The North America coating additives market is projected to grow at a CAGR of XX.XX% over the forecast period to reach a total market size of US$XX.XX billion by 2027, increasing from US$XX.XX billion in 2020. Booming construction industry in this region is a major driver for this market. Continuous investments in office buildings, highways and street projects are increasing the demand for paints and coatings, thus increasing the demand for coating additives. Residential sector in this region is also contributing to the market growth on account of increasing demand for coatings for new residential spaces and for refurbishing of existing ones. Various government projects, like New Building Canada Plan (NBCP), Affordable Housing Initiative (AHI), and Made in Canada are also increasing the demand for paints and coatings, thus augmenting the market growth for coatings additives in this region. Heavy investments into research and development by major market players are increasing the overall quality of the additives while minimising their impacts on the environment. This is expected to drive the market growth in this region over the projected period.
The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical segments. Moreover, the research study analyzes the overall regulatory framework of the North America Coating Additives market, offering stakeholders a better understanding of the key factors affecting the overall market environment.
The first step towards determining the coating additives market size involves identifying key players and the revenue contribution of the overall business or relevant segment aligned to the study in consideration through extensive secondary research. This also includes various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others. Both bottom-up and top down approaches are utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the coating additives industry value chain, who are C-Level Executives, Directors, and Managers among others across key enterprises operating as manufacturers, suppliers, and distributors. The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the gathered data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Segments covered under the coating additives market report are as below:
By Type
Solvent-based Paint Additives
Water-based Paint Additives
Powder Coating Additives
By Function
Drying Control
Anti - Floating & Wetting Control
Foam Control
Microbial Control
Others
By Application
Automotive
Architectural Application
Industrial Application
Wood & Furniture
Others
By Geography
US
Canada
Mexico
Others
Key industry players profiled as part of this section are AkzoNobel N.V., Arkema SA, Ashland Inc., ALTANA, The DOW Chemical Company, Elementis PLC, Evonik Industries AG, Momentive Performance Materials Inc., and Eastman Chemical Company with few others.
The report’s target audience is as below:
Manufacturers
Suppliers
Distributors
Service Providers
Government Agencies
Research Organizations
Consultants