A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Low
VOC Coating Additives
Market. The
study, titled “Low
VOC Coating Additives Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Low
VOC coating additives are added to the coating used in the various
coatings to change their physical properties. Low VOC that is
referred to as low volatile organic contents. End product of the low
VOC coatings additives exhibits properties such as stable color, high
gloss, low environmental impact and excellent surface appearance.
Global low VOC coating additives market can be segmented based on
technology into powder based, radiation cure, high solids and
waterborne. Based on applications, low VOC coating additives market
is segmented as automotive coatings, wood coatings, industrial
coatings, packaging coatings, product finishing coatings and building
& construction coatings. Based on product type, global low VOC
coating additive market is bifurcated as defoamers, dispersants,
wetting agents, rheology modifiers and others.
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Market Research Report @
Rising
environmental regulations in developed as well as developing
countries is expected to drive the low VOC coating additives market.
Regional environmental agencies are forcing the manufacturers to
reduce the VOC content in their products. Increasing demand for low
VOC coating additives from end-user industries is further fueling the
market. Major end user industries include building &
construction, automotive and packaging. This demand is primarily
attributable to Asia Pacific. However, rising raw material prices and
their volatility is expected to hamper the low VOC coatings additives
market growth. Furthermore, raw materials industry of low VOC
coatings additives is on the verge of consolidation that enhances the
bargaining power of suppliers and negatively affects the market
growth. End-use industries of low VOC coatings additives grow in line
with the economic development across globe and hence, geopolitical
issues in affects the growth in particular regions and have effect on
the global market. Increasing demand for water-based low VOC coatings
additives is anticipated to provide immense opportunities for the
players in the market.
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the form for an exclusive sample of this report @
Asia
Pacific emerged as the largest market for low VOC coating additives
in terms of production and consumption. China accounted for
significant share in the demand and production of low VOC coating
additives in the region. High economic growth in the emerging
economies of Asia Pacific such as China and India are expected to
boost the market growth in the next few years. Furthermore, rising
end-user industries such as automotive, packaging, industrial and
construction are driving the low VOC coating additives market in the
region. Rest of the World that includes Latin America, Africa and
Middle East is expected to grow at a significant growth during
forecast period due to upcoming global and sports events in the
region. North America’s low VOC coatings additive demand is
expected to grow at a moderate rate during the forecast period.
Europe, which has very stringent environmental regulatory scenario is
expected to grow at a moderate rate in the next few years.
Global
low-VOC coating additives market is moderately consolidated with key
players having presence across the value chain. Players in the
market concentrate on expansion of product facilities and new product
launches in order to increase their market share. Moderate level of
mergers and acquisitions is the characteristic of this market. Key
players in low-VOC coating additives market include Eastman Chemical
Company, Solvay SA, BASF SE, The Dow Chemical Company, Huntsman
Corporation, OM Group, Inc., E. I. du Pont de Nemours and Company,
Elementic Plc, Air Products and Chemicals, Inc. and Allnex. Few of
the companies want to create themselves as a sustainable brand. For
instance, Solvay SA offers sustainable solutions and products to
reduce health and environmental impact.
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The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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Us
Transparency
Market Research (TMR) is a market intelligence company, providing
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of quantitative forecasting and trends analysis provides
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and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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