Waterborne coating additives are chemical components that are added to water-based coatings to improve their performance and properties. These additives are used to enhance the properties of waterborne coatings such as adhesion, durability, stability, and resistance to abrasion, chemicals, and weathering. The global waterborne coating additives market is expected to grow in the coming years due to the increasing demand for eco-friendly coatings that have low levels of volatile organic compounds (VOCs) and hazardous air pollutants (HAPs). Additionally, the growing awareness of the benefits of waterborne coatings over solvent-based coatings, such as reduced environmental impact and improved safety for workers, is expected to drive market growth.
Some of the major players in the waterborne coating additives market include BASF SE, Dow Chemical Company, AkzoNobel NV, Clariant AG, and Evonik Industries AG, among others. These companies offer a range of waterborne coating additives, including wetting agents, dispersants, defoamers, rheology modifiers, and biocides, among others. Waterborne coating additives are used in a wide range of applications, including architectural coatings, automotive coatings, industrial coatings, and wood coatings, among others. In the architectural coatings segment, waterborne coating additives are used in the production of paints and coatings for use in homes, offices, and other buildings. In the automotive coatings segment, waterborne coating additives are used in the production of coatings for cars, trucks, and other vehicles.
Overall, the waterborne coating additives market is expected to continue to grow as the demand for eco-friendly coatings increases and as technology continues to advance in the field of waterborne coating additives, enabling the development of new and improved additives with better performance and properties.
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Key findings of the Coating Additives market study:
- The report provides a present market outlook on Coating Additives. Additionally, the Coating Additives market share is anticipated to grow with a CAGR of 4.5% in the forecast period.
- Regional breakdown of the Coating Additives market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Coating Additives vendors in detail.
- Region-wise and country-wise fragmentation of the Coating Additives market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Coating Additives market.
- Coating Additives price, market share, and Trends forecast for assessment period 2021-2031
Key Segments in Coating Additives Industry Research
· Product
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- Acrylic-based Coating Additives
- Urethane Coating Additives
- Metallic Coating Additives
- Fluoropolymer Coating Additives
· Function
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- Rheology Modifiers
- Dispersants
- Foam Control
- Slip/Rub
- Wetting Agents
- Others
- Anti-Foaming Coating Additives
- Defoaming Coating Additives
· Formulation
-
- Waterborne Coating Additives
- Solvent-based Coating Additives
- Powder Coating Additives
- High Solids Coating Additives
- UV Cure Coating Additives
- Others
- Radiation Curable Coatings
- Solvent-borne Coatings
- Solvent Less Coatings
· Application
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- Architectural Coating Additives
- Automotive Coating Additives
- Wood & Furniture Coating Additives
- Industrial Coating Additives
Competitive Landscape
The Coating Additives industry is dominated by some prominent players including
- Eastman Chemical Company
- Arkema SA
- ANGUS Chemical Company
- BASF SE
- Ashland Inc.
- Evonik Industries AG
- Lonza Group Ltd.
- Momentive Performance Materials Inc.
- The Valspar Corporation
- Daikin Industries Ltd.
- Rhodia SA
- Lubrizol Corporation
- ICL Advanced Additives
- Kamin LLC
- Kenrich Petrochemicals, Inc.
- King Industries, Inc.
- Michelman, Inc.
- Cabot Corporation
The competition in the sector is driven by key parameters such as product price, targeted customer base, and strategic marketing. Major players in the market focused on the Coating Additives market innovation by investing more in research and development. Furthermore, the industry players are focusing on the extensive usage of online distribution channels for enhanced cost-effectiveness. The sustainability in the supply chain is a decisive factor for Coating Additives brands leading to an impact on the margin profits of firms.
Report Benefits & Key Questions Answered
- Coating Additives Company & brand share analysis: Company and brand share analysis on Coating Additives reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
- Coating Additives Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Coating Additives
- Coating Additives Category & segment level analysis: Fact.MR’s Coating Additives sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
- Coating Additives Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
- Post COVID consumer spending on Coating Additives: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
- Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments
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