FORT WORTH, Texas, June 19, 2015 /PRNewswire/ --
According to the new Market Research Report "Global Metallic Coating Additives Market by Application (Architectural, Industrial, Wood & Furniture, Automotive, Others), by Geography (Asia-Pacific, North America, Europe, South America, Middle East & Africa) - Analysis & Forecast to 2019". The global market size for Metallic Coating Additives Market is estimated to be worth $1.2 Billion by 2019, at a CAGR of 7.0% from 2014 to 2019. This growth is mainly attributed to the overall cyclohexane consumption across varied industry verticals.
Browse through the TOC of Global Metallic Coating Additives Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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Metallic coating additives are ground metal suspended in non-toxic water based acrylic binder. These additives deliver a metallic look to the substrate. They are basically used to protect the substrate from UV rays to prevent damage to the film. Metallic coating additives have several applications that include architectural, industrial, wood & furniture, and automotive among others. They are applied to both metal and non-metal surfaces, such as glass, wood, ceramics, concrete, foam, and resin.
Factors influencing the growth of the global metallic coating additives market are rising demand for eco-friendly products, healthy coating systems, durable coatings with better performance and aesthetics, growing economic development, lower price range of metallic coatings, and higher efficiency in terms of performance.
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The architectural application segment dominates the global metallic coating additives market. It was valued at $286.3 million in 2014, and is projected to reach $398.3 million by 2019, at a CAGR of 6.8% during the forecast period.
In terms of geography, Asia-Pacific has held the maximum share in the global metallic coating additives market. The European metallic coating additive market was valued at $28.3 million in 2014, and is expected to reach $42.5 million by 2019, at a CAGR of 8.5% from 2014 to 2019.
This market research report offers a comprehensive overview of market share and value chain analysis, in addition to varied market metrics, such as drivers, restraints, and upcoming opportunities. In addition to this, it also provides competitive landscapes and company profiles of key players thriving in this market.
Key Players of the Global Metallic Coating Additives Market:
Key companies operating in the global metallic coating additives market include The Dow Chemical Company (U.S.), BASF SE (Germany), BYK Chemie GmbH (Germany), Evonik Industries (Germany), Ashland Inc. (U.S.), Arkema SA (France), Cytec Industries Inc. (U.S.), Eastman Chemical Company (U.S.), Momentive Specialty Chemicals (U.S.), and Rhodia SA (France).
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