MarketResearch.biz, in its upcoming report titled, “Global Coating Additives Market Trends, Applications, Analysis, Growth, and Forecast to 2027”, offers in-depth insights, revenue details, and other vital information regarding the global coating additives market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the global coating additives market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global market report is segmented on the basis of formulation, function, type, end user, and region. The global coating additive market is expected to be at US$ X.X billion in 2017, and is expected to reach US$ XX.X billion at a CAGR of X.X% over the forecast period.
Coating additive are low-level ingredients that are added to paints, sealants, etc. to enhance their performance, improve dispersion of solids, for foam reduction, and to for protection of material UV rays. External problems such as high temperature, moisture, and biocides can be dealt with help of coating additives. The coating additives can be formulated depending upon the end use.
Rapid urbanization and infrastructure development are major factors driving the growth of the global coating additives market. In addition, increasing demand for high quality finished surfaces is further boosting demand for coating additives in sectors such as automotive, architectural etc. Technological advancements in reformulating the additives is ensuing increase in demand of global coating additive for wood and furniture due to additive properties, such as viscosity, glossy finish, impact resistance, etc. is also fueling the growth.
A Major factor hampering the growth of the global coating additive market is governmental regulations associated with the emission of volatile organic compound. In addition, discharge of compound waste into rivers or waterways is further hampering the growth of the global coatings additives market.
North America dominates the global coating additives market and is expected to maintain its dominance during the forecast period. The market in North America is expected to witness significant growth owing to the presence of major vendors in this region. The market in Asia Pacific is expected to witness highest growth rate in terms of revenue owing to fast growth in infrastructure and automotive sectors. The market in Europe is expected to register a CAGR of X.X% during the forecast period.
Global Coating Additives Market Segmentation:
Segmentation on the basis of formulation:
- Solvent based
- Powder based
- Water based
Segmentation on the basis of function:
- Impact modifier
- Rheology modifiers
- Wetting agent
Segmentation on the basis of type:
- Metallic Additives
Segmentation on the basis of end user
- Wood & Furniture
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Akzo Nobel N.V.
- Arkema S.A.
- Ashland Inc.
- BASF SE
- BYK-Chemie GmbH
- The Dow Chemical Company
- Eastman Chemical Company
- Evonik Industries AG
- King Industries Inc.
- PPG industries, Inc.
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