufacturers are compelled to invest in greener production methods, which may increase costs. However, these trends can also open up new markets for Diacetone Alcohol, particularly in the production of eco-friendly paints, coatings, and adhesives, which could support higher prices due to the premium nature of these products.

In conclusion, the pricing of Diacetone Alcohol is shaped by a myriad of factors, including raw material costs, market demand, supply chain dynamics, environmental regulations, competition, international trade policies, technological advancements, and consumer preferences. Each of these factors can exert upward or downward pressure on prices, often interacting in complex ways that make the market for Diacetone Alcohol highly dynamic and sometimes unpredictable. Understanding these factors is crucial for businesses involved in the production, distribution, and consumption of Diacetone Alcohol, as it allows them to navigate the market effectively and make informed decisions.

Get Real Time Prices for Diacetone Alcohol (DAA): https://www.chemanalyst.com/Pricing-data/diacetone-alcohol-daa-1173

ChemAnalyst

GmbH - S-01, 2.floor, Subbelrather Straße,

15a Cologne, 50823, Germany

Call: +49-221-6505-8833

Email: [email protected]

Website: https://www.chemanalyst.com

#Diacetone Alcohol #Diacetone Alcohol Price #Diacetone Alcohol Prices #Diacetone Alcohol Pricing #Diacetone Alcohol News

0 notes

industrynewsupdates · 1 month

Text

Industrial Coatings Market Trends, Size, Revenue And Top Key Players, 2030

The global industrial coatings market size was valued at USD 87.19 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 2.5% from 2023 to 2030.

Gather more insights about the market drivers, restrains and growth of the Industrial Coatings Market

Industrial Coatings Market Segmentation

Grand View Research has segmented the global industrial coatings market report on the basis of product, technology, end-user, and region:

Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Acrylic

• Alkyd

• Polyurethane

• Epoxy

• Polyester

• Others

Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Solvent Borne

• Water Borne

• Powder Based

• Others

End-user Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• General Industrial

• Marine

• Automotive & Vehicle Refinish

• Electronics

• Aerospace

• Oil & Gas

• Mining

• Power Generation

• Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o France

o U.K.

o Italy

• Asia Pacific

o China

o India

o Japan

o Australia

o South Korea

o ASEAN

• Central & South America

o Brazil

o Argentina

• Middle East & Africa

o Saudi Arabia

o UAE

Browse through Grand View Research's Paints, Coatings & Printing Inks Industry Research Reports.

• The global synthetic dyes market size was estimated at USD 6.35 billion in 2023 and is projected to reach at a CAGR of 6.8% from 2024 to 2030.

• The global texture paints market size was estimated at USD 12,357.21 million in 2023 and is projected to grow at a CAGR of 4.5% from 2024 to 2030.

Key Companies & Market Share Insights

• Akzo Nobel N.V.

• Axalta Coating Systems, LLC

• Jotun

• PPG Industries, Inc.

• The Sherwin-Williams Company

• Nippon Paint Holdings Co., Ltd.

• Hempel A/S

Order a free sample PDF of the Industrial Coatings Market Intelligence Study, published by Grand View Research.

#Industrial Coatings Market #Industrial Coatings Industry #Industrial Coatings Market size #Industrial Coatings Market share #Industrial Coatings Market Analysis

0 notes

industryinsightsandanalysis · 2 months

Text

Pigment Dispersants Market: Current Analysis and Forecast (2022-2028)

According to a new report published by UnivDatos Markets Insights, the Pigment Dispersants Market was valued at more than USD 38 billion in 2020 and is expected to grow at a CAGR of around 4% from 2022-2028. The analysis has been segmented into Pigment Type (Organic Pigment and Inorganic Pigment); Dispersion Type (Water-based and Solvent-based); Application (Decorative Paints & Coatings, Automotive Paints & Coatings, Industrial Paints & Coatings, Plastic, and Others); and Region/Country.

The pigment dispersants market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the pigment dispersants market. The pigment dispersants market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the pigment dispersants market at the global and regional levels.

