Building & Construction industry is expected to have the major market share of waterborne coating additives

Building & Construction industry is expected to have the major market share of waterborne coating additives

Pune, India, April 2018 /press release/- Market Research Future Published a Half Cooked Research Report on Global Waterborne Coating Additives Research Report.


Market Scenario


Waterborne coating additives are added to improve the rheological properties of water-based coatings. They serve various functions such as wetting & dispersion, defoaming, surfactant, deaeration, hydrophobic agent, and rheological improver among other. The stringent regulation by E.P.A and REACH against the use of solvent-based coatings, is expected to be the major driver to the growth of the waterborne coating additives market during the forecast period.


Market Segmentation


The global waterborne coating additives market is segmented based on product type, end-use industry, and region.


On the basis of the product type, the global waterborne coating additives market is segmented into wetting agent & dispersing agent, defoamers, surface control additives, deaerators, rheology modifier, hydrophobic agents, and others.  Wetting & dispersion agents market is estimated to be the largest market due to high requirement for dispersing and wetting of resins and pigments in paints & coating industry and is expected to continue dominance over the forecast period. Other product types are also expected to show significant demand due to varied applications in construction, automotive, and, the packaging industry.


On the basis of the end-use industry, the global Water Treatment Chemicals additives market is segmented into building & construction, automotive, packaging, and others. The building and construction industry is expected to have the major market share of waterborne coating additives due to the high consumption of paints & coatings. The automotive industry is also expected to show rising demand over the forecast period due to the strong automotive industry, particularly in Europe and China of Asia Pacific region.


Regional Analysis


The global waterborne coating additives market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific is expected to have the major market share of waterborne coating additives in terms of market size. North America and Europe markets are relatively mature and expected to show steady demand in the forecast period. Middle East and Africa is expected to show rising demand during the forecast period from growing construction industry of Middle East.  Latin America is also expected to join hand with other regions and is expected to show rising demand from construction industry.


Competitive Analysis


Some of the key players of global waterborne coating additives market are Akzo Nobel NV (Netherlands), Allnex group (China), BASF SE (Germany), BELAMI FINE CHEMICALS PVT. LTD.(India), ALTANA (Germany), Evonik Industries AG (Germany), Dow Corning Corporation (U.S.), Falcon Technologies Inc. (U.S.), Harmony Additive Pvt. Ltd. (India), and UL LLC (U.S).

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