WEST CALDWELL, NJ – According to the consulting firm Kusumgar, Nerlfi & Growney, Dow Chemical’s recently announced acquisition of Rohm and Haas, and Ashland’s of Hercules, will further concentrate the supplier structure of coating additives in Asia. These two acquisitions follow the purchase of Deuchem (Taiwan) earlier in the year by Elementis. Last year, the Asian coating industry consumed $1.25 billion of specialty additives.
Chemical and Rohm and Haas had combined Asian coating additive sales of $75
million in 2007 with 70 percent being rheology modifiers. Dow is the
second-largest supplier of cellulosic rheology modifiers for coatings in Asia,
and Rohm and Haas is the largest supplier of water-based synthetic types. Rohm
and Haas is among the top three suppliers of coating biocides, while Dow is a
minor player. Rohm and Haas is also a larger supplier of acrylic dispersants
for water-based house paints in Asia.
and Hercules had combined coating additive sales of $55 million in Asia.
Hercules is the largest supplier of cellulosic thickeners for coatings with
global sales of some $140 million. Hercules captures 40-45 percent of the
market for cellulosic rheology modifiers for coatings in Asia. Most of Ashland’s
Asian coating additive sales are foam control products. Ashland also sells
small amounts of waxes, biocides and wetting agents in Asia.
information on Asian coating additives is available in Kusumgar, Nerlfi &
Growney’s recently completed multi-client study, Asian Coating Additives. Visit
for additional information.
New Acquisitions Change Asian Supplier Structure
July 25, 2008