Global Metal Drier Market Growth 2023-2029
Metal drier are more commonly referred to as driers or siccatives. They are an organometallic salt, formed by the reaction of a metallic raw material and organic acid(s) dissolved in a hydrocarbon solvent. These raw materials mainly include naphthenic acid, acetic acid, isooctanoic acid, linolenic acid, abietic acid and other acid.
Metal drier is mainly applied on the drying of oil-based paint or coating and other areas.
Industrially useful metal salt include those of aluminium, magnesium, calcium, barium, cobalt, copper, lead, manganese, nickel, vanadium, zinc and so on.
LPI (LP Information)' newest research report, the “Metal Drier Industry Forecast” looks at past sales and reviews total world Metal Drier sales in 2022, providing a comprehensive analysis by region and market sector of projected Metal Drier sales for 2023 through 2029. With Metal Drier sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Metal Drier industry.
This Insight Report provides a comprehensive analysis of the global Metal Drier landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Metal Drier portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Metal Drier market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Metal Drier and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Metal Drier.
The global Metal Drier market size is projected to grow from US$ 1751.1 million in 2022 to US$ 1937 million in 2029; it is expected to grow at a CAGR of 1937 from 2023 to 2029.
The major players in global Metal Drier market include VECTRA, Umicore, Dow, etc. The top 3 players occupy about 15% shares of the global market. China and Europe are main markets, they occupy about 60% of the global market. Cobalt is the main type, with a share about 55%. Coating is the main application, which holds a share about 75%.
This report presents a comprehensive overview, market shares, and growth opportunities of Metal Drier market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Cobalt
Zirconium
Calcium
Manganese
Zinc
Other
Segmentation by application
Paint
Ink
Coating
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
VECTRA
Umicore
Dow
Ege Kimya
DIC Corp
Aryavart Chemicals
Comar Chemicals
Troy Corporation
Toei Chemical
Shepherd Chemical
Pondy Oxides & Chemicals
Shenyang Zhangming
Hunan Xiangjiang
Shanghai Changfeng
Shanghai Minghuan
Hangzhou Right
Tianjin Paint Packing
Hebei First
Xiangyang Dongda
Henan Qingan
Boye Qunli
Xianju Fusheng
Dalian First Organic
Key Questions Addressed in this Report
What is the 10-year outlook for the global Metal Drier market?
What factors are driving Metal Drier market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Metal Drier market opportunities vary by end market size?
How does Metal Drier break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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