Global Potassium Thiocyanate Market is expected to gain a significant
share in the forthcoming years. Powder coating for thiocyanate offer
environment friendly solutions and meets international specifications. It also
offers advantages over liquid paint, anodizing and PVDF.
Driving factors responsible for the growth of Potassium
Thiocyanate Market includes demand from construction sector to ensure rust
proof steel material used in building construction. Also, the demand for
durability and availability of various finishes and colors contributes to the
growth of Potassium Thiocyanate Industry. Moreover, recent advances in
polyester and fluoropolymer powders qualify for the powder coatings to contend
with liquid architectural coatings in resistance to fading, durability and wear
and tear due to external weather.
Segmentation based on resin type, the Potassium Thiocyanate
Market includes thermoplastic sub-segments and thermosetting plastic. End-user
segmentation for Potassium Thiocyanate Industry includes architectural,
automotive, furniture, marine industry and general industry. Automotive
industry dominates the market growth owing to rising population, rise in
disposable income and trajectory growth of automotive industry. Segmentation
based on end-user type, the Potassium Thiocyanate Industry includes dyes and
hydrogen peroxide.
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Geographically, the Potassium Thiocyanate Market includes
North America, South America, Asia-Pacific, Middle-East and Africa. The U.S
market is expected to gain a positive CAGR growth in the forthcoming period
owing stringent environment regulations and norms. APAC market is expected to
gain a significant growth due to customized features offered. Europe market is
also anticipated to grow at a higher CAGR in the forthcoming period due to call
for efficient and durable construction. MEA market is anticipated to witness a
higher growth due to anticipation for efficient construction and related
activities. The key players in the Potassium Thiocyanate Market include Axalta
Coating Systems, Sherwin-Williams, AkzoNobel, Tianshui Chemical, Liaoyuan
Chemical, PuyangChenlong Biotechnology, Friends Union Enterprises, and PPG
Industries.
On the
basis of product, this report displays the production, revenue, price, market
share and growth rate of each type, primarily split into
• 0.98
• 0.99
• 0.98
• 0.99
On the
basis on the end users/applications, this report focuses on the status and
outlook for major applications/end users, consumption (sales), market share and
growth rate of Potassium Thiocyanate for each application, including
• Hydrogen Peroxide
• Dyes
• Other
• Hydrogen Peroxide
• Dyes
• Other
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