Coating Additives Market: Global Trends, Share, Industry Size, Growth, Forecast To 2032
The Coating
Additives Global Market Report 2023 by The Business Research Company, provides coating
additives market overview across 60+ geographies in the seven regions -
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa for the 27 major global industries. The report covers a
ten-year historic period – 2010-2021, and a ten-year forecast period –
2023-2032
Learn More On The Coating Additives
Market:
https://www.thebusinessresearchcompany.com/report/coating-additives-global-market-report
According to The Business Research Company’s Coating Additives Global Market
Report 2023, the global coating additives market size grew from $8.64 billion
in 2022 to $9.38 billion in 2023 at a compound annual growth rate (CAGR) of
8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery
from the COVID-19 pandemic, at least in the short term. The war between these
two countries has led to economic sanctions on multiple countries, a surge in
commodity prices, and supply chain disruptions, causing inflation across goods
and services and affecting many markets across the globe. The market size of
the global coating additives is expected to grow to $12.95 billion in 2027 at a
CAGR of 8.4%.
The strong growth in buildings and the construction sector is driving the
growth of the market. In the construction sector, coating additives are used to
improve the viscosity, surface effectiveness, and impact resistance of
substrates. The rapid growth in residential and commercial construction
activities across the globe and the growing adoption of environmentally
friendly additives to improve wall and roof installations while maintaining
environmental impact.
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The coating additives market is segmented:
1) By Type: Acrylics, Fluoropolymers, Urethanes, Metallic Additives, Other
Types
2) By Function: Anti-foaming, Wetting & Dispersion, Rheology modification,
Biocides, Impact Modification, Other Functions
3) By Application: Architectural Application, Automotive, Industrial
Application, Wood & Furniture, Other Applications
The company's investment in R&D is the key trend gaining popularity in the
coating additives market. Companies operating in the coating additives market
are increasing investments in R&D and initiatives to develop
technologically advanced products to meet demand from various end-user
industries across the globe. For example, in June 2021, BASF, a multinational
chemical company, invested in a new R&D centre in Japan for the development
and production of new products. This R&D center was established to get
global R&D expertise and local R&D flexibility to provide the best
solutions.
Top 5 Major Key
Players Are:
Akzo Nobel NV
ANGUS Chemical Company
Arkema
Ashland Global Holdings, Inc
Momentive Performance Materials, Inc
Table Of Contents
1. Executive Summary
2. Coating Additives Market Characteristics
3. Coating Additives Market Trends And Strategies
4. Coating Additives Market – Macro Economic Scenario
5. Coating Additives Market Size And Growth
.......
26. Africa Coating Additives Market
27. Coating Additives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Coating Additives Market
29. Coating Additives Market Future Outlook and Potential Analysis
30. Appendix
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