BASF SE provided a variety of chemical intermediates with carbon footprints that are much lower than the global market average manufactured from fossil-based raw materials. These intermediates can be used in paints and coatings, and other daily use items.
The Dow Chemical Company introduced a new digital paint formulation platform DOW Paint Vision which uses cutting-edge technology to simplify the formulation process, allows for the creation of novel solutions, and accelerates innovation in the paints and coatings sector
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 3871
Published Date: Aug 07, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing construction activities across the world and the increasing automotive sector are the major factors driving the market growth.
The market size of Intermediates for Paint & Coatings is anticipated to attain a CAGR of ~9% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are Eastman Chemical Company, The Dow Chemical Company, KH Neochem Co., Ltd., Saudi Basic Industries Corporation, OQ Chemicals GmbH, Solventis Ltd., Galaxy Surfactants Limited, KH Chemicals BV, and others.
The inorganic intermediates segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.