Coating Additives Market Share, Opportunities, Industry 2031

Segments - North America Coating Additives Market by Types (Stabilizers, Rheology Modifiers, Biocides, Defoamers and Deaerators, Flow and Leveling Additives, Dispersants and Wetting Agents, Surface Modifiers, and Other Types), Applications (Transportation, Architectural, Protective, Wood, and Other Applications), and Geography (The US, Mexico, Canada, and Rest of North America) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Riddhesh Dani

Fact-checked by : Harneet Meher

Editor : Shruti Bhat

Report Description

The North America coating additives market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 5% during 2023–2031. The growth of the market is attributed to rising demand for environment friendly products and advanced additives and increasing demand from architecture and furniture sector.

Development of infrastructure is increasing the demand for better quality of coating additives. Coating additives increase the inherent properties and quality of the resin. Coating additives are the complex formulas with pigments, photo-stabilizers, leveling agents, emulsifiers, thickeners, defoamers, and other additives.

North America Coating Additives Market Outlook

Coating additives are used in construction paints for better impact viscosity, resistance, and surface effectiveness of substrates. Coating additives are used in automotive industries to increase the quality and protect from UV rays, chemicals, abrasion, and other weathering effects.

Coating additives have various properties including durability, enhanced appearance, texture enhancement, and anti-corrosiveness. End-user industries including wood & furniture, automotive, industrial, and others are focused on water borne coatings to decrease their expenditure.

Manufactures are focused on increasing the performance of coatings. Growing residential demand for coating additives in paints is propelling the market in the region. Increasing demand for eco-friendly coating additives products is engaging manufacturers to develop new and innovative products.

Market Trends, Drivers, Restraints, and Opportunities

Growing consumer acceptance to the coatings is expected to drive the market during the forecast period.
Rapid growth of the construction industry is major factor boosting the market.
Increasing demand for coatings by end-user industries is estimated to propel the market during the forecast period.
Strict rules and regulations by government can act as major challenge that can hamper the market expansion.
Rising concern for environment protection may hinder the market growth in the coming years.
Increasing health awareness causes reduction in the usage of solvent-based products is projected to impede the market.
R&D investment and technological advancement in manufacturing areas to expand its application is estimated to offer immense opportunities for the market players.

Scope of North America Coating Additives Market Report

The report on the North America coating additives market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Coating Additives Market - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Stabilizers, Rheology Modifiers, Biocides, Defoamers and Deaerators, Flow and Leveling Additives, Dispersants and Wetting Agents, Surface Modifiers, and Other Types) and Applications (Transportation, Architectural, Protective, Wood, and Other Applications)
Country	The US, Mexico, Canada, and Rest of North America
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Cabot Corporation, Eastman Chemical Company, Ashland Inc., The Dow Chemical Company, Elementis Plc., and Solvay

North America Coating Additives Market Segment Insights

The rheology modifiers segment is projected to represent a large market share

On the basis of types, the North America coating additives market is segregated into stabilizers, rheology modifiers, biocides, defoamers and deaerators, flow and leveling additives, dispersants and wetting agents, surface modifiers, and other types.

The rheology modifiers segment is expected to hold a key share of the market during the forecast period due to it helps to have better finishing of the coating surface. Rheology modifiers are used to impart optimal functionality and fluidity to the surface.

North America Coating Additives Market Types

The architecture segment is projected to constitute a major market share

Based on applications, the North America coating additives market is categorized into transportation, architectural, protective, wood, and other applications. The architecture segment is expected to account for a key share of the market in the coming years owing to increasing commercial and residential construction raising the demand for coating additives for protection of buildings.

The US is anticipated to dominate the market

On the basis of regions, the North America coating additives market is categorized as The United States, Mexico, Canada, and Rest of North America. The market of United States is anticipated to expand at a high CAGR during the forecast period. The regional market growth can be attributed to the rising infrastructure in the country. Rising state funding for public works and institutional buildings, positive market fundamentals, and strong economy is expanding the construction industry in the US.

