Industry Background:
Plastic exists in a variety of locations in homes i.e. in pens, mechanical pencils, storage containers and furniture. Flexible plastic lends itself to outdoor furniture, plastic storage boxes and sometimes car parts. Painting plastic can prove tricky because paint can slide right off the slippery material. The flexible plastic paint provides a super strong flexible bond, becoming part of the surface withstanding weathering, abrasions and retaining colours and bright whites for many years. It has a super high stretch ratio that will not crack or flake off. Further, high consumption of flexible plastic paint in several industries for improved durability with enhanced performance is driving the Global flexible plastic paint market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | 3M (United States), Polyonics, Inc. (United States), Antistat (The Ant Group) (United States), ESDProduct.com (Interstate Group) (United States), PPG Industries (United Kingdom), Eastman Chemical Company (United States), Bayer AG (Germany), Axalta Coating Systems (United States), AkzoNobel N.V. (Netherlands) and Botron Company, Inc. (United States) |
This growth is primarily driven by Increasing Demand for Plastic Paints in Automotive Industry, Rapidly Developing Industrialization, Urbanization in Emerging Economies and High Strength and Better Adhesion.
Globally, a noticeable market trend is evident Growth in Plastic Coating Industry and Ease of Application Major Vendors, such as 3M (United States), Polyonics, Inc. (United States), Antistat (The Ant Group) (United States), ESDProduct.com (Interstate Group) (United States), PPG Industries (United Kingdom), Eastman Chemical Company (United States), Bayer AG (Germany), Axalta Coating Systems (United States), AkzoNobel N.V. (Netherlands) and Botron Company, Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Companies investing in research and development to develop advanced coating technologies and formulations gain a competitive advantage. Innovations that provide benefits like enhanced adhesion, impact resistance, UV resistance, and chemical resistance can attract customers looking for superior paint solutions for flexible plastic surfaces
Key Developments in the Market:
Sherwin-Williams completed its acquisition of Valspar Corporation, a leading global coatings manufacturer. This acquisition expanded Sherwin-Williams' product portfolio and market reach, including in the area of industrial coatings, which may include flexible plastic coatings
Krylon introduces the first brush on paint for plastic, the quality and convenience of Krylon Fusion for Plastic spray paint is now available in a brush-on formula, the only such paint is offered to consumers.
Influencing Trend:
Growth in Plastic Coating Industry and Ease of Application
Market Growth Drivers:
Increasing Demand for Plastic Paints in Automotive Industry, Rapidly Developing Industrialization, Urbanization in Emerging Economies and High Strength and Better Adhesion
Challenges:
Natural Aging of Flexible Paints Due to Fluctuating Temperature
Restraints:
Increasing Raw Material Prices
Opportunities:
Escalating Infrastructure Industry
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Flexible Plastic Paint Market
- Analysis about New Entrants in Flexible Plastic Paint Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Flexible Plastic Paint Study Sheds Light on
The Flexible Plastic Paint Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Flexible Plastic Paint industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Flexible Plastic Paint industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.