The European Rheology Modification Coating Additives Market is Expected to Reach $529.75 Million by 2018 - A Report by MicroMarket Monitor

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In the European rheology modification coating additives market, Germany recorded the largest revenue in 2013 with $87.35 million, which is estimated to reach $96.15 million by 2018 at a CAGR of 1.9%, followed by Italy and France http://www.micromarketmonitor.com/market/europe-rheology-modification-coating-additives-9035461482.html

MicroMarket Monitor

MicroMarket Monitor

Key Players in the European rheology modification coating additives market are BYK CHEMIE GMBH, NASF SE, DOW CHEMICAL COMPANY, ARKEMA, AKZONOBEL N.V., EVONIK

The European rheology modification coating additives market was valued at $478.12 million in 2013, which is expected to grow at a CAGR of 2.1% annually, to reach $529.75 million by the end of 2018.
http://www.micromarketmonitor.com/market/europe-rheology-modification-coating-additives-9035461482.html

The functions of rheology modification coating additives include the modification of the rheological properties of the coating such as viscosity, surface tension, sagging, film thickness, etc. It is essential to control these properties, because the performance of the coatings depends on these. These superior abilities of rheology modification coating additives make them suitable for use in a wide range of applications such as in industries, bedding and furniture, construction industries, automotive paints, and so on.

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The European region remained under the prolonged effect of the recession between 2008 and 2009, affecting its economic stability, and subsequently the demand of many goods and services. This caused a decline in the growth of various industries such as automotives, building and construction, chemical, luxury goods, etc. This effect has been seen in the past two years, which decreased the annual growth in the demand for additives. The European market for coating additives is a fragmented market with countries having a share in the demand within a competitive range. Germany, however, with almost 18% of the regional share, emerged as the major market in 2013. The U.K. is the largest market in terms of growth rate amongst all the countries in the region with a CAGR of 2.5% in the period under consideration.

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However, the governments of the countries are taking numerous measures to increase the revenue in various sectors. For instance, France is providing incentives to the new automotive customers. Similarly, the U.K. is planning to implement some packages for the chemical industry. In between the decreasing output from the conventional industries, the furniture industry of the region has displayed better performance. In the coming years, the turbulence in the regional economy is expected to reduce, which would ultimately support the demand for coating additives.

The key countries covered in the European rheology modification coating additives market are Germany, Italy, France, the U.K., and others. Various applications include construction, bedding & furniture, industrial applications, automotive paints, and other applications.

Related Reports :
Global Fluoropolymers Coating Additives Market

Fluoropolymers reduce water resistance, electrical insulation, and ease of mechanical manipulation, all of which are desired characteristics in a variety of applications.

The global fluoropolymer coating additives market was valued at $1,082.35 million in 2013 and is expected to reach to $1,703.02 million by 2018, at a CAGR of 7.8% from 2013 to 2018. This growth is driven by the end-user sectors such as bedding & furniture and construction, where coating additives are extensively used owing to their ability to visually and chemically improve the performance of the coating.

http://www.micromarketmonitor.com/market-report/fluoropolymers-coating-additives-reports-4676111510.html

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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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