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The liquid sand paper market size is estimated to grow by USD 684.4 million at a CAGR of 5.36% between 2023 and 2028. The market is experiencing significant growth, driven by the increasing number of infrastructure projects worldwide. This trend is fueled by the rising adoption of eco-friendly painting tools, which includes liquid sand paper, as they offer numerous advantages over traditional sandpaper. These advantages include reduced dust generation, easier application, and increased productivity. However, the market faces challenges due to the volatility in the cost of raw materials required to manufacture painting tools. The primary raw materials, such as resins and abrasives, are subject to price fluctuations, which can impact the profitability of manufacturers. Despite these challenges, the market is expected to continue growing, driven by the increasing demand for eco-friendly and efficient painting solutions.
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The market is witnessing significant growth due to its wide application in various industries. This market includes Deglosser, which is used to smooth out rough surfaces before painting or coating. The key end-users of Liquid Sand Paper are Paints, Plastics, Fertilizers, Medicines, and Raw Materials industries. Two primary types of Liquid Sand Paper are Solvent-based and Water-based. Solvent-based Liquid Sand Paper uses Naphtha, Toluene, Methylene Chloride, and Ethyl Alcohol as raw materials. On the other hand, Water-based Liquid Sand Paper uses less hazardous raw materials, making it an eco-friendly alternative. The Building and Construction industry is the major consumer of Liquid Sand Paper due to its extensive use in preparing surfaces for painting and coating. Other industries such as Industrial, Paints, Plastics, and Fertilizers also contribute significantly to the market growth. Key players in the Liquid Sand Paper Market include IndustryARC, Varnish, Lacquer, Enamel, and Polyurethane manufacturers. The market is expected to grow at a steady pace due to the increasing demand for coating and painting applications in various industries. Liquid Sand Paper finds extensive use as a substrate in the production of Varnish, Lacquer, Enamel, and Polyurethane. It is also used as a degreaser in the pharmaceutical industry for preparing surfaces before coating medicines. The market is expected to witness growth due to the increasing demand for coating and painting applications in various industries. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The increasing number of infrastructure projects is notably driving market growth. The market is poised for substantial growth due to the escalating number of infrastructure projects worldwide. The expanding population and supportive government initiatives for construction projects are significant factors driving this trend. For instance, the global population has grown from 7.3 billion in 2015 to 7.76 billion in 2020, necessitating an increase in residential and commercial building construction, particularly in developing countries like the UAE, Saudi Arabia, India, and China.
Moreover, several countries are augmenting their construction spending to cater to their citizens' needs. As per the US Census Bureau, the total construction spending in the US rose from USD1,487 billion in 2015 to USD1,526 billion in 2020. Industry influencers, including Technavio and Reportlinker, provide industry data indicating the profitability of this market. Pricing strategies and promotional offers are crucial factors that can influence the market's growth trajectory. Thus, such factors are driving the growth of the market during the forecast period.
The rising adoption of eco-friendly painting tools is the key trend in the market. The market is witnessing significant growth due to the increasing demand for eco-friendly painting tools. With a focus on reducing environmental pollution caused by traditional painting tools and solvent-based paints, vendors are shifting their focus towards low volatile organic compound (VOC) and environmentally friendly paints. Additionally, the demand for eco-friendly painting tools such as liquid sand paper is increasing as they do not contribute to environmental pollution. Warner Manufacturing Co. is one such vendor offering biodegradable painting tools made from tapioca and potato starch instead of plastics.
Furthermore, such initiatives by industry influencers are expected to increase the demand for liquid sand paper during the forecast period. Pricing and promotions play a crucial role in the growth of this market. According to a report by Technavio, the market is expected to grow at a CAGR of over 5% during the forecast period. Industry data from Reportlinker also suggests that the market is expected to reach USDXX billion by 2026. Therefore, vendors need to focus on offering competitive pricing and effective promotions to cater to the increasing demand for eco-friendly liquid sand paper tools. Thus, such trends will shape the growth of the market during the forecast period.
Volatility in cost of raw materials required to manufacture painting tools is the major challenge that affects the growth of the market. The market is projected to experience growth during the forecast period. However, the market's expansion is influenced by the volatile pricing of raw materials essential for manufacturing painting tools and accessories. Liquid sand paper is produced using naphtha, ethyl acetate, and ethyl alcohol, while scrapers are fabricated from stainless steel and wood.
Furthermore, the fluctuation in the price of crude oil significantly impacts the cost of these raw materials, subsequently affecting the profitability of industry vendors. According to Industry data from authoritative sources like Technavio and Reportlinker, market influencers should closely monitor the price volatility to maintain competitiveness and ensure profitability. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ABSOLUTE RESURFACING PTY Ltd - The company offers liquid sandpaper that eliminates hours of dusty sandpapering before refinishing or painting and the product requires no rinsing or neutralizing.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The Home segment is estimated to witness significant growth during the forecast period. Liquid sand paper, also known as deglossers, plays a crucial role in the preparation process for various substrates prior to the application of paints, plastics, fertilizers, medicines, and other coatings. These effective tools are particularly useful for small surfaces and intricate areas that require precise refinishing.
