Water-borne formulations dominate the market among all the formulation types. With increasing environmental regulations, the market share of coating additives for solvent-borne system is decreasing. The demand is shifting toward the water-borne and powder-based coating additives due to stringent environmental regulations. However, solvent-borne is still being significantly used in Asia-Pacific and South America though its use has drastically reduced in Europe and North America.
Architecture is the major application of coating additives. The growing commercial and residential construction in Asia-Pacific is driving the demand for coating additives for better protection of buildings. In addition, the growing automotive sector in regions such as Asia-Pacific and South America is catalyzing the demand for high-performance coating additives.
The global Coating Additives market was 6350 million US$ in 2020 and is expected to 9820 million US$ by the end of 2025, growing at a CAGR of 5.6% between 2020 and 2025.
The report offers detailed coverage of Coating Additives industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Coating Additives by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Coating Additives market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.
First, this report covers the present status and the future prospects of the global Coating Additives market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
AkzoNobel N.V.
Arkema SA
Ashland Inc.
BASF SE
BYK-Chemie GmbH
The DOW Chemical Company
Elementis PLC
Evonik Industries AG
Momentive Performance Materials Inc.
Eastman Chemical Company
By the product type, the market is primarily split into
Acrylics
Fluoropolymers
Urethanes
Metallic Additive
Others (epoxy, polyalkyds, and amines)
By the end users/application, this report covers the following segments
Architectural
Automotive
Industrial
Wood & Furniture
Others (marine, aviation, paper and so on)
At the same time, we classify Coating Additives according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Coating Additives market for the forecast period 2020 - 2025?
• What are the driving forces in the Coating Additives market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Coating Additives industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?