Coating Additives Market was valued at US$ 9.6 Bn. in 2021 and the total Coating Additives revenue is expected to grow at 5.8% from 2022 to 2029, reaching nearly US$ 15.07 Bn.
Coating Additives Market Overview:
The Coating Additives Market Research Report includes a comprehensive analysis of strategy, micro and macro market trends and scenarios, price analysis, and short-term market conditions, as well as a close examination of significant competitors. The primary and secondary market drivers, market share, important market categories, and regional market analysis are all covered in this report. The Maximize Market Research, an Coating Additives market research firm, has served more than 600 clients across the world since 2017.
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Market Scope
In the Coating Additives market report, the forecast period is considered from 2021 to 2029, and 2021 is a based year. 2020 market size in terms of value and volume is estimated on real numbers and outputs of the prominent players across the globe. The year 2020 is an exception and is analysed specifically with the impact of the region.
The qualitative and quantitative data in the Coating Additives market report assist decision-makers in determining which market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas.
Segmentation:
By Formulation, the water-borne coating segment is expected to grow at a CAGR of 6.2% during the forecast period. As people become more conscious of the adverse consequences of VOC emissions, there has been a steady change in demand from solvent-borne coatings to more environmentally friendly solutions such as waterborne coatings, which contain fewer solvents that evaporate during the curing process. The Asia Pacific region is expected to be the largest and fastest-growing market for waterborne coatings. The growth can be linked to the region's constantly growing automobile and construction sectors. Regulations that are less severe in the region are also driving the market growth. Also, government restrictions in the United States and Western Europe, particularly regarding air pollution, are expected to push the use of new, low-polluting coating technologies creating growth prospects for the sustainable coating additives market.
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Key Players:
• Solvay
• Lord Corporation
• DSM
• Jotun A/S
• Eastman Chemical Company
• Clariant AG
• Cabot Corporation
• Rhodia SA
• Double Bond Chemical Ind. Co Ltd.
• Dynea as
• Kenrich petrochemicals
• Berger paints
• Beckers Group
• Arkema SA
• KCC paint
• Nippon Paint
• Kansai Paint
• PPG Industries
• BASF SE
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The report looks at the most recent notable breakthroughs in the Coating Additives market, as well as the major producers and inventors.
Vendors can examine the competitive landscape from the perspectives of market, application, and geography, as well as determine whether current capabilities and future growth prospects are appropriate, using the Competition Strategy window.
Coating Additives Market Regional Analysis
The global level report for Coating Additives market provides the detailed region wise share distribution along with the demand growth factors in that particular region. Coating Additives Region dominated the Coating Additives Market in 2021 and is expected to witness significant growth during the forecast period investigations. The region portion of the research also provides key market influencing aspects and changes in market regulation that impact the market’s current and future trends.
Key Questions answered in the Coating Additives Market Report are:
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Mar 10, 2023