The global automotive paints market size was valued at $8.78 billion in 2018, and is projected to reach $12.34 billion by 2026, registering a CAGR of 4.2% from 2019 to 2026. Asia-Pacific accounted for the highest share in 2018, and is anticipated to maintain its dominance in the throughout the forecast period.
Global Coating Additives Market is expected to garner $11,020 million by 2022, registering a CAGR of 6.9% during 2016-2022. Coating additives perform various functions, such as anti-foaming, wetting & dispersion, rheology modification, biocidal, impact modification, and others to overcome surface defects and problems that arise during application of paints or post-drying.
The nano titanium dioxide market is expected to reach $16,682 million by 2022, registering a CAGR of 20.7% from 2016 to 2022, from 2015 market value of $4,486 million.Â Nano titanium dioxide can be defined as the materials manufactured or engineered to have specific properties and have dimensions between 1 and 100 nanometers.
Nanomaterials market valued at 14 billion in 2015 and is expected to reach $55 billion by 2022, registering a CAGR of 20.7% from 2016 to 2022.Nanomaterials can be defined as the materials with at least one external dimension in the size range of approximately 1 to 100 nanometers.