コーティング用添加剤市場 : 2028年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2023年9月

Coating Additives Market – Global Forecast to 2028

コーティング用添加剤市場 : タイプ(消泡剤、湿潤剤&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&輸送、木材&家具)、地域別 – 2028年までの世界予測
Coating Additives Market by Type (defoamers, wetting & dispersing agents, rheology modifiers), Formulation(water-borne, solvent-borne), Application(architectural, industrial, automotive & transportation, wood & furniture), Region – Global Forecast to 2028

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Report Overview

The coating additives market is poised for significant growth, with a projected value of USD 8.3 billion in 2023 to USD 10.5 billion by 2028, at a CAGR of 4.7%. Cutting-edge high-performance and multifunctional additives are driving innovation in the coating industry. This innovation is ushering in an era where coatings become versatile protective shields, combining both protection and enhanced functionality. Multifunctional additives present an exciting opportunity in the coating additives market by offering various benefits to coatings, including improved durability, resistance to scratches, self-cleaning capabilities, and antimicrobial protection. The enhanced scratch resistance, a key feature of high-performance additives, aligns well with industries that prioritize both aesthetics and long-lasting performance. As the demand for coatings with expanded capabilities rises, the development and promotion of high-performance and multifunctional additives are not just opportunities but essential strategies. These additives not only fuel technical innovation but also open doors to emerging market segments, positioning industry players at the forefront of the ever-evolving landscape of coating additives.

コーティング用添加剤市場 : 2028年までの世界予測

“Rheology modifier was the largest type in coating additives market in 2022, in terms of value”
Rheology modifiers are additives strategically employed to manage the viscosity and flow properties of paints and coatings. They wield a significant influence over pivotal attributes within the realm of paints and coatings, including but not limited to leveling, flow, gloss, adhesion, film thickness, coverage capacity, susceptibility to settling, and pigment stability. The primary reason for the increasing demand for these additives can be traced to the expansion of the construction and industrial sectors. These industries often depend on coatings to protect and improve the quality of their products, and rheology modifiers are indispensable tools in enhancing the performance and application characteristics of these coatings.

コーティング用添加剤市場 : 2028年までの世界予測 ecosystem

“Architectural is projected to be the largest application of coating additives market during the forecasted period”
The security and protection segment asserted its dominance in the market throughout 2022 and is expected to sustain its leadership position until 2028. This enduring prominence is underpinned by the surging demand emanating from emerging economies like China, Brazil, and India. These economies are pivotal consumers, employing aramid fibers for various military, industrial, and civil applications. The escalating need for thermal and ballistic protection in civil law enforcement and armed forces, driven by the rising challenges of insurgency and terrorism, further reinforces the segment’s market leadership, heralding significant growth potential in this domain.


“Europe is estimated to be the second-largest coating additives market between 2023 and 2028, in terms of value.”
In 2022, Europe stands as the second-largest market for coating additives in terms of value. The European market operates under the regulatory framework of the Registration, Evaluation, Authorization, and Restriction of Chemical Substances (REACH). REACH plays a pivotal role in overseeing and providing guidelines to safeguard the environment and mitigate health risks associated with chemicals. Notably, the stringent regulations enforced by REACH have led to a consistent reduction in the use of high Volatile Organic Compound (VOC)-emitting resins in coatings across the region. Key manufacturing hubs for airplanes and automobiles, including countries like Germany, Spain, France, and Russia, are driving the demand for waterborne coating additives. This surge in demand is solidifying the region’s robust global position in the coating additives market.
In the meticulous process of determining and verifying market sizes for multiple segments and subsegments, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:
• By Company Type: Tier 1 – 69%, Tier 2 – 23%, and Tier 3 – 8%
• By Designation: – Director Level – 27%, C-Level – 25%, and Others – 48%
• By Region: North America – 32%, Europe – 28%, Asia Pacific – 21%, South America – 12%, and Middle East & Africa – 7%,

コーティング添加剤市場 : 2028年までの世界予測 region


The key market players illustrated in the report include Evonik Industries AG(Germany), ALTANA AG(Germany), BASF SE(Germany), Dow Inc.(US), Nouryon(Netherlands), Arkema S.A.(France), ELEMENTIS PLC(UK), Allnex GMBH(Germany), Arkema S.A.(France), Eastman   Chemical Company(US), and Ashland Inc.(US).

Research Coverage
This report segments the market for coating additives on the basis of type, formulation, application, and region, and provides estimations for the overall volume (Kiloton) and value (USD Million) of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition 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 ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the aramid fiber market; high-growth regions; and market drivers, restraints, opportunities, and challenges.


The report provides insights on the following pointers:
• Analysis of key drivers (Growing demand for waterborne chemistry, Prominence on high-performance and multifunctional additives, Rising demand for environmental-friendly products, Collective demand for corrosion protection), restraints (Raw material price instability, Regulatory compliance challenges), and challenges (Rising demand from building and construction sectors, Mounting automotive and aerospace sectors) Opportunities (Technical lumps to innovation)

• Market Penetration: Comprehensive information on aramid fiber offered by top players in the global coating additives market

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product 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

• Impact of recession on coating additives market

Table of Contents

1            INTRODUCTION            38

1.1         STUDY OBJECTIVES      38

1.2         MARKET DEFINITION   38

1.2.1      INCLUSIONS AND EXCLUSIONS 39

1.2.2      DEFINITION AND INCLUSIONS, BY TYPE            39

1.2.3      DEFINITION AND INCLUSIONS, BY APPLICATION          40

1.2.4      DEFINITION AND INCLUSIONS, BY FORMULATION       40

1.3         STUDY SCOPE  41

FIGURE 1           COATING ADDITIVES: MARKET SEGMENTATION           41

1.3.1      REGIONS COVERED      41

1.3.2      YEARS CONSIDERED     42

1.4         CURRENCY CONSIDERED          42

1.5         UNITS CONSIDERED     42

1.6         LIMITATIONS   42

1.7         STAKE HOLDERS           42

1.8         SUMMARY OF CHANGES            43

2            RESEARCH METHODOLOGY     44

2.1         RESEARCH DATA           44

FIGURE 2           COATING ADDITIVES MARKET: RESEARCH DESIGN      44

2.1.1      SECONDARY DATA       45

2.1.2      PRIMARY DATA 45

2.1.2.1   Primary interviews – demand and supply sides             45

2.1.2.2   Key industry insights          46

2.1.2.3   Breakdown of primary interviews     46

2.2         MARKET SIZE ESTIMATION       47

2.2.1      BOTTOM-UP APPROACH           47

FIGURE 3           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE) 47

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 BOTTOM-UP (SUPPLY SIDE)– COLLECTIVE REVENUE OF ALL PRODUCTS              48

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 – BOTTOM-UP (DEMAND SIDE)  48

2.2.2      TOP-DOWN APPROACH             49

FIGURE 6           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 – TOP-DOWN      49

