Americas Coating Additives Market Size Worth $5.41 billion By 2032 | CAGR: 5.2%

Americas Coating Additives Market Size Worth $5.41 billion By 2032 | CAGR: 5.2%

The americas coating additives market size is expected to reach USD 5.41 billion by 2032, according to a new study by Polaris Market Research. The report “Americas Coating Additives Market Share, Size, Trends, Industry Analysis Report, By Formulation (Water Based, Solvent Based, Powder Based, and Other Formulation); By Additive Type; By End-Use Industry; By Country; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Demand for coating additives is anticipated to increase due to several application areas, including automotive, construction, furniture, and other industrial uses. Multifunctional additives are becoming increasingly important, which is anticipated to support market expansion further. The market is expanding due to the automobile industry's increased use of multifunctional additives. Additionally, the market is increasing due to rising R&D efforts and demand for ecologically friendly paints.

Implementing strict restrictions and fluctuating raw material prices are anticipated to hamper industry expansion. A vital market growth indicator is the rising building sector. Rapid population growth will thus permit an increase in the building of wetting and dispersing Additives and commercial structures. The market for coating additives will experience significant expansion due to these factors.

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Rising health consciousness and rigid regulations regarding VOC content in the area have led the formulators to either utilize additives that help minimize the amount of volatile organic compounds or switch to waterborne formulations.

Americas Coating Additives Market Report Highlights

  • Water based formulation dominated the revenue share due to a considerable replacement of solvent-borne equivalents in numerous applications, including furniture & interiors and general industrial production, the category is expected to see above-average growth rates throughout the projection period.
  • Rheology modifiers is captured the largest market share. These modifying substances reduce spattering while applying coatings with a brush and improve the coatings' resistance to sagging. Additionally, it tends to lessen completed product sedimentation, enhancing its durability and uniformity over an extended period.
  • Due to the region's expanding construction and automotive industries, the U.S. dominates the market for paint additives in the Americas. The main drivers of the expansion of US’s construction and automotive sectors are rising per capita income, changing lifestyles, and growing populations.
  • The key market players include BASF, Dynea AS, Dow Chemicals, AkzoNobel NV, Evonik Industries, The Lubrizol Corporation, Elementis PLC, The Eastman Chemical Company, Ashland, and BYK-Chemie GmbH.

Polaris Market Research has segmented the Americas Coating Additives market report based on formulation, additive type, end-use industry, and country:

Americas Coating Additives, Formulation Outlook (Revenue - USD Billion, 2019 - 2032)

  • Water Based
  • Solvent Based
  • Powder Based
  • Other Formulation

Americas Coating Additives, Additive Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Wetting and Dispersing Additives
    • Polymeric Agents
    • Conventional Agents
    • Other Agents         
  • Defoamers
    • Non-Siloxane Polymeric
    • Siloxane
    • Mineral Oil
    • Vegetable Oil
    • Others
  • Rheology Modifiers
    • For Waterborne Paints
      • Cellulose
      • Acrylates
      • Associative Thickeners
      • Clays
      • Others
    • For Solvent Based Paints
      • Organoclays
      • Hydrogenated Castor Oil (HCO)
      • Polyamides
      • Fumed Silicates
      • Others
  • Biocides
  • Anti-Foaming
  • Surfactants
  • Other Additive Types

Americas Coating Additives, End-Use Industry Outlook (Revenue - USD Billion, 2019 - 2032)

  • Transportation
  • Industrial
  • Building and Construction

Americas Coating Additives, Country Outlook (Revenue - USD Billion, 2019 - 2032)

  • U.S.
  • Canada
  • Mexico

Americas Coating Additives Market Report Scope

Report Attributes


Market size value in 2023

USD 3.43 billion

Revenue forecast in 2032

USD 5.41 billion


5.2% from 2023 – 2032

Base year


Historical data

2019 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2023 to 2032

Segments Covered

By Formulation, By Additive Type, By End-Use Industry, By Country

Country scope

U.S, Canada, Mexico

Key Companies

BASF, Dynea AS, Dow Chemicals, AkzoNobel NV, Evonik Industries, The Lubrizol Corporation, Elementis PLC, The Eastman Chemical Company, Ashland, and BYK-Chemie GmbH.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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