ReportsnReports published a research report on “HPPs Market” – Industry Analysis, Scope, Stake, Progress, Trends and Forecast to 2024.
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The HPPs Market size is projected to grow from US$ 5.2 Billion in 2019 to US$ 6.4 Billion by 2024, at a CAGR of 4.3% between 2019 and 2024. This report spread across 162 Pages, Profiling 10 Companies and Supported with 138 Tables and 36 figures is now available in this research.
Top Companies-BASF SE (Germany),Clariant (Switzerland),DIC Corporation (Japan),Ferro Corporation(US),Lanxess (Germany),Heubach GmbH (Germany),Venator Materials PLC (UK),Sudarshan Chemical Industries Limited (India),Atul Ltd. (India),Synthesia A.S. (Czech Republic) (UK).
Organic HPPs are projected to register the highest CAGR in terms of value between 2019 and 2024. Organic HPPs contain carbon chains and carbon rings and consist of elements that pose less threat to the environment. They also offer better brightness and are high in chroma and thus offer a more glossy effect to the applications.
Coatings application is the fastest-growing application owing to its wide demand in automotive & transportation, construction & infrastructure, and industrial end-use industries. The use of HPPs are used in coatings application due to their properties such as good weather and light fastness, low migration, and solvent and bleeding fastness. The HPPs are applied as a coating on various exterior and interior parts of these end-use industries.
The HPPs in different modes of commutation are used to enhance the aesthetic looks and make paints more durable. HPPs are used in cars, trains, airplanes, and ships. The future of the automotive industry is driven by high-end luxury cars, electric vehicles, battery electric vehicles, plug-in electric vehicles, and others.
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Competitive Landscape of HPPs Market:
2 Competitive Leadership Mapping
2.1 Visionary Leaders
2.2 Dynamic Differentiators
2.3 Emerging Companies
3 Strength of Product Portfolio
4 Business Strategy Excellence
5 Market Ranking
6 Competitive Scenario
6.4 New Product Launch