2.3         DATA TRIANGULATION             49

FIGURE 7           COATING ADDITIVES MARKET: DATA TRIANGULATION              50

2.4         GROWTH RATE ASSUMPTIONS 50

2.4.1      SUPPLY SIDE    51

FIGURE 8           MARKET CAGR PROJECTIONS FROM SUPPLY SIDE         51

2.4.2      DEMAND SIDE  51

FIGURE 9           MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE: DRIVERS  AND OPPORTUNITIES           52

2.5         FACTOR ANALYSIS        53

2.6         ASSUMPTIONS 53

2.7         RISK ASSESSMENT         54

TABLE 1             COATING ADDITIVES MARKET: RISK ASSESSMENT        54

3            EXECUTIVE SUMMARY 55

FIGURE 10         ARCHITECTURAL TO WITNESS HIGHEST CAGR IN COATING ADDITIVES MARKET DURING FORECAST PERIOD          56

FIGURE 11         RHEOLOGY MODIFIERS TO LEAD COATING ADDITIVES MARKET DURING FORECAST PERIOD   56

FIGURE 12         WATER-BORNE COATINGS TO DOMINATE GLOBAL COATING ADDITIVES MARKET DURING FORECAST PERIOD          57

FIGURE 13         ASIA PACIFIC TO REGISTER HIGHEST CAGR IN COATING ADDITIVES MARKET     58

4            PREMIUM INSIGHTS      59

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS  IN COATING ADDITIVES MARKET     59

FIGURE 14         ASIA PACIFIC TO LEAD COATING ADDITIVES MARKET DURING  FORECAST PERIOD   59

4.2         COATING ADDITIVES MARKET, BY REGION       59

FIGURE 15         ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       59

4.3         ASIA PACIFIC: COATING ADDITIVES MARKET,  BY APPLICATION AND COUNTRY, 2022 60

FIGURE 16         CHINA LED COATING ADDITIVES MARKET IN ASIA PACIFIC IN 2022      60

4.4         COATING ADDITIVES MARKET SIZE, BY FORMULATION VS. REGION              60

FIGURE 17         WATER-BORNE FORMULATIONS DOMINATED COATING ADDITIVES  MARKET IN 2022   60

4.5         COATING ADDITIVES MARKET, BY KEY COUNTRY         61

FIGURE 18         INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD              61

5            MARKET OVERVIEW     62

5.1         INTRODUCTION            62

5.2         MARKET DYNAMICS     63

FIGURE 19         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN COATING ADDITIVES MARKET          63

5.2.1      DRIVERS            63

5.2.1.1   Rising demand for waterborne chemistry       63

5.2.1.2   Focus on high-performance and multifunctional additives         64

5.2.1.3   Growing demand for environmental-friendly products 64

5.2.1.4   Increasing demand for corrosion protection   65

5.2.2      RESTRAINTS     65

5.2.2.1   Raw material price volatility             65

5.2.2.2   Regulatory compliance challenges    65

5.2.3      OPPORTUNITIES           66

5.2.3.1   Growing demand from building and construction sectors           66

5.2.3.2   Expanding automotive and aerospace sectors 66

5.2.4      CHALLENGES   67

5.2.4.1   Technical barriers to innovation      67

5.3         PORTER’S FIVE FORCES ANALYSIS         67

FIGURE 20         PORTER’S FIVE FORCES ANALYSIS OF COATING ADDITIVES MARKET            68

5.3.1      THREAT OF SUBSTITUTES         68

5.3.2      THREAT OF NEW ENTRANTS    68

5.3.3      BARGAINING POWER OF SUPPLIERS     69

5.3.4      BARGAINING POWER OF BUYERS           69

5.3.5      INTENSITY OF COMPETITIVE RIVALRY 70

TABLE 2             COATING ADDITIVES MARKET: PORTER’S FIVE FORCES ANALYSIS          70

5.4         MACROECONOMIC INDICATORS           71

5.4.1      GDP TRENDS AND FORECAST  71

TABLE 3             GDP TRENDS AND FORECAST, BY MAJOR ECONOMY, 2021–2028 (USD BILLION) 71

6            INDUSTRY TRENDS       72

6.1         SUPPLY CHAIN ANALYSIS          72

FIGURE 21         COATING ADDITIVES MARKET: SUPPLY CHAIN 72

6.1.1      RAW MATERIAL             72

6.1.2      MANUFACTURING        73

6.1.3      DISTRIBUTION TO END USERS 73

6.2         TRENDS & DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS  73

FIGURE 22         REVENUE SHIFT FOR COATING ADDITIVES MARKET    73

6.3         ECOSYSTEM MAPPING 74

FIGURE 23         COATING ADDITIVES MARKET: ECOSYSTEM    74

TABLE 4             COATING ADDITIVES MARKET: ECOSYSTEM    74

6.4         CASE STUDIES  75

6.4.1      TRANSFORMING COATING AESTHETICS WITH MATTING AGENTS FROM J.M. HUBER CORPORATION         75

6.5         TECHNOLOGY ANALYSIS           75

6.5.1      STREAMLINING COATING FORMULATION: CLARIANT’S CLARICOAT DIGITAL PLATFORM     75

6.6         KEY STAKEHOLDERS AND BUYING CRITERIA    76

6.6.1      KEY STAKEHOLDERS IN BUYING PROCESS         76

FIGURE 24         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS      76

TABLE 5             INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS (%)             76

6.6.2      BUYING CRITERIA         77

FIGURE 25         KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS              77

TABLE 6             KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS              77

6.7         PRICING ANALYSIS        77

6.7.1      AVERAGE SELLING PRICE TREND, BY REGION  77

FIGURE 26         AVERAGE SELLING PRICE TREND OF COATING ADDITIVES, BY REGION (USD/KG)        78

TABLE 7             AVERAGE SELLING PRICE TREND OF COATING ADDITIVES, BY REGION (USD/KG)        78

6.7.2      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION              78

FIGURE 27         AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION  78

TABLE 8             AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION (USD/KG)            79

6.8         TRADE DATA    79

6.8.1      IMPORT SCENARIO OF COATING ADDITIVES    79

FIGURE 28         COATING ADDITIVES IMPORTS, BY KEY COUNTRY, 2013–2022              79

TABLE 9             COATING ADDITIVES IMPORTS, BY REGION, 2013–2022 (USD MILLION)          80

6.8.2      EXPORT SCENARIO OF COATING ADDITIVES    80

FIGURE 29         COATING ADDITIVES EXPORTS, BY KEY COUNTRY, 2013–2022              80

TABLE 10           COATING ADDITIVES EXPORTS, BY REGION, 2013–2022 (USD MILLION)          81

6.9         GLOBAL REGULATORY FRAMEWORK AND ITS IMPACT  ON COATING ADDITIVES MARKET     81

6.9.1      REGULATIONS RELATED TO COATING ADDITIVES MARKET     81

TABLE 11           REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          82

