DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/5dfhgv/global_paint) has announced the addition of the "Global Paint Additives Market 2014-2018" report to their offering.
The Global Paint Additives market to grow at a CAGR of 6.40% over the period 2013-2018.
Paint additives are special ingredients that improve the quality, performance, and functionality of paints and coatings. Paint additives modify the properties of paints to improve viscosity, foam reduction, gloss control, anti-chipping, flow control, and impact resistance and also increase the effectiveness of paints. A small amount of paint additives is added to the coating formulation to ensure durability and enhance the finishing of the coated film. Paint additives are used for coating applications in the Architecture, Automotive, Industrial, and Wood and Furniture industries.
One emerging trend in the market is the environmental regulations fuelling the demand for eco-friendly additives that have a positive impact on the global market.
According to the report, the demand for paint additives is expected to increase as a result of the positive economic outlook of emerging nations such as China, India, and Brazil and the increase in construction activities in these regions.
Further, the report states that the mature phase of the Global Paints and Coatings industry is a major factor hindering the growth of the Global Paint Additives market while intense competition has led to price pressure in the market, hindering the market growth.
The report provides data on the following segments of the Global Paint Additives market:
- Air Products and Chemicals
- Dow Chemical
- Evonik Industries
For more information visit http://www.researchandmarkets.com/research/5dfhgv/global_paint
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Source: Research and Markets