Key Players in the European waterborne coating additives market are Arkema S.A., BASF SA, Ashland Inc., Cytec Industries Inc., Eastman Chemical Company, Dow Chemical Company.
(PRWEB) January 23, 2015
The European waterborne coating additives market report defines and segments the waterborne coating additives market with an analysis and forecast of the revenue.
With an increasing ecological risk of the solvents, the demand for water-borne coating systems is increasing. In water-borne systems, water is not only used as a solvent, but is also used to make resin emulsion. Water, being an un-restricted solvent in the region, is expected to drive the demand for water-borne systems in the near future.
The demand for solvent-borne coating additives was estimated to occupy a major share in the global coating additives market. However, with the growing concerns for environment-friendly products, the pattern to increase the demand is shifting towards water-borne coatings.
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The formulation of these coatings is governed by certain regulations that focus on the development of sustainable environment by reducing or eliminating VOC and APEO content in the coating formulations. Organizations such as REACH and EEB are working towards the development of directives that control the VOC in paints and varnishes.
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Significant amounts of investments and expansions are made by various leading market players to serve the end-user applications industries in future. Thus, the major players in the regions such as BYK-Chemie (Germany), BASF (Germany), Arkema (France), Evonik (Germany), and Elementis (U.K.) are launching new additives that reduce the need for VOC in paint formulations.
South America Impact Modification Coating Additives Market
Impact modification Coating additives are the key additives increasing flexibility and impact strength to meet physical property requirements of rigid parts. These materials are witnessing growth in its market demand. This growth is driven by the end-user markets where coating additives are extensively being used owing to their ability to visually and chemically improve the performance of the coating. Impact modifiers or additives contributes towards the improvement of factors that affect the performance of coatings such as wetting, dispersing, protection from microbes, foaming, slip & rub, etc.
South America Impact Modification Coating Additives market was valued at $30.9 million in the year 2013 growing at 6.6% annually and is projected to reach $42.6 million by the end of the year 2018.
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