Coating Additives Market Futuristic Growth, Size, Share, Trends and Demand Outlook to 2023

PS Logo Coating additives market are low-level ingredients that possess   specific paint properties such as mildew resistance, de-foaming, and   good flow and leveling. Pigments, binders, additives and mixtures are the major elements that enhance the functioning of coating thereby, increasing demand in coating additives market.

The major functions of coating additives include anti-foaming, wetting and dispersion, rheology modification, biocidal and impact modification to overcome surface defects and problems that occur during application of paints or post-drying. They also possess drying, surface modification, leveling, anti-settling and anti-sagging properties.

Coating additives are used in automotive, industrial, architectural, wood and furniture industries. They are also used in construction paints to improve the impact resistance, viscosity and surface-effectiveness of substrates.

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The key trend observed in the market include the development of high quality additives by companies through new technologies and raw material sources.

Major players such as AkzoNobel N.V., Arkema, Ashland Inc. and BASF SE have been investing in research and development (R&D) activities to produce superior and bio-based products to broaden their market presence to retain market share in the global coating additives market.

The key players operating in the global coating additives market include AkzoNobel N.V., Arkema, Ashland Inc., BASF SE, Atlanta AG, The DOW Chemical Company, Solvay, Evonik Industries AG, Momentive Performance Materials Inc., and Eastman Chemical Company.

Market Segmentation

By Type

  • Acrylic
  • Metallic
  • Fluoropolymer
  • Urethane
  • Others

By Function 

  • Anti-foaming agents
  • Wetting and dispersing agents
  • Biocides
  • Rheology modification
  • Impact modification
  • Others

By Application

  • Automotive
  • Architectural
  • Industrial
  • Wood and furniture
  • Others

By Formulation

  • Solvent-borne
  • Water-borne
  • Powder

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