The impact modification coating additives market is mainly driven by the increasing demand from end-user sectors such as construction, bedding & furniture, and automotive paints. These industries, in particular, have witnessed strong growth in the past few years, which is driving manufacturers to increase the production of impact modification coating additives.

The Asia-Pacific impact modification coating additives market is expected to reach $161.7 million by 2018, to grow at a CAGR of 8.7% from 2013 to 2018. APAC is the largest impact modification coating additives market in the world. The Asia-Pacific market is one of the most promising markets for impact modification additives, both in terms of production as well as consumption. Availability of cheap raw material and labor, coupled with upcoming domestic demand, enables this market to be the most attractive one for industry participants.

Browse through the market data tables, figures and detailed ToC on the “Asia-Pacific Impact Modification Coating Additives Market”.

http://www.micromarketmonitor.com/market/asia-pacific-impact-modification-coating-additives-1360264554.html

Related Reports:

North American Impact Modification Coating Additives Market:

North America’s impact modification coating additives market is expected to reach $109.04 million by 2018, to grow at a CAGR of 7.4% from 2013 to 2018. North America is the second-largest market of impact modification coatings after Asia-Pacific. In 2013, North America accounted for 28.4% of the global impact modification coating additives consumption. Architecture forms the major consumer of impact modification coating additives in North America, contributing to 33.5% of the North American impact modification coating additives market.

European Impact Modification Coating Additives Market:

The European impact modification coating additives market is expected to reach $66.27 million by 2018, to grow at a CAGR of 4.7% from 2013 to 2018. Europe is the third-largest consumer of impact modification coatings after Asia-Pacific and North America. Europe contributes 19.6% of the global impact modification coating additives market. The major countries in Europe that consume impact modification coatings are Germany, the U.K., and France.

South American Impact Modification Coating Additives Market:

South America’s impact modification coating additives market is expected to reach $30.53 million by 2018, to grow at a CAGR of 6.8% from 2013 to 2018. Brazil and the Argentina are the two major countries that consume impact modification coating additives produced or imported in South America. The automotive, architectural, and wood & furniture industries are major consumers of impact modification coatings in South America.

Middle East and African Impact Modification Coating Additives Market:

The Middle East and African impact modification coating additives market is expected to reach $17.94 million by 2018, to grow at a CAGR of 9.8% from 2013 to 2018. The Middle East and Africa market is one of the major emerging markets for impact modification additives, both in terms of production as well as consumption.

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