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Coating Additives Market by Type (defoamers, wetting & dispersing agents, rheology modifiers), Formulation(water-borne, solvent-borne), Application(architectural, industrial, automotive & transportation, wood & furniture), Region - Forecast to 2028

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    Report

  • 272 Pages
  • September 2023
  • Region: Global
  • Markets and Markets
  • ID: 5886470
Description Jump to:

The coating additives market is poised for significant growth, with a projected value of USD 8.3 billion in 2023 to USD 10.5 billion by 2028, at a CAGR of 4.7%. Cutting-edge high-performance and multifunctional additives are driving innovation in the coating industry. This innovation is ushering in an era where coatings become versatile protective shields, combining both protection and enhanced functionality. Multifunctional additives present an exciting opportunity in the coating additives market by offering various benefits to coatings, including improved durability, resistance to scratches, self-cleaning capabilities, and antimicrobial protection. The enhanced scratch resistance, a key feature of high-performance additives, aligns well with industries that prioritize both aesthetics and long-lasting performance. As the demand for coatings with expanded capabilities rises, the development and promotion of high-performance and multifunctional additives are not just opportunities but essential strategies. These additives not only fuel technical innovation but also open doors to emerging market segments, positioning industry players at the forefront of the ever-evolving landscape of coating additives.

Rheology modifier was the largest type in coating additives market in 2022, in terms of value

Rheology modifiers are additives strategically employed to manage the viscosity and flow properties of paints and coatings. They wield a significant influence over pivotal attributes within the realm of paints and coatings, including but not limited to leveling, flow, gloss, adhesion, film thickness, coverage capacity, susceptibility to settling, and pigment stability. The primary reason for the increasing demand for these additives can be traced to the expansion of the construction and industrial sectors. These industries often depend on coatings to protect and improve the quality of their products, and rheology modifiers are indispensable tools in enhancing the performance and application characteristics of these coatings.

Architectural is projected to be the largest application of coating additives market during the forecasted period

The security and protection segment asserted its dominance in the market throughout 2022 and is expected to sustain its leadership position until 2028. This enduring prominence is underpinned by the surging demand emanating from emerging economies like China, Brazil, and India. These economies are pivotal consumers, employing aramid fibers for various military, industrial, and civil applications. The escalating need for thermal and ballistic protection in civil law enforcement and armed forces, driven by the rising challenges of insurgency and terrorism, further reinforces the segment's market leadership, heralding significant growth potential in this domain.

Europe is estimated to be the second-largest coating additives market between 2023 and 2028, in terms of value

In 2022, Europe stands as the second-largest market for coating additives in terms of value. The European market operates under the regulatory framework of the Registration, Evaluation, Authorization, and Restriction of Chemical Substances (REACH). REACH plays a pivotal role in overseeing and providing guidelines to safeguard the environment and mitigate health risks associated with chemicals. Notably, the stringent regulations enforced by REACH have led to a consistent reduction in the use of high Volatile Organic Compound (VOC)-emitting resins in coatings across the region. Key manufacturing hubs for airplanes and automobiles, including countries like Germany, Spain, France, and Russia, are driving the demand for waterborne coating additives. This surge in demand is solidifying the region's robust global position in the coating additives market.

In the meticulous process of determining and verifying market sizes for multiple segments and subsegments, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:

  • By Company Type: Tier 1 - 69%, Tier 2 - 23%, and Tier 3 - 8%
  • By Designation: Director Level - 27%, C-Level - 25%, and Others - 48%
  • By Region: North America - 32%, Europe - 28%, Asia Pacific - 21%, South America - 12%, and Middle East & Africa - 7%

The key market players illustrated in the report include Evonik Industries AG(Germany), ALTANA AG(Germany), BASF SE(Germany), Dow Inc.(US), Nouryon(Netherlands), Arkema S.A.(France), ELEMENTIS PLC(UK), Allnex GMBH(Germany), Arkema S.A.(France), Eastman   Chemical Company(US), and Ashland Inc.(US).

Research Coverage

This report segments the market for coating additives on the basis of type, formulation, application, and region, and provides estimations for the overall volume (Kiloton) and value (USD Million) of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for coating additives.

Reasons to buy this report

This research report is focused on various levels of analysis - industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the aramid fiber market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

Analysis of key drivers (Growing demand for waterborne chemistry, Prominence on high-performance and multifunctional additives, Rising demand for environmental-friendly products, Collective demand for corrosion protection), restraints (Raw material price instability, Regulatory compliance challenges), and challenges (Rising demand from building and construction sectors, Mounting automotive and aerospace sectors) Opportunities (Technical lumps to innovation)

  • Market Penetration: Comprehensive information on aramid fiber offered by top players in the global coating additives market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the coating additives market
  • Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the markets for coating additives across regions
  • Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global coating additives market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the coating additives market
  • Impact of recession on coating additives market

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.2.2 Definition and Inclusions, by Type
1.2.3 Definition and Inclusions, by Application
1.2.4 Definition and Inclusions, by Formulation
1.3 Study Scope
Figure 1 Coating Additives: Market Segmentation
1.3.1 Regions Covered
1.3.2 Years Considered
1.4 Currency Considered
1.5 Units Considered
1.6 Limitations
1.7 Stake Holders
1.8 Summary of Changes

