This growth is driven by the end-user segments where they are being used extensively owing to their ability to improve the performance of the coating chemically, and make it visually appealing. Coating additives contribute towards the improvement of factors that affect the performance of coatings; the factors would include wetting, dispersing, protection from biocides, foaming, slip & rub, etc. They can also be tailored to suit the specific requirements of end-user industries such as advanced chemical and thermal resistance in extreme environments, good anti-weathering properties, etc. These superior properties of additives make them suitable for use in a wide range of applications in industries such as automotive, construction, chemical processing, houseware, medical, etc. This study estimates and projects the global market trend of coating additives up until the end of 2018. Asia-Pacific is the most dominant market for these additives, owing to large and growing demand from China and growing construction industry. Coatings are also available in powder form which is best suited for application where the substrate is able to withstand curing temperature which is more than 125 C. Acrylic and urethane-based additives are the fastest growing product types in these applications. Growing construction activity, automotive, industrial developments, and furniture are expected to help this market. Asia-Pacific is expected to be the largest market for these additives where growth is driven by key countries such as China, Japan, and India. This market research study provides detailed qualitative and quantitative analysis of the global coating additives market. The report provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, and challenges in the market. The market is further segmented and forecasted for major regions that include North America, Europe, Asia-Pacific, South America, and Rest of the World. Competitive scenario and market share of the top players in the market has been discussed in detail. The top players of the industry are profiled in detail with their recent developments and other strategic industry activities. Coating additives market has also been segmented on the basis of product types where major product types such as acrylic, urethane, metallic and fluoropolymer-based additives have been discussed in detail; a comprehensive view and forecast is provided for each category with the market volume and revenue. The market has been further segmented on the basis of application, function, and formulation. The major applications for these additives fall under the automotive, architecture, industrial, and wood & furniture sectors; these have been discussed in detail in the report. Functions of the additives include rheology modification, anti-foaming, biocidic, impact modification, etc. For formulations, the market for additives used in water, solvent, and powder-based coating has been discussed. The market share for major market participants has also been discussed. We have used various secondary sources such as companies’ annual reports, directories, and databases to identify and collect information that is useful for this extensive commercial study of coating additives. The primary sources such as experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of additives. We have also profiled leading players of this industry with their recent developments and other strategic industry activities. Key participants in the global coating additives market include BYK-Chemie (Germany), BASF (Germany), Dow Chemical (U.S.), AkzoNobel (The Netherlands), Evonik (Germany), Eastman Chemical (U.S.), etc. Scope of the report This market research report categorizes the global market on the basis of application, product type, formulation, function and geography; estimating volume and revenue, and analyzing trends in each of the submarkets: On the basis of applications: Automotive Architecture The industrial sector Wood & Furniture Other applications On the basis of product type: Acrylic Urethane Metallic