Coating Additives Market Arch Chemicals, Akzo Nobel NV, BYK-Chemie GmbH,
Drivers and Trends in Market
Recently, construction and building sectors has witnessed exponential growth, simultaneously positively impacting on the coating additives sales. Increasing awareness among consumers about significance of using high-quality paint material for houses and buildings is boosting the demand for different types of coating additives. Additionally, introduction of more efficient and advanced coating additives has resulted in greater usage of product in the automobile industry. Latest variants of coatings additives provide superior functionality in keeping the exterior paint work of cars at finest condition for prolonged duration.
Further, coating additives have gained traction in the production of several aviation, furniture and wood products and industrial engineering. However, rising concerns over risk associated with VOC found in coating additives will remain key deterrent for the growth of market. This is resulting in promoting manufacturers to do extra efforts in improving environmental-friendly coating additives like bio-based or water-borne. Introduction of such coating additives will create new market opportunities in near future. These factors are expected to shape dynamics of the market over the forecast period.
Market Analysis on the basis of Segmentation
The solvent based segment, by formulation is likely to maintain its top position in 2017 and further. This segment is currently securing over half of revenue share of the global market. Additionally, the solvent based segment is anticipated to reach valuation more than US$ 4,950 Mn through 2022-end.
Acrylic segment, by product type is likely to retain its dominance over the forecast period, registering a revenue share of more than one-fourth of the global market. This segment is anticipated to surpass a valuation worth US$ 2,400 Mn, witnessing expansion at steady CAGR throughout the forecast period.
The rheology modification segment, on the basis of application type is likely to remain most lucrative during the assessment period. In terms of revenues, this segment currently holds nearly one-third share of the market, and anticipated to increase at single-digit CAGR during 2017 to 2022.
Europe to Remain Most Lucrative Region
Geographically, Europe is likely to remain dominant region in global coating additives market. The coating additives market in this region is estimated to ride on an impressive CAGR and generate nearly US$ 1,800 Mn by the end of forecast period. This growth is due to influx of emigrants in the country, which is causing huge demand for construction supplies including coating and paint additives for relief shelters and housing. Moreover, coating additives market in Asia Pacific excluding Japan and North America are estimated to expand at steady growth rate throughout the forecast period. However, market in APEJ region is likely to showcase fast CAGR.
Request For Report Discount@ https://www.researchsolutioninsights.com/report/discount/230122-Coating-Additives-Market
Leading companies functioning in the global coating additives market include Solvay SA, BASF SE, Ashland Global Holdings, Inc., Arkema SA., Momentive Performance Materials, Inc., Lonza Group AG, Arch Chemicals, Akzo Nobel NV, BYK-Chemie GmbH, Asahi Glass Co., Ltd., Dow Chemical, and Evonik Industries AG.
Research Solution Insights is a U.S. based market research and consulting company.
We are the best destination for your research and analytical solutions;
simply because our primary and secondary sources of information are adroit to give one stop solutions.
Company provides syndicated research reports,customized research reports, and consulting services.
We offer the comprehensive market research solutionfor all the industries by performing the in-depth study of industry trends,
verticals globally.We believe in building an eternal bond with our customers through providing
them inclusive research study both customized and syndicated based on their specific requirements.
10 rue Pierre Grange,
Zone industrielle de la pointe,
94120 Fontenay sous Bois
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Coating Additives Market Arch Chemicals, Akzo Nobel NV, BYK-Chemie GmbH, here
News-ID: 1621414 • Views: 337
More Releases from RESEARCH SOLUTION INSIGHTS
Infectious Disease Diagnosis Test Kits Market to Showcase Vigorous Demand during …
Global market for infectious disease diagnostic test kits is expected to gain a value of US$ 876.6 Mn in 2016, up from US$ 827.7 Mn in 2015. Increasing incidences of infectious diseases worldwide will continue to drive market by 2024 end. Asia Pacific is anticipated to form the most attractive market for infectious disease diagnostics. Browse Sample of Full report @ https://www.researchsolutioninsights.com/report/discount/230444-Infectious-Disease-Diagnosis-Test-Kits-Market Increasing rate of infectious diseases, including influenza, malaria,
Bone Densitometer Devices Market Expansion Projected to Gain an Uptick During 20 …
Bone densitometers are devices used for non-invasive measurement of bone mineral density in order to determine an individual’s bone health. This device has an essential role in the evaluation of patients at risk of osteoporosis and fracture. There are two types of bone densitometer devices available in the market viz. Axial Bone Densitometer and Peripheral Bone Densitometer. Several methods are available to measure bone density, but currently the most accurate
Biopsy Device Market Prime Economies Expected to Deliver Major Growth until 2026
Biopsy Device market is projected to reach US$ 2,621.4 Mn by 2026 due to the government initiatives to enhance availability of cancer diagnosis and treatment. Biopsy device market can be broadly classified into product segments such as guidance system, needles, guns, reagents & kits and others (brushes, curettes and punches etc.); by application such as medical diagnosis and scientific research; and by end users which are hospital, specialized oncology centre,
Automotive Ignition Coil Market Market Forecast Covering Growth Inclinations & D …
The long-term outlook on the global automotive ignition coil market remains positive, with market value expected to increase at a CAGR of 4.5% during the forecast period (2016 – 2026). Among product types, the pencil ignition coil segment is expected to expand at a significant CAGR in terms of value over the forecast period. Global sales of automotive ignition coil is estimated to be valued at US$ 2,460.9 Mn by
More Releases for CAGR
Catalase Market : Research Observes Strong CAGR Development
The "Global Catalase Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016 - 2024", report intends to offer a resourceful means to assess the Catalase Market and entails the all-inclusive analysis and upfront statistics with regards to the market. This new report is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The Catalase Market report, titled Catalase Market, is expansive research
Citicoline Market | CAGR of 14.4%
The global Citicoline Market 2020 Report provides fine intelligence that helps market players to compete well against the tough competition on the basis of growth, sales and other various important factors. The research report lays stress on key growth opportunities and market trends apart from important market dynamics including market drivers and challenges. With the help of this report, involved parties can equip themselves to adapt along with the changes
Footwear Market : Research Observes Strong CAGR Development
The "Global Footwear Market Set for Rapid Growth, to Reach Around USD 320.44 Billion by 2023", report intends to offer a resourceful means to assess the Footwear Market and entails the all-inclusive analysis and upfront statistics with regards to the market. This new report is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The Footwear Market report, titled Footwear Market, is expansive research
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020