May 11, 2018   SOURCE: BusinessWire

Global Paints & Coatings Additives Market 2018-2023: Akzo Nobel, Arkema, and BASF are the Key Players - ResearchAndMarkets.com

The "Global Paints & Coatings Additives Market - Segmented by Type, by Application, and Geography - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

Asia-Pacific is expected to remain the largest market in the near future, owing to increasing investment and upcoming infrastructure projects in key countries such as China and India through the forecast period (2018 - 2023).

The construction industry in Asia-Pacific is expanding at a very rapid rate primarily in major economies such as China, India, and ASEAN countries. This is majorly due to the increasing urbanization, industrialization, rising population, along with increase in middle-class disposable incomes. Additionally, the entry of major construction players from the European Union into the lucrative markets of countries, such as China, in the recent years, has further fueled the industry expansion.

Moreover, growing business potentials in countries such as Indonesia, China, Malaysia, Singapore and South Korea, have made these countries hosts to numerous national and international events. As a result, the demand for hotels, shopping malls, high-rise buildings, arenas and stadiums (both outdoor and indoor), and infrastructure sector including roads, bridges, and dams, has increased, in turn propelling the construction industry in these countries. Consequently, increasing the demand for paints & coatings and their additives in the region.

Rheology Modifiers Dominates the Market

The inclusion of rheology modifiers in paints helps adjust the flowing pattern of paints while improving the paint's viscosity and application characteristics. For instance, they aid in reducing the dripping and spattering of paint during roller or brush application. In addition, these modifiers also prevent sedimentation of pigments within a formulation during the transportation or storage of paint. All such factors have made rheology modifiers an important additive for the paint and coatings industry. The growing consumption of paints & coatings will augment the market for rheology modifier in the near future.

Key Players

  • Akzo Nobel N.V.
  • Arkema
  • BASF SE

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

  • Asahi Glass Co. Ltd.
  • AkzoNobel N.V.
  • Arkema SA
  • Ashland Inc.
  • BASF SE
  • BYK-Chemie GmbH
  • Cabot Corp.
  • Cytec Industries Inc.
  • Daikin Industries Ltd.
  • The Dow Chemical Company
  • Dynea AS
  • Eastman Chemical Company
  • Elementis PLC
  • Evonik Industries AG
  • K-Tech (India) Limited
  • Rhodia SA
  • The Lubrizol Corporation
  • Momentive Specialty Chemicals Inc.

For more information about this report visit https://www.researchandmarkets.com/research/7tlfkh/global_paints_and?w=4