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Coating Additives Market: Full In-depth Analysis by Top Key Players, Regional Outlook, Latest Trend and Forecast to 2022

The coating additives market has witnessed moderate growth during the past few years and is expected to grow at a CAGR of 6.9% during the forecast period. Coating additives are added to paints to improve their quality, and performance such as to improve the dispersion of solids, wetting, foam-reduction, anti-catering, gloss control, anti-chipping, and UV protection, coating additives also help the surfaces to deal with higher temperature, abrasion, moisture, biocides, and chemical resistance. Such coating additives properties drive the market across the globe. Increase in automotive and building and construction industry is expected to fuel the market during the forecast period. The environment regulations implemented for coating additives to reduce the VOC content to minimize environmental issues is also expected to have high impact on the coating additives market during the forecast period.

A new report published by Allied Market Research titled, “Coating Additives Market by Formulation, Function, Type, and End-User – Global Opportunity Analysis and Industry Forecast, 2014-2022”, projects that the world coating additives market is expected to reach $11,020 million by 2022 from $6,928 million in 2015 with the CAGR of 6.9% during 2016-2022. Architectural segment is expected to remain the highest revenue-generating segment throughout the forecast period. Asia-Pacific held the leading position in the global coating additives market in 2015, and is expected to maintain its lead throughout the study period.

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According to Eswara Prasad, Team Lead Chemicals & Materials at Allied Market Research, “the environment regulations implemented for coating additives to reduce the VOC content to minimize environmental issues is also expected to have high impact on the coating additives market during the forecast period.”

In 2015, architectural application segment occupied the largest share and is expected to maintain its dominance throughout the forecast period. Rise in commercial and residential construction in Asia-Pacific drives the demand for coating additives for better protection of buildings. Technological advancements in coating additives formulation and processing technique is expected to drive the market during the forecast period. Increase in demand of coating additives from several end user industries also fuels the coating additives market across the globe. For example, solvent less coatings are used as premium coating in many end user industries such as automotive, architectural, industrial, and others.

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Key findings of the study

  • Coating additives in architectural application segment is expected to grow at a high CAGR of 7.3% in terms of value during the forecast period.
  • China is the leading consumer of the coating additives in the Asia-Pacific region followed by India
  • The rheology modification function is expected to expand with the highest CAGR of 7.8%, in terms of volume during the forecast period.
  • S. is the leading market for coating additives in the North American region, growing at a CAGR of 7.2% in terms of value during the forecast period.

Asia-Pacific accounted for the largest share of the world coating additives market in 2015 and is expected to maintain its leading position during the forecast period. This is attributable to increase in automotive and building and construction industry and improvement in economy in Asia-Pacific region.

The companies have adopted product launches, expansions, acquisition, investment, joint venture, and partnership to gain a competitive advantage in this market. The prominent players profiled in this report include AkzoNobel N.V., Arkema SA, Ashland Inc., BASF SE, BYK-Chemie GmbH, The DOW Chemical Company, Solvay, Evonik Industries AG, Momentive Performance Materials Inc., and Eastman Chemical Company. Other companies in this market Elementis PLC, The Lubrizol Corporation, Michelman, Inc., Croda International Plc, and Cytec Industries Inc.

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Coating Additives Market Size, Analysis, Trends and Segmented Data by Top Companies and Opportunities 2020-2027

New Jersey, United States,- The latest research study on Coating Additives Market Added by Verified Market Research, offers details on current and future growth trends pertaining to the business besides information on myriad regions across the geographical landscape of the ‘Coating Additives market’. The report also expands on comprehensive details regarding the supply and demand analysis, participation by major industry players and market share growth statistics of the business sphere.

Coating Additives Market was valued at USD 7.88 Billion in 2019 and is projected to reach USD 11.93 Billion by 2027, growing at a CAGR of 5.3% from 2020 to 2027.

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The research report on the Coating Additives market provides a granular assessment of this business vertical and includes information concerning the market tendencies such as revenue estimations, current remuneration, market valuation, and market size over the estimated timeframe.

Major Players Covered in this Report are:

  • BYK-Chemie GmbH
  • Elementis PLC
  • ExxonMobil
  • BYK-Chemie
  • BASF
  • AkzoNobel N.V.
  • Arkema
  • Evonik Industries
  • DuPont
  • and Eastman Chemical Compan

    The research report is broken down into chapters, which are introduced by the executive summary. It’s the introductory part of the chapter, which includes details about global market figures, both historical and estimates. The executive summary also provides a brief about the segments and the reasons for the progress or decline during the forecast period. The insightful research report on the global Coating Additives market includes Porter’s five forces analysis and SWOT analysis to understand the factors impacting consumer and supplier behavior.

    The scope of the Report:

    The report segments the global Coating Additives market on the basis of application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Coating Additives market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.

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    As per the regional scope of the Coating Additives market:

    • North America (United States, Canada, Mexico, Brazil)
    • APAC (China, Japan, Korea, Southeast Asia, India, Australia)
    • Europe (Germany, France, UK, Italy, Russia, Spain)
    • Middle East & Africa (Egypt, South Africa, Israel Turkey, GCC Countries)


    Highlights of the report:

    • A complete backdrop analysis, which includes an assessment of the parent market
    • Important changes in market dynamics
    • Market segmentation up to the second or third level
    • Historical, current, and projected size of the market from the standpoint of both value and volume
    • Reporting and evaluation of recent industry developments
    • Market shares and strategies of key players
    • Emerging niche segments and regional markets
    • An objective assessment of the trajectory of the market


    Key Questions Answered in the report:

    • What will the market growth rate of Coating Additives market
    • What are the key factors driving the global Coating Additives market
    • Who are the key manufacturer Coating Additives market space
    • What are the market opportunities, market risk and market overview of the Coating Additives market
    • What are sales, revenue, and price analysis of top manufacturers of Coating Additives market
    • Who are the distributors, traders, and dealers of Coating Additives market
    • What are the Coating Additives market opportunities and threats faced by the vendors in the global Coating Additives industries
    • What are sales, revenue, and price analysis by types and applications of Coating Additives market
    • What are sales, revenue, and price analysis by regions of Coating Additives industries


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    About us:

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