The Egypt Paint Additives Market size is projected to grow at a CAGR of around 4.98% during the forecast period, i.e., 2022-27. According to MarkNtel Advisors Study.
Egypt Paint Additives Market Driver:
Increasing Demand for High-Performing Coatings: Paint additives can effectively enhance the properties of paints with features like abrasion resistance, excellent chemical resistance, corrosion protection, and extreme strength & durability while also contributing to aesthetics. With the growing requirements for superior coatings, the demand for high-performance additives is also increasing among end-users.
Moreover, with the favorable properties of paint additives, they are used extensively in tank exteriors, industrial piping, etc., and also across high-end industries like the aerospace & marine sector for coatings on weapons & equipment to improve their life. Hence, the mounting demand for high-quality coatings is anticipated to boost the overall growth of the Egypt Paint Additives Market in the coming years.
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Key Market Reports Highlights
· Market Dimensions & Projections
· Pricing Evaluation
· Recent Strategic Moves by Companies
· Primary Stakeholders
· Import/Export Trend Analysis
· Competitive Landscape Assessment
· Emerging Opportunities
· Market Trends and Indicators
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Egypt Paint Additives Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2021
-Historical Period: 2017 to 2020
-Forecast Period: 2022 to 2027
- By Formulation
- Water
- Solvent
- Powder Based
- Others
- By End Users
- Automobiles & Transportation
- Industrial
- Furniture & Wood
- Building & Construction
- Others
- By Product
- Rheology modifiers
- Biocides
- Anti-Foamers
- Wetting & Dispersion Agents
- Others
- By Region
- East
- West
- South
- Central
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - AkzoNobel N.V., Arkema SA, Ashland Inc., BASF SE, BYK-Chemie GMBH, Cabot Corp., Daikin Industries Ltd., Evonik Industries, SIPES EGYPT, PPG Industries, Inc are looking forward to strengthening their market positions.
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