Primer Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)


Primer Market Analysis:

The forecast period is expected to witness a CAGR of below 6% in the primer market, which was adversely affected by the COVID-19 pandemic. The temporary suspension of construction and automotive manufacturing activities during the pandemic led to a decrease in primer consumption in these end-user industries. However, the market has shown signs of recovery in 2021, resulting in an increase in product demand during the forecast period.

The market’s short-term growth is expected to be fueled by an increase in building projects worldwide. Conversely, stringent environmental regulations governing primer usage are likely to impede market growth. The emergence of bio-based primers as a viable alternative presents an opportunity for market growth.

Asia-Pacific, led by India, China, and other countries, was the world’s largest market for primers.

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