According to a recent Fact.MR study, the demand for coating additives is likely to reach 1.37 million tons by 2019-end, up from 1.35 million tons in 2018. As per the report, acrylic based coating additives will remain the top-selling product type.
Demand for rheology coating additives is likely to reach 449,000 tons in 2018. With the rising demand for low-VOC or VOC-free waterborne coating systems, the rheological additives are witnessing revved up adoption.
The report also indicates that innovative products such as multifunctional additives, silicone-based additives, and green coating additives are expected to witness a spike in demand, giving a major boost to the overall growth of coating additives market.
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