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The home segment was the largest segment and was valued at USD 1.11 billion in 2018. Liquid sand paper is commonly employed to scrape off excess paint and wood, shave down paint runs, and reshape details in existing wood trims. Additionally, it is effective in removing old layers of lacquer, paint, varnish, and glue from surfaces. By using liquid sand paper, blistered coatings and damaged surfaces can be transformed, leading to a decorative finish. In the current market scenario, the DIY segment, driven by lockdowns and the shift towards online classes and work from home, has seen a significant increase in demand for liquid sand paper. The paint segment, specifically, has experienced growth due to home improvement projects such as shelving, cabinetry, house painting, garden, and bathroom decoration. Ethyl alcohol, a key raw material in the production of liquid sand paper, is primarily sourced from the paint segment. The global market for liquid sand paper is diverse, with various vendors offering solvent-based and water-based options. Key solvents used in liquid sand paper production include naphtha, toluene, methylene chloride, and ethyl alcohol. Upcoming trends in the market include the growing popularity of eco-friendly painting tools and the increasing demand for infrastructure projects using conventional paints. Vendor analysis reveals that Americans are the primary consumers of liquid sand paper, with a significant number of DIY projects and home improvement initiatives underway.
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APAC is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The market encompasses a range of deglossers used for preparing substrates for various applications, including DIY projects, building and construction, and infrastructure projects. These deglossers are employed in the production of paints, plastics, fertilizers, medicines, and other raw materials. The market caters to diverse segments such as solvent-based and water-based deglossers, with key chemicals including naphtha, toluene, methylene chloride, and ethyl alcohol. The ethyl alcohol segment and paint segment dominate the market due to their extensive usage in DIY projects, home improvement, and decoration applications. With the rise of lockdowns, online classes, and work-from-home culture, there has been a significant increase in DIY projects, leading to increased demand for liquid sand paper and associated products. Key applications include shelving, cabinetry, house painting, garden decoration, and bathroom and bedroom decoration. Vendor analysis reveals that the global market scenario is witnessing upcoming trends towards eco-friendly painting tools and conventional paints. Infrastructure projects, particularly in developing countries, are expected to provide substantial growth opportunities for the market. The Americans have shown a keen interest in DIY projects, leading to increased demand for liquid sand paper and related products. As a result, vendors are focusing on expanding their product offerings and improving their distribution networks to cater to this growing demand. CouponFollow and other online platforms are providing discounts and deals, making these products more accessible to a wider audience.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Coated Abrasives Market: Analysis APAC, Europe, North America, South America, Middle East and Africa - China, Japan, US, India, Germany - Size and Forecast
Frac Sand Market: Analysis North America, Europe, APAC, Middle East and Africa, South America - US, Canada, China, Australia, Argentina - Size and Forecast
Frac Sand Logistics Market: Analysis North America, APAC, Europe, South America, Middle East and Africa - US, Canada, China, Japan, Germany - Size and Forecast
The market is witnessing significant growth due to its increasing popularity among various industries, particularly in the DIY sector and building and construction. Liquid sand paper is an alternative to traditional sanding methods, offering smooth finishes and easy application. This market caters to various industries such as paints, plastics, fertilizers, medicines, and more. The solvent-based segment holds a substantial share in the market, but the water-based segment is gaining traction due to its eco-friendly properties. The market is driven by the demand for sanding solutions in DIY (Do it yourself) projects, house painting, bathroom decoration, bedroom decoration, and garden renovation. The lockdowns, online classes, and work-from-home trends have led to an increase in DIY activities, further boosting the market growth.
Furthermore, key raw materials used in the production of liquid sand paper include naphtha, toluene, methylene chloride, and ethyl alcohol. Companies such as varnish, lacquer, enamel, and polyurethane manufacturers are also contributing to the market's growth by integrating liquid sand paper in their product offerings. The global market scenario is influenced by infrastructure projects and the shift towards eco-friendly painting tools. Upcoming trends include the use of ethyl alcohol in the paint segment and the adoption of advanced technologies to enhance the product's performance. Americans are increasingly opting for liquid sand paper for their DIY projects, particularly in the areas of shelving and cabinetry. The market is expected to continue its growth trajectory in the coming years.
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Market Scope |
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Report Coverage |
Details |
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Page number |
137 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.36% |
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Market growth 2024-2028 |
USD 684.4 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.92 |
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Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 35% |
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Key countries |
US, China, India, Germany, and Canada |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ABSOLUTE RESURFACING PTY Ltd, Akzo Nobel NV, Allied Piano and Finish LLC, Ballistic Bowling, Formax Manufacturing, Heinrich Konig GmbH and Co. KG, Konig UK, KWH Group Ltd, Neo Tac Inc, RPM International Inc., Sevens Paint and Wallpaper Co, Swing Paints Ltd, The Savogran Co., Univar Solutions Inc., W.M. BARR Co. Inc., and Wilson Imperial Co |
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Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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