Market revenue in 2022 | USD 427.2 million |
Market revenue in 2030 | USD 553.6 million |
Growth rate | 3.3% (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 |
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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 28.89% in 2022. Horizon Databook has segmented the Europe 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.
Europe is a global manufacturing hub for automobiles owing to the presence of leading automotive companies such as Volkswagen AG, Daimer-Chrysler, and Mercedes-Benz in countries such as Germany, Hungary, Austria, and Romania of the region.
The automotive industry extensively utilizes paints and coatings in various applications. The flourishing automotive industry in Europe is anticipated to fuel the demand for paint additives in the region in the coming years.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe paint additives market , including forecasts for subscribers. This continent databook contains high-level insights into Europe paint additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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