Coating Additives Marketfor the Period 2015–2021, Report Examines by Persistence Market Research (PMR)

New York, NY -- (SBWIRE) -- 02/05/2016 -- Coating additives are added to paints and coatings in order to augment theirquality and performance.Additives improvethe dispersion of solids, wetting, foam-reduction, anti-catering,gloss control, anti-chippingand UV protection, etc. of the coatings. Coating additives can be of various types such as acrylics, urethanes, fluoropolymers and metallics, among others. Acrylic additives are the leading product type, followed by urethanes and metallic additives. Coating additives help the surfaces to deal with higher temperature, abrasion, moisture, biocides and chemical resistance. Based on formulations, the market for coating additives is divided as water-borne, solvent-borne and powder-based coatings. Solvent-borne coatings were the leading coating additives formulations in the past few years.However, due to high VOC content and environmental concerns, the popularity of water-borne coating additives formulations has increased tremendously in the recent past and they are anticipated to grow substantially in the near future owing to their lower VOC content.