Market Overview:
The global waterborne coating additives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for waterborne coatings from various end-use industries, such as wood coatings, furniture coatings, plastic coatings, and printing inks. In addition, the growing awareness about the benefits of using waterborne coating additives is also contributing to the growth of this market. The global waterborne coating additives market can be segmented on the basis of type into wetting & dispersion additives, defoaming agents, rheology modifiers, flow modifiers and other types. The wetting & dispersion additive segment is expected to account for a major share of the global waterborne coating additives market during the forecast period owing to its ability to improve surface finish and reduce defects in coated products. The defoaming agent segment is projected to grow at a high CAGR during 2018-2030 due its ability minimize foam formation in coated products and improve their quality. On basis application ,the wood coatings application segment accounted for majority share of total revenue generated by global Water borne Coating Additives Market .This trend is anticipated continue over next few years owing rapid expansion witnessed by construction industry across globe .In terms value terms , Asia Pacific region led Global Water borne Coating Additives Market with highest revenue contribution followed by North America region in 2017 .
Product Definition:
Waterborne coating additives are chemicals that are added to water-based coatings in order to improve their properties. Some common waterborne coating additives include thickeners, leveling agents, and defoamers.
Waterborne coatings have several advantages over solvent-based coatings. They are less toxic and more environmentally friendly, and they can be used to produce thinner films that dry more quickly. Waterborne coatings also tend to be less expensive than solvent-based coatings.
Wetting & Dispersion Additives:
Wetting & dispersion additives are used to improve the film-forming ability of waterborne coatings. They lower the surface tension of aqueous coating solutions and promote rapid wetting of particles, thus improving their adhesion. The product is added in various forms including salts, esters, and amides among others for use in waterborne coatings.
Defoaming Agents:
Defoaming agents are additives that reduce the foam formation on application to a solution. They are used in waterborne coating additives and their function is to prevent or reduce foam formation during the addition of the liquid coatings to aqueous media. The agent functions by reducing surface tension, thereby allowing rapid absorption of paint as well as by increasing volume flow rate for easier distribution and also helps in maintaining viscosity of paints & coatings.
Application Insights:
The wood coatings application segment led the global waterborne coating additives market in 2017 and is projected to witness significant growth over the forecast period. Increasing demand for wooden houses in emerging economies such as India, China, and Thailand on account of increasing disposable income levels coupled with rising employment rates is expected to drive product consumption.
Furniture coatings were the second largest application segment that year accounting for a volume share of 15.9%. The growing furniture industry across developing countries such as Brazil, Indonesia, Malaysia and others on account of high consumer spending power due to rapid economic growth is expected to augment product demand over the next eight years. Increasing use of plastic films & sheets owing to its flexibility & durability has resulted in increased demand for plastic-based products which include furniture along with other daily use items like bags & containers etc., thereby driving overall product consumption towards 2030.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in construction spending, which is likely to benefit the waterborne coatings industry. In addition, growing automotive production and favorable government regulations are also expected to drive product demand over the next eight years.
Europe emerged as a significant market for waterborne coatings additives owing to high demand from wood coatings application segment on account of rising environmental concerns regarding VOC emissions from conventional synthetic organic solvents used for wood finishing operations coupled with stringent laws aimed at reducing such emissions in countries like Germany and France. Water-based products have low toxicity as compared to their solvent-based counterparts making them suitable for use around people’s eyes and skin without causing any harm.
Growth Factors:
- Increasing demand from the end-use industries such as construction, automotive and marine
- Rising awareness about the benefits of waterborne coatings over solvent-borne coatings
- Growing popularity of low VOC (Volatile Organic Compound) and zero VOC waterborne coatings among consumers
- Proliferation of nanotechnology in the waterborne coating additives market
- Stringent environmental regulations across regions driving adoption of waterborne coating additives
Scope Of The Report
Report Attributes
Report Details
Report Title
Waterborne Coating Additives Market Research Report
By Type
Wetting & Dispersion Additives, Defoaming Agents, Rheology Modifiers, Flow Additives, Other
By Application
Wood Coatings, Furniture Coatings, Plastic Coatings, Printing Inks, Other
By Companies
AkzoNobel, Evonik, BASF, Solvay, BYK, Harmony Additive, Dow, Allnex, Arkema, Air Products, AkzoNobel, Falcon Technologies, Shah Patil, Troy, KaMin LLC, Lubrizol Advanced Materials, Taminco, King Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Waterborne Coating Additives Market Report Segments:
The global Waterborne Coating Additives market is segmented on the basis of:
Types
Wetting & Dispersion Additives, Defoaming Agents, Rheology Modifiers, Flow Additives, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Wood Coatings, Furniture Coatings, Plastic Coatings, Printing Inks, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AkzoNobel
- Evonik
- BASF
- Solvay
- BYK
- Harmony Additive
- Dow
- Allnex
- Arkema
- Air Products
- AkzoNobel
- Falcon Technologies
- Shah Patil
- Troy
- KaMin LLC
- Lubrizol Advanced Materials
- Taminco
- King Industries
Highlights of The Waterborne Coating Additives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wetting & Dispersion Additives
- Defoaming Agents
- Rheology Modifiers
- Flow Additives
- Other
- By Application:
- Wood Coatings
- Furniture Coatings
- Plastic Coatings
- Printing Inks
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Waterborne Coating Additives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Waterborne coating additives are chemicals that are added to water-based coatings in order to improve their properties. These additives can help the coating resist water droplets, reduce film thickness, and increase gloss.
