The North American impact modification coating additives market is expected to reach $152.4 billion by the end of 2018 – A Report by MicroMarket Monitor

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The U.S. recorded the largest share of approximately 78% in the North American impact modification coating additives market. This growth is driven by end-user markets where these coating additives are extensively being used owing to their efficient and lithe properties http://www.micromarketmonitor.com/market/north-america-impact-modification-coating-additives-2275278727.html

MicroMarket Monitor

MicroMarket Monitor

Key Players in the North American impact modification coating additives market are ASHLAND INC., NASF SE, DOW CHEMICAL COMPANY, ARKEMA, AKZONOBEL N.V., EVONIK, ASAHI KASEI, DAIKIN and RHODIA SA

Impact modification coating additives can also be tailored to suit the specific requirements of end-user industries such as advanced chemical and thermal resistance in demanding environments, good weathering properties, etc. These superior abilities of additives make them suitable for use in a wide range of applications in industries such as automotive, construction, chemical processing, house ware, medical, etc.

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The North American impact modification coating additives market was valued at $107.2 million in 2013, which is expected to grow at a CAGR of 7.3% annually, to reach $152.4 billion by the end of 2018.
This market constitutes 28.4% of the global impact modification coating additives market that is poised to grow its market share to 28.3% by the end of 2018.

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The U.S. recorded the largest revenue in 2013 with $84.1 million that is estimated to reach $117.1 million by 2018 at a CAGR of 6.8% for the period under consideration in the North America impact modification coating additives market. Construction recorded the largest revenue in 2013 with $35.9 million and it is estimated to reach $50.5 million by 2018 at a CAGR of 7.1% for the period under consideration.

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The demand for environment friendly products, in particular in the developed regions, has witnessed a massive escalation in the past few years (also driven by environmental regulations), which makes these coating additives viable in most of the sectors, where they are being used due to highly efficient properties in the North American region.

The key countries covered in the North American impact modification coating additives market are the U.S., Canada, and Mexico. Various applications include construction, bedding & furniture, industrial applications, automotive paints, and other applications.

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South America Coating Additives Market

The South America Coating Additives market is witnessing a high growth due to the strengthening of construction, automotive, and industrial sectors in the region. The report estimates the size of the Coating Additives market both in terms of volume and value. The report provides a comprehensive overview of the key market drivers, challenges and issues. South America Coating Additives Market is estimated to reach $666 million by 2018, growing at a CAGR of 5.9% from 2013 to 2018. The key driver of the market is the strong and growing economy of the region.

The report “South America Coating Additives Market” defines and segments the Coating Additives market in the region with analyses and projections of the size of the South America Coating Additives Market with respect to volume (KT) and value ($million).

http://www.micromarketmonitor.com/market/south-america-coating-additives-6573477434.html

About MicroMarket Monitor :

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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