Key Players in the Europe Solvent Borne Coating and Additives Market are Ashland Inc., NASF Se, Dow Chemical Company, Arkema, Akzonobel N.V., Evonik, Asahi Kasei, Daikin and Rhodia SA.
(PRWEB) January 07, 2015
Solvent Borne Coating additives are used in paints and coating and are required by large number of industries and used largely in painting metallic surface. Germany recorded the highest revenue and is poised to grow at a CAGR of 2.4% from 2013 – 2018.
Browse through the TOC of Europe Solvent Borne Coating and Additives Market for an analysis of industry trends, segments & forecasts.
Solvent Borne Coating additives are the key additives that increase wetting, prevent catering and increase surface slip. The market growth in this region is driven by the end-user markets where coating additives are used extensively owing to their ability to visually and chemically improve the performance of the coating.
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Europe Solvent borne coating and additives recorded the revenue of $704.32 million in 2013 and is poised to reach the revenue of $792.55 million by 2018.
Construction sector recorded the largest revenue of $234.18 million in 2013 and is estimated to reach $260.51 million by 2018 at a CAGR of 2.2% for the period under consideration. Bedding & Furniture sector leads the solvent market in terms of growth rate, bagging the highest CAGR of 2.7% for the period 2013-2018.
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United Kingdom has the highest growth rate of 2.8% for the period 2013-2018. Germany recorded the largest revenue of $128.68 million in the year 2013 followed by Italy.
This market covers applications such as construction, bedding & furniture, industrial applications, automotive paints and other applications. The major countries contributing to this region are United Kingdom, France, Germany and Italy.
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