2 Research Methodology
2.1 Research Data
Figure 2 Coating Additives Market: Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Primary Interviews - Demand and Supply Sides
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Approach 1 (Supply Side)
Figure 4 Market Size Estimation Methodology: Approach 1 Bottom-Up (Supply Side)- Collective Revenue of All Products
Figure 5 Market Size Estimation Methodology: Approach 2 - Bottom-Up (Demand Side)
2.2.2 Top-Down Approach
Figure 6 Market Size Estimation Methodology: Approach 3 - Top-Down
2.3 Data Triangulation
Figure 7 Coating Additives Market: Data Triangulation
2.4 Growth Rate Assumptions
2.4.1 Supply Side
Figure 8 Market CAGR Projections from Supply Side
2.4.2 Demand Side
Figure 9 Market Growth Projections from Demand-Side: Drivers and Opportunities
2.5 Factor Analysis
2.6 Assumptions
2.7 Risk Assessment
Table 1 Coating Additives Market: Risk Assessment

3 Executive Summary
Figure 10 Architectural to Witness Highest CAGR in Coating Additives Market During Forecast Period
Figure 11 Rheology Modifiers to Lead Coating Additives Market During Forecast Period
Figure 12 Water-Borne Coatings to Dominate Global Coating Additives Market During Forecast Period
Figure 13 Asia-Pacific to Register Highest CAGR in Coating Additives Market

4 Premium Insights
4.1 Attractive Opportunities for Players in Coating Additives Market
Figure 14 Asia-Pacific to Lead Coating Additives Market During Forecast Period
4.2 Coating Additives Market, by Region
Figure 15 Asia-Pacific to Register Highest CAGR During Forecast Period
4.3 Asia-Pacific: Coating Additives Market, by Application and Country, 2022
Figure 16 China Led Coating Additives Market in Asia-Pacific in 2022
4.4 Coating Additives Market Size, by Formulation Vs. Region
Figure 17 Water-Borne Formulations Dominated Coating Additives Market in 2022
4.5 Coating Additives Market, by Key Country
Figure 18 India to Register Highest CAGR During Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 19 Drivers, Restraints, Opportunities, and Challenges in Coating Additives Market
5.2.1 Drivers
5.2.1.1 Rising Demand for Waterborne Chemistry
5.2.1.2 Focus on High-Performance and Multifunctional Additives
5.2.1.3 Growing Demand for Environmental-Friendly Products
5.2.1.4 Increasing Demand for Corrosion Protection
5.2.2 Restraints
5.2.2.1 Raw Material Price Volatility
5.2.2.2 Regulatory Compliance Challenges
5.2.3 Opportunities
5.2.3.1 Growing Demand from Building and Construction Sectors
5.2.3.2 Expanding Automotive and Aerospace Sectors
5.2.4 Challenges
5.2.4.1 Technical Barriers to Innovation
5.3 Porter's Five Forces Analysis
Figure 20 Porter's Five Forces Analysis of Coating Additives Market
5.3.1 Threat of Substitutes
5.3.2 Threat of New Entrants
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
Table 2 Coating Additives Market: Porter's Five Forces Analysis
5.4 Macroeconomic Indicators
5.4.1 Gdp Trends and Forecast
Table 3 Gdp Trends and Forecast, by Major Economy, 2021-2028 (USD Billion)

6 Industry Trends
6.1 Supply Chain Analysis
Figure 21 Coating Additives Market: Supply Chain
6.1.1 Raw Material
6.1.2 Manufacturing
6.1.3 Distribution to End-users
6.2 Trends & Disruptions Impacting Customer's Business
Figure 22 Revenue Shift for Coating Additives Market
6.3 Ecosystem Mapping
Figure 23 Coating Additives Market: Ecosystem
Table 4 Coating Additives Market: Ecosystem
6.4 Case Studies
6.4.1 Transforming Coating Aesthetics with Matting Agents from J.M. Huber Corporation
6.5 Technology Analysis
6.5.1 Streamlining Coating Formulation: Clariant's Claricoat Digital Platform
6.6 Key Stakeholders and Buying Criteria
6.6.1 Key Stakeholders in Buying Process
Figure 24 Influence of Stakeholders on Buying Process for Top Three Applications
Table 5 Influence of Stakeholders on Buying Process for Top Three Applications (%)
6.6.2 Buying Criteria
Figure 25 Key Buying Criteria for Top Three Applications
Table 6 Key Buying Criteria for Top Three Applications
6.7 Pricing Analysis
6.7.1 Average Selling Price Trend, by Region
Figure 26 Average Selling Price Trend of Coating Additives, by Region (Usd/Kg)
Table 7 Average Selling Price Trend of Coating Additives, by Region (Usd/Kg)
6.7.2 Average Selling Price Trend of Key Players, by Application
Figure 27 Average Selling Price Trend of Key Players, by Application
Table 8 Average Selling Price Trend of Key Players, by Application (Usd/Kg)
6.8 Trade Data
6.8.1 Import Scenario of Coating Additives
Figure 28 Coating Additives Imports, by Key Country, 2013-2022
Table 9 Coating Additives Imports, by Region, 2013-2022 (USD Million)
6.8.2 Export Scenario of Coating Additives
Figure 29 Coating Additives Exports, by Key Country, 2013-2022
Table 10 Coating Additives Exports, by Region, 2013-2022 (USD Million)
6.9 Global Regulatory Framework and Its Impact on Coating Additives Market
6.9.1 Regulations Related to Coating Additives Market
Table 11 Regulatory Bodies, Government Agencies, and Other Organizations
6.10 Key Conferences & Events in 2023-2024
Table 12 Coating Additives Market: Conferences & Events
6.11 Patent Analysis
6.11.1 Approach
6.11.2 Document Type
Table 13 Patent Status and Count
Figure 30 Patents Registered in Coating Additives Market, 2013-2023
Figure 31 Patent Publication Trends, 2013-2022
Figure 32 Legal Status of Patents Filed in Coating Additives Market
6.11.3 Jurisdiction Analysis
Figure 33 Maximum Patents Filed in Jurisdiction of US