Some of the major players in the waterborne coating additives market are AkzoNobel, Evonik, BASF, Solvay, BYK, Harmony Additive, Dow, Allnex, Arkema, Air Products, AkzoNobel, Falcon Technologies, Shah Patil, Troy, KaMin LLC, Lubrizol Advanced Materials, Taminco, King Industries.
The waterborne coating additives market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Waterborne Coating Additives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Waterborne Coating Additives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Waterborne Coating Additives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Waterborne Coating Additives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Waterborne Coating Additives Market Size & Forecast, 2018-2028
4.5.1 Waterborne Coating Additives Market Size and Y-o-Y Growth
4.5.2 Waterborne Coating Additives Market Absolute $ Opportunity
Chapter 5 Global Waterborne Coating Additives Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Waterborne Coating Additives Market Size Forecast by Type
5.2.1 Wetting & Dispersion Additives
5.2.2 Defoaming Agents
5.2.3 Rheology Modifiers
5.2.4 Flow Additives
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Waterborne Coating Additives Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Waterborne Coating Additives Market Size Forecast by Applications
6.2.1 Wood Coatings
6.2.2 Furniture Coatings
6.2.3 Plastic Coatings
6.2.4 Printing Inks
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Waterborne Coating Additives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Waterborne Coating Additives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Waterborne Coating Additives Analysis and Forecast
9.1 Introduction
9.2 North America Waterborne Coating Additives Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Waterborne Coating Additives Market Size Forecast by Type
9.6.1 Wetting & Dispersion Additives
9.6.2 Defoaming Agents
9.6.3 Rheology Modifiers
9.6.4 Flow Additives
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Waterborne Coating Additives Market Size Forecast by Applications
9.10.1 Wood Coatings
9.10.2 Furniture Coatings
9.10.3 Plastic Coatings
9.10.4 Printing Inks
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Waterborne Coating Additives Analysis and Forecast
10.1 Introduction
10.2 Europe Waterborne Coating Additives Market Size 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 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Waterborne Coating Additives Market Size Forecast by Type
10.6.1 Wetting & Dispersion Additives
10.6.2 Defoaming Agents
10.6.3 Rheology Modifiers
10.6.4 Flow Additives
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Waterborne Coating Additives Market Size Forecast by Applications
10.10.1 Wood Coatings
10.10.2 Furniture Coatings
10.10.3 Plastic Coatings
10.10.4 Printing Inks
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Waterborne Coating Additives Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Waterborne Coating Additives Market Size 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 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Waterborne Coating Additives Market Size Forecast by Type
11.6.1 Wetting & Dispersion Additives
11.6.2 Defoaming Agents
11.6.3 Rheology Modifiers
11.6.4 Flow Additives
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Waterborne Coating Additives Market Size Forecast by Applications
11.10.1 Wood Coatings
11.10.2 Furniture Coatings
11.10.3 Plastic Coatings
11.10.4 Printing Inks
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Waterborne Coating Additives Analysis and Forecast
12.1 Introduction
12.2 Latin America Waterborne Coating Additives Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Waterborne Coating Additives Market Size Forecast by Type
12.6.1 Wetting & Dispersion Additives
12.6.2 Defoaming Agents
12.6.3 Rheology Modifiers
12.6.4 Flow Additives
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Waterborne Coating Additives Market Size Forecast by Applications
12.10.1 Wood Coatings
12.10.2 Furniture Coatings
12.10.3 Plastic Coatings
12.10.4 Printing Inks
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Waterborne Coating Additives Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Waterborne Coating Additives Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Waterborne Coating Additives Market Size Forecast by Type
13.6.1 Wetting & Dispersion Additives
13.6.2 Defoaming Agents
13.6.3 Rheology Modifiers
13.6.4 Flow Additives
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Waterborne Coating Additives Market Size Forecast by Applications
13.10.1 Wood Coatings
13.10.2 Furniture Coatings
13.10.3 Plastic Coatings
13.10.4 Printing Inks
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Waterborne Coating Additives Market: Competitive Dashboard
14.2 Global Waterborne Coating Additives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AkzoNobel
14.3.2 Evonik
14.3.3 BASF
14.3.4 Solvay
14.3.5 BYK
14.3.6 Harmony Additive
14.3.7 Dow
14.3.8 Allnex
14.3.9 Arkema
14.3.10 Air Products
14.3.11 AkzoNobel
14.3.12 Falcon Technologies
14.3.13 Shah Patil
14.3.14 Troy
14.3.15 KaMin LLC
14.3.16 Lubrizol Advanced Materials
14.3.17 Taminco
14.3.18 King Industries
