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Coating Additives Market worth $10.5 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, Sept. 28, 2023 /PRNewswire/ — The report “Coating Additives Market by Type (defoamers, wetting & dispersing agents, rheology modifiers), Formulation (water-borne, solvent-borne), Application (architectural, industrial, automotive & transportation, wood & furniture), Region – Global Forecast to 2028″, size was USD 8.3 billion in 2023 to USD 10.5 billion by 2028, at a CAGR of 4.7% from 2023 to 2028.
Browse in-depth TOC on “Coating Additives Market”
168 – Tables
57 – Figures
174 – Pages
Coating additives encompass chemical compounds or substances strategically integrated into coatings and paints to enhance their properties, performance, and application characteristics. These additives are instrumental components within coating formulations, tailored to accomplish specific objectives and overcome challenges related to coating application and usage. They play a pivotal role in elevating the quality, durability, appearance, and functionality of coatings across a multitude of industries and applications. Among coating additives, rheology modifiers emerge as the largest category. They hold a critical role in enhancing the overall performance and application attributes of coatings. Rheology modifiers effectively manage the viscosity of coatings, simplifying the application process, preventing drooping or sagging, and ensuring consistent coverage. This viscosity control is fundamental for achieving the desired finish and thickness while contributing to a smoother and aesthetically pleasing coating through improved flow and leveling. This feature is especially significant for top-tier coatings employed in automotive and architectural applications. Architectural applications constitute a substantial and rapidly expanding segment within the coating additives market. This growth is propelled by the global trend of increasing urbanization, leading to a notable upsurge in construction activities, particularly in emerging economies.
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“Rheology modifiers was the largest type for coating additives market in 2022 in terms of value.”
In response to stringent environmental regulations and a growing focus on sustainability, there has been a notable shift towards the adoption of water-based coatings in the region. Within this evolving landscape, rheology modifiers play a pivotal role in ensuring the stability and performance of water-based formulations, aligning with these regulatory shifts. Various chemistries of rheology modifiers find application in paints and coatings, including but not limited to cellulosic, specialty clay, organoclays, hydrogenated castor oils, fumed silicas, polyamides, and overbased sulphonates, among others. Among these, rheology modifiers claim the largest market share, driven by their exceptional attributes such as viscosity control, stability in preventing pigment and solid particle settling, facilitation of coating flow and leveling, and the introduction of thixotropic qualities to coatings.
“Water-borne formulation is estimated to be the largest segment in coating additives market between 2023 and 2028 in terms of value”
Water-borne coating additives find widespread use in applications where environmental concerns and the imperative of low Volatile Organic Compound (VOC) emissions take precedence. These applications span various sectors, including architectural, automotive & transportation, wood & furniture, and packaging coatings. These specialized formulations are meticulously crafted to yield a stable mixture that can be efficiently applied to surfaces, resulting in the creation of protective and aesthetically appealing coatings. These coatings are characterized by desirable attributes such as strong adhesion, durability, and an appealing appearance. It’s worth noting that the demand for water-borne coating additives has been substantial, commanding a significant portion of the global coating additives market share, primarily due to their environmental advantages and versatility in diverse applications.
“Architectural segment is estimated to be the largest application in coating additives market between 2023 and 2028 in terms of value.”
The construction and real estate sectors, which heavily rely on architectural coatings, have demonstrated consistent growth. This sustained expansion translates into a continuous need for coating additives within the realm of architectural applications. Stringent environmental regulations have propelled the adoption of environmentally friendly options like water-based and low-VOC (Volatile Organic Compounds) coatings in architectural contexts. The prevailing economic prosperity further amplifies construction and renovation activities across both residential and commercial domains, subsequently augmenting the demand for coatings. Notably, the Asia-Pacific region, characterized by its substantial and continuously expanding population, plays a pivotal role in this dynamic. The population growth acts as a catalyst for increased construction projects encompassing residential and commercial properties, thereby driving heightened demand for architectural coatings and their associated additives.
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“Asia Pacific is estimated to be the fastest-growing region for the coating additives market during the forecast period from 2023 to 2028”
Asia-Pacific is anticipated to achieve the highest CAGR in this market, primarily driven by several key factors. Firstly, the region boasts the presence of significant market players, and it experiences substantial demand from vital end-use industries like automotive, architectural, and wood & furniture.
Asia-Pacific, marked by its rapid development, represents a promising arena for various industry participants. A noteworthy trend is the strategic relocation of production facilities by leading players from North America and Europe to this region. This strategic shift is motivated by factors such as the availability of cost-effective raw materials, reduced production costs, and the imperative to better serve local markets.
Market Players :
The key market players in Coating additives market are Evonik Industries AG(Germany), ALTANA AG(Germany), BASF SE(Germany), Dow Inc.(US), Nouryon(Netherlands), Arkema S.A.(France), ELEMENTIS PLC(UK), Allnex GMBH(Germany), Arkema S.A.(France), Eastman Chemical Company(US), and Ashland Inc.(US).https://www.marketsandmarkets.com/requestsampleNew.asp?id=421 – utm_source=PRnewswire&utm_medium=Referal&utm_campaign=PaidPR
Browse Adjacent Market: Specialty Chemicals Market Research Reports & Consulting
Related Reports:
Architectural Coatings Market – Global Forecasts to 2028
Industrial Coatings Market – Global Forecasts to 2025
Paints & Coatings Market – Global Forecasts to 2027
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TAIPEI, Dec. 26, 2024 /PRNewswire/ — VIVOTEK (3454-TW), the global leading security solution provider, has once again demonstrated its outstanding commitment to sustainability. Participating for the first time in the 17th Taiwan Corporate Sustainability Awards (TCSA), VIVOTEK emerged victorious, earning the Sustainability Report Award for the Information, Communication, and Broadcasting Industry and the Taiwan Corporate Sustainability Excellence Award. These recognitions showcase VIVOTEK’s remarkable success in corporate governance, environmental protection, and social responsibility, affirming its dedication to sustainable growth.
