PPG Industries, Inc. announced the acquisition of Alpha Coating Technologies, LLC, which is a manufacturer of powder coatings for light industrial applications.
BASF SE will launch new industrial-level raw materials for the coatings, paint, and resins at the 2019 European Coatings Show (ECS).
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 4126
Published Date: Apr 25, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The growing application of VAE emulsions in the paint & coatings industry is estimated to boost market growth.
The market size of vinyl acetate-ethylene (VAE) emulsions is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2023-2035.
Increasing adoption of green buildings along with the requirement of higher initial investment and less amount of awareness about the advantages are estimated to be the growth hindering factors for the market expansion.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
The major players in the market are Solvay S.A., BASF SE, Eastman Chemical Company, The Dow Chemical Company, KH Neochem Co., Ltd., Saudi Basic Industries Corporation, OQ Chemicals GmbH, Solventis Ltd., Galaxy Surfactants Limited, PPG Industries, Inc., and other key players.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by type, application, and by region.
The paints & coatings segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.