The global solvent based paint additives market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for paints and coatings in various industries such as automotive, architectural, industrial and wood & furniture. Solvent based paint additives are used in paints and coatings to improve their performance characteristics such as rheology modification, biocides, antifoaming agents and wetting & dispersion agents. These additives are also used for improving the durability of paints & coatings against weathering conditions such as UV rays or moisture exposure. Solvent based paint additives are classified into three types: rheology modification; biocides; antifoaming agents; wetting & dispersion agents; which can be further classified into applications: architectural; industrial; wood & furniture; automotive respectively. North America dominates the global solvent based paint additive market with a share of over 40%. Europe follows North America with a share of over 30%. Asia Pacific is expected to grow at a CAGR of 5% during the forecast period owing to its large population base coupled with an increase in demand for automobiles across countries like India and China which will lead to an increase in demand for automotive paints and coatings containing solvents-based paint additives. 2) Increasing demand for water-based paints is also driving the growth of the global solvent based paint additives market due to their eco-friendly nature that does not emit volatile organic compounds (VOCs). 4) The increasing use of nanotechnology in coatings has led to an increase in demand for solvents used in these coatings which has resulted in an increase in demand for solvents based paint additives.
Some Of The Growth Factors Of This Market:
- Solvent-based paints are used in various industries such as automotive, construction, marine & offshore engineering, aerospace & defense and others due to their high durability properties against harsh environmental conditions such as extreme temperatures or UV radiation exposure.
Industry Growth Insights published a new data on “Solvent Based Paint Additives Market”. The research report is titled “Solvent Based Paint Additives Market research by Types (Rheology Modification, Biocides, Anti-Foaming, Wetting & Dispersion, Other), By Applications (Architectural, Industrial, Wood and Furniture, Automotive, Other), By Players/Companies Evonik Industries, BYK, Elementis PLC, DOW, Clariant, BASF, Air Products & Chemicals, Lubrizol Corporation, Arkema Group”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solvent Based Paint Additives Market Research Report
By Type
Rheology Modification, Biocides, Anti-Foaming, Wetting & Dispersion, Other
By Application
Architectural, Industrial, Wood and Furniture, Automotive, Other
By Companies
Evonik Industries, BYK, Elementis PLC, DOW, Clariant, BASF, Air Products & Chemicals, Lubrizol Corporation, Arkema Group
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Solvent Based Paint Additives Market Report Segments:
The global Solvent Based Paint Additives market is segmented on the basis of:
Types
Rheology Modification, Biocides, Anti-Foaming, Wetting & Dispersion, 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
Architectural, Industrial, Wood and Furniture, Automotive, 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:
- Evonik Industries
- BYK
- Elementis PLC
- DOW
- Clariant
- BASF
- Air Products & Chemicals
- Lubrizol Corporation
- Arkema Group
Highlights of The Solvent Based Paint 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:
- Rheology Modification
- Biocides
- Anti-Foaming
- Wetting & Dispersion
- Other
- By Application:
- Architectural
- Industrial
- Wood and Furniture
- Automotive
- 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 Solvent Based Paint 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?
Solvent-based paint additives are a type of chemical that is used to improve the performance and appearance of paints. These additives are typically made from petroleum or other types of solvents, and they help to reduce the amount of time needed for a paint job to dry, as well as increase its glossiness and durability.
Some of the major players in the solvent based paint additives market are Evonik Industries, BYK, Elementis PLC, DOW, Clariant, BASF, Air Products & Chemicals, Lubrizol Corporation, Arkema Group.
The solvent based paint additives market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solvent Based Paint Additives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Solvent Based Paint Additives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solvent Based Paint Additives Market - Supply Chain
4.5. Global Solvent Based Paint Additives Market Forecast
4.5.1. Solvent Based Paint Additives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solvent Based Paint Additives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solvent Based Paint Additives Market Absolute $ Opportunity
5. Global Solvent Based Paint Additives Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Solvent Based Paint Additives Market Size and Volume Forecast by Type
5.3.1. Rheology Modification
5.3.2. Biocides
5.3.3. Anti-Foaming
5.3.4. Wetting & Dispersion
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solvent Based Paint Additives Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Solvent Based Paint Additives Market Size and Volume Forecast by Application
6.3.1. Architectural
6.3.2. Industrial
6.3.3. Wood and Furniture
6.3.4. Automotive
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solvent Based Paint Additives Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Solvent Based Paint Additives Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Solvent Based Paint Additives Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Solvent Based Paint Additives Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Solvent Based Paint Additives Demand Share Forecast, 2019-2026
9. North America Solvent Based Paint Additives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Solvent Based Paint Additives Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Solvent Based Paint Additives Market Size and Volume Forecast by Application
9.4.1. Architectural
9.4.2. Industrial
9.4.3. Wood and Furniture
9.4.4. Automotive
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solvent Based Paint Additives Market Size and Volume Forecast by Type
9.7.1. Rheology Modification
9.7.2. Biocides
9.7.3. Anti-Foaming
9.7.4. Wetting & Dispersion
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Solvent Based Paint Additives Demand Share Forecast, 2019-2026
10. Latin America Solvent Based Paint Additives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Solvent Based Paint Additives Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Solvent Based Paint Additives Market Size and Volume Forecast by Application
10.4.1. Architectural
10.4.2. Industrial
10.4.3. Wood and Furniture
10.4.4. Automotive
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solvent Based Paint Additives Market Size and Volume Forecast by Type
10.7.1. Rheology Modification
10.7.2. Biocides
10.7.3. Anti-Foaming
10.7.4. Wetting & Dispersion
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Solvent Based Paint Additives Demand Share Forecast, 2019-2026
11. Europe Solvent Based Paint Additives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Solvent Based Paint Additives Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Solvent Based Paint Additives Market Size and Volume Forecast by Application
11.4.1. Architectural
11.4.2. Industrial
11.4.3. Wood and Furniture
11.4.4. Automotive
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solvent Based Paint Additives Market Size and Volume Forecast by Type
11.7.1. Rheology Modification
11.7.2. Biocides
11.7.3. Anti-Foaming
11.7.4. Wetting & Dispersion
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Solvent Based Paint Additives Demand Share, 2019-2026
12. Asia Pacific Solvent Based Paint Additives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Solvent Based Paint Additives Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Solvent Based Paint Additives Market Size and Volume Forecast by Application
12.4.1. Architectural
12.4.2. Industrial
12.4.3. Wood and Furniture
12.4.4. Automotive
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solvent Based Paint Additives Market Size and Volume Forecast by Type
12.7.1. Rheology Modification
12.7.2. Biocides
12.7.3. Anti-Foaming
12.7.4. Wetting & Dispersion
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Solvent Based Paint Additives Demand Share, 2019-2026
13. Middle East & Africa Solvent Based Paint Additives Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Solvent Based Paint Additives Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Solvent Based Paint Additives Market Size and Volume Forecast by Application
13.4.1. Architectural
13.4.2. Industrial
13.4.3. Wood and Furniture
13.4.4. Automotive
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solvent Based Paint Additives Market Size and Volume Forecast by Type
13.7.1. Rheology Modification
13.7.2. Biocides
13.7.3. Anti-Foaming
13.7.4. Wetting & Dispersion
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Solvent Based Paint Additives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solvent Based Paint Additives Market: Market Share Analysis
14.2. Solvent Based Paint Additives Distributors and Customers
14.3. Solvent Based Paint Additives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Evonik Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BYK
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Elementis PLC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DOW
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Clariant
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BASF
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Air Products & Chemicals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lubrizol Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Arkema Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook