The Asia-Pacific Acrylic Resin Coating Additives market is witnessing a high growth due to the emerging market for additives in energy applications. The report estimates the size of the Coating Additives market both in terms of volume and value. The report provides a comprehensive overview of the key market drivers, challenges and issues. Asia-Pacific Acrylic Resin Coating Additives Market is estimated to reach $1,057.0 million by 2018, growing at a CAGR of 7.8% from 2013 to 2018. The key driver of the market is the booming construction and automotive industries in the region.
The report “Asia-Pacific Acrylic Resin Coating Additives Market” defines and segments the Coating Additives market in the region with analyses and projections of the size of the Asia-Pacific Acrylic Resin Coating Additives Market with respect to volume (KT) and value ($million).
Coating additives are specially engineered chemicals, resins, or metal derivatives which help in improving the performance of coatings. The major types of coating additives include acrylates, metallic, urethanes, fluoropolymers, and others. The acrylate-based additives include polyacrylates, acrylic amides and vinyls.
Among the major types of coating additives acrylic based additives captures the major share of coating additives market. It is expected that the future prospects of the industry would be dominated by additives which reduce the VOC and APEO content in the formulation.
Acrylic coating additives are used majorly for altering the rheology of a coating. Rheology modification plays an important role in defining the efficiency and effectiveness of a coating on a substrate.
Acrylic-based coating additives are used in major quantity in the region. The main function of acrylic-based coating additives is thickening; with other functions being flow, leveling, and surface defects, etc. Thus, the wider applicability of the acrylic-based additives makes them dominate the coating additives market.
The Asia-Pacific Acrylic Resin Coating Additives Market report covers the Coating Additives market in Asia-Pacific and its key trends concerning with major countries such as China, Japan, South Korea, India and others in the region. The major applications covered in the Asia-Pacific Acrylic Resin Coating Additives Market are architecture, industrial, wood & furniture, and automotive sectors.