The global Coating Additives Market is forecast to reach USD 12.74 Billion by 2027, according to a new report by Reports and Data. This can be mainly associated with the increase in demand owing to its properties such as durability, scratch resistance, and glossy look, which are influencing the market growth. Growing popularity among end-users, especially automotive, shipbuilding, and pipeline industries, will also encourage the growth of the market.

Key participants include AkzoNobel N.V., BASF SE, Ashland Inc., Arkema SA, BYK-Chemie GmbH, Evonik Industries AG, Eastman Chemical Company, Lonza Group Ltd., Momentive Performance Materials Inc., and Cabot Corp., among others.

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The implementation of stringent regulations across several countries, regarding green and solvent-free coating technologies, will lead to a reduced amount of VOC emissions. This will boost the demand for coating additive worldwide. Ongoing research and development efforts and analysis of trends are enabling the research team to improve paint performance and create innovations that stand out in the marketplace. From better hiding, enhanced durability, and stain resistance to low- to no-VOC coatings with reduced environmental impact, binders and additives are increasing performance to meet and exceed end-user demands for coatings.

Factors such as increase in the price of raw material and their volatility is anticipated to hinder the growth of the market. Furthermore, the raw material industry of the coating additive market is on the verge of consolidation that improves the bargaining power of suppliers and impacts the market growth negatively. 

For the purpose of this report, Reports and Data have segmented the global Coating Additives Market on the basis of type, application, distribution channel, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)

  • Acrylic Coating Additives
  • Urethane Coating Additives
  • Metallic Coating Additives
  • Fluoropolymer Coating Additives
  • Others

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Architectural Application
  • Wood & Furniture
  • Industrial Application
  • Automotive
  • Others

Function Outlook (Revenue, USD Billion; 2017-2027)

  • Solvent-Borne
  • Water-Borne
  • Powder-Based

Regional Outlook (Revenue, USD Billion; 2017-2027)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

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Key Insights offered in the report:

  • Business overview, product overview, significant market data, demand and supply ratio and overall industry chain analysis
  • The report encompasses different approaches and strategic business decisions undertaken by the key players of the market to gain a robust a footing
  • It describes in detail the production value, marketing strategies, distributors, and factors influencing the growth of the market
  • Strategic business expansion plans and alliances of the key players
  • Comprehensive analysis of the present trends and emerging trends of the market
  • Analysis and identification of the factors influencing the Coating Additives market such as drivers, restraints, opportunities, and trends

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