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Paint and Coating Thickeners Market by Types (Water Based, Solvent Based and Others), End-users (Building and Construction, Packaging, Transportation, Textile, Industrial and Others) and By Geography - Global Driver, Restraints, Opportunities, Trends, and Forecast to 2028- Product Image
Paint and Coating Thickeners Market by Types (Water Based, Solvent Based and Others), End-users (Building and Construction, Packaging, Transportation, Textile, Industrial and Others) and By Geography - Global Driver, Restraints, Opportunities, Trends, and Forecast to 2028- Product Image
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Paint and Coating Thickeners Market by Types (Water Based, Solvent Based and Others), End-users (Building and Construction, Packaging, Transportation, Textile, Industrial and Others) and By Geography - Global Driver, Restraints, Opportunities, Trends, and Forecast to 2028

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  • 100 Pages
  • October 2023
  • Region: Global
  • IHR Insights
  • ID: 4746065
UP TO OFF until Dec 31st 2024
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The paint and coating thickeners market involves materials that are used to increase the viscosity or thickness of paints, coatings, and related products. Thickeners play a crucial role in adjusting the rheological properties of these formulations, which affects their application, coverage, and overall performance. The choice of thickeners depends on factors such as the type of paint or coating, the desired consistency, the application method, and the final appearance. The paints and coatings industry serves a wide range of sectors, including construction, automotive, industrial manufacturing, marine, and more. Each of these industries requires specific types of coatings with tailored properties, driving the need for a variety of thickeners to meet their unique requirements, thus, propelling the growth of the paint and coating thickeners market. On the other hand, the shifting geopolitical structure of different nations can affect the market as well as the variations in raw material prices also negatively impact the market growth. The Paint and Coating Thickeners Market is projected to grow at rate of 4.2% CAGR by 2028.

Paint and Coating Thickeners Market on the basis of Types:

  • Water Based
  • Solvent Based
  • Others

Paint and Coating Thickeners Market on the basis of End-users:

  • Building and Construction
  • Transportation
  • Packaging
  • Textile
  • Industrial
  • Others

Paint and Coating Thickeners Market on the basis of Geography:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World
According to the type segmentation, the market is segmented into Water Based, Solvent Based and Others. Water-based segment is contributing heavily towards the market. It is expected to grow at a highest CAGR during the forecast period. Water-based paints and coatings were experiencing increased demand due to their lower VOC content and reduced environmental impact. Thickeners compatible with water-based systems were in high demand to meet regulatory requirements and consumer expectations.

Further, the end user segmentation is divided into Building and Construction, Packaging, Transportation, Textile, Industrial and Others. Building & construction end user segment is dominating the paint and coating thickeners market. The next major end user segment contributing towards the market is Transportation. Transportation largely uses thickeners in paints and coatings. The packaging segment is expected to grow rapidly with a high CAGR pushing the paint and coating thickeners market demand to grow during the forecast period.

According to the paint and coating thickeners market based on geography Asia Pacific is dominating the market of paint and coating thickeners during the forecast period followed by North America and Europe. Paint and coating thickeners is used in various applications. The growth of the end-use industries is likely to drive the growth of the market during the forecast period. The companies working in the manufacturing of paint and coating thickeners are actively participating to increase their product ranges along with improvements in supply networks and thus enhancing their positions in the paint and coating thickeners market.

The trend of sustainability and environmental consciousness was across the world driving the demand for thickeners derived from renewable sources, as well as those with minimal environmental impact. Water-based coatings and thickeners that help reduce volatile organic compound (VOC) emissions were gaining prominence due to stricter regulations and consumer preferences for eco-friendly products.

The leading players of the paint and coating thickeners market are BASF SE, Akzo Nobel N.V., Arkema S.A., Ashland Global Specialty Chemicals Inc., Axalta Coating Systems, Clariant AG, DuPont de Nemours, Inc, RPM International Inc., SAN NOPCO LIMITED and The ALTANA Group.

