Paints and coatings additives market size to grow by USD 2.87 billion from 2021 to 2026, Allnex Management GmbH and Arkema S.A. among key vendors - Technavio

The research report focuses on top companies and crucial drivers, current growth dynamics, futuristic opportunities, and new product/project launches

NEW YORK, May 5, 2023 /PRNewswire/ -- The paints and coatings additives market size is expected to increase by USD 2.87 billion from 2021 to 2026 at a CAGR of 5.68%, according to the latest research report from Technavio. The growing construction activities are driving the market growth. The demand for housing and other infrastructure has increased due to the rising global population. As architectural paints and coatings are highly reflective, they are preferred for construction applications. In addition, they are highly durable and cost-effective. They also help in lowering temperatures inside buildings and reducing the energy consumption of air conditioners. These benefits are expected to fuel market growth during the forecast period. Make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports. View a sample report!

Vendor Landscape

The paints and coatings additives market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. Major players are trying to establish a strong customer base by distributing their products globally through retail and online distribution channels to remain competitive and gain significant market share. Many well-established players focus on the design and production of paints and coating additives for various industries such as transportation, electronics, marine, and architecture. Global vendors face stiff competition from regional vendors. Thus, they are finding ways to differentiate their products to gain market share and have a competitive advantage during the forecast period.

Vendor offerings

• Allnex Management GmbH - The company offers paints and coatings additives such as ADDITOL XL 6592 and ADDITOL P 964.
• Arkema S.A. - The company offers paint and coatings additives such as Crayvallac, Orgasol, and Rilsan.
• BASF SE - The company offers paint and coatings additives such as Dispex Ultra CX 4452 and EFKA FL 3750.
• Clariant International Ltd. - The company offers paint and coatings additives such as Emulsogen LCN 118 and Emulsogen TS 200.

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Key market segmentation

• Application 
• Architectural
• Industrial
• Transportation
• Others

The architectural segment will account for a significant share of market growth during the forecast period. The growth of this segment is attributed to factors such as increasing construction activities, especially in developing countries such as India, China, Brazil, and Thailand. The increasing demand for low-VOC and low-odor formulations for paints and coating additives will further foster the growth of this segment during the forecast period.

• Geography 
• APAC
• North America
• Europe
• South America
• Middle East and Africa

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Regional market outlook

APAC will account for 45% of the market's growth during the forecast period. China and India are the key contributors to the growth of the paints and coatings additives market in the region. In addition, the market in APAC will grow at a faster rate than the market in North America. Factors such as a rise in focus on construction activities and rapid industrialization, particularly in China and India, will drive the paints and coatings additives market growth in the region during the forecast period. The rising demand from the automotive, architectural, and defense industries in India, China, Japan, Indonesia, Thailand, and Vietnam will also fuel the regional market's growth.

For more key highlights on the regional market share of most of the above-mentioned countries - View a sample report

The paints and coatings additives market covers the following areas:

Paints and coatings additives market sizing
Paints and coatings additives market forecast
Paints and coatings additives market analysis

Companies mentioned

• Allnex Management GmbH
• Arkema S.A.
• Arxada AG
• BASF SE
• CHT Germany GmbH
• Clariant International Ltd.
• Eastman Chemical Co.
• Elementis Plc
• Evonik Industries AG
• King Industries Inc.
• Kusumoto Chemicals Ltd.
• Lankem Ltd.
• LANXESS AG
• Momentive Performance Materials Inc.
• Sanyo Chemical Industries Ltd.
• Shamrock Technologies Inc.
• Shin Etsu Chemical Co. Ltd.
• Solvay SA
• The Dow Chemical Co.
• The Lubrizol Corp.

