コーティング用添加剤市場 – 2029年までの世界予測

Coating Additives Market - Global Forecast To 2029

コーティング用添加剤市場 - タイプ (消泡剤、湿潤剤および分散剤、レオロジー調整剤)、配合 (水系、溶剤系)、用途 (建築、工業、自動車および輸送、木材および家具)、および地域 - 2029年までの世界予測
Coating Additives Market by Type (Defoamer, Wetting & Dispersing Agents, Rheology Modifiers), Formulation (Water-borne, Solvent-borne), Application (Architectural, Industrial, Automotive & Transportation, Wood & Furniture), and Region - Global Forecast to 2029

商品番号 : SMB-43886

出版社MarketsandMarkets
出版年月2024年10月
ページ数276
図表数402
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

In terms of value, the coating additives market is estimated to grow from USD 8.72 billion in 2024 to USD 11.04 billion by 2029, at a CAGR of 4.8%.

コーティング添加剤市場は2024年の87億2,000万米ドルから2029年までに110億4,000万米ドルまで4.8%のCAGRで成長すると推定されています。

The increasing use of coating additives enhaced functionalities which creats grounds for manufacturers to develop high-performance additives to reform coating capabilities These additives provide multiple benefits to coatings, such as improved durability, scratch resistance, self-cleaning properties, and antimicrobial protection. Also, the enhancement of scratch resistance aligns with various end-use industries that value aesthetics and durability. Moreover, the rising population in the Middle East & Africa and Asia Pacific, changing customer needs, increasing industrial expansion in Asia Pacific region  are driving the coating additives market. In addition, due to changing sustanibility goals, environmental norms, and changing regulations, there is an escalating desire for bio-based coating additives.

コーティング用添加剤市場 - 2029年までの世界予測
coating-additives-market-Overview

“Wetting & dispersing agents was the second-largest type of coating additives market, in terms of value, in 2023.”

Wetting and dispersing agents holds the second largest position in the coating additives market because of the importance of an effective pigment and filler dispersion for a uniform coat color to surface texture. This is due to its market applicability in versatile industries like automotive, construction, and consumer products industries. These agents increase the efficiency of coatings’ performance in terms of adhesion, stability and durability which make them an important component of high quality formulations. Also, continuous advancements in the synthesis of the enhanced capacity and ecofriendly type add more value to them. Thus, the wetting & dispersing agents was the second-largest type of coating additives.

コーティング用添加剤市場 - 2029年までの世界予測 ecosystem
coating-additives-market-Ecosystem

“Industrial is projected to be the second-fastest growing application of coating additives market, in terms of value, during forecast period.”

Industrial application is expected to register the second highest growth rate for coating additives market as there is an ever growing demand for industrial segments including machinery, electronics, and consumer goods segments. This growth creates a need for highly specialized coatings to which the additives must possess high-end properties to safeguard the surface. Due to the high levels of extremity factors in industrial uses, there is great concern for improving the ability of coating to resist corrosion and other chemical changes. Furthermore, current trends in technology show that more efficient and specialty additives are being introduced to the market to meet the required demand. This growth trend is further driven by the rising demand for, and adoption of, low-VOC and environmentally friendly additives.

“The Middle East & AFrica is projected to be the second fastest-growing region, in terms of value, during the forecast period in the coating additives market.”

The Middle East & Africa followed by Asia Pacific region is identified to have the second highest CAGR in the coating additives market due to the increasing industrialization of the region and high investment on infrastructural. Large-scale investments in construction projects for mass housing applications and commerce and business establishments are pulling demand for superior coatings and additives. Also, population growth and urbanization around the region also complement the demand for superior coating solutions. There is also a rising trend towards sustainability with awareness of the same forcing formulations to embrace environment friendly coatings and additives. Similarly, the investment from the Middle East & African countries and emergence of new industrial projects also have a positive impact on the growth rate of coating additives industry in this area and therefore it is expected to register a good growth rate in the coming future.

コーティング用添加剤市場 - 2029年までの世界予測 region
coating-additives-market-Region
  • By Company Type: Tier 1 – 55%, Tier 2 – 25%, and Tier 20%
  • By Designation: Directors – 50%, Managers – 30%, and Others – 20%
  • By Region: North America – 40%, Europe – 35%, Asia Pacific – 20%, RoW – 5%,

The key players profiled in the report include BASF SE (Germany), ALTANA AG (Germany), Dow Inc. (US), Nouryon (Netherlands), Evonik Industries AG (Germany), Arkema (France), Eastman Chemical Company (US), Ashland Inc. (US), Clariant AG (Switzerland), Allnex GMBH (Germany), Elementis plc (UK), The Lubrizol Corporation (US), Momentive Performance Materials Inc. (US), and among others.

Research Coverage

This report segments the market for coating additives based on type, formulation, application, and region and provides estimations of volume (Kiloton) and value (USD Million) for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, and key strategies, associated with the market for coating additives.

Reasons to Buy this Report

This research report is focused on various levels of analysis — industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the coating additives market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on coating additives offered by top players in the global market
  • Analysis of key drivers: (mounting demand for water-borne products, Rising focus on high-performance additives, increasing need for bio-based additives, and mounting demand for corrosion protection), restraints (Fluctuations in raw material prices), opportunities (mounting demand for additives from building & construction industries and growing automotive and aerospace sectors), and challenges (regulatory compliances and technical barriers) influencing the growth of coating additives market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the coating additives market
  • Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for coating additives across regions.
  • Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global coating additives market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the coating additives market

Table of Contents

1            INTRODUCTION            27

1.1         STUDY OBJECTIVES      27

1.2         MARKET DEFINITION   27

1.3         STUDY SCOPE  28

1.3.1      MARKETS COVERED AND REGIONAL SCOPE     28

1.3.2      YEARS CONSIDERED     29

1.3.3      INCLUSIONS AND EXCLUSIONS 29

1.4         CURRENCY CONSIDERED          31

1.5         UNIT CONSIDERED       31

1.6         STAKEHOLDERS            31

1.7         SUMMARY OF CHANGES            31

2            RESEARCH METHODOLOGY     32

2.1         RESEARCH DATA           32

2.1.1      SECONDARY DATA       33

2.1.1.1   List of key secondary sources           33

2.1.2      PRIMARY DATA 33

2.1.2.1   List of primary interview participants             33

2.1.2.2   Key industry insights          34

2.1.2.3   Breakdown of interviews with experts            34

2.2         MARKET SIZE ESTIMATION       35

2.2.1      BOTTOM-UP APPROACH           35

2.2.2      TOP-DOWN APPROACH             37

2.3         DATA TRIANGULATION             37

2.4         GROWTH FORECAST    38

2.4.1      SUPPLY SIDE    39

2.4.2      DEMAND SIDE  39

2.5         ASSUMPTIONS 40

2.6         LIMITATIONS   41

2.7         RISK ASSESSMENT         41

3            EXECUTIVE SUMMARY 42

4            PREMIUM INSIGHTS      46

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN COATING ADDITIVES MARKET            46

