Asia Pacific Paint Additives Market Size & Outlook
Asia Pacific paint additives market, 2018-2030 (US$M)
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Asia Pacific paint additives market highlights
- The Asia Pacific paint additives market generated a revenue of USD 688.9 million in 2022.
- The market is expected to grow at a CAGR of 3.8% from 2023 to 2030.
- In terms of segment, rheology modifiers was the largest revenue generating product in 2022.
- Rheology modifiers is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 688.9 million |
| Market revenue in 2030 | USD 925.0 million |
| Growth rate | 3.8% (CAGR from 2022 to 2030) |
| Largest segment | Rheology modifiers |
| Fastest growing segment | Rheology modifiers |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rheology modifiers, Biocides, Anti-foamers, Wetting & dispersion agents |
| Key market players worldwide | Arkema SA, Basf SE, Dow Inc, Evonik Industries AG, Ashland Inc, Cabot Corp, Daikin Industries Ltd, Eastman Chemical Co, The Lubrizol Corp, AkzoNobel [Dulux Brand], Angus Chemical, Buckman, Elementis PLC, Dynea AS |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 39.4% of the global paint additives market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 925.0 million by 2030.
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Paint Additives Market Scope
Paint Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific paint additives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to paint additives market will help companies and investors design strategic landscapes.
Rheology modifiers was the largest segment with a revenue share of 29.71% in 2022. Horizon Databook has segmented the Asia Pacific paint additives market based on rheology modifiers, biocides, anti-foamers, wetting & dispersion agents covering the revenue growth of each sub-segment from 2018 to 2030.
The growing population in Asia Pacific has been the key reason for rising architectural activities and increasing usage of automobiles in the region. The continuous increase in the population in Asia Pacific is driving infrastructure development activities across the region. As China and India are the two most populous countries in the world, they drive the growth of the construction industry in Asia Pacific.
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Target buyers of Asia Pacific paint additives market databook
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Our clientele includes a mix of paint additives market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific paint additives market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific paint additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific paint additives market size, by country, 2018-2030 (US$M)
Asia Pacific Paint Additives Market Outlook Share, 2022 & 2030 (US$M)
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