Coating Additives Market Report 2026

The coating additives market size has grown strongly in recent years. It will grow from $10.88 billion in 2025 to $11.9 billion in 2026 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to growth of construction and infrastructure activities, expansion of automotive production, increasing use of protective coatings, availability of advanced polymer additives, rising demand for durable finishes.

The coating additives market size is expected to see strong growth in the next few years. It will grow to $16.65 billion in 2030 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to increasing regulations on coating emissions, expansion of electric vehicle production, rising adoption of high-performance coatings, growing demand for sustainable additive solutions, increasing investments in specialty chemical innovation. Major trends in the forecast period include increasing demand for low-voc additives, rising use of multifunctional coating additives, growing adoption of uv-resistant formulations, expansion of automotive and industrial coatings, enhanced focus on surface performance optimization.

The strong growth in buildings and the construction sector is expected to propel the growth of the coating additives market going forward. Buildings and construction activities require advanced coating solutions that enhance durability, improve surface performance, and protect structures from environmental damage. The demand for high-quality coatings is increasing as more people prefer modern infrastructure that offers long-lasting finishes, better aesthetics, and improved safety. Coating additives support these needs by improving adhesion, enhancing weather resistance, and boosting application efficiency. For instance, in July 2023, according to the Australian Bureau of Statistics, an Australian-based government administration, in the March quarter of 2023, the number of dwellings under construction increased to 240,813 from 240,065 in 2022. Among these, new houses totaled 103,778 in 2023, up from 101,240 in the previous year. Therefore, strong growth in the building and construction sector is driving the coating additives market.

Major companies operating in the coating additives market are focusing on technological advancements such as energy-curable coatings for metal coil applications to ensure enhanced performance and sustainability. Energy-curable coatings are materials that harden upon exposure to energy sources such as ultraviolet (UV) light or electron beams, providing fast drying times and durable finishes. For instance, in July 2024, PPG Industries, a US-based paint and coatings manufacturer, launched the PPG DURANEXT portfolio. This range includes backers, primers, basecoats, and clearcoats, offering a comprehensive system for metal coil coaters to enhance production efficiency and reduce environmental impact. Unlike conventional coil coating systems that require high curing temperatures, PPG DuraNEXT coatings utilize advanced technologies like electron beam or UV energy for curing.

In June 2025, JSW Paints Private Limited, an India-based manufacturing company, acquired AkzoNobel India for approximately $1.64 billion. With this acquisition, JSW Paints aims to expand its presence in both decorative and industrial paint markets by leveraging AkzoNobel India’s established brands and distribution network. Akzo Nobel India Limited is a Netherlands-based manufacturer specializing in decorative and industrial paints and coatings, offering a broad portfolio that includes premium decorative paints, as well as industrial, marine, protective, and specialty coatings.

Major companies operating in the coating additives market are Akzo Nobel NV, Allnex Netherlands BV, ANGUS Chemical Company, Arkema SA, Ashland Global Holdings Inc., BYK Additives & Instruments, Cabot Corporation, Clariant AG, Dow Chemical Co., Eastman Chemical Company, Elementis PLC, Evonik Industries AG, Ineos Group AG, Kamin LLC, Keim additec surface GMBH, Kyoeisha chemical co. ltd., Michelman Inc., Momentive Performance Materials Inc., Rhodia SA, Shamrock Technologies, Solvay SA, BASF SE, ADEKA Corporation, Croda International plc, DIC Corporation, Emerald Performance Materials, King Industries Inc., Lubrizol Corporation, Munzing Chemie, AkzoNobel Specialty Chemicals, SI Group Inc., Specialty Polymers Inc., Synthomer plc.

Asia-Pacific was the largest region in the coating additives market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the coating additives market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the coating additives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The coating additives market consists of sales of coating additive formulations such as solvent-borne coatings and water-borne coatings. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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