The Coating Additives Market report also covers a detailed comprehension of the major geographies present in the market along with the key segments and sub-segments. The report focuses on regional development status, which includes the market size, share, and volume.
The latest global Coating Additives Market report provides conclusive information about the market overview, modern trends, demand, and recent development affecting the market growth during the upcoming year. Coating Additives Market report also covers the new business development, price, revenue, gross margin, market size, share, potential growth, and upcoming market strategy followed by leading players. The Coating Additives Market research report provides insight into main drivers, challenges, opportunities and risk of the market. Key players are profiled as well with their market shares in the global Coating Additives Market discussed. Overall, this report covers the historical situation, present status and the future prospects. The Coating Additives Market research report encompasses research methodologies, and porter’s five forces analysis, product scope, CAGR status. Finally, the report offers a quantitative analysis of key countries according to their revenue share and the latest technological advancements in each region.
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About Coating Additives Market:
Additives belong to a broad and diffuse category of crucial components in a coating formulation and seldom exceed 5% of the total product. Coatings have a significant impact and contribute to the ease of manufacture, the coating’s stability in the package, quality, ease of application, and the final film’s appearance. According to Researcher, the global Coating Additives market is expected to witness a considerable growth rate during the forecast period. Growing construction activities globally and growing demand in the automotive industry are the major factors driving the market for coating, which in turn is driving the consumption of coating additives. However, rising environmental concerns and growing demand for environmentally friendly products are anticipated to hinder the market growth in the near future.
The ongoing growth in the urbanization and construction industry, especially in the Asia-Pacific region, is likely to drive coatings consumption and thus the demand for additives. The urbanization rate in the Asia-Pacific region is around 1.5% per year, the world’s highest. It is estimated that by the year 2030, over half of the population in the region will be urban. According to the United Nations, as of 2020, 33 megacities in the world require planned habitation for the rapidly growing urban population. More than 50% of the global GDP is generated in cities, and urbanization can lead to sustainable growth if managed well by increasing productivity. Urbanization has expanded immensely in recent years. Due to urbanization, there has been a rise in the number of construction projects, high-rise buildings, and other construction types. Thus, as urbanization rapidly increases, the number of construction projects increases, leading to the growth in the consumption of coatings. Coatings demand is proliferating in the automotive industry due to increased vehicle demand, aging vehicles, and environmental concerns which in turn is giving a boost to the coating additives market. Moreover, increasing vehicle production in countries such as China, Mexico, Indonesia, Japan, U.S., South Korea, Germany, and India is further driving the growth of the coatings market. The rising demand for automobile coatings has exemplified the avant-garde of technologies in coating additives such as durable surfaces, exceeding customers’ expectations of appearance, maximizing efficiency, and meeting environmental regulations. Due to the evolution in the automotive sector and the manufacturing material, the automotive sector’s coatings are also evolving. The additives provide automobiles a unique appearance, which makes them desirable for customers. One of these evolutions is in the use of smart coatings because they offer the potential to significantly improve surface durability while adding additional functionalities or properties like self-healing, super-hydrophobicity, self-stratifying, self-sensing, soundproofing, and vibration damping.
Investments are being made in nano-based coating additive that can transfer ordinary coatings into highly hydrophobic and oleophobic surface properties. For instance, NANOMYTE® PC-10 is specially formulated for aqueous fluoropolymer coatings. It can be easily incorporated into commercial coating formulations for thermoset coatings like polyurethane, nitrocellulose, and epoxy. These additives improve abrasion resistance and scratch resistance. Even just small additions of PC-10 lead to a dramatic improvement in desirable mechanical properties of up to 50% without affecting the intrinsic properties of the thermoset polymer, such as gloss and transparency.
The global Coating Additives Market is segmented on the basis of type and application. The application segment is further segmented as Architectural, Transportation, General Industry, Protective, and Others. By product type, rheology modifiers are expected to dominate the global market in the forecasted period due to their help controlling paint shelf stability, ease of application, open time / wet edge, and sagging.
