Report cover image

Coatings Raw Materials Market Size, Share, and Outlook, 2025 Report- By Type (Resins, Pigments and fillers, Solvents, Additives), By Distribution Channel (Offline, Online), 2018-2032

Publisher VPA Research
Published Feb 10, 2025
Length 196 Pages
SKU # VPA19587396

Description

Coatings Raw Materials Market Outlook

Coatings Raw Materials Market Size is forecast to reach $129.7 Billion in 2032 from $89.9 Billion in 2025, at an optimistic growth rate of 5.3% from 2025 to 2032. The robust Coatings Raw Materials Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Coatings Raw Materials Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (Resins, Pigments and fillers, Solvents, Additives), By Distribution Channel (Offline, Online). Over 70 tables and charts showcase findings from our latest survey report on Coatings Raw Materials Markets.

Coatings Raw Materials Market Insights, 2025: Coatings Raw Materials: Key Drivers and Opportunities

The coatings raw materials market, which includes resins, pigments, solvents, and additives, plays a crucial role in the performance, durability, and appearance of coatings across various applications, including automotive, construction, industrial, and consumer goods. One of the primary drivers behind the demand for coatings raw materials is the expanding construction and automotive industries, which require high-quality coatings for protection and aesthetics. The push toward sustainability and environmental regulations is also driving innovation in raw materials, as manufacturers increasingly turn to bio-based, low-VOC, and non-toxic alternatives to traditional chemicals.

The opportunities in the coatings raw materials market are largely focused on the development of eco-friendly and high-performance materials. The demand for waterborne coatings, which contain fewer harmful solvents, is on the rise due to both regulatory pressure and growing consumer preference for safer, environmentally friendly products. The expansion of the electric vehicle market is another opportunity, as it drives the need for advanced coatings that can provide durability and protection while maintaining a lightweight design. Additionally, as industries push for more customized coatings solutions, the need for specialized raw materials that cater to specific customer requirements—such as UV-curable resins or nano-coatings—is expected to grow.

Five Trends that will define global Coatings Raw Materials Market in 2025 and Beyond

A closer look at the multi-million global market for Coatings Raw Materials Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Coatings Raw Materials Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Coatings Raw Materials Industry?

The Coatings Raw Materials Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Coatings Raw Materials Market Segment Insights

The Coatings Raw Materials Industry presents strong offers across categories. The analytical report offers forecasts of Coatings Raw Materials Industry performance across segments and countries. Key segments in the industry include- By Type (Resins, Pigments and fillers, Solvents, Additives), By Distribution Channel (Offline, Online). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Coatings Raw Materials Market size outlook is provided for 22 countries across these regions.

Coatings Raw Materials Industry Value Chain

The chapter identifies potential companies and their operations across the global Coatings Raw Materials Industry ecosystem. It assists decision-makers in evaluating global Coatings Raw Materials Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Coatings Raw Materials Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Coatings Raw Materials Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Coatings Raw Materials Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Coatings Raw Materials Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Coatings Raw Materials Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Coatings Raw Materials Market Insights- Executives are most excited about opportunities for the US Coatings Raw Materials Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Coatings Raw Materials Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Coatings Raw Materials Market.

Latin American Coatings Raw Materials Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Coatings Raw Materials Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Coatings Raw Materials Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Coatings Raw Materials Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Coatings Raw Materials Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Altana AG, Arkema Group, BASF SE, Cathay Industries, Dow Chemical Co., Eastman Chemical Co., Evonik Industries AG, Heubach GmbH, Huntsman International LLC, MEGARA RESINS SA, Momentive Performance Materials Inc, OPC Polymers, Polynt Spa, PPG Industries Inc, PTT Public Co. Ltd, Synthomer Plc, Synthopol Chemie Dr. rer. pol. Koch GmbH and Co. KG, Vibrantz Technologies, W. R. Grace and Co.

Coatings Raw Materials Market Scope and Segmentation

By Type

Resins

Pigments and fillers

Solvents

Additives

By Distribution Channel

Offline

Online

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Coatings Raw Materials Market Research-

Altana AG

Arkema Group

BASF SE

Cathay Industries

Dow Chemical Co.