4.2         COATING ADDITIVES MARKET, BY REGION       46

4.3         ASIA PACIFIC: COATING ADDITIVES MARKET, BY APPLICATION AND COUNTRY, 2023 47

4.4         COATING ADDITIVES MARKET, BY FORMULATION VS. REGION              47

4.5         COATING ADDITIVES MARKET, BY KEY COUNTRY         48

5            MARKET OVERVIEW     49

5.1         INTRODUCTION            49

5.2         MARKET DYNAMICS     49

5.2.1      DRIVERS            50

5.2.1.1   Rising demand for water-borne products       50

5.2.1.2   Focus on high-performance and multifunctional additives         50

5.2.1.3   Pressing need for bio-based additives            51

5.2.1.4   Increasing demand for corrosion protection   51

5.2.2      RESTRAINTS     52

5.2.2.1   Raw material price volatility             52

5.2.3      OPPORTUNITIES           52

5.2.3.1   Growing demand for additives from building & construction sector         52

5.2.3.2   Expanding automotive and aerospace sectors 52

5.2.4      CHALLENGES   53

5.2.4.1   Technical barriers affecting meticulous control of molecular interactions 53

5.2.4.2   Regulatory compliance concerning testing of new products        53

5.3         PORTER’S FIVE FORCES ANALYSIS         54

5.3.1      THREAT OF SUBSTITUTES         54

5.3.2      THREAT OF NEW ENTRANTS    55

5.3.3      BARGAINING POWER OF SUPPLIERS     55

5.3.4      BARGAINING POWER OF BUYERS           56

5.3.5      INTENSITY OF COMPETITIVE RIVALRY 56

5.4         KEY STAKEHOLDERS AND BUYING CRITERIA    57

5.4.1      KEY STAKEHOLDERS IN BUYING PROCESS         57

5.4.2      BUYING CRITERIA         58

5.5         MACROECONOMIC INDICATORS           58

5.5.1      GDP TRENDS AND FORECAST  59

6            INDUSTRY TRENDS       60

6.1         SUPPLY CHAIN ANALYSIS          60

6.2         PRICING ANALYSIS        61

6.2.1      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION              61

6.2.2      AVERAGE SELLING PRICE TREND, BY REGION  62

6.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       63

6.4         ECOSYSTEM ANALYSIS 63

6.5         CASE STUDY ANALYSIS 65

6.5.1      TRANSFORMATION OF COATING AESTHETICS WITH MATTING AGENTS BY J.M.HUBER CORPORATION 65

6.5.2      ADOPTION OF ANTIMICROBIAL COATING ADDITIVES IN HOSPITAL              65

6.5.3      USE OF ANTIMICROBIAL COATING ADDITIVES IN SCHOOL       65

6.6         TECHNOLOGY ANALYSIS           66

6.6.1      KEY TECHNOLOGIES    66

6.6.1.1   Streamlining coating formulation: Clariant’s ClariCoat digital platform   66

6.6.2      COMPLEMENTARY TECHNOLOGIES     66

6.6.2.1   Silicone-modified polyester             66

6.7         TRADE ANALYSIS          67

6.7.1      IMPORT SCENARIO (HS CODE 320890)  67

6.7.2      EXPORT SCENARIO (HS CODE 320890)  68

6.8         REGULATORY LANDSCAPE       69

6.8.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          69

6.9         KEY CONFERENCES AND EVENTS, 2024–2025     72

6.10       INVESTMENT AND FUNDING SCENARIO            73

6.11       PATENT ANALYSIS        73

6.11.1    APPROACH       73

6.11.2    DOCUMENT TYPES       74

6.11.3    TOP APPLICANTS          75

6.11.4    JURISDICTION ANALYSIS           78

6.12       IMPACT OF AI/GEN AI ON COATING ADDITIVES MARKET          79

7            COATING ADDITIVES MARKET, BY TYPE            80

7.1         INTRODUCTION            81

7.2         DEFOAMERS     83

7.2.1      WIDE APPLICATION IN ARCHITECTURAL AND AUTOMOTIVE INDUSTRIES TO DRIVE MARKET            83

7.3         WETTING & DISPERSING AGENTS          84

7.3.1      STRINGENT REQUIREMENT FOR COLOR REPRODUCIBILITY AND LESS VOC CONTENT TO DRIVE MARKET       84

7.4         RHEOLOGY MODIFIERS             86

7.4.1      GOOD SEDIMENTATION AND PIGMENT STABILIZATION TENDENCY TO BOOST DEMAND     86

7.5         OTHER TYPES  88

8            COATING ADDITIVES MARKET, BY FORMULATION       90

8.1         INTRODUCTION            91

8.2         WATER-BORNE 92

8.2.1      GROWING EMPHASIS ON SUSTAINABILITY AND NEED FOR LOW-VOC COATINGS TO DRIVE MARKET 92

8.3         SOLVENT-BORNE          94

8.3.1      EXCEPTIONAL DURABILITY AND RESISTANCE TO HARSH ENVIRONMENTS TO BOOST DEMAND  94

8.4         OTHER FORMULATIONS            96

9            COATING ADDITIVES MARKET, BY APPLICATION          98

9.1         INTRODUCTION            99

9.2         ARCHITECTURAL          101

9.2.1      ECONOMIC GROWTH AND STRICT ENVIRONMENTAL POLICIES TO DRIVE MARKET 101

9.3         INDUSTRIAL     103

9.3.1      RISING DEMAND FOR HIGH-PERFORMANCE COATINGS TO DRIVE MARKET            103

9.4         AUTOMOTIVE & TRANSPORTATION     104

9.4.1      INCREASING DEMAND FOR LEVELING AGENTS AND RHEOLOGY MODIFIERS TO DRIVE MARKET 104

9.5         WOOD & FURNITURE    106

9.5.1      INCREASING PURCHASING POWER OF CUSTOMERS TO DRIVE MARKET            106

9.6         OTHER APPLICATIONS 108

10          COATING ADDITIVES MARKET, BY REGION       110

10.1       INTRODUCTION            111

10.2       ASIA PACIFIC    113

10.2.1    CHINA  120

10.2.1.1 Increasing foreign investments in various industries and sectors to drive market              120

10.2.2    INDIA   121

10.2.2.1 Booming real estate industry to propel market             121

10.2.3    JAPAN  123

10.2.3.1 Growing tourism industry and investments in real estate industry to boost demand              123

10.2.4    SOUTH KOREA 125

10.2.4.1 Presence of major automobile manufacturers to boost market growth      125

10.2.5    INDONESIA       127

10.2.5.1 Rising foreign investments in infrastructure and residential construction projects to drive market    127

10.3       NORTH AMERICA          128

10.3.1    US         134

10.3.1.1 Low interest rates and improving employment rate and economic conditions to drive market        134

10.3.2    CANADA            136

10.3.2.1 Growing foreign trade and increasing construction projects to fuel demand              136

10.3.3    MEXICO             138

10.3.3.1 Expanding tourism industry to drive market   138

10.4       EUROPE             139

10.4.1    GERMANY         145

10.4.1.1 Favorable economic conditions and rising demand for new homes to drive market              145

10.4.2    UK         147

10.4.2.1 Growth of construction industry to drive market          147

10.4.3    FRANCE             149

10.4.3.1 Reviving economy and rising investments in infrastructure development to boost demand 149

10.4.4    ITALY   150

10.4.4.1 New project finance rules and investment policies to  boost market        150

10.4.5    SPAIN   152

10.4.5.1 Developments in automotive and construction industries to drive demand              152

10.4.6    RUSSIA 154

10.4.6.1 Growing population and residential construction activities to fuel demand              154

10.4.7    TURKEY             155

10.4.7.1 Rapid urbanization to drive market  155

10.5       SOUTH AMERICA           157

10.5.1    BRAZIL 162

10.5.1.1 Rising number of infrastructure development projects  to drive market  162

10.5.2    ARGENTINA      164

10.5.2.1 Growing population and improved economic conditions to drive market  164

10.5.3    CHILE  165

10.5.3.1 Economic growth and government initiatives to boost infrastructure development and residential construction to drive market   165

