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Coating additives market on the basis of type has been segmented into acrylic, fluoropolymers, urethanes, metallic additives, and others. Acrylic coating additives are flow and levelling compounds that help to control the surface quality of the substrate/product. Acrylic resin coating additives improve lubricity and also provides non-stick properties, better wear resistance and reinforcing properties.
The rising economic growth in the regions such as, AsiaPacific and Europe are driving the global market. In addition, dramatic shift in the sectors including architecture and continuous economic advancements and rising popularity in the automotive segment have also contributed to the growth of the market. Moreover, VOCs free formulation is held as an important factor that is expected to create major opportunities worldwide.
The acrylic resin coating additives market is segmented based on application and geography. The applications assessed are industrial, automotive, architectural, wood & furniture and others. Regions such as North America, Europe, Asia Pacific and LAMEA are expected to witness rapid growth.
The key market players active in the acrylic resin coating additives market are Byk-Chemie GmbH, BASF SE, The Dow Chemical Company, Arkema S.A., Allnex Belgium SA/NV, Asahi Kasei Corporation, Momentive Spaciality Chemicals, AkzoNobel N.V and Eastman Chemical Company.
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