Coatings additives are some of the most important contents in the formulation of a coating, as they help control its performance. Applications of these additives range from furniture and construction to automotive coatings, and more. Coatings additives are being increasingly used to modify the rheology, wetting and dispersing, anti-fouling and anti-foaming properties of coating formulations. With tightening environmental regulations, the focus on the use of waterborne and powder coatings is increasing.
The global coatings additives market is witnessing increasing demand from various industries. Coatings additives are a specialized group of chemically engineered materials that find application in a number of industries. Their use in coatings formulations is increasingly becoming popular due to the performance enhancements that these materials offer. They impart excellent chemical properties to the formulation, including improved wettability, dispersion, rheology, UV protection, chemical resistance and high-temperature stability. They are widely used in many industrial fields under severe conditions. Owing to their special function and relatively low production volume when compared with the formulations, their prices are relatively high.