Report Ocean recently released a research report on the Coating Additives Market, which covers the market’s historical growth, cost structure, revenue, trends, and potential prospects for the period 2023-2031. The report provides an extensive coverage of the market across various categories and includes a detailed analysis at the national level, along with an evaluation of the key drivers, restraints, trends, and opportunities in the market.
The global coating additives market size is anticipated to reach $11.91 billion by 2026, growing at a CAGR of 4.8% during the forecast period, according to a report published by Report Ocean.
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The report ‘Coating Additives Market By Product Type (Metallic, Acrylic, Urethane, Fluor polymer & Others), By Formulation (Solvent-Borne, Water-Borne and Powder-Based), By Function (Wetting & Dispersion, Anti-Foaming, Biocides, Rheology Modification and Others), By Application (Building & Construction, Automotive, Wood, Industrial and Others), By Regions & Segments Forecast, 2018 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.
Rapidly growing demand of coating additives from numerous end-use industries is anticipated to be the major driver for the market. Coatings are complex and versatile solutions and are generally known for offering better challenges to formulators in comparison to any other product. Global coating additive market has changed substantially in the last decade and is likely to continue with the changes during the forecast period due to its highly competitive characteristics.
The essential constituents of coatings, the process of its composition and environmental-based parameters have mainly driven the innovation for this market. The regulatory framework backed up by environmental & health concerns include reduction or complete elimination of volatile organic compounds (VOC) or any other constituent that is known to be hazardous in nature.
The application sectors for coating additives have witnessed moderate growth, however, demand for novel and innovative additive compositions are anticipated to increase rapidly. Pressure due to environmental impact of these coating additives is considered to be a major driving parameter driving forces for advent of new types of coating additives. Also, significant focus has been levied upon the appearance effect d these additives coupled with the with the costs of its utilization. Stringent regulatory framework and changing consumer behaviour concerning the environment-friendly products have forced coating manufacturers to launch innovative and sustainable products.
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New and highly complex environmental policies & regulations, introduced specifically to minimize the waste and support recycling & recovery of additives, have resulted in new additive technologies and their manufacturing techniques.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Coating Additives Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
Competitive Landscape and Key Vendors
The coating additives market is a fragmented with large number of international and domestic players. Asia Pacific was the largest coating additive regional market in 2017. This was mainly on account of rapid growth in the industrial production in tandem with the rapidly growing automobile and construction sector that have resulted in increased consumption of pants & coatings and their additives. Developing nations such as India apart from other countries such as China, Japan, and South Korea Apart from South Korea, has contributed significantly to the regional growth by becoming a major manufacturing hub of additives. European nations including France, Germany, Italy, and UK are likely to be some of the significant countries to produce considerable demand by 2026 in Europe. North America is yet another significantly growing coating additives market in terms of concerning increasing consumption and production.
Some of the major coating additives market players include Solvay, DSM, Lord Corporation, Jotun A/S, BASF SE, Eastman Chemical Company, Clariant AG, Cabot Corporation, Dynea as (Norway), Rhodia SA, Bayer AG, Double Bond Chemical Ind., Co., Ltd., Valspar Corporation, ICL Advanced Additives, Kenrich Petrochemicals, Inc., Berger Paints, Nippon Paint, Beckers Group, Arkema SA, Kansai Paint, Sherwin-Williams Company, KCC Paint, PPG Industries, and Axalta Coating Systems.
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Report Ocean has segmented the global coating additives market on the basis of product, function, formulation, application and region:
Coating Additive by Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)
Metallic Coating Additives
Acrylic Coating Additives
Urethane Coating Additives
Fluor polymer Coating Additives
Others
Coating Additive by Function Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)
Wetting & Dispersion
Anti-Foaming
Biocides
Rheology Modification
Others
Coating Additive by Formulation Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)
Solvent-Borne
Water-Borne
Powder-Based
Coating Additive by Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)
Building & Construction
Automotive
Wood
Industrial
Others
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Coating Additive by Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)
North America
U.S.
Canada
Europe
Germany
UK
France
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Middle East and Africa
Saudi Arabia
UAE
Table of Content
Chapter 1: Global Coating Additives Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Coating Additives market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Coating Additives Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Coating Additives market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Coating Additives market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Coating Additives market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Coating Additives market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Coating Additives business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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