The South American Wetting and Dispersion Coating Additives Market is Estimated to Reach $186.4 Million by 2018 - New Report by MicroMarket Monitor
(PRWEB) September 29, 2014 -- The South American Wetting and Dispersion Coating Additives Market is estimated to reach $186.4 million by 2018, at a CAGR of 6.1% from 2013 to 2018, due to the increasing demand from the end-user industries
Browse through the TOC of the South American 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 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 decreasing 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 in various regions.
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The region represents opportunity for coating additives industry owing to its growing construction, automotive paints, and chemical industry. The countries in this region include Brazil and Argentina, where in Brazil is the dominating country in the market. The economy of the region saw a downturn during the financial crisis, and therefore the suppliers, the end-users suffered a setback between 2011 and 2012. However, as of 2014, the economy has recovered on a large scale, and hence growth is witnessed in automotive paints, industrial application, and construction industry and therefore these industries would drive the market growth for wetting and dispersion coating additives market.
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The report covers the South American wetting and dispersion coating additives market which is segmented on the basis of application and geography. The market segmented in term of applications covers automotive paints, bedding & furniture, construction, industrial applications, and other applications.
Related Reports:
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.
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.
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