Low-VOC Coating Additive Market is Expected to Grow at a CAGR of over 5.78% | During 2022-2028 | Vantage Market Research

Low-VOC Coating Additive Market by type (Rheology modifiers, Dispersants, Defoamer, Wetting agent), by technology: (Water Borne, Powder-based, High Solids, Radiation Cure), by application (Architectural Coatings, Automotive Coatings, Industrial Coatings, Wood Coatings), by Region (North America, Europe, Asia Pacific, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)

According to Vantage market research the Global Low-VOC Coating Additive Market is valued at USD 5.7 Billion in 2021 and estimated to reach a value of USD 8.46 Billion by 2028 at a CAGR of 5.78% during the forecast period, 2022-2028.

Key Findings and Insights from the report:

• The report presents the estimated CAGR of 5.78% size of the Low-VOC Coating Additive Market at the end of the forecast period.
• The Global Low-VOC Coating Additive market is predicted to reach a value of USD 8.46 Billion by 2028.
• The report includes an overview of the market, the financial performance of key players its segmentation, its geographical scope.
• The report provides a detailed evaluation of the market by highlighting information on various aspects which include restraints, drivers, opportunities, and threats.
• Insight also covers the price, production, share, and growth rate of these top manufacturers and examines the competitive scenario for a better understanding of the market synopsis.

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There are several factors that will drive the demand for antimicrobial coating systems. The first is that the aerospace industry is aiming to make its own/aircraft manufacturing facility clean rooms 1,000 times cleaner than ISO 9 (Class 10,000). This would mean that any contamination brought into these areas by workers, materials or equipment should be minimized.
Another factor that will contribute to the development of antimicrobial coatings in aerospace applications is upcoming changes to defense budget allocation, particularly with regard to future fighter aircraft programmes. For example, defense spending may shift toward space exploration and unmanned aerial vehicle technology while reducing investment on traditional manned aircraft projects. As a result, operations in military airplane production facilities can be reduced thereby reducing the demand for new metal parts from suppliers.

Market Segmentation:

By Type:
• Rheology modifiers
• Dispersants
• Defoamer
• Wetting agent
• Others

By Application:

• Architectural Coatings
• Automotive Coatings
• Industrial Coatings
• Wood Coatings
• Packaging Coatings
• Product Finishes Coatings

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COVID-19 Impact Analysis of Low-VOC Coating Additive Market:

When the Covid-19 pandemic began in China last year, it sent shock waves to countries around the world. And as the number of cases continued to rise, it forced governments around the world to take serious action such as border seals, lockdowns and enforce strict social distancing measures to avert imminent catastrophe. These actions had a dramatic effect on the economy, as industrialists around the world were forced to halt their production, leading to supply chain disruptions and the loss of various industries. Thus, a fall in the global markets.

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The Low-VOC Coating Additive market regional level analysis:
• Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
• Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
• North America (United States, Canada and Mexico)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
• South America (Brazil, Argentina, Colombia, and Rest of South America)

List of Leading Players in the Global Low-VOC Coating Additive Market:

• Air products (U.S.)
• Alatana AG (Germany)
• Eastman Chemical Company (U.S.)
• BASF SE (Germany)
• Huntsman Corporation (U.S.)
• Elementis PLC (U.K.)
• Dow (U.S.)
• Om Group Inc. (U.S.)
• Dupont (U.S.)
• Allnex (Belgium).

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Reason for buying this Low-VOC Coating Additive market Report:

• The report highlights the macroeconomic forces that are affecting the strategies and policies in the market.
• Report provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
• It provides a six-year forecast assessed on the basis of how the market is predicted to grow
• The report provides market leading players with facts and insights on the Low-VOC Coating Additive market.
• It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of industry segments.
• Disruption and uncertainties in the industry are studied in the report.
• It provides the key product segments and their future.
• The report identifies bottlenecks and problems associated with businesses operating in the Low-VOC Coating Additive market and provides possible solutions to those problems.

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