Coating additives are one of the most important contents in the formulation of a coating and help control its performance. The architectural coating is the most extensive application of the coating additives market and includes additives for both exterior and interior coatings (including roofs, floors, pavement, walkways, floors, etc.). The ability of coatings additives to provide protection from moisture, microbial growth, heat, and chemicals for a large duration is leading to the increasing demand for coating additives in the architectural segment. The rising growth in the construction industry due to rapid urbanization and growth in living standards and per capita income has led to the rapid growth of the coatings industry. In 2019, more than half of the world’s population lived in urban areas, and the urban population is estimated to reach 2.5 billion by the year 2050. These trends are mainly observed in African and Asian countries. The architectural coatings segment acts as a huge market for biocides, rheology modifiers, and flow and leveling products. In accordance with global trends and regulations aimed at decreasing VOCs many traditional materials, formulators are looking to transition to more environmentally friendly systems. High durability with superior technology additives is significantly expanding to provide an extended service life infrequently disinfected areas and scrubbed with harsh chemicals in commercial and institutional buildings, such as hospitals, schools, universities, and hotel lobbies. Architectural coatings are also prominent in providing air barriers essential for increasing energy efficiency in building enclosures. Air barriers stop the flow of air through the building, protecting the structure and increasing the efficiency of heating and cooling systems.
Based on geography, the global Coating Additives Market is segmented into Asia Pacific, North America, South America, Europe, and Middle East and Africa. Asia Pacific region accounted for the largest coating additives market in 2019, in terms of revenue due to the developing construction in the region, accompanied by rising spending in the industrial sector and infrastructural developments in the developing countries such as China, India, and Indonesia.
The United States is the world’s largest economy. The country’s GDP has decreased at an annual rate of 5% in the first quarter and 9.5% in the second quarter of 2020 due to the ongoing coronavirus pandemic. The coatings industry is an essential and dynamic part of the US economy. Coatings are indispensable products for the protection of a great multitude of end-uses. The US coatings industry includes manufacturers, raw material suppliers, and distributors. The industry consists of approximately 1,000 companies operating in nearly 1,300 establishments. Coating industry facilities are located in urban areas like Chicago, Cleveland, Louisville, Northern New Jersey, California, Florida, and Washington State. Architectural coatings shipments represent more than half of the volume of paint sold in the United States, and approximately 90% of all architectural coatings in the country are water-based. The construction industry is a significant contributor to the economy of the United States. The USD 20 trillion US economy relies on a vast infrastructure network, from bridges and roads to freight rail and ports to electrical grids and internet provision. The country’s coatings additives market is mainly driven by rising investment in the residential construction segment and growing demand for remodeling the old buildings. However, due to the ongoing global crisis, the region’s demand will be on a lower side in the year 2020 due to the dampening of construction activities. In 2020, construction spending in the first two months combined increased 8% from the same period in 2019, spurred by a 13% jump in single-family construction, an 11% rise in public construction, and the lowest 1% increase in private non-residential spending. The country has an open investment policy, a large consumer market, available infrastructure, and local and state government incentives for the automotive industry. There is a slowdown in the growth rate in the coating additives industry and the country’s economy. The increasing use of nanotechnology in the coating additives industry is expected to offer several opportunities for the market’s growth. In the country, architectural end-use is found to be the dominating end-user for coatings and their additives. The consumption of coating additives in the country is likely to grow at a moderate pace in the forecast period.
In 2019, the global coating additives market was found to be fairly consolidated. The major market players in the global market are Arkema SA, Ashland Inc., BYK-Chemie GmbH, Dow Inc., Evonik Industries AG, and BASF SE, among others.
Xylem launched a new multi-disciplinary center for water, wastewater, and energy technologies at the company’s regional headquarters in Singapore. Located at ICON@IBP, the expanded headquarters brings the company’s regional RandD capability into a new Xylem Technology Hub Singapore (XTHS), alongside its regional leadership and personnel.
