| Paint Additives Market Analysis:
The global Paint Additives Market is predicted to grow at a 6.75% CAGR over the forecast period (2023-2030), states the latest Market Research Future (MRFR) report. Paint additives, simply put, are special ingredients that are utilized to enhance the quality and functional performance of paints. It aids to modify the various properties of paints to enhance the viscosity, efficacy of paints, foam reduction, gloss control, anti-chipping, flow control, and impact resistance.
Various factors are propelling the paint additives market growth. Some of these factors according to the Market Research Future report, include growing demand for paint additives from architectural and industrial segments, rising inclination towards green paints, rising economic development especially in emerging countries that have led to the rising industrial and architectural construction activities. Moreover, paints and coatings are used in an array of applications in different industries including automotive, machinery, furniture, cookware and household, aerospace, marine, oil and gas, and others which is also pushing market growth. Additional factors pushing market growth include an increase in research and development activities and a rise in construction spending, especially in emerging economies.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/6164
On the contrary, strict environmental regulations about the VOC content may hamper the paint additives market growth over the forecast period.
|
