Coating Additives Market to Grow at a CAGR of 4.35% by 2030 | Industry Size, Share, Global Leading Players and Forecast

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Coating Additives Market Size, Share, Growth, and
Forecast 2030
According to ChemAnalyst report, Global Coating
Additives Market Plant Capacity, Production,
Operating Efficiency, Demand Supply,
Technology, End Use, Distribution Channel,
Region, Competition, Trade, Customer Price
Intelligence Market Analysis, 2015-2030, global
coating additives demand stood at 7.58 Million
Tonnes in 2020 and is forecast to reach 11.59
Million Tonnes by 2030, growing at a healthy
CAGR of 4.35 until 2030. Rise in the demand of
automotive industry along with the increasing
demand of other application areas such as
architectural coatings, industrial goods etc. is
projected to drive the demand of coating
additives during the forecast period. Moreover,
increasing population and subsequent
urbanization is also a propelling factor
supporting demand growth of coating additives
during the forecast period. Coating additives are
the chemicals are added to various coatings to
enhance their performance and properties such as
adhesion, dispersion, chemical resistance etc.
There are several types of coating additives
including rheology modifiers, dispersing agents,
wetting agents, impact modifier, anti-foaming
agent. Due to property enhancement capabilities,
they have application in automotive,
architectural coatings, industrial goods, wood,
and furniture. Coating additives are necessary
ingredients of many coatings as they enhance the
properties when added to the coating. They also
help in lowering down the cost of the coating.
Another function of coating additive is to find
affinity for the substrate on which the coating
is applied. They improve the adhesion and overall
outlook of the coating. Read Full Report Here
https//www.chemanalyst.com/industry-report/coatin
g- additives-market-562
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Coating additives are chemicals which are added
to coatings in fixed proportions to reach the
desired properties. Major properties associated
with coating additives are adhesion which is the
overall binding of the coating to the substrate,
dispersion which involves proper laying of the
coating onto the substrate and proper
composition of various components of the coating
throughout the resin matrix, and at last the
chemical resistance which is the most important
property of coating additives because the
coating is susceptible to many external chemical
agents which can wear and tear the coating
thereby decreasing the performance levels of the
coating, coating additives provide the coating
with necessary chemical resistance. Due to these
properties, they find application in
architectural coatings, industrial goods, wood
and furniture. Coating additives are related to
coatings which find application in several areas
including the major application areas namely
automotive and architectural coatings hence
their price is directly linked to the
fluctuations in the demand of automotive and
architectural coatings. In the first half of FY20
sudden outbreak of novel coronavirus followed by
fall in in the demand of automotive rendered a
major downfall in the global coating additives,
hence the prices remained low for coating
additives during the coronavirus pandemic. Demand
has picked up in the recent quarters and is
projected to grow due to increasing demand from
Asia Pacific and North America. Request Sample
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m Regionally, Asia Pacific dominates the Global
coating additives market and holds the largest
market share in FY20. Asias coating additives
market is anticipated to grow in the economies
like China due to increasing demand of automotive
and architectural coatings.

• Some of the major players operating global
  coating additives market are
• Croda International Plc,

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• Eastman Chemical Company,
• ANGUS Chemical Company,
• Dow,
• BASF SE,
• Huntsman International LLC.,
• Royal Dutch Shell Plc,
• Formosa Plastics Corporation,
• Eni S.p.A.,
• Evonik Industries AG,
• Ineos Group AG,
• LANXESS,
• Repsol,
• SABIC,
• Exxon Mobil Corporation.
• TPC Group,
• Zeon Corporation.,
• Borealis AG.
• Being linked to the automotive and architecture
  industry, the global coating additives industry
  has shown a robust growth alongside growing
  population and changing consumer preference.
  China serves as the key growth region with
  sufficiently installed capacities for coating
  additives. With new competitors emerging across
  the Asia Pacific coating additives market,
  players anticipate that there will be sufficient
  supply demand gaps in future. At this, it is
  extremely important to keep an eye which region
  will grab the biggest market share in the
  upcoming years. said Mr. Karan Chechi, Research
  Director with TechSci Research, a research based
  global management consulting firm promoting
  ChemAnalyst.
• Report Scope In this report, global coating
  additives market has been segmented into
  following categories, in addition to the industry
  trends which have also been detailed below

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Attribute Details
Market size volume in 2020 7.85 million tons
Growth Rate CAGR of 4.35 from 2021 to 2030
Base year for estimation 2020
Historic Data 2015 2019
Forecast period 2021 2030
Quantitative units Revenue in USD million/billion and CAGR from 2021 to 2030
Report coverage Revenue forecast, demand supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered By Application Type (Automotive, Architectural Coatings, Industrial Goods, Wood and Furniture) By Type (Rheology Modifiers, Dispersing Agents, Wetting Agents, Impact Modifier, Anti-Foaming Agent) By Sales Channel (Direct Company Sale, Direct Import, Distributors Traders, Retailers)
Regional scope North America Europe Asia Pacific South America Middle East Africa
Country scope United States Mexico Canada China India Japan South Korea Taiwan Singapore Germany Belgium France United Kingdom Spain Italy Sweden Austria Saudi Arabia Iran South Africa Brazil Argentina
Key companies profiled Croda International Plc, Eastman Chemical Company, ANGUS Chemical Company, Dow, BASF SE, Huntsman International LLC., Royal Dutch Shell Plc, Formosa Plastics Corporation, Eni S.p.A., Evonik Industries AG, Ineos Group AG, LANXESS, Repsol, SABIC, Exxon Mobil Corporation. TPC Group, ZEON Corporation., Borealis AG. and Others.
Customization scope Free report customization with purchase. Addition or alteration to country, regional segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options
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