Coating Additives Market Trends, Key Players, DROT, Analysis & Forecast Till 2027
The global Coating Additives market report published by Reports and Data offers a comprehensive overview of the market dynamics and recent events in the industry to help the user/reader to understand the market scenario. The report provides assessment of emerging and current market trends, drivers, constraints, limitations and opportunities that are may occur during the forecast period. The report sheds light on the market dynamics along with details about market size, market share, and revenue growth along with production and manufacturing of various products. The data is collected through extensive primary and secondary research and is evaluated by professionals and experts in the industry. The statistical data is well-presented in from of diagrams, charts, tables and other pictorial presentations for better user readability.
Market Dynamics:
The materials and chemicals industry is rapidly gaining traction over the forecast period and is expected to expand significantly in the coming years. Technological advancements and rising innovation are key factors boosting global market growth. The global Coating Additives market is projected to register robust revenue CAGR during the forecast period between 2021 and 2028. Increasing awareness about green energy and eco-friendly biodegradable products, environmental impact due to carbon emissions are few key factors supporting market growth. High demand for various chemicals and raw materials in various industrial sectors such as food and technology, pharmaceutical and biotechnology, manufacturing, paint and coating, paper, plastic among others. In addition, increasing research and development activities, growing demand for products like perfumes, soaps and detergents for daily usage along with rising disposable income across the globe are further boosting market growth.
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The COVID-19 impact:
The growing pandemic situation has led to the weakening demand for paints and coatings in construction, automotive, electronics, and white goods. The market can bounce back, but it completely depends on the duration of the lockdown that has been imposed, and also the impact of the COVID-19 virus on the economy. Although the overall demand of the market is falling, the demand for antimicrobial coating is witnessing a surge in demand in food and healthcare industries.
The report offers in depth insight about prominent players in the market, their market position, global and financial standing, license agreement, brand promotions and product portfolio. The global Coating Additives market is highly competitive and consist of various key players at global and regional levels. These players are adopting various strategies like joint ventures, collaborations, partnerships, and new product launches to strengthen their market position.
Leading companies operating in the market and profiled in the report include: AkzoNobel N.V., BASF SE, Ashland Inc., Arkema SA, BYK-Chemie GmbH, Evonik Industries AG, Eastman Chemical Company, Lonza Group Ltd., Momentive Performance Materials Inc., and Cabot Corp., among others.
Coating Additives Market Segmentation:
Type Outlook (Revenue, USD Billion; 2017-2027)
- Acrylic Coating Additives
- Urethane Coating Additives
- Metallic Coating Additives
- Fluoropolymer Coating Additives
- Others
Application Outlook (Revenue, USD Billion; 2017-2027)
- Architectural Application
- Wood & Furniture
- Industrial Application
- Automotive
- Others
Function Outlook (Revenue, USD Billion; 2017-2027)
- Solvent-Borne
- Water-Borne
- Powder-Based
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The Coating Additives market is segmented into five major regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Regional Outlook:
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of MEA
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