Key Players in North America Wetting and Dispersion Coating Additives Market are Arkema, Dow Chemical, BASF, and AkzoNobel.
(PRWEB) September 28, 2014
The North America Wetting and Dispersion Coating Additives Market report defines and segments the wetting and dispersion coating additives market in North America with analysis and forecast of revenue.
Browse through the TOC of the North America Wetting and Dispersion Coating Additives Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North America wetting and dispersion 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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North America has traditionally been a strong market for coating additives. Globally, the North American market has been a leader with respect to product innovation, in terms of quality and application development. The region is characterized by strict environmental regulations regarding the base of the formulations. The market is currently dominated by wetting and dispersion coating additives for solvent-borne formulations, but the share for additives suitable for environment-friendly coatings is also increasing with significant growth rate. In 2013, U.S. was the market leader with respect to high consumption, and has remained the largest consumer of coating additives at the global level. As the economy of major countries in the region has strengthened, increase in demand is expected for wetting and dispersion coating additives market.
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The report covers the North American wetting and dispersion coating additives market which is segmented on the basis of application and geography. In the North American region, the wetting and dispersion 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.
Asia Pacific Wetting & Dispersion Coating Additives market is segmented on the basis of applications and geographies.
Europe Wetting & Dispersion Coating Additives Market
The Europe wetting & dispersion coating additives market has been pegged at $236.65 million in the year 2013 growing at 3.0% and it is projected to reach $274.99 million by the end of 2018.
Europe wetting & dispersion coating additives market constitutes 19.0% of the global market and it is poised to reduce its market share to 15.8% by the end of 2018.
Europe wetting & dispersion coating additives market is segmented on basis of applications and geographies.
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