Market Overview

Pigment dispersants are two-component structures, with the anchoring group providing strong adsorption onto the pigment surface. Polymeric chains, which are attached to the anchor group, provide stabilization. Pigment dispersants are used by manufacturers to color a wide range of materials, including paint, coatings, and plastics. Thermoset composites, inks, plastics, textiles, and decorative and industrial applications are some major factors in their uses.

The growing demand for paints and coatings in automotive, construction, and other industries in developing nations positively influences the growth of the market. For instance, according to the National Bureau of Statistics, construction output contributed 25.9% of China's GDP in 2020, up from 6.2% in 2019. This rapid growth in construction activity contributed to the growth of the pigment dispersant market.

Some of the major players operating in the market include BASF SE, King Industries Inc., Dow, Ethox Chemicals LLC., Solvay S.A., The Lubrizol Corporation, Elementis plc, Kao Corporation, Palsgaard, and American Element.

COVID-19 Impact

The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted almost every industry. Also, the companies suffered a huge downfall in revenue due to a halt in production activities and regulations forbidding social gatherings. Furthermore, disruption in raw material supply, liquidity shortage, and labor shortage. These factors affected the market growth during the pandemic.

The global pigment dispersants market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

On the basis of dispersion type, the market is categorized into water-based and solvent-based. Among these, the solvent-based category to hold a significant share of the market in 2020. This is mainly due to the wide range of applications, beneficial properties, and high consumption of these pigments. Moreover, these pigments are highly used in labels and packaging inks, in coatings for wood & metal, and in cosmetic nail lacquers which will boost their market growth during the forecast period.

Based on application, the pigment dispersants market has been classified into decorative paints & coatings, automotive paints & coatings, industrial paints & coatings, plastic, and others. The decorative paints & coatings category is to witness considerable growth during the forecast period. This is mainly due to their demand in the residential, commercial building construction, and automotive sectors.

Pigment Dispersants Market Geographical Segmentation Includes:

North America (United States, Canada, and Rest of North America)

Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)

Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)

Rest of the World

This is mainly due to the rapidly growing middle-class population, which fuels the textile and plastic demand. The pigments and dyes market will majorly be concentrated in the Asia Pacific region, mainly due to lenient environmental laws, cheap labor costs, easy availability of low-cost raw materials, and higher market demands. Furthermore, the development of new products and the availability of market players in developing countries are also contributing to the growth of the market in the region. For instance, in 2021, AkzoNobel N.V. and Mercedes-Benz expand their partnership agreement for another 4 years. This means the company will continue to provide vehicle refinish products including automotive and specialty coatings and services in China and a preferred partner in Indonesia.

Request Free Sample Pages with Graphs and Figures Here https://univdatos.com/get-a-free-sample-form-php/?product_id=32458

The major players targeting the market include

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Pigment Dispersants Market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the pigment dispersants market?

• Which factors are influencing the pigment dispersants market over the forecast period?

• What are the global challenges, threats, and risks in the pigment dispersants market?

• Which factors are propelling and restraining the pigment dispersants market?

• What are the demanding global regions of the pigment dispersants market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

About UnivDatos Market Insights

UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.

UnivDatos Market Insights

Email - [email protected]

Contact Number - +1 9782263411

Website -www.univdatos.com

#Pigment Dispersants Market

0 notes

themarketupdate · 2 months

Text

Acrylic Topcoat Market to Scale New Heights as Market Players Focus on Innovations 2024 – 2030

Acrylic topcoat is an acrylic based finish with alkaline and weathering resistance. It are often used for adornment of concrete, plastered walls, asbestos, also as top coat for water based textured coating. The topcoat are water-based satin varnish that's 100% acrylic designed to seal, protect, and beautify wood and similar surfaces. It is a non-yellowing finish with no harmful solvents or odors. When completely dry, provides a very hard, durable finish that is resistant to most household chemicals. The Acrylic topcoat are used on most interior wood surfaces such as doors, wood trim, cabinets, paneling, picture frames, furniture, also for coatings on automotive and other. It may even be used as a transparent coating over most sorts of wall-covering.