Thus, the paint and coating thickeners market is influenced by factors such as advancements in formulation technology, environmental regulations, consumer preferences for sustainable products, and the demand for paints and coatings with enhanced performance characteristics. Manufacturers continually work to develop innovative thickeners that meet evolving industry requirements while maintaining compatibility with different paint and coating systems.
  • The report analyzes the geographical highlights in terms of consumption of the product/service within the region also indicates the factors which are affecting the paint and coating thickeners market within each region.
  • The report consists of opportunities and challenges faced by the players in the global paint and coating thickeners market.
  • The report implies the regional and segmental analysis which is projected to witness the fastest growth.
  • Provides competitive outlook which includes the market ranking of the key players, coupled with new product launches, partnerships, business expansions, and acquisitions.

Table of Contents

1. Executive Summary
2. Industry Outlook
2.1. Industry Overview
2.2. Industry Trends
3. Market Snapshot
3.1. Market Definition
3.2. Market Outlook
3.2.1. Porter Five Forces
3.3. Related Markets
4. Market characteristics
4.1. Market Overview
4.2. Market Segmentation
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. DRO - Impact Analysis
5. Type: Market Size & Analysis
5.1. Overview
5.2. Water Based
5.3. Solvent Based
5.4. Others
6. End-users: Market Size & Analysis
6.1. Overview
6.2. Building and Construction
6.3. Packaging
6.4. Transportation
6.5. Textile
6.6. Industrial
6.7. Others
7. Geography: Market Size & Analysis
7.1. Overview
7.2. North America
7.3. Europe
7.4. Asia Pacific
7.5. Rest of the World
8. Competitive Landscape
8.1. Competitor Comparison Analysis
8.2. Market Developments
8.2.1. Mergers and Acquisitions, Legal, Awards, Partnerships
8.2.2. Product Launches and execution
9. Vendor Profiles
9.1. BASF SE
9.1.1. Overview
9.1.2. Financial Overview
9.1.3. Product Offerings
9.1.4. Developments
9.1.5. Business Strategy
9.2. Akzo Nobel N.V.
9.2.1. Overview
9.2.2. Financial Overview
9.2.3. Product Offerings
9.2.4. Developments
9.2.5. Business Strategy
9.3. Arkema S.A.
9.3.1. Overview
9.3.2. Financial Overview
9.3.3. Product Offerings
9.3.4. Developments
9.3.5. Business Strategy
9.4. Ashland Global Specialty Chemicals Inc.
9.4.1. Overview
9.4.2. Financial Overview
9.4.3. Product Offerings
9.4.4. Developments
9.4.5. Business Strategy
9.5. Axalta Coating Systems
9.5.1. Overview
9.5.2. Financial Overview
9.5.3. Product Offerings
9.5.4. Developments
9.5.5. Business Strategy
9.6. Clariant AG
9.6.1. Overview
9.6.2. Financial Overview
9.6.3. Product Offerings
9.6.4. Developments
9.6.5. Business Strategy
9.7. DuPont de Nemours, Inc
9.7.1. Overview
9.7.2. Financial Overview
9.7.3. Product Offerings
9.7.4. Developments
9.7.5. Business Strategy
9.8. RPM International Inc.
9.8.1. Overview
9.8.2. Financial Overview
9.8.3. Product Offerings
9.8.4. Developments
9.8.5. Business Strategy
9.9. SAN NOPCO LIMITED
9.9.1. Overview
9.9.2. Financial Overview
9.9.3. Product Offerings
9.9.4. Developments
9.9.5. Business Strategy
9.10. The ALTANA Group
9.10.1. Overview
9.10.2. Financial Overview
9.10.3. Product Offerings
9.10.4. Developments
9.10.5. Business Strategy
10. Analyst Opinion
11. Annexure
11.1. Report Scope
11.2. Market Definitions
11.3. Research Methodology
11.3.1. Data Collation and In-house Estimation
11.3.2. Market Triangulation
11.3.3. Forecasting
11.4. Report Assumptions
11.5. Declarations
11.6. Stakeholders
11.7. Abbreviations
List of Tables
Table 1. Global Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 2. Global Paint and Coating Thickeners Market Value for Water Based, by Geography, 2022-2028 (Usd Billion)
Table 3. Global Paint and Coating Thickeners Market Value for Solvent Based, by Geography, 2022-2028 (Usd Billion)
Table 4. Global Paint and Coating Thickeners Market Value for Others, by Geography, 2022-2028 (Usd Billion)
Table 5. Global Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (Usd Billion)
Table 6. Global Paint and Coating Thickeners Market Value for Building and Construction, 2022-2028 (Usd Billion)
Table 7. Global Paint and Coating Thickeners Market Value for Packaging, by Geography, 2022-2028 (Usd Billion)
