Asia-Pacific Wetting & Dispersion Coating Additives Market is Expected to Reach $1,049.51 Million in 2018 - A Report by MicroMarket Monitor
(PRWEB) January 05, 2015 -- Coating additives are being used in paints and coatings, and are adopted across varied industry verticals, such as automotive, chemical, and building and construction among others. Thus, the growth of this industry depends on various economic factors, such as GDP growth, employment rate, and standard of living.
Browse through the TOC of Asia-Pacific Wetting & Dispersion Coating Additives Market for an analysis of industry trends and segments, with help of various tables and figures.
Wetting & dispersion coating additives contributes to various forms of paints and coatings, which is majorly used in the production of surface coating. Wetting & dispersion coating additives helps to develop gloss, and delivers strength to paints.
The Asia-Pacific wetting & dispersion coating additives market contributes to a market share of around 40%, and is expected to expand its share up to 43%. The growth of wetting & dispersing additives are mainly driven by the need to wet the substrate for better leveling, and allow dispersing of pigments to provide better appearance. Formulations with high solid content increase the need for dispersants. Thus, better color and surface appearance are the driving force behind the growth of the wetting & dispersing coating additives.
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Asia Pacific wetting and dispersion coating additives market is segmented by geography and application. Construction is one of the most significant applications of coating additives, which occupies the largest market share of nearly 34% in the Asia Pacific wetting and dispersion coating additive market. With population expansion in varied Asia-Pacific countries, there is a steady rise observed in the building and construction sector of this region, which has further triggered the growth in the wetting & dispersion coating additives.
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This market research study offers a comprehensive analysis of market share, value chain analysis, and varied market metrics, including drivers, restraints, and opportunities of the wetting & dispersing coating additives market in the Asia-Pacific region.
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