The Middle East Wetting & Dispersion Coating Additives Market is Expected to Reach $109.04 million in 2018 - A Report by MicroMarket Monitor
(PRWEB) January 05, 2015 -- The Middle East Wetting & Dispersion Coating Additives Market is expected to reach $109.04 million by 2018, at a CAGR of 9.1% from 2013 to 2018, due to the increasing demand of eco-friendly coating additives across various end-user applications.
Browse through the TOC of Middle East Wetting & Dispersion Coating Additives Market for an analysis of industry trends, segments & forecasts.
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Coating additives are used in smaller quantities in most of the paint formulations, whether it is solvent-borne, or water-borne, or powder-based. Different additives may have common functions; however, their purpose of application makes them distinct. Additives constitute an average of 0.1%-5.0% of a formulation’s concentration, which controls varied properties including rheology, slip & rub, wetting & dispersing, and foam reduction among others, thereby making it an essential component of the formulation.
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Wetting & dispersing is yet another important function of the additives. It increases the percentage of solid loading in the formulation, along with enriching its surface appearance. An essential functionality of coating additives is to prevent the formation of foams, which in turn, stimulates the demand of anti-foam property. This anti-foam ability is explicitly present in the wetting & dispersing coating additives, which complements its overall adoption across varied industry verticals.
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Saudi Arabia is the most dominant country in Middle East region, which has registered a market share of 62% in the region’s overall market demand for wetting & dispersion coating additives, followed by Qatar and UAE, with 10.0% and 9.0% market shares, respectively. This growth is mainly attributed to the recent expansion of the construction industry that has been triggered by the increasing population among varied countries in the Middle Eastern region.
With huge amounts of investments made in the construction industries, it has become the most lucrative sector for the coating additives market. The wetting & dispersion coating additives market is primarily segmented by geography and application. In-depth insights on market share, value chain analysis, and market metrics including drivers, restraints, challenges, and opportunities are discussed in this report.
Related Reports:
South America Coating Additives
The South American Coating Additives market is segmented based on Ingredients, Applications, Companies, and Functions. The Ingredients segment of this market includes Metallic Compounds, Polyacrylamide, Ingredients (Others), and Polyurethane Coating. The Applications segment includes Industrial Applications, Bedding & Furniture, Construction and Automotive Paints. The Companies segment includes Arkema S.A., Ashland Inc, BASF SE , Cytec Industries Inc., Dow Chemical and Eastman Chemical Company.
http://www.micromarketmonitor.com/market/south-america-coating-additives-6573477434.html
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