Free Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/29247-global-acrylic-topcoat-market?utm_source=Organic&utm_medium=Vinay

Latest released the research study on Global Acrylic Topcoat Market, offers a detailed overview of the factors influencing the global business scope. Acrylic Topcoat Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Acrylic Topcoat The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are RPM International Inc. (United States), AkzoNobel (Netherlands), PPG Industries (United States), Nippon Paint (Japan), Sherwin-Williams (United States), BASF (Germany), Axalta (United States), Carpoly (China), Kansai Altan Paint Industry and Trade Inc. (Turkey), Jotun (Norway), KCC Corporation (South Korea), Hempel (Denmark), Chugoku Marine Paints (Japan)

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Southeast Asia.

Craig Francis (PR & Marketing Manager)

AMA Research & Media LLP

Unit No. 429, Parsonage Road Edison, NJ

New Jersey USA – 08837

[email protected]

0 notes

tmr-blogs2 · 4 days

Text

Hydrocarbon Resin Market Insights: Applications, Challenges, and Future Growth

Hydrocarbon resins are synthetic polymers derived from petrochemical feedstocks, typically used as tackifiers in adhesives, coatings, inks, rubber, and other applications. These resins are known for their unique properties like enhanced adhesion, chemical resistance, and gloss. The global hydrocarbon resin market has seen significant growth due to its wide applications across various industries, including automotive, packaging, construction, and paints & coatings. The increasing demand for adhesives and sealants, especially in packaging and automotive industries, continues to propel market expansion.

The global hydrocarbon resin industry, valued at US$ 2.6 billion in 2022, is projected to grow at a CAGR of 6.8% from 2023 to 2031, reaching US$ 4.7 billion by the end of 2031.

This growth is driven by increased industrial activities in emerging economies, rising demand in the automotive sector for adhesives, and the growing construction industry. As industries adopt environmentally friendly practices, there is a rising preference for hydrocarbon resins due to their compatibility with various eco-friendly adhesive formulations.

For More Details, Request for a Sample of this Research Report: https://www.transparencymarketresearch.com/hydrocarbon-resins-market.html

Market Segmentation

The hydrocarbon resin market can be segmented by service type, sourcing type, application, industry vertical, and region:

By Service Type:

C5 Resins

C9 Resins

C5/C9 Resins

DCPD (Dicyclopentadiene) Resins

By Sourcing Type:

Crude Oil

Natural Gas

By Application:

Adhesives & Sealants

Printing Inks

Paints & Coatings

Rubber Compounding

Tapes & Labels

By Industry Vertical:

Packaging

Automotive

Construction

Consumer Goods

Electronics

By Region:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Regional Analysis

North America: The region holds a substantial share in the global hydrocarbon resin market due to the established automotive and packaging sectors. The U.S. dominates this region due to its technological advancements and increased spending on adhesives.

Europe: The region is witnessing a moderate growth rate driven by environmental regulations and the growing demand for green and sustainable packaging solutions.

Asia Pacific: Asia Pacific leads the global market, primarily driven by China, Japan, and India. Rapid industrialization, increased construction activities, and growth in the automotive sector fuel the demand for hydrocarbon resins in this region.

Latin America and Middle East & Africa: These regions are expected to see steady growth owing to emerging industries and increasing urbanization.

Market Drivers and Challenges

Market Drivers:

Increased Demand in Adhesives and Sealants: The growing automotive and packaging industries drive the demand for hydrocarbon resins in adhesive and sealant applications.

Growth of the Construction Sector: Expansion of infrastructure projects worldwide, particularly in developing economies, increases the demand for paints, coatings, and adhesives where hydrocarbon resins play a crucial role.

Eco-friendly Alternatives: Hydrocarbon resins are increasingly being used as alternatives to harmful chemicals in various industrial applications due to their environmental compatibility.

Market Challenges:

Fluctuations in Raw Material Prices: The price volatility of crude oil and natural gas, which are major feedstocks for hydrocarbon resins, presents a challenge to market stability.

Stringent Environmental Regulations: In some regions, strict regulations regarding volatile organic compounds (VOC) emissions and the use of petrochemical-based products could limit market growth.

