Global Coating Additives Market Size By Type, By Application, By Function, By Geographic Scope And Forecast
Coating Additives Market Size And Forecast
Coating Additives Market was valued at USD 7.88 Billion in 2019 and is projected to reach USD 11.93 Billion by 2027, growing at a CAGR of 5.3% from 2020 to 2027.
Global Coating Additives Market Outlook
With the increasing adaption of the multifunctional additives in the automotive industry is propelling the growth of the market. In addition, the increasing demand for environmentally friendly paints and rising research and development activities are driving market growth. Moreover, rapid urbanization is another factor imposing a positive outlook on the market growth. However, the imposition of stringent regulations and volatility in the prices of raw material is expected to hamper the growth of the market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The Global Coating Additives Market is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Coating Additives Market Competitive Landscape
The Global Coating Additives Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as BYK-Chemie GmbH, Elementis PLC, ExxonMobil, BYK-Chemie, BASF, AkzoNobel N.V., Arkema, Evonik Industries, DuPont, and Eastman Chemical Company.
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