FORT WORTH, Texas, December 23, 2014 /PRNewswire/ --
The Asia-Pacific urethanes
coating additives market was valued at $860.6 million in 2013, which is expected to grow
at a CAGR of 6.8% annually.
Urethane-based coating additives are essentially used for
stabilization, wetting, dispersion, anti-flooding, and
anti-floating. It is also employed for superior color acceptance of
tinters. In addition to these, they are also used for UV
reflectivity, chip resistance, and impact resistance.
Browse through the TOC of Asia-Pacific Urethanes Coating
Additives Market for an in-depth analysis of the industry
trends and segments, with help of various tables and figures.
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Urethanes coating additives are being used mainly in the paints
& coating segment, which caters to a large number of industries
that include automotive, building & construction, industrial
application, and so on. The urethane-based coating additives market
is mainly driven by the growth of end-user industries such as
construction in the major countries of the Asia-Pacific region.
Asia-Pacific dominates the
global urethanes coating additives market both in terms of
production as well as consumption, because the coating additives
market is undergoing an expansion phase in the Asia-Pacific region. This growth can be
primarily attributed to the increasing demand in emerging economies
such as China, India, and so on.
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Construction recorded the largest revenue in 2013 with
$287.3 million, which is estimated to
reach $396.2 million by 2018 at a
CAGR of 6.6% for the period under consideration. Automotive paints
led the urethanes coating additives market in terms of growth rate,
which is projected to grow at the highest CAGR of 7.1% from 2013 to
2018.
The key countries covered in Asia-Pacific Urethanes Coating
Additives Market are China,
Japan, India, South
Korea and others. The various applications include
Construction, Bedding & Furniture, Industrial applications,
automotive paints and other applications.
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