7 Coating Additives Market, by Application
7.1 Introduction
Figure 34 Architectural Application to Dominate Coating Additives Market During Forecast Period
Table 14 Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 15 Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 16 Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 17 Coating Additives Market, by Application, 2022-2028 (Kiloton)
7.2 Architectural
7.2.1 Economic Growth, Construction Trends, and Environmental Policies to Drive Market
Table 18 Coating Additives Market in Architectural Application, by Region, 2017-2021 (USD Million)
Table 19 Coating Additives Market in Architectural Application, by Region, 2022-2028 (USD Million)
Table 20 Coating Additives Market in Architectural Application, by Region, 2017-2021 (Kiloton)
Table 21 Coating Additives Market in Architectural Application, by Region, 2022-2028 (Kiloton)
7.3 Industrial Application
7.3.1 Demand for High-Performance Coatings to Drive Market
Table 22 Coating Additives Market in Industrial Application, by Region, 2017-2021 (USD Million)
Table 23 Coating Additives Market in Industrial Application, by Region, 2022-2028 (USD Million)
Table 24 Coating Additives Market in Industrial Application, by Region, 2017-2021 (Kiloton)
Table 25 Coating Additives Market in Industrial Application, by Region, 2022-2028 (Kiloton)
7.4 Automotive & Transportation
7.4.1 Stringent Performance Requirements, Aesthetic Standards, and Environmental Regulations to Drive Market
Table 26 Coating Additives Market in Automotive & Transportation Application, by Region, 2017-2021 (USD Million)
Table 27 Coating Additives Market in Automotive & Transportation Application, by Region, 2022-2028 (USD Million)
Table 28 Coating Additives Market in Automotive & Transportation Application, by Region, 2017-2021 (Kiloton)
Table 29 Coating Additives Market in Automotive & Transportation Application, by Region, 2022-2028 (Kiloton)
7.5 Wood & Furniture
7.5.1 Increasing Purchasing Power of Customers to Drive Market
Table 30 Coating Additives Market in Wood & Furniture Application, by Region, 2017-2021 (USD Million)
Table 31 Coating Additives Market in Wood & Furniture Application, by Region, 2022-2028 (USD Million)
Table 32 Coating Additives Market in Wood & Furniture Application, by Region, 2017-2021 (Kiloton)
Table 33 Coating Additives Market in Wood & Furniture Application, by Region, 2022-2028 (Kiloton)
7.6 Other Applications
Table 34 Coating Additives Market in Other Applications, by Region, 2017-2021 (USD Million)
Table 35 Coating Additives Market in Other Applications, by Region, 2022-2028 (USD Million)
Table 36 Coating Additives Market in Other Applications, by Region, 2017-2021 (Kiloton)
Table 37 Coating Additives Market in Other Applications, by Region, 2022-2028 (Kiloton)

8 Coating Additives Market, by Formulation
8.1 Introduction
Figure 35 Water-Borne Formulation to Dominate Coating Additives Market During Forecast Period
Table 38 Coating Additives Market, by Formulation, 2017-2021 (USD Million)
Table 39 Coating Additives Market, by Formulation, 2022-2028 (USD Million)
Table 40 Coating Additives Market, by Formulation, 2017-2021 (Kiloton)
Table 41 Coating Additives Market, by Formulation, 2022-2028 (Kiloton)
8.2 Water-Borne
8.2.1 Rising Awareness Among Consumers Regarding Hazardous Chemicals Catalyzed to Drive Market
Table 42 Water-Borne Coating Additives Market, by Region, 2017-2021 (USD Million)
Table 43 Water-Borne Coating Additives Market, by Region, 2022-2028 (USD Million)
Table 44 Water-Borne Coating Additives Market, by Region, 2017-2021 (Kiloton)
Table 45 Water-Borne Coating Additives Market, by Region, 2022-2028 (Kiloton)
8.3 Solvent-Borne
8.3.1 Exceptional Durability and Resistance to Harsh Environments to Drive Market
Table 46 Solvent-Borne Coating Additives Market, by Region, 2017-2021 (USD Million)
Table 47 Solvent-Borne Coating Additives Market, by Region, 2022-2028 (USD Million)
Table 48 Solvent-Borne Coating Additives Market, by Region, 2017-2021 (Kiloton)
Table 49 Solvent-Borne Coating Additives Market, by Region, 2022-2028 (Kiloton)
8.4 Other Formulations
Table 50 Other Formulations Coating Additives Market, by Region, 2017-2021 (USD Million)
Table 51 Other Formulations Coating Additives Market, by Region, 2022-2028 (USD Million)
Table 52 Other Formulations Coating Additives Market, by Region, 2017-2021 (Kiloton)
Table 53 Other Formulations Coating Additives Market, by Region, 2022-2028 (Kiloton)

