The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), GCC Paint Additives Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
GCC Paint Additives Industry Analytical Overview (2021-2026): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, GCC Paint Additives Market is anticipated to grow at a CAGR of around 3.5% during the forecast period, i.e., 2021-26. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2021 to 2026.
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What is Included in GCC Paint Additives Market Segmentation?
The report has segmented the market into the following categories:
By Formulation
– Water
– Solvent
– Powder Based
– Others
Water-based paint additives are environment-friendly surface treatment, in which water accounts for 80% of the solvent used. It makes the paint eco-friendly & easy to apply. It is used majorly in closed areas and does not cause any harmful emissions. The adoption of water-based paints is growing dramatically due to the extensive presence of low Volatile Organic Compounds (VOCs).
By End Users
– Automobiles & Transportation
– Industrial
– Furniture & Wood
– Building & Construction
– Others
By Product
– Rheology modifiers
– Biocides
– Anti-Foamers
– Wetting & Dispersion Agents
– Others
By Country
– UAE
– Saudi Arabia
– Bahrain
– Oman
– Qatar
– Kuwait
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Key Factor Driver GCC Paint Additives Industry Growth by 2026
GCC nations are witnessing a rapid surge in construction activities, which, in turn, is fueling the demand for paints and directly impacting the market growth of paint additives, which could help enhance the paint properties & appearance of the building. Further, rapid economic growth can boost the demand for paint additives from different end-use sectors, thereby providing lucrative opportunities for the market to grow significantly in the coming future.
Who are the Key Players Operating in the GCC Paint Additives Industry?
The top companies of the GCC Paint Additives market ruling the industry are:
- Akzo Nobel.
- Arkema SA
- Asahi Glass Co.Ltd.,
- Ashland Inc.
- BASF SE
- Cabot Corp.
- Daikin Industries Ltd.
- Dynaa A.S
- Dow
- Evonik Industries AG
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the GCC Paint Additives Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the GCC Paint Additives industry?
- Which is the Leading segment in the market?
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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