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    Market Research

    Research: Global Consumption of 5 Leading Coating, Ink Additives Worth $5.12 Billion in 2017

    ...

    Research: Global Consumption of 5 Leading Coating, Ink Additives Worth $5.12 Billion in 2017
    07.12.18
    According to a new study by the consulting firm Kusumgar, Nerlfi & Growney, global consumption of five of the leading coating and ink additives (rheology modifiers, dispersants, foam control, wetting, and slip & rub) was 2.53 billion pounds in 2017 worth $5.12 billion.  A four percent annual rate of growth is forecast for these additives through 2022 which about matches the overall growth of the 102 billion pounds of coatings and inks produced in 2017.

                Resins, pigment and fillers, and water and solvent comprise over 95 percent of the ingredients employed in coatings and inks.  However, it is the small volume additives that maximize the manufacture process, stability, appearance, performance and application properties of a formulation. The five leading additives comprised 2.5 percent of the world’s volume output of coatings and inks in 2017.  Coatings and inks continue to change to meet application, performance, environmental and consumer demands.  Additives are the small volume materials used to achieve successful products.

                Table 1 summarizes additive consumption by coating and ink technology.  Water-based technology took 70 percent of the additive volume and 59 percent of the value and is growing five percent/yr. WB architectural coatings took 80 percent of the water-based additive pounds and 70 percent of the dollars.  Solvent-based technology consumed 27 percent of the additive pounds and 37 percent of the dollars and is growing at a more modest three percent annual rate.  The 100 percent solids technologies include powder, radcure and other 100 percent solid liquids.  They utilized 3 percent of the additive pounds and 5 percent of the dollars and are increasing five percent/yr.

    The above information is contained in Kusumgar, Nerlfi & Growney’s just released study, Global Coating & Ink Additives, 2017-2022 which is available through subscription:  (201) 773-0785 or nerlfikng@cs.com.

     
     
     
     
    Table 1
    ADDITIVE USAGE BY COATING & INK TECHNOLOGY, IN MILLIONS
    Technology 2017 2022 AGR
    LB $ LB $
    Water-Based 1765 3000 2210 3700 5
    Solvent-Based 690 1880 780 2110 3
    100 percent Solids 75 240 96 310 5
    Total 2530 5120 3086 6120 4
     
     
     
     
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