Market Overview:
The global paint preservative market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for paints and coatings in various end-use industries, such as construction, automotive, and furniture. In addition, the growing awareness about the benefits of using paint preservatives is also contributing to the growth of this market. The global paint preservative market can be segmented on the basis of type into in-can preservatives and dry film preservatives. The dry film preservatives segment is expected to grow at a higher CAGR than the in-canpreservatives segment duringthe forecast period from 2018to 2030 owingto its advantages overin-canpreservatives such as low VOC emissions and better performance properties.
Product Definition:
A paint preservative is a substance that is added to paint in order to extend its life. Paint preservatives can help protect the paint from fading, cracking, and peeling. They can also help inhibit the growth of mold and mildew.
In Can Preservatives:
In can preservatives is a group of chemicals used to prevent the growth of microorganisms and thus maintain the quality of paint. In can preservatives act as an antimicrobial agent, they inhibit or delay the chemical reactions that cause paint deterioration. The most common type of in can preservative is ethyl alcohol which contains from 70% to 90% ethanol by volume. Ethanol when added in proper quantity delays or prevents microbial growth for a certain period owing to its anti-microbial properties.
Dry Film Presevatives:
Dry film presevatives are used in paints and coatings to prevent the growth of microorganisms, such as algae, bacteria and fungi. These are incorporated during the processing stage of paint manufacture. They act as a surface conditioning agent by modifying some properties of a coating formulation including foam reduction, rheology modifier or thixotropic agent and anti-settling additive among others.
Application Insights:
The demand for the product in waterborne paints and coatings application is expected to witness a CAGR of XX% from 2018 to 2030 owing to rising environmental concerns over the use of solvent-based products. The growth is attributed to regulations that are aimed at reducing pollution levels and improving air quality, particularly in major economies such as China, India and Russia. These factors are anticipated to result in higher demand for environment-friendly formulations that offer similar performance with reduced VOC emissions during production as well as after dry film curing process.
In 2017, Latin America region accounted for a volume share of 22% while North America region held around 78% of the global market share on account of presence of key players operating within the regional markets along with growing industrialization levels across developing countries such as Brazil and Mexico which provide an ample opportunity for industry participants.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to the high demand from residential and commercial applications. The region is expected to witness growth in future due to increasing construction activities, coupled with growing consumer spending on home improvement projects.
The rising number of renovation projects across North American countries will boost product demand further, which will drive market growth over the forecast period. Europe also held a significant share in terms of consumption owing to high acceptance for innovative products and advanced technology used by companies operating within the industry space.
Growth Factors:
- Increasing demand from the construction industry for paints and coatings that can resist weathering and fading is expected to drive the growth of the paint preservative market.
- Rising awareness about the benefits of using paint preservatives is projected to boost market growth during the forecast period.
- The increasing use of water-based coatings in architectural applications is anticipated to fuel demand for paint preservatives in this segment over the next few years.
- Growing investments by key players in research and development activities aimed at developing new products is expected to provide impetus to market growth over the forecast period. 5) The increasing popularity of powder coating as a finish for metal parts is projected to create opportunities for paint preservative manufacturers in coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Paint Preservative Market Research Report
By Type
In Can Preservatives, Dry Film Presevatives
By Application
Waterborne Paints and Coatings, Solventbone Paints and Coatings
By Companies
Lonza, Dow Microbial Control, Troy Corporation, ThorGmbh, Lanxess, Clariant, BASF, AkzoNobel, Nalco Champion, Lonza
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Paint Preservative Market Report Segments:
The global Paint Preservative market is segmented on the basis of:
Types
In Can Preservatives, Dry Film Presevatives
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Waterborne Paints and Coatings, Solventbone Paints and Coatings
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lonza
- Dow Microbial Control
- Troy Corporation
- ThorGmbh
- Lanxess
- Clariant
- BASF
- AkzoNobel
- Nalco Champion
- Lonza
Highlights of The Paint Preservative Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- In Can Preservatives
- Dry Film Presevatives
- By Application:
- Waterborne Paints and Coatings
- Solventbone Paints and Coatings
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Paint Preservative Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Paint preservative is a chemical that helps to keep paint from fading.
Some of the major players in the paint preservative market are Lonza, Dow Microbial Control, Troy Corporation, ThorGmbh, Lanxess, Clariant, BASF, AkzoNobel, Nalco Champion, Lonza.
The paint preservative market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Paint Preservative Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Paint Preservative Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Paint Preservative Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Paint Preservative Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Paint Preservative Market Size & Forecast, 2020-2028
4.5.1 Paint Preservative Market Size and Y-o-Y Growth
4.5.2 Paint Preservative Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 In Can Preservatives
5.2.2 Dry Film Presevatives
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Waterborne Paints and Coatings
6.2.2 Solventbone Paints and Coatings
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Paint Preservative Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Paint Preservative Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 In Can Preservatives
9.6.2 Dry Film Presevatives
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Waterborne Paints and Coatings
9.10.2 Solventbone Paints and Coatings
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 In Can Preservatives
10.6.2 Dry Film Presevatives
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Waterborne Paints and Coatings
10.10.2 Solventbone Paints and Coatings
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 In Can Preservatives
11.6.2 Dry Film Presevatives
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Waterborne Paints and Coatings
11.10.2 Solventbone Paints and Coatings
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 In Can Preservatives
12.6.2 Dry Film Presevatives
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Waterborne Paints and Coatings
12.10.2 Solventbone Paints and Coatings
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 In Can Preservatives
13.6.2 Dry Film Presevatives
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Waterborne Paints and Coatings
13.10.2 Solventbone Paints and Coatings
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Paint Preservative Market: Competitive Dashboard
14.2 Global Paint Preservative Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lonza
14.3.2 Dow Microbial Control
14.3.3 Troy Corporation
14.3.4 ThorGmbh
14.3.5 Lanxess
14.3.6 Clariant
14.3.7 BASF
14.3.8 AkzoNobel
14.3.9 Nalco Champion
14.3.10 Lonza
