Paint Driers Market Forecast to Reach $2.5 Billion by 2025 After Growing at a CAGR of 6% During 2020-2025
Posted on Jul 7 2020 11:45 AM "Increase in Use of Paints & Coatings is Anticipated to Boost the Paint Driers Market Growth." Paint Driers Market size is forecast to reach $2.5 billion by 2025 after growing at a CAGR of 6% during 2020-2025. Paint driers are substances added to paint in order to cause the oil to thicken and solidify more rapidly. The growth of the market of paint driers is expected to be driven by the high demand from the paint and coatings industry. The other growth factor is construction industry which is using paint driers for the drying paint in interior wall celling and other. By Type - Segment Analysis Primary paint drier held the largest share in the paint driers market in 2019. Primary paint drier act as oxidation catalysts, as their metal soaps exhibit more than one oxidation state. Primary paint driers catalyze cross linking of the resin and in the process hydroxyl, carbonyl and carboxylic groups are formed. The common types of primary pai...