Title: North American coating additives market is estimated to grow to $3,503.1 million by 2018
1Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts
- North American Coating Additives Market is
Estimated to Grow to 3,503.1 Million by 2018
2- The North American coating additives market is
estimated to grow to 3,503.1 million by 2018 at
a CAGR of 6.5 from 2013 to 2018 due to the
reviving automobile and construction industries
in the region. -
- The North America coating additives market
report defines and segments the coating additives
market in North America with analysis and
forecast of revenue.
3 Browse through the market data tables, figures
and detailed ToC on the North American Coating
Additives Market http//www.micromarketmonitor.
com/market/north-america-coating-additives-7177276
697.html
4 - Coating additives are special additives that are
added to the paint and/or coating to enhance its
performance and quality. - The main function of additives is to modify the
properties of the coating such as viscosity,
gloss, impact resistance, foam, etc. which
enhances the effectiveness of the coatings. - The coating additives in the form of paints are
applied on the substrate using brush or rollers
to form a thin film that is used for decorative
or protective purpose. - While in powder coating, the powder is sprayed on
the substrate, which is attracted towards the
surface due to electrostatic charge that holds it
in its place.
5 - The North American region has traditionally been
a strong potential market for coating additives. - Globally, the North American market has been a
leader with respect to product innovation, in
terms of quality and application development. - The region is characterized by the strict
environmental regulations regarding the base of
the formulations. - The industrial development and growth in
furniture industry are also expected to increase
the demand of coating additives in the region.
6 - The Industrial segment is also growing in the
region due to the availability of raw materials
which is also increasing the consumption of
coating additives in the region. - The report covers the North American coating
additives market which is segmented on the basis
of type, application, and geography. - In the North American region, coating additives
are applied in automotive paints, bedding
furniture, construction and industrial
applications. - The major country in the market includes the
U.S., which has state-of-the-art infrastructure
also attracts the manufacturers to start
production with new technologies as a major
factor in the region.
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the prevailingtechnologies/products.
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