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Asia-Pacific Solvent Borne Coating Additives Market is Projected to Reach $2,226 Million by 2018, at a CAGR of 6.2%


News provided by

MicroMarket Monitor

19 Dec, 2014, 01:30 GMT

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FORT WOTH, Texas, December 19, 2014 /PRNewswire/ --

Asia-Pacific Solvent Borne Coating Additives market was valued at $ 1,645 million in the year 2013, and is projected to reach $2,226 million by the end of the year 2018, at a CAGR of 6.2%. This market growth fuelled by the increase in demand from the construction and automotive paints sector

Browse through the TOC of Asia-Pacific Solvent Borne Coating Additives market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.

http://www.micromarketmonitor.com/market/Asia-Pacific-solvent-borne-coating-additives-3932480657.html

Early buyers will receive 10% customization on this report.  

Solvent Borne Coating additives are used in paints and coating, and required by large number of industries including automotive, building and construction, industrial application and many others. This region leads the market, as it has the fastest growing economies, i.e. China and India, besides economies such as Thailand, South Korea and Malaysia are expected to be driven by the growing economic development.

Solvent Borne Coating additives are the key additives to increase wetting, prevent catering, and increase surface slip. Moreover, growth in this region for the market is driven by the end-user markets where coating additives are used extensively, owing to the ability to visually and chemically improve the performance of the coating.

Speak to Analyst @http://www.micromarketmonitor.com/contact/3932480657-speak_to_analyst.html

The construction sector recorded the largest revenue of $ 523.3 million in 2013, and it is estimated to reach $701.1 million by 2018, at a CAGR of 6.0% for the period under consideration. Also, the automotive paints sector leads the solvent market in terms of growth rate, bagging the highest CAGR of 6.5% for the period 2013-18. According to the estimation, India leads all the countries in the Asia-Pacific region in terms of market growth rate, with a CAGR of 7.7%, for the period 2013- 2018. China recorded the largest revenue of $883.89 million in the year 2013, followed by Japan.

Asia-pacific solvent borne coating and additives market covers applications such as construction, bedding & furniture, industrial applications, automotive paints and other applications.

Related Reports: 

North America Solvent Borne Coating Additives Market was valued at $0.8 million in 2013 growing at 4.8% annually and is projected to reach $1.0 billion by the end of 2018. The U.S. recorded the highest revenue in 2013 with $605.1 million and it is estimated to reach $751.4 million by 2018 with a CAGR of 4.4% for the period under consideration in the North America Solvent Borne Coating Additives market.

http://www.micromarketmonitor.com/market/north-america-solvent-borne-coating-additives-4219911808.html

About MicroMarket Monitor: 

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

Contact: 
Mr. Chandrasekhar K. 
5601 Bridge Street 
Suite 300 
Fort Worth, TX 76112 
Tel: +1-888-502-0539 
Email: sales@micromarketmonitor.com 

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