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.
Free Valuable Insights: The Global Coating Additives Market is Estimated to reach $11.8 Billion by 2027, at a CAGR of 4.8%
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
By Formulation
- Water-borne Coating
- Solvent-borne Coating
- Solventless Coating
- Powder Coating
- Radiation Curable Coating
By End Use
- Architectural
- Automotive
- Industrial
- Wood & Furniture
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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
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:
TABLE 1 North America Coating Additives Market, 2017 - 2020, USD Million
TABLE 2 North America Coating Additives Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Coating Additives Market
TABLE 4 Product Launches And Product Expansions– Coating Additives Market
TABLE 5 Acquisition and Mergers– Coating Additives Market
TABLE 6 Geographical Expansions– Coating Additives Market
TABLE 7 North America Coating Additives Market by Type, 2017 - 2020, USD Million
TABLE 8 North America Coating Additives Market by Type, 2021 - 2027, USD Million
TABLE 9 North America Acrylic Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Acrylic Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Fluoropolymers Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Fluoropolymers Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Urethanes Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Urethanes Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Metallic Additives Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Metallic Additives Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Others Type Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Others Type Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Coating Additives Market by Formulation, 2017 - 2020, USD Million
TABLE 20 North America Coating Additives Market by Formulation, 2021 - 2027, USD Million
TABLE 21 North America Water-borne Coating Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Water-borne Coating Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Solvent-borne Coating Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Solvent-borne Coating Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Solventless Coating Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Solventless Coating Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Powder Coating Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Powder Coating Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Radiation Curable Coating Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Radiation Curable Coating Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Coating Additives Market by End Use, 2017 - 2020, USD Million
TABLE 32 North America Coating Additives Market by End Use, 2021 - 2027, USD Million
TABLE 33 North America Architectural Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Architectural Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Automotive Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Automotive Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Industrial Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Industrial Market by Country, 2021 - 2027, USD Million
TABLE 39 North America Wood & Furniture Market by Country, 2017 - 2020, USD Million
TABLE 40 North America Wood & Furniture Market by Country, 2021 - 2027, USD Million
TABLE 41 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 42 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 43 North America Coating Additives Market by Function, 2017 - 2020, USD Million
TABLE 44 North America Coating Additives Market by Function, 2021 - 2027, USD Million
TABLE 45 North America Rheology Modification Market by Country, 2017 - 2020, USD Million
TABLE 46 North America Rheology Modification Market by Country, 2021 - 2027, USD Million
TABLE 47 North America Anti-Foaming Market by Country, 2017 - 2020, USD Million
TABLE 48 North America Anti-Foaming Market by Country, 2021 - 2027, USD Million
TABLE 49 North America Wetting & Dispersion Market by Country, 2017 - 2020, USD Million
TABLE 50 North America Wetting & Dispersion Market by Country, 2021 - 2027, USD Million
TABLE 51 North America Biocides Market by Country, 2017 - 2020, USD Million
TABLE 52 North America Biocides Market by Country, 2021 - 2027, USD Million
