Decorative Coating additives are chemical formulations of solvents and other polymers, which when applied to a surface result into a thin layer that is decorative. Paints, drying oils and varnishes, synthetic clear coatings, are some of the classification of Decorative coatings. Silver clear coating is another sealer coat which primarily performs the task to protecting the surface of an object from the environment. Decorative coatings are also utilized in improving the visual appeal of an object by heightening its surface features. The main factors increasing the demand in decorative coating additives is due to the innovation of various additives in this industry include high processing costs, legislation issues with Volatile Organic Compounds (VOC), sustainability and the desire for more ecofriendly products. There are several trending technologies and materials that are used for achieving this objective; UV curing decorative coatings is one important evolution in this field.
The Decorative Coatings Additives market has been classified into different segments, namely: Formulation, Type of Additives, End User Application and Geography exclusively. While there are many different components and additives in the industry, the classification of fluids based on the formulation of coatings is done into the following classes; Water based systems, Solvent based systems, Powder based and Radiation Cured Systems. Waterborne coatings accounted for over 70% of global revenue and are expected to gain share over solvent borne based systems. Based on the types of additives commercially available, the market is categorized into various types such as anti-foam agents, dispersing agents, rheology agents, wetting agents, surface modifiers, Slip/Slide Resistant Agents and many more. Each type varies greatly and the composition is different with different technical specifications.
Introduction of nanocoatings along with the green coatings is expected to open new opportunities for growth over the forecast period 2018-2023. Major chemicals used in this industry are various polymers, ketones, acrylics, polyglycols, esters polyamides, alcohols and more. Decorative Coatings are used in different applications. The Decorative Coating Additives Market Research report on user segments include: Automotive/Aerospace interior and exterior parts, Bathroom equipment, Consumer products, Door handles, Jewelry & watches and others.
The overall market is also presented from the perspective of different geographic regions and the key countries in each region. The Decorative Coating Additives Market Industry Analysis, on the basis of regions: North America, Europe, Asia-Pacific and Rest of the World. The Decorative Coating Additives Market Competitive Analysis for industry and market players are depicted on the basis of the attributes of company overview, financial overview, business strategies, product portfolio and recent developments. Decorative Coating Additives Market shares of the key players for 2015 are provided.
Sample Companies Profiled in this Report are:
- Sherwin-Williams Company,
- Dow Chemical Company
- Eastman Chemical Company,