South America Coating Additives Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Coating Additives Market Analysis
The South America paints and coatings additives market is estimated to witness a significant growth, at an estimated CAGR of over 4%, over the forecast period. Increasing demand for environment-friendly products are expected to drive the market during the forecast period.
- Environmental impacts and regulations, and presence of low-quality substitute are likely to hinder the market's growth.
- Development of environment-friendly and advanced additives is expected to create opportunities for the market growth in the future.
- Brazil is expected to dominate the market and is also expected to witness the fastest CAGR during the forecast period.
South America Coating Additives Market Trends
This section covers the major market trends shaping the South America Coating Additives Market according to our research experts:
Architectural Segment to Dominate the Market
- The architectural segment includes additives used in coatings for commercial purposes, such as office buildings, warehouses, retail convenience stores, shopping malls, and residential buildings.
- Some of the majorly used additives for architectural coatings include rheological modifiers, defoamers, dispersants, and wetting agents.
- In general, the additives used for architectural coatings help in enhancing surface properties, stabilizing pigment, enhancing wetting and dispersing properties and defoaming properties, etc.
- The increasing demand for decorative coatings in houses, for greater aesthetics, is estimated to boost the demand for paint and coating additives in architectural coatings at a significant rate in the next few years.
- Thus, the demand for paints and coatings is increasing, in turn having a direct impact on the additives market.
Brazil to Dominate the Market
- There are several built-up demands for investments in productive capacity. Brazil is facing problems in the construction industry, owing to various situations, such as political and economic corruption in the country.
- Due to corruption and bribery, in construction companies, the Brazilian government introduced the “car wash investigation”. The investigation mostly focused on various construction companies for corruption charges.
- The government of Brazil initiated programmes because of the decrease in the public financing for infrastructure projects. One such program is the Programme of Investment Partnerships (PPI). It helped expand and strengthen the relationship between the private sector and the state, with partnership contracts.
- Minha Casa, Minha Vida’ (My House, My Life) was launched in 2009. This program is funded mainly through the Growth Acceleration Program (PAC), a federal infrastructure-upgrading program.
- Owing to all these factors, the demand for paints & coatings in the region increases. This, in turn, is expected to increase the demand for coating additives during the forecast period.
South America Coating Additives Industry Overview
The South America paints and coatings additives market is partially consolidated. Key players in the market include Altana, Ashland, Dow, ELEMENTIS PLC, and Solvay, among others.
South America Coating Additives Market Leaders
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Altana
-
Dow
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ELEMENTIS PLC
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Solvay
*Disclaimer: Major Players sorted in no particular order
South America Coating Additives Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Increasing Demand for Environment-Friendly Products
- 4.1.2 Strong Growth in Emerging Markets because of Booming Construction Activity
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4.2 Restraints
- 4.2.1 Environmental Impacts and Regulations
- 4.2.2 Presence of Low Quality Substitute
- 4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
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5.1 Type
- 5.1.1 Biocides
- 5.1.2 Dispersants and Wetting Agents
- 5.1.3 Defoamers and Deaerators
- 5.1.4 Rheology Modifiers
- 5.1.5 Surface Modifiers
- 5.1.6 Stabilizers
- 5.1.7 Flow and Leveling Additives
- 5.1.8 Other Types
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5.2 Application
- 5.2.1 Architectural
- 5.2.2 Wood
- 5.2.3 Transportation
- 5.2.4 Protective
- 5.2.5 Other Applications
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5.3 Geography
- 5.3.1 Brazil
- 5.3.2 Argentina
- 5.3.3 Colombia
- 5.3.4 Chile
- 5.3.5 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share Analysis**
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 ALLNEX NETHERLANDS B.V.
- 6.4.2 Altana
- 6.4.3 AGC Inc.
- 6.4.4 Akzo Nobel N.V.
- 6.4.5 Arkema Group
- 6.4.6 Ashland
- 6.4.7 BASF SE
- 6.4.8 Cabot Corporation
- 6.4.9 DAIKIN INDUSTRIES, Ltd.
- 6.4.10 Dow
- 6.4.11 Eastman Chemical Company
- 6.4.12 ELEMENTIS PLC
- 6.4.13 Evonik Industries AG
- 6.4.14 The Lubrizol Corporation
- 6.4.15 Momentive Specialty Chemicals Inc.
- 6.4.16 Solvay
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Development of Environment-Friendly and Advanced Additives
South America Coating Additives Industry Segmentation
The South America paints and coatings additives market report includes:
| Type | Biocides |
| Dispersants and Wetting Agents | |
| Defoamers and Deaerators | |
| Rheology Modifiers | |
| Surface Modifiers | |
| Stabilizers | |
| Flow and Leveling Additives | |
| Other Types | |
| Application | Architectural |
| Wood | |
| Transportation | |
| Protective | |
| Other Applications | |
| Geography | Brazil |
| Argentina | |
| Colombia | |
| Chile | |
| Rest of South America |
South America Coating Additives Market Research FAQs
What is the current South America Paints and Coatings Additives Market size?
The South America Paints and Coatings Additives Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in South America Paints and Coatings Additives Market?
Altana, Dow, ELEMENTIS PLC and Solvay are the major companies operating in the South America Paints and Coatings Additives Market.
What years does this South America Paints and Coatings Additives Market cover?
The report covers the South America Paints and Coatings Additives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Paints and Coatings Additives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Paints and Coatings Additives Industry Report
Statistics for the 2024 South America Paints and Coatings Additives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Paints and Coatings Additives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