TABLE 53 North America Impact Modification Market by Country, 2017 - 2020, USD Million
TABLE 54 North America Impact Modification Market by Country, 2021 - 2027, USD Million
TABLE 55 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 56 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 57 North America Coating Additives Market by Country, 2017 - 2020, USD Million
TABLE 58 North America Coating Additives Market by Country, 2021 - 2027, USD Million
TABLE 59 US Coating Additives Market, 2017 - 2020, USD Million
TABLE 60 US Coating Additives Market, 2021 - 2027, USD Million
TABLE 61 US Coating Additives Market by Type, 2017 - 2020, USD Million
TABLE 62 US Coating Additives Market by Type, 2021 - 2027, USD Million
TABLE 63 US Coating Additives Market by Formulation, 2017 - 2020, USD Million
TABLE 64 US Coating Additives Market by Formulation, 2021 - 2027, USD Million
TABLE 65 US Coating Additives Market by End Use, 2017 - 2020, USD Million
TABLE 66 US Coating Additives Market by End Use, 2021 - 2027, USD Million
TABLE 67 US Coating Additives Market by Function, 2017 - 2020, USD Million
TABLE 68 US Coating Additives Market by Function, 2021 - 2027, USD Million
TABLE 69 Canada Coating Additives Market, 2017 - 2020, USD Million
TABLE 70 Canada Coating Additives Market, 2021 - 2027, USD Million
TABLE 71 Canada Coating Additives Market by Type, 2017 - 2020, USD Million
TABLE 72 Canada Coating Additives Market by Type, 2021 - 2027, USD Million
TABLE 73 Canada Coating Additives Market by Formulation, 2017 - 2020, USD Million
TABLE 74 Canada Coating Additives Market by Formulation, 2021 - 2027, USD Million
TABLE 75 Canada Coating Additives Market by End Use, 2017 - 2020, USD Million
TABLE 76 Canada Coating Additives Market by End Use, 2021 - 2027, USD Million
TABLE 77 Canada Coating Additives Market by Function, 2017 - 2020, USD Million
TABLE 78 Canada Coating Additives Market by Function, 2021 - 2027, USD Million
TABLE 79 Mexico Coating Additives Market, 2017 - 2020, USD Million
TABLE 80 Mexico Coating Additives Market, 2021 - 2027, USD Million
TABLE 81 Mexico Coating Additives Market by Type, 2017 - 2020, USD Million
TABLE 82 Mexico Coating Additives Market by Type, 2021 - 2027, USD Million
TABLE 83 Mexico Coating Additives Market by Formulation, 2017 - 2020, USD Million
TABLE 84 Mexico Coating Additives Market by Formulation, 2021 - 2027, USD Million
TABLE 85 Mexico Coating Additives Market by End Use, 2017 - 2020, USD Million
TABLE 86 Mexico Coating Additives Market by End Use, 2021 - 2027, USD Million
TABLE 87 Mexico Coating Additives Market by Function, 2017 - 2020, USD Million
TABLE 88 Mexico Coating Additives Market by Function, 2021 - 2027, USD Million
TABLE 89 Rest of North America Coating Additives Market, 2017 - 2020, USD Million
TABLE 90 Rest of North America Coating Additives Market, 2021 - 2027, USD Million
TABLE 91 Rest of North America Coating Additives Market by Type, 2017 - 2020, USD Million
TABLE 92 Rest of North America Coating Additives Market by Type, 2021 - 2027, USD Million
TABLE 93 Rest of North America Coating Additives Market by Formulation, 2017 - 2020, USD Million
TABLE 94 Rest of North America Coating Additives Market by Formulation, 2021 - 2027, USD Million
TABLE 95 Rest of North America Coating Additives Market by End Use, 2017 - 2020, USD Million
TABLE 96 Rest of North America Coating Additives Market by End Use, 2021 - 2027, USD Million
TABLE 97 Rest of North America Coating Additives Market by Function, 2017 - 2020, USD Million
TABLE 98 Rest of North America Coating Additives Market by Function, 2021 - 2027, USD Million
TABLE 99 Key information – Akzo Nobel N.V.
TABLE 100 key Information – The Dow Chemical Company
TABLE 101 Key Information – BASF SE
TABLE 102 Key information – Arkema S.A.
TABLE 103 Key Information – Evonik Industries AG
TABLE 104 Key Information – Momentive Performance Materials, Inc.
TABLE 105 key Information – Lanxess AG
TABLE 106 Key Information – Eastman Chemical Company
TABLE 107 Key Information – Clariant AG
TABLE 108 key Information – Elementis PLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Acquisitions and Mergers: 2017, Apr – 2021, Dec) Leading Players
FIG 5 Recent strategies and developments: Akzo Nobel N.V.
FIG 6 Recent strategies and developments: Arkema S.A.
FIG 7 Recent strategies and developments: Evonik Industries AG
FIG 8 Recent strategies and developments: Lanxess AG