Paint and Coating Thickener Market Growing Demand | Post Covid-19 Study

The growth of the paint industry and its allied paint and coatings industry can be attributed to the ever-rising demand for paint and coating thickeners from the construction and the building sector. The rapidly growing construction sector in the Asia Pacific has created a conducive environment for the growth of the paint and coating thickener industry. The rise in government and private spending on essential public infrastructure has spurred the demand for paint and coating thickeners. Aside from the construction industry, the robustly growing printing and packaging and labeling industries also have fostered the growth of the paint and coating industry in the forecast.

Paints and coating thickeners are rheology modifiers used in achieving optimal performance in paint and coating systems by controlling its stability, thixotropy, stain resistance, and sagging. They are typically added before the dispersing stage to obtain optimal flow behavior. All major types of paint and coating thickeners can be either grouped as organic or inorganic paint and coating thickeners.

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The rise in production output, an increase in consumer buying power, and burgeoning disposable incomes across the globe have caused a spurt in demand for FMCG products and bolstered the packaging and labeling. The robust growth witnessed by the packaging and labeling industry has further fuelled the demand for paint and coating thickeners used in packaging and labeling applications.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the paint and coating thickener market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.

• BASF SE
• Akzo Nobel N.V.
• Arkema S.A.
• Ashland Global Specialty Chemicals Inc.
• Axalta Coating Systems
• Clariant AG
• DuPont de Nemours, Inc
• RPM International Inc.
• SAN NOPCO LIMITED
• The ALTANA Group

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