10.6       MIDDLE EAST & AFRICA             167

10.6.1    GCC      172

10.6.1.1 Saudi Arabia        173

10.6.1.1.1            Significant government-led investments in infrastructure development to boost demand  173

10.6.1.2 UAE      175

10.6.1.2.1            Increasing emphasis on sustainability and green building practices to reduce carbon footprint of construction industry to propel demand          175

10.6.1.3 Qatar     176

10.6.1.3.1            Rising need for protective and decorative coatings in infrastructure development to drive market            176

10.6.2    SOUTH AFRICA 178

10.6.2.1 Growing manufacturing sector to present immense growth opportunities 178

11          COMPETITIVE LANDSCAPE       180

11.1       INTRODUCTION            180

11.2       KEY PLAYER STRATEGIES/RIGHT TO WIN          180

11.3       MARKET SHARE ANALYSIS         182

11.4       REVENUE ANALYSIS      184

11.5       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   184

11.5.1    STARS  184

11.5.2    EMERGING LEADERS    185

11.5.3    PERVASIVE PLAYERS     185

11.5.4    PARTICIPANTS 185

11.5.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      186

11.5.5.1 Company footprint            186

11.5.5.2 Type footprint     187

11.5.5.3 Application footprint         188

11.5.5.4 Formulation footprint        189

11.5.5.5 Region footprint  190

11.6       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          191

11.6.1    PROGRESSIVE COMPANIES       191

11.6.2    RESPONSIVE COMPANIES          191

11.6.3    DYNAMIC COMPANIES 191

11.6.4    STARTING BLOCKS       191

11.6.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             193

11.6.5.1 Detailed list of key startups/SMEs   193

11.6.5.2 Competitive benchmarking of key startups/SMEs        193

11.7       BRAND/PRODUCT COMPARISON ANALYSIS      193

11.8       COMPANY VALUATION AND FINANCIAL METRICS        195

11.9       COMPETITIVE SCENARIO          195

11.9.1    PRODUCT LAUNCHES  196

11.9.2    DEALS  199

11.9.3    EXPANSIONS    199

11.9.4    OTHERS             201

12          COMPANY PROFILES    202

12.1       KEY PLAYERS   202

12.1.1    BASF SE              202

12.1.1.1 Business overview 202

12.1.1.2 Products/Solutions/Services offered 203

12.1.1.3 Recent developments         204

12.1.1.3.1            Deals     204

12.1.1.3.2            Expansions          205

12.1.1.4 MnM view           205

12.1.1.4.1            Key strengths/Right to win 205

12.1.1.4.2            Strategic choices  206

12.1.1.4.3            Weaknesses/Competitive threats     206

12.1.2    ALTANA AG      207

12.1.2.1 Business overview 207

12.1.2.2 Products/Solutions/Services offered 208

12.1.2.3 Recent developments         210

12.1.2.3.1            Product launches 210

12.1.2.3.2            Expansions          211

12.1.2.4 MnM view           212

12.1.2.4.1            Key strengths/Right to win 212

12.1.2.4.2            Strategic choices  212

12.1.2.4.3            Weaknesses/Competitive threats     212

12.1.3    DOW INC.          213

12.1.3.1 Business overview 213

12.1.3.2 Products/Solutions/Services offered 214

12.1.3.3 MnM view           215

12.1.3.3.1            Key strengths/Right to win 215

12.1.3.3.2            Strategic choices  215

12.1.3.3.3            Weaknesses/Competitive threats     215

12.1.4    NOURYON         216

12.1.4.1 Business overview 216

12.1.4.2 Products/Solutions/Services offered 217

12.1.4.3 Recent developments         218

12.1.4.3.1            Product launches 218

12.1.4.3.2            Expansions          219

12.1.4.4 MnM view           219

12.1.4.4.1            Key strengths/Right to win 219

12.1.4.4.2            Strategic choices  219

12.1.4.4.3            Weaknesses/Competitive threats     219

12.1.5    EVONIK INDUSTRIES AG            220

12.1.5.1 Business overview 220

12.1.5.2 Products/Solutions/Services offered 221

12.1.5.3 Recent developments         222

12.1.5.3.1            Product launches 222

12.1.5.3.2            Expansions          223

12.1.5.3.3            Others   224

12.1.5.4 MnM view           224

12.1.5.4.1            Key strengths/Right to win 224

12.1.5.4.2            Strategic choices  224

12.1.5.4.3            Weaknesses/Competitive threats     224

12.1.6    ARKEMA            225

12.1.6.1 Business overview 225

12.1.6.2 Products/Solutions/Services offered 226

12.1.6.3 Recent developments         227

12.1.6.3.1            Deals     227

12.1.6.4 MnM view           227

12.1.6.4.1            Key strengths/Right to win 227

12.1.6.4.2            Strategic choices  228

12.1.6.4.3            Weaknesses/Competitive threats     228

12.1.7    EASTMAN CHEMICAL COMPANY           229

12.1.7.1 Business overview 229

12.1.7.2 Products/Solutions/Services offered 230

12.1.7.3 Recent developments         234

12.1.7.3.1            Product launches 234

12.1.7.3.2            Expansions          234

12.1.7.4 MnM view           235

12.1.7.4.1            Key strengths/Right to win 235

12.1.7.4.2            Strategic choices  235

12.1.7.4.3            Weaknesses/Competitive threats     235

12.1.8    ASHLAND INC. 236

12.1.8.1 Business overview 236

12.1.8.2 Products/Solutions/Services offered 237

12.1.8.3 MnM view           238

12.1.8.3.1            Key strengths/Right to win 238

12.1.8.3.2            Strategic choices  238

12.1.8.3.3            Weaknesses/Competitive threats     239

12.1.9    CLARIANT AG   240

12.1.9.1 Business overview 240

12.1.9.2 Products/Solutions/Services offered 241

12.1.9.3 MnM view           242

12.1.9.3.1            Key strengths/Right to win 242

12.1.9.3.2            Strategic choices  242

12.1.9.3.3            Weaknesses/Competitive threats     242

12.1.10  ALLNEX GMBH 243

12.1.10.1             Business overview 243

12.1.10.2             Products/Solutions/Services offered 243

12.1.10.3             Recent developments         244

12.1.10.3.1          Product launches 244

12.1.10.3.2          Deals     244

12.1.10.3.3          Expansions          245

12.1.11  ELEMENTIS PLC            246

12.1.11.1             Business overview 246

12.1.11.2             Products/Solutions/Services offered 247

12.1.11.3             Recent developments         249

12.1.11.3.1          Product launches 249

12.1.11.3.2          Expansions          249

12.1.12  THE LUBRIZOL CORPORATION 250

12.1.12.1             Business overview 250

12.1.12.2             Products/Solutions/Services offered 250

12.1.13  MOMENTIVE PERFORMANCE MATERIALS INC. 251

12.1.13.1             Business overview 251

12.1.13.2             Products/Solutions/Services offered 251

12.1.14  MÜNZING CORPORATION         252

12.1.14.1             Business overview 252

12.1.14.2             Products/Solutions/Services offered 252

12.2       OTHER PLAYERS           253

12.2.1    HUNTSMAN CORPORATION     253