Fluoropolymers Others On the basis of geography: North America Europe Asia-Pacific South America ROW. On the basis of function: Rheology modification Biocidic Anti-foaming Wetting & dispersing Impact modification Others On the basis of formulation: Solvent-borne Water-borne Powder coating Table of Contents : 1 INTRODUCTION 21 1.1 KEY TAKE-AWAYS 21 1.2 REPORT DESCRIPTION 21 1.3 STAKE HOLDERS 22 1.4 RESEARCH METHODOLOGY 22 1.4.1 MARKET SIZE 23 1.4.2 KEY DATA POINTS TAKEN FROM SECONDARY SOURCES 23 1.4.3 KEY DATA POINTS TAKEN FROM PRIMARY SOURCES 24 1.4.4 ASSUMPTIONS MADE FOR THIS REPORT 24 1.4.5 MAJOR SECONDARY SOURCES USED 24 1.5 KEY QUESTIONS ANSWERED 25 2 EXECUTIVE SUMMARY 26 3 PREMIUM INSIGHTS 28 3.1 ARCHITECTURE APPLICATION LEADING THE MARKET 28 3.1.1 COATING ADDITIVES MARKET: DRIVEN BY ASIA-PACIFIC 29 3.1.2 U.S.: THE LARGEST COATING ADDITIVES MARKET IN 2012 30 3.1.3 ASIA-PACIFIC: BEST MARKET TO INVEST IN 31 3.1.4 STRATEGIC ANALYSIS: MAJOR PLAYERS 32 4 MARKET OVERVIEW 33 4.1 INTRODUCTION 34 4.2 VALUE CHAIN ANALYSIS 36 4.2.1 RAW MATERIAL SUPPLIERS 36 4.2.2 MANUFACTURERS 37 4.2.3 FORMULATORS 38 4.2.4 DISTRIBUTORS 38 4.2.5 END-USE APPLICATION OF COATING ADDITIVES 39 4.3 MARKET DYNAMICS 39 4.3.1 DRIVERS 40 4.3.1.1 Asia-Pacific driving the growth 41 4.3.1.2 Increasing demand for environment-friendly products 41 4.3.2 RESTRAINTS 42 4.3.2.1 Restraints faced by the paint and coating industries 42 4.3.2.2 Stringent environmental regulations 43 4.3.3 OPPORTUNITY 44 4.3.3.1 Development of multifunctional and environment-friendly additives 44 4.4 BURNING ISSUES 45 4.5 WINNING IMPERATIVES 45 4.6 PORTER’S FIVE FORCE ANALYSIS 47 4.6.1 SUPPLIERS’ POWER 48 4.6.2 THREAT OF SUBSTITUTES 48 4.6.3 THREAT OF NEW ENTRANTS 49 4.6.4 BUYERS’ POWER 49 4.6.5 DEGREE OF COMPETITION 50 4.7 MARKET SHARE ANALYSIS 50 5 GLOBAL COATING ADDITIVES MARKET, BY GEOGRAPHY 53 5.1 INTRODUCTION 54 5.2 GLOBAL COATING ADDITIVES MARKET 54 5.2.1 ASIA-PACIFIC TO LEAD GLOBAL COATING ADDITIVES MARKET 55 5.2.2 ASIA-PACIFIC 58 5.2.2.1 China: The largest market for coating additives 58 5.2.2.2 Acrylic-based additives in demand 62 5.2.2.3 Maximum market size for architectural application 64 5.2.2.4 Tough competition between biocidic and wetting & dispersing function markets 66 5.2.2.5 Solvent-borne formulation: Still dominating the market 68 5.2.3 NORTH AMERICA 70 5.2.3.1 U.S.: Largest market for coating additives 70 5.2.3.2 Competitive market size for fluoropolymer coating additives 73 5.2.3.3 Slow growth in architecture application 75 5.2.3.4 Rheology modification: High volume and value 77 5.2.3.5 Additives for water-borne formulations: Would be top gainer 79 5.2.4 EUROPE 81 5.2.4.1 Germany: Major market in the region 81 5.2.4.2 Large base for acrylic-based coating additives 84 5.2.4.3 Architecture sector: Slow growth anticipated for additives 86 5.2.4.4 Wetting & Dispersing: Above average growth rate 88 5.2.4.5 Opportunity for water-borne and powder coating additives 90 5.2.5 SOUTH AMERICA 92 5.2.5.1 Brazil: Principal consumer for coating additives 92 5.2.5.2 Competitive market for most of the additives types 95 5.2.5.3 Wood & Furniture: Among the fastest growing applications 97 5.2.5.4 Anti-foaming: Among fastest expanding markets 99 5.2.5.5 Growing concern for environment-friendly products 101 5.2.6 REST OF WORLD 102 5.2.6.1 Saudi Arabia: Maximum share in the additives market 102 5.2.6.2 Acrylic-based additives: Largest market in the region 105 5.2.6.3 Architecture application booming 107 5.2.6.4 Growing market size for rheology modification 109 5.2.6.5 More focus on VOC-free coating additives market 111 Author of Bio:I am working with a market research company which provides market research reports , custom research, company profiles, industry analysis, country reports , business reports, online databases and the report on Coating Additives Market by Function etc. Through our industry analysis you can identify opportunities, analyze the requirements of the customers and study the competition sector wise.
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