Table 8. Global Paint and Coating Thickeners Market Value for Transportation, by Geography, 2022-2028 (Usd Billion)
Table 9. Global Paint and Coating Thickeners Market Value for Textile, by Geography, 2022-2028 (Usd Billion)
Table 10. Global Paint and Coating Thickeners Market Value for Industrial, by Geography, 2022-2028 (Usd Billion)
Table 11. Global Paint and Coating Thickeners Market Value for Others, by Geography, 2022-2028 (Usd Billion)
Table 12. North America Paint and Coating Thickeners Market Value, by Country, 2022-2028 (Usd Billion)
Table 13. North America Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 14. North America Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (Usd Billion)
Table 15. U.S Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 16. U.S Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (Usd Billion)
Table 17. Canada Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 18. Canada Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (Usd Billion)
Table 19. Europe Paint and Coating Thickeners Market Value, by Country, 2022-2028 (Usd Billion)
Table 20. Europe Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 21. Europe Paint and Coating Thickeners Market Value, End-Users, 2022-2028 (Usd Billion)
Table 22. Germany Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 23. Germany Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (Usd Billion)
Table 24. U.K Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 25. U.K Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (Usd Billion)
Table 26. France Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 27. France Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (Usd Billion)
Table 28. Italy Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 29. Italy Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (Usd Billion)
Table 30. Spain Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 31. Spain Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (Usd Billion)
Table 32. Roe Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 33. Roe Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (Usd Billion)
Table 34. Asia Pacifc Paint and Coating Thickeners Market Value, by Country, 2022-2028 (Usd Billion)
Table 35. Asia Pacifc Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 36. Asia Pacifc Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (Usd Billion)
Table 37. China Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 38. China Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (Usd Billion)
Table 39. India Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 40. India Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (Usd Billion)
Table 41. Japan Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 42. Japan Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (Usd Billion)
Table 43. Rest of APAC Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 44. Rest of APAC Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (Usd Billion)
Table 45. Rest of World Paint and Coating Thickeners Market Value, by Type, 2022-2028 (Usd Billion)
Table 46. Rest of World Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (Usd Billion)
Table 47. Basf Se: Financials
Table 48. Basf Se: Products & Services
Table 49. Basf Se: Recent Developments
Table 50. Akzo Nobel N.V.: Financials
Table 51. Akzo Nobel N.V.: Products & Services
Table 52. Akzo Nobel N.V.: Recent Developments
Table 53. Arkema S.A.: Financials
Table 54. Arkema S.A.: Products & Services
Table 55. Arkema S.A.: Recent Developments
Table 56. Ashland Global Specialty Chemicals Inc.: Financials
Table 57. Ashland Global Specialty Chemicals Inc.: Products & Services
Table 58. Ashland Global Specialty Chemicals Inc.: Recent Developments
Table 59. Axalta Coating Systems: Financials
Table 60. Axalta Coating Systems: Products & Services
Table 61. Axalta Coating Systems: Recent Developments
Table 62. Clariant Ag: Financials
Table 63. Clariant Ag: Products & Services
Table 64. Clariant Ag: Recent Developments
Table 65. Dupont De Nemours, Inc: Financials
Table 66. Dupont De Nemours, Inc: Products & Services
Table 67. Dupont De Nemours, Inc: Recent Developments
Table 68. Rpm International Inc.: Financials
Table 69. Rpm International Inc.: Products & Services
Table 70. Rpm International Inc.: Recent Developments
Table 71. San Nopco Limited: Financials
Table 72. San Nopco Limited: Products & Services
