Low voc coating additives market worth $5 8 billion by 2020

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Low-VOC Coating Additives Market worth $5.8 Billion by 2020 http://www.marketsandmarkets.com/Market-Reports/low-voc-coating-additive-market-251318282.html

The report “Low-VOC Coating Additive Market by Type (Rheology Modifier, Defoamer, Dispersant, & Wetting Agent), by Technology (Waterborne, Powder, High Solids, & UV/EB), by Application (Architectural, Auto, Industrial, Packaging, Wood) - Global Forecast to 2020”, analyzes the global low-VOC coating additives market with respect to market drivers, restrains, opportunities, and challenges, in different regions.

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88 data tables 48 figures 174 pages and in-depth TOC on “Low-VOC Coating Additive Market”

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The global low-VOC coating additives market is significantly penetrating in the coating applications. The characteristics of the end products differ as per the requirement of end-user industries and for different applications. The Asia-Pacific region is the fastest growing segment of the global low-VOC coating additive market and is mainly attributed to stringent environmental regulations, greater economic growth in developing countries, growth in end-use industries such as automotive, architectural coatings and increasing investment in infrastructure which is eventually driving the lowVOC coatings additive industry. The Asia-Pacific and RoW markets are estimated to show a rising growth in the next five years with the allied industries expected to stabilize the overall business need in the respective regions.

The Eastern and Central European nations, emerging South-East Asian, and Latin American nations that will host the future global events would supplement the growth of the architectural coatings, followed by automotive and packaging coatings which will indirectly boost the demand for the low-VOC coating additives.

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The low-VOC coating additives demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, investments & expansions, partnerships & agreements, and mergers & acquisitions of the leading global companies.

The global market value of the low-VOC coating additive market was estimated to $5.8 billion in 2020 and is projected grow at a CAGR of around 5.78% between 2015 and 2020. The high demand for the printing low-VOC coatings across the the architectural coatings application and automotive coatings will increase the overall low-VOC coating additives consumption.

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Large construction industry, wind and increasing automotive and aerospace & defense industry in Asia-Pacific region helped it to dominate the global composites market. Construction market in Asia-Pacific is the major driving factor for the composites application market.

North America & Asia-Pacific accounted for more than 68% share in the composites market in terms of volume in 2014 Asia-Pacific is the prime consumer of composites globally followed by North America. North America and Asia-Pacific together accounted for more than 68% of the composites in terms of volume in 2014. Asia-Pacific is expected to grow at a highest CAGR and secure its leading market position by 2020, with increasing demand from automotive, wind, and construction market. In North America the use of composites continues to increase in aerospace & defense and automotive industries to replace the other conventional composites that reduces the weight of vehicles and increases the mileage.

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