6.10       KEY CONFERENCES & EVENTS IN 2023–2024       82

TABLE 12           COATING ADDITIVES MARKET: CONFERENCES & EVENTS              82

6.11       PATENT ANALYSIS        83

6.11.1    APPROACH       83

6.11.2    DOCUMENT TYPE         83

TABLE 13           PATENT STATUS AND COUNT  83

FIGURE 30         PATENTS REGISTERED IN COATING ADDITIVES MARKET, 2013–2023          84

FIGURE 31         PATENT PUBLICATION TRENDS, 2013–2022       84

FIGURE 32         LEGAL STATUS OF PATENTS FILED IN COATING ADDITIVES MARKET            85

6.11.3    JURISDICTION ANALYSIS           85

FIGURE 33         MAXIMUM PATENTS FILED IN JURISDICTION OF US      85

7            COATING ADDITIVES MARKET, BY APPLICATION          86

7.1         INTRODUCTION            87

FIGURE 34         ARCHITECTURAL APPLICATION TO DOMINATE COATING ADDITIVES MARKET DURING FORECAST PERIOD          87

TABLE 14           COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION) 88

TABLE 15           COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 88

TABLE 16           COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)       88

TABLE 17           COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)       89

7.2         ARCHITECTURAL          89

7.2.1      ECONOMIC GROWTH, CONSTRUCTION TRENDS, AND ENVIRONMENTAL POLICIES TO DRIVE MARKET            89

TABLE 18           COATING ADDITIVES MARKET IN ARCHITECTURAL APPLICATION, BY REGION,  2017–2021 (USD MILLION) 89

TABLE 19           COATING ADDITIVES MARKET IN ARCHITECTURAL APPLICATION, BY REGION,  2022–2028 (USD MILLION) 90

TABLE 20           COATING ADDITIVES MARKET IN ARCHITECTURAL APPLICATION, BY REGION,  2017–2021 (KILOTON)        90

TABLE 21           COATING ADDITIVES MARKET IN ARCHITECTURAL APPLICATION, BY REGION,  2022–2028 (KILOTON)        90

7.3         INDUSTRIAL APPLICATION       91

7.3.1      DEMAND FOR HIGH-PERFORMANCE COATINGS TO DRIVE MARKET              91

TABLE 22           COATING ADDITIVES MARKET IN INDUSTRIAL APPLICATION, BY REGION, 2017–2021 (USD MILLION)  91

TABLE 23           COATING ADDITIVES MARKET IN INDUSTRIAL APPLICATION, BY REGION,  2022–2028 (USD MILLION)             91

TABLE 24           COATING ADDITIVES MARKET IN INDUSTRIAL APPLICATION, BY REGION,  2017–2021 (KILOTON)       92

TABLE 25           COATING ADDITIVES MARKET IN INDUSTRIAL APPLICATION, BY REGION,  2022–2028 (KILOTON)       92

7.4         AUTOMOTIVE & TRANSPORTATION     92

7.4.1      STRINGENT PERFORMANCE REQUIREMENTS, AESTHETIC STANDARDS, AND ENVIRONMENTAL REGULATIONS  TO DRIVE MARKET              92

TABLE 26           COATING ADDITIVES MARKET IN AUTOMOTIVE & TRANSPORTATION APPLICATION,  BY REGION, 2017–2021 (USD MILLION)              93

TABLE 27           COATING ADDITIVES MARKET IN AUTOMOTIVE & TRANSPORTATION APPLICATION,  BY REGION, 2022–2028 (USD MILLION)              93

TABLE 28           COATING ADDITIVES MARKET IN AUTOMOTIVE & TRANSPORTATION APPLICATION,  BY REGION, 2017–2021 (KILOTON) 94

TABLE 29           COATING ADDITIVES MARKET IN AUTOMOTIVE & TRANSPORTATION APPLICATION,  BY REGION, 2022–2028 (KILOTON) 94

