Formulation Additives Market 2025 analysis with Key Players-Altana, Evonik Industries, Honeywell International Inc., Momentive, Lanxess, Cytec Solvay Group, Akzo Nobel N.V., Lehmann&Voss&Co., Huntsman International LLC, Elementis plc

Formulation Additives Industry Report for the paints and coatings industry. With a comprehensive range of respected brands and a broad technology base of Dispersing Agents, Defamers, Rheology Modifiers, Wetting Agents and Surface Modifiers, Film-forming Agents, Light Stabilizers and Antioxidants, our unique portfolio helps to enable performance-driven products, which are passionately designed to meet the latest and most stringent environmental regulations.

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Global Formulation Additives Market research report identifies, assesses, and analyses the up-and-coming trends along with major drivers, restraints, challenges and opportunities in the market for Chemical and Materials industry. The report contains estimations of CAGR values, market drivers and market restraints about the Chemical and Materials industry which are helpful for businesses in deciding upon numerous strategies.

Market Analysis: Global Formulation Additives Market

Global Formulation Additives Market is expected to reach USD 31.52 billion by 2025, from USD 19.5 billion in 2017 growing at a CAGR of 6.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Definition: Global Formulation Additives Market

Formulation additives are the substances that are added in small quantities to formulations, including coatings, adhesives, and others, to improve or modify one or more properties. The objective of using these formulation additives is to enhance the performance and improve the processing characteristics and properties of materials.

Formulation additives are also used to enhance the building structures and reduce the need for maintenance. In May 2018, Cabot Corporation released a report to expand global carbon black capacity by over 300,000 metric tons from 1400,000 metric tons to serve the growing needs of customers worldwide with the industry-leading carbon black products.

The new capacity will serve the increasing carbon black demand in Southeast Asia, which is growing at four to five percent per year due to which the market is expected to grow tremendously.

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Key Market Competitors: Global Formulation Additives Market

The key players operating in the global formulation additives market are –

• BASF SE
• Eastman Chemical Company
• Cabot Corporation
• Allnex group
• Copyright MÜNZING Corporation
• Arkema

The other players in the market are

• Altana,
• Evonik Industries,
• Honeywell International Inc.,
• Momentive,
• Lanxess,
• Cytec Solvay Group,
• Akzo Nobel N.V.,
• Lehmann&Voss&Co.,
• Huntsman International LLC,
• Elementis plc,
• michelman, inc,
• AFCONA Additives Sdn Bhd,
• King Industries, Inc,
• Borchers,
• ISCA UK Ltd.,
• San Nopco Limited,
• Harmony Additive Pvt. Ltd,
• Patcham(FZC).

Market Drivers:

• The increasing population and rapid urbanization in the upcoming economies
• The increasing demand of end-use industries

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Segmentation: Global Formulation Additives Market

By Type

• Rheology Modifiers
• Defoamers
• Dispersing Agents
• Others

By End-Use Industry

• Construction
• Transportation
• Furniture & Flooring
• Food & Beverage
• Industrial and Oil & Gas
• Pharmaceuticals
• Cosmetics
• Printing

By Geography

• Asia Pacific
o China
o South Korea
o Japan
o India
o Australia
o Singapore
o Thailand
o Indonesia
o Malaysia
o Philippines
o Rest of Asia-Pacific

• North America

o US
o Canada
o Mexico

• Europe

o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Spain
o France
o Germany
o Italy
o UK
o Rest of Europe

• South America

o Brazil
o Rest of south America
• Middle East & Africa
o Saudi Africa
o Rest of MEA

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Key Insights in the report:

• Historical and current market size and projection up to 2025
• Market trends impacting the growth of the global formulation additives market
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis

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This release was published on openPR.