12.2.2    SOLVAY SA        254

12.2.3    DEUTERON GMBH        254

12.2.4    ICL GROUP LTD.            255

12.2.5    IRO GROUP INC.             255

12.2.6    RAJ SPECIALTY ADDITIVES PVT. LTD.   256

12.2.7    ADVANCION CORPORATION    256

12.2.8    CRODA INTERNATIONAL PLC  257

12.2.9    BUCKMAN LABORATORIES INTERNATIONAL, INC.        258

12.2.10  MICHELMAN, INC.         259

12.2.11  UNIQCHEM GMBH        260

13          ADJACENT AND RELATED MARKETS     261

13.1       INTRODUCTION            261

13.2       ARCHITECTURAL COATINGS MARKET 261

13.2.1    MARKET DEFINITION   261

13.2.2    MARKET OVERVIEW     261

13.3       ARCHITECTURAL COATINGS MARKET, BY REGION       262

13.3.1    ASIA PACIFIC    263

13.3.2    NORTH AMERICA          264

13.3.3    EUROPE             265

13.3.4    MIDDLE EAST & AFRICA             267

13.3.5    SOUTH AMERICA           268

14          APPENDIX         270

14.1       DISCUSSION GUIDE      270

14.2       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             272

14.3       CUSTOMIZATION OPTIONS      274

14.4       RELATED REPORTS       274

14.5       AUTHOR DETAILS         275

LIST OF TABLES

TABLE 1             DEFINITION AND INCLUSIONS, BY TYPE            29

TABLE 2             DEFINITION AND INCLUSIONS, BY APPLICATION          30

TABLE 3             DEFINITION AND INCLUSIONS, BY FORMULATION       30

TABLE 4             COATING ADDITIVES MARKET: PORTER’S FIVE FORCES ANALYSIS          54

TABLE 5             INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS (%)             57

TABLE 6             KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS              58

TABLE 7             GDP TRENDS AND FORECAST OF MAJOR ECONOMIES, 2021–2029 (USD BILLION)      59

TABLE 8             INDICATIVE PRICING TREND OF COATING ADDITIVES OFFERED BY KEY PLAYERS, BY APPLICATION, 2023 (USD/KG)   62

TABLE 9             INDICATIVE PRICING TREND OF COATING ADDITIVES, BY REGION,

2022–2029 (USD/KG)      62

TABLE 10           ROLES OF COMPANIES IN COATING ADDITIVES ECOSYSTEM              64

TABLE 11           IMPORT DATA FOR HS CODE 320890-COMPLIANT PRODUCTS, BY REGION,

2018–2023 (USD MILLION)          68

TABLE 12           EXPORT DATA FOR HS CODE 320890-COMPLIANT PRODUCTS, BY REGION,

2018–2023 (USD MILLION)          69

TABLE 13           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         69

TABLE 14           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 70

TABLE 15           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         70

TABLE 16           GLOBAL: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 72

TABLE 17           COATING ADDITIVES MARKET: KEY CONFERENCES AND EVENTS, 2024–2025        72

TABLE 18           PATENT STATUS: PATENT APPLICATIONS, LIMITED PATENTS, AND GRANTED PATENTS, 2013–2023     74

TABLE 19           LIST OF MAJOR PATENTS RELATED TO COATING ADDITIVES, 2013–2023          75

TABLE 20           PATENTS BY BASF SE    77

TABLE 21           COATING ADDITIVES MARKET, BY TYPE, 2018–2023 (USD MILLION)          81

TABLE 22           COATING ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)          82

TABLE 23           COATING ADDITIVES MARKET, BY TYPE, 2018–2023 (KILOTON)              82

TABLE 24           COATING ADDITIVES MARKET, BY TYPE, 2024–2029 (KILOTON)              82

TABLE 25           DEFOAMERS: COATING ADDITIVES MARKET, BY REGION,

2018–2023 (USD MILLION)          83

TABLE 26           DEFOAMERS: COATING ADDITIVES MARKET, BY REGION,

2024–2029 (USD MILLION)          83

TABLE 27           DEFOAMERS: COATING ADDITIVES MARKET, BY REGION, 2018–2023 (KILOTON)   84

TABLE 28           DEFOAMERS: COATING ADDITIVES MARKET, BY REGION, 2024–2029 (KILOTON)   84

TABLE 29           WETTING & DISPERSING AGENTS: COATING ADDITIVES MARKET, BY REGION,  2018–2023 (USD MILLION)          85

TABLE 30           WETTING & DISPERSING AGENTS: COATING ADDITIVES MARKET, BY REGION,  2024–2029 (USD MILLION)          85

TABLE 31           WETTING & DISPERSING AGENTS: COATING ADDITIVES MARKET, BY REGION,  2018–2023 (KILOTON)   85

TABLE 32           WETTING & DISPERSING AGENTS: COATING ADDITIVES MARKET, BY REGION,  2024–2029 (KILOTON)   86

TABLE 33           RHEOLOGY MODIFIERS: COATING ADDITIVES MARKET, BY REGION,

2018–2023 (USD MILLION)          86

TABLE 34           RHEOLOGY MODIFIERS: COATING ADDITIVES MARKET, BY REGION,

2024–2029 (USD MILLION)          87

TABLE 35           RHEOLOGY MODIFIERS: COATING ADDITIVES MARKET, BY REGION,

2018–2023 (KILOTON)   87

TABLE 36           RHEOLOGY MODIFIERS: COATING ADDITIVES MARKET, BY REGION,

2024–2029 (KILOTON)   87

TABLE 37           OTHER TYPES: COATING ADDITIVES MARKET, BY REGION,

2018–2023 (USD MILLION)          88

TABLE 38           OTHER TYPES: COATING ADDITIVES MARKET, BY REGION,

2024–2029 (USD MILLION)          88

TABLE 39           OTHER TYPES: COATING ADDITIVES MARKET, BY REGION, 2018–2023 (KILOTON)   89

TABLE 40           OTHER TYPES: COATING ADDITIVES MARKET, BY REGION, 2024–2029 (KILOTON)   89

TABLE 41           COATING ADDITIVES MARKET, BY FORMULATION, 2018–2023 (USD MILLION) 91

TABLE 42           COATING ADDITIVES MARKET, BY FORMULATION, 2024–2029 (USD MILLION) 92

TABLE 43           COATING ADDITIVES MARKET, BY FORMULATION, 2018–2023 (KILOTON)       92

TABLE 44           COATING ADDITIVES MARKET, BY FORMULATION, 2024–2029 (KILOTON)       92

TABLE 45           WATER-BORNE FORMULATION: COATING ADDITIVES MARKET, BY REGION,

2018–2023 (USD MILLION)          93

TABLE 46           WATER-BORNE FORMULATION: COATING ADDITIVES MARKET, BY REGION,

2024–2029 (USD MILLION)          93

TABLE 47           WATER-BORNE FORMULATION: COATING ADDITIVES MARKET, BY REGION,

2018–2023 (KILOTON)   94

TABLE 48           WATER-BORNE FORMULATION: COATING ADDITIVES MARKET, BY REGION,

2024–2029 (KILOTON)   94

TABLE 49           SOLVENT-BORNE FORMULATION: COATING ADDITIVES MARKET, BY REGION,  2018–2023 (USD MILLION)          95

TABLE 50           SOLVENT-BORNE FORMULATION: COATING ADDITIVES MARKET, BY REGION,  2024–2029 (USD MILLION)          95

TABLE 51           SOLVENT-BORNE FORMULATION: COATING ADDITIVES MARKET, BY REGION,  2018–2023 (KILOTON)   95

TABLE 52           SOLVENT-BORNE FORMULATION: COATING ADDITIVES MARKET, BY REGION,  2024–2029 (KILOTON)   96

TABLE 53           OTHER FORMULATIONS: COATING ADDITIVES MARKET, BY REGION,

2018–2023 (USD MILLION)          96

TABLE 54           OTHER FORMULATIONS: COATING ADDITIVES MARKET, BY REGION,

2024–2029 (USD MILLION)          97

TABLE 55           OTHER FORMULATIONS: COATING ADDITIVES MARKET, BY REGION,

2018–2023 (KILOTON)   97

TABLE 56           OTHER FORMULATIONS: COATING ADDITIVES MARKET, BY REGION,

2024–2029 (KILOTON)   97

TABLE 57           COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (USD MILLION) 100

