The global coating additives market is projected to register growth at a formidable rate during the forecast period, 2023-2027. The market growth can be the rising adoption of coatings across various end-user industries such as architecture, automobile, industrial, and wood & furniture.
The Important Elements of the Global Coating Additives Market
Coating additives are special solutions that offer features such as anti-catering, lowering the dispersion of solids, reducing wettability, anti-chipping, gloss control, etc. to paints, which make them shiny and improve their appearance. Besides, the growing wood & furniture industry and rapid industrialization are contributing to the rising adoption of coating additives.
Additionally, the emergence of technologically advanced coatings with improved properties of resin and the rising trend of multifunctional additives in the automotive industry are some of the factors supporting the growth of the market. However, increasing concerns about the emissions of harmful VOCs and high raw material prices such as silicones, acrylates, and urethane might hamper the growth of the global coating additives market in the coming years.
The global coating additives market is segmented on the basis of type, function, formulation, application, and region. Based on type, the market has been categorized into acrylic coating additives, fluoropolymer coating additives, metallic coating additives, urethane coating additives, and others. In 2021, the fluoropolymer coating additives segment dominated the market and is expected to maintain its dominance over the next five years as well since they provide protection against temperature, abrasion, and chemicals.
Based on formulation, the market has been categorized into water-borne, powder-based, and solvent-borne. In 2021, water-borne formulations dominated the market owing to increasing environmental regulations globally. The APAC region led the coating additives market in 2021, in terms of value and volume owing to the growing automotive sector and growing construction activities in emerging countries like China, India, Japan, etc.
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Some of the leading players in the global coating additives market
- Arkema SA
- AkzoNobel N.V.
- Momentive Performance Materials Inc.
- BYK-Chemie GmbH
- Ashland Inc.
- Elementis PLC
- Evonik Industries AG
- Lonza Group Ltd.
- Angus Chemical Company
- Fuji Silysia Chemical, Ltd., etc.
| Attribute | Details |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
| Segments covered | · By Type· By Function· By Application· By Formulation |
| Region scope | Asia Pacific; Europe & CIS; North America; South America; Middle East & Africa |
| Country scope | China, India, Japan, South Korea, Australia, Singapore, Malaysia, France, Germany, United Kingdom, Italy, Spain, United States, Mexico, Canada, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE, Qatar |
| Key companies profiled | Arkema SA, AkzoNobel N.V., Momentive Performance Materials Inc., BYK-Chemie GmbH, Ashland Inc., Elementis PLC, Evonik Industries AG, Lonza Group Ltd., Angus Chemical Company, Fuji Silysia Chemical, Ltd. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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Report Scope:
In this report, the global coating additives market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Coating Additives Market, By Type:
- Acrylic Coating Additives
- Fluoropolymer Coating Additives
- Metallic Coating Additives
- Urethane Coating Additives
- Others
- Coating Additives Market, By Function:
- Anti-Foaming
- Biocides
- Rheology Modification
- Impact Modification
- Others
- Coating Additives Market, By Formulation:
- Water-Borne
- Powder-Based
- Solvent-Borne
- Coating Additives Market, By Application:
- Automotive
- Wood & Furniture
- Architectural Application
- Industrial Application
- Others
- Coating Additives Market, by Region:
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- France
- Germany
- United Kingdom
- Italy
- Spain
- United States
- Mexico
- Canada
- Brazil
- Argentina
- Colombia
- South Africa
- Saudi Arabia
- UAE
- Qatar
- Asia Pacific
- Europe & CIS
- North America
- South America
- Middle East and Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global coating additives market.