The global coating additives market is expected to grow from $8.03 billion in 2021 to $8.55 billion in 2022 at a compound annual growth rate (CAGR) of 6.42%. The coating additives market size is expected to reach $11.52 billion in 2026 at a CAGR of 7.74%.
What is the Global Coating Additives Market?
The coating additives market consists of the sale of coating additives by an entity (organizations, sole traders, partnerships) that refers to a specialized group of chemically engineered materials designed to enhance performance by modifying the rheology, and coating formulations anti-foaming properties, wetting and dispersing properties. Coating additives are used to remove defects in the coating such as foam bubbles, poor levelling, and flocculation. They are also used to impart specific properties to the formulations such as better slip, flame retardance, UV stability, chemical resistance and other properties.
Get a Sample of the global coating additives market report
https://www.thebusinessresearchcompany.com/sample.aspx?id=5953&type=smp
What drives the Global Coating Additives Market?
The strong growth in buildings and construction sector is driving the growth of the market. In construction sector, coating additives are used to improve the viscosity, surface effective and impact resistance of substrates. The rapid growth in residential and commercial construction activities across the globe and growing adoption of environmentally friendly additives to improve wall and roof installations, while maintaining environmental impact. According to the study published by United States Census bureau, the annual residential housing units constructed increased from 583,000 units in 2009 to 1.5 million units in 2021. Thus, strong growth in buildings and construction sector is expected to boost coating additives market during forecast period.
Get the full global coating additives industry report here
https://www.thebusinessresearchcompany.com/report/coating-additives-global-market-report
Global Coating Additives Market Segments
The global coating additives market is segmented:
By Type: Acrylics, Fluoropolymers, Urethanes, Metallic Additive, Other Types
By Function: Anti-foaming, Wetting & Dispersion, Rheology modification, Biocides, Impact Modification, Other Functions
By Application: Architectural Application, Automotive, Industrial Application, Wood & Furniture, Other Applications
By Geography: The regions covered in the coating additives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Coating Additives Global Market Report 2022provides market size and growth forecasts for the global coating additives market, global coating additives market share, coating additives market segments and geographies, coating additives market competitive landscape including leading competitors’ revenues, profiles and market shares. The coating additives market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Coating Additives Industry Playersinclude Akzo Nobel NV, ANGUS Chemical Company, Arkema, Ashland Global Holdings, Inc., Momentive Performance Materials, Inc., Solvay SA, Clariant AG, Dow Chemical Co., Eastman Chemical Company, Elementis PLC, Evonik Industries AG, Allnex Netherlands B.V, Ineos Group AG, Kamin LLC, Keim additec surface GMBH, BYK Additives & Instruments, Cabot Corporation, Kyoeisha chemical Co., Ltd, Michelman, Inc., Rhodia SA, Shamrock Technologies, and Shin Etsu chemical Co Ltd. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
