Coating Additives Market

Coating Additives Market Size, Trends | Growth & Forecast Analysis, 2022-27

According to the latest report by IMARC Group, title “Coating Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, the global coating additives market size reached 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.

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Coating Additives Industry Outlook:

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.

Market Trends:

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.

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Coating Additives Market Report Scope
Report CoverageDetails
Market size value in 2021US$ 9.31 Billion
Market forecast in 2027US$ 12.37 Billion
Growth RateCAGR of 4.60% from 2022 to 2027
Base year for estimation2021
Historical data2016-2021
Forecast period2022-2027
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments coveredType, Function, Formulation, Application and Region
Market DynamicsParent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization previewIf our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Market 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 Geography:

  • 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

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List of Key Companies Covered in this Market Report:

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.

Note: We are updating our reports, if you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

About IMARC Group:

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.

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Company Name: IMARC Group

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Country: United States


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