9 Coating Additives Market, by Type
9.1 Introduction
Figure 36 Rheology Modifiers Segment to Lead Coating Additives Market During Forecast Period
Table 54 Coating Additives Market, by Type, 2017-2021 (USD Million)
Table 55 Coating Additives Market, by Type, 2022-2028 (USD Million)
Table 56 Coating Additives Market, by Type, 2017-2021 (Kiloton)
Table 57 Coating Additives Market, by Type, 2022-2028 (Kiloton)
9.2 Defoamers
9.2.1 Wide Applications in Architectural, Industrial, Wood & Furniture, and Automotive Industries to Drive Market
Table 58 Defoamers: Coating Additives Market, by Region, 2017-2021 (USD Million)
Table 59 Defoamers: Coating Additives Market, by Region, 2022-2028 (USD Million)
Table 60 Defoamers: Coating Additives Market, by Region, 2017-2021 (Kiloton)
Table 61 Defoamers: Coating Additives Market, by Region, 2022-2028 (Kiloton)
9.3 Wetting & Dispersing Agents
9.3.1 Stringent Requirement for Color Reproducibility to Drive Market
Table 62 Wetting & Dispersing Agents: Coating Additives Market, by Region, 2017-2021 (USD Million)
Table 63 Wetting & Dispersing Agents: Coating Additives Market, by Region, 2022-2028 (USD Million)
Table 64 Wetting & Dispersing Agents: Coating Additives Market, by Region, 2017-2021 (Kiloton)
Table 65 Wetting & Dispersing Agents: Coating Additives Market, by Region, 2022-2028 (Kiloton)
9.4 Rheology Modifiers
9.4.1 Gloss, Adhesion, Film Thickness, Covering Power, Sedimentation Tendency, and Pigment Stabilization Properties to Drive Market
Table 66 Rheology Modifiers: Coating Additives Market, by Region, 2017-2021 (USD Million)
Table 67 Rheology Modifiers: Coating Additives Market, by Region, 2022-2028 (USD Million)
Table 68 Rheology Modifiers: Coating Additives Market, by Region, 2017-2021 (Kiloton)
Table 69 Rheology Modifiers: Coating Additives Market, by Region, 2022-2028 (Kiloton)
9.5 Other Types
Table 70 Others: Coating Additives Market, by Region, 2017-2021 (USD Million)
Table 71 Others: Coating Additives Market, by Region, 2022-2028 (USD Million)
Table 72 Others: Coating Additives Market, by Region, 2017-2021 (Kiloton)
Table 73 Others: Coating Additives Market, by Region, 2022-2028 (Kiloton)

