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Coating Additives Market Size, Industry Share, Analysis, Report and Forecast 2022-27

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Coating Additives Market Size, Industry Share, Analysis, Report and Forecast 2022-27

September 26
18:18 2022
Coating Additives Market Size, Industry Share, Analysis, Report and Forecast 2022-27
IMARC Group expects the market to reach a value of US$ 12.37 Billion by 2027, exhibiting a CAGR of 4.60% during 2022-2027.

The latest research study “Coating Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global coating additives market reached a value of US$ 9.31 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 12.37 Billion by 2027, exhibiting a CAGR of 4.60% during 2022-2027.

Coating additives are substances added to coating materials in small quantities to enhance or modify specific qualities of the object during its production, storage, transportation, application, etc. They include thickeners, dispersants, pigments, defoamers, leveling agents, emulsifiers, photo-stabilizers, curing catalysts, etc. Coating additives offer optimal surface activity, vapor pressure, solubility parameters, and chemical stability to the coatings. They also provide improved durability, aesthetic appeal, and excellent resistance against corrosion. Consequently, coating additives find extensive applications across the architecture, automotive, and furniture sectors.

Download free sample brochure: https://www.imarcgroup.com/coating-additives-market/requestsample

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The industry is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.

Global Coating Additives Market Trends and Drivers: 

The inflating demand for environment-friendly products is primarily driving the coating additives market across the globe. Besides this, the growing usage of raw materials that improve the quality and effectiveness of coating formulations is further catalyzing the market growth. Moreover, the expanding requirement for multifunctional additives to augment combustion efficiency and reduce carbon footprints and emissions across industry verticals is acting as another significant growth-inducing factor.

In addition to this, the shifting consumer preferences towards durable and aesthetic finishes for objects are also stimulating the global market. Furthermore, the elevating need for vehicle renovations and aesthetic automotive coatings are bolstering the market growth. In the coming years, the escalating demand for decorative paints and advanced aerospace coatings is expected to fuel the coating additives market across countries.

Click here to view detailed information with table of content: https://www.imarcgroup.com/coating-additives-market

Coating Additives Market Report Scope

Report Coverage

Details

Market size value in 2021

US$ 9.31 Billion

Market forecast in 2027

US$ 12.37 Billion

Growth Rate

CAGR of 4.60% from 2022 to 2027

Base year for estimation

2021

Historical data

2016-2021

Forecast period

2022-2027

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Type:

  • Acrylic
  • Fluoropolymers
  • Urethanes
  • Metallic Additives
  • Others

Breakup by Function:

  • Anti-foaming
  • Wetting and Dispersion
  • Rheology Modification
  • Biocides
  • Impact Modification
  • Others

Breakup by Formulation:

  • Water-borne Coating
  • Solvent-borne Coating
  • Solventless Coating
  • Others

Breakup by Application:

  • Architectural
  • Industrial
  • Automotive
  • Wood and Furniture
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

Ask Analyst for customized Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=5238&flag=C

List of Major Key Players:

The major players in the market are Altana AG, Arkema S.A., Ashland Global, BASF SE, Clariant AG, Dow Inc., Eastman Chemical Company, Elementis plc, Evonik Industries AG, Huntsman Corporation, Momentive Performance Materials Inc. and Solvay S.A.

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Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
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City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com

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