The study involved four major activities in estimating the market size for coating additives market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.
Secondary Research
Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites such as Factiva, ICIS, Bloomberg, and others. The findings of this study were verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and other executives. The breakdown of profiles of the primary interviewees is illustrated in the figure below:
Primary Research
The coating additives market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by defoamers, wetting & dispersing agents, rheology modifiers, and other types. The supply side is characterized by advancements in technology and diverse application industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.
The following is a breakdown of the primary respondents:
Note: Tier 1, Tier 2, and Tier 3 companies are classified based on their market revenue in 2023, available in the public domain, product portfolios, and geographical presence.
Other designations include consultants and sales, marketing, and procurement managers.
|
COMPANY NAME |
DESIGNATION |
|
BASF SE |
Senior Manager |
|
Nouryon |
Innovation Manager |
|
Arkema |
Vice-President |
|
ALTANA AG |
Production Supervisor |
|
Evonik Industries |
Sales Manager |
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the coating additives market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
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The key players in the industry have been identified through extensive secondary research.
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The supply chain of the industry has been determined through primary and secondary research.
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All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
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All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
Data Triangulation
After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the coating additives industry.
Market Definition
The coating additives market can be defined as the segment of the industry that deals with manufacturing and supply of coating additives. It includes products that increases properties and performance of coatings, such as paints and inks. The market consists of various types of coating additives products including defoamers, wetting & dispersing agents, rheology modifiers and others, for formulations like water-borne, solvent-borne and others.
Stakeholders
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Coating additives manufacturers
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Coating additives suppliers
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Raw material suppliers
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Service providers
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End-use companies
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Government bodies
Report Objectives
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To define, describe, and forecast the coating additives market in terms of value and volume
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To provide detailed information regarding the drivers, opportunities, restraints, and challenges influencing market growth
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To estimate and forecast the market size by type, formulation, application, and region
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To forecast the size of the market for five main regions: Asia Pacific, Europe, North America, South America, and the Middle East & Africa, along with their key countries
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To strategically analyze micromarkets1 with respect to their growth trends, prospects, and contribution to the overall market
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To analyze opportunities in the market for stakeholders and provide a competitive landscape for market leaders
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To analyze competitive developments, such as deals and expansions, in the market
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To analyze the impact of the recession on the market
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To analyze the impact of COVID-19 on the market and application
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To strategically profile key players and comprehensively analyze their growth strategies
HIGHEST CAGR MARKET IN 2024-2029
INDIA FASTEST GROWING MARKET IN THE REGION
User
Oct, 2019
Hi, is there an updated version of this report?.
Gwenola
Sep, 2016
Need procurement and market intelligence on Coating Additives with data in volume terms in various applications..
ali
Apr, 2015
We need Silicone- Defoamers equivalent to BASF companys product .
jyothi
Dec, 2014
Global marketing potential of Fluorescent pigments, inks and dyes..
David
Apr, 2019
top additives suppliers for architecture and industrial coating and their market share globally by formulation..
Elisabeth
May, 2014
interested in the market size (and ideally forecast) of glass, glass powder, glass-fibre-reinforced polymers as an additive/ filler material in various applications, amongst others: coatings..
John
Sep, 2015
Found our data interesting (can pitch Pipe Coatings Market report).
K
Aug, 2019
Wante to know the process of or the formulation of MMA based road marking paint & anti carbonation coating.