10 Coating Additives Market, by Region
10.1 Introduction
Figure 37 Asia-Pacific to be Fastest-Growing Coating Additives Market Between 2023 and 2028
Table 74 Coating Additives Market, by Region, 2017-2021 (USD Million)
Table 75 Coating Additives Market, by Region, 2022-2028 (USD Million)
Table 76 Coating Additives Market, by Region, 2017-2021 (Kiloton)
Table 77 Coating Additives Market, by Region, 2022-2028 (Kiloton)
10.2 Asia-Pacific
Figure 38 Asia-Pacific: Coating Additives Market Snapshot
10.2.1 Recession Impact
10.2.2 Asia-Pacific: Coating Additives Market, by Type
Table 78 Asia-Pacific: Coating Additives Market, by Type, 2017-2021 (USD Million)
Table 79 Asia-Pacific: Coating Additives Market, by Type, 2022-2028 (USD Million)
Table 80 Asia-Pacific: Coating Additives Market, by Type, 2017-2021 (Kiloton)
Table 81 Asia-Pacific: Coating Additives Market, by Type, 2022-2028 (Kiloton)
10.2.3 Asia-Pacific: Coating Additives Market, by Formulation
Table 82 Asia-Pacific: Coating Additives Market, by Formulation, 2017-2021 (USD Million)
Table 83 Asia-Pacific: Coating Additives Market, by Formulation, 2022-2028 (USD Million)
Table 84 Asia-Pacific: Coating Additives Market, by Formulation, 2017-2021 (Kiloton)
Table 85 Asia-Pacific: Coating Additives Market, by Formulation, 2022-2028 (Kiloton)
10.2.4 Asia-Pacific: Coating Additives Market, by Application
Table 86 Asia-Pacific: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 87 Asia-Pacific: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 88 Asia-Pacific: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 89 Asia-Pacific: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.2.5 Asia-Pacific Coating Additives Market, by Country
Table 90 Asia-Pacific: Coating Additives Market, by Country, 2017-2021 (USD Million)
Table 91 Asia-Pacific: Coating Additives Market, by Country, 2022-2028 (USD Million)
Table 92 Asia-Pacific: Coating Additives Market, by Country, 2017-2021 (Kiloton)
Table 93 Asia-Pacific: Coating Additives Market, by Country, 2022-2028 (Kiloton)
10.2.5.1 China
10.2.5.1.1 Foreign Investments to Drive Market
Table 94 China: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 95 China: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 96 China: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 97 China: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.2.5.2 India
10.2.5.2.1 Boom in Real Estate Industry to Propel Market
Table 98 India: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 99 India: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 100 India: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 101 India: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.2.5.3 Japan
10.2.5.3.1 Investments in Real Estate Industry to Boost Demand
Table 102 Japan: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 103 Japan: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 104 Japan: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 105 Japan: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.2.5.4 South Korea
10.2.5.4.1 Presence of Major Automotive Manufacturers to Drive Market
Table 106 South Korea: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 107 South Korea: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 108 South Korea: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 109 South Korea: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.2.5.5 Indonesia
10.2.5.5.1 Foreign Investments in Infrastructure and Residential Construction to Drive Market
Table 110 Indonesia: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 111 Indonesia: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 112 Indonesia: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 113 Indonesia: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.3 North America
Figure 39 North America: Coating Additives Market Snapshot
10.3.1 Recession Impact
10.3.2 North America: Coating Additives Market, by Type
Table 114 North America: Coating Additives Market, by Type, 2017-2021 (USD Million)
Table 115 North America: Coating Additives Market, by Type, 2022-2028 (USD Million)
Table 116 North America: Coating Additives Market, by Type, 2017-2021 (Kiloton)
Table 117 North America: Coating Additives Market, by Type, 2022-2028 (Kiloton)
10.3.3 North America: Coating Additives Market, by Formulation
Table 118 North America: Coating Additives Market, by Formulation, 2017-2021 (USD Million)
Table 119 North America: Coating Additives Market, by Formulation, 2022-2028 (USD Million)
Table 120 North America: Coating Additives Market, by Formulation, 2017-2021 (Kiloton)
Table 121 North America: Coating Additives Market, by Formulation, 2022-2028 (Kiloton)
10.3.4 North America: Coating Additives Market, by Application
Table 122 North America: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 123 North America: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 124 North America: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 125 North America: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.3.5 North America: Coating Additives Market, by Country
Table 126 North America: Coating Additives Market, by Country, 2017-2021 (USD Million)
Table 127 North America: Coating Additives Market, by Country, 2022-2028 (USD Million)
Table 128 North America: Coating Additives Market, by Country, 2017-2021 (Kiloton)
Table 129 North America: Coating Additives Market, by Country, 2022-2028 (Kiloton)
10.3.5.1 US
10.3.5.1.1 Low Interest Rates and Improving Employment and Economy to Drive Growth
Table 130 US: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 131 US: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 132 US: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 133 US: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.3.5.2 Canada
10.3.5.2.1 Foreign Trade and Increasing Construction Projects to Fuel Demand
Table 134 Canada: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 135 Canada: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 136 Canada: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 137 Canada: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.3.5.3 Mexico
10.3.5.3.1 Growth of Tourism Industry to Drive Market
Table 138 Mexico: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 139 Mexico: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 140 Mexico: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 141 Mexico: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.4 Europe
Figure 40 Europe: Coating Additives Market Snapshot
10.4.1 Recession Impact
10.4.2 Europe: Coating Additives Market, by Type
Table 142 Europe: Coating Additives Market, by Type, 2017-2021 (USD Million)
Table 143 Europe: Coating Additives Market, by Type, 2022-2028 (USD Million)
Table 144 Europe: Coating Additives Market, by Type, 2017-2021 (Kiloton)
Table 145 Europe: Coating Additives Market, by Type, 2022-2028 (Kiloton)
10.4.3 Europe: Coating Additives Market, by Formulation
Table 146 Europe: Coating Additives Market, by Formulation, 2017-2021 (USD Million)
Table 147 Europe: Coating Additives Market, by Formulation, 2022-2028 (USD Million)
Table 148 Europe: Coating Additives Market, by Formulation, 2017-2021 (Kiloton)
Table 149 Europe: Coating Additives Market, by Formulation, 2022-2028 (Kiloton)
10.4.4 Europe: Coating Additives Market, by Application
Table 150 Europe: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 151 Europe: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 152 Europe: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 153 Europe: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.4.5 Europe: Coating Additives by Country
Table 154 Europe: Coating Additives Market, by Country, 2017-2021 (USD Million)
Table 155 Europe: Coating Additives Market, by Country, 2022-2028 (USD Million)
Table 156 Europe: Coating Additives Market, by Country, 2017-2021 (Kiloton)
Table 157 Europe: Coating Additives Market, by Country, 2022-2028 (Kiloton)
10.4.5.1 Germany
10.4.5.1.1 Favorable Economic Environment and Rising Demand for New Homes to Drive Growth
Table 158 Germany: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 159 Germany: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 160 Germany: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 161 Germany: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.4.5.2 UK
10.4.5.2.1 Growth of Construction Sector to Drive Market
Table 162 UK: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 163 UK: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 164 UK: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 165 UK: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.4.5.3 France
10.4.5.3.1 Reviving Economy, Coupled with Investments in Infrastructure, to Boost Demand
Table 166 France: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 167 France: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 168 France: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 169 France: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.4.5.4 Italy
10.4.5.4.1 New Project Finance Rules and Investment Policies to Boost Market
Table 170 Italy: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 171 Italy: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 172 Italy: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 173 Italy: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.4.5.5 Spain
10.4.5.5.1 Development in Automotive and Construction Industries to Drive Demand
Table 174 Spain: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 175 Spain: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 176 Spain: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 177 Spain: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.4.5.6 Russia
10.4.5.6.1 Growing Population to Fuel Demand in Residential Construction
Table 178 Russia: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 179 Russia: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 180 Russia: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 181 Russia: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.4.5.7 Turkey
10.4.5.7.1 Rapid Urbanization to Drive Market
Table 182 Turkey: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 183 Turkey: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 184 Turkey: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 185 Turkey: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.5 South America
10.5.1 Recession Impact
10.5.2 South America: Coating Additives Market, by Type
Table 186 South America: Coating Additives Market, by Type, 2017-2021 (USD Million)
Table 187 South America: Coating Additives Market, by Type, 2022-2028 (USD Million)
Table 188 South America: Coating Additives Market, by Type, 2017-2021 (Kiloton)
Table 189 South America: Coating Additives Market, by Type, 2022-2028 (Kiloton)
10.5.3 South America: Coating Additives Market, by Formulation
Table 190 South America: Coating Additives Market, by Formulation, 2017-2021 (USD Million)
Table 191 South America: Coating Additives Market, by Formulation, 2022-2028 (USD Million)
Table 192 South America: Coating Additives Market, by Formulation, 2017-2021 (Kiloton)
Table 193 South America: Coating Additives Market, by Formulation, 2022-2028 (Kiloton)
10.5.4 South America: Coating Additives Market, by Application
Table 194 South America: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 195 South America: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 196 South America: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 197 South America: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.5.5 South America: Coating Additives Market, by Country
Table 198 South America: Coating Additives Market, by Country, 2017-2021 (USD Million)
Table 199 South America: Coating Additives Market, by Country, 2022-2028 (USD Million)
Table 200 South America: Coating Additives Market, by Country, 2017-2021 (Kiloton)
Table 201 South America: Coating Additives Market, by Country, 2022-2028 (Kiloton)
10.5.5.1 Brazil
10.5.5.1.1 Growing Implementation of Various Infrastructure Projects to Drive Growth
Table 202 Brazil: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 203 Brazil: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 204 Brazil: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 205 Brazil: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.5.5.2 Argentina
10.5.5.2.1 Increase in Population and Improved Economic Conditions to Drive Market
Table 206 Argentina: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 207 Argentina: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 208 Argentina: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 209 Argentina: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.5.5.3 Chile
10.5.5.3.1 Economic Growth and Government Initiatives to Drive Market
Table 210 Chile: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 211 Chile: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 212 Chile: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 213 Chile: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.6 Middle East & Africa
10.6.1 Recession Impact
10.6.2 Middle East & Africa: Coating Additives Market, by Type
Table 214 Middle East & Africa: Coating Additives Market, by Type, 2017-2021 (USD Million)
Table 215 Middle East & Africa: Coating Additives Market, by Type, 2022-2028 (USD Million)
Table 216 Middle East & Africa: Coating Additives Market, by Type, 2017-2021 (Kiloton)
Table 217 Middle East & Africa: Coating Additives Market, by Type, 2022-2028 (Kiloton)
10.6.3 Middle East & Africa: Coating Additives Market, by Formulation
Table 218 Middle East & Africa: Coating Additives Market, by Formulation, 2017-2021 (USD Million)
Table 219 Middle East & Africa: Coating Additives Market, by Formulation, 2022-2028 (USD Million)
Table 220 Middle East & Africa: Coating Additives Market, by Formulation, 2017-2021 (Kiloton)
Table 221 Middle East & Africa: Coating Additives Market, by Formulation, 2022-2028 (Kiloton)
10.6.4 Middle East & Africa: Coating Additives Market, by Application
Table 222 Middle East & Africa: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 223 Middle East & Africa: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 224 Middle East & Africa: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 225 Middle East & Africa: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.6.5 Middle East & Africa: Coating Additives Market, by Country
Table 226 Middle East & Africa: Coating Additives Market, by Country, 2017-2021 (USD Million)
Table 227 Middle East & Africa: Coating Additives Market, by Country, 2022-2028 (USD Million)
Table 228 Middle East & Africa: Coating Additives Market, by Country, 2017-2021 (Kiloton)
Table 229 Middle East & Africa: Coating Additives Market, by Country, 2022-2028 (Kiloton)
10.6.5.1 Saudi Arabia
10.6.5.1.1 Significant Government Investments in Infrastructure Development to Boost Demand
Table 230 Saudi Arabia: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 231 Saudi Arabia: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 232 Saudi Arabia: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 233 Saudi Arabia: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.6.5.2 UAE
10.6.5.2.1 Developments in Ongoing Projects to Increase Demand for Coating Additives
Table 234 UAE: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 235 UAE: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 236 UAE: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 237 UAE: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.6.5.3 Qatar
10.6.5.3.1 Need for Protective and Decorative Coatings to Drive Market
Table 238 Qatar: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 239 Qatar: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 240 Qatar: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 241 Qatar: Coating Additives Market, by Application, 2022-2028 (Kiloton)
10.6.5.4 South Africa
10.6.5.4.1 Growing Manufacturing Sector to Present Immense Growth Opportunities
Table 242 South Africa: Coating Additives Market, by Application, 2017-2021 (USD Million)
Table 243 South Africa: Coating Additives Market, by Application, 2022-2028 (USD Million)
Table 244 South Africa: Coating Additives Market, by Application, 2017-2021 (Kiloton)
Table 245 South Africa: Coating Additives Market, by Application, 2022-2028 (Kiloton)

