Key players in The European Wetting and Dispersion Coating Additives Market are Arkema, Dow Chemical, BASF, and AkzoNobel.
(PRWEB) September 26, 2014
Browse through the TOC of the Europe Wetting and Dispersing Coating Additives Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Europe Wetting and Dispersing Coating Additives market, and is supported by various tables and figures.
Coating additives are specially engineered chemicals, resins, or metal derivatives which help in improving the performance of coatings. Coating additives offer a combination of good chemical resistance, rheology modification, chip resistance and favorable wetting &dispersion properties. The urethane-based coating additives are basically used for stabilization, wetting, dispersion, anti-flooding, and anti-floating. It is also employed for superior color acceptance of tinters. In addition to these, they are also used for UV reflectivity, chip resistance and impact resistance.
The demand for wetting & dispersion coating additives is mainly driven by the increasing need for solid content and reduction of volatile organic compound (VOC) content in the formulation. The increased solid content gives better color acceptance, while reduced VOC content helps in meeting the environmental regulations.
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The European region is the third largest market for wetting and dispersion coating additives after Asia-Pacific and North America. Germany dominates this market, followed by countries such as Italy, France, and U.K. The formulation of the wetting and dispersing coatings is governed by certain regulations which focus on the development of sustainable environment by reducing or eliminating VOC and Alkylphenol ethoxylates (APEO) content in the coating formulations. Organizations such as Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) and European Environmental Bureau (EEB) are working towards the development of directives that controls the VOC in the paints and varnishes. Since the newer formulations of wetting and dispersion coating additives are in conjunction with the environmental regulations imposed by government of different countries, the demand for this market has accelerated.
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The report covers the European wetting and Dispersion coating additives market which is segmented on the basis of application and geography. In the European region, the wetting and dispersing coating additives are applied in automotive paints, bedding & furniture, construction, and Industrial applications.
Asia-Pacific Wetting & Dispersion Coating Additives Market
Asia Pacific Wetting & Dispersion Coating Additives market has been pegged at $505.8 million in the year 2013 and is growing at 8.2% annually and is projected to reach $750.4 million by the end of the year 2018.
Asia Pacific Wetting & Dispersion Coating Additives market constitutes 40.6% of Global Wetting & Dispersion Coating Additives market and is poised to grow its market share to 43.1% by the end of the year 2018.
North America Wetting & Dispersion Coating Additives Market
North American Wetting & Dispersion Coating Additives market has been pegged at $355.72 million in the year 2013 and is growing at 7.20% annually and is projected to reach $503.85 million by the end of the year 2018.
North American Wetting & Dispersion Coating Additives market constitutes 28.5% of Global Wetting & Dispersion Coating Additives market and is expected to hit a market share of 29.0% by the end of the year 2018.
It is segmented on the basis of applications and countries.
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