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Wall Primers & Thinners Market: Overview

Wall primers & thinners are used for providing suitable surface for the application of paint coatings. These can be used in building & construction applications such as plastered walls, asbestos, concrete, and brick work. Benefits of using wall primers & thinners include easy brushing, excellent covering, alkali resistance, quick drying, and good sealing. Primers can be used as sealer, which produces excellent non-porous finish on applied topcoats. Primers are also known as undercoats. These are applied on materials before painting. Priming on a surface helps improving paint durability, as it provides additional protection for the material that is being painted. Wall primers consists of components such as synthetic resins, solvents, and additive agents. Thinners are solvents which are used to thin oil-based paints or clean up after their use. Paint thinners often include mineral spirits, acetone, turpentine, naphtha, toluene, methyl ethyl ketone, and dimethylformamide.

Wall Primers & Thinners Market: Key Segments

Based on type of resin, the global wall primers & thinners market can be classified into acrylic, epoxy, alkyd, and polyurethane. Acrylic and epoxy based wall primers & thinners are highly available in the wall primers & thinners market. In terms of substrate, the market can be categorized into metal, concrete & masonry, and fiber glass. Based on application, the wall primers & thinners market can be segmented into building & construction, automotive, marine, and machinery & equipment. In terms of technology, the wall primers & thinners market can be bifurcated into solventborne and waterborne.

Rise in demand for paint & coating applications in the building & construction sector drives the demand for wall primers & thinners. Advancements and new trends in the residential sector and renovation activities across the globe fuel the demand for wall primers & thinners market. Low maintenance cost and long shelf life are primary factors driving the demand for wall primers & thinners. Economic development and rapid urbanization in emerging economies are anticipated to fuel the demand for wall primers & thinners in the near future. Additionally, technological advancement and increase in product innovation are anticipated to propel the wall primers & thinners market. Substantial investments in infrastructure developments by various governments in emerging economies in Asia Pacific and Latin America is estimated to drive the global wall primers & thinners market.

Wall Primers & Thinners Market: Regional Outlook

The global wall primers & thinners market expanded significantly in 2017. This trend is expected to continue during the forecast period.  Asia Pacific accounts for a large share of the global wall primers & thinners market. Rapid urbanization is fuelling the market in Asia Pacific. The wall primers & thinners market in the region is expanding at a considerable pace. Increase in construction and renovation activities, especially in China and India, is driving the wall primers & thinners market in Asia Pacific. Availability of key resins such as epoxy, acrylic, and polyurethane is anticipated to propel the wall primers & thinners market in the region. Rise in renovation activities in North America, especially the U.S., drives the wall primers & thinners market in the region. Germany and other countries in Eastern Europe contribute significantly to the wall primers & thinners market in Europe. The wall primers & thinners market in Middle East & Africa and Latin America is projected to expand in the next few years due to recent economic developments and rise in investment in construction projects in these regions.

Wall Primers & Thinners Market: Key Players

Key players operating in the global wall primers & thinners market include The Sherwin-Williams Company, PPG Industries, Inc, Akzo Nobel, BASF SE, and Axalta Coating Systems. 

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Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

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Below is a snapshot of these quadrants.

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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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Wall Primers Thinners Market

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