Global Carboxylic Acids-Based Esters Market to Reach US$13.43 Bn by 2023, Paints and Coatings Industry Exhibits Steady Demand : Transparency Market Research
Carboxylic acids based esters are usually formed when alcohol reacts with carboxylic acid. It is a type of condensation reaction and popularly known as "Esterification" in organic chemistry. Carboxylic acids based esters are notably popular among paints & coatings manufacturers as these can replace hazardous air pollutants (HAP) in the formulation of paints, coatings, and inks. Strong growth in the global building & construction industry has provided momentum to the paints and coatings segment, which is expected to be the...
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