High rate of commercialization of waterborne coatings on account of growing consumer preference towards low toxicity and VOC content may be attributed for high growth. Advancements in formulation techniques along with increasing requirement for multi-functional additives are also expected to fuel their demand over next seven years.
The Global Waterborne Coating Additives Market is expected to reach USD 4.11 billion by 2022, according to a new report by Grand View Research, Inc.
Waterborne coatings have penetrated approximately 90% in architectural segment in mature markets of North America and Europe as a drop-in substitute to petroleum derived solvent borne counterparts. Rheology modifiers were the leading product segment and accounted for over 40% of total market volume in 2014. These additives tend to lower the surface tension of the formulation which improves color acceptance, film quality, and wet abrasion resistance. Additionally, they help to control several rheological properties including brushability, in-can stability, sagging and film building. The product segment is also anticipated to witness the fastest growth of over 6% from 2015 to 2022.
Global wetting & dispersion agents market size was estimated to be over 150 kilo tons in 2014 and is expected to witness significant growth over the forecast period. High requirement for preventing reflocculation of the dispersed particles in architectural and industrial wood coatings is expected to drive this segment over the forecast period.
To Know More About Waterborne Coating Additives Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/waterborne-coating-additives-market
Hydroxyl ethyl cellulose (HEC) was the most preferred rheology modifier for waterborne formulations and accounted for over 28% of the total volume share in 2014. Hydrophobically modified HEC (HMHEC) is expected to be the fastest growing rheology modifier and is estimated to grow at a CAGR of 7.5% in terms of value over next seven years.
Top Players of Waterborne Coating Additives Market:
Major companies operating in global industry include AkzoNobel, Allnex, BASF, Belami Fine Chemicals, Byk, Evonik, Falcon Technologies, Harmony Additive, KaMin LLC, Lubrizol Advanced Materials, Taminco.
Market Segmentation of Waterborne Coating Additives Market:
The Global Waterborne Coating Additives Market segmented on the basis of Product, And Region.
By Product:
Wetting & dispersion additives
Defoaming agents
Rheology modifiers
HEC
HMHEC
EHEC
HMPAPE
HEUR
Flow additives
By Region:
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa
Inquire about Waterborne Coating Additives Market with Our Experts @ https://www.grandviewresearch.com/inquiry/2667
The Global Waterborne Coating Additives Market is expected to reach USD 4.11 billion by 2022, according to a new report by Grand View Research, Inc.
Waterborne coatings have penetrated approximately 90% in architectural segment in mature markets of North America and Europe as a drop-in substitute to petroleum derived solvent borne counterparts. Rheology modifiers were the leading product segment and accounted for over 40% of total market volume in 2014. These additives tend to lower the surface tension of the formulation which improves color acceptance, film quality, and wet abrasion resistance. Additionally, they help to control several rheological properties including brushability, in-can stability, sagging and film building. The product segment is also anticipated to witness the fastest growth of over 6% from 2015 to 2022.
Global wetting & dispersion agents market size was estimated to be over 150 kilo tons in 2014 and is expected to witness significant growth over the forecast period. High requirement for preventing reflocculation of the dispersed particles in architectural and industrial wood coatings is expected to drive this segment over the forecast period.
To Know More About Waterborne Coating Additives Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/waterborne-coating-additives-market
Hydroxyl ethyl cellulose (HEC) was the most preferred rheology modifier for waterborne formulations and accounted for over 28% of the total volume share in 2014. Hydrophobically modified HEC (HMHEC) is expected to be the fastest growing rheology modifier and is estimated to grow at a CAGR of 7.5% in terms of value over next seven years.
Top Players of Waterborne Coating Additives Market:
Major companies operating in global industry include AkzoNobel, Allnex, BASF, Belami Fine Chemicals, Byk, Evonik, Falcon Technologies, Harmony Additive, KaMin LLC, Lubrizol Advanced Materials, Taminco.
Market Segmentation of Waterborne Coating Additives Market:
The Global Waterborne Coating Additives Market segmented on the basis of Product, And Region.
By Product:
Wetting & dispersion additives
Defoaming agents
Rheology modifiers
HEC
HMHEC
EHEC
HMPAPE
HEUR
Flow additives
By Region:
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa
Inquire about Waterborne Coating Additives Market with Our Experts @ https://www.grandviewresearch.com/inquiry/2667
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