Paints & Coating Additives Market By Type (Dispersing, Leveling, Anti-foam, Rheology Control, Dispersants and Wetting, Defoamers and Deaerators, Others (Biocides, Stabilizers, Surface Modifiers, etc.)), By Application (Architectural, Wood, Transportation, Protective, Others (Industrial, Automotive, etc.)) - Growth, Share, Opportunities & Competitive Analysis, 2019 -2027
Key Market Insights
“Rising government regulations coupled with technological advancement in paints & coating additives will boost the market”
The global paints & coating additives market is growing proficiently, projected to grow at a CAGR of 6.1% during the expected period from 2019 to 2027, starting from US$ 7.43 Bn in 2018.
The paint & coating additives are used as raw materials that improve both features and application of paints & coatings in numerous industries. Additionally, a slight addition of additives to paints and coatings will significantly expand their performance efficiency. Moreover, the additives which include wetting & dispersing agents, thickener & anti-setting agents, deformers, and specialty additives offer numerous properties like durability, enhanced appearance, and anti-corrosiveness. The aforementioned factors have increased the major application of additives in decoration, environmental protection, and texture enhancement, thereby expanding the market for paints & coating additives over the forecast period.
In the present global scenario, additives are mainly used as performance enhancers throughout the production process. Additionally, the growing trend of using multifunctional additives which provides multiple properties in a single additive will drive the market on a global scale. For instance, Troy Corporation introduced a wet substrate and flow additive i.e. “Troysol ZLAC”, which subsidizes the emission of volatile organic compounds (VOC) from the substrate during and after application of paint/coating. Furthermore, the significant use of paints & coating across various industries like architectural, automotive, industrial, wood, aerospace, and marine applications, will drive the demand for additives globally.
Application Analysis
“Rapid growth in industrial activities coupled with increasing demand for decorative coating worldwide will spark market growth”
The architectural segment comprises coating additives that are used in commercial purposes like warehouses, office buildings, shopping malls, retail convenience stores, and residential buildings. In addition, few of its major application in architectural coating includes defoamers, rheological modifiers, wetting agents and dispersants. Moreover, the presence of properties like stabilizing pigment, enhancing surface properties, dispersing properties, enhancing wetting and defoaming properties, is likely to expand the market revenue globally. Furthermore, the growing demand for decorative coatings in residential units for better aesthetics is projected to expand the market in architectural coatings in the coming years.
On account of, growing demand for paints and coatings, in turn, will increase the additives market exponentially. Moreover, additional applications such as corrosion inhibition, surface protection, infrastructure, and decoration of buildings, are likely to enhance the architectural segment, thereby boosting the market growth for the architectural segment over the forecast period.
Regional Analysis
“Dominance is led by the growing construction activities coupled with rising in consumer disposable income to drive the global paint & coating additives market”
Asia-Pacific is projected to hold the highest market share in 2018 and is likely to remain the largest market over the forecast period, owing to the growing demand from automotive, construction, furniture, and industrial applications. Additionally, swift growth in the construction industry is a significant driver for the paint & coating additives market across the region. Moreover, the presence of developing countries like India, China, and Japan contributes to the market growth, owing to the rising demand for paints & coatings from numerous industries such as furniture, construction, and many more industries. Furthermore, augmented prominence on environment-friendly coatings will continue to expand the market over the forecast period 2019-2027.
Growing adoption towards new rules and regulations by major industry players for environmental concerns will dominate the market in the coming years. For instance, a new tariff/tax policy was placed on paints for every gram of VOC. Of the large global markets, India is predicted to be the fastest-growing market globally, owing to the swift growth in the paint & coating additives market. On account of continuous enhancements in economic conditions across the region, the market for paints & coating additives will boost the demand for infrastructural activities in the country. Additionally, growing developments in residential and commercial sectors are predictable to lift the paints and coatings market across India. Thus, fueling the demand for paints and coatings additives in the coming years. Moreover, an increase in a number of mergers and acquisitions, joint ventures, and collaboration between various industry players will give plenty of room for the paints & coating additives market across the region.
List of Companies Covered:
- AGC Inc
- ALTANA
- Arkema Group
- Ashland
- BASF SE
- Cabot Corporation
- DAIKIN INDUSTRIES, Ltd
- Dow
- Dynea AS
- Eastman Chemical Company
- Elementis PLC
- Evonik Industries AG
- K-Tech (India) Limited
- Momentive
- Nouryon
- Solvay
Key Industry Development:
- In March 2018, Solvay expanded its portfolio with new specialty monomers and performance additives for coatings, paints, adhesives, and inks. Additionally, the products will offer numerous benefits such as particle-size control, better adhesion to substrates, emulsion stability, and improved wetting & dispersion.
- In October 2018, Allnex introduced a new technology named “BECKOPOX® EH 2162”, which can be used for low viscosity and can easily incorporate amine hardener for low volatile organic compounds coatings like concrete floor finishes.
