The global waterborne coating additives market is expected to reach USD 4.11 billion by 2022, according to a new report by Grand View Research, Inc. High rate of commercialization of waterborne coatings on account of growing consumer preference towards low toxicity and VOC content may be attributed for high growth. Advancements in formulation techniques along with increasing requirement for multi-functional additives are also expected to fuel their demand over next seven years. Waterborne coatings have penetrated approximately 90% in architectural segment in mature markets of North America and Europe as a drop-in substitute to petroleum derived solvent borne counterparts.
http://www.grandviewresearch.com/industry-analysis/waterborne-coating-additives-market
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