It is also a sizable market: According to a 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 worth $5.12 billion.
Kusumgar, Nerlfi & Growney estimate that 2.53 billion pounds worth of additives were used in 2017, and predict that the market will grow by 4% annually. The consultants add that the five leading additives types make up 2.5% of the world’s volume output of coatings and inks in 2017.
The past year was a challenging one for waxes and additives manufacturers, as raw materials were a serious concern, but leading suppliers reported gains in their respective segments.
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