Intermediates for Paints & Coatings Market - Growth Drivers and Challenges
Growth Drivers
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Growing Demand for Paints & Coatings – As the need for paints & coatings is rising across the globe, more intermediates are required for their production. For instance, ingredients such as binders, pigments, thickeners, curing agents, modifiers, humectants, open-time additives, alkyd latex resins, and polymers are used to create finished aqueous or solvent-borne paint and coating products are known as intermediates and are utilized to generate paints and coatings in the final useable form.
Challenges
- Exorbitant Cost of Intermediates - The high cost is one of the major factors predicted to slow down the market growth. For instance, the price of raw materials keeps on fluctuating as the materials are not easily available. This as a result can increase the overall cost of the intermediates.
- Unavailability of Raw Materials
- Strict Environmental Regulations
Intermediates for Paints & Coatings Market Size and Forecast:
|
Base Year |
2025 |
|
Forecast Year |
2026-2035 |
|
CAGR |
8.9% |
|
Base Year Market Size (2025) |
USD 338.53 billion |
|
Forecast Year Market Size (2035) |
USD 794.1 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of intermediates for paints & coatings is evaluated at USD 365.65 billion.
The global intermediates for paints & coatings market size exceeded USD 338.53 billion in 2025 and is set to expand at a CAGR of over 8.9%, surpassing USD 794.1 billion revenue by 2035.
Asia Pacific is estimated to command a 38% share by 2035 in the Intermediates for Paints & Coatings Market, impelled by rising urbanization in the region.
Key players in the market include Venator Materials PLC, BASF SE, Eastman Chemical Company, The Dow Chemical Company, KH Neochem Co., Ltd., Saudi Basic Industries Corporation, OQ Chemicals GmbH, Solventis Ltd., Galaxy Surfactants Limited, KH Chemicals BV.
