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  • Which Growth-based Solutions are Shaping the Coating Additives Sector?
    New product development is influenced by regulations, sustainability factors, and the drive for robust functionality and performance

    Overview

    This analysis presents an assessment of the global coating additives industry. It considers volume shipments and revenue generated from additives used in coating applications between 2018 and 2028. The total industry is segmented into rheology modifiers; wetting, dispersing, and levelling agents; foam control agents; biocides; and others (a wide range of additives used in relatively smaller quantities). Key chemistries used for each of these additive functionalities have been discussed in detail, and the dynamics around the demand for these additives in solvent and water-borne formulations have been analyzed. The analysis discusses regional advancements and dynamics across the Americas; Europe; the Middle East, Africa, and South Asia; and the Asia-Pacific and analyzes the use of various additive types and chemistries across different applications such as architectural, industrial, marine, and protective coatings.

    The demand for additives is primarily driven by the growth in the volume of coatings and an increasing focus on the performance, functionality, unique textures, and appearance of coatings for a wide range of substrates. Although coating formulators seek additives with superior functional properties, the focus remains on reducing the number and quantity of additives, leading to the development of multi-functional additives. Formulators also focus on reducing the treat rates, which depends on the type of additive chemistry in the formulation.

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