| Product Code: ETC5658441 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Sweden saw a steady influx of coating additives imports primarily from Germany, Norway, Finland, Italy, and Metropolitan France. Despite the low Herfindahl-Hirschman Index (HHI) indicating a fragmented market, the compound annual growth rate (CAGR) from 2020 to 2024 remained modest at 0.38%. However, there was a slight decline in growth rate from 2023 to 2024, possibly indicating a temporary market adjustment. Overall, Sweden continues to attract a diverse range of coating additives from key European suppliers.
The coating additives market in Sweden is expanding as manufacturers seek to enhance the performance and functionality of coatings across various applications. Additives are essential for improving properties such as flow, stability, adhesion, and durability in paints and coatings. The market is driven by trends in the automotive, construction, and consumer goods industries, where the demand for high-quality finishes is increasing. As environmental regulations tighten, there is a growing emphasis on developing sustainable additives that reduce VOC emissions and enhance the recyclability of coatings. This market is poised for growth, reflecting Sweden commitment to innovation and sustainability in manufacturing processes.
The coating additives market in Sweden is experiencing growth due to the increasing demand for high-performance coatings in various industries, including automotive, construction, and consumer goods. Coating additives enhance the properties of coatings, such as durability, flow, and adhesion. The focus on sustainability is also shaping this market, as manufacturers are developing environmentally friendly additives that comply with stringent regulations. Furthermore, technological advancements in formulation chemistry are enabling the development of innovative coating solutions that meet evolving market demands.
The coating additives market in Sweden is grappling with stringent environmental regulations that limit the use of certain chemicals in paints and coatings. As the market increasingly shifts toward water-based and eco-friendly formulations, traditional additives face reduced demand. The cost of developing and implementing environmentally compliant additives also presents financial challenges for manufacturers. Furthermore, competition from international players who can offer additives at lower costs puts additional pressure on Swedish companies to innovate while maintaining profitability.
Government policies in Sweden that focus on environmental protection have a significant impact on the coating additives market. Regulations aimed at reducing VOC emissions and promoting the use of safer chemicals drive the demand for eco-friendly additives. The Swedish government, in alignment with the EUs chemical regulations like REACH, emphasizes the use of non-toxic and biodegradable additives in various industrial applications. These policies encourage manufacturers to innovate and develop additives that meet stringent environmental standards while enhancing the performance of coatings.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sweden Coating Additives Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Coating Additives Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Coating Additives Market - Industry Life Cycle |
3.4 Sweden Coating Additives Market - Porter's Five Forces |
3.5 Sweden Coating Additives Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.6 Sweden Coating Additives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Sweden Coating Additives Market Revenues & Volume Share, By Formulation, 2021 & 2031F |
4 Sweden Coating Additives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable coatings |
4.2.2 Growing construction industry in Sweden |
4.2.3 Technological advancements in coating additives |
4.3 Market Restraints |
4.3.1 Stringent regulations on VOC emissions |
4.3.2 Fluctuating raw material prices |
4.3.3 Intense competition among coating additive manufacturers |
5 Sweden Coating Additives Market Trends |
6 Sweden Coating Additives Market Segmentations |
6.1 Sweden Coating Additives Market, By Function |
6.1.1 Overview and Analysis |
6.1.2 Sweden Coating Additives Market Revenues & Volume, By Rheology Modifiers, 2021-2031F |
6.1.3 Sweden Coating Additives Market Revenues & Volume, By Dispersing, 2021-2031F |
6.1.4 Sweden Coating Additives Market Revenues & Volume, By Wetting Agent, 2021-2031F |
6.1.5 Sweden Coating Additives Market Revenues & Volume, By Impact Modifier, 2021-2031F |
6.1.6 Sweden Coating Additives Market Revenues & Volume, By Anti-Foaming, 2021-2031F |
6.2 Sweden Coating Additives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Sweden Coating Additives Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Sweden Coating Additives Market Revenues & Volume, By Architecture, 2021-2031F |
6.2.4 Sweden Coating Additives Market Revenues & Volume, By Industrial, 2021-2031F |
6.3 Sweden Coating Additives Market, By Formulation |
6.3.1 Overview and Analysis |
6.3.2 Sweden Coating Additives Market Revenues & Volume, By Water, 2021-2031F |
6.3.3 Sweden Coating Additives Market Revenues & Volume, By Solvent, 2021-2031F |
6.3.4 Sweden Coating Additives Market Revenues & Volume, By Powder Based, 2021-2031F |
7 Sweden Coating Additives Market Import-Export Trade Statistics |
7.1 Sweden Coating Additives Market Export to Major Countries |
7.2 Sweden Coating Additives Market Imports from Major Countries |
8 Sweden Coating Additives Market Key Performance Indicators |
8.1 Research and development investment in new environmentally friendly additives |
8.2 Adoption rate of innovative coating technologies in the construction sector |
8.3 Number of patents filed for coating additive formulations |
8.4 Customer satisfaction and retention rates for coating additive products |
8.5 Percentage of market share held by sustainable coating additives in Sweden |
9 Sweden Coating Additives Market - Opportunity Assessment |
9.1 Sweden Coating Additives Market Opportunity Assessment, By Function, 2021 & 2031F |
9.2 Sweden Coating Additives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Sweden Coating Additives Market Opportunity Assessment, By Formulation, 2021 & 2031F |
10 Sweden Coating Additives Market - Competitive Landscape |
10.1 Sweden Coating Additives Market Revenue Share, By Companies, 2024 |
10.2 Sweden Coating Additives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |