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Coatings additives market forecast with a CAGR of 3.5 percent through 2027

12/6/2018 - Rockville, MD - Skyrocketing demand from a multitude of industries, ranging from architecture to automotive, is a key factor fueling coating additives sales. According to the study, a growing focus on quality is driving demand for coating additives in manufacturing processes. These insights are according to a latest Fact.MR study that projects a bullish run for the coating additives market. According to the study, demand for coating additives is likely to reach 1.3 million tons by the end of 2018, up from 1.2 million tons in 2017. As per the report, acrylic based coating additives will remain the top-selling product type. The popularity of acrylic based coating additives can be accredited to their competency in enhancing product properties and optimizing production processes. Urethane and fluoropolymer are the other top-selling additive types. According to the research study, demand for rheology coating additives is likely to reach 449,000 tons in 2018. With the rising demand for low-VOC or VOC-free waterborne coating systems, the rheological additives are witnessing revved up adoption. Dispersant additives trail the former as the second most preferred function type, and offer prime opportunities for the market players to take into consideration. Waterborne coatings remain the highly sought-after formulation, followed by solvent-based coatings and powder coatings. Waterborne coatings are being increasingly sought on the back of their competency to offer great resistance to heat, as well as abrasion. Moreover, architectural coatings maintain their lead as the largest application segment, and the booming number of infrastructure-related projects extrapolates the same. "Robust demand for coatings is poised to be registered from the architectural and industrial applications over the upcoming years. This, in turn, will translate into a significant surge in demand for additives in terms of performance enhancement requirements," said a senior analyst from Fact.MR. The thriving commercial and residential construction activities in Asia-Pacific have been spurring the sales of coating additives, making it the most remunerative region for the market stakeholders from an investment-making standpoint. The flourishing automotive sector in the region is also triggering the clamor for high-performance coating additives, finds the Fact.MR study. The report also indicates that innovative products such as multifunctional additives, silicone-based additives and green coating additives are expected to witness a spike in demand, giving a major boost to the overall growth of the coating additives market. According to the research study, product developments and technological innovations remain the key facets boosting the bottom lines of companies operating in the market space. Moreover, moderate pricing and diverse product portfolios are anticipated to be the major factors driving the industry over the foreseeable future. According to the Fact.MR study, the coating additives market remains a consolidated landscape and portrays the reign of leading players with strong product portfolios. The tier 1 players in the coating additives market have been identified to hold approximately 45-50 percent revenue share and remain highly focused on go-to-market strategies aimed for reaching out to the customer segments in a much more efficient manner. Tier 2 players are focused on the development of unique and exclusive products and commercialization of the same at competitive price points to gain substantial revenue benefits. The market players falling into the tier 3 category are shifting their focus toward strategic alliances and partnerships with leading industry giants for affluent expansion. In addition to that, long-term contracts with the domestic manufacturers or suppliers have also been identified to be a key differential move to tackle volatile pricing, as well as uninterrupted supply. The Fact.MR report offers top-to-bottom research on the growth potential of the coating additives market over the forecast period of 2018 to 2027. As per the report, the coating additives market is poised to expand at a volume CAGR of more than 3.5 percent over the forecast period.

Thursday, January 17, 2019

Rogers Corporation introduces FDA compliant UHMW-PE films for specialty hoses - click to expand

Ohio Rubber Group holds winter technical meeting January 29 - click to expand

Global industrial rubber market forecast to reach $167 billion by 2026 - click to expand

Rubber Division, ACS, requests nominations for the 2020 Science & Technology Awards - click to expand

Global synthetic rubber market forecast with a CAGR of 5.5 percent through 2025 - click to expand

Wednesday, January 16, 2019

Retread tires market to grow at a CAGR of 4.6 percent through 2028 - click to expand

Preferred Compounding acquires Valley Rubber Mixing and Glo-Mold - click to expand

Freudenberg BlueSeal helps trucks and SUVs - click to expand

Goodyear declares quarterly dividend of 16 cents per share - click to expand

RISE project shows the profitability of extracting oil from tires - click to expand

Tuesday, January 15, 2019

Europe and CIS tire market forecast at $51 billion by 2023 - click to expand

Indonesia is ready to coordinate with Thailand and Malaysia to address declining rubber prices - click to expand

Anne Forristall Luke elected vice chair of the National Association of Manufacturers (NAM) Council of Manufacturing Associations (CMA) board of directors - click to expand

Falken Tire's ZIEX ZE001 A/S selected as factory standard tire for Subaru's Crosstrek hybrid - click to expand

Global rubber glove market forecast to reach $7.3 billion by 2023 - click to expand

Monday, January 14, 2019

Goodyear to present at Deutsche Bank Auto Industry Conference - click to expand

Global injection molding machine market size forecast at $22.45 billion by 2025 - click to expand

Cooper Tire to present at Deutsche Bank 2019 Global Auto Industry Conference - click to expand

Zeon establishes Czech subsidiary to sell raw materials for auto parts - click to expand

China to establish a rubber based free trade zone in Sri Lanka - click to expand

Friday, January 11, 2019

Shin-Etsu plans $23 million expansion of its Akron, OH, silicone facility - click to expand

Goodyear to webcast its presentation at the 2019 Wolfe Research Global Auto Industry Conference - click to expand

Abstracts solicited for 2019 International Elastomer Conference - click to expand

Book of the Day - Resistance and Stability of Polymers - click to expand

ARPM creates digital training modules for rubber manufacturers - click to expand

Thursday, January 10, 2019

Rex Gauge introduces the DD-5 digital durometer - click to expand

Falken Tires selected as original equipment supplier for the 2019 Jeep Wrangler Rubicon - click to expand

TA Instruments introduces high sensitivity pressure cell for the ARES-G2 rheometer - click to expand

Silicone film market forecast to reach $1 billion by 2023 - click to expand

Market Reports

Agricultural and food grade rubber conveyor belt market to grow at a CAGR of 4.9% through 2028 - click to expand

Global silica for S-SBR market forecast with a CAGR of 7.2% through 2028 - click to expand

Silicone to lead the wearable materials market forecast at $2.9 billion by 2023 - click to expand

Global industrial rubber market forecast to reach $167 billion by 2026 - click to expand

Global synthetic rubber market forecast with a CAGR of 5.5% through 2025 - click to expand

Aircraft elastomers market to grow at CAGR Of 5.1% through 2023 - click to expand

Retread tires market to grow at a CAGR of 4.6% through 2028 - click to expand

Europe & CIS tire market is forecast at $51 billion by 2023 - click to expand

Global rubber glove market forecast to reach $7.3 billion by 2023 - click to expand

Global injection molding machine market size forecast at $22.45 billion by 2025 - click to expand

Silicone film market forecast to reach $1 billion by 2023 - click to expand

Global water-based adhesive market forecast to reach $21.3 billion by 2024 - click to expand

Global market for liquid silicone rubber forecast at $7.9 billion by 2026 - click to expand

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