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The Paint Additive market is a subset of the Paints and Coatings industry. Paint additives are substances that are added to paint to improve its properties, such as viscosity, gloss, durability, and resistance to weathering. These additives can also be used to reduce costs, improve application, and increase the lifespan of the paint. Common types of paint additives include surfactants, dispersants, rheology modifiers, biocides, and defoamers.
The Paint Additive market is driven by the increasing demand for paints and coatings in the construction and automotive industries. The growing demand for eco-friendly and low-VOC paints is also driving the market. The increasing demand for high-performance coatings is also expected to drive the market in the coming years.
Some of the major companies in the Paint Additive market include BASF, Dow, Evonik, AkzoNobel, and Clariant. Other prominent players include Arkema, Allnex, Kansai Paint, and Nippon Paint. Show Less Read more