11 Competitive Landscape
11.1 Introduction
11.2 Strategies Adopted by Key Players
Table 246 Strategies Adopted by Key Coating Additive Manufacturers
11.3 Ranking of Key Market Players, 2022
Figure 41 Ranking of Top Five Players in Coating Additives Market, 2022
11.4 Market Share Analysis
Table 247 Coating Additives Market: Degree of Competition
Figure 42 Evonik Industries AG Accounted for Largest Share of Coating Additives Market in 2022
11.5 Revenue Analysis of Key Companies
Figure 43 Revenue Analysis of Key Companies During Last Five Years
11.6 Company Evaluation Matrix
11.6.1 Stars
11.6.2 Emerging Leaders
11.6.3 Pervasive Players
11.6.4 Participants
Figure 44 Company Evaluation Matrix for Coating Additives Market
11.6.5 Company Footprint
Figure 45 Coating Additives Market: Company Footprint
Table 248 Coating Additives Market: Type Footprint
Table 249 Coating Additives Market: Application Footprint
Table 250 Coating Additives Market: Formulation Footprint
Table 251 Coating Additives Market: Region Footprint
11.7 Startup/Sme Evaluation Matrix
11.7.1 Progressive Companies
11.7.2 Responsive Companies
11.7.3 Dynamic Companies
11.7.4 Starting Blocks
Figure 46 Startup/Sme Evaluation Matrix for Coating Additives Market
11.7.5 Competitive Benchmarking
Table 252 Coating Additives Market: Detailed List of Key Startups/Smes
Table 253 Coating Additives Market: Competitive Benchmarking of Key Startups/Smes
11.8 Competitive Situations and Trends
11.8.1 Product Launches
Table 254 Coating Additives Market: Product Launches (2020-2023)
11.8.2 Deals
Table 255 Coating Additives Market: Deals (2020-2023)
11.8.3 Other Developments
Table 256 Coating Additives Market: Other Developments (2020-2023)

