Coating Additives Market to Witness Remarkable Growth by 2027Posted by Preet on February 3rd, 2020 Skyrocketing demand from a multitude of industries, ranging from architecture to automotive, is a key factor fuelling coating additives sales. According to the study, growing focus on quality is driving demand for coating additives in manufacturing processes. These insights are according to a latest Fact.MR study that projects a bullish run for coating additives market. According to the study, demand for coating additives is likely to reach 1.3 Mn tons by 2018-end, up from 1.2 Mn tons in 2017. Acrylic Based Coating Retains its Buoyancy Owing to Performance-driven Requirements As per the report, acrylic based coating additives will remain the top-selling product type. The popularity of acrylic based coating additive can be accredited to its competency in enhancing product properties and optimizing production processes. Urethane and fluoropolymer are the other top-selling additive types. Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global coating additives market during the historical period of 2014 – 2018. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2019, and key prospects over the forecast period 2019 – 2027. After reading the coating additives market report, readers get insight into:
The coating additives market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period. Key regions covered comprise:
Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=2427 The evaluation of the competitive landscape in the coating additives market covers the profile of the following top players:
According to the research study, demand for rheology coating additives is likely to reach 449,000 tons in 2018. With the rising demand for low-VOC or VOC-free waterborne coating systems, the rheological additives are witnessing revved up adoption. Dispersant additives trail the former as the second most preferred function type and offering prime opportunities for the market players to take into consideration. The waterborne coating remains the highly sought-after formulation, followed by solvent based coating and powder coating. Waterborne coatings are being increasingly sought on the back of their competency to offer great resistance to heat as well as abrasion. Moreover, architectural coatings maintain their lead as the largest application segment and the booming number of infrastructure-related projects extrapolate the same. Coating Additives Market Remains a Consolidated Landscape The report also indicates that innovative products such as multifunctional additives, silicone based additives, and green coating additives are expected to witness a spike in demand, giving a major boost to the overall growth of coating additives market. According to the research study, product developments and technological innovations remain the key facets boosting the bottom lines of companies operating in the market space. Moreover, moderate pricing and diverse product portfolio are anticipated to be the major factors driving the industry over the foreseeable future. According to the Fact.MR study, the coating additives market remains a consolidated landscape and portrays the reign of leading players with strong product portfolios. The tier 1 players in the coating additives market have been identified to hold approximately 45-50% revenue share and remain highly focused on go-to market strategies aimed for reaching out to the customer segments in a much more efficient manner. In addition to understanding the demand patterns of various end users, the report on the coating additives market also enumerates trends expected to attract investments by other various associated industries. On the basis of product types, the coating additives market report offers insight into major adoption trends for the following segments:
The global coating additives market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study. Some important questions that the coating additives market report tries to answer exhaustively are:
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