Waterborne Coating Additives Market Size 2020- COVID-19 Analysis, Growth, Forecast, Demand and Analysis 2025
Market Scenario
Waterborne Coating Additives Market 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
waterborne coating additives market during the forecast period.
Competitive Analysis
·
Akzo
Nobel NV
·
Allnex
group
·
BASF
SE
·
BELAMI
FINE CHEMICALS PVT. LTD.
·
ALTANA
·
Evonik
Industries AG
·
Dow
Corning Corporation
·
Falcon
Technologies Inc.
·
Harmony
Additive Pvt. Ltd.
·
UL
LLC
Market Segmentation
The Global
Waterborne
Coating Additives Market Size 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 application in
construction, automotive, and, the packaging industry.
On the basis of the end-use industry, the
global waterborne coating additives market is segmented into building &
construction, automotive, packaging, and others. Building and construction
industry is expected to have the major market share of waterborne coating
additives due to high consumption of paints & coatings. Automotive industry
is also expected to show rising demand over the forecast period due to 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.
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