12 Company Profiles
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices, Weaknesses and Competitive Threats) *
12.1 Major Players
12.1.1 Basf Se
Table 257 Basf Se: Company Overview
Figure 47 Basf Se: Company Snapshot
Table 258 Basf Se: Other Developments
12.1.2 Altana Ag
Table 259 Altana Ag: Company Overview
Figure 48 Altana Ag: Company Snapshot
Table 260 Altana Ag: Product Launches
Table 261 Altana Ag: Other Developments
12.1.3 Dow Inc.
Table 262 Dow Inc.: Company Overview
Figure 49 Dow Inc.: Company Snapshot
12.1.4 Nouryon
Table 263 Nouryon: Company Overview
Figure 50 Nouryon: Company Snapshot
Table 264 Nouryon: Product Launches
Table 265 Nouryon: Other Developments
12.1.5 Evonik Industries Ag
Table 266 Evonik Industries Ag: Company Overview
Figure 51 Evonik Industries Ag: Company Snapshot
Table 267 Evonik Industries Ag: Product Launches
Table 268 Evonik Industries Ag: Other Developments
12.1.6 Allnex GmbH
Table 269 Allnex GmbH: Company Overview
Table 270 Allnex GmbH: Product Launches
Table 271 Allnex GmbH: Deals
12.1.7 Arkema S.A.
Table 272 Arkema S.A.: Company Overview
Figure 52 Arkema S.A.: Company Snapshot
Table 273 Arkema S.A.: Deals
12.1.8 Eastman Chemical Company
Table 274 Eastman Chemical Company: Company Overview
Figure 53 Eastman Chemical Company: Company Snapshot
Table 275 Eastman Chemical Company: Product Launches
Table 276 Eastman Chemical Company: Other Developments
12.1.9 Elementis plc
Table 277 Elementis plc: Company Overview
Figure 54 Elementis plc: Company Snapshot
Table 278 Elementis plc: Product Launches
12.1.10 Ashland Inc.
Table 279 Ashland Inc.: Company Overview
Figure 55 Ashland Inc.: Company Snapshot
12.1.11 Lubrizol Corporation
Table 280 Lubrizol Corporation: Company Overview
12.1.12 Clariant Ag
Table 281 Clariant: Company Overview
Figure 56 Clariant Ag: Company Snapshot
12.1.13 Momentive Performance Materials Inc.
Table 282 Momentive Performance Materials Inc.: Company Overview
12.1.14 Münzing Corporation
Table 283 Münzing Corporation: Company Overview
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices, Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies.
12.2 Other Key Players
12.2.1 Huntsman Corporation
Table 284 Huntsman Corporation: Company Overview
12.2.2 Solvay S.A.
Table 285 Solvay S.A.: Company Overview
12.2.3 Deuteron GmbH
Table 286 Deuteron GmbH: Company Overview
12.2.4 Israel Chemicals Limited (Icl)
Table 287 Israel Chemicals Limited (Icl): Company Overview
12.2.5 Iro Group Inc.
Table 288 Iro Group Inc.: Company Overview
12.2.6 Raj Specialty Additives Pvt. Ltd.
Table 289 Raj Specialty Additives Pvt. Ltd.: Company Overview
12.2.7 Angus Chemical Company
Table 290 Angus Chemical Company: Company Overview
12.2.8 Croda International plc
Table 291 Croda International plc: Company Overview
12.2.9 Buckman Laboratories International, Inc.
Table 292 Buckman Laboratories International, Inc.: Company Overview
12.2.10 Michelman, Inc.
Table 293 Michelman, Inc.: Company Overview
12.2.11 Uniqchem GmbH
Table 294 Uniqchem GmbH: Company Overview