Market Trends

Sustainability Focus: There is a growing trend towards the development of bio-based hydrocarbon resins as the industry moves towards more sustainable and environmentally friendly solutions.

Increased R&D Investment: Companies are investing in R&D to develop advanced resin technologies, focusing on improving resin performance and expanding their applications across different industries.

Automotive Industry Growth: As electric vehicles (EVs) gain traction globally, the automotive industry is increasingly relying on advanced adhesives and coatings, providing a boost to the hydrocarbon resin market.

Future Outlook

The hydrocarbon resin market is poised for continuous growth from 2023 to 2031, driven by technological advancements and increasing demand across key sectors like automotive, construction, and packaging. The market is expected to witness innovations, particularly in the area of bio-based resins, as sustainability becomes a critical factor. Emerging markets in Asia Pacific and Latin America will likely present significant opportunities for growth.

Key Market Study Points

The global hydrocarbon resin market is set to reach approximately USD 5.6 billion by 2031.

Asia Pacific remains the dominant region due to robust industrial growth and infrastructure development.

Increasing R&D for bio-based resins and expanding applications in automotive, construction, and consumer goods sectors are key growth drivers.

Buy this Premium Research Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=35270&ltype=S

Competitive Landscape

Key players in the hydrocarbon resin market include:

Eastman Chemical Company

ExxonMobil Corporation

Kolon Industries

Arakawa Chemical Industries

Cray Valley

These companies are focusing on expanding their production capacities, enhancing product portfolios, and engaging in strategic collaborations to strengthen their market position. Innovation and sustainability remain key focal points in their growth strategies.

Recent Developments

ExxonMobil recently expanded its hydrocarbon resin production facility in Singapore to meet growing demand in Asia.

Kolon Industries launched an environmentally friendly hydrocarbon resin designed for adhesives in the packaging industry, focusing on reducing VOC emissions.

Eastman Chemical Company announced a significant investment in bio-based hydrocarbon resin technology, aligning with the global trend toward sustainable solutions.

About Transparency Market Research

Contact:

Transparency Market Research Inc.

CORPORATE HEADQUARTER DOWNTOWN,

1000 N. West Street,

Suite 1200, Wilmington, Delaware 19801 USA

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Website: https://www.transparencymarketresearch.com

0 notes

shubhampawrainfinium · 1 month

Text

Can Wax Dispersants Address the Challenges of Modern Industrial Applications?

Introduction

The wax dispersants market is growing as industries seek solutions to improve the performance and stability of wax-based formulations. Wax dispersants are crucial in applications ranging from coatings to inks, where they help achieve desired properties and enhance product performance.

Market Dynamics

Drivers:

Industrial Demand: Increasing use of wax dispersants in various industrial applications, including coatings, paints, and inks, drives market growth. These dispersants improve the stability and uniformity of wax-based products.

Technological Advancements: Innovations in dispersant technologies enhance performance, allowing for better dispersion and stability in formulations.

Regulatory Compliance: Strict regulations regarding product performance and environmental impact drive the need for effective and compliant dispersant solutions.

Challenges:

Cost of Raw Materials: Fluctuations in the cost of raw materials used in wax dispersants can impact pricing and profitability.

Regulatory Constraints: Compliance with stringent environmental and safety regulations can be challenging, requiring ongoing adjustments and investments.

Opportunities:

Growth in End-User Industries: Expanding applications in automotive, construction, and consumer goods sectors offer growth opportunities for wax dispersants.

Sustainable Solutions: Development of eco-friendly and biodegradable dispersants aligns with increasing demand for sustainable products.

Sample pages of Report: https://www.infiniumglobalresearch.com/form/831?name=Sample

Regional Analysis

The wax dispersants market shows varied growth trends by region:

North America: A key market driven by industrial demand and technological advancements. The U.S. and Canada are significant contributors due to their strong manufacturing sectors.

Europe: Exhibits steady growth with a focus on regulatory compliance and innovation. Countries like Germany, the UK, and France are major markets.

Asia-Pacific: The fastest-growing region, driven by industrialization and increasing demand for various applications. China and India are leading markets with expanding manufacturing bases.

