Global Formulation Additives Market
Formulation Additives Market Size And Forecast
According to Verified Market Research, The Global Formulation Additives Market was valued at USD 326.7 Million in 2018 and is projected to reach USD 445.8 Million by 2026, growing at a CAGR of 4.0% from 2019 to 2026.
Global Formulation Additives Market Outlook
Factors such as the wide applicability of formulation additives such as in architectural coatings and building materials as well as the growing approach by manufacturers towards providing cost-effective solutions without compromising performance of the product is leading to the growth of the market. Opportunities in industries such as furniture & flooring, food & beverage, and oil & gas is also benefitting the growth of the market. The fluctuating raw material prices is however leading to overcapacity and is thereby restraining the growth of the market.
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Global Formulation Additives Market Competitive Landscape
The Global Formulation Additives Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Huntsman, Munzing Corporation, Honeywell International, Momentive Performance Materials, Allnex Group, Arkema, BYK Additives, Dow, Evonik Industries and BASF. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
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