Asia-Pacific Coating Additives market is estimated to grow $5,230.3 million by 2018

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Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts

• Asia-Pacific Coating Additives Market is
  estimated to grow 5,230.3 million by 2018

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• The Asia-Pacific Coating Additives market is
  estimated to grow 5,230.3 million by 2018 at a
  CAGR of 7.8 from 2013 to 2018 due to the
  aggressive expansion in the developing countries
  in construction industry.
•  
• The Asia-Pacific coating additives market report
  defines and segments the coating additives market
  in Asia-Pacific with analysis and forecast of
  revenue.

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Browse through the market data tables, figures
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Additives Market http//www.micromarketmonitor.
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16.html

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• Coating additives are special additives that are
  added to the paint and/or coating to enhance its
  performance and quality.
• The main function of additives is to modify the
  properties of the coating such as viscosity,
  gloss, impact resistance, foam, etc. which
  enhances the effectiveness of the coatings.
• The coating additives in the form of paints are
  applied on the substrate using brush or rollers
  to form a thin film that is used for decorative
  or protective purpose.
• While in powder coating, the powder is sprayed on
  the substrate, which is attracted towards the
  surface due to electrostatic charge that holds it
  in its place.

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• Among the various regions focused during the
  study, Asia-Pacific is expected to maintain its
  supremacy in current as well as coming years.
• In 2012, the total consumption of coating
  additives market was more than the share in North
  America.
• The major reason of growth is the fast growing
  economies in the region. The region includes some
  of the worlds fastest growing economies such as
  China and India, which are among the forerunners
  in the region, in terms of adaptation of new
  technologies.
• The countries in the Asia-Pacific market include
  China, India, Japan, and South Korea. China is
  the dominating country in the Asia-Pacific
  market, having accounted for a major share due to
  the rapid economic growth in the recent years in
  rampant architectural construction and industrial
  activity, which created significant demand for
  coating additives.

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• The economy in this region saw a minor effect on
  its year-on-year growth in demand for coating
  additives. Among all the major countries, India
  is expected to grow at a faster pace owing to its
  growing construction activity contributed by the
  growth in its automobile sector.
• The overall construction industry in the region
  has been witness to a strong growth due to the
  large spending on housing, road, ports, water
  supply, rail transport, and airport development
  which has overall increased the growth of coating
  additives market.
• The report covers the Asia-Pacific coating
  additives market which is segmented on the basis
  of type, application, and geography.
• In the Asia-Pacific region, coating additives are
  applied inautomotive paints, bedding furniture,
  construction and industrial applications.

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