close

Enter

Log in using OpenID

Coating Additives Market Analysis-2019

embed
In the report, the Coating Additives Market has been studied for North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South
Coating Additives Market to gain from the usage in Healthcare and Furniture
Applications
Market Overview:
The Coating Additives Market is expected to soar from USD 7.65 Billion in 2018 to reach USD
10.33 Billion by 2023, expanding at the CAGR of about 6.2%. Rising demand for automobiles in
developing regions such as the Asia-Pacific and increased spending on infrastructure and
housing development tends to increase the market for coating additives. Transportation was
the most extensive application for coated fabrics due to their increasing use in airbags. The
upturn in automotive production, especially in emerging markets of India, China and Brazil, is
expected to be a key factor for market development over the next six years.
Market Drivers and Restraints:
The continued rapid growth of urbanization and infrastructure construction is the main factor in
the coating additives market. Technological advances in the reformulation of additives are
creating a growing demand for the product. Growing strict regulations and sustainability for the
environment lead to market growth. The increased demand for high-quality surfaces is
increasing the demand for these additives in areas such as automotive, architecture, etc.
The increase in R&D to develop superior and bio-based products complies with environmental
regulations and offers opportunities to market participants in the next period. Companies
involved in the development of higher-value additives through new technologies and raw
material sources are driving market growth. Growing automobile production, with the growing
demand for vehicles in emerging markets, should boost demand for coating additives in the
next period. Demand is further expected to be driven by the increasing use of urethane-based
additives in construction, industrial and automotive applications. The increase in raw material
prices for coating deformer additives and supply-side supply bottlenecks is the primary
constraint for the market.
To know more, click on the link below:
https://www.marketdataforecast.com/market-reports/coating-additives-market
Report segmented as
By Function:





Rheology Modifiers,
Dispersing,
Wetting Agent,
Impact Modifier,
Anti-Foaming
By Type:



Water,
Solvent,
Power Based
By Application:



Automotive,
Architecture,
Industrial
Geographical Analysis:
Asia Pacific held the highest share of the global coating additives market, with revenue
exceeding USD 7,600 million in 2013. It is further expected to expand due to the surging
population, increasing automotive demand and rising infrastructure spending. Besides, Asia
Pacific is also expected to witness the fastest growth, at an estimated CAGR of 5.1% from 2014
to 2020. North America and Europe are also anticipated to witness constant growth at an
estimated CAGR of 3.5% and 3.2% from 2014 to 2020, respectively.
Important Market Players:
BYK-Chemie GmbH, BASF SE, Arkema SA, AkzoNobel N.V., and Evonik Industries are the major
competitors for the coating additives market. BYK-Chemie GmbH manufactures and supplies
additives and measuring instruments. It offers liquid rheology additives, former rockwood
additives, wetting and dispersing, wax additives, printing inks, adhesives and sealants, paper
coatings and floor polishes.
View a sample and decide @ https://www.marketdataforecast.com/market-reports/coatingadditives-market#request_sample
The Scope of the report:
This report offers the current product and services market evaluation and the future estimation
of the market. It helps us understand the market better through size anticipation and CAGR
calculation to estimate the next market. It has a broader segmentation for better
understanding of the enterprising of the market at a low level by segregating the market into
smaller sectors.
About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence
and consulting. We have rich experience in research and consulting for various business
domains to cater to the needs of both individual and corporate clients.
For more information:
Abhishek Shukla
Sales Manager at Market Data Forecast
Email: [email protected]
Tel: +1-888-702-9626
Website: https://www.marketdataforecast.com/
Author
Brian
Brian23   documents Email
1/--pages
Report inappropriate content