Waterborne Coating Additives Market size was valued at US$ 60.59 Bn. in 2020 and the total revenue is expected to grow at 4.8% through 2021 to 2027, reaching nearly US$ 84.13 Bn.
Waterborne Coating Additives Market new developments and market insights
Maximize Market Research, a leading international research firm that offers information and analysis on the global and regional healthcare industry, has published a report on the Waterborne Coating Additives market. The analysis offers key commercial insights, the market size by region, and estimates through 2029.
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Waterborne Coating Additives Market Overview:
The dynamics of the Waterborne Coating Additives Market are clarified by a thorough examination of statistics on current and emerging trends. The study includes Porter's five forces in order to assess the significance of numerous aspects, such as dangers presented by diverse agents, competitive strength, and the capacity of bright young enterprises to comprehend a resource. To determine the total market size by country and segments, the research performed a micro-level examination of each nation. Using a bottom-up approach, the size of the regional and worldwide markets is determined. By conducting a micro-level analysis of each country, it is possible to determine the contribution of the unorganised market to the size of the total market.
Interviews with well-known local businessmen help to confirm the results. We use both commercial and free databases for our secondary research and analysis. The supply and consumption data for each participant is acquired from reliable third-party sources, official government databases, and yearly reports in the case of publicly traded businesses.
Waterborne Coating Additives Market size was valued at US$ 60.59 Bn. in 2020 and the total revenue is expected to grow at 4.8% through 2021 to 2027, reaching nearly US$ 84.13 Bn.
Waterborne Coating Additives Market Segmentation:
By Product, the waterborne coating additives market is segmented into wetting & dispersion agents, defoaming, rheology modifier, and flow additives. Rheology modifier led the market in 2020 and is expected to hold a prominent market during the forecast period. The rising demand for wetting and dispersion additives for preventing flocculation of the dispersed particles in coatings is further propels the market demand during the forecast period. The wetting and dispersion additives segment includes acrylic copolymers, maleic anhydride copolymers, polyacrylate salts, fatty acid, and fatty alcohol derivatives, and alkylphenol ethoxylates.
Increasing demand for waterborne coating additives in wood, architectural, and furniture coatings is expected to drive the market during the forecast period. Defoaming product is used to prevent foam formation during processing and to destroy the existing foam.
By Application, the Global Waterborne Coating Additives market is segmented into industrial, architectural, and others. The architectural application segment witnessed significant growth during the forecast period. Rising infrastructure activities are driving the segment demand. Architectural applications in infrastructure activities like doors, windows frames, trims, interior, and exterior and wood varnishes, the waterborne coating is used as decorative coatings.
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Regional Analysis:
The study's examination of the Waterborne Coating Additives Market looks at the supply chains of manufacturers, current laws and regulations, supply chains, cost structures, and market share. By examining the pricing of the commodities in the region in proportion to the profit created, the regional markets for the Waterborne Coating Additives Market are explored.
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Waterborne Coating Additives Market Key players:
• AkzoNobel
• Evonik
• BASF
• Byk
• Harmony Additive
• Dow Coating Belami Fine Chemical
• Allnex
• Huber Engineered Materials
• Falcon Technologies
• Shah Patil and Co.
Numerous market- and industry-related themes are highlighted by the research. Launching new products, growing your business, collaborating with others, forming joint ventures, and acquisitions are a few examples of marketing techniques. The worldwide healthcare business consultancy firm Maximize Market Research has published a market intelligence and competitive landscape report on "Waterborne Coating Additives Market”. A domain specialist with 18 years of experience has looked at the market from both a local and global viewpoint as part of the research, which includes primary and secondary data.
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Nov 28, 2022