TABLE 58           COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 100

TABLE 59           COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)       100

TABLE 60           COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)       101

TABLE 61           ARCHITECTURAL: COATING ADDITIVES MARKET, BY REGION,

2018–2023 (USD MILLION)          101

TABLE 62           ARCHITECTURAL: COATING ADDITIVES MARKET, BY REGION,

2024–2029 (USD MILLION)          102

TABLE 63           ARCHITECTURAL: COATING ADDITIVES MARKET, BY REGION,

2018–2023 (KILOTON)   102

TABLE 64           ARCHITECTURAL: COATING ADDITIVES MARKET, BY REGION,

2024–2029 (KILOTON)   102

TABLE 65           INDUSTRIAL: COATING ADDITIVES MARKET, BY REGION,

2018–2023 (USD MILLION)        103

TABLE 66           INDUSTRIAL: COATING ADDITIVES MARKET, BY REGION,

2024–2029 (USD MILLION)          103

TABLE 67           INDUSTRIAL: COATING ADDITIVES MARKET, BY REGION,  2018–2023 (KILOTON)   104

TABLE 68           INDUSTRIAL: COATING ADDITIVES MARKET, BY REGION,  2024–2029 (KILOTON)   104

TABLE 69           AUTOMOTIVE & TRANSPORTATION: COATING ADDITIVES MARKET, BY REGION,  2018–2023 (USD MILLION)          105

TABLE 70           AUTOMOTIVE & TRANSPORTATION: COATING ADDITIVES MARKET, BY REGION,  2024–2029 (USD MILLION)          105

TABLE 71           AUTOMOTIVE & TRANSPORTATION: COATING ADDITIVES MARKET, BY REGION,  2018–2023 (KILOTON)   106

TABLE 72           AUTOMOTIVE & TRANSPORTATION: COATING ADDITIVES MARKET, BY REGION,  2024–2029 (KILOTON)   106

TABLE 73           WOOD & FURNITURE: COATING ADDITIVES MARKET, BY REGION,

2018–2023 (USD MILLION)        107

TABLE 74           WOOD & FURNITURE: COATING ADDITIVES MARKET, BY REGION,

2024–2029 (USD MILLION)        107

TABLE 75           WOOD & FURNITURE: COATING ADDITIVES MARKET, BY REGION,

2018–2023 (KILOTON)   107

TABLE 76           WOOD & FURNITURE: COATING ADDITIVES MARKET, BY REGION,

2024–2029 (KILOTON)   108

TABLE 77           OTHER APPLICATIONS: COATING ADDITIVES MARKET, BY REGION,

2018–2023 (USD MILLION)          108

TABLE 78           OTHER APPLICATIONS: COATING ADDITIVES MARKET, BY REGION,

2024–2029 (USD MILLION)          109

TABLE 79           OTHER APPLICATIONS: COATING ADDITIVES MARKET, BY REGION,

2018–2023 (KILOTON)   109

TABLE 80           OTHER APPLICATIONS: COATING ADDITIVES MARKET, BY REGION,

2024–2029 (KILOTON)   109

TABLE 81           COATING ADDITIVES MARKET, BY REGION, 2018–2023 (USD MILLION)          111

TABLE 82           COATING ADDITIVES MARKET, BY REGION, 2024–2029 (USD MILLION)          112

TABLE 83           COATING ADDITIVES MARKET, BY REGION, 2018–2023 (KILOTON)       112

TABLE 84           COATING ADDITIVES MARKET, BY REGION, 2024–2029 (KILOTON)       112

TABLE 85           ASIA PACIFIC: COATING ADDITIVES MARKET, BY TYPE, 2018–2023 (USD MILLION)     114

TABLE 86           ASIA PACIFIC: COATING ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)     115

TABLE 87           ASIA PACIFIC: COATING ADDITIVES MARKET, BY TYPE, 2018–2023 (KILOTON)             115

TABLE 88           ASIA PACIFIC: COATING ADDITIVES MARKET, BY TYPE, 2024–2029 (KILOTON)             115

TABLE 89           ASIA PACIFIC: COATING ADDITIVES MARKET, BY FORMULATION,

2018–2023 (USD MILLION)        115

TABLE 90           ASIA PACIFIC: COATING ADDITIVES MARKET, BY FORMULATION,

2024–2029 (USD MILLION)          116

TABLE 91           ASIA PACIFIC: COATING ADDITIVES MARKET, BY FORMULATION,

2018–2023 (KILOTON)   116

TABLE 92           ASIA PACIFIC: COATING ADDITIVES MARKET, BY FORMULATION,

2024–2029 (KILOTON)   116

TABLE 93           ASIA PACIFIC: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          117

TABLE 94           ASIA PACIFIC: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          117

TABLE 95           ASIA PACIFIC: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (KILOTON)   118

TABLE 96           ASIA PACIFIC: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (KILOTON)   118

TABLE 97           ASIA PACIFIC: COATING ADDITIVES MARKET, BY COUNTRY,

2018–2023 (USD MILLION)          118

TABLE 98           ASIA PACIFIC: COATING ADDITIVES MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          119

TABLE 99           ASIA PACIFIC: COATING ADDITIVES MARKET, BY COUNTRY, 2018–2023 (KILOTON)   119

TABLE 100         ASIA PACIFIC: COATING ADDITIVES MARKET, BY COUNTRY, 2024–2029 (KILOTON)   119

TABLE 101         CHINA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          120

TABLE 102         CHINA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          120

TABLE 103         CHINA: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)   121

TABLE 104         CHINA: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)   121

TABLE 105         INDIA: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (USD MILLION)     122

TABLE 106         INDIA: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     122

TABLE 107         INDIA: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)             123

TABLE 108         INDIA: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)             123

TABLE 109         JAPAN: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          124

TABLE 110         JAPAN: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          124

TABLE 111         JAPAN: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)   124

TABLE 112         JAPAN: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)   125

TABLE 113         SOUTH KOREA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          125

TABLE 114         SOUTH KOREA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          126

TABLE 115         SOUTH KOREA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (KILOTON)   126

TABLE 116         SOUTH KOREA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (KILOTON)   126

TABLE 117         INDONESIA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          127

TABLE 118         INDONESIA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          127

TABLE 119         INDONESIA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (KILOTON)   128

TABLE 120         INDONESIA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (KILOTON)   128