Eastman Chemical Co.

Evonik Industries AG

Heubach GmbH

Huntsman International LLC

MEGARA RESINS SA

Momentive Performance Materials Inc

OPC Polymers

Polynt Spa

PPG Industries Inc

PTT Public Co. Ltd

Synthomer Plc

Synthopol Chemie Dr. rer. pol. Koch GmbH and Co. KG

Vibrantz Technologies

W. R. Grace and Co.

Reasons to Buy the report
  • Make informed decisions through long and short-term forecasts across 22 countries and segments.
  • Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
  • Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
  • Get an integrated understanding of the entire market ecosystem and companies.
  • Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
  • Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
  • Get free Excel spreadsheet and PPT versions along with the report PDF.

Table of Contents

196 Pages
1. Table of Contents
List of Figures and Tables
2. Executive Summary
2.1 Key Highlights
2.1.1 Coatings Raw Materials Market Size Outlook, 2018-2024 and 2025-2032
2.1.2 Largest Coatings Raw Materials Market Types and Applications
2.1.3 Fastest Growing Segments
2.1.4 Potential Markets
2.1.5 Market Concentration
2.2 Market Scope and Segmentation
2.2.1 Market Scope- Segments
2.2.2 Market Scope- Countries
2.2.3 Macroeconomic and Demographic Outlook
2.2.4 Abbreviations
2.2.5 Units and Currency Conversions
3. Research Methodology
3.1 Primary Research Surveys
3.2 Secondary Data Sources
3.3 Data Triangulation
3.4 Forecast Methodology
3.5 Assumptions and Limitations
4. Introduction to Global Coatings Raw Materials Market in 2025
4.1 Industry Panorama
4.2 Leading Companies Profiled in the Study
4.3 Asia Pacific Markets offer Robust Market Prospects for New Entrants
4.4 Market Dynamics
4.4.1 Market Dynamics- Trends and Drivers
4.4.2 Market Dynamics- Opportunities and Challenges
4.5 Regional Analysis
4.6 Porter’s Five Force Analysis
4.6.1 Intensity of Competitive Rivalry
4.6.2 Threat of New Entrants
4.6.3 Threat of Substitutes
4.6.4 Bargaining Power of Buyers
4.6.5 Bargaining Power of Suppliers
4.7 Coatings Raw Materials Industry Value Chain Analysis
4.7.1 Stage of Value Chain
4.7.2 Key Activities of Companies
4.7.3 Companies Included in Each Stage
4.7.4 Key Insights
5. Coatings Raw Materials Market Outlook to 2032
5.1 Market Size Forecast by Type, 2021-2024 and 2025-2032
5.2 Market Size Forecast by Application, 2021-2024 and 2024-2032
5.3 Market Size Forecast by Geography, 2021-2024 and 2024-2032
By Type
Resins
Pigments and fillers
Solvents
Additives
By Distribution Channel
Offline
Online
6. Global Coatings Raw Materials Market Outlook across Growth Scenarios
6.1 Low Growth Scenario
6.2 Base/Reference Case
6.3 High Growth Scenario
6. North America Coatings Raw Materials Market Size Outlook
6.1 Key Market Statistics, 2024
6.2 North America Coatings Raw Materials Market Trends and Growth Opportunities
6.2.1 North America Coatings Raw Materials Market Outlook by Type
6.2.2 North America Coatings Raw Materials Market Outlook by Application
6.3 North America Coatings Raw Materials Market Outlook by Country
6.3.1 The US Coatings Raw Materials Market Outlook, 2021- 2032
6.3.2 Canada Coatings Raw Materials Market Outlook, 2021- 2032
6.3.3 Mexico Coatings Raw Materials Market Outlook, 2021- 2032
7. Europe Coatings Raw Materials Market Size Outlook
7.1 Key Market Statistics, 2024
7.2 Europe Coatings Raw Materials Market Trends and Growth Opportunities
7.2.1 Europe Coatings Raw Materials Market Outlook by Type
