Coating additives market are low-level ingredients that possess specific paint properties such as mildew resistance, de-foaming, and good flow and leveling. Pigments, binders, additives and mixtures are the major elements that enhance the functioning of coating thereby, increasing demand in coating additives market.
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Water-borne coating have water as liquefying agents thereby, dissolving the elements for coating. Such coating is used for closed or compact areas and do not cause any harmful emissions. In solvent-borne coating, organic solvents such as polyurethanes and enamels are present in the coati
The major functions of coating additives include anti-foaming, wetting and dispersion, rheology modification, biocidal and impact modification to overcome surface defects and problems that occur during application of paints or post-drying.
Coating additives are used in automotive, industrial, architectural, wood and furniture industries. They are also used in construction paints to improve the impact resistance, viscosity and surface-effectiveness of substrates.
The key trend observed in the market include the development of high quality additives by companies through new technologies and raw material sources.
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The key players operating in the global coating additives market include AkzoNobel N.V., Arkema, Ashland Inc., BASF SE, Atlanta AG, The DOW Chemical Company, Solvay, Evonik Industries AG, Momentive Performance Materials Inc., and Eastman Chemical Company.
Market Segmentation
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