Wood Coatings Additives Market
Wood Coatings Additives Market being driven by growing usage of wood thus the need to protect it from bacteria.
The expectation of superior quality wood surface has led to the invention of Wood Coating Additives. The Chemical Formulations which are used for multiple functions in Wood process ar referred to as Wood Coating Additives. The basic functions of those additives are higher stabilization, hygiene and decoration of wood i.e. to modify the properties of the coating like viscosity, gloss, impact resistance, foam, etc.
Market Driving Factors:
The top most causative driving factors of the Wood Coating Additives Market, as surveyed by IndustryARC’s research analysts are:
· Growing demand for multifunctional additives, strict environmental regulations, emerging transition from solvent-borne to alternate technologies.
· Growing awareness among users and formulators about the advantages of coating additives, and strong growth in user markets.
Geographical Study of the Market:
Due to increasing environmental regulations and law enforcements, North America, Europe and APAC are showing high growth rates in the international Wood Coating Additives Market. The top causative countries of this market are noted to be North America, U.k., Brazil, China and few more. (Report contains the detailed list of the same).
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The Wood Coating Additives Market is broadly divided into three sorts based mostly on the later given factors below. The broad segmentation is further light-emitting diode to a narrower stream of divisions created by consultants of IndustryARC and mentioned in this analysis report.
1. By Formulation: Radiation Cured, Solvent Based, Water Based.
2. By Type: Dispersing Agents, Rheology Modifiers, Wetting Agents, Surface Modifiers.
3. By Application: Food Packaging Industry, Building and Infrastructure, Furniture.
4. By Geography: Americas, Europe, APAC and ROW.
Key Market Players:
Few of the top notable competitors out of the complete list of 40+ companies of the Wood Coating Additives Market which are studied in depth and mentioned in this research report are:
· BASF SE
· Eastman Chemical Company
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