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What is Driving Demand for Paint Mixer Market?
Paint mixer is one of the most lucrative business in the market these days. This is because of the high demand for paint in different aspects of the economy. Paint mixer makes the process of mixing paint quicker and less stressful. In addition, advancements in technology and the introduction of new products such as automatic paint mixer are expected to augment future growth across the industry over the forecast period.
Further, the market is expected to be driven by the increasing product consumption in the construction, automotive, and general industries application sectors. Rapid urbanization and industrialization in the emerging countries, such as India, China, and Southeast Asia, are anticipated to fuel the product demand in various applications.
However, the coronavirus pandemic has severely impacted the growth of paint mixer market. Stoppage of construction project, production halt, movement restriction and shortages of labor to contain the outbreak of COVID-19 has led to the decline in the growth of paint mixer industry.
Introduction of Advanced Product is complementing the Market Sales
Advances in technology have led to the development of automatic paint mixer that reduce manual intervention by workers or labors. The new and advanced automatic mixer enables perfect blending of epoxy, polyurethane, polyester and acrylic resins with powders and pigments with minimal air inclusion.
For instance, Creative Resins Ltd. has introduced Gyroscopic mixer in the market. This paint mixing equipment has a tri-directional door and sliding base plate that offers ease of loading. The tool is ingeniously automated to allow for automatic can clamping and automatic can sensing with speed and pressure adjustment. In addition, it has a multi-can button to lower speeds with the added benefit of selecting your own mixing time 30-900 seconds.
US and Canada Paint Mixer Market Outlook
Low labor costs, growing middle class population in North America has attracted many leading companies to set up their manufacturing facilities in the region. Thus, the growing number of manufacturing facilities is boosting the construction activities in the region, which, in turn, is anticipated to propel the demand for paint mixer over the forecast period.
In addition, the rapid growth of the e-commerce industry in the region creates lucrative market opportunities for producers to enter the market to gain a competitive market share, thus leading to product demand.
Europe Demand Outlook for Paint Mixer Market
The demand for paint mixer in the European market is estimated to grow significantly in the upcoming years. Expanding construction sector in various countries, including the U.K., the Netherlands, Germany, Hungary, Poland, Sweden, and Ireland, is expected to propel the product demand over the forecast period. Increased funding from the EU, coupled with supportive measures, such as subsidies, tax breaks, and incentives taken by various governments, is anticipated to augment the growth of the construction sector in the region which in turn will increase the demand for the product.
Who are the Key Manufacturers and Suppliers of Paint Mixer Market?
Major players in the paint mixer market are
- HYDE
- Shur-Line
- Premier Paint Roller
- Goldblatt
- WESTWARD
- RADIA
- Badger Air-Brush Co.
- DAYTON
- Marshalltown
- RUST-OLEUM
- PREMIER
- TBC Mixer
- Mixing Mate
- AllwayTools
- Red Devil
- Marshalltown
- Sherwin-Williams
- DYNAMIX AGITATORS
- Allways Tools
- and Bosch among others.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Paint Mixer Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Note: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Key Segments:
By Product Type:
- Automatic Paint Mixer
- Manual Paint Mixer
- Semi-Automatic Paint Mixer
By Product Application:
- House Decoration
- Paint Manufacturer
- Paint Users
- Others
By Material:
- Wood
- Metal
- Steel
- Plastic
- Others
By Sales Channel:
- Hypermarket/Supermarket
- Departmental Stores
- Convenience Stores
- Specialty Stores
- Direct Sales
- Online Retailing
- Others
By Region:
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
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