Global Primer Market 2021 is expected to register a CAGR of Growing rate%, during forecast period with Impact of Covid 19 Analysis

Primer

Global “Primer Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Primer in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Primer Market report categorizes the market based on manufacturers, regions, type, and application. Primer Market reports offer a detailed assessment of the Primer including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Primer market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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The primer market is estimated to witness high growth during the forecast period, 2018-2023. Asia-Pacific is expected to witness highest growth in the demand for primers during the forecast period, owing to the booming construction sector, and increasing automotive & furniture production in the region.

Increasing Construction Activities in the Asia-Pacific Region

Primer is extensively used in the building & construction sector. It is used as a preparatory coat on the walls and other substrates, before applying the paint. Asia-Pacific region has become an attractive market for the investors, owing to the presence of number of emerging economies, such as India, China, Indonesia, Vietnam, and others in the region. Owing to the strong economic growth, domestic companies have been expanding their business. Along with this, foreign companies have been entering these markets to take advantage of the prevailing opportunities. This has created demand for the commercial infrastructure, such as offices, production houses, buildings, warehouses, etc., leading to increase in the construction activities in these countries. Besides this, the wave of digitization has boosted the growth of the service sector, which is further adding to the demand for offices and residential houses for the employees. Hence, all such factors have been driving the demand for primer paints in the region.

Building & Construction Industry Serves as the Major End-user

Building & Construction Industry will dominate the primer market during the forecast period, among end-user industries. Primer is extensively used in the construction industry. Before painting the walls, primer is widely used as an undercoat, in order to make the walls smooth by filling the gaps, and to improve the adhesion and durability of paint. Besides this, primer also finds application on wooden interiors and furniture. In construction of residential buildings & houses, wooden interiors in the form of doors, cupboards, window frames, etc. is common, which further adds to the application of primer during construction.

Asia-Pacific to Lead the Primer Market

Asia-Pacific is projected to witness highest growth during the forecast period, owing to the booming construction sector, and increasing automotive & furniture production in the region. In Asia-Pacific, China and India is expected to witness strong growth in demand for primer. China is expected to witness strong growth in the demand for primer, owing to the increasing public spending in transportation infrastructure, increasing automotive production, increasing furniture production & exports and growth in other industries. China is majorly focusing on increasing the production and sale of electric vehicles in the country. For this purpose, the country has planned to increase the production of electric vehicles (EVs) to 2 million a year by 2021, and 7 million a year by 2025. Besides this, in India residential & commercial construction has been increasing owing to the developing service sector in the country. Hence, such increasing construction activities and government efforts to build infrastructure & increase electric vehicles production and sale, the demand for primer is projected to increase in the coming years.

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The global Primer market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Primer Market Report covers the Top Key-players in 2021:-

  • BASF SE
  • AkzoNobel N.V.
  • Asian Paints Limited
  • The Sherwin-Williams Co.
  • PPG Industries Inc.
  • Axalta Coating Systems
  • The Valspar Corp.
  • Kansai Paint Co. Ltd.
  • Nippon Paint Company Ltd.
  • Jotun A/S
  • Berger Paints India Limited
  • Hempel A/S
  • RPM International Inc.
  • Masco Corporation
  • Tikkurila OYJ

Highlighted points of Primer Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Primer Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Primer? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Primer Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Primer Market? What Was Capacity, Production Value, Cost and PROFIT of Primer Market?
  • What Is Current Market Status of Primer Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Primer Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Primer Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Primer Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Primer Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Primer Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Primer Industry?

Key Developments in the Primer Market: in the Primer Market
December 2017: BASF’s Coatings division inaugurated a new, world-scale automotive coatings plant to produce thinners, primers, clearcoats, and waterborne basecoats, at the Shanghai Chemical Industry Park (SCIP) in Caojing, Shanghai, China
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Reasons to Purchase Primer Market ReportThe stringent VOC regulations that is likely to impact the global primer marketAnalyze various perspectives of the market with the help of Porter’s five forces analysisEnd-user industry that is expected to dominate the marketRegion that is expected to witness fastest growth during the forecast periodIdentify the latest developments, market shares, and strategies employed by the major market players3-month analyst support, along with the Market Estimate sheet in excel

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Finally, the report Global Primer Market 2021 describes the Primer industry expansion game plan, the Primer industry knowledge supply, appendix, analysis findings, and the conclusion.

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