The rising applications of these thickeners everywhere are one of the major factors which are playing in the market with CAGR of (5.5 %) from the foreseen period of 2017-2025. With the increasing demand from emerging economies and the end-use industry, the market is propelled to increasing in a very spectacular phase. The market of these thickeners is expecting to generate a good amount of share due to its building & the construction segment is leading the market as well as will lead the market in forecasted years.This growth is primarily driven by The need for efficiency in packaging is growing every day and leading the paint thickeners market demand. Moreover, transportation, industrial, and textile are also the remaining key segments within this market which accounted for significant market shares and also drives the market around..
Globally, a noticeable market trend is evident Adoption of New Technological Advancements in these Thickeners
. Major Vendors, such as BASF (Germany), Cargill (United States), Henkel (Germany), DuPont (United States), Ingredion Incorporated (United States), ADM FMC Corp (United States), Eastman (United States), Akzo Nobel (The Netherlands), FMC Corp (United States) and Ashland ADM FMC Corp (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- The need for efficiency in packaging is growing every day and leading the paint thickeners market demand. Moreover, transportation, industrial, and textile are also the remaining key segments within this market which accounted for significant market shares and also drives the market around.
- Adoption of New Technological Advancements in these Thickeners
- Rising Trend of Painting the Walls with new Technologies have also Created a Genres Mark
- Changing the Geopolitical Structure of Various Countries can affect the Market
- Fluctuations in Raw Material Prices
Increasing population along With rising in disposable income especially in developing countries is leading the consumers to spend more. Coupled with the growing demand for decorative paints for various aesthetic reasons, the rapid growth of the construction industry in various regions such as China thus impacting the market positively. Emerging economies like China and India are expected to boost the Asia Pacific market of paint and thickeners market.
Concern Related Towards the Side Effects of These Thickeners and Poor Rheological Properties
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