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Asia-Pacific Paints and Coatings Additives Market | 2031
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Asia-Pacific Paints and Coatings Additives Market | 2031

Segments - Asia-Pacific Paints and Coatings Additives Market by Type (Biocides, Dispersants & Wetting Agents, Defoamers & Deaerators, Rheology Modifiers, Surface Modifiers, Stabilizers, Flow & Leveling Additives, and Others), Application (Architectural, Wood, Transportation, Protective, and Others), and Geography (China, India, Japan, South Korea, Australia & New Zealand, ASEAN, and Rest of Asia-Pacific) - Asia-Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Riddhesh Dani
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Fact-checked by : Harneet Meher
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Editor : Shruti Bhat

Upcoming | Report ID :MC-2299 | 4.8 Rating | 72 Reviews | 176 Pages | Format : PDF Excel PPT

Report Description


The Asia-Pacific Paints and Coatings Additives Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 6% during the forecast period, 2023 – 2031. Growth of the market is attributed to increasing population, unhealthy lifestyles, rising application of powder coatings, and growing demand for automotive industry.

Coating additives are the types of solutions used to improve the quality and performance of paints. They are used to improve product characteristics and remove or decrease issues that arise during the formulation and manufacture of paint systems. Paints and coatings are materials that are applied to a surface to protect it from corrosion, rusting, and erosion, all of which can contribute to surface deterioration.

Asia-Pacific Paints and Coatings Additives Market Outlook

Paint and coating additives are used as raw ingredients to improve paint and coating quality and application. A modest number of compounds applied to paints and coatings improves their efficacy and performance dramatically. Paints and coatings with these ingredients have a variety of qualities, including improved appearance, durability, and anti-corrosion.

The Covid-19 pandemic affected the demand and supply of Asia Pacific paints and coatings additives market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

  • Increasing demand for furniture coatings in China and increased building activity are anticipated to fuel the market during forecast period.

  • Increasing demand for eco-friendly paints are key factor propelling the market in the coming years.

  • Rising environmental concerns and restrictions is estimated to hamper the market growth.

  • High cost of the products and increased raw material prices is projected to hamper the market expansion.

  • Rising demand for beverage coatings in India is projected to create lucrative opportunities for the market players.

Scope of Paints and Coatings Additives Market Report

The report on the Asia Pacific paints and coatings 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

Asia-Pacific Paints and Coatings Additives Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Type (Biocides, Dispersants & Wetting Agents, Defoamers & Deaerators, Rheology Modifiers, Surface Modifiers, Stabilizers, Flow & Levelling Additives, and Others), Application (Architectural, Wood, Transportation, Protective, and Others)

Geographical Scope

China, India, Japan, South Korea, Australia & New Zealand, ASEAN, and Rest of Asia-Pacific

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Solvay, Atlana, Ashland, Dow, and ELEMENTIS PLC.

Asia Pacific Paints and Coatings Additives Market Segment Insights

The architectural segment is projected to represent a major market share

On the basis of application, the Asia Pacific paints and coatings additives market is divided into architectural, wood, transportation, protective, and others.

The architectural segment is expected to hold a key share of the market during the forecast period. Additives used in commercial coatings, such as office buildings, warehouses, retail convenience shops, shopping malls, and residential structures, are included in the architectural sector. Rheological modifiers, defoamers, dispersants, and wetting agents are some of the most often used additives in architectural coatings. In general, architectural coating additives aid in improving surface characteristics, stabilizing pigment, improving wetting and dispersion capabilities, and defoaming properties.

Asia-Pacific Paints and Coatings Additives Market Applications

China is expected to dominate the market

On the basis of regions, the Asia-Pacific paints and coatings additives market is classified as China, India, Japan, South Korea, Australia & New Zealand, ASEAN, and Rest of Asia-Pacific. China is anticipated to dominate the market during the forecast period. China has the largest economy in the Asia-Pacific in terms of GDP. One of the most important contributors to the country's economy is the manufacturing sector. The continuous improvement in the region's economic conditions has improved consumers' financial situations, which has boosted demand for constructions and other infrastructure operations in the country.

Additionally, foreign investment prohibitions on land development, high-end hotels, office buildings, international exposition centers, and the construction and management of big theme parks have been abolished. Moreover, foreign investment prohibitions on land development, high-end hotels, office buildings, international exposition centers, and the construction and management of big theme parks have been lifted.

Segments

The Asia-Pacific paints and coatings additives market has been segmented on the basis of

Type

  • Biocides
  • Dispersants & Wetting Agents
  • Defoamers & Deaerators
  • Rheology Modifiers
  • Surface Modifiers
  • Stabilizers
  • Flow & Levelling Additives
  • Others

Application

  • Architectural
  • Wood
  • Transportation
  • Protective
  • Others

Geography

  • China
  • India
  • Japan
  • South Korea
  • Australia & New Zealand
  • ASEAN
  • Rest of Asia-Pacific

Key Players

Competitive Landscape

Key players competing in the Asia Pacific paints and coatings additives market include Solvay, Atlana, Ashland, Dow, and ELEMENTIS PLC.

