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    Breaking News

    Research: Global Consumption of Five Leading Coating, Ink Additives Worth $5.12 Billion in 2017

    Kusumgar, Nerlfi & Growney find the five leading additives comprised 2.5% of the world’s volume output of coatings and inks.

    Research: Global Consumption of Five Leading Coating, Ink Additives Worth $5.12 Billion in 2017
    07.16.18
    According to a new study by the consulting firm Kusumgar, Nerlfi & Growney, global consumption of five of the leading coating and ink additives (rheology modifiers, dispersants, foam control, wetting, and slip & rub) was 2.53 billion pounds in 2017 worth $5.12 billion. A four% annual rate of growth is forecast for these additives through 2022 which about matches the overall growth of the 102 billion pounds of coatings and inks produced in 2017.
     
    Resins, pigment and fillers, and water and solvent comprise over 95% of the ingredients employed in coatings and inks. However, it is the small volume additives that maximize the manufacture process, stability, appearance, performance and application properties of a formulation. The five leading additives comprised 2.5% of the world’s volume output of coatings and inks in 2017. Coatings and inks continue to change to meet application, performance, environmental and consumer demands. Additives are the small volume materials used to achieve successful products.
     
    Table 1 summarizes additive consumption by coating and ink technology. Water-based technology took 70% of the additive volume and 59% of the value and is growing five%/yr. WB architectural coatings took 80% of the water-based additive pounds and 70% of the dollars. Solvent-based technology consumed 27% of the additive pounds and 37% of the dollars and is growing at a more modest 3% annual rate. The 100% solids technologies include powder, radcure and other 100% solid liquids. They utilized 3% of the additive pounds and 5% of the dollars and are increasing 5%/yr.
     
    The above information is contained in Kusumgar, Nerlfi & Growney’s just released study, Global Coating & Ink Additives, 2017-2022 which is available through subscription: (201) 773-0785 or nerlfikng@cs.com.

    Table 1 
    ADDITIVE USAGE BY COATING & INK TECHNOLOGY, IN MILLIONS
    Technology 2017 2022 AGR
    LB $ LB $
    Water-Based 1765 3000 2210 3700 5
    Solvent-Based 690 1880 780 2110 3
    100 percent Solids 75 240 96 310 5
    Total 2530 5120 3086 6120 4
     
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