7.5         WOOD & FURNITURE    94

7.5.1      INCREASING PURCHASING POWER OF CUSTOMERS  TO DRIVE MARKET            94

TABLE 30           COATING ADDITIVES MARKET IN WOOD & FURNITURE APPLICATION, BY REGION,  2017–2021 (USD MILLION) 95

TABLE 31           COATING ADDITIVES MARKET IN WOOD & FURNITURE APPLICATION, BY REGION,  2022–2028 (USD MILLION) 95

TABLE 32           COATING ADDITIVES MARKET IN WOOD & FURNITURE APPLICATION, BY REGION,  2017–2021 (KILOTON)        95

TABLE 33           COATING ADDITIVES MARKET IN WOOD & FURNITURE APPLICATION, BY REGION, 2022–2028 (KILOTON)          96

7.6         OTHER APPLICATIONS 96

TABLE 34           COATING ADDITIVES MARKET IN OTHER APPLICATIONS, BY REGION,  2017–2021 (USD MILLION)     96

TABLE 35           COATING ADDITIVES MARKET IN OTHER APPLICATIONS, BY REGION,  2022–2028 (USD MILLION)     97

TABLE 36           COATING ADDITIVES MARKET IN OTHER APPLICATIONS, BY REGION,  2017–2021 (KILOTON)            97

TABLE 37           COATING ADDITIVES MARKET IN OTHER APPLICATIONS, BY REGION,  2022–2028 (KILOTON)            97

8            COATING ADDITIVES MARKET, BY FORMULATION       98

8.1         INTRODUCTION            99

FIGURE 35         WATER-BORNE FORMULATION TO DOMINATE COATING ADDITIVES MARKET DURING FORECAST PERIOD          99

TABLE 38           COATING ADDITIVES MARKET, BY FORMULATION, 2017–2021 (USD MILLION) 99

TABLE 39           COATING ADDITIVES MARKET, BY FORMULATION, 2022–2028 (USD MILLION) 100

TABLE 40           COATING ADDITIVES MARKET, BY FORMULATION, 2017–2021 (KILOTON)       100

TABLE 41           COATING ADDITIVES MARKET, BY FORMULATION, 2022–2028 (KILOTON)       100

8.2         WATER-BORNE 100

8.2.1      RISING AWARENESS AMONG CONSUMERS REGARDING HAZARDOUS CHEMICALS CATALYZED TO DRIVE MARKET    100

TABLE 42           WATER-BORNE COATING ADDITIVES MARKET, BY REGION,  2017–2021 (USD MILLION)          101

TABLE 43           WATER-BORNE COATING ADDITIVES MARKET, BY REGION,  2022–2028 (USD MILLION)          101

TABLE 44           WATER-BORNE COATING ADDITIVES MARKET, BY REGION,  2017–2021 (KILOTON)   102

TABLE 45           WATER-BORNE COATING ADDITIVES MARKET, BY REGION,  2022–2028 (KILOTON)   102

8.3         SOLVENT-BORNE          102

8.3.1      EXCEPTIONAL DURABILITY AND RESISTANCE TO HARSH ENVIRONMENTS TO DRIVE MARKET    102

TABLE 46           SOLVENT-BORNE COATING ADDITIVES MARKET, BY REGION,  2017–2021 (USD MILLION)          103

TABLE 47           SOLVENT-BORNE COATING ADDITIVES MARKET, BY REGION,  2022–2028 (USD MILLION)          103

TABLE 48           SOLVENT-BORNE COATING ADDITIVES MARKET, BY REGION,  2017–2021 (KILOTON)   103

TABLE 49           SOLVENT-BORNE COATING ADDITIVES MARKET, BY REGION, 2022–2028 (KILOTON)   104

8.4         OTHER FORMULATIONS            104

TABLE 50           OTHER FORMULATIONS COATING ADDITIVES MARKET, BY REGION,  2017–2021 (USD MILLION)     105

TABLE 51           OTHER FORMULATIONS COATING ADDITIVES MARKET, BY REGION,  2022–2028 (USD MILLION)     105

TABLE 52           OTHER FORMULATIONS COATING ADDITIVES MARKET, BY REGION,  2017–2021 (KILOTON)            105

TABLE 53           OTHER FORMULATIONS COATING ADDITIVES MARKET, BY REGION,  2022–2028 (KILOTON)            106

9            COATING ADDITIVES MARKET, BY TYPE            107

9.1         INTRODUCTION            108

FIGURE 36         RHEOLOGY MODIFIERS SEGMENT TO LEAD COATING ADDITIVES MARKET DURING FORECAST PERIOD          108

TABLE 54           COATING ADDITIVES MARKET, BY TYPE, 2017–2021 (USD MILLION)          108

TABLE 55           COATING ADDITIVES MARKET, BY TYPE, 2022–2028 (USD MILLION)          109

TABLE 56           COATING ADDITIVES MARKET, BY TYPE, 2017–2021 (KILOTON)              109

TABLE 57           COATING ADDITIVES MARKET, BY TYPE, 2022–2028 (KILOTON)              109

9.2         DEFOAMERS     110

9.2.1      WIDE APPLICATIONS IN ARCHITECTURAL, INDUSTRIAL, WOOD & FURNITURE, AND AUTOMOTIVE INDUSTRIES TO DRIVE MARKET         110

TABLE 58           DEFOAMERS: COATING ADDITIVES MARKET, BY REGION, 2017–2021 (USD MILLION)          110

TABLE 59           DEFOAMERS: COATING ADDITIVES MARKET, BY REGION, 2022–2028 (USD MILLION)          110

TABLE 60           DEFOAMERS: COATING ADDITIVES MARKET, BY REGION, 2017–2021 (KILOTON)   111

TABLE 61           DEFOAMERS: COATING ADDITIVES MARKET, BY REGION, 2022–2028 (KILOTON)   111

9.3         WETTING & DISPERSING AGENTS          111

9.3.1      STRINGENT REQUIREMENT FOR COLOR REPRODUCIBILITY  TO DRIVE MARKET 111

TABLE 62           WETTING & DISPERSING AGENTS: COATING ADDITIVES MARKET, BY REGION,  2017–2021 (USD MILLION)          112

TABLE 63           WETTING & DISPERSING AGENTS: COATING ADDITIVES MARKET, BY REGION,  2022–2028 (USD MILLION)          112

TABLE 64           WETTING & DISPERSING AGENTS: COATING ADDITIVES MARKET, BY REGION,  2017–2021 (KILOTON)   112

TABLE 65           WETTING & DISPERSING AGENTS: COATING ADDITIVES MARKET, BY REGION,  2022–2028 (KILOTON)   113

9.4         RHEOLOGY MODIFIERS             113

9.4.1      GLOSS, ADHESION, FILM THICKNESS, COVERING POWER, SEDIMENTATION TENDENCY, AND PIGMENT STABILIZATION PROPERTIES TO DRIVE MARKET       113

TABLE 66           RHEOLOGY MODIFIERS: COATING ADDITIVES MARKET, BY REGION,  2017–2021 (USD MILLION)     113

TABLE 67           RHEOLOGY MODIFIERS: COATING ADDITIVES MARKET, BY REGION,  2022–2028 (USD MILLION)     114

TABLE 68           RHEOLOGY MODIFIERS: COATING ADDITIVES MARKET, BY REGION,  2017–2021 (KILOTON)            114

TABLE 69           RHEOLOGY MODIFIERS: COATING ADDITIVES MARKET, BY REGION,  2022–2028 (KILOTON)            115

9.5         OTHER TYPES  115

TABLE 70           OTHERS: COATING ADDITIVES MARKET, BY REGION, 2017–2021 (USD MILLION)     115

TABLE 71           OTHERS: COATING ADDITIVES MARKET, BY REGION, 2022–2028 (USD MILLION)     116

TABLE 72           OTHERS: COATING ADDITIVES MARKET, BY REGION, 2017–2021 (KILOTON)             116

TABLE 73           OTHERS: COATING ADDITIVES MARKET, BY REGION, 2022–2028 (KILOTON)             116

10          COATING ADDITIVES MARKET, BY REGION       117

10.1       INTRODUCTION            118

FIGURE 37         ASIA PACIFIC TO BE FASTEST-GROWING COATING ADDITIVES MARKET BETWEEN 2023 AND 2028         118

TABLE 74           COATING ADDITIVES MARKET, BY REGION, 2017–2021 (USD MILLION)          118

TABLE 75           COATING ADDITIVES MARKET, BY REGION, 2022–2028 (USD MILLION)          119

TABLE 76           COATING ADDITIVES MARKET, BY REGION, 2017–2021 (KILOTON)       119

TABLE 77           COATING ADDITIVES MARKET, BY REGION, 2022–2028 (KILOTON)       119

10.2       ASIA PACIFIC    120

FIGURE 38         ASIA PACIFIC: COATING ADDITIVES MARKET SNAPSHOT              121

10.2.1    RECESSION IMPACT      121

10.2.2    ASIA PACIFIC: COATING ADDITIVES MARKET, BY TYPE 122

TABLE 78           ASIA PACIFIC: COATING ADDITIVES MARKET, BY TYPE, 2017–2021 (USD MILLION)     122

TABLE 79           ASIA PACIFIC: COATING ADDITIVES MARKET, BY TYPE, 2022–2028 (USD MILLION)     122

TABLE 80           ASIA PACIFIC: COATING ADDITIVES MARKET, BY TYPE, 2017–2021 (KILOTON)             123

TABLE 81           ASIA PACIFIC: COATING ADDITIVES MARKET, BY TYPE, 2022–2028 (KILOTON)             123

10.2.3    ASIA PACIFIC: COATING ADDITIVES MARKET, BY FORMULATION              123

TABLE 82           ASIA PACIFIC: COATING ADDITIVES MARKET, BY FORMULATION,  2017–2021 (USD MILLION)     123

TABLE 83           ASIA PACIFIC: COATING ADDITIVES MARKET, BY FORMULATION,  2022–2028 (USD MILLION)     123

TABLE 84           ASIA PACIFIC: COATING ADDITIVES MARKET, BY FORMULATION, 2017–2021 (KILOTON) 124

TABLE 85           ASIA PACIFIC: COATING ADDITIVES MARKET, BY FORMULATION, 2022–2028 (KILOTON) 124

10.2.4    ASIA PACIFIC: COATING ADDITIVES MARKET, BY APPLICATION              124

TABLE 86           ASIA PACIFIC: COATING ADDITIVES MARKET, BY APPLICATION,  2017–2021 (USD MILLION)        124

TABLE 87           ASIA PACIFIC: COATING ADDITIVES MARKET, BY APPLICATION,  2022–2028 (USD MILLION)        125

TABLE 88           ASIA PACIFIC: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)    125