Some of these players are several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Asia-Pacific Paints and Coatings Additives Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Paints and Coatings 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. Paints and Coatings Additives Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Paints and Coatings Additives Market - Supply Chain
  4.5. Global Paints and Coatings Additives Market Forecast
     4.5.1. Paints and Coatings Additives Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Paints and Coatings Additives Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Paints and Coatings Additives Market Absolute $ Opportunity
5. Global Paints and Coatings 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. Paints and Coatings Additives Market Size and Volume Forecast by Types
     5.3.1. Biocides
     5.3.2. Dispersants & Wetting Agents
     5.3.3. Defoamers & Deaerators
     5.3.4. Rheology Modifiers
     5.3.5. Surface Modifiers
     5.3.6. Stabilizers
     5.3.7. Flow & Levelling Additives
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Paints and Coatings 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. Paints and Coatings Additives Market Size and Volume Forecast by Applications
     6.3.1. Architectural
     6.3.2. Wood
     6.3.3. Transportation
     6.3.4. Protective
     6.3.5. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Paints and Coatings 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. Paints and Coatings 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 Paints and Coatings Additives Demand Share Forecast, 2019-2026
8. North America Paints and Coatings 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 Paints and Coatings 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 Paints and Coatings Additives Market Size and Volume Forecast by Types
     8.4.1. Biocides
     8.4.2. Dispersants & Wetting Agents
     8.4.3. Defoamers & Deaerators
     8.4.4. Rheology Modifiers
     8.4.5. Surface Modifiers
     8.4.6. Stabilizers
     8.4.7. Flow & Levelling Additives
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Paints and Coatings Additives Market Size and Volume Forecast by Applications
     8.7.1. Architectural
     8.7.2. Wood
     8.7.3. Transportation
     8.7.4. Protective
     8.7.5. Others
  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 Paints and Coatings Additives Demand Share Forecast, 2019-2026
9. Latin America Paints and Coatings 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 Paints and Coatings 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 Paints and Coatings Additives Market Size and Volume Forecast by Types
     9.4.1. Biocides
     9.4.2. Dispersants & Wetting Agents
     9.4.3. Defoamers & Deaerators
     9.4.4. Rheology Modifiers
     9.4.5. Surface Modifiers
     9.4.6. Stabilizers
     9.4.7. Flow & Levelling Additives
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Paints and Coatings Additives Market Size and Volume Forecast by Applications
     9.7.1. Architectural
     9.7.2. Wood
     9.7.3. Transportation
     9.7.4. Protective
     9.7.5. Others
  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 Paints and Coatings Additives Demand Share Forecast, 2019-2026
10. Europe Paints and Coatings 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 Paints and Coatings 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 Paints and Coatings Additives Market Size and Volume Forecast by Types
     10.4.1. Biocides
     10.4.2. Dispersants & Wetting Agents
     10.4.3. Defoamers & Deaerators
     10.4.4. Rheology Modifiers
     10.4.5. Surface Modifiers
     10.4.6. Stabilizers
     10.4.7. Flow & Levelling Additives
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Paints and Coatings Additives Market Size and Volume Forecast by Applications
     10.7.1. Architectural
     10.7.2. Wood
     10.7.3. Transportation
     10.7.4. Protective
     10.7.5. Others
  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 Paints and Coatings Additives Demand Share Forecast, 2019-2026
11. Asia Pacific Paints and Coatings 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 Paints and Coatings 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 Paints and Coatings Additives Market Size and Volume Forecast by Types
     11.4.1. Biocides
     11.4.2. Dispersants & Wetting Agents
     11.4.3. Defoamers & Deaerators
     11.4.4. Rheology Modifiers
     11.4.5. Surface Modifiers
     11.4.6. Stabilizers
     11.4.7. Flow & Levelling Additives
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Paints and Coatings Additives Market Size and Volume Forecast by Applications
     11.7.1. Architectural
     11.7.2. Wood
     11.7.3. Transportation
     11.7.4. Protective
     11.7.5. Others
  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 Paints and Coatings Additives Demand Share Forecast, 2019-2026
12. Middle East & Africa Paints and Coatings 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 Paints and Coatings 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 Paints and Coatings Additives Market Size and Volume Forecast by Types
     12.4.1. Biocides
     12.4.2. Dispersants & Wetting Agents
     12.4.3. Defoamers & Deaerators
     12.4.4. Rheology Modifiers
     12.4.5. Surface Modifiers
     12.4.6. Stabilizers
     12.4.7. Flow & Levelling Additives
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Paints and Coatings Additives Market Size and Volume Forecast by Applications
     12.7.1. Architectural
     12.7.2. Wood
     12.7.3. Transportation
     12.7.4. Protective
     12.7.5. Others
  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 Paints and Coatings Additives Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Paints and Coatings Additives Market: Market Share Analysis
  13.2. Paints and Coatings Additives Distributors and Customers
  13.3. Paints and Coatings Additives Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Solvay
     13.4.2. Atlana
     13.4.3. Ashland
     13.4.4. Dow
     13.4.5. ELEMENTIS PLC

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