TABLE 121         NORTH AMERICA: COATING ADDITIVES MARKET, BY TYPE,

2018–2023 (USD MILLION)          129

TABLE 122         NORTH AMERICA: COATING ADDITIVES MARKET, BY TYPE,

2024–2029 (USD MILLION)          130

TABLE 123         NORTH AMERICA: COATING ADDITIVES MARKET, BY TYPE, 2018–2023 (KILOTON)   130

TABLE 124         NORTH AMERICA: COATING ADDITIVES MARKET, BY TYPE, 2024–2029 (KILOTON)   130

TABLE 125         NORTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION,

2018–2023 (USD MILLION)          131

TABLE 126         NORTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION,

2024–2029 (USD MILLION)          131

TABLE 127         NORTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION,

2018–2023 (KILOTON)   131

TABLE 128         NORTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION,

2024–2029 (KILOTON)   132

TABLE 129         NORTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          132

TABLE 130         NORTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          132

TABLE 131         NORTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (KILOTON)   133

TABLE 132         NORTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (KILOTON)   133

TABLE 133         NORTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY,

2018–2023 (USD MILLION)          133

TABLE 134         NORTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          133

TABLE 135         NORTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY,

2018–2023 (KILOTON)   134

TABLE 136         NORTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY,

2024–2029 (KILOTON)   134

TABLE 137         US: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (USD MILLION)     135

TABLE 138         US: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     135

TABLE 139         US: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)             135

TABLE 140         US: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)             136

TABLE 141         CANADA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          136

TABLE 142         CANADA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          137

TABLE 143         CANADA: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)   137

TABLE 144         CANADA: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)   137

TABLE 145         MEXICO: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          138

TABLE 146         MEXICO: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          138

TABLE 147         MEXICO: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)   139

TABLE 148         MEXICO: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)   139

TABLE 149         EUROPE: COATING ADDITIVES MARKET, BY TYPE, 2018–2023 (USD MILLION) 140

TABLE 150         EUROPE: COATING ADDITIVES MARKET, BY TYPE, 2024–2029 (USD MILLION) 141

TABLE 151         EUROPE: COATING ADDITIVES MARKET, BY TYPE, 2018–2023 (KILOTON)       141

TABLE 152         EUROPE: COATING ADDITIVES MARKET, BY TYPE, 2024–2029 (KILOTON)       141

TABLE 153         EUROPE: COATING ADDITIVES MARKET, BY FORMULATION,

2018–2023 (USD MILLION)          141

TABLE 154         EUROPE: COATING ADDITIVES MARKET, BY FORMULATION,

2024–2029 (USD MILLION)          142

TABLE 155         EUROPE: COATING ADDITIVES MARKET, BY FORMULATION, 2018–2023 (KILOTON)   142

TABLE 156         EUROPE: COATING ADDITIVES MARKET, BY FORMULATION, 2024–2029 (KILOTON)   142

TABLE 157         EUROPE: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          142

TABLE 158         EUROPE: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          143

TABLE 159         EUROPE: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)   143

TABLE 160         EUROPE: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)   143

TABLE 161         EUROPE: COATING ADDITIVES MARKET, BY COUNTRY, 2018–2023 (USD MILLION)     144

TABLE 162         EUROPE: COATING ADDITIVES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     144

TABLE 163         EUROPE: COATING ADDITIVES MARKET, BY COUNTRY, 2018–2023 (KILOTON)             145

TABLE 164         EUROPE: COATING ADDITIVES MARKET, BY COUNTRY, 2024–2029 (KILOTON)             145

TABLE 165         GERMANY: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          146

TABLE 166         GERMANY: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          146

TABLE 167         GERMANY: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)   146

TABLE 168         GERMANY: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)   147

TABLE 169         UK: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (USD MILLION)     147

TABLE 170         UK: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     148

TABLE 171         UK: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)             148

TABLE 172         UK: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)             148

TABLE 173         FRANCE: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          149

TABLE 174         FRANCE: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          149

TABLE 175         FRANCE: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)   150

TABLE 176         FRANCE: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)   150

TABLE 177         ITALY: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (USD MILLION)     151

TABLE 178         ITALY: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     151

TABLE 179         ITALY: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)             151

TABLE 180         ITALY: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)             152

TABLE 181         SPAIN: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          152

TABLE 182         SPAIN: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          153

TABLE 183         SPAIN: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)             153

TABLE 184         SPAIN: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)             153

TABLE 185         RUSSIA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          154

TABLE 186         RUSSIA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          154

TABLE 187         RUSSIA: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)   155

TABLE 188         RUSSIA: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)   155

TABLE 189         TURKEY: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          155

TABLE 190         TURKEY: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          156

TABLE 191         TURKEY: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)   156

TABLE 192         TURKEY: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)   156

TABLE 193         SOUTH AMERICA: COATING ADDITIVES MARKET, BY TYPE,

2018–2023 (USD MILLION)          157

TABLE 194         SOUTH AMERICA: COATING ADDITIVES MARKET, BY TYPE,

2024–2029 (USD MILLION)          157

TABLE 195         SOUTH AMERICA: COATING ADDITIVES MARKET, BY TYPE, 2018–2023 (KILOTON)   158

TABLE 196         SOUTH AMERICA: COATING ADDITIVES MARKET, BY TYPE, 2024–2029 (KILOTON)   158

TABLE 197         SOUTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION,

2018–2023 (USD MILLION)          158

TABLE 198         SOUTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION,

2024–2029 (USD MILLION)          158

TABLE 199         SOUTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION,

2018–2023 (KILOTON)   159

TABLE 200         SOUTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION,

2024–2029 (KILOTON)   159

TABLE 201         SOUTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          159

TABLE 202         SOUTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          160

TABLE 203         SOUTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (KILOTON)   160

TABLE 204         SOUTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (KILOTON)   160

TABLE 205         SOUTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY,

2018–2023 (USD MILLION)          161

TABLE 206         SOUTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY,

2024–2029 (USD MILLION)        161

TABLE 207         SOUTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY,

2018–2023 (KILOTON) 161

TABLE 208         SOUTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY,

2024–2029 (KILOTON)   162

TABLE 209         BRAZIL: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          162

TABLE 210         BRAZIL: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          163

TABLE 211         BRAZIL: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)   163

TABLE 212         BRAZIL: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)   163

TABLE 213        ARGENTINA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          164

TABLE 214        ARGENTINA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          164

TABLE 215        ARGENTINA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (KILOTON)   165

TABLE 216        ARGENTINA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (KILOTON)   165

TABLE 217         CHILE: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (USD MILLION)     166

TABLE 218         CHILE: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     166

TABLE 219         CHILE: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)             166

TABLE 220         CHILE: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)             167

TABLE 221         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY TYPE,

2018–2023 (USD MILLION)          167

TABLE 222         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY TYPE,

2024–2029 (USD MILLION)          168

TABLE 223         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY TYPE,

2018–2023 (KILOTON)   168

TABLE 224         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY TYPE,

2024–2029 (KILOTON)   168

TABLE 225         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY FORMULATION,

2018–2023 (USD MILLION)          169

TABLE 226         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY FORMULATION,

2024–2029 (USD MILLION)          169

TABLE 227         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY FORMULATION,

2018–2023 (KILOTON)   169

TABLE 228         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY FORMULATION,

2024–2029 (KILOTON)   169

TABLE 229         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          170

TABLE 230         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          170

TABLE 231         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (KILOTON)   170

TABLE 232         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (KILOTON)   171

TABLE 233         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY COUNTRY,

2018–2023 (USD MILLION)          171

TABLE 234         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          171

