Coating Additives Market Size and Growth Forecast for the Industry 2023 to 2032 Regulatory Implications

Allied Market Research published a report titled, "Coating Additives Market By Type (Acrylic, Fluoropolymers, Urethanes, Metallic Additives, and Others), By Function (Anti-foaming, Wetting and Dispersion, Rheology Modification, Biocides, Impact Modification, and Others), By Formulation (Water-borne Coating, Solvent-borne Coating, Solventless Coating, Powder Coating, and Radiation Curable Coating), By End-use Industry (Architectural, Industrial, Automotive, Wood and Furniture, and Others), By Region (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis And Industry Forecast, 2023-2032". According to the report, the coating additives market was valued at $10.0 billion in 2022 and is estimated to reach $17.1 billion by 2032, exhibiting a CAGR of 5.7% from 2023 to 2032.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/1719

Coating additives play a crucial role in enhancing properties and meeting the evolving needs of various industries such as automotive, construction, aerospace, and industrial manufacturing.

Prime Determinants of Growth

- Growth in Demand for Multifunctional Additives: Increasing applications across various end-user industries drive market growth.

- Strict Environmental Regulations: Supportive regulations for low VOC coating additives bolster the market.

- Rising Awareness: Users and formulators are increasingly aware of the benefits of coating additives.

Market Dynamics

Drivers

- High demand in the construction industry.
- Supportive environmental regulations for low VOC coating additives.

Opportunities

- Growing demand for water-borne and powder-based coating additives in green construction.

Restraints

- Stringent environmental regulations.

Market Segments

- Type: Acrylic, Fluoropolymers, Urethanes, Metallic Additives, Others

- Function: Anti-foaming, Wetting and Dispersion, Rheology Modification, Biocides, Impact Modification, Others

- Formulation: Water-borne Coating, Solvent-borne Coating, Solventless Coating, Powder Coating, Radiation Curable Coating

- End-use Industry: Architectural, Industrial, Automotive, Wood and Furniture, Others

- Region: North America, Europe, Asia-Pacific, LAMEA

Segment Highlights

- Acrylic Segment: Accounted for the largest share in 2022, expected to register the highest CAGR of 6.2%.

- Water-borne Coating Segment: Dominated the formulation segment in 2022, with the highest anticipated CAGR of 6.1%.

- Architectural Segment: Led the end-use industry segment, with significant growth expected due to infrastructural developments in Asia-Pacific and LAMEA.

Regional Insights

- Asia-Pacific: Held the highest market share in 2022, with significant growth anticipated through 2032.

Leading Market Players

- Arkema
- BASF
- Ashland
- Clariant
- Dow Chemical Co.
- Eastman Chemical Co.
- Evonik
- Lanxess
- Momentive Performance Materials Inc.
- Solvay

These key players have adopted strategies such as new product launches, collaborations, expansions, joint ventures, and agreements to enhance their market presence.

𝐎𝐛𝐭𝐚𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.alliedmarketresearch.com/coating-additives-market

Contact:

David Correa

United States

1209 Orange Street,

Corporation Trust Center,

Wilmington, New Castle,

Delaware 19801 USA.

Int'l: +1-503-894-6022

Toll Free: +1-800-792-5285

Fax: +1-800-792-5285

help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.