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Paint Additives Market Research Report Information: By Product Type (Rheology Modifiers, Biocides), by Application (Architectural, Industrial, Automotive, Industrial, Wood & Furniture) and Region - Forecast till 2032


ID: MRFR/CnM/4705-HCR | 100 Pages | Author: Anshula Mandaokar| August 2025

Paint Additives Market Summary

As per Market Research Future Analysis, the Paint Additives Market was valued at USD 9.30 Billion in 2023 and is projected to grow to USD 13.61 Billion by 2032, with a CAGR of 3.8% from 2024 to 2032. The market is driven by increased demand from industrial and architectural segments, as well as the expansion of the global paint and coatings industry. Key applications include architectural, industrial, and automotive coatings. The Asia-Pacific region leads the market due to rising construction and automotive industries, while North America shows significant growth due to high consumption in building and construction. The market is also influenced by a growing preference for green paint and decorative coatings.

Key Market Trends & Highlights

The Paint Additives Market is witnessing several key trends and developments.

  • Market Size in 2023: USD 9.30 Billion
  • Projected Market Size by 2032: USD 13.61 Billion
  • CAGR from 2024 to 2032: 3.8%
  • Largest Regional Market: Asia-Pacific due to construction growth

Market Size & Forecast

2023 Market Size: USD 9.30 Billion
2024 Market Size: USD 9.71 Billion
2032 Market Size: USD 13.61 Billion
CAGR (2024-2032): 3.8%

Major Players

Key players include Akzo Nobel NV, Arkema SA, BASF SE, Dow Chemical, and Clariant.

Paint Additives Market Overview

The increased demand from the industrial and architectural segments is driving the Paint Additive Market. Furthermore, the global paint and coatings industry's expansion has a direct impact on paint additive demand. Paints and coatings are widely employed in a variety of industries, including oil and gas and automobiles. Furthermore, the market's growing preference for green paint is a significant potential that is likely to create significant income during the forecast period. Rheological modifiers, defoamers, dispersants, and wetting agents are some of the most commonly used additives in architectural coatings in the Paint Additives Market. In general, Paint Additives aid in improving surface qualities, stabilizing pigment, improving wetting, dispersion, defoaming properties, and so on. In the coming years, the growing need for decorative coatings in homes to improve aesthetics is expected to drive up demand for paint additives. In Asia-Pacific, rising commercial and residential construction is boosting demand for paint additives to improve building protection.

Paint Additive Market Share, by Application (%):

 Paint Additives market share

Regional Analysis

Asia Pacific was the largest Paint Additive Market in 2017 due to increasing construction and automobile industries in the region. Moreover, expanding GDP in the region has added extra purchasing power to the population in the region, which, in turn, is fueling the demand for paint additives in the architectural segment. Furthermore, the growing population in the region has augmented the government spending on construction activities, which is also positively contributing to the revenue of the market.

North America is the prominent region in the Paint Additive Market as a result of increasing consumption of paint additives in the building and construction and automobile industries. Additionally, the presence of major paint & coating manufacturers in the region and increased government spending on renovation and construction of commercial and residential buildings, especially in Canada is boosting the growth of the regional market.

Europe is likely to witness a significant growth during the review period as result of reviving industrial sector in this region. Additionally, the presence of major automobile manufacturing industries in the region is adding fuel to the demand for paint additives. However, the presence of stringent government regulations in the region may slow the market growth to some extent during the coming years.

The Middle East and Africa are likely to witness a moderate growth during the assessment period on account of growing automotive and construction industries. The growing construction activities in the region owing to the FIFA World CupTM 2022 are likely to drive the demand for paint additives.

Segmentation

The Paint Additive Market is segmented into Type, Application, and Region. On the basis of the Product Type, the Paint Additive Market is segregated into rheology modifiers, biocides, anti-foamers, wetting and dispersion agents, and others. On the basis of Application, the Paint Additive Market is further segregated into architectural, industrial, wood and furniture, automotive and others. Based on the Region, the Paint Additive Market is segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Paint Additives Market Key Players

Some of the prominent players operating in the Paint Additive Market are Akzo Nobel NV, Arkema SA, Ashland Global Holdings, Inc., BASF SE, BYK-Chemie GmbH, Asahi Glass Co., Ltd., Dow Chemical, Evonik Industries AG, Arch Chemicals, Lonza Group AG, and Daikin Industries, Ltd.

