Coating Additives Market Key Players : AkzoNobel N.V., Arkema Group, Ashland Inc., BASF SE, BYK Additives & Instruments, The DOW Chemical Company, Solvay S.A., Evonik Industries AG, Momentive Performance Materials Inc.

Global Coating Additives Market is expected to garner $11,020 million by 2022, registering a CAGR of 6.9% during 2016-2022. Coating additives perform various functions, such as anti-foaming, wetting & dispersion, rheology modification, biocidal, impact modification, and others to overcome surface defects and problems that arise during application of paints or post-drying.

The key players profiled in the report include AkzoNobel N.V., Arkema Group, Ashland Inc., BASF SE, BYK Additives & Instruments, The DOW Chemical Company, Solvay S.A., Evonik Industries AG, Momentive Performance Materials Inc., and Eastman Chemical Company. The vast product portfolio of coating additives and strong distribution network characterize the market dominance of these companies.

Other companies in this market include Elementis PLC, The Lubrizol Corporation, Michelman, Inc., Croda International Plc, and Cytec Industries Inc.

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Anti-foaming is a process of reducing or preventing foam formation on paint films or coatings. Wetting & dispersion provide stabilization to films by using deflocculating effect. Rheology modification relates to the change in the structure or flow of materials due to external stress to improve the thickness and viscosity of coated surfaces. Biocides prevent paint films from microbial damage, including fungal and algae growth caused due to humid surroundings or contamination. Impact modification is mainly used for sheets, packaging films, and others to prevent deformation of surface. Other functions of these additives include drying, surface modification, leveling, anti-settling, anti-sagging, and more.

The report on the world coating additives market exclusively focuses on current market trends and future growth opportunities of various coating additives that are used to enhance the performance of coatings. It includes different coating formulations such as water-borne coatings, solvent-borne coatings, powder-based coatings, radiation curable coatings, and solvent less coatings. It focuses on various coating additives end-user industries, such as automotive, architectural, industrial, wood & furniture, and others. Moreover, it analyzes the current market trends of coating additives across different geographies and suggests the future growth opportunities by analyzing the government regulations & policies, thereby increasing the consumer acceptance for coating additives.

Top Winning Strategy

The key players in the world coating additives market are adopting different key business strategies such as acquisitions, expansions, collaborations, product launches, and technological advancements to withstand competition in the global competitive market. The market players profiled in this report are coating additive manufacturers and suppliers who serve the product globally to several end-user industries such as automotive, architectural, industrial, and others. The data pertaining to the market players and their strategic moves are gathered through annual reports and press releases of respective companies available on the website, various blogs, and primary calls made to the experts in the industry.

LAMEA Review

In August 2016, Brazil offered various investment opportunities to Qatar for development in various key sectors such as automotive, real estate, and agribusiness to enhance the business growth potential. Such developments have led to increased requirement of coatings such as powder-based coatings, water-borne coatings, radiation curable coatings, solventless coatings in automotive, and architectural industry along with improved coating properties such as anti-foaming, corrosion resistance, mechanical strength, and others. This will require more use of coating additives to perform more efficiently, which fuels the coating additives market in LAMEA region.

UAE has signed tariff-free agreements with countries in Europe, the Middle East, and Africa to promote manufacturers to set up factories in Egypt to tap the lucrative market, which has nearly 1.6 billion consumers. The African consumer appliances market is driven by growth in demand for technology-based products, which drives the coating additives market in this region during the forecast period.

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Key Benefits

• This report provides an extensive analysis of the current trends, future estimations, and dynamics from 2014 to 2022 of the global coating additives market, which assists to identify the prevailing opportunities.
• Geographically, the market is analyzed based on various regions such as North America, Europe, Asia-Pacific, and LAMEA.
• Competitive intelligence of leading manufacturers and distributors highlights the competitive scenario across the geographies.
• An in-depth analysis of current research and developments within the market is provided with key dynamic factors that interpret the market behavior.
• Extensive analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
• Key market players are profiled and their strategies are analyzed thoroughly, which portrays the competitive outlook.

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