Coating Auxillaries Market
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Future <strong>Market</strong> Insights<br />
Global<br />
<strong>Coating</strong> <strong>Auxillaries</strong><br />
<strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research,<br />
Report, Opportunities,<br />
Segmentation and<br />
Forecast,<br />
2014-2020<br />
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Report Description<br />
<strong>Coating</strong> auxillaries are consumed for the purpose of optimizing as well as supporting the<br />
application of coatings and release agents to guarantee an smooth production flow. Various<br />
products such as wiping fillers and dilutions, primers, cleaners, and mould cleaners belong to<br />
this category. These products are ideal for cleaning mould and processing equipment, and<br />
exhibit certain industrial advantages such as high release strength of polyurethane (PU) and<br />
release agent residues. <strong>Coating</strong> auxillaries provide an ideal preparation for many coating<br />
applications and also enhance the adhesion property of the coatings to the substrate.<br />
Manufacturers such as Bomix Chemie GmbH develop dilutions to achieve an effective<br />
processing viscosity.<br />
The global market for coating auxillaries has been witnessing a significant increase due to<br />
growth of its application and end user industries. <strong>Coating</strong> auxillaries are used in various coating<br />
applications which are further implemented in industries such as construction and textile.<br />
Growing demand from major application market such as textile and home furnishing are<br />
anticipated to remain the major growth factors for the market of coating auxillaries. Significant<br />
per capita consumption has been witnessed from the textile industry, particularly in emerging<br />
economies such as Russia, China, Brazil and India. This factor is expected to result in rising<br />
demand for coatings over the forecast period. However, rising environmental concerns regarding<br />
the hazards from the consumption of these coatings is expected to result in an unfavorable<br />
regulatory landscape which is expected to be a critical challenge for market players, resulting in<br />
the slowdown of the coating auxillaries market. In terms of the overall coatings market,<br />
polyurethane and silicone based coatings account for the most consumed products where
Report Description<br />
silicone coatings are anticipated to witness the fastest growth over the forecast period<br />
primarily due to rising innovation in product development which is leading to growth in<br />
packaging and automobile industries where these coatings are significantly consumed<br />
for protection and lamination.<br />
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Emerging regions such as Asia Pacific accounted for the largest market share in terms of<br />
region in the global urethane coating auxillaries market, followed by Europe and North<br />
America. Growth of the major end user industries such as textiles and construction,<br />
particularly in the emerging economies of India and China are anticipated to boost the<br />
demand for coating auxillaries over the forecast period. The market for coating auxillaries<br />
in China is expected to rise significantly on account of the country’s growing consumer<br />
demand for high quality products as well as the continued rapid pace of the construction<br />
industry in the country. Majority of the coating auxillaries in China are consumed in<br />
construction applications, where commercial and residential construction account for the<br />
largest shares.<br />
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Report Description<br />
Increasing demand for coatings and adhesives on account of the rapidly growing<br />
construction industry is expected to boost the demand for coating auxillaries over the<br />
next few years. Moreover, increasing number of construction activities, particularly in the<br />
BRIC region (Brazil, Russia, India, and China) is anticipated to fuel the demand for<br />
coating auxillaries as well. However, rising environmental regulations and concerns<br />
regarding the use of coating auxillaries are expected to slow down the growth of the<br />
market.<br />
On account of these factors, focus of manufacturers towards developing bio-based<br />
coatings is expected to provide new opportunities for the growth of the market.<br />
Baalbaki, Bomex Berlac Group, and Mayday Graphics are some of the manufactures of<br />
coatings auxillaries present in the market.<br />
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