Paint Additives Market Industry Developments

  • Q2 2024: BASF inaugurates new additives plant in China to meet growing demand in coatings sector BASF opened a new production facility for paint additives in Zhanjiang, China, aiming to strengthen its supply capabilities for the Asia-Pacific coatings market.
  • Q2 2024: Dow launches new sustainable paint additive for architectural coatings Dow introduced a new bio-based paint additive designed to improve performance and sustainability in architectural coatings, targeting eco-conscious manufacturers.
  • Q1 2024: AkzoNobel expands partnership with BYK for advanced paint additives AkzoNobel announced an expanded collaboration with BYK to integrate advanced additives into its decorative paints, enhancing product durability and application.
  • Q1 2024: PPG opens new research center for coatings and additives in the US PPG Industries inaugurated a new research and development center in Pittsburgh focused on innovation in paint additives and coatings technologies.
  • Q3 2024: Evonik launches new defoamer additive for waterborne paints Evonik introduced a next-generation defoamer additive aimed at improving the application and finish of waterborne paints, targeting both industrial and decorative markets.
  • Q2 2024: Clariant unveils new multifunctional additive for low-VOC paints Clariant launched a new additive designed to enhance performance and sustainability in low-VOC paint formulations, supporting regulatory compliance.
  • Q1 2025: Arkema completes acquisition of Polimeros Especiales, expanding additives portfolio Arkema finalized its acquisition of Polimeros Especiales, strengthening its position in the Latin American market for specialty paint additives.
  • Q2 2025: Sherwin-Williams announces $150 million investment in new additives manufacturing facility Sherwin-Williams revealed plans to build a new manufacturing plant in Texas dedicated to producing advanced paint additives, aiming to boost domestic supply.
  • Q2 2024: Huntsman launches new dispersing agent for high-performance coatings Huntsman introduced a dispersing agent designed to improve pigment dispersion and stability in high-performance paint and coating applications.
  • Q3 2024: RPM International appoints new head of specialty additives division RPM International named a new executive to lead its specialty additives division, signaling a strategic focus on innovation and growth in the paint additives sector.
  • Q1 2024: Axalta debuts next-generation rheology modifier for automotive paints Axalta launched a new rheology modifier additive aimed at improving flow and leveling in automotive paint applications, enhancing finish quality.
  • Q2 2025: Kansai Paint secures major contract to supply additives for infrastructure projects in India Kansai Paint announced it has won a significant contract to supply specialized paint additives for large-scale infrastructure developments across India.

Intended Audience

    • Paint additives manufacturers
    • Traders and distributors of paint additives
    • Research and development institutes
    • Potential investors
    • Raw material suppliers
    • Nationalized laborator
Report Attribute/Metric Details
Market Size 2023 USD 9.30 Billion
Market Size 2024 USD 9.71 Billion
Market Size 2032 USD 13.61 Billion
Compound Annual Growth Rate (CAGR) 3.8% (2024 - 2032)
Base Year 2023
Market Forecast Period 2024 - 2032
Historical Data 2018
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Product Type, Application
Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Countries Covered The US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Akzo Nobel NV, Arkema SA, Ashland Global Holdings, Inc., BASF SE, BYK-Chemie GmbH, Asahi Glass Co., Ltd., Dow Chemical, Evonik Industries AG, Arch Chemicals, Lonza Group AG, and Daikin Industries, Ltd
Key Market Opportunities New product launches and R&D Amongst major key Players
Key Market Dynamics growing demand from the industrial and architectural segments


Frequently Asked Questions (FAQ):

The global paint additives market can expand at a CAGR exceeding 3.8% from 2024-2032

The expanding paints & coatings industry is the major driver of the global paint additives market.

Regulations banning the use of VOCs can impede the global paint additives market.

The APAC region can dominate the global paint additives market due to the thriving construction and automobile sectors.

Ashland Global Holdings, Inc., Arkema SA, Arch Chemicals, Lonza Group AG, Evonik Industries AG, Daikin Industries, Ltd., Asahi Glass Co., Ltd., BYK-Chemie GmbH, BASF SE, Dow Chemical, and Akzo Nobel NV are major players of the global paint additives market.

Comments

Paint Additives Market

Paint Additives Market Is Projected To Be Worth USD 12,659.8 Million By 2030, Registering A CAGR Of 6.75% During The Forecast Period (2021-2030).

Segmentation
By Product Type Rheology Modifiers Biocides
By Application Architectural Industrial Automotive Industrial Wood & Furniture
Key Players
Companies Profiled   Akzo Nobel NV   Arkema SA   Ashland Global Holdings Inc.   BASF SE   BYK-Chemie GmbH   Asahi Glass Co. Ltd.   Dow Chemical   Evonik Industries AG   Arch Chemicals   Lonza Group AG   Daikin Industries Ltd.
Drivers
Market Driving Forces   Growing demand from the industrial and architectural segments

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