Coating Additives Market report provides an outlook for current market value as well as the expected growth of Coating Additives Market during 2018-2025. The whole supply chain of Coating Additives Market has been explained with statistical details with a special emphasis on various upstream and downstream components. The current trends pertaining to the demand, supply, and sales of Coating Additives Market, together with the recent developments have been given here to provide an exhaustive picture of this market.
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Global Coating Additives Market is expected to reach USD 11.58 billion by 2025, from USD 7.20 billion in 2017, growing at a CAGR of 6.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Major Market Drivers and Restraints:
- Increase in infrastructure of building & construction industry
- Rise in automotive industry
- Unstable prices of raw materials
- Increased demand of eco-friendly paints
- Increased in R&D activities
- Strict regulatory scenario
Major Market Competitors/Players:
Some of the major players operating in the global coating additives market are:-
- BASF,
- Clariant, IFC Coating,
- ALTANA,
- allnex group,
- AkzoNobel N.V.,
- Arkema Group,
- Ashland Inc.,
- BYK Additives & Instruments,
- The DOW Chemical Company,
- Solvay S.A.,
- Evonik Industries AG,
- Momentive Performance Materials Inc.,
- Eastman Chemical Company,
- Elementis PLC,
- The Lubrizol Corporation,
- Michelman, Inc.,
- Croda International Plc,
- Cytec Industries Inc.,
- Angus Chemical Company,
- Lonza Group,
- Buckman Laboratories International, Inc.,
- Cabot Corp.,
- Cytec Industries Inc.,
- Daikin Industries Ltd.,
- Dynea among others.
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Market Segmentation:
The global coating additives market is segmented on the basis of type, function, formulation, end user, and geography.
On the basis of type, the global coating additives market is segmented into acrylic, fluoropolymers, urethanes, metallic additives, and others.
On the basis of function, the global coating additives market is segmented into anti-foaming, wetting & dispersion, rheology modification, biocides, impact modification, and others.
On the basis of formulation, the global coating additives market is segmented into water-borne coatings, solvent-borne coatings, solventless coatings, powder-based coatings, and radiation curable coatings.
On the basis of end user, the global coating additives market is segmented into residential & commercial buildings, automotive, architectural, industrial, wood & furniture and others.
Based on geography, the global coating additives market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Competitive Analysis:
The global coating additives market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of coating additives for global, Europe, North America, Asia Pacific and South America.
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