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Waterborne Coating Additives Market Share

Report ID: GMI8560
Published Date: Mar 2024
Report Format: PDF

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Waterborne Coating Additives Market Share

Akzo Nobel NV, ALLNEX NETHERLANDS B.V., BASF SE, BELAMI FINE CHEMICALS PVT. LTD., and ALTANA collectively hold a significant portion of the major market share in the waterborne coating additives industry. Akzo Nobel NV, a prominent player in the industry, offers a wide range of coating additives tailored to meet various application needs, leveraging its extensive global presence and robust research and development capabilities. Similarly, ALLNEX NETHERLANDS B.V. specializes in providing innovative additives and solutions, catering to diverse customer requirements with a focus on sustainability and performance.

BASF SE, one of the largest chemical companies globally, commands a significant share in the market, offering a comprehensive portfolio of waterborne coating additives known for their high quality and reliability. BELAMI FINE CHEMICALS PVT. LTD. and ALTANA also play pivotal roles, with BELAMI focusing on delivering customized additive solutions to meet specific customer demands, while ALTANA specializes in providing specialty additives renowned for their superior performance and technical expertise. Collectively, these companies' strong market presence, product innovation, and commitment to customer satisfaction contribute significantly to their major market share in the waterborne coating additives industry.

Waterborne Coating Additives Market Companies

Major players operating in the market include:

Akzo Nobel NV
ALLNEX NETHERLANDS B.V.
BASF SE
BELAMI FINE CHEMICALS PVT. LTD.
ALTANA
Evonik Industries AG
Dow
Harmony Additive Pvt. Ltd.
Troy Corporation
KaMin LLC. / CADAM
The Lubrizol Corporation
Kusumoto Chemicals, Ltd.
Laviosa Chimica Mineraria SpA
Radiant Chemicals

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market size for waterborne coating additives was valued at around USD 4.6 billion in 2023 and is anticipated to register a CAGR of over 6.1% between 2024 and 2032, driven by the growing emphasis on sustainable practices and eco-friendly products in industries such as construction, automotive, and packaging.

Wetting agent segment accounted for USD 0.7 Billion in 2023 and is set to gain traction through 2032, owing to the essential role of these agents in improving coating properties and application efficiency.

North America market generated a revenue of USD 1.5 Billion in 2023 and is set to gain traction through 2032, attributed to stringent environmental regulations in the region which has propelled the shift towards eco-friendly coating solutions.

Akzo Nobel NV, ALLNEX NETHERLANDS B.V., BASF SE, BELAMI FINE CHEMICALS PVT. LTD., ALTANA, Evonik Industries AG, Dow, Harmony Additive Pvt. Ltd., Troy Corporation, KaMin LLC. / CADAM, The Lubrizol Corporation, Kusumoto Chemicals, Ltd., Laviosa Chimica Mineraria SpA, Radiant Chemicals are some of the major industry contenders.