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.
The CPCA Compliance Calendar ensures regulatory staff mitigates risk for their companies. Essential information is provided in support of member companies’ ongoing enterprise risk management (ERM) efforts.