TABLE 89           ASIA PACIFIC: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)    126

10.2.5    ASIA PACIFIC COATING ADDITIVES MARKET, BY COUNTRY      126

TABLE 90           ASIA PACIFIC: COATING ADDITIVES MARKET, BY COUNTRY, 2017–2021 (USD MILLION)          126

TABLE 91           ASIA PACIFIC: COATING ADDITIVES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)          126

TABLE 92           ASIA PACIFIC: COATING ADDITIVES MARKET, BY COUNTRY, 2017–2021 (KILOTON)   127

TABLE 93           ASIA PACIFIC: COATING ADDITIVES MARKET, BY COUNTRY, 2022–2028 (KILOTON)   127

10.2.5.1 China     127

10.2.5.1.1            Foreign investments to drive market 127

TABLE 94           CHINA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)          128

TABLE 95           CHINA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)          128

TABLE 96           CHINA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)   129

TABLE 97           CHINA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)   129

10.2.5.2 India      129

10.2.5.2.1            Boom in real estate industry to propel market 129

TABLE 98           INDIA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)     130

TABLE 99           INDIA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)     130

TABLE 100         INDIA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)             131

TABLE 101         INDIA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)             131

10.2.5.3 Japan     131

10.2.5.3.1            Investments in real estate industry to boost demand    131

TABLE 102         JAPAN: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)          132

TABLE 103         JAPAN: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)          132

TABLE 104         JAPAN: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)   132

TABLE 105         JAPAN: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)   133

10.2.5.4 South Korea        133

10.2.5.4.1            Presence of major automotive manufacturers to drive market    133

TABLE 106         SOUTH KOREA: COATING ADDITIVES MARKET, BY APPLICATION,  2017–2021 (USD MILLION)        133

TABLE 107         SOUTH KOREA: COATING ADDITIVES MARKET, BY APPLICATION,  2022–2028 (USD MILLION)        134

TABLE 108         SOUTH KOREA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)    134

TABLE 109         SOUTH KOREA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)    134

10.2.5.5 Indonesia             135

10.2.5.5.1            Foreign investments in infrastructure and residential construction to drive market        135

TABLE 110         INDONESIA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)          135

TABLE 111         INDONESIA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)          135

TABLE 112         INDONESIA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)   136

TABLE 113         INDONESIA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)   136

10.3       NORTH AMERICA          136

FIGURE 39         NORTH AMERICA: COATING ADDITIVES MARKET SNAPSHOT              137

10.3.1    RECESSION IMPACT      137

10.3.2    NORTH AMERICA: COATING ADDITIVES MARKET, BY TYPE       138

TABLE 114         NORTH AMERICA: COATING ADDITIVES MARKET, BY TYPE, 2017–2021 (USD MILLION)          138

TABLE 115         NORTH AMERICA: COATING ADDITIVES MARKET, BY TYPE, 2022–2028 (USD MILLION)          138

TABLE 116         NORTH AMERICA: COATING ADDITIVES MARKET, BY TYPE, 2017–2021 (KILOTON)   138

TABLE 117         NORTH AMERICA: COATING ADDITIVES MARKET, BY TYPE, 2022–2028 (KILOTON)   139

10.3.3    NORTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION              139

TABLE 118         NORTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION,  2017–2021 (USD MILLION)     139

TABLE 119         NORTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION,  2022–2028 (USD MILLION)     139

TABLE 120         NORTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION,  2017–2021 (KILOTON)             140

TABLE 121         NORTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION,  2022–2028 (KILOTON)             140

10.3.4    NORTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION              140

TABLE 122         NORTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION,  2017–2021 (USD MILLION)        140

TABLE 123         NORTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION,  2022–2028 (USD MILLION)        141

TABLE 124         NORTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)    141

TABLE 125         NORTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)    141

10.3.5    NORTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY              142

TABLE 126         NORTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY,  2017–2021 (USD MILLION) 142

TABLE 127         NORTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY,  2022–2028 (USD MILLION) 142

TABLE 128         NORTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY, 2017–2021 (KILOTON)           142

TABLE 129         NORTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY, 2022–2028 (KILOTON)           142

10.3.5.1 US         143

10.3.5.1.1            Low interest rates and improving employment and economy to drive growth   143

TABLE 130         US: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)     143

TABLE 131         US: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)     143

TABLE 132         US: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)             144

TABLE 133         US: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)             144

10.3.5.2 Canada  144

10.3.5.2.1            Foreign trade and increasing construction projects to fuel demand              144

TABLE 134         CANADA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)          145

TABLE 135         CANADA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)          145

TABLE 136         CANADA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)   145

TABLE 137         CANADA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)   146

10.3.5.3 Mexico  146

10.3.5.3.1            Growth of tourism industry to drive market   146

TABLE 138         MEXICO: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)          146

TABLE 139         MEXICO: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)          147

TABLE 140         MEXICO: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)   147

TABLE 141         MEXICO: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)   147

10.4       EUROPE             148

FIGURE 40         EUROPE: COATING ADDITIVES MARKET SNAPSHOT     149

10.4.1    RECESSION IMPACT      149

10.4.2    EUROPE: COATING ADDITIVES MARKET, BY TYPE         150

TABLE 142         EUROPE: COATING ADDITIVES MARKET, BY TYPE, 2017–2021 (USD MILLION) 150

TABLE 143         EUROPE: COATING ADDITIVES MARKET, BY TYPE, 2022–2028 (USD MILLION) 150

TABLE 144         EUROPE: COATING ADDITIVES MARKET, BY TYPE, 2017–2021 (KILOTON)       151

TABLE 145         EUROPE: COATING ADDITIVES MARKET, BY TYPE, 2022–2028 (KILOTON)       151

10.4.3    EUROPE: COATING ADDITIVES MARKET, BY FORMULATION    151

TABLE 146         EUROPE: COATING ADDITIVES MARKET, BY FORMULATION, 2017–2021 (USD MILLION)          151

TABLE 147         EUROPE: COATING ADDITIVES MARKET, BY FORMULATION, 2022–2028 (USD MILLION)          151

TABLE 148         EUROPE: COATING ADDITIVES MARKET, BY FORMULATION, 2017–2021 (KILOTON)   152

TABLE 149         EUROPE: COATING ADDITIVES MARKET, BY FORMULATION, 2022–2028 (KILOTON)   152

10.4.4    EUROPE: COATING ADDITIVES MARKET, BY APPLICATION       152

TABLE 150         EUROPE: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)          152

