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    Breaking News

    Coating Additives Market Worth 9.19 Billion USD by 2021

    ...

    Related Content
    • Global Coating Additives Market Valued at $8 Billion in 2020: Fact.MR
    • BASF to Increase Prices for Caprolactam and Polyamide Polymer in North America
    • Cargill Strengthens Bio-Industrial Offerings, Acquires BioBased Technologies’ Polyols Product Line
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    09.29.16
    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), and Types - Global Trends & Forecasts to 2021", Published by MarketsandMarkets, The global market size is projected to reach USD 9.19 Billion by 2021, registering a CAGR of 6.1% between 2016 and 2021.

    The growing construction and automotive industries is expected to drive the coating additives market during the forecast period. China, Korea, Japan, and India are witnessing high demand for high quality construction materials. In addition, the growing automotive sector in these countries is fueling the demand for coating additives.

    Water-borne formulation is expected to be at the forefront of the coating additives market. The stringent environmental regulations in North America and Europe will drive the demand for water-borne formulations in architectural application due to presence of non-hazardous chemicals. With the tightening of regulations over VOC content, the formulators are forced to either use additives that help in reducing the VOC content or shift to water-borne formulation. However, solvent-borne formulation is also expected to show moderate growth rate due to its use in Asia-Pacific due to less stringent environmental regulations.

    The major applications for coating additives are architectural, automotive, industrial, and wood & furniture. Architectural application accounted for the largest share of the coating additives market. The growing construction sector globally will drive the demand for coating additives, which are widely used in paints and coatings for protection of various materials under extreme conditions. The ability of the additives to provide protection from moisture, microbial growth, heat, and chemical factors makes it ideal for protection. Coating additives are extensively used in formulations for underground pipes, civil engineering projects, towers, offshore structures, and chemical industries. The heat-resistant property of some coating additives makes them important in electrical and electronic applications; and its use in these applications is expected to increase in the future.


    The Coating Additives Market is broadly segmented into five regions, namely, Asia-Pacific, North America, Europe, the Middle East & Africa, and South America. Asia-Pacific is expected to dominate the coating additives market during the forecast period. The major contributor to the region’s growth is the fast-growing economy in the countries such as China, India, Japan, and South Korea.
    Currently, the global coating additives market is dominated by various market players such as BYK-Chemie GmbH (Germany), AkzoNobel N.V. (Netherlands), Arkema SA (France), Evonik Industries AG (Germany), BASF SE (Germany), The DOW Chemical Company (U.S.) and Ashland Inc. (U.S.).
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    BASF to Increase Prices for Caprolactam and Polyamide Polymer in North America BASF to Increase Prices for Caprolactam and Polyamide Polymer in North America
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    Ashland Ashland's Adhesives Unit Announces Two New Working Relationships
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    Ashland Realigns Specialties Business Leadership Roles Ashland Realigns Specialties Business Leadership Roles
    Ashland to Increase Prices on Vinyl Caprolactam Products Ashland to Increase Prices on Vinyl Caprolactam Products
    Evonik Acquires Specialty & Coating Additives Business of Air Products Evonik Acquires Specialty & Coating Additives Business of Air Products

    Related Breaking News

    • Breaking News | Market Reports
      Global Coating Additives Market Valued at $8 Billion in 2020: Fact.MR

      Global Coating Additives Market Valued at $8 Billion in 2020: Fact.MR

      More than 40% of coating additives demand created by architectural applications.
      08.23.21

    • Breaking News | Price Increases

      BASF to Increase Prices for Caprolactam and Polyamide Polymer in North America

      ...
      05.22.17

    • Breaking News

      Cargill Strengthens Bio-Industrial Offerings, Acquires BioBased Technologies’ Polyols Product Line

      ...
      05.17.17


    • Breaking News | People in the News

      Scott Eicher Joins Sprayroq

      ...
      05.11.17

    • Breaking News | Paint & Coatings Manufacturer News
      RadTech Issues Call for Papers for 2018 Conference

      RadTech Issues Call for Papers for 2018 Conference

      ...
      05.10.17

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    • AkzoNobel Reports Revenue Growth in 2022
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