Historical & Forecast Period
This study report represents analysis for each segment from 2017 to 2027 considering 2018 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2019 to 2027.
Market Segmentation
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2017-2027 |
| Base Year | 2018 |
| Forecast Period | 2019-2027 |
| Historical Year | 2017 |
| Unit | US$ Billion |
| Segmentation |
By Type (2017–2027; US$ Bn) |
|
By Application (2017–2027; US$ Bn) |
|
|
Geography Segment (2017–2027; US$ Bn) |
The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities that give a better market understanding of the overall paints & coating additives market. Additionally, the global report also comprises a graphical representation of a competitive landscape based on their market initiatives and strategies, product portfolio, and business strengths.
Key questions answered in this report
- What are the current market trends and dynamics in the paints & coating additives market and valuable opportunities for emerging players?
- Which segment accounts for the fastest CAGR during the forecast period?
- Which type of segment holds a larger market share and why?
- Are low and middle-income economies investing in the paints & coating additives market?
- What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Paints & Coating Additives (PCA) Market
2.2. Global PCA Market, by Type, 2018 (US$ Bn)
2.3. Global PCA Market, by Application, 2018 (US$ Bn)
2.4. Global PCA Market, by Geography, 2018 (US$ Bn)
3. Market Dynamics
3.1. Introduction
3.1.1. Global PCA Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players
4. Global Paints & Coating Additives Market, by Type , 2017-2027 (US$ Bn)
4.1. Overview
4.2. Dispersing
4.3. Leveling
4.4. Anti-foam
4.5. Rheology Control
4.6. Dispersants and Wetting
4.7. Defoamers and Deaerators
4.8. Others (Biocides, Stabilizers, Surface Modifiers, etc.)
5. Global Paints & Coating Additives Market, by Application, 2017-2027 (US$ Bn)
5.1. Overview
5.2. Architectural
5.3. Wood
5.4. Transportation
5.5. Protective
5.6. Others (Industrial, Automotive, etc.)
6. North America Paints & Coating Additives Market Analysis, 2017-2027 (US$ Bn)
6.1. Overview
6.1.1. North America PCA Market Value and Growth, 2017-2027, (US$ Bn)
6.2. North America PCA Market Value, By Type, 2017-2027 (US$ Bn)
6.2.1. Market Analysis
6.3. North America PCA Market Value, By Application, 2017-2027 (US$ Bn)
6.3.1. Market Analysis
6.4. North America PCA Market Value, By Region/Country, 2017-2027 (US$ Bn)
6.4.1. Market Analysis
6.4.2. U.S.
6.4.3. Rest of North America
7. Europe Paints & Coating Additives Market Analysis, 2017-2027 (US$ Bn)
7.1. Overview
7.1.1. Europe PCA Market Value and Growth, 2017-2027, (US$ Bn)
7.2. Europe PCA Market Value, By Type, 2017-2027 (US$ Bn)
7.2.1. Market Analysis
7.3. Europe PCA Market Value, By Application, 2017-2027 (US$ Bn)
7.3.1. Market Analysis
7.4. Europe PCA Market Value, By Region/Country, 2017-2027 (US$ Bn)
7.4.1. Market Analysis
7.4.2. U.K.
7.4.3. Germany
7.4.4. France
7.4.5. Rest of Europe
8. Asia Pacific Paints & Coating Additives Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. Asia Pacific PCA Market Value and Growth, 2017-2027, (US$ Bn)
8.2. Asia Pacific PCA Market Value, By Type, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. Asia Pacific PCA Market Value, By Application, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.4. Asia Pacific PCA Market Value, By Region/Country, 2017-2027 (US$ Bn)
8.4.1. Market Analysis
8.4.2. Japan
8.4.3. China
8.4.4. India
8.4.5. Rest of Asia Pacific
9. Rest of the World Paints & Coating Additives Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Rest of the World PCA Market Value and Growth, 2017-2027, (US$ Bn)
9.2. Rest of the World PCA Market Value, By Type, 2017-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Rest of the World PCA Market Value, By Application, 2017-2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Rest of the World PCA Market Value, By Region, 2017-2027 (US$ Bn)
9.4.1. Market Analysis
9.4.2. Middle East & Africa
9.4.3. Latin America
10. Company Profiles
10.1. AGC Inc
10.2. ALTANA
10.3. Arkema Group
10.4. Ashland
10.5. BASF SE
10.6. Cabot Corporation
10.7. DAIKIN INDUSTRIES, Ltd
10.8. Dow
10.9. Dynea AS
10.10. Eastman Chemical Company
10.11. Elementis PLC
10.12. Evonik Industries AG
10.13. K-Tech (India) Limited
10.14. Momentive