TABLE 151         EUROPE: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)          153

TABLE 152         EUROPE: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)   153

TABLE 153         EUROPE: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)   153

10.4.5    EUROPE: COATING ADDITIVES BY COUNTRY   154

TABLE 154         EUROPE: COATING ADDITIVES MARKET, BY COUNTRY, 2017–2021 (USD MILLION)     154

TABLE 155         EUROPE: COATING ADDITIVES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)     154

TABLE 156         EUROPE: COATING ADDITIVES MARKET, BY COUNTRY, 2017–2021 (KILOTON)             155

TABLE 157         EUROPE: COATING ADDITIVES MARKET, BY COUNTRY, 2022–2028 (KILOTON)             155

10.4.5.1 Germany             155

10.4.5.1.1            Favorable economic environment and rising demand for new homes to drive growth        155

TABLE 158         GERMANY: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)          156

TABLE 159         GERMANY: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)          156

TABLE 160         GERMANY: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)   156

TABLE 161         GERMANY: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)   157

10.4.5.2 UK         157

10.4.5.2.1            Growth of construction sector to drive market             157

TABLE 162         UK: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)     157

TABLE 163         UK: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)     158

TABLE 164         UK: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)             158

TABLE 165         UK: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)             158

10.4.5.3 France   159

10.4.5.3.1            Reviving economy, coupled with investments in infrastructure, to boost demand 159

TABLE 166         FRANCE: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)          159

TABLE 167         FRANCE: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)          159

TABLE 168         FRANCE: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)   160

TABLE 169         FRANCE: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)   160

10.4.5.4 Italy       160

10.4.5.4.1            New project finance rules and investment policies to  boost market              160

TABLE 170         ITALY: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)     161

TABLE 171         ITALY: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)     161

TABLE 172         ITALY: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)             161

TABLE 173         ITALY: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)             162

10.4.5.5 Spain     162

10.4.5.5.1            Development in automotive and construction industries to drive demand              162

TABLE 174         SPAIN: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)     162

TABLE 175         SPAIN: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)     163

TABLE 176         SPAIN: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)             163

TABLE 177         SPAIN: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)             163

10.4.5.6 Russia    164

10.4.5.6.1            Growing population to fuel demand in residential construction  164

TABLE 178         RUSSIA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)          164

TABLE 179         RUSSIA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)          164

TABLE 180         RUSSIA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)   165

TABLE 181         RUSSIA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)   165

10.4.5.7 Turkey   165

10.4.5.7.1            Rapid urbanization to drive market  165

TABLE 182         TURKEY: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)          165

TABLE 183         TURKEY: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)          166

TABLE 184         TURKEY: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)   166

TABLE 185         TURKEY: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)   166

10.5       SOUTH AMERICA           167

10.5.1    RECESSION IMPACT      167

10.5.2    SOUTH AMERICA: COATING ADDITIVES MARKET, BY TYPE       167

TABLE 186         SOUTH AMERICA: COATING ADDITIVES MARKET, BY TYPE, 2017–2021 (USD MILLION)          167

TABLE 187         SOUTH AMERICA: COATING ADDITIVES MARKET, BY TYPE, 2022–2028 (USD MILLION)          167

TABLE 188         SOUTH AMERICA: COATING ADDITIVES MARKET, BY TYPE, 2017–2021 (KILOTON)   168

TABLE 189         SOUTH AMERICA: COATING ADDITIVES MARKET, BY TYPE, 2022–2028 (KILOTON)   168

10.5.3    SOUTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION              168

TABLE 190         SOUTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION,  2017–2021 (USD MILLION)     168

TABLE 191         SOUTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION,  2022–2028 (USD MILLION)     169

TABLE 192         SOUTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION,  2017–2021 (KILOTON)             169

TABLE 193         SOUTH AMERICA: COATING ADDITIVES MARKET, BY FORMULATION,  2022–2028 (KILOTON)             169

10.5.4    SOUTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION              170

TABLE 194         SOUTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION,  2017–2021 (USD MILLION)        170

TABLE 195         SOUTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION,  2022–2028 (USD MILLION)        170

TABLE 196         SOUTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)    171

TABLE 197         SOUTH AMERICA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)    171

10.5.5    SOUTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY              171

TABLE 198         SOUTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY,  2017–2021 (USD MILLION) 171

TABLE 199         SOUTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY,  2022–2028 (USD MILLION) 172

TABLE 200         SOUTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY, 2017–2021 (KILOTON)           172

TABLE 201         SOUTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY, 2022–2028 (KILOTON)           172

10.5.5.1 Brazil     173

10.5.5.1.1            Growing implementation of various infrastructure projects  to drive growth   173

TABLE 202         BRAZIL: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)          173

TABLE 203         BRAZIL: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)          174

TABLE 204         BRAZIL: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)   174

TABLE 205         BRAZIL: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)   174

10.5.5.2 Argentina            175

10.5.5.2.1            Increase in population and improved economic conditions to drive market   175

TABLE 206        ARGENTINA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)          175

TABLE 207        ARGENTINA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)          175

TABLE 208        ARGENTINA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)   176

TABLE 209        ARGENTINA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)   176

10.5.5.3 Chile      176

10.5.5.3.1            Economic growth and government initiatives to drive market     176

TABLE 210         CHILE: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)     177

TABLE 211         CHILE: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)     177

TABLE 212         CHILE: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)             177

TABLE 213         CHILE: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)             178

10.6       MIDDLE EAST & AFRICA             178

10.6.1    RECESSION IMPACT      179

10.6.2    MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY TYPE              179

TABLE 214         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY TYPE,  2017–2021 (USD MILLION)          179

TABLE 215         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY TYPE,  2022–2028 (USD MILLION)          179

TABLE 216         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY TYPE, 2017–2021 (KILOTON)      180

TABLE 217         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY TYPE, 2022–2028 (KILOTON)      180

10.6.3    MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET,  BY FORMULATION 180

TABLE 218         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY FORMULATION,  2017–2021 (USD MILLION)     180

TABLE 219         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY FORMULATION,  2022–2028 (USD MILLION)     180

TABLE 220         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY FORMULATION,  2017–2021 (KILOTON)             181

TABLE 221         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY FORMULATION,  2022–2028 (KILOTON)             181

10.6.4    MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET,  BY APPLICATION  181

TABLE 222         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY APPLICATION,  2017–2021 (USD MILLION)        181

TABLE 223         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY APPLICATION,  2022–2028 (USD MILLION)        182

TABLE 224         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY APPLICATION,  2017–2021 (KILOTON)  182

TABLE 225         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY APPLICATION,  2022–2028 (KILOTON)  182

10.6.5    MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY COUNTRY              183

TABLE 226         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY COUNTRY,  2017–2021 (USD MILLION) 183

TABLE 227         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY COUNTRY,  2022–2028 (USD MILLION) 183

TABLE 228         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY COUNTRY,  2017–2021 (KILOTON)        184

