DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/64scsb/china_coating) has announced the addition of the "China Coating Additives Market Forecast and Opportunities, 2019" report to their offering.
According to the report China Coating Additives Market Forecast & Opportunities, 2019, the coating additives market in China is forecast to grow at CAGR of around 12% during 2014-19.
The report also points out that Altana (BYK Additives & Instruments), Dow and BASF would continue to be the leading three players in the country's coating additives market. The consumption of coating additives is driven by increasing regulations limiting the use of VOC emitting coatings in China. In the architecture segment particularly, the demand for low or zero VOC emitting coatings for residence and infrastructural construction is expected to witness a continuing increase.
Water based coatings and powder coatings in architecture have low VOC emitting tendencies, and can thus replace toxic solvents such as formaldehyde and aromatic hydrocarbons such as toluene, xylene, etc. In the industrial coatings segment, major application areas of coating additives are automotive (original equipment manufacturing and refinishing), marine and shipping, can and coil coatings, plastic coatings, wood coatings and general industrial coatings. Significant capacity expansions that are anticipated to be undertaken by leading global coating additive manufacturers such as BASF, Altana and AkzoNobel portray a very positive outlook for China coating additives market during the next five years.
End use industries of coating additives can be broadly segmented into architectural and industrial coatings, of which architectural coatings holds larger market share, as per the comprehensive research report China Coating Additives Market Forecast & Opportunities, 2019.
In coating formulation, rheology modifiers - a type of coating additives, plays critical role, as rheology modifiers can affect the process as well color performance of the applied subject. Moreover, wider end use applications and consumption pattern helped rheology modifiers increase volume sales, as a result the segment accounts for majority share in China coating additives market. Rheology modifiers are followed by wetting dispersants and defoamers. In addition, biocides despite being a smaller segment has registered fastest growth over the period of 2009-13.
Key Topics Covered:
1. Research Methodology
2. Analyst View
3. Coating Additives Market Overview
4. Global Coating Additives Market Size
5. China Coating Additives Market Outlook
6. China Coating Additive Market Segmental Analysis
7. China Coating Additives Market Dynamics
8. Market Trends & Developments
9. China Economic Profile
10. Competitive Landscape
11. Strategic Recommendations
- AkzoNobel China
- Altana Group
- Arkema (China) Investment Co., Ltd.
- Ashland Inc.
- BASF (China) Co. Ltd.
- Dow Chemical (China) Investment Co., Ltd.
- Eastman Chemical Company
- Elementis plc
- Evonik Degussa (China) Co., Ltd.
- Lubrizol Corporation
For more information visit http://www.researchandmarkets.com/research/64scsb/china_coating