Pioneering Sustainability with Dual Recognition
“For over seven years, VIVOTEK has independently published sustainability reports, actively driving and disclosing our internal sustainability initiatives.” said Allen Hsieh, VIVOTEK’s Spokesperson and Director of the Global Marketing Division. “These awards not only recognize our integrity and efforts in presenting operational performance, environmental data, and social impact but also serve as a strong motivation for us to continue advancing on the path of sustainable development.”
Driving Sustainability through AI Innovation
VIVOTEK delivers advanced AI-powered security solutions built on cutting-edge AI and edge computing technologies. Beyond innovation, the company drives green initiatives, reduces its carbon footprint, and fosters a sustainable, supportive workplace.
Committed to social responsibility, VIVOTEK leads the security industry’s sustainability efforts through its ‘Safety Map’ initiative. For four years, employees have formed security teams to enhance safety in neighborhoods, care centers, and schools with on-site assessments and improvement plans.
In 2024, VIVOTEK will expand its efforts to Hualien’s Dacheng Village, where it will help improve local safety environments and support cultural preservation and tourism revitalization. These actions reflect its dedication to sustainability, community well-being, and lasting societal contributions.
Security Sustainability as a Foundation for Social Impact
VIVOTEK proudly received two prestigious honors at the Taiwan Corporate Sustainability Awards, highlighting its dedication to sustainable practices. These accolades inspire the company to deepen its internal efforts and mark the start of an exciting new chapter.
Building on this achievement, VIVOTEK aims to strengthen its mission of becoming the world’s most trusted smart security brand. By aligning with global market needs and fostering collaboration with customers, partners, and employees, VIVOTEK is committed to shaping a sustainable future founded on mutual trust and shared success.
To learn more about VIVOTEK’s sustainability initiatives, please refer to the 2023 Sustainability Report.
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Fintech PR
2024 Global Youth Design Contest on Chinese Characters Themed “Guiyang in Characters” Successfully Concluded
GUIYANG, China, Dec. 26, 2024 /PRNewswire/ — To fully implement the spirit of “carrying forward China’s cultural heritage” and “promoting the creative transformation and innovative development of fine traditional Chinese culture”, the 2024 Global Youth Design Contest on Chinese Characters Themed “Guiyang in Characters”, organized by the Publicity Department of the CPC Guiyang Municipal Committee and hosted by www.huanqiu.com, has successfully concluded on Dec.16. The contest drew thousands of teenagers from both China and abroad, who used cultural empowerment and innovative designs of Chinese characters to narrate and promote Guiyang.
At the “Colorful Guizhou • Literary Plateau” Farming and Reading Event, 59 outstanding works from 26 countries, along with 21 representative pieces from various countries and regions, were showcased. According to the organizing committee of the Global Youth Design Contest on Chinese Characters, “This exhibition serves as both a lasting commemoration of the event and a report to all those who care about the inheritance and promotion of Guiyang and Chinese culture.”
In their submissions, the teenagers selected Chinese characters or phrases they believed best represented Guiyang and reimagined them through innovative designs. Outstanding designs incorporated Guiyang’s iconic architecture and cultural landmarks into Chinese characters to present the city’s urban landscape and historical culture. Some works spotlighted Guiyang’s distinctive cuisine, offering a glimpse into the vibrant and diverse local culinary culture. Some other designs drew inspiration from martial arts villages in Guizhou and featured dragon motifs to symbolize the depth and vitality of Guizhou culture.
Saison from Tajikistan was among the participants in this year’s Global Youth Design Contest on Chinese Characters. Speaking about his design of the Chinese characters, he shared that his design sought to merge the beauty of Chinese characters with the charm of Guiyang. “Guiyang is a captivating place, known for its beautiful scenery, delicious food, and diverse ethnic minorities. I tried to incorporate the beauty of Guiyang into my Chinese character design, hoping to convey the city’s charm and the wonders of Chinese characters through my work.”
The contest officially opened for submissions on September 30. In an effort to boost public engagement and participation, a “cheerleading campaign” was organized for shortlisted works from November 22 to 29. Following expert reviews, 80 outstanding works were ultimately selected for public exhibition.
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Fintech PR
Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report
DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH’s realized volatility has increased, but short-term options haven’t adjusted to this change. This indicates that while spot prices are fluctuating, the options market is not fully reacting to these shifts, although BTC and ETH volumes have displayed slightly different patterns.
With more than $525 million in BTC and ETH options contracts expiring on Dec 27, 2024’s end-of-year options expiration looks set to be one of the biggest yet, yet expectations for volatility have remained subdued. The report highlights an unusual inversion in ETH’s volatility structure, but BTC has not mirrored the reaction. Additionally, a change in funding rates—sometimes turning negative as spot prices drop—signals a new market phase. Notably, BTC’s volatility structure has been less responsive to changes in spot prices, whereas ETH’s short-term options are exhibiting more noticeable fluctuations.
Key Findings:
BTC Options Expirations:
In the past month, BTC’s realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement.
ETH Options: Calls Dominate
Despite a mid-week inversion, ETH’s volatility term structure has flattened, maintaining levels similar to those seen over the past month. In the final week of 2024, calls overwhelmed puts in open interest in ETH options, although market movements and trading activities are more on the put side.
Access the Full Report:
Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024)
#Bybit / #BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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