TABLE 235         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY COUNTRY,

2018–2023 (KILOTON)   172

TABLE 236         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY COUNTRY,

2024–2029 (KILOTON)   172

TABLE 237         SAUDI ARABIA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)        173

TABLE 238         SAUDI ARABIA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          174

TABLE 239         SAUDI ARABIA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (KILOTON)   174

TABLE 240         SAUDI ARABIA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (KILOTON)   174

TABLE 241         UAE: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (USD MILLION)     175

TABLE 242         UAE: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     175

TABLE 243         UAE: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)             176

TABLE 244         UAE: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)             176

TABLE 245         QATAR: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          177

TABLE 246         QATAR: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          177

TABLE 247         QATAR: COATING ADDITIVES MARKET, BY APPLICATION, 2018–2023 (KILOTON)   177

TABLE 248         QATAR: COATING ADDITIVES MARKET, BY APPLICATION, 2024–2029 (KILOTON)   178

TABLE 249         SOUTH AFRICA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          178

TABLE 250         SOUTH AFRICA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          179

TABLE 251         SOUTH AFRICA: COATING ADDITIVES MARKET, BY APPLICATION,

2018–2023 (KILOTON)   179

TABLE 252         SOUTH AFRICA: COATING ADDITIVES MARKET, BY APPLICATION,

2024–2029 (KILOTON)   179

TABLE 253         COATING ADDITIVE MARKET: KEY STRATEGIES ADOPTED BY MAJOR PLAYERS            180

TABLE 254         COATING ADDITIVES MARKET: DEGREE OF COMPETITION, 2023      182

TABLE 255         COATING ADDITIVES MARKET: TYPE FOOTPRINT        187

TABLE 256         COATING ADDITIVES MARKET: APPLICATION FOOTPRINT              188

TABLE 257         COATING ADDITIVES MARKET: FORMULATION FOOTPRINT              189

TABLE 258         COATING ADDITIVES MARKET: REGION FOOTPRINT   190

TABLE 259         COATING ADDITIVES MARKET: DETAILED LIST OF KEY STARTUPS/SMES           193

TABLE 260         COATING ADDITIVES MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES        193

TABLE 261         COATING ADDITIVES MARKET: PRODUCT LAUNCHES,

JANUARY 2020–SEPTEMBER 2024            196

TABLE 262         COATING ADDITIVES MARKET: DEALS, JANUARY 2020–SEPTEMBER 2024           199

TABLE 263         COATING ADDITIVES MARKET: EXPANSIONS, JANUARY 2020–SEPTEMBER 2024           199

TABLE 264         COATING ADDITIVES MARKET: OTHERS, JANUARY 2020–SEPTEMBER 2024           201

TABLE 265         BASF SE: COMPANY OVERVIEW 202

TABLE 266         BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 203

TABLE 267         BASF SE: DEALS 204

TABLE 268         BASF SE: EXPANSIONS  205

TABLE 269         ALTANA AG: COMPANY OVERVIEW       207

TABLE 270         ALTANA AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED              208

TABLE 271         ALTANA AG: PRODUCT LAUNCHES       210

TABLE 272         ALTANA AG: EXPANSIONS         211

TABLE 273         DOW INC.: COMPANY OVERVIEW          213

TABLE 274         DOW INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              214

TABLE 275         NOURYON: COMPANY OVERVIEW         216

TABLE 276         NOURYON: PRODUCTS/SOLUTIONS/SERVICES OFFERED              217

TABLE 277         NOURYON: PRODUCT LAUNCHES         218

TABLE 278         NOURYON: EXPANSIONS           219

TABLE 279         EVONIK INDUSTRIES AG: COMPANY OVERVIEW             220

TABLE 280         EVONIK INDUSTRIES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED          221

TABLE 281         EVONIK INDUSTRIES AG: PRODUCT LAUNCHES            222

TABLE 282         EVONIK INDUSTRIES AG: EXPANSIONS 223

TABLE 283         EVONIK INDUSTRIES AG: OTHERS         224

TABLE 284         ARKEMA: COMPANY OVERVIEW             225

TABLE 285         ARKEMA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 226

TABLE 286         ARKEMA: DEALS            227

TABLE 287         EASTMAN CHEMICAL COMPANY: COMPANY OVERVIEW              229

TABLE 288         EASTMAN CHEMICAL COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED   230

TABLE 289         EASTMAN CHEMICAL COMPANY: PRODUCT LAUNCHES              234

TABLE 290         EASTMAN CHEMICAL COMPANY: EXPANSIONS 234

TABLE 291         ASHLAND INC.: COMPANY OVERVIEW  236

TABLE 292         ASHLAND INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              237

TABLE 293         CLARIANT AG: COMPANY OVERVIEW   240

TABLE 294         CLARIANT AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED              241

TABLE 295         ALLNEX GMBH: COMPANY OVERVIEW 243

TABLE 296         ALLNEX GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED              243

TABLE 297         ALLNEX GMBH: PRODUCT LAUNCHES 244

TABLE 298         ALLNEX GMBH: DEALS 244

TABLE 299         ALLNEX GMBH: EXPANSIONS    245

TABLE 300         ELEMENTIS PLC: COMPANY OVERVIEW             246

TABLE 301         ELEMENTIS PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED              247

TABLE 302         ELEMENTIS PLC: PRODUCT LAUNCHES             249

TABLE 303         ELEMENTIS PLC: EXPANSIONS 249

TABLE 304         THE LUBRIZOL CORPORATION: COMPANY OVERVIEW 250

TABLE 305         THE LUBRIZOL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   250

TABLE 306         MOMENTIVE PERFORMANCE MATERIALS INC.: COMPANY OVERVIEW        251

TABLE 307         MOMENTIVE PERFORMANCE MATERIALS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   251

TABLE 308         MÜNZING CORPORATION: COMPANY OVERVIEW         252

TABLE 309         MÜNZING CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          252

TABLE 310         HUNTSMAN CORPORATION: COMPANY OVERVIEW      253

TABLE 311         SOLVAY SA: COMPANY OVERVIEW        254

TABLE 312         DEUTERON GMBH: COMPANY OVERVIEW         254

TABLE 313         ICL GROUP LTD.: COMPANY OVERVIEW            255

TABLE 314         IRO GROUP INC.: COMPANY OVERVIEW             255

TABLE 315         RAJ SPECIALTY ADDITIVES PVT. LTD.: COMPANY OVERVIEW              256

TABLE 316         ADVANCION CORPORATION: COMPANY OVERVIEW     256

TABLE 317         CRODA INTERNATIONAL PLC: COMPANY OVERVIEW   257

TABLE 318         BUCKMAN LABORATORIES INTERNATIONAL, INC.: COMPANY OVERVIEW        258

TABLE 319         MICHELMAN, INC.: COMPANY OVERVIEW          259

TABLE 320         UNIQCHEM GMBH: COMPANY OVERVIEW         260

TABLE 321         ARCHITECTURAL COATINGS MARKET, BY REGION, 2019–2022 (USD MILLION) 262

TABLE 322         ARCHITECTURAL COATINGS MARKET, BY REGION, 2023–2028 (USD MILLION) 262

TABLE 323         ARCHITECTURAL COATINGS MARKET, BY REGION, 2019–2022 (KILOTON)       262

TABLE 324         ARCHITECTURAL COATINGS MARKET, BY REGION, 2023–2028 (KILOTON)       263

TABLE 325         ASIA PACIFIC: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2019–2022 (USD MILLION)          263

