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Strategic Overview of Americas Coating Additives Market | 2019 – 2024

The American architectural industry has witnessed significant growth in the past few years and is expected to continue in the near future. The automobile industry is also anticipated to join the league with comparatively less influence on product demand over the next eight years. Industries including the oil and gas, marine, industrial processing, and wood & furniture in the region are also expected to add to the market value in the near future.

The Americas coating additives market is expected to reach USD 2.35 billion by 2024, according to a new report by Grand View Research, Inc.


Water borne additives had the highest market penetration while accounting for over 49% of the total demand in 2015. Increasing infrastructure spending, particularly in the residential & commercial sectors is anticipated to steer product demand over the next few years. The favorable regulatory scenario in the region coupled with shifting consumer preference towards low-VOC content in paints and coatings may be attributed to the high growth in the segment.

The Americas coating additives market demand was 348.6 kilo tons in 2015 and is anticipated to grow at a CAGR of 3.8% from 2016 to 2024 to reach a net volume exceeding 480 kilo tons by 2024. Waterborne flow additives are expected to account for over 17% of the regional revenue by 2024. Growing demand for easy flow and leveling over wooden and plastic surfaces is anticipated to drive the segment growth over the next eight years.

To Know More About Americas Coating Additives Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/americas-coating-additives-market 

Solvent borne defoaming agents demand in Brazil is anticipated to grow at a CAGR of over 3% over the forecast period. Increasing demand for deaerating automotive, industrial, wood, and furniture coatings is expected steer product demand over the next few years.

Top Players of Americas Coating Additives Market:

Some of the leading players include AkzoNobel NV, Ashland, Elementis Plc, The Lubrizol Corporation, The Eastman Chemical Company, and BYK-Chemie GmbH. 

Market Segmentation of Americas Coating Additives Market:

The Americas Coating Additives Market segmented on the basis of Formulation, Function, Product, End-Use, and Region.

By Formulation:

Waterborne
Wetting & dispersion
Defoaming
Rheology
Flow additives
Solvent borne
Powder Coating

By Function:

Rheology
Biocide
Wetting & dispersion
Antifoaming
Impact modification
Flow
De-waxing

By Product:

Acrylic
Urethane
Fluropolymers
Metallic
Alkoxylates

By End-Use:

Automotive
Architecture
Industrial
Wood & furniture

Inquire about Americas Coating Additives Market with Our Experts @ https://www.grandviewresearch.com/inquiry/3211/ibb 
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