A pH neutralizing agent for coatings and ink adjusts the pH level to an optimal range. It ensures stability and performance of the product. Commonly used in manufacturing processes. Prevents degradation and maintains desired consistency. Essential for high-quality coatings and ink formulations. Typically added during production to achieve desired pH balance.
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Data Bridge Market Research analyzes that the Global Coatings and Inks pH Neutralizing Agent Market is expected to reach USD 220,148.95 thousand by 2031 from USD 144,348.99 thousand 2023, growing with CAGR of 5.5% during forecast period of 2024 to 2031.
Key Findings of the Study
- Rising Demand for Eco-Friendly and Sustainable Products
There is a noticeable shift towards products that have minimal environmental impact as consumers become more environmentally conscious. This trend is compelling manufacturers to adopt greener formulations, which fuels the demand for pH neutralizing agents that align with these sustainable practices. Eco-friendly pH neutralizing agents are designed to reduce Volatile Organic Compounds (VOCs) and other harmful emissions, meeting regulatory standards and consumer expectations for sustainability.
Technological advancements are also playing a crucial role in the adoption of eco-friendly pH neutralizing agents. Innovations in chemical formulations have made it possible to develop agents that are not only environmentally friendly but also cost-effective and efficient. These advancements ensure that manufacturers do not have to compromise on quality or performance while transitioning to greener alternatives. As technology continues to evolve, the market for sustainable pH neutralizing agents is expected to expand further.
The rising demand for eco-friendly and sustainable products is a key driver for the growth of the coatings and ink pH neutralizing agent market. Consumer awareness, regulatory mandates, market dynamics, and technological advancements all contribute to this trend. As the industry continues to prioritize sustainability, the demand for green pH neutralizing agents will likely increase, fostering innovation and growth in the market. This shift towards eco-friendly solutions benefits the wellbeing of the environment and also aligns with the evolving preferences of modern consumers.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Thousand
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Segments Covered
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Product (Inorganic and Organic), Form (Liquid and Powder), Application (Coatings and Inks)
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Countries Covered
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U.S., Canada, Mexico, China, Japan, India, South Korea, Thailand, Indonesia, Singapore, Australia & New Zealand, Malaysia, Philippines, Rest of Asia-Pacific, Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Belgium, Rest of Europe, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, and Rest of Middle East and Africa
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Market Players Covered
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Dow (U.S.), BASF SE (Germany), Eastman Chemical Company (U.S.), Ashland (U.S.), CLARIANT (Switzerland), Hydrite Chemical (U.S.), and rxchemicals (India) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand
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Segment Analysis
Global coatings & inks pH neutralizing agent market is segmented into three notable segments based on product, form, and application.
- On the basis of product, the market is segmented into inorganic and organic
In 2024, the inorganic segment is expected to dominate the Coatings and Inks pH Neutralizing Agent Market
In 2024, the inorganic segment is expected to dominate the market with a market share of 75.91% due to its cost-effectiveness and high efficiency. Inorganic agents provide stable pH control, which is crucial for consistent product quality.
- On the basis of form, the market is segmented into liquid and powder
In 2024, the liquid segment is expected to dominate the Coatings and Inks pH Neutralizing Agent Market
In 2024, the liquid segment is expected to dominate the market with a 72.16% market share due to its ease of application and effective dispersion in formulations. Liquid agents provide consistent pH control, enhancing the quality and stability of coatings and inks.
- On the basis of application, the market is segmented into coatings and inks. In 2024, the coatings segment is expected to dominate the market with a market share of 89.22%
Major Players
Data Bridge Market Research analyzes Dow (U.S.), BASF SE (Germany), Eastman Chemical Company (U.S.), Ashland (U.S.), and CLARIANT (Switzerland) as the major players in the global coatings & inks pH neutralizing agent market.
Market Developments
- In August 2023, BASF announced that it has expanded its production capacity for water-soluble dispersants at Dilovasi, Turkey, with a new plant operational in Q3 of 2023. This investment aimed to support customers in Europe, the Middle East, and Africa. In 2020, BASF had expanded its Ludwigshafen site. The Sokalan range of dispersants and additives catered to detergents, cleaning, and chemical processing industries. The expansion addressed rising demand and enhanced supply reliability for European customers
- In February 2023, Hydrite Chemical, an integrated chemical manufacturer and service provider, won the Wisconsin Manufacturer of the Year Grand Award in the Mega Category for its exceptional manufacturing achievements. The Manufacturer of the Year (MOTY) program honors the state's leading manufacturers across various sectors and sizes for their dedication to quality careers, sound business practices, financial growth, innovative processes, and community reinvestment. This helped Hydrite Chemical by enhancing its reputation and attracting new business opportunities
Regional Analysis
Geographically, the countries covered in the global coatings & inks pH neutralizing agent market report are U.S., Canada, Mexico, China, Japan, India, South Korea, Thailand, Indonesia, Singapore, Australia & New Zealand, Malaysia, Philippines, rest of Asia-Pacific, Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Belgium, rest of Europe, Brazil, Argentina, rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, and rest of Middle East and Africa.
As per Data Bridge Market Research analysis:
Asia-Pacific is the dominant and fastest growing region in the Coatings and Inks pH Neutralizing Agent Market
Asia-Pacific is expected to be the dominant and fastest growing region in the market due to the rapid growth of its manufacturing and construction industries. The increasing demand for high-quality coatings and inks in countries like China and India fuels this market.
For more detailed information about the global coatings & inks pH neutralizing agent market report, click here – https://www.databridgemarketresearch.com/reports/global-coatings-and-inks-ph-neutralizing-agent-market