TABLE 326         ASIA PACIFIC: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2023–2028 (USD MILLION)          263

TABLE 327         ASIA PACIFIC: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2019–2022 (KILOTON)   264

TABLE 328         ASIA PACIFIC: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2023–2028 (KILOTON)   264

TABLE 329         NORTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2019–2022 (USD MILLION)          264

TABLE 330         NORTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2023–2028 (USD MILLION)          265

TABLE 331         NORTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2019–2022 (KILOTON)   265

TABLE 332         NORTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2023–2028 (KILOTON)   265

TABLE 333        EUROPE: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2019–2022 (USD MILLION)        265

TABLE 334        EUROPE: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2023–2028 (USD MILLION)          266

TABLE 335        EUROPE: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2019–2022 (KILOTON)   266

TABLE 336        EUROPE: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2023–2028 (KILOTON)   266

TABLE 337         MIDDLE EAST & AFRICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2019–2022 (USD MILLION)      267

TABLE 338         MIDDLE EAST & AFRICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2023–2028 (USD MILLION)      267

TABLE 339         MIDDLE EAST & AFRICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2019–2022 (KILOTON)             267

TABLE 340         MIDDLE EAST & AFRICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2023–2028 (KILOTON)             268

TABLE 341         SOUTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2019–2022 (USD MILLION)          268

TABLE 342         SOUTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2023–2028 (USD MILLION)        268

TABLE 343         SOUTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2019–2022 (KILOTON) 268

TABLE 344         SOUTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,

2023–2028 (KILOTON)   269

LIST OF FIGURES

FIGURE 1           COATING ADDITIVES MARKET: RESEARCH DESIGN      32

FIGURE 2           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): COLLECTIVE SHARE OF MAJOR PLAYERS           35

FIGURE 3           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2—BOTTOM UP

(SUPPLY SIDE): COLLECTIVE REVENUE OF ALL PRODUCTS      36

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3—BOTTOM UP

(DEMAND SIDE)            36

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3—TOP-DOWN      37

FIGURE 6           COATING ADDITIVES MARKET: DATA TRIANGULATION              38

FIGURE 7           SUPPLY-SIDE MARKET CAGR PROJECTIONS      39

FIGURE 8           DEMAND-SIDE MARKET GROWTH PROJECTIONS: DRIVERS AND OPPORTUNITIES  40

FIGURE 9           ARCHITECTURAL SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD     43

FIGURE 10         RHEOLOGY MODIFIERS TO LEAD MARKET DURING FORECAST PERIOD              43

FIGURE 11         WATER-BORNE COATINGS TO DOMINATE MARKET DURING FORECAST PERIOD       44

FIGURE 12         ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF COATING ADDITIVES  MARKET IN 2023   45

FIGURE 13         RISING USE OF WATER-BASED AND LOW-VOC COATINGS IN AGRICULTURAL APPLICATIONS TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS 46

FIGURE 14         ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       46

FIGURE 15         CHINA AND ARCHITECTURAL SEGMENT DOMINATED ASIA PACIFIC COATING ADDITIVES MARKET IN 2023 47

FIGURE 16         WATER-BORNE FORMULATIONS LED MARKET ACROSS ALL REGIONS IN 2023            47

FIGURE 17         INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD              48

FIGURE 18         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN COATING ADDITIVES MARKET          50

FIGURE 19         PORTER’S FIVE FORCES ANALYSIS OF COATING ADDITIVES MARKET            54

FIGURE 20         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS      57

FIGURE 21         KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS              58

FIGURE 22         COATING ADDITIVES MARKET: SUPPLY CHAIN ANALYSIS              60

FIGURE 23         AVERAGE SELLING PRICE TREND OF COATING ADDITIVES OFFERED BY KEY PLAYERS, BY APPLICATION, 2023 (USD/KG)   61

FIGURE 24         AVERAGE SELLING PRICE TREND OF COATING ADDITIVES, BY REGION,

2022–2029 (USD/KG)      62

FIGURE 25         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS              63

FIGURE 26         COATING ADDITIVES MARKET: ECOSYSTEM ANALYSIS 64

FIGURE 27         IMPORT DATA FOR HS CODE 320890-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2018–2023 (USD MILLION)    67

FIGURE 28         EXPORT DATA FOR HS CODE 320890-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2018–2023 (USD MILLION)    68

FIGURE 29         PATENTS REGISTERED FOR COATING ADDITIVES, 2013–2023              74

FIGURE 30         MAJOR PATENTS RELATED TO COATING ADDITIVES, 2013–2023      75

FIGURE 31         LEGAL STATUS OF PATENTS FILED RELATED TO COATING ADDITIVES,  2013–2023 78

FIGURE 32         MAXIMUM PATENTS FILED IN JURISDICTION OF US, 2013–2023              78

FIGURE 33         IMPACT OF AI/GEN AI ON COATING ADDITIVES MARKET              79

FIGURE 34         RHEOLOGY MODIFIERS SEGMENT TO LEAD COATING ADDITIVES MARKET DURING FORECAST PERIOD          81

FIGURE 35         WATER-BORNE FORMULATION TO DOMINATE COATING ADDITIVES MARKET DURING FORECAST PERIOD          91

FIGURE 36         ARCHITECTURAL APPLICATION TO DOMINATE MARKET DURING FORECAST PERIOD     99

FIGURE 37         ASIA PACIFIC TO BE FASTEST-GROWING COATING ADDITIVES MARKET BETWEEN 2024 AND 2029         111

FIGURE 38         ASIA PACIFIC: COATING ADDITIVES MARKET SNAPSHOT              114

FIGURE 39         NORTH AMERICA: COATING ADDITIVES MARKET SNAPSHOT              129

FIGURE 40         EUROPE: COATING ADDITIVES MARKET SNAPSHOT     140

FIGURE 41         COATING ADDITIVES MARKET SHARE ANALYSIS, 2023  182

FIGURE 42         COATING ADDITIVES MARKET: REVENUE ANALYSIS OF KEY COMPANIES,

2019–2023 (USD MILLION)          184

FIGURE 43         COATING ADDITIVES MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023     185

FIGURE 44         COATING ADDITIVES MARKET: COMPANY FOOTPRINT              186

FIGURE 45         COATING ADDITIVES MARKET: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2023             192

FIGURE 46         COATING ADDITIVES MARKET: BRAND/PRODUCT COMPARISON   194

FIGURE 47         COATING ADDITIVES MARKET: EV/EBITDA OF KEY COMPANIES      195

FIGURE 48         COATING ADDITIVES MARKET: ENTERPRISE VALUATION (EV) OF KEY PLAYERS

(USD BILLION) 195

FIGURE 49         BASF SE: COMPANY SNAPSHOT 203

FIGURE 50         ALTANA AG: COMPANY SNAPSHOT       208

FIGURE 51         DOW INC.: COMPANY SNAPSHOT          214

FIGURE 52         NOURYON: COMPANY SNAPSHOT         216

FIGURE 53         EVONIK INDUSTRIES AG: COMPANY SNAPSHOT            221

FIGURE 54         ARKEMA: COMPANY SNAPSHOT            226

FIGURE 55         EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT              230

FIGURE 56         ASHLAND INC.: COMPANY SNAPSHOT  237

FIGURE 57         CLARIANT AG: COMPANY SNAPSHOT   241

FIGURE 58         ELEMENTIS PLC: COMPANY SNAPSHOT             247