10.15. Nouryon
10.16. Solvay
10.17. The Lubrizol Corporation
* PCA – Paints & Coating Additives
TABLE 1 Market Snapshot: Global Paints & Coating Additives Market
TABLE 2 Global PCA Market, by Type, 2017–2027 (US$ Bn)
TABLE 3 Global PCA Market, by Application, 2017–2027 (US$ Bn)
TABLE 4 Global PCA Market, by Geography, 2017–2027 (US$ Bn)
TABLE 5 North America PCA Market, by Type, 2017–2027 (US$ Bn)
TABLE 6 North America PCA Market, by Application, 2017–2027 (US$ Bn)
TABLE 7 North America PCA Market, by Country, 2017–2027 (US$ Bn)
TABLE 8 Europe PCA Market, by Type, 2017–2027 (US$ Bn)
TABLE 9 Europe PCA Market, by Application, 2017–2027 (US$ Bn)
TABLE 10 Europe PCA Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 11 Asia Pacific PCA Market, by Type, 2017–2027 (US$ Bn)
TABLE 12 Asia Pacific PCA Market, by Application, 2017–2027 (US$ Bn)
TABLE 13 Asia Pacific PCA Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 14 RoW PCA Market, by Type, 2017–2027 (US$ Bn)
TABLE 15 RoW PCA Market, by Application, 2017–2027 (US$ Bn)
TABLE 16 RoW PCA Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 17 AGC Inc: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 18 ALTANA: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 19 Arkema Group: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 20 Ashland: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 21 BASF SE: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 22 DAIKIN INDUSTRIES, Ltd: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 23 Dow: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 24 Dynea AS: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 25 Eastman Chemical Company: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 26 Elementis PLC: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 27 Evonik Industries AG: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 28 K-Tech (India) Limited: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 29 Momentive: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 30 Nouryon: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 31 Solvay: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 32 The Lubrizol Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
FIG. 1 Global Paints & Coating Additives Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global PCA Market Segmentation
FIG. 4 Global PCA Market, by Type, 2018 (US$ Bn)
FIG. 5 Global PCA Market, by Application, 2018 (US$ Bn)
FIG. 6 Global PCA Market, by Geography, 2018 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2018
FIG. 8 Global Market Positioning of Key PCA Market Manufacturers, 2018
FIG. 9 Global PCA Market Value Contribution, By Type, 2018 & 2027 (Value %)
FIG. 10 Global PCA Market, by Dispersing, Value, 2017–2027 (US$ Bn)
FIG. 11 Global PCA Market, by Leveling, Value, 2017–2027 (US$ Bn)
FIG. 12 Global PCA Market, by Anti-foam, Value, 2017–2027 (US$ Bn)
FIG. 13 Global PCA Market, by Rheology Control, Value, 2017–2027 (US$ Bn)
FIG. 14 Global PCA Market, by Dispersants and Wetting, Value, 2017–2027 (US$ Bn)
FIG. 15 Global PCA Market, by Defoamers and Deaerators, Value, 2017–2027 (US$ Bn)
FIG. 16 Global PCA Market, by Others (Biocides, Stabilizers, Surface Modifiers, etc.), Value, 2017–2027 (US$ Bn)
FIG. 17 Global PCA Market Value Contribution, By Application, 2018 & 2027 (Value %)
FIG. 18 Global PCA Market, by Architectural, Value, 2017–2027 (US$ Bn)
FIG. 19 Global PCA Market, by Wood, Value, 2017–2027 (US$ Bn)
FIG. 20 Global PCA Market, by Transportation, Value, 2017–2027 (US$ Bn)
FIG. 21 Global PCA Market, by Protective, Value, 2017–2027 (US$ Bn)
FIG. 22 Global PCA Market, by Others (Industrial, Automotive, etc.), Value, 2017–2027 (US$ Bn)
FIG. 23 U.S. PCA Market, 2017–2027 (US$ Bn)
FIG. 24 Canada PCA Market, 2017–2027 (US$ Bn)
FIG. 25 U.K. PCA Market, 2017–2027 (US$ Bn)
FIG. 26 Germany PCA Market, 2017–2027 (US$ Bn)
FIG. 27 France PCA Market, 2017–2027 (US$ Bn)
FIG. 28 Italy PCA Market, 2017–2027 (US$ Bn)
FIG. 29 Rest of Europe PCA Market, 2017–2027 (US$ Bn)
FIG. 30 Japan PCA Market, 2017–2027 (US$ Bn)
FIG. 31 China PCA Market, 2017–2027 (US$ Bn)
FIG. 32 India PCA Market, 2017–2027 (US$ Bn)
FIG. 33 Rest of Asia Pacific PCA Market, 2017–2027 (US$ Bn)
FIG. 34 Middle East & Africa PCA Market, 2017–2027 (US$ Bn)
FIG. 35 Latin America PCA Market, 2017–2027 (US$ Bn)
Choose License
Contact Information
: sales@briskinsights.com
: +448081890034 (UK)