Increased Spending Capacity on Infrastructure in Asia Pacific to Help the Region Dominate the Global Coating Additives: Transparency Market Research


Posted December 21, 2018 by tmr123

Coating Additives Market is likely to grow due to the increase in demand for vehicles globally. This report provides detailed insights into the market size, trends, growth, key players and current opportunities.

 
Transparency Market Research has published a new report, according to which, the global coating additives market in the Asia Pacific region will record a remarkable growth during 2017-2025. The TMR report attributes this growth to the increased spending capacity of the region mainly on infrastructure.

The report has segmented the global coating additives market in terms of regional perspective into Norma America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Among these, the emerging economies such as the Asia Pacific and Latin America are experiencing high growth of the global coating additives market. The reason being rising infrastructure projects and the staggering growth of the construction industry in the region, which further propels the demand for the coating additives.

Moreover, countries boosting the growth of the Asia Pacific market for coating additives are China and India as the number of production units of coating additives increases across these nations. On the other hand, Europe and North America have shown the moderate growth rate of the coating additives market, as the production in the region declines coupled with the economic crisis. Nonetheless, prominent-end use industries are advancing rapidly in the region which will a major factor in driving the coating additives market in the region to significant growth.

The major players across the globe are increasingly investing in organic and inorganic strategies for growth in order to acquire a substantial share in the revenue. These major players are included in this TMR report, to give competitive landscape of the market, and these include DowDuPont Inc., BYK-Chemie GmbH, Arkema SA, Akzo Nobel N.V, The Valspar Corporation, Eastman Chemical Company, Evonik Industries AG, and BASF SE.

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Business Address 90 State Street, Suite 700
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Categories Construction , Reports , Research
Tags coating additives market , coating additives market growth , coating additives market research
Last Updated December 21, 2018