Europe Coating Additives Market By Type, By Formulation, By End Use, By Function, By Country, Opportunity Analysis and Industry Forecast, 2021-2027

The Europe Coating Additives Market is expected to witness market growth of 4.3% CAGR during the forecast period (2021-2027).

Coating additives are frequently being utilized as basic components to improve coating formulation quality and application. Little quantities of these chemicals are usually applied to coatings in order to enhance their performance and efficacy. Coating additives provide increased longevity, improved visual appeal, and resistance to corrosion and other environmental effects. These formulas can also improve the overall texture and finish of the coating.

Among all the applications in which coating additives can be utilized, the automobile industry is significantly employing coating additives amid their production processes. In the automotive industry, additives are used in coating formulas for improved surface and environmental protection, texture enhancement, scratch resistance, and corrosion resistance on parts and components. The expanding customer preference for a long-lasting and attractive finish, as well as the growing popularity of bespoke coatings, will significantly increase product demand.

Major R&D investments are being made by businesses in order to bring development in the coating additives. Moreover, increased demand for paints and coatings additives along with the expansion of production facilities across Europe is expected to increase the manufacturing of coating additives and is expected to make it more accessible for the people across the region. Also, a rise in architectural development in the country has boosted coating additive sales.

The Germany market dominated the Europe Coating Additives Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $632.4 million by 2027. The UK market is expected to witness a CAGR of 3.5% during (2021 - 2027). Additionally, The France market is experiencing a CAGR of 5.1% during (2021 - 2027).

Based on Type, the market is segmented into Acrylic, Fluoropolymers, Urethanes, Metallic Additives, and Others. Based on Formulation, the market is segmented into Water-borne Coating, Solvent-borne Coating, Solventless Coating, Powder Coating, and Radiation Curable Coating. Based on End Use, the market is segmented into Architectural, Automotive, Industrial, Wood & Furniture, and Others. Based on Function, the market is segmented into Rheology Modification, Anti-foaming, Wetting & Dispersion, Biocides, Impact Modification, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Akzo Nobel N.V., The Dow Chemical Company, BASF SE, Arkema S.A., Evonik Industries AG (RAG-Stiftung), Momentive Performance Materials, Inc., Lanxess AG, Eastman Chemical Company, Clariant AG, and Elementis PLC.

Scope of the Study

Market Segments Covered in the Report:

By Type

• Acrylic
• Fluoropolymers
• Urethanes
• Metallic Additives
• Others

By Formulation

• Water-borne Coating
• Solvent-borne Coating
• Solventless Coating
• Powder Coating
• Radiation Curable Coating

By End Use

• Architectural
• Automotive
• Industrial
• Wood & Furniture
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• Akzo Nobel N.V.
• The Dow Chemical Company
• BASF SE
• Arkema S.A.
• Evonik Industries AG (RAG-Stiftung)
• Momentive Performance Materials, Inc.
• Lanxess AG
• Eastman Chemical Company
• Clariant AG
• Elementis PLC

Unique Offerings from the Publisher

• Exhaustive coverage
• The highest number of market tables and figures
• Subscription-based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free