Latin America and Middle East & Africa: Emerging markets with potential for growth. Rising industrial activities and regulatory developments are driving interest in wax dispersants.

Market Segmentation

By Type:

Nonionic Dispersants: Used for their compatibility with various formulations and stability.

Anionic Dispersants: Preferred for their effectiveness in specific applications and cost-efficiency.

By Application:

Coatings: Includes automotive, industrial, and decorative coatings.

Inks: Includes printing and packaging inks.

Other Applications: Includes adhesives, sealants, and personal care products.

By End-User Industry:

Automotive: High demand for coatings and finishes.

Construction: Use in paints and sealants for durability and performance.

Consumer Goods: Applications in coatings and adhesives for everyday products.

Competitive Landscape

Market Share: Major players such as BASF, Evonik Industries, and Clariant lead the wax dispersants market with their extensive product portfolios and technological expertise. These companies dominate due to their innovation and market presence.

Price Control: Large players influence pricing through economies of scale and advanced technologies. They often set industry standards for quality and cost.

Challenges from Smaller Companies: Smaller companies may offer specialized or niche dispersants, challenging larger players by targeting specific market segments or developing innovative solutions.

Key Players:

BASF: A global leader in chemical solutions with a wide range of wax dispersants.

Evonik Industries: Known for its advanced dispersant technologies and extensive product range.

Clariant: Provides innovative wax dispersants with a focus on performance and sustainability.

Report Overview : https://www.infiniumglobalresearch.com/market-reports/global-wax-dispersants-market

Future Outlook

New Product Development: Yes, new product development is essential for meeting evolving industry needs and improving performance. Innovations in dispersant technologies enhance product effectiveness and application versatility.

Sustainable Products: The trend towards eco-friendly and sustainable products is strong. Developing biodegradable and environmentally friendly wax dispersants aligns with market demands and regulatory requirements.

Conclusion

The wax dispersants market is growing, driven by industrial demand, technological advancements, and regulatory compliance. While challenges such as raw material costs and regulatory constraints exist, opportunities in end-user industries and sustainable solutions offer significant growth potential. Companies that focus on innovation and sustainability will be well-positioned for success in this dynamic market.

0 notes

credenceresearchdotblog · 3 months

Text

The global demand for paints & coatings was valued at USD 190512.5 Million in 2023 and is anticipated to reach USD 266501.5 Million in 2032, emerging at a CAGR of 3.8% between 2024 and 2032.The global paints and coatings market has experienced significant growth over the past few decades, driven by an increase in urbanization, infrastructure development, and industrialization. This article delves into the current state of the market, key trends, and future prospects, providing a comprehensive overview for industry stakeholders and enthusiasts.

Browse the full report at https://www.credenceresearch.com/report/paints-and-coatings-market

Market Overview

The paints and coatings market can be broadly segmented into decorative and industrial categories. Decorative paints and coatings are primarily used in residential, commercial, and institutional buildings, while industrial coatings are applied to products during manufacturing for protective and aesthetic purposes. Both segments are crucial, but they serve different end-users and applications.

The global market was valued at approximately USD 160 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of around 5% from 2024 to 2030. The Asia-Pacific region dominates the market, accounting for over 40% of global consumption, followed by North America and Europe. This dominance is attributed to rapid urbanization and industrial activities in emerging economies such as China and India.

Key Trends and Drivers

1. Urbanization and Infrastructure Development: As more people move to urban areas, the demand for residential and commercial buildings increases, driving the need for decorative paints and coatings. Governments and private sectors are investing heavily in infrastructure projects, further boosting market growth.

2. Industrial Growth: Industrial coatings are essential in various sectors, including automotive, aerospace, and marine. The growth of these industries, particularly in developing countries, is a significant driver for the industrial coatings segment.

3. Technological Advancements: Innovation in paint formulations, such as waterborne, powder, and UV-curable coatings, has enhanced product performance and environmental compliance. These advancements are attracting consumers and industries looking for sustainable and efficient solutions.

4. Environmental Regulations: Stringent regulations regarding volatile organic compounds (VOCs) emissions have led to the development of eco-friendly paints and coatings. Manufacturers are focusing on producing low-VOC and VOC-free products to comply with environmental standards and meet consumer demand for green products.

