Coating Additives Market Size, Share, Industry, Forecast and outlook (2024-2031)

The global coating additives market refers to the production and sale of chemical mixtures that are utilized to improve the performance, longevity and look of coatings. The additives are employed in the painting, varnishing and inking of products in diverse sectors such as construction, automotive, aerospace and industrial uses. The market includes various applications of additives including rheology modifiers, wetting agents, dispersing agents and defoamers.

Continuous innovations and expansions drive the dynamic global coating additives market to meet increasing demands in various industries. In March 2023, BASF revealed intentions to increase its polymer dispersions production capacity with a second production line at its facility in Guangdong, China's Daya Bay Petrochemical Industrial Park. The market's potential and the ongoing focus on meeting global requirements for high-performance coatings are demonstrated by major players like BASF through strategic expansions.