Additives Market Report

In the paint and coatings industry, additives play an important role offering adhesion for paint, preventing growth of mildew and overall improving paint characteristics. Overall,  growth in 2013 was slow, and as we progress into 2014 the market itself is optimistic albeit struggling.

“Additives, particularly rheology modifiers and dispersants continued to play a key role in end-performance requirements in the paint and coatings market during 2013,” explained Amber Goodyear, marketing manager, Coatex Inc. “The outlook for 2014 remains optimistic, with eyes continuing to follow the housing market. Particularly as interest rates begin to rise and employment numbers evolve.”

Benjamin Dupnik, global segment manager, coatings, Cabot Corp., said that the market did indeed grow slowly in 2013 driven by increases in automotive production, overall industrial production and the beginnings of a rebound in the construction sector.

“Growth in developed economies remained sluggish in 2013, and this trend will likely continue in 2014,” Dupnik said. “Among BRIC economies, only China is demonstrating a favorab