13 Adjacent and Related Markets
13.1 Introduction
13.2 Architectural Coatings Market
13.2.1 Market Definition
13.2.2 Market Overview
13.3 Architectural Coatings Market, by Region
13.3.1 Introduction
Table 295 Architectural Coatings Market, by Region, 2019-2022 (USD Million)
Table 296 Architectural Coatings Market, by Region, 2023-2028 (USD Million)
Table 297 Architectural Coatings Market, by Region, 2019-2022 (Kiloton)
Table 298 Architectural Coatings Market, by Region, 2023-2028 (Kiloton)
13.3.2 Asia-Pacific
Table 299 Asia-Pacific: Architectural Coatings Market, by Country, 2019-2022 (USD Million)
Table 300 Asia-Pacific: Architectural Coatings Market, by Country, 2023-2028 (USD Million)
Table 301 Asia-Pacific: Architectural Coatings Market, by Country, 2019-2022 (Kiloton)
Table 302 Asia-Pacific: Architectural Coatings Market, by Country, 2023-2028 (Kiloton)
13.3.3 North America
Table 303 North America: Architectural Coatings Market, by Country, 2019-2022 (USD Million)
Table 304 North America: Architectural Coatings Market, by Country, 2023-2028 (USD Million)
Table 305 North America: Architectural Coatings Market, by Country, 2019-2022 (Kiloton)
Table 306 North America: Architectural Coatings Market, by Country, 2023-2028 (Kiloton)
13.3.4 Europe
Table 307 Europe: Architectural Coatings Market, by Country, 2019-2022 (USD Million)
Table 308 Europe: Architectural Coatings Market, by Country, 2023-2028 (USD Million)
Table 309 Europe: Architectural Coatings Market, by Country, 2019-2022 (Kiloton)
Table 310 Europe: Architectural Coatings Market, by Country, 2023-2028 (Kiloton)
13.3.5 Middle East & Africa
Table 311 Middle East & Africa: Architectural Coatings Market, by Country, 2019-2022 (USD Million)
Table 312 Middle East & Africa: Architectural Coatings Market, by Country, 2023-2028 (USD Million)
Table 313 Middle East & Africa: Architectural Coatings Market, by Country, 2019-2022 (Kiloton)
Table 314 Middle East & Africa: Architectural Coatings Market, by Country, 2023-2028 (Kiloton)
13.3.6 South America
Table 315 South America: Architectural Coatings Market, by Country, 2019-2022 (USD Million)
Table 316 South America: Architectural Coatings Market, by Country, 2023-2028 (USD Million)
Table 317 South America: Architectural Coatings Market, by Country, 2019-2022 (Kiloton)
Table 318 South America: Architectural Coatings Market, by Country, 2023-2028 (Kiloton)

14 Appendix
14.1 Discussion Guide
14.2 Knowledgestore: The Subscription Portal
14.3 Customization Options

Companies Mentioned

  • Allnex GmbH
  • Altana Ag
  • Angus Chemical Company
  • Arkema S.A.
  • Ashland Inc.
  • Basf Se
  • Buckman Laboratories International, Inc.
  • Clariant Ag
  • Croda International plc
  • Deuteron GmbH
  • Dow Inc.
  • Eastman Chemical Company
  • Elementis plc
  • Evonik Industries Ag
  • Huntsman Corporation
  • Iro Group Inc.
  • Israel Chemicals Limited (Icl)
  • Lubrizol Corporation
  • Michelman, Inc.
  • Momentive Performance Materials Inc.
  • Münzing Corporation
  • Nouryon
  • Raj Specialty Additives Pvt. Ltd.
  • Solvay S.A.
  • Uniqchem GmbH

Methodology

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Table Information

Report AttributeDetails
No. of Pages272
PublishedSeptember 2023
Forecast Period2023 - 2028
Estimated Market Value ( USD ) in 2023 $ 8.3 Billion
Forecasted Market Value ( USD ) by 2028 $ 10.5 Billion
Compound Annual Growth Rate4.7%
Regions CoveredGlobal
No. of Companies Mentioned25

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