Paint additives market is expected to reach USD 10.9 billion by 2025. Growing use of paints and coatings in the construction and the automotive sectors due to highly preferred solvent properties are major growth factors. Other factors such as increase in the expenditure on construction activities and rise in the adoption of paints and coatings in automotive sector, are fueling growth of the paint additives market, mainly in developing economies across the globe. The increasing use of paints and coating is expected to influence demand for paint additives in the forecast period. Paint additives market is expected to witness 6% CAGR in the forecast period. The stringent laws and regulation against harmful effects of paints and coating on environment are compelling market players to adopt environment-friendly paints and coatings additives that complies with the regional and international regulations. This has led market players to significantly invest in research and development for pain...
Market research is an organized effort to gather information about target markets and customers: know about them, starting with who they are. It is a very important component of business strategy and a major factor in maintaining competitiveness