The North American coating additives market is estimated to grow to $3,503.1 million by 2018


Posted September 10, 2014 by sanjays9407

The North America coating additives market report defines and segments the coating additives market in North America with analysis and forecast of revenue.

 
Coating additives are special additives that are added to the paint and/or coating to enhance its performance and quality. The main function of additives is to modify the properties of the coating such as viscosity, gloss, impact resistance, foam, etc. which enhances the effectiveness of the coatings. The coating additives in the form of paints are applied on the substrate using brush or rollers to form a thin film that is used for decorative or protective purpose. While in powder coating, the powder is sprayed on the substrate, which is attracted towards the surface due to electrostatic charge that holds it in its place.

Browse through the TOC of the North America coating additives market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North American coating additives market, and is supported by various tables and figures.

http://www.micromarketmonitor.com/market/north-america-coating-additives-7177276697.html

The North American region has traditionally been a strong potential market for coating additives. Globally, the North American market has been a leader with respect to product innovation, in terms of quality and application development. The region is characterized by the strict environmental regulations regarding the base of the formulations. This has created an entry barrier for the formulators. The market is currently dominated by coating additives for solvent-borne formulations, but the demand of additives suitable for environment-friendly coatings is also increasing. The industrial development and growth in furniture industry are also expected to increase the demand of coating additives in the region. The major country in the market includes the U.S., which has state-of-the-art infrastructure also attracts the manufacturers to start production with new technologies as a major factor in the region. The Industrial segment is also growing in the region due to the availability of raw materials which is also increasing the consumption of coating additives in the region.

The report covers the North American coating additives market which is segmented on the basis of type, application, and geography. In the North American region, coating additives are applied in automotive paints, bedding & furniture, construction and industrial applications.

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Last Updated September 10, 2014