5. Aesthetic Appeal: Increasing consumer preference for aesthetically pleasing and personalized spaces drives demand for decorative paints. Innovations in color palettes, textures, and finishes are enabling consumers to achieve unique looks for their spaces.

Challenges

Despite the positive outlook, the paints and coatings market faces several challenges:

1. Raw Material Price Volatility: The cost of raw materials such as titanium dioxide, resins, and pigments can be volatile, impacting profit margins for manufacturers.

2. Environmental Concerns: While advancements have been made, the industry still faces challenges in completely eliminating harmful chemicals and achieving full sustainability.

3. Competition: The market is highly competitive, with numerous players ranging from large multinational corporations to small and medium-sized enterprises. This competition can lead to price wars and reduced profitability.

Future Prospects

The future of the paints and coatings market looks promising, with several factors likely to drive growth:

1. Sustainability: As environmental concerns continue to grow, there will be a greater emphasis on developing sustainable products. Innovations in bio-based and waterborne coatings are expected to play a crucial role in this transformation.

2. Smart Coatings: The development of smart coatings with functionalities such as self-cleaning, anti-microbial, and anti-corrosive properties is gaining traction. These advanced coatings offer added value and are likely to see increased adoption in various industries.

3. Emerging Markets: Growth in emerging markets, particularly in Asia, Latin America, and Africa, presents significant opportunities. Rapid urbanization and industrialization in these regions will drive demand for both decorative and industrial coatings.

4. Digitalization: The integration of digital technologies in the manufacturing process, such as automation and the Internet of Things (IoT), is expected to enhance efficiency and product quality. Digital tools are also improving customer engagement and providing personalized solutions.

Key Players

AkzoNobel (Netherlands)

Kansai Nerolac Paints Ltd (India)

Kwality Paints & Coatings Pvt. Ltd (KPCPL) (India)

Kansai Paint Co. Ltd (Japan)

The Sherwin-Williams Company (U.S.)

NIPSEA GROUP (Singapore)

Nippon Paint Holdings Co. Ltd (Japan)

Jotun (Norway)

Axalta Coating Systems (U.S.)

TIKKURILA OYJ (Finland)

Dunn-Edwards Corporation (U.S.)

Asian Paints (India)

RPM International Inc. (U.S.)

PPG Industries Inc. (U.S.)

Others

Segmentation

By Product Type

Architectural/Decorative Coatings

Interior Paints

Exterior Paints

Wood Coatings

Metal Coatings

Industrial Coatings

Automotive Coatings

Marine Coatings

Industrial Machinery Coatings

Protective Coatings

Specialty Coatings

High-Performance Coatings

Fire-Resistant Coatings

Anti-Corrosion Coatings

Others

By Technology

Waterborne Coatings

Solventborne Coatings

Powder Coatings

UV-Cured Coatings

Others

By Resin Type

Acrylic

Alkyd

Polyurethane

Epoxy

Polyester

Others

By End-User

Construction

Automotive

Aerospace

Oil and Gas

Industrial Manufacturing

Wood and Furniture

Packaging

Consumer Goods

Others

By Distribution Channel

Direct Sales

Distributor Sales

Online Retail

By Application Method

Spray Coating

Brush/Roller Coating

Dip Coating

Electrostatic Coating

Others

By Region

North America

The U.S.

Canada

Mexico

Europe

Germany

France

The U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

About Us:

Credence Research is committed to employee well-being and productivity. Following the COVID-19 pandemic, we have implemented a permanent work-from-home policy for all employees.

Contact:

Credence Research

Please contact us at +91 6232 49 3207

Email: [email protected]

0 notes

tamanna31 · 1 month

Text

Epoxy Resin Market Dynamics, Top Manufacturers Analysis, Trend And Demand, Forecast To 2030

Epoxy Resin Industry Overview

The global epoxy resin market size was estimated at USD 11.25 billion in 2023 and is expected to grow at a CAGR of 6.3% from 2024 to 2030.

