The global coating additives market is forecast to reach a value of USD 9.19 billion by 2021.
Acrylic coating additives will lead the demand among different coating additives types. The major types of acrylate-based additives include polyacrylates, vinyl acrylates, acrylamide, and others. The demand is expected to grow due to increasing use of acrylics in decorative paints in commercial & residential buildings. Fluoropolymers being very expensive will generate less demand.
Asia-Pacific is projected to be the largest and the fastest-growing coating additives market, globally. This is mainly attributed to high economic growth rate, followed by heavy investment in the end-use industries such as automotive, infrastructure, and others. The European and North American markets are already technology driven and provide less scope for high growth.
Asia-Pacificregion is expected to dominate the demand for automobile manufacturers due to continuous rise in vehicle sales. Foreign companies are investing and bringing the latest technology to Asia-Pacific due to large scope for growth and presence of various untapped markets in this region.
Breakdown of profile of primary interviews for the report:
- By Company Type - Tier 1 - 30%, Tier 2 - 43%, and Tier 3 - 27%
- By Designation - C Level - 21%, Director Level - 23%, and Others - 56%
- By Region - North America - 37%, Europe - 23%, Asia-Pacific - 26%, and RoW - 14%
Companies Mentioned Include:
- AkzoNobel N.V.
- Angus Chemical Company
- Arkema SA
- Ashland Inc.
- BASF SE
- BYK-Chemie GmbH
- Buckman Laboratories International, Inc.
- Cabot Corp.
- Eastman Chemical Company
- Elementis PLC
- Evonik Industries AG
- Fuji Silysia Chemical, Ltd.
- ICL Advanced Additives
- K-Tech (India) Limited
- Kamin LLC
- Kenrich Petrochemicals, Inc.
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Coating Additives Market, By Type
8 Coating Additives Market, By Function
9 Coating Additives Market, By Applications
10 Coating Additives Market, By Formulation
11 Coating Additives Market, By Region
12 Competitive Landscape
13 Company Profiles
For more information visit http://www.researchandmarkets.com/research/p3s9w2/coating_additives
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-and-markets---global-coating-additives-market-value-of-usd-919-billion-by-2021---trends-technologies--opportunities-report-2016-2021---key-vendors-akzonobel-arkema-cabot-corp-300302211.html
SOURCE Research and Markets