7.2.2 Europe Coatings Raw Materials Market Outlook by Application
7.3 Europe Coatings Raw Materials Market Outlook by Country
7.3.2 Germany Coatings Raw Materials Market Outlook, 2021- 2032
7.3.3 France Coatings Raw Materials Market Outlook, 2021- 2032
7.3.4 The UK Coatings Raw Materials Market Outlook, 2021- 2032
7.3.5 Spain Coatings Raw Materials Market Outlook, 2021- 2032
7.3.6 Italy Coatings Raw Materials Market Outlook, 2021- 2032
7.3.7 Russia Coatings Raw Materials Market Outlook, 2021- 2032
7.3.8 Rest of Europe Coatings Raw Materials Market Outlook, 2021- 2032
8. Asia Pacific Coatings Raw Materials Market Size Outlook
8.1 Key Market Statistics, 2024
8.2 Asia Pacific Coatings Raw Materials Market Trends and Growth Opportunities
8.2.1 Asia Pacific Coatings Raw Materials Market Outlook by Type
8.2.2 Asia Pacific Coatings Raw Materials Market Outlook by Application
8.3 Asia Pacific Coatings Raw Materials Market Outlook by Country
8.3.1 China Coatings Raw Materials Market Outlook, 2021- 2032
8.3.2 India Coatings Raw Materials Market Outlook, 2021- 2032
8.3.3 Japan Coatings Raw Materials Market Outlook, 2021- 2032
8.3.4 South Korea Coatings Raw Materials Market Outlook, 2021- 2032
8.3.5 Australia Coatings Raw Materials Market Outlook, 2021- 2032
8.3.6 South East Asia Coatings Raw Materials Market Outlook, 2021- 2032
8.3.7 Rest of Asia Pacific Coatings Raw Materials Market Outlook, 2021- 2032
9. South America Coatings Raw Materials Market Size Outlook
9.1 Key Market Statistics, 2024
9.2 South America Coatings Raw Materials Market Trends and Growth Opportunities
9.2.1 South America Coatings Raw Materials Market Outlook by Type
9.2.2 South America Coatings Raw Materials Market Outlook by Application
9.3 South America Coatings Raw Materials Market Outlook by Country
9.3.1 Brazil Coatings Raw Materials Market Outlook, 2021- 2032
9.3.2 Argentina Coatings Raw Materials Market Outlook, 2021- 2032
9.3.3 Rest of South and Central America Coatings Raw Materials Market Outlook, 2021- 2032
10. Middle East and Africa Coatings Raw Materials Market Size Outlook
10.1 Key Market Statistics, 2024
10.2 Middle East and Africa Coatings Raw Materials Market Trends and Growth Opportunities
10.2.1 Middle East and Africa Coatings Raw Materials Market Outlook by Type
10.2.2 Middle East and Africa Coatings Raw Materials Market Outlook by Application
10.3 Middle East and Africa Coatings Raw Materials Market Outlook by Country
10.3.1 Saudi Arabia Coatings Raw Materials Market Outlook, 2021- 2032
10.3.2 The UAE Coatings Raw Materials Market Outlook, 2021- 2032
10.3.3 Rest of Middle East Coatings Raw Materials Market Outlook, 2021- 2032
10.3.4 South Africa Coatings Raw Materials Market Outlook, 2021- 2032
10.3.5 Egypt Coatings Raw Materials Market Outlook, 2021- 2032
10.3.6 Rest of Africa Coatings Raw Materials Market Outlook, 2021- 2032
11. Company Profiles
11.1 Leading 10 Companies
Altana AG
Arkema Group
BASF SE
Cathay Industries
Dow Chemical Co.
Eastman Chemical Co.
Evonik Industries AG
Heubach GmbH
Huntsman International LLC
MEGARA RESINS SA
Momentive Performance Materials Inc
OPC Polymers
Polynt Spa
PPG Industries Inc
PTT Public Co. Ltd
Synthomer Plc
Synthopol Chemie Dr. rer. pol. Koch GmbH and Co. KG
Vibrantz Technologies
W. R. Grace and Co.
11.2 Overview
11.3 Products and Services
11.4 SWOT Profile
12. Appendix
12.1 Subscription Options
12.2 Customization Options
12.3 Publisher Details
How Do Licenses Work?
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.