Segments

The North America coating additives market has been segmented on the basis of

Type

Stabilizers
Rheology Modifiers
Biocides
Defoamers and Deaerators
Flow and Leveling Additives
Dispersants and Wetting Agents
Surface Modifiers
Other Types

Application

Transportation
Architectural
Protective
Wood
Other Applications

Regions

United States
Mexico
Canada
Rest of North America

Key Players

Cabot Corporation
Eastman Chemical Company
Ashland Inc.
The Dow Chemical Company
Elementis Plc.
Solvay

Competitive Landscape

Key players competing in the North America coating additives market include Cabot Corporation, Eastman Chemical Company, Ashland Inc., The Dow Chemical Company, Elementis Plc., and Solvay. Some of these players are focusing on several business strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to strengthen their footprints in the market and enhance their market shares.

North America Coating Additives Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Coating Additives Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Coating Additives Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Coating Additives Market - Supply Chain
  4.5. Global Coating Additives Market Forecast
     4.5.1. Coating Additives Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Coating Additives Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Coating Additives Market Absolute $ Opportunity
5. Global Coating Additives Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Coating Additives Market Size and Volume Forecast by Types
     5.3.1. Stabilizers Rheology Modifiers Biocides Defoamers and Deaerators Flow and Leveling Additives Dispersants and Wetting Agents Surface Modifiers Other Types
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Coating Additives Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Coating Additives Market Size and Volume Forecast by Applications
     6.3.1. Transportation Architectural Protective Wood Other Applications
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Coating Additives Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Coating Additives Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Coating Additives Demand Share Forecast, 2019-2026
8. North America Coating Additives Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Coating Additives Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Coating Additives Market Size and Volume Forecast by Types
     8.4.1. Stabilizers Rheology Modifiers Biocides Defoamers and Deaerators Flow and Leveling Additives Dispersants and Wetting Agents Surface Modifiers Other Types
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Coating Additives Market Size and Volume Forecast by Applications
     8.7.1. Transportation Architectural Protective Wood Other Applications
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Coating Additives Demand Share Forecast, 2019-2026
9. Latin America Coating Additives Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Coating Additives Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Coating Additives Market Size and Volume Forecast by Types
     9.4.1. Stabilizers Rheology Modifiers Biocides Defoamers and Deaerators Flow and Leveling Additives Dispersants and Wetting Agents Surface Modifiers Other Types
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Coating Additives Market Size and Volume Forecast by Applications
     9.7.1. Transportation Architectural Protective Wood Other Applications
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Coating Additives Demand Share Forecast, 2019-2026
10. Europe Coating Additives Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Coating Additives Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Coating Additives Market Size and Volume Forecast by Types
     10.4.1. Stabilizers Rheology Modifiers Biocides Defoamers and Deaerators Flow and Leveling Additives Dispersants and Wetting Agents Surface Modifiers Other Types
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Coating Additives Market Size and Volume Forecast by Applications
     10.7.1. Transportation Architectural Protective Wood Other Applications
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Coating Additives Demand Share Forecast, 2019-2026
11. Asia Pacific Coating Additives Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Coating Additives Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Coating Additives Market Size and Volume Forecast by Types
     11.4.1. Stabilizers Rheology Modifiers Biocides Defoamers and Deaerators Flow and Leveling Additives Dispersants and Wetting Agents Surface Modifiers Other Types
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Coating Additives Market Size and Volume Forecast by Applications
     11.7.1. Transportation Architectural Protective Wood Other Applications
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Coating Additives Demand Share Forecast, 2019-2026
12. Middle East & Africa Coating Additives Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Coating Additives Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Coating Additives Market Size and Volume Forecast by Types
     12.4.1. Stabilizers Rheology Modifiers Biocides Defoamers and Deaerators Flow and Leveling Additives Dispersants and Wetting Agents Surface Modifiers Other Types
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Coating Additives Market Size and Volume Forecast by Applications
     12.7.1. Transportation Architectural Protective Wood Other Applications
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Coating Additives Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Coating Additives Market: Market Share Analysis
  13.2. Coating Additives Distributors and Customers
  13.3. Coating Additives Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Cabot Corporation
     13.4.2. Eastman Chemical Company
     13.4.3. Ashland Inc.
     13.4.4. The Dow Chemical Company
     13.4.5. Elementis Plc.
     13.4.6. Solvay