Our Global Coating Additives Market report provides deep insight into the current and future state of the Coating Additives Market across various regions. The study comprehensively analyzes the Coating Additives Market by segments based on Type (Biocides, Flow and Leveling, Radiation Cure, Wetting and Dispersing, Defoamer and Deaerater, Rheology Modifier, Catalysts and Drier and Others), Application (Architectural, Transportation, General Industry, Protective and Others), and by Geography (Asia Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 are influencing the market growth in detail. The study covers and includes emerging market trend, market developments, market opportunities, market size, market analysis, market dynamics, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies including their market share and projects.
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This report provides detail analysis of the market and have a comprehensive understanding of the Coating Additives market and its commercial landscape. Learn about the various market strategies that are being adopted by leading companies.It provides a five-year forecast assessed based on how the Coating Additives market is predicted to grow.It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.To understand the future scope and outlooks for the Coating Additives market.Coating Additives Market Forecast by regions, type and application, with sales and revenue, from 2022.Coating Additives Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.
The Coating Additives Market Top industry players, revenue analysis, and sales margin are also explained. The report also covers raw materials analysis, production and consumption specifications. Besides, the report also covers geographical segmentation for Coating Additives market. The SWOT analysis, the growth rate for each type and application is covered. A forecast global Coating Additives market perspective will lead to valuable business plans and strategic moves.
Coating Additives Market research report explores the across the globe shows industry summary, definition, and scope along with major regions and countries. The research report provides a detailed study of each and every aspect of the Coating Additives Market. Furthermore, the research study classifies the market based on product types, applications, and end-user industries of Polycarbonate. The Coating Additives Market report offers a comprehensive view of the competitive landscape of the Coating Additives market and includes a deep description of the performance of some of the key global players competing in the market. It offers a list of the latest updates of several business strategies including mergers, acquisitions, partnerships, product launches, expansion of production units, and collaborations adopted by these major global players. The report provides a clear picture regarding RandD investment from key players and the adoption of innovative technologies to widen their consumer base and expand the existing competitive position. Moreover, the report offers detailed information about the position, scope of growth, and opportunities of new entrants or players in the market.
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Highlights of Global Coating Additives Market Report
- Explore the Coating Additives industry’s prospects and quickly compares historical, current, and projected market figures.
- This report review growth constraints, market drivers and challenges, and current and prospective development prospects.
- Key market participants are evaluated based on various factors, including revenue share, price, regional growth, and product portfolio, to demonstrate how market shares have changed in the past and are expected to change in the future.
- Describes the expansion of the global Coating Additives market across various industries and geographies. This allows players to concentrate their efforts on regional markets with the potential for rapid growth shortly.
- Discuss the global, regional, and national ramifications of COVID-19.
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- This in-depth and comprehensive research on the global Coating Additives market will help you improve your market research skills.
- Acquire a thorough understanding of current and future market conditions to determine strategies for overcoming obstacles and ensuring consistent growth.
- It provides an in-depth analysis of changing market trends, current and future technologies, and the various strategies used by global Coating Additives industry leaders.
- It provides advice and support to newcomers to the global Coating Additives market and actively assists existing businesses in increasing their market share.
- It sheds light on the plans of the industry’s leading firms and market advancements in the global Coating Additives market.
Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
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Detailed TOC of Global Syngas Market Outlook to 2026
1 Executive Summary
2 Research Scope and Methodology
2.1 Aim and Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3 Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends and Developments
3.4 Market Opportunities
3.5 Raw Material Analysis
3.6 Regulatory Policies
4 Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter’s Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5 Market Segmentation and Forecast
5.1 By Type
5.4 By Application
6 Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 United Kingdom
6.2.2 Germany
6.2.3 Italy
6.2.4 France
6.2.5 Russia
6.2.6 Nordic Countries
6.2.7 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 ASEAN Countries
6.3.6 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East and Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
7 Key Company Profiles
8 Competitive Landscape
8.1 List of Notable Players in the Market
8.2 MandA, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9 Conclusions and Recommendations
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