Formulation Additives Market By Rerports And Data
Formulation Additives Market To
Reach USD 33.34 Billion By 2026
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Market Summary
Increasing use of formulation additives in construction and
transportation industries, rising demand for formulation
additives in oil & gas manufacturing, food & beverage are key
factors contributing to high CAGR of Formulation Additives
during forecast period.
Market Size – USD 20.56 Billion in 2018, Market Growth - CAGR
of 6.2%, Market Trends –Research for eco-friendly products
According to the current analysis of Reports and Data, the global
Formulation Additives market was valued at USD 20.56 Billion in
2018 and is expected to reach USD 33.34 Billion by year 2026, at
a CAGR of 6.2 %. Formulation additives are extensively used to
adjust the qualities of the adhesive formulation, which helps in
improving the efficiency, durability and appearance of the
product. Formulation additives are also used to enhance the
building structures and reduce the need for maintenance. They
are widely used in adhesive and sealant application. The
demand for formulation additives is rapidly increasing due to its
increasing use in number of industries.
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The global formulation additives market is propelled by number of factors such as increasing use of
formulation additives in construction and transportation industries, rising demand for formulation
additives in oil & gas manufacturing, food & beverage. However, increasing prices of raw materials is a
major hindrance for the growth of global formulation market.
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Key players in the global formulation additives include BASF, Eastman, Evonik, BYK Additives, Dow, Cabot,
Allnex, Münzing, Arkema, Honeywell, Momentive
For the purpose of this study, Reports and Data have segmented the Formulation additives market on
the basis of type, end use, and region
Type (Revenue, USD Million; 2016–2026)
• Defoamers
• Rheology modifiers
• Others
End Use (Revenue, USD Million; 2016–2026)
• Construction
• Industrial & Oil & Gas
• Transportation
• Furniture & Flooring
• Food & Beverage
• Others (pharmaceutical, printing, cosmetics)
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Regional Outlook (Revenue, USD Million; 2019-2026, and Volume Metric Tons-2026)
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
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About Us
A b oOuutr U Aspproach
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