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Key Topics Covered:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

• 5.1 Market segments
• Exhibit 24: Chart on Application - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

• 5.2 Comparison by Application 
• Exhibit 26: Chart on Comparison by Application
• Exhibit 27: Data Table on Comparison by Application

• 5.3 Architectural - Market size and forecast 2021-2026 
• Exhibit 28: Chart on Architectural - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Architectural - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Architectural - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Architectural - Year-over-year growth 2021-2026 (%)

• 5.4 Industrial - Market size and forecast 2021-2026 
• Exhibit 32: Chart on Industrial - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Industrial - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Industrial - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Industrial - Year-over-year growth 2021-2026 (%)

• 5.5 Transportation - Market size and forecast 2021-2026 
• Exhibit 36: Chart on Transportation - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Transportation - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Transportation - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Transportation - Year-over-year growth 2021-2026 (%)

• 5.6 Others - Market size and forecast 2021-2026 
• Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.7 Market opportunity by Application 
• Exhibit 44: Market opportunity by Application ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 46: Chart on Market share by geography 2021-2026 (%)
• Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 48: Chart on Geographic comparison
• Exhibit 49: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026 
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 North America - Market size and forecast 2021-2026 
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026 
• Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026 
• Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026 
• Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026 
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 India - Market size and forecast 2021-2026 
• Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026 
• Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026 
• Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 91: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 93: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 94: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 95: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 96: Matrix on vendor position and classification

• 10.3 Allnex Management GmbH 
• Exhibit 97: Allnex Management GmbH - Overview
• Exhibit 98: Allnex Management GmbH - Product / Service
• Exhibit 99: Allnex Management GmbH - Key news
• Exhibit 100: Allnex Management GmbH - Key offerings

• 10.4 Arkema S.A.
• Exhibit 101: Arkema S.A. - Overview
• Exhibit 102: Arkema S.A. - Business segments
• Exhibit 103: Arkema S.A. - Key news
• Exhibit 104: Arkema S.A. - Key offerings
• Exhibit 105: Arkema S.A. - Segment focus

• 10.5 BASF SE
• Exhibit 106: BASF SE - Overview
• Exhibit 107: BASF SE - Business segments
• Exhibit 108: BASF SE - Key news
• Exhibit 109: BASF SE - Key offerings
• Exhibit 110: BASF SE - Segment focus

• 10.6 Clariant International Ltd. 
• Exhibit 111: Clariant International Ltd. - Overview
• Exhibit 112: Clariant International Ltd. - Business segments
• Exhibit 113: Clariant International Ltd. - Key news
• Exhibit 114: Clariant International Ltd. - Key offerings
• Exhibit 115: Clariant International Ltd. - Segment focus

• 10.7 Evonik Industries AG
• Exhibit 116: Evonik Industries AG - Overview
• Exhibit 117: Evonik Industries AG - Business segments
• Exhibit 118: Evonik Industries AG - Key news
• Exhibit 119: Evonik Industries AG - Key offerings
• Exhibit 120: Evonik Industries AG - Segment focus

• 10.8 King Industries Inc.
• Exhibit 121: King Industries Inc. - Overview
• Exhibit 122: King Industries Inc. - Product / Service
• Exhibit 123: King Industries Inc. - Key offerings

• 10.9 Kusumoto Chemicals Ltd. 
• Exhibit 124: Kusumoto Chemicals Ltd. - Overview
• Exhibit 125: Kusumoto Chemicals Ltd. - Product / Service
• Exhibit 126: Kusumoto Chemicals Ltd. - Key offerings

• 10.10 Shin Etsu Chemical Co. Ltd. 
• Exhibit 127: Shin Etsu Chemical Co. Ltd. - Overview
• Exhibit 128: Shin Etsu Chemical Co. Ltd. - Business segments
• Exhibit 129: Shin Etsu Chemical Co. Ltd. - Key offerings
• Exhibit 130: Shin Etsu Chemical Co. Ltd. - Segment focus

• 10.11 The Dow Chemical Co.
• Exhibit 131: The Dow Chemical Co. - Overview
• Exhibit 132: The Dow Chemical Co. - Business segments
• Exhibit 133: The Dow Chemical Co. - Key news
• Exhibit 134: The Dow Chemical Co. - Key offerings
• Exhibit 135: The Dow Chemical Co. - Segment focus

• 10.12 The Lubrizol Corp.
• Exhibit 136: The Lubrizol Corp. - Overview
• Exhibit 137: The Lubrizol Corp. - Product / Service
• Exhibit 138: The Lubrizol Corp. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 139: Inclusions checklist
• Exhibit 140: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 141: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 142: Research methodology
• Exhibit 143: Validation techniques employed for market sizing
• Exhibit 144: Information sources

• 11.5 List of abbreviations 
• Exhibit 145: List of abbreviations

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