TABLE 229         MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY COUNTRY,  2022–2028 (KILOTON)        184

10.6.5.1 Saudi Arabia        184

10.6.5.1.1            Significant government investments in infrastructure development to boost demand      184

TABLE 230         SAUDI ARABIA: COATING ADDITIVES MARKET, BY APPLICATION,  2017–2021 (USD MILLION)        185

TABLE 231         SAUDI ARABIA: COATING ADDITIVES MARKET, BY APPLICATION,  2022–2028 (USD MILLION)        185

TABLE 232         SAUDI ARABIA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)    186

TABLE 233         SAUDI ARABIA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)    186

10.6.5.2 UAE      186

10.6.5.2.1            Developments in ongoing projects to increase demand for coating additives 186

TABLE 234         UAE: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)     187

TABLE 235         UAE: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)     187

TABLE 236         UAE: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)             187

TABLE 237         UAE: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)             188

10.6.5.3 Qatar     188

10.6.5.3.1            Need for protective and decorative coatings to drive market       188

TABLE 238         QATAR: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (USD MILLION)          188

TABLE 239         QATAR: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (USD MILLION)          189

TABLE 240         QATAR: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)   189

TABLE 241         QATAR: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)   189

10.6.5.4 South Africa        190

10.6.5.4.1            Growing manufacturing sector to present immense growth opportunities              190

TABLE 242         SOUTH AFRICA: COATING ADDITIVES MARKET, BY APPLICATION,  2017–2021 (USD MILLION)        190

TABLE 243         SOUTH AFRICA: COATING ADDITIVES MARKET, BY APPLICATION,  2022–2028 (USD MILLION)        190

TABLE 244         SOUTH AFRICA: COATING ADDITIVES MARKET, BY APPLICATION, 2017–2021 (KILOTON)    191

TABLE 245         SOUTH AFRICA: COATING ADDITIVES MARKET, BY APPLICATION, 2022–2028 (KILOTON)    191

11          COMPETITIVE LANDSCAPE       192

11.1       INTRODUCTION            192

11.2       STRATEGIES ADOPTED BY KEY PLAYERS           192

TABLE 246         STRATEGIES ADOPTED BY KEY COATING ADDITIVE MANUFACTURERS        192

11.3       RANKING OF KEY MARKET PLAYERS, 2022          194

FIGURE 41         RANKING OF TOP FIVE PLAYERS IN COATING ADDITIVES MARKET, 2022  194

11.4       MARKET SHARE ANALYSIS         194

TABLE 247         COATING ADDITIVES MARKET: DEGREE OF COMPETITION              195

FIGURE 42         EVONIK INDUSTRIES AG ACCOUNTED FOR LARGEST SHARE OF COATING ADDITIVES MARKET IN 2022         195

11.5       REVENUE ANALYSIS OF KEY COMPANIES           197

FIGURE 43         REVENUE ANALYSIS OF KEY COMPANIES DURING LAST FIVE YEARS  197

11.6       COMPANY EVALUATION MATRIX          197

11.6.1    STARS  197

11.6.2    EMERGING LEADERS    197

11.6.3    PERVASIVE PLAYERS     197

11.6.4    PARTICIPANTS 198

FIGURE 44         COMPANY EVALUATION MATRIX FOR COATING ADDITIVES MARKET            198

11.6.5    COMPANY FOOTPRINT 199

FIGURE 45         COATING ADDITIVES MARKET: COMPANY FOOTPRINT              199

TABLE 248         COATING ADDITIVES MARKET: TYPE FOOTPRINT        200

TABLE 249         COATING ADDITIVES MARKET: APPLICATION FOOTPRINT              201

TABLE 250         COATING ADDITIVES MARKET: FORMULATION FOOTPRINT              202

TABLE 251         COATING ADDITIVES MARKET: REGION FOOTPRINT   203

11.7       STARTUP/SME EVALUATION MATRIX   204

11.7.1    PROGRESSIVE COMPANIES       204

11.7.2    RESPONSIVE COMPANIES          204

11.7.3    DYNAMIC COMPANIES 204

11.7.4    STARTING BLOCKS       204

FIGURE 46         STARTUP/SME EVALUATION MATRIX FOR COATING ADDITIVES MARKET     205

11.7.5    COMPETITIVE BENCHMARKING            205

TABLE 252         COATING ADDITIVES MARKET: DETAILED LIST OF KEY STARTUPS/SMES           205

TABLE 253         COATING ADDITIVES MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES        206

11.8       COMPETITIVE SITUATIONS AND TRENDS         206

11.8.1    PRODUCT LAUNCHES  206

TABLE 254         COATING ADDITIVES MARKET: PRODUCT LAUNCHES (2020–2023)    206

11.8.2    DEALS  209

TABLE 255         COATING ADDITIVES MARKET: DEALS (2020–2023)        209

11.8.3    OTHER DEVELOPMENTS           209

TABLE 256         COATING ADDITIVES MARKET: OTHER DEVELOPMENTS (2020–2023)       209

12          COMPANY PROFILES    211

(Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats) *

12.1       MAJOR PLAYERS            211

12.1.1    BASF SE              211

TABLE 257         BASF SE: COMPANY OVERVIEW 211

FIGURE 47         BASF SE: COMPANY SNAPSHOT 212

TABLE 258         BASF SE: OTHER DEVELOPMENTS         213

12.1.2    ALTANA AG      215

TABLE 259         ALTANA AG: COMPANY OVERVIEW       215

FIGURE 48         ALTANA AG: COMPANY SNAPSHOT       216

TABLE 260         ALTANA AG: PRODUCT LAUNCHES       218

TABLE 261         ALTANA AG: OTHER DEVELOPMENTS  218

12.1.3    DOW INC.          220

TABLE 262         DOW INC.: COMPANY OVERVIEW          220

FIGURE 49         DOW INC.: COMPANY SNAPSHOT          221

12.1.4    NOURYON         223

TABLE 263         NOURYON: COMPANY OVERVIEW         223

FIGURE 50         NOURYON: COMPANY SNAPSHOT         223

TABLE 264         NOURYON: PRODUCT LAUNCHES         225

TABLE 265         NOURYON: OTHER DEVELOPMENTS    225

12.1.5    EVONIK INDUSTRIES AG            227

TABLE 266         EVONIK INDUSTRIES AG: COMPANY OVERVIEW             227

FIGURE 51         EVONIK INDUSTRIES AG: COMPANY SNAPSHOT            228

TABLE 267         EVONIK INDUSTRIES AG: PRODUCT LAUNCHES            229

TABLE 268         EVONIK INDUSTRIES AG: OTHER DEVELOPMENTS        230

12.1.6    ALLNEX GMBH 232

TABLE 269         ALLNEX GMBH: COMPANY OVERVIEW 232

TABLE 270         ALLNEX GMBH: PRODUCT LAUNCHES 233

TABLE 271         ALLNEX GMBH: DEALS 233

12.1.7    ARKEMA S.A.     234

TABLE 272         ARKEMA S.A.: COMPANY OVERVIEW     234

FIGURE 52         ARKEMA S.A.: COMPANY SNAPSHOT     235

TABLE 273         ARKEMA S.A.: DEALS     236

12.1.8    EASTMAN CHEMICAL COMPANY           238

TABLE 274         EASTMAN CHEMICAL COMPANY: COMPANY OVERVIEW              238

FIGURE 53         EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT              239

