North America Coating Additives Market By Type (Acrylic, Fluoropolymers, Urethanes, Metallic Additives, and Others), By Formulation (Water-borne Coating, Solvent-borne Coating, Solventless Coating, Powder Coating, and Radiation Curable Coating), By End Use (Architectural, Automotive, Industrial, Wood & Furniture, and Others), By Function (Rheology Modification, Anti-foaming, Wetting & Dispersion, Biocides, Impact Modification, and Others), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
The North America Coating Additives Market would witness market growth of 4.2% CAGR during the forecast period (2021-2027).
Coating additives are added to paints to improve their quality and performance, such as solids dispersion, foam reduction, wetting, anti-catering, anti-chipping, gloss control, and UV protection. They also assist surfaces in dealing with higher temperatures, abrasion, moisture, biocides, and chemical resistance. The market for coating additives is driven by features like these.
During the forecasting period, the market is likely to be fueled by growth in the automotive, building, and construction industries. During the forecast period, environmental restrictions adopted for coating additives to lower VOC content to avoid environmental hazards are also predicted to have a significant impact on the coating additives market.
The construction industry makes a considerable contribution to the American economy. The US economy, worth $20 trillion, is built on a huge infrastructure network that includes everything from bridges and highways to freight rail and ports, as well as electrical grids and internet access. The country's coatings additives industry is primarily driven by rising residential construction expenditure and increased demand for upgrading existing structures.
The US market dominated the North America Coating Additives Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,756.3 million by 2027. The Canada market is expected to witness a CAGR of 6.6% during (2021 - 2027). Additionally, The Mexico market would experience a CAGR of 5.7% during (2021 - 2027).
Based on Type, the market is segmented into Acrylic, Fluoropolymers, Urethanes, Metallic Additives, and Others. Based on Formulation, the market is segmented into Water-borne Coating, Solvent-borne Coating, Solventless Coating, Powder Coating, and Radiation Curable Coating. Based on End Use, the market is segmented into Architectural, Automotive, Industrial, Wood & Furniture, and Others. Based on Function, the market is segmented into Rheology Modification, Anti-foaming, Wetting & Dispersion, Biocides, Impact Modification, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Akzo Nobel N.V., The Dow Chemical Company, BASF SE, Arkema S.A., Evonik Industries AG (RAG-Stiftung), Momentive Performance Materials, Inc., Lanxess AG, Eastman Chemical Company, Clariant AG, and Elementis PLC.
Scope of the Study
Market Segments covered in the Report:
By Type
- Acrylic
- Fluoropolymers
- Urethanes
- Metallic Additives
- Others
- Water-borne Coating
- Solvent-borne Coating
- Solventless Coating
- Powder Coating
- Radiation Curable Coating
- Architectural
- Automotive
- Industrial
- Wood & Furniture
- Others
- Rheology Modification
- Anti-foaming
- Wetting & Dispersion
- Biocides
- Impact Modification
- Others
- US
- Canada
- Mexico
- Rest of North America
- Akzo Nobel N.V.
- The Dow Chemical Company
- BASF SE
- Arkema S.A.
- Evonik Industries AG (RAG-Stiftung)
- Momentive Performance Materials, Inc.
- Lanxess AG
- Eastman Chemical Company
- Clariant AG
- Elementis PLC
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Coating Additives Market, by Type
- 1.4.2 North America Coating Additives Market, by Formulation
- 1.4.3 North America Coating Additives Market, by End Use
- 1.4.4 North America Coating Additives Market, by Function
- 1.4.5 North America Coating Additives Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.2.4 Geographical Expansions
- 3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
- 3.3.2 Key Strategic Move: (Acquisitions and Mergers: 2017, Apr – 2021, Dec) Leading Players
- Chapter 4. North America Coating Additives Market by Type
- 4.1 North America Acrylic Market by Country
- 4.2 North America Fluoropolymers Market by Country
- 4.3 North America Urethanes Market by Country
- 4.4 North America Metallic Additives Market by Country
- 4.5 North America Others Type Market by Country
- Chapter 5. North America Coating Additives Market by Formulation
- 5.1 North America Water-borne Coating Market by Country
- 5.2 North America Solvent-borne Coating Market by Country
- 5.3 North America Solventless Coating Market by Country
- 5.4 North America Powder Coating Market by Country
- 5.5 North America Radiation Curable Coating Market by Country
- Chapter 6. North America Coating Additives Market by End Use
- 6.1 North America Architectural Market by Country
- 6.2 North America Automotive Market by Country
- 6.3 North America Industrial Market by Country
- 6.4 North America Wood & Furniture Market by Country
- 6.5 North America Others Market by Country
- Chapter 7. North America Coating Additives Market by Function
- 7.1 North America Rheology Modification Market by Country
- 7.2 North America Anti-Foaming Market by Country
- 7.3 North America Wetting & Dispersion Market by Country
- 7.4 North America Biocides Market by Country
- 7.5 North America Impact Modification Market by Country
- 7.6 North America Others Market by Country
- Chapter 8. North America Coating Additives Market by Country
- 8.1 US Coating Additives Market
- 8.1.1 US Coating Additives Market by Type
- 8.1.2 US Coating Additives Market by Formulation
- 8.1.3 US Coating Additives Market by End Use
- 8.1.4 US Coating Additives Market by Function
- 8.2 Canada Coating Additives Market
- 8.2.1 Canada Coating Additives Market by Type
- 8.2.2 Canada Coating Additives Market by Formulation
- 8.2.3 Canada Coating Additives Market by End Use
- 8.2.4 Canada Coating Additives Market by Function
- 8.3 Mexico Coating Additives Market
- 8.3.1 Mexico Coating Additives Market by Type
- 8.3.2 Mexico Coating Additives Market by Formulation
- 8.3.3 Mexico Coating Additives Market by End Use
- 8.3.4 Mexico Coating Additives Market by Function
- 8.4 Rest of North America Coating Additives Market
- 8.4.1 Rest of North America Coating Additives Market by Type
- 8.4.2 Rest of North America Coating Additives Market by Formulation
- 8.4.3 Rest of North America Coating Additives Market by End Use
- 8.4.4 Rest of North America Coating Additives Market by Function
- Chapter 9. Company Profiles
- 9.1 Akzo Nobel N.V.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Product Launches and Product Expansions:
- 9.1.5.3 Acquisition and Mergers:
- 9.2 The Dow Chemical Company
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.3 BASF SE
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.4 Arkema S.A.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.5.2 Acquisition and Mergers:
- 9.5 Evonik Industries AG (RAG-Stiftung)
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.5.2 Product Launches and Product Expansions:
- 9.5.5.3 Geographical Expansions:
- 9.6 Momentive Performance Materials, Inc.
- 9.6.1 Company Overview
- 9.7 Lanxess AG
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Geographical Expansions:
- 9.8 Eastman Chemical Company
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expense
- 9.9 Clariant AG
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Research & Development Expenses
- 9.9.4 Recent strategies and developments:
- 9.9.4.1 Geographical Expansions:
- 9.10. Elementis PLC
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 Recent strategies and developments:
- 9.10.5.1 Partnerships, Collaborations, and Agreements:
- 9.10.5.2 Geographical Expansions:
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook