The Need for Cost Reduction and Prevention of Corrosion Driving the Market for Metallic Coatings – New Report by MicroMarket Monitor
The value of the metallic coating additives market was worth $763 million in 2012, and is expected to grow at a CAGR of 7.0%, from 2013 to 2018. http://www.micromarketmonitor.com/market-report/metallic-coating-additives-reports-3288586342.html
(PRWEB) June 22, 2014
Metallic coating is one of the major types of coating additives and can be used in forms such as granular, paste, or flakes. The corrosion resistance of a metallic coating is not only defined by the thickness of the coating, but its chemical composition as well.
The metallic coating additives are best suited for automotives and exterior coating application, but may not be suitable for interior coatings. Metallic additives are used for giving a metallic look to a substrate, wetting, dispersion, and so on. It is also used to protect the substrate from UV rays to prevent damage to the film.
The emerging demand in the Asia-Pacific region is driving the metallic pigments market. Currently, China is the largest consumer of metallic pigments because of the increasing consumption in automotive manufacturing.
Browse through the market data tables, figures and detailed ToC on the “Metallic Coating Additives Market”.
The leading players such as BYK-Chemie (Germany), BASF S.E. (Germany), Evonik (Germany), Dow Chemical (U.S.), Ashland (U.S.), and Eastman Chemical (U.S.), among others, focus on customer’s needs and are also required to ensure that the products comply with environmental regulations, while delivering exceptional performance characteristics.
In order to maintain their competitiveness in the market, the manufacturers of metallic coatings must offer both high-performance and environmental-compliance in their products, and also emphasize on R&D.
The value of the metallic coating additives market was worth $763 million in 2012, and is expected to grow at a CAGR of 7.0%, from 2013 to 2018.
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