NC Thinner Manufacturing Business. Production of Nitro Cellulose (N.C.) Thinner
N.C. Thinner is Nitro cellulose thinner. It is a mixture of esters, glycol, alcohol, aromatic solvents and ketones suitable diluents to all nitro products. It is manufactured for reducing lacquers before they are applied by different methods. Mainly used for solvent based nitro product. The thinner is best suited to all paints and coating that are nitro-based. It has been blended in exact proportion to reduce the lacquers before they are used on the intended surface.
Used for cleaning purpose as well as in paint thinners. Normally paint thinner is used to remove oil-based paint from brushes, rollers, equipment, and surfaces.
N.C. Thinner is used as a diluents in all nitrocellulose based coatings in all proportions.
· Paint industry
· Rubber industry
· Ceramic industry
· Textile industry
· Detergent & plastics industry
· Longer shelf life
· Accurate composition
· Easy to use
· Long lasting effect
· Water proof
· Fast drying property
· Precise ph value
· Perfect composition
· Quickly reduces the consistency of the lacquer to the required degree.
· Improves film smoothness of lacquers when applied either by spray or dipping thus extending excellent finish.
· No problem of smell and does not cause any irritation to skin even with long duration of usage
· Quick drying property
· Prevents milky effect of the surface (Use of Non-Alcoholic Thinner)
· Lacquer driers without blushing, resin blush, pin holing and other surface defects.
· No orange peel developed after the evaporation of NC Thinner, and therefore increase the tensile strength of the film along with its gloss.
· NC Thinner has a certain action preventing milky effect of the surface.
As the paint industry is a major consumer of thinners & solvents, and is expanding at a tremendous speed, it is very obvious that the demand of thinners, too, will increase tremendously.
Global Paint Thinner market size will increase to Million US$ by 2025, from Million US$ in 2018, at a CAGR of during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Paint Thinner.
The global Lacquer Thinner market was million US$ in 2018 and is expected to million US$ by the end of 2025, growing at a CAGR of between 2019 and 2025.
India Paints & Coatings Market
India paints & coatings market is projected to grow at a CAGR of 11.4% during 2018-2023, predominantly on account of growing investments in infrastructure and real estate construction projects. Moreover, demand for paints & coatings is likely to further increase in the coming years due to rising number of households, increasing purchasing power, and growing production and sales of automobiles in the country. Under the Government of India Smart Cities Mission, several existing cities and mostly smaller cities and towns are witnessing a boom in housing projects, hospitals and office spaces, thereby propelling demand for paints & coatings in the country.
On the basis of application, the paints and coatings market is divided into three categories: industrial, marine, and architectural and decorative. The sales volume of paints and coatings is projected to grow at the fastest rate for industrial applications, with 5.5% CAGR during the forecast period. Rising demand for paint and coating solutions in the automotive, consumer goods, and manufacturing industries is aiding the market growth in this category.
Some of the major players operating in India paints & coatings market are Asian Paints Ltd, Berger Paints India Limited, Kansai Nerolac Paints Limited, Akzo Nobel India Ltd., Shalimar Paints Limited, BASF India Ltd., Sheenlac Paints Ltd., Jotun India Pvt. Ltd., Jenson & Nicholson Paints Pvt Ltd, and Snowcem Paints, among others.
Paints and Coatings Market
The global Paints and Coatings market is valued at 178900 million US$ in 2018 is expected to reach 242700 million US$ by the end of 2025, growing at a CAGR of 4.5% during 2019-2025.
The market growth is driven by the increasing demand for painting and coating solutions from the automotive, electronic, and construction industries, based on resin type, the paints and coatings market is categorized into acrylic, polyester, polyurethane, epoxy, and others (nylon, nitrocellulose lacquer, and polycarbonates).
Rising demand from the construction industry is driving the growth of the paints & coatings market. Increasing demand from automotive, general industrial, marine, coil, wood, aerospace, rail, and packaging coatings is expected to further fuel the growth of the paints & coatings market during the forecast period.
A major trend being witnessed in the paints and coatings market is the growing adoption of smart coatings. Besides, expansion in the construction industry, rising demand for automobiles across the world, and increasing requirement for paints and coatings in the oil and gas sector are the key factors contributing to the growth of the market.
The growth in the global paints and coatings market is vastly attributed to strengthening production of several end-use industries include marine, automotive, aerospace, and building and construction. Growing number of construction projects worldwide is a major factor fueling the consumption of paints and coatings, which in turn is boosting the overall paints and coatings market.
Some of the key players of the paints and coatings market include 3M Company, AkzoNobel N.V., Asian Paints Limited, Axalta Coating Systems, BASF Coatings GmbH, Chugoku Marine Paints, Ltd., Hempel A/S, Jones Blair, Kansai Paint Co., Ltd., Nippon Paint Co., Ltd., PPG Industries, Inc., RPG International Inc., Sherwin-Williams Company and Valspar Corporation.
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