Primer Market: A Look at the Key Applications and Technologies Forecast 2032

Comments · 99 Views

Rising demand for eco-friendly primer and coatings is a key factor driving primer market revenue growth

The new report titled ‘Global Primer Market,’ published by Emergen Research is a vivid presentation of the global Primer market, with utmost focus on the forecast market size, share, value, and volume over the projected timeline. The report throws light on the current economic landscape of this business vertical and evaluates the top market trends. It has been compiled through significant primary research, including surveys, interviews, and expert analysts’ observations. It features insightful qualitative and quantitative assessments of the Primer industry, gathering industry-verified data from the value chain analysis. The report, additionally, examines the prevailing trends in the market, along with the macro- and micro-economic indicators. The report delivers a deep understanding of the key aspects of the Primer market, for instance, import and export dynamics, production and consumption rates, and consumer bases across the major market regions. Thus, the report concludes with the essential market statistics presented in a tabular format to help readers get a clear idea of the global market dynamics.

Primer is a type of coating applied to surfaces before painting to enhance the adhesion of the paint and protect the surface from corrosion. The global primer market size was USD 22.58 Billion in 2022 and is expected to register a revenue CAGR of 6.4% during the forecast period, according to latest analysis by Emergen Research. The global primer market is expected to grow significantly in the coming years, driven by factors such as increasing demand for construction and infrastructure development, rising automotive production, and growing awareness of the benefits of using primers. This article will provide an overview of the primer market, its drivers, restraints, growth factors, and relevant statistics from government organizations.

The construction industry is a major driver for the primer market as it requires a significant amount of primer for various applications such as steel structures, concrete surfaces, and wooden structures. The growing demand for infrastructure development and renovation projects is expected to drive the growth of the primer market in the coming years. The rising automotive production is also driving the demand for primer coatings as it offers protection against corrosion and enhances the appearance of the vehicle.

The high cost of raw materials used in the production of primer coatings is a major restraint for the market. The volatile prices of raw materials such as titanium dioxide, zinc oxide, and solvents can affect the cost of production and lead to price fluctuations. Moreover, stringent government regulations related to the use of volatile organic compounds (VOCs) in the production of primer coatings can also pose challenges to the growth of the market.

According to the International Energy Agency (IEA), the global investment in infrastructure reached USD 2.5 trillion in 2019, indicating the growing demand for construction and infrastructure development. This trend is expected to drive the demand for primer coatings as it offers protection against corrosion and enhances the durability of the structures. Furthermore, according to the International Organization of Motor Vehicle Manufacturers (OICA), the global production of motor vehicles increased from 84.2 million units in 2015 to 92.1 million units in 2019, indicating the growing demand for automotive primer coatings.

Get a PDF sample copy of the report @ https://www.emergenresearch.com/request-sample/1883

This report is the latest document discussing the current economic situation gravely impacted by the COVID-19 outbreak in detail. The global health emergency has led to massive changes in the global economy and the Primer business sphere. The current scenario of this ever-evolving business vertical has been clearly depicted in the report, which contains a broad analysis of the pandemic’s present and future effects.

Report Highlights:

  • Besides offering a vivid depiction of the global Primer business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
  • The report includes information on the present and historical market scenarios, which helps forecast the market conditions.
  • The report scrutinizes the salient factors influencing the growth of the market in the near future.
  • The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.

Major Geographies Covered in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Request a customized copy of the report @ https://www.emergenresearch.com/request-for-customization/1883

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Primer market expected to boost the growth of the industry in the coming years.

Primer Market Segmentation:

  • Ingredient Outlook (Revenue, USD Billion; 2019-2032)

    • Resin
      1. Acrylic
      2. Epoxy
      3. Poly vinyl acetate
      4. Alkyd
      5. Other resins
    • Additives
      1. Dispersant
      2. Biocides
      3. Surface modifier
      4. Other additives
    • Others
  • Application Outlook (Revenue, USD Billion; 2019-2032)

    • Metal
    • Plastic
    • Concrete
    • Wood
    • Others
  • End-Use Outlook (Revenue, USD Billion; 2019-2032)

    • Building and Construction
    • Automotive
    • Industrial
    • Packaging
    • Furniture
    • Others

Competitive Outlook:

The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Primer market. It offers a systematic presentation of the company profiles of the leading market players. This section of the report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis.

The report also discusses the key players involved in the market such as

PPG Industries, Inc., Akzo Nobel N.V., Masco Corporation, BASF SE, The Sherwin-Williams Company, Nippon Paints Holdings Co., Ltd., Kansai Paint Co., Ltd., Valspar, RPM International Inc., and Asian Paints

For more details of the Primer Market Report, visit @ https://www.emergenresearch.com/industry-report/primer-market

Global Primer Market Highlights:

  • Regional demand estimation and forecast
  • Product Mix Matrix
  • RD Analysis
  • Cost-Benefit Analysis
  • Pre-commodity pricing volatility
  • Supply chain optimization analysis
  • Technological updates analysis
  • Raw Material Sourcing Strategy
  • Competitive Analysis
  • Mergers Acquisitions
  • Location Quotients Analysis
  • Carbon Footprint Analysis
  • Patent Analysis
  • Vendor Management

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

Look Over transcripts provided by Emergen Research

metastatic urothelial carcinoma market

https://www.emergenresearch.com/industry-report/metastatic-urothelial-carcinoma-market

advanced wound care market

https://www.emergenresearch.com/industry-report/advanced-wound-care-market 

diabetic ketoacidosis market

https://www.emergenresearch.com/industry-report/diabetic-ketoacidosis-market

pharmacovigilance market

https://www.emergenresearch.com/industry-report/pharmacovigilance-market

cannabis market

https://www.emergenresearch.com/industry-report/cannabis-market 

nanocoatings market

https://www.emergenresearch.com/industry-report/nanocoatings-market

depression treatment market

https://www.emergenresearch.com/industry-report/depression-treatment-market

beacon technology market

https://www.emergenresearch.com/industry-report/beacon-technology-market

pectin market

https://www.emergenresearch.com/industry-report/pectin-market

 

Comments