Thursday 17 November 2016, Amsterdam
The Report, now available on ASDReports, “Global Rheology Modification Coating Additives Market By Application (Construction, Industrial Application, Bedding & Furniture, Automotive Paint, Others), By Geography - Analysis & Forecast to 2019” is estimated to reach $2.5 billion by 2019, growing at a CAGR of 6.1% from 2014 to 2019.
This report analyzes the Global Rheology Modification Coating Additives Market with respect to its market drivers and inhibitors, opportunities, and trends in different regions.
These rheology modification coating additives are specially engineered and developed materials. They contribute towards the improvement of factors that affect the performance of these coatings, such as wetting & dispersing, protection from microbes, foaming, slip & rub, and so on. These additives are extensively used owing to their ability to visually and chemically improve performance. Asia-Pacific is expected to dominate this market, due to the growing demand from the end-user industries. The North America and Asia-Pacific rheology modification coating additives markets are expected to witness significant growth in the coming years, with the allied industries expected to stabilize the overall business needs.
Expansions and new product launches are the major strategies adopted by the key players of this market. The manufacturing companies, associations, and end-product manufacturers have made high investments for advancements of rheology modification coating additives to meet the rising demand from various end-user industries. The demand for the rheology modification coating additives is at its peak in the Asia-Pacific region. With the presence of the world’s two fast-growing economies, which are China and India, supported by the economies of Thailand, South Korea, and Malaysia, the demand of these additives in the overall market is expected to be driven by the economic developments in these countries.
The key players in the global rheology modification coating additives market are BASF SE (Germany), Arkema (France), the Dow Chemical Company (U.S.), Eastman Chemical Company (U.S.), and Akzo Nobel (Netherlands).
The growing rheology modification coating additives demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, expansions, agreements, and mergers & acquisitions of the leading global companies.
ASDReports.com contact: S. Koomen
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