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Asia Pacific Paints and Coatings Additives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Asia-Pacific Paints and Coatings Additives Market Report is segmented by Type (Biocides, Dispersants & Wetting Agents, Defoamers & Deaerators, Rheology Modifiers, Surface Modifiers, Stabilizers, Flow & Leveling Additives, Other Types), Application (Architectural, Wood, Transportation, Protective, and Other Applications), and Geography (China, India, Japan, South Korea, Australia & New Zealand, ASEAN, and Rest of Asia-Pacific).

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APAC Paints & Coatings Additives Market Size

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Asia-Pacific paints and coatings additives market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 6.00 %
Market Concentration High

Major Players

coating additives market

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Asia-Pacific Paints and Coatings Additives Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

APAC Paints & Coatings Additives Market Analysis

The Asia-Pacific paints and coatings additives market is estimated to witness a significant growth, at an estimated CAGR of over 6%, over the forecast period. Rising demand from furniture coatings in China and increasing construction activities are expected to drive the market during the forecast period.

  • Rising environmental concerns and regulations are likely to hinder the market's growth.
  • Rising demand from beverage coatings in India is expected to create opportunities for the market growth in the future.
  • China is expected to dominate the market and is also expected to witness the fastest CAGR during the forecast period.

APAC Paints & Coatings Additives Market Trends

This section covers the major market trends shaping the APAC Paints & Coatings Additives Market according to our research experts:

Architectural Segment to Dominate the Market

  • The architectural segment includes additives used in coatings for commercial purposes, such as office buildings, warehouses, retail convenience stores, shopping malls, and residential buildings.
  • Some of the majorly used additives for architectural coatings include rheological modifiers, defoamers, dispersants, and wetting agents.
  • In general, the additives used for architectural coatings help in enhancing surface properties, stabilizing pigment, enhancing wetting and dispersing properties and defoaming properties, etc.
  • The increasing demand for decorative coatings in houses, for greater aesthetics, is estimated to boost the demand for paint and coating additives in architectural coatings at a significant rate in the next few years.
  • Thus, the demand for paints and coatings is increasing, in turn having a direct impact on the additives market.
paint additives market share

China to Dominate the Market

  • In the Asia-Pacific region, China is the largest economy, in terms of GDP. China is one of the fastest emerging economies and has become one of the biggest production houses in the world, today. The country鈥檚 manufacturing sector is one of the major contributors to the country鈥檚 economy.
  • The continuous improvements in economic conditions in the region have enhanced the financial status of the consumers, in turn, boosting the demand for buildings and other infrastructural activities in the country.
  • China鈥檚 13th Five Year Plan started in 2016 as it was an important year for the country鈥檚 engineering, procurement, and construction (EPC) industry. In addition to this, the country ventured into new business models domestically and internationally, during the year.
  • Moreover, restrictions on foreign investment on land development, high-end hotels, office buildings, international exhibition centers, and construction and operation of large theme parks have also been lifted.
  • The growth in commercial and residential sectors is expected to boost the paints and coatings market in the country. Thus, driving the demand for paints and coatings additives during the forecast period.
paint additives market

APAC Paints & Coatings Additives Industry Overview

The Asia-Pacific paints and coatings additives market is partially consolidated. Key players in the market include Altana, Ashland, Dow, ELEMENTIS PLC, and Solvay, among others.

APAC Paints & Coatings Additives Market Leaders

  1. Altana

  2. Ashland

  3. Dow

  4. ELEMENTIS PLC

  5. Solvay

*Disclaimer: Major Players sorted in no particular order

3M, Akzo Nobel N.V., ALLNEX NETHERLANDS B.V., Altana, Arkema Group, Ashland, Axalta Coating Systems, BASF SE, The Chemours Company
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APAC Paints & Coatings Additives Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Rising Demand from Furniture Coatings in China

      2. 4.1.2 Increasing Construction Activities

    2. 4.2 Restraints

      1. 4.2.1 Rising Environmental Regulations

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Biocides

      2. 5.1.2 Dispersants and Wetting Agents

      3. 5.1.3 Defoamers and Deaerators

      4. 5.1.4 Rheology Modifiers

      5. 5.1.5 Surface Modifiers

      6. 5.1.6 Stabilizers

      7. 5.1.7 Flow and Leveling Additives

      8. 5.1.8 Other Types

    2. 5.2 Application

      1. 5.2.1 Architectural

      2. 5.2.2 Wood

      3. 5.2.3 Transportation

      4. 5.2.4 Protective

      5. 5.2.5 Other Applications

    3. 5.3 Geography

      1. 5.3.1 China

      2. 5.3.2 India

      3. 5.3.3 Japan

      4. 5.3.4 South Korea

      5. 5.3.5 Australia & New Zealand

      6. 5.3.6 ASEAN

      7. 5.3.7 Rest of Asia-Pacific

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 3M

      2. 6.4.2 Akzo Nobel N.V.

      3. 6.4.3 ALLNEX NETHERLANDS B.V.

      4. 6.4.4 Altana

      5. 6.4.5 Arkema Group

      6. 6.4.6 Ashland

      7. 6.4.7 Axalta Coating Systems

      8. 6.4.8 BASF SE

      9. 6.4.9 The Chemours Company

      10. 6.4.10 Clariant

      11. 6.4.11 Dow

      12. 6.4.12 Eastman Chemical Company

      13. 6.4.13 ELEMENTIS PLC

      14. 6.4.14 Evonik Industries AG

      15. 6.4.15 K-TECH (INDIA) LIMITED

      16. 6.4.16 The Lubrizol Corporation

      17. 6.4.17 Solvay

      18. 6.4.18 The Sherwin-Williams Company

    5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Rising Demand from Beverage Coatings in India

**Subject to Availability
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APAC Paints & Coatings Additives Industry Segmentation

The Asia-Pacific paints and coatings additives market report includes:

Type
Biocides
Dispersants and Wetting Agents
Defoamers and Deaerators
Rheology Modifiers
Surface Modifiers
Stabilizers
Flow and Leveling Additives
Other Types
Application
Architectural
Wood
Transportation
Protective
Other Applications
Geography
China
India
Japan
South Korea
Australia & New Zealand
ASEAN
Rest of Asia-Pacific
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APAC Paints & Coatings Additives Market Research FAQs

The Asia-Pacific Paints and Coatings Additives Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)

Altana, Ashland, Dow, ELEMENTIS PLC and Solvay are the major companies operating in the Asia-Pacific Paints and Coatings Additives Market.

The report covers the Asia-Pacific Paints and Coatings Additives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Paints and Coatings Additives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

APAC Paints & Coatings Additives Industry Report

Statistics for the 2024 APAC Paints & Coatings Additives market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. APAC Paints & Coatings Additives analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Asia Pacific Paints and Coatings Additives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)