November 26, 2019
WELLESLEY, Mass., Nov 26, 2019–The wide range or rheological technology applications for resins and coatings has contributed to the paints and coating industry having the highest market share. Resins and coatings are expected to drive the global market for rheological technology at a high pace, according to a report by BCC Research, “Rheology Market: A BCC Research Overview.”
The market expects to see a compound annual growth rate (CAGR) of 3.8% through 2023, when it could be worth $6.7 billion.
Read the full report here: https://www.bccresearch.com/market-research/plastics/rheology-market-report.html
“The global market for rheology technology is growing primarily due to growth in end-user industries such as paints and coatings, construction and pharmaceuticals,” writes BCC analysts. “The numerous applications of rheology technology in the cosmetic, paint and coating and pharmaceutical markets are also significant drivers in the industry."
Bio-based Polymer Rheology Considered an Industry Breakthrough
Bio-based rheology modifiers, which are rheology modifiers based on renewable resources, are expected to experience growth and will become the norm among many brands in the next few years. Bio-based polymer rheology modifiers do not change the properties of a material when added, and are therefore considered an industry breakthrough.
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Rheology: Technologies, Opportunities and Global Markets( PLS099A )
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