Table 73. San Nopco Limited: Recent Developments
Table 74. The Altana Group: Financials
Table 75. The Altana Group: Products & Services
Table 76. The Altana Group: Recent Developments
List of Charts
Chart 1. Global Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 2. Global Paint and Coating Thickeners Market Value for Water Based, by Geography, 2022-2028 (USD Billion)
Chart 3. Global Paint and Coating Thickeners Market Value for Solvent Based, by Geography, 2022-2028 (USD Billion)
Chart 4. Global Paint and Coating Thickeners Market Value for Others, by Geography, 2022-2028 (USD Billion)
Chart 5. Global Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (USD Billion)
Chart 6. Global Paint and Coating Thickeners Market Value for Building and Construction, 2022-2028 (USD Billion)
Chart 7. Global Paint and Coating Thickeners Market Value for Packaging, by Geography, 2022-2028 (USD Billion)
Chart 8. Global Paint and Coating Thickeners Market Value for Transportation, by Geography, 2022-2028 (USD Billion)
Chart 9. Global Paint and Coating Thickeners Market Value for Textile, by Geography, 2022-2028 (USD Billion)
Chart 10. Global Paint and Coating Thickeners Market Value for Industrial, by Geography, 2022-2028 (USD Billion)
Chart 11. Global Paint and Coating Thickeners Market Value for Others, by Geography, 2022-2028 (USD Billion)
Chart 12. North America Paint and Coating Thickeners Market Value, by Country, 2022-2028 (USD Billion)
Chart 13. North America Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 14. North America Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (USD Billion)
Chart 15. U.S Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 16. U.S Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (USD Billion)
Chart 17. Canada Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 18. Canada Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (USD Billion)
Chart 19. Europe Paint and Coating Thickeners Market Value, by Country, 2022-2028 (USD Billion)
Chart 20. Europe Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 21. Europe Paint and Coating Thickeners Market Value, End-Users, 2022-2028 (USD Billion)
Chart 22. Germany Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 23. Germany Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (USD Billion)
Chart 24. U.K Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 25. U.K Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (USD Billion)
Chart 26. France Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 27. France Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (USD Billion)
Chart 28. Italy Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 29. Italy Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (USD Billion)
Chart 30. Spain Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 31. Spain Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (USD Billion)
Chart 32. Roe Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 33. Roe Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (USD Billion)
Chart 34. Asia Pacifc Paint and Coating Thickeners Market Value, by Country, 2022-2028 (USD Billion)
Chart 35. Asia Pacifc Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 36. Asia Pacifc Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (USD Billion)
Chart 37. China Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 38. China Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (USD Billion)
Chart 39. India Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 40. India Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (USD Billion)
Chart 41. Japan Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 42. Japan Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (USD Billion)
Chart 43. Rest of APAC Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 44. Rest of APAC Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (USD Billion)
Chart 45. Rest of World Paint and Coating Thickeners Market Value, by Type, 2022-2028 (USD Billion)
Chart 46. Rest of World Paint and Coating Thickeners Market Value, by End-Users, 2022-2028 (USD Billion)

Companies Mentioned

  • BASF SE
  • Akzo Nobel N.V.
  • Arkema S.A.
  • Ashland Global Specialty Chemicals Inc.
  • Axalta Coating Systems
  • Clariant AG
  • DuPont de Nemours Inc
  • RPM International Inc.
  • SAN NOPCO LIMITED
  • The ALTANA Group

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