Coating Additives Market is forecasted to grow at 6.1% for 2018 to 2025 at an estimated value of USD 11.58 billion by 2025 with factors such as strict government regulations and fluctuation in the cost of the raw materials hampering the market growth.
Coating additives market has shown a significant adoption rate and preferences from the Asia- Pacific region. Increasing demand for coating additives for better protection of build and growth in automotive sector in the region are the factor which will further the market demand.
According to Data Bridge Market Research the coating additives market in developing regions is witnessing a growth in terms of its adoption rate, due to growing demand for environmental friendly products and rising popularity of multifunctional additives. Growing demand for coating additives from the construction industry will also accelerate the demand for coating additives. Increasing R&D investment by various manufacturers to develop advanced product will also accelerate the demand for the coating additives.
Now the question is which are the regions that coating additives market players should target? Data Bridge Market Research has forecasted market leaders to target Asia- Pacific developing regions to help them in attaining better volume of revenue generation.
Coating additives market is becoming more competitive every year with water borne currently being the largest market formulation for the forecasted period of 2018 to 2025. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the coating additives market.
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Evonik Industries announced the acquisition of Air Products Inc. in January 2017. This acquisition will help the company to enhance their position in the specialty additives market and with the Air Products Performance Materials business provide better solutions to their customers.
Lubrizol Performance Coatings announced the launch of their new additive technology PowderAdd 9553 and PowderAdd 9566 in April 2017 which is specially designed for the powder coating application. These products can save money and time of manufacturers of powder coating as they are custom-made additives without deformation for small batch production.
The coating additives market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa
All country based analysis of the coating additives market is further analysed based on maximum granularity into further segmentation. On the basis of type, the coating additives market is segmented into acrylic, fluoropolymers, urethanes, metallic additives, and others. On the basis of function, the coating additives market is segmented into anti-foaming, wetting & dispersion, rheology modification, biocides, impact modification, and others. The coating additives market on the basis of formulation 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 coating additives market is segmented into residential & commercial buildings, automotive, architectural, industrial, wood & furniture and others.
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Key Pointers Covered in the Coating Additives Market Industry Trends and Forecast to 2025
Key Market Competitors Covered in the report
Above are the key players covered in the report to know about more and exhaustive list of coating additives companies, contact us https://www.databridgemarketresearch.com/reports/global-coating-additives-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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