The Global Powder Coating Additives Market was valued at USD 1.67 Billion in 2024 and is projected to reach USD 2.34 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024-2030). This expansion is fueled by the increasing adoption of powder coatings in automotive, construction, and industrial applications, coupled with stringent environmental regulations promoting sustainable coating alternatives.
As manufacturers seek enhanced durability, aesthetic appeal, and eco-friendly solutions, additive providers are accelerating innovation in surface finishing technologies. Below we examine the Top 10 Powder Coating Additive Companies driving advancements across matting agents, rheology modifiers, and sustainable formulations.
🔟 1. Evonik Industries AG
Headquarters: Essen, Germany
Key Products: DEGALAN® matting agents, TEGO® flow and leveling additives
Evonik leads the additives sector with comprehensive solutions enhancing coating performance across diverse substrates. Their specialty chemicals optimize application efficiency and finished product quality.
Recent Developments:
- Launched bio-based matting agents in 2023
- Expanded R&D collaborations with major coating manufacturers
- Introduced low-VOC formulations for automotive applications
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9️⃣ 2. BYK-Chemie GmbH (ALTANA)
Headquarters: Wesel, Germany
Key Products: Surface modifiers, degassing agents
BYK’s advanced additive technologies enable precise control over coating textures and application properties, serving diverse industrial segments globally.
Recent Developments:
- Developed digital formulation tools in 2024
- Expanded Asian production capabilities
8️⃣ 3. Elementis plc
Headquarters: London, UK
Key Products: BENZOFLEX® plasticizers, rheology modifiers
Elementis specializes in performance additives that enhance coating flexibility and thermal stability for demanding applications.
Recent Developments:
- Introduced low-temperature cure additives (2024)
- Advanced sustainable plasticizer technology
7️⃣ 4. DuPont de Nemours, Inc.
Headquarters: Wilmington, Delaware, USA
Key Products: VERSIFY™ performance modifiers
DuPont leverages material science expertise to address common coating challenges while supporting sustainability initiatives.
Recent Developments:
- Developed conductive additives for EV applications
- Enhanced recycling-compatible formulations
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6️⃣ 5. Clariant International Ltd.
Headquarters: Muttenz, Switzerland
Key Products: CERIDUST® micronized waxes
Clariant’s additives improve scratch resistance and surface quality across multiple coating applications.
Recent Developments:
- Commercialized bio-based wax additives (2023)
- Expanded custom solutions for coil coatings
5️⃣ 6. BASF SE
Headquarters: Ludwigshafen, Germany
Key Products: LAROMER® crosslinkers, Efka® dispersants
BASF offers a comprehensive additives portfolio supporting diverse powder coating formulations and applications.
Recent Developments:
- Advanced low-energy cure technologies
- Custom solutions for architectural coatings
4️⃣ 7. Lubrizol Corporation
Headquarters: Wickliffe, Ohio, USA
Key Products: SOLSPERSE® dispersants
Lubrizol’s additives optimize pigment dispersion and enable customized surface effects.
Recent Developments:
- Enhanced durability additives
- Strengthened Asia-Pacific presence
3️⃣ 8. Arkema Group
Headquarters: Colombes, France
Key Products: CRAYVALLAC® modifiers
Arkema combines polymer and additive expertise to enhance coating application and performance.
Recent Developments:
- Launched bio-based rheology modifiers (2023)
- Developed solutions for heat-sensitive substrates
2️⃣ 9. Allnex GmbH
Headquarters: Frankfurt, Germany
Key Products: CRYLCOAT® bonding promoters
Allnex specializes in additives designed specifically for powder coating resin systems.
Recent Developments:
- Advanced plastic substrate solutions
- High-speed application formulations
1️⃣ 10. Michelman, Inc.
Headquarters: Cincinnati, Ohio, USA
Key Products: Michem® surface modifiers
Michelman develops additives that improve coating processability and finished product appearance.
Recent Developments:
- Sustainable slip and leveling solutions
- Custom technologies for emerging applications
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🌍 Market Outlook: Evolving Requirements Drive Innovation
The powder coating additives sector continues to evolve in response to emerging sustainability requirements and performance demands.
📈 Emerging Industry Trends:
- Growing adoption of bio-based and renewable raw materials
- Development of additives enabling lower curing temperatures
- Increased digitalization of formulation processes
- Demand for multifunctional additive solutions
Get Full Report Here: Powder Coating Additives Market – View in Detailed Research Report
The featured companies are driving transformation across surface finishing technologies through continuous advancements in powder coating additive solutions.
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