Increasing demand for paints and coatings is anticipated to drive market growth significantly during the forecast period. Increasing demand for epoxy resins is attributed to growing spending on construction, particularly residential construction, especially in North America and Western Europe. The rapid growth in global manufacturing activities is expected to fuel the demand for paints & coatings used in the production of motor vehicles and other durable goods, as well as industrial maintenance applications. This is expected to boost the demand for epoxy resins globally.

Gather more insights about the market drivers, restrains and growth of the Epoxy Resin Market

Asia Pacific has been the leading consumer of epoxy resins, fueled by increasing demand from China and India. Infrastructure development, along with increasing automotive production, has fueled paints & coatings demand in the region. Increasing disposable income and willingness to spend are expected to drive the market over the coming years.

In the recent past, global automotive production increased rapidly due to growing demand from middle-class families and rising disposable income across emerging nations such as China, India, Brazil, Vietnam, and others. The rise in automotive demand propelled the consumption of paints & coatings across the automotive industry, thereby fueling the demand for epoxy resins. However, volatile raw material price of epoxy resin is expected to restrain the market growth during the forecast period.

In addition, the outbreak of COVID-19 negatively impacted the demand for epoxy resin in various applications, including paints & coatings, adhesives, wind turbines, and others, owing to the stalled manufacturing activities, restrictions in supply and transportation, and economic slowdown across the globe in 2020. Moreover, the recommencing industrial operation is projected to positively influence the market demand in the coming years.

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

• The global medical polyoxymethylene market size was estimated at USD 117.69 million in 2023 and is projected to grow at a CAGR of 6.4% from 2024 to 2030.

• The global multi-med adherence packaging market size was valued at USD 327.73 million in 2023 and is expected to expand at a CAGR of 6.0% from 2024 to 2030.

Market Concentration & Characteristics

The market space is moderately consolidated with the presence of key companies, such as 3M, Aditya Birla Management Corp. Pvt. Ltd, BASF SE, and Sika AG. These companies adopt various strategic initiatives, such as new product launches, partnerships, capacity expansions, and collaborations, to expand their presence in the market. For instance, in March 2024, Safic-Alcan announced its expansion by collaborating with BB Resins Srl. BB Resins Srl is a manufacturer of epoxy resin hardeners, which boasts an extensive range of products specifically designed for the coatings, construction, and adhesives sectors. With this collaboration, Safic-Alcan aims to expand its business across Poland.

The industry is characterized by a high degree of innovation. Technological advancement, upgradation of electronic products, and circuit assembly have propelled PCB fabrication technology toward micro via, fine-trace, high-density tracing, and multi-layers. The usage of epoxy resins enhances thermal dissipation, dimensional stability, and dielectric loss, therefore, propelling the demand for epoxy resins in the manufacture of CCL. In recent years, the electronic industry has grown rapidly, thereby increasing the demand for PCBs across the globe.

In addition, stringent regulations shape the market’s demand and supply dynamics. Stricter regulations on volatile organic compounds (VOCs) and hazardous substances can limit the use of certain raw materials and formulations. This can lead to a shift in market preferences towards eco-friendly and compliant products. For instance, the European Union’s REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) regulation requires comprehensive data on the safety of chemical substances, pushing manufacturers to innovate and produce safer epoxy resin formulations

Key Companies & Market Share Insights

Key companies are adopting several organic and inorganic growth strategies, such as new product development, mergers & acquisitions, and joint ventures, to maintain and expand their market share.

The following are the leading companies in the epoxy resin market. These companies collectively hold the largest market share and dictate industry trends:

Aditya Birla Management Corporation Pvt. Ltd.

Atul Ltd

BASF SE

Solvay

Huntsman International LLC

KUKDO CHEMICAL CO., LTD.

Olin Corporation

Sika AG

NAN YA PLASTICS CORPORATION

Jiangsu Sanmu Group Co., Ltd.

Jubail Chemical Industries LLC

China Petrochemical & Chemical Corporation (SINOPEC)

Hexion

Kolon Industries, Inc.

Techstorm

NAGASE & CO., LTD

Order a free sample PDF of the Epoxy Resin Market Intelligence Study, published by Grand View Research.

0 notes