According to ChemAnalyst report, ?Global Coating Additives Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030?, global coating additives demand stood at 7.58 Million Tonnes in 2020 and is forecast to reach 11.59 Million Tonnes by 2030, growing at a healthy CAGR of 4.35% until 2030. Rise in the demand of automotive industry along with the increasing demand of other application areas such as architectural coatings, industrial goods etc. is projected to drive the demand of coating additives during the forecast period. Moreover, increasing population and subsequent urbanization is also a propelling factor supporting demand growth of coating additives during the forecast period.