TABLE 275         EASTMAN CHEMICAL COMPANY: PRODUCT LAUNCHES              243

TABLE 276         EASTMAN CHEMICAL COMPANY: OTHER DEVELOPMENTS              243

12.1.9    ELEMENTIS PLC            244

TABLE 277         ELEMENTIS PLC: COMPANY OVERVIEW             244

FIGURE 54         ELEMENTIS PLC: COMPANY SNAPSHOT             245

TABLE 278         ELEMENTIS PLC: PRODUCT LAUNCHES             247

12.1.10  ASHLAND INC. 248

TABLE 279         ASHLAND INC.: COMPANY OVERVIEW  248

FIGURE 55         ASHLAND INC.: COMPANY SNAPSHOT  249

12.1.11  LUBRIZOL CORPORATION        252

TABLE 280         LUBRIZOL CORPORATION: COMPANY OVERVIEW         252

12.1.12  CLARIANT AG   253

TABLE 281         CLARIANT: COMPANY OVERVIEW         253

FIGURE 56         CLARIANT AG: COMPANY SNAPSHOT   254

12.1.13  MOMENTIVE PERFORMANCE MATERIALS INC. 256

TABLE 282         MOMENTIVE PERFORMANCE MATERIALS INC.: COMPANY OVERVIEW        256

12.1.14  MÜNZING CORPORATION         257

TABLE 283         MÜNZING CORPORATION: COMPANY OVERVIEW         257

*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.

12.2       OTHER KEY PLAYERS    258

12.2.1    HUNTSMAN CORPORATION     258

TABLE 284         HUNTSMAN CORPORATION: COMPANY OVERVIEW      258

12.2.2    SOLVAY S.A.      259

TABLE 285         SOLVAY S.A.: COMPANY OVERVIEW      259

12.2.3    DEUTERON GMBH        260

TABLE 286         DEUTERON GMBH: COMPANY OVERVIEW         260

12.2.4    ISRAEL CHEMICALS LIMITED (ICL)        261

TABLE 287         ISRAEL CHEMICALS LIMITED (ICL): COMPANY OVERVIEW              261

12.2.5    IRO GROUP INC.             262

TABLE 288         IRO GROUP INC.: COMPANY OVERVIEW             262

12.2.6    RAJ SPECIALTY ADDITIVES PVT. LTD.   263

TABLE 289         RAJ SPECIALTY ADDITIVES PVT. LTD.: COMPANY OVERVIEW              263

12.2.7    ANGUS CHEMICAL COMPANY  264

TABLE 290         ANGUS CHEMICAL COMPANY: COMPANY OVERVIEW   264

12.2.8    CRODA INTERNATIONAL PLC  265

TABLE 291         CRODA INTERNATIONAL PLC: COMPANY OVERVIEW   265

12.2.9    BUCKMAN LABORATORIES INTERNATIONAL, INC.        266

TABLE 292         BUCKMAN LABORATORIES INTERNATIONAL, INC.: COMPANY OVERVIEW        266

12.2.10  MICHELMAN, INC.         267

TABLE 293         MICHELMAN, INC.: COMPANY OVERVIEW          267

12.2.11  UNIQCHEM GMBH        268

TABLE 294         UNIQCHEM GMBH: COMPANY OVERVIEW         268

13          ADJACENT AND RELATED MARKETS     269

13.1       INTRODUCTION            269

13.2       ARCHITECTURAL COATINGS MARKET 269

13.2.1    MARKET DEFINITION   269

13.2.2    MARKET OVERVIEW     269

13.3       ARCHITECTURAL COATINGS MARKET, BY REGION       270

13.3.1    INTRODUCTION            270

TABLE 295         ARCHITECTURAL COATINGS MARKET, BY REGION, 2019–2022 (USD MILLION) 270

TABLE 296         ARCHITECTURAL COATINGS MARKET, BY REGION, 2023–2028 (USD MILLION) 270

TABLE 297         ARCHITECTURAL COATINGS MARKET, BY REGION, 2019–2022 (KILOTON)       271

TABLE 298         ARCHITECTURAL COATINGS MARKET, BY REGION, 2023–2028 (KILOTON)       271

13.3.2    ASIA PACIFIC    271

TABLE 299         ASIA PACIFIC: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2019–2022 (USD MILLION) 271

TABLE 300         ASIA PACIFIC: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2023–2028 (USD MILLION) 272

TABLE 301         ASIA PACIFIC: ARCHITECTURAL COATINGS MARKET, BY COUNTRY, 2019–2022 (KILOTON)           272

TABLE 302         ASIA PACIFIC: ARCHITECTURAL COATINGS MARKET, BY COUNTRY, 2023–2028 (KILOTON)           272

13.3.3    NORTH AMERICA          273

TABLE 303         NORTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2019–2022 (USD MILLION) 273

TABLE 304         NORTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2023–2028 (USD MILLION) 273

TABLE 305         NORTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2019–2022 (KILOTON)        273

TABLE 306         NORTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2023–2028 (KILOTON)        273

13.3.4    EUROPE             274

TABLE 307        EUROPE: ARCHITECTURAL COATINGS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)          274

TABLE 308        EUROPE: ARCHITECTURAL COATINGS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)          274

TABLE 309        EUROPE: ARCHITECTURAL COATINGS MARKET, BY COUNTRY, 2019–2022 (KILOTON)   275

TABLE 310        EUROPE: ARCHITECTURAL COATINGS MARKET, BY COUNTRY, 2023–2028 (KILOTON)   275

13.3.5    MIDDLE EAST & AFRICA             275

TABLE 311         MIDDLE EAST & AFRICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2019–2022 (USD MILLION)      275

TABLE 312         MIDDLE EAST & AFRICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2023–2028 (USD MILLION)      276

TABLE 313         MIDDLE EAST & AFRICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2019–2022 (KILOTON)             276

TABLE 314         MIDDLE EAST & AFRICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2023–2028 (KILOTON)             276

13.3.6    SOUTH AMERICA           277

TABLE 315         SOUTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2019–2022 (USD MILLION) 277

TABLE 316         SOUTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2023–2028 (USD MILLION) 277

TABLE 317         SOUTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2019–2022 (KILOTON)        277

TABLE 318         SOUTH AMERICA: ARCHITECTURAL COATINGS MARKET, BY COUNTRY,  2023–2028 (KILOTON)        277

14          APPENDIX         278

14.1       DISCUSSION GUIDE      278

14.2       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             281

14.3       CUSTOMIZATION OPTIONS      283

14.4       RELATED REPORTS       283

14.5       AUTHOR DETAILS         284