Asia-Pacific region to account for 43% of the world paint additives market in 2016
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According to the Paint Additives Market to 2016 rheology modifiers and biocides will push the market to 2016. The report provides deep analysis of the global paint additives market and provides forecasts of both volume and production up to 2016 for regions -North America,Europe, Asia Pacific, South andCentral America,Middle East andAfrica.
Worldwide market for paint additives has risen continually over the last decade. Much of this increase in demand has come from the Asia-Pacific region and this trend is expected to continue in the near future, with Asia-Pacific expected to account for 43.2% of the global demand for paint additives in 2016. The global paint additives market was dominated by rheology modifiers in 2010 followed by biocides. The high need for biocides inAsia, due to a strong focus on architectural paints compared to other regions, has made biocides a significant segment in the global paint additives market.
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