Coating Additives Market to Expand with Significant CAGR During 2025
The
market intelligence study titled “Coating Additives Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 -
2025” delves into the prospect of growth of the world market for
coating additives. It also assesses the sequential growth of the said
market over the forecast timeframe that extends from the year 2017 to
2025. The said report also includes various non-pervasive and
pervasive inclinations have also been mentioned in the said report. A
thorough overview of the market with the analysis of Porter’s five
forces has been offered so to present a clear and concise vendor
landscape of the market to the reader. The study also points at
acquisitions, corroborations, important conglomerates, mergers and
numerous research and development activities. The companies that have
been profiled in the report come with thorough examination based on
their marketing strategies, prime products and market shares.
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Report Overview @
In
an effort to enhance quality and performance of paints, special
solutions are added to it and those special solutions are called
coating additives. Coating additives also better anti-catering,
anti-chipping and dispersion of solids, wettability, UV protection to
paint coatings, and controls gloss. Though these coating additives
are utilized in small quantities, however they influence the
properties of application and coating to a great extent. When coating
additives are utilized at the right level, in the right amount and at
the right time they improve upon the efficiency of the manufacturing
process, add to the flow of inks and paints and formulation
sustainability, and enhance the durability and appearance of
coatings.
Aqueous
additives replace solvent-based additives. It is, thereby, bolstering
the demand for the coating additives worldwide. Burgeoning demand for
coating additives from many different applications like furniture,
automotive, construction, and various other industrial applications
is estimated to boost the world market for coating additives.
Companies are making efforts so as to come up with high-quality and
improved additives through raw material sources and new advanced
technologies. Increased spending on research and development
activities to develop bio-based and superior products so as to meet
environmental regulations is forecasted to generate opportunities for
various market players over the period of forecast. Manufacturers of
coating additives are paying more attention towards the development
of bio-based, water-based, eco-friendly coating additives.
This,
in turn, is foreseen to generate new market opportunities in the
years to come. Fluctuations in the price of various raw materials
like silicones, acrylate, and urethane owing to the instability in
the prices of petrochemical and bottlenecks in supply-demand is quite
likely to constrain the said market. Furthermore, most of the coating
additives are constantly been examined by the regulatory bodies and
environmentalists following the increasing concerns with regards to
harmful volatile organic compounds (VOC) emissions.
In
terms of geographical segmentation, the international market for
coating additives has been classified into North America, Latin
America, Europe, Asia Pacific, and Middle East and Africa. Increased
spending on infrastructure, especially in the emerging economies such
as Latin America and Asia Pacific, is fuelling the world construction
industry. This, as such, is boosting the world market for coating
additives. Increased production capacity in countries like China is
further foreseen to facilitate the Asia Pacific market of coating
additives over the forecast time period. Owing to economic crisis and
slowdown in Europe and North America regions, the prominent end-use
industries had experienced slow growth in the recent past. The
coating additives market in the said region is further anticipated to
experience fair growth in the forthcoming years.
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Some
of the market players that are operating in the world market for
coating additives comprise
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