Coating Additives Market Forecast $8.7 Billion in 2018

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MarketsandMarkets Presents
Coating Additives Market Forecast 8.7 Billion in
2018
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ating-additives-market-1268.html
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The report Coating Additives Market by Function
(Rheology Modifiers, Dispersing, Wetting Agent,
Impact Modifier, Anti-Foaming), Application
(Automotive, Architecture, Industrial),
Formulation (Water, Solvent, Powder Based),
Types - Global Trends Forecast to
2018, defines and segments the coating additives
market with analysis and forecasting of revenue
and volume. This market would grow from an
estimated 6 billion in 2013 to 8.7 billion by
2018, with a CAGR of 6.4 from 2013. Browse gtgt
136 data tables
27 figures 254
pages and in-depth TOC on Coating Additives
Market  http//www.marketsandmarkets.com/Market
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The major function of a coating additive is to
address problems hindering the performance of
coatings as the problem would include foaming,
wetting dispersing, inconsistent rheology,
biocides, etc. Thus, the industry players have
begun focusing on developing and launching
additives which would facilitate the formulators
to achieve the right proportion along with high
performance. With the tightening environmental
regulations, formulators are forced to reduce the
VOC content in their products. This has caused a
shift towards the use of water-borne or powder
coatings, wherever it is possible. It has, thus,
become important for them to find a right balance
between the product performance and content of
their product. Hence, careful selection of the
right additive plays an important role in the
performance of coatings in its end-use
application.
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ating-additives-market-1268.html
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According to estimates, Asia-Pacific did lead
the market for coating additives with 40.8 share
at global level in 2012, followed by North
America (26.9), Europe (20.2), South America
(8.1) and Rest of the World (4.1). Looking at
additives type, acrylic-based coating additives
leads demand with highest share, followed by
urethane, metallic, and fluoropolymer-based
additives. The growth of the coating additives
market has been studied through in-depth analysis
of major factors that are driving the market such
as, growing demand for multifunctional additives
with opportunities in the development of
multifunctional coating additives. However, the
difficulties faced by the formulators and
environmental regulations are proving to be the
major restraining factors for the market.
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ating-additives-market-1268.html
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ating-additives-market-1268.html