The global coating additives market was valued at around US$ 10,613.3 M in 2021 and is anticipated to reach US$ 17,724.8 M by 2032. Sales in the global coating devices market are expected to reach a CAGR of 4.8% between 2022 and 2032.
Growing demand for coatings additives from various industries such as automotive, architecture, wood and furniture, and others is expected to drive the market. Considering this, the global coating additives sales are projected to increase at 1.6x, exceeding US$ 11,090.9 M in 2022.