Global Coating Additives Market Size Expected to Grow at 5.1% CAGR

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Pune, India, May 03, 2022 (GLOBE NEWSWIRE) — According to MarketStudyReport, this coating additives market The size is set to increase at a CAGR of 5.1%, for a valuation of USD 10,918 million by the end of 2028.

After further analysis, the study categorizes the industry in terms of product type, coating formulation, end-user, and chemistry to determine the segments recording substantial revenue share and accounting for rapid growth rate up to ‘in 2028.

It encompasses the information about the regions which largely contributes to the profitability matrix of the business sphere by recording the growth rate forecasts for each regional market during the forecast period.

The document provides an overview of the companies amplifying competition in the market by giving a brief overview of their profile and the strategies adopted to gain a competitive advantage.

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The impressive growth of the market can be attributed to the increasing demand from the expanding architectural sector which uses the additives to stabilize pigments and improve the surface properties of coatings for commercial purposes such as the construction of residential buildings, warehouses, shopping malls, etc.

For those unaware, coating additives are chemical compositions that impart special characteristics and attributes to coatings while reducing problems that may arise during the manufacturing process.

Additionally, the growing preference for decorating houses for better aesthetics has enabled an increase in the demand for paints, further proliferating the global coating additives industry.

On the other hand, concerns over pollution of local waterways caused by the drainage of paints and coatings, coupled with fluctuating raw material prices such as silicones, urethane and acrylate, will to some extent limit the growth of the industry in the years to come.

Segmental overview:

Based on product type, the market is divided into defoamers, wetting & dispersing additives, rheology modifiers, antimicrobial/biocide additives and others.

In terms of end-user scope, the industry is categorized into automotive, aerospace, building & construction, industrial, furniture, and others.

When it comes to coating formulation, the business area is categorized into water-based coating, powder-based formulation, and solvent-based coating.

As far as chemistry is concerned, the market is divided into urethane, epoxy, acrylic, fluoropolymer and others.

Regional analysis:

Credible researchers claim that there are profitable prospects in regions such as North America, Asia-Pacific, Europe, and Rest of the World, which will improve the revenue potential of the market during the period of ‘Evaluation.

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https://www.marketstudyreport.com/reports/global-coating-additive-market-2022-2028

Competitive Scoreboard:

The major players defining the competitive domain of the global coating additives market are Lubrizol Corporation, Akzo Nobel NV, The Dow Chemical Company, Altana AG, Solvay SA, Arkema SA, Sherwin-Williams Company, BASF SE, Evonik Industries AG, Cabot Corporation , Daikin. Industries Ltd., Eastman Chemical Company and Double Bond Chemical Industry Co. Ltd., among others.

Global Coating Additives Market, by Product (Revenue, USD Million, 2018 – 2028)

  • Defoamer
  • Wetting and dispersing additives
  • Rheology modifiers
  • Antimicrobial/biocidal additives
  • Others

Global Coating Additives Market, by Chemistry (Revenue, USD Million, 2018 – 2028)

  • Urethane
  • Epoxy
  • Acrylic
  • Fluoropolymer
  • Others

Global Coating Additives Market, by Coating Formulation (Revenue, USD Million, 2018 – 2028)

  • Water based coating
  • Powder Formulation
  • Solvent based coating

Global Coating Additives Market, by End User (Revenue, USD Million, 2018 – 2028)

  • Automotive
  • Aerospace
  • Building construction
  • Industrial
  • Furniture
  • Others

Global Coating Additives Market, Regional Analysis (Revenue, USD Million, 2018 – 2028)

  • Asia Pacific
  • Europe
  • North America
  • Rest of the World (ROW)

Global Coating Additives Market, Competitive Scorecard (Revenue, USD Million, 2018 – 2028)

  • Lubrizol Company
  • Akzo Nobel SA
  • The Dow Chemical Company
  • Altana AG
  • Solvay S.A.
  • Arkema S.A.
  • Sherwin-Williams Company
  • BASF SE
  • Evonik Industries SA
  • Cabot Corporation
  • Daikin Industries Ltd.
  • Eastman Chemical Company
  • Double Bond Chemical Industry Co. Ltd.

TABLE OF CONTENTS:

PART 1. INTRODUCTION

  1. Description of the report
  2. Study objectives
  3. Market segment
  4. Years considered for the report
  5. Cash
  6. Key target audience

PART 2. METHODOLOGY

PART 3. EXECUTIVE SUMMARY

PART 4. MARKET OVERVIEW

  1. Introduction
  2. Drivers
  3. Constraints
  4. Impact of the COVID-19 pandemic

PART 5. MARKET DISTRIBUTION BY PRODUCT

  1. Antimicrobial/biocidal additives
  2. Defoamer
  3. Rheology modifiers
  4. Wetting and dispersing additives
  5. Others

PART 6. MARKET BREAKDOWN BY CHEMISTRY

  1. Acrylic
  2. Epoxy
  3. Fluoropolymer
  4. Urethane
  5. Others

PART 7. MARKET BREAKDOWN BY COATING FORMULATION

  1. Powder formula
  2. Solvent based coating
  3. Water based coating

PART 8. MARKET BREAKDOWN BY END-USER

  1. Aerospace
  2. Automotive
  3. Building construction
  4. Furniture
  5. Industrial
  6. Others

PART 9. MARKET DISTRIBUTION BY REGION

  1. Asia Pacific
  2. Europe
  3. North America
  4. Rest of the world (right-of-way)

PART 10. KEY COMPANIES

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