North America Paint Additives Market Size & Outlook
North America paint additives market, 2018-2030 (US$M)
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North America paint additives market highlights
- The North America paint additives market generated a revenue of USD 329.3 million in 2022.
- The market is expected to grow at a CAGR of 3.1% 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, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 329.3 million |
| Market revenue in 2030 | USD 421.6 million |
| Growth rate | 3.1% (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, North America region accounted for 18.8% 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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North America 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 29.79% in 2022. Horizon Databook has segmented the North America 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.
North America presents lucrative growth opportunities for paint additives market owing to a rapid increase in architectural and construction activities across the region. In addition, surging demand for furniture owing to rapid increase in number of restaurants, hotels, and guest houses is an added factor in the growth of paint additives market in North America.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America paint additives market , including forecasts for subscribers. This continent databook contains high-level insights into North America paint additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America paint additives market size, by country, 2018-2030 (US$M)
North America Paint Additives Market Outlook Share, 2022 & 2030 (US$M)
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