Coating Additives Market is expected to reach US$ 17 Bn by the end of 2032 with growing a CAGR of 5.9% | PMR

Coating Additives Market is anticipated to grow at a CAGR of 5.9%. By 2032, the market for coating additives will be worth US$17 billion. Demand for coating additives is projected to be quite strong due to the introduction of green coatings and the expanding building and construction industry globally. The largest portion of the global market for coating additives is in North America, which is headed by the United States.

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Solutions called coating additives are added to paints to enhance its functionality and quality. Coating additives are used to improve product qualities and remove or decrease problems that arise during the formulation and production of paint systems as a result of advancements in coating additive technology.

During the projection period, it is anticipated that the market for coating additives would expand significantly. Coating additives are rapidly needed to achieve zero-VOC emission standards. Governments all across the world are stepping up their efforts to reduce carbon emissions from building projects.

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Key Companies-

• Akzo Nobel N.V.
• Arkema SA
• Ashland Inc.
• BASF SE
• Cytec Industries Inc.
• Evonik Industries AG
• Momentive Specialty Chemical Inc.
• Solvay S.A.
• The Dow Chemical Company

The booming building and construction sector worldwide is projected to propel the global coating additives market during the forecast period. Coating additives are utilized in the construction industry to enhance the viscosity, surface effectiveness, and impact strength of substrates.

The global market for coating additives is anticipated to increase as a result of the rapid global expansion of residential and commercial construction activities, as well as the rising usage of eco-friendly additives to improve wall and roof installations while reducing environmental harm.

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Coating Additives Industry Research Segmentation

By Type:

• Acrylics
• Fluoropolymers
• Urethanes
• Metallic Additives
• Others (epoxy, Polyalkyds, Amines)

By Function:

• Rheology Modification
• Biocides Impact Modification
• Anti-Foaming
• Wetting & Dispersion
• Others (Slip & Rub, Flexibility, Curing, etc.)

By Formulation:

• Solvent-borne
• Water-borne
• Powder-based

By Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East & Africa

The advent of green coatings is expected to provide revenue-generation opportunities in the coating additives market during the forecast period. Green coatings are likely to become more prominent in the motive sector in the coming years, contributing to the expansion of the global coating additives market.

Table of Content of this Report:

• Coating Additives Market Overview and Analysis [ Market Size | Market Y-o-Y Growth | Market Dynamics]
• Coating Additives Market Overview and Analysis [ Supply Chain | Cost Structure | Pricing Analysis | Raw Material Sourcing Strategy and Analysis | List of Distributors]
• Global Coating Additives Market Analysis and Forecast By Product Type
• Global Coating Additives Market Analysis and Forecast By Application Type
• Global Coating Additives Market Analysis and Forecast By Region [ Europe | North America | APAC | Middle East and Africa]
• Global Coating Additives Market Company Share, Competition Landscape and Company Profiles
• Research Methodology
• Secondary and Primary Sources
• Assumptions and Acronyms

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