Coating Agents

A Global Strategic Business Report

MCP17231

RESEARCH DASHBOARD

OCT 2025

RELEASE DATE

894

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EDITION

WHAT'S BEHIND OUR DATA?

140857226

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BRANDS TRACKED

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FEATURED COMPANIES

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TOPICS COVERED

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MARKET SEGMENTS

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KEY INDUSTRIES

1574

CURATION TEAM

4761909

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EXECUTIVE ENGAGEMENTS BY TIER (203)

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MARKETING

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HIGHLIGHTS & REPORT INDEX

Global Coating Agents Market to Reach US$1.9 Billion by 2030

The global market for Coating Agents estimated at US$1.3 Billion in the year 2024, is expected to reach US$1.9 Billion by 2030, growing at a CAGR of 7.0% over the analysis period 2024-2030.

The U.S. Market is Estimated at US$333.0 Million While China is Forecast to Grow at 10.5% CAGR

The Coating Agents market in the U.S. is estimated at US$333.0 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$462.8 Million by the year 2030 trailing a CAGR of 10.5% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.4% and 6.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.

Global Coating Agents Market - Key Trends and Drivers Summarized

Why Are Coating Agents Crucial Across Industries?

Coating agents, often referred to as surface coatings, play a fundamental role across numerous industries by offering protective, decorative, and functional enhancements to a wide array of surfaces. These coatings are indispensable in sectors such as automotive, aerospace, construction, and electronics, where they serve multiple critical functions. At their core, coating agents provide a vital barrier against environmental factors like moisture, chemicals, and ultraviolet (UV) radiation, which can otherwise lead to deterioration or failure of materials. Beyond merely protecting surfaces, these coatings significantly contribute to the aesthetics of products, offering a broad spectrum of colors, finishes, and textures that cater to consumer preferences and industry standards. In industries where longevity and performance are crucial, coating agents are also engineered to impart specific characteristics such as corrosion resistance, antimicrobial properties, and self-cleaning abilities. As such, they are essential for ensuring the durability, safety, and efficiency of products in demanding environments. The ongoing evolution of these agents is driven by continuous advancements in materials science and the ever-growing need for high-performance coatings that not only meet but exceed the demands of both industrial and consumer applications.

How Are Innovations Transforming The Coating Agents Industry?

The landscape of the coating agents industry is being reshaped by significant technological advancements, particularly in the realms of nanotechnology and smart coatings. Nanotechnology introduced groundbreaking possibilities by enabling the development of coatings with enhanced durability, superior wear resistance, and improved surface functionalities. These nanoscale coatings are particularly effective in harsh environments, making them highly valuable in industries like aerospace and automotive, where materials are subjected to extreme conditions. Smart coatings have further revolutionized the market by adding dynamic functionalities that respond to changes in the environment, such as temperature, pressure, or light. One notable innovation is the advent of self-healing coatings, which can automatically repair minor surface damages, thus extending the lifespan of coated products and reducing maintenance costs. Additionally, the integration of digital printing technologies into the production of coatings opened new avenues for customization, allowing manufacturers to meet the increasing consumer demand for personalized products with precision and efficiency. These technological innovations are not only expanding the capabilities of coating agents but are also driving their adoption across a broader range of applications, including emerging industries that require advanced, multifunctional coatings.

What Industry-Specific Trends Are Shaping the Demand for Coating Agents?

The demand for coating agents is intricately linked to evolving trends in key end-use industries, each of which imposes distinct requirements on the coatings market. In the automotive industry, the trend toward vehicle lightweighting created a surge in demand for specialized coatings that can effectively adhere to newer materials like aluminum and carbon fiber, which are increasingly used to reduce vehicle weight and enhance fuel efficiency. In the construction sector, rapid urbanization and the ongoing development of infrastructure are driving the need for coatings that offer superior durability, weather resistance, and compliance with environmental standards. This led to an increased adoption of low-VOC and waterborne coatings, which align with green building practices and stringent environmental regulations. Meanwhile, the electronics industry, driven by the proliferation of miniaturized and wearable devices, requires ultra-thin, highly functional coatings that protect delicate components from environmental damage without adding unnecessary bulk. Additionally, the packaging industry, especially within the food and beverage sector, is seeing rising demand for coatings that provide robust barrier properties against moisture, oxygen, and other contaminants, which are crucial for maintaining product safety and extending shelf life. These industry-specific trends are shaping the market, driving innovation, and pushing the boundaries of what coating agents can achieve.

What Factors Are Fueling the Growth of the Coating Agents Market?

The growth of the coating agents market is propelled by a combination of regulatory, technological, and market-driven factors that are collectively expanding the demand and application of these materials. One of the primary drivers is the increasing stringency of environmental regulations that mandate the use of eco-friendly, low-VOC, and waterborne coatings. These regulations are pushing manufacturers to innovate and develop new formulations that meet both performance standards and environmental requirements. Urbanization, particularly in emerging markets, is another significant factor, as the rapid expansion of cities and infrastructure projects demands coatings that offer high performance in terms of durability and resistance to environmental stressors. In the automotive industry, the shift towards electric vehicles and the use of lightweight materials created a growing need for advanced coatings that can protect these new materials while enhancing their performance. Furthermore, the rise of smart cities and the Internet of Things (IoT) is driving the demand for coatings with specialized properties, such as anti-corrosive, conductive, and self-cleaning coatings, which are essential for maintaining the functionality and longevity of connected devices and infrastructure. Consumer awareness regarding health and safety is also contributing to market growth, particularly through the increased demand for antimicrobial and non-toxic coatings in sectors such as healthcare, food packaging, and residential applications. Together, these factors are not only driving the expansion of the coating agents market but are also shaping its future by influencing the direction of research, development, and application of coating technologies across various industries.

SCOPE OF STUDY

The report analyzes the Coating Agents market by the following Segments, and Geographic Regions/Countries:

Segments:

Segment (Coating Agents).

Geographic Regions/Countries:

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa..

SELECT PLAYERS

AGC Chemicals ;Arakawa Chemical Industries Ltd.;artience Co., Ltd;Behansar Co.;Daikin Industries Ltd. (Daikin Chemicals);ENATECH Corporation;Evonik Industries AG;Fuji Chemical Industrial Co., Ltd.;Harima Chemicals Group, Inc.;Henan SECCO Environmental Protection Technology Co. , Ltd.

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TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by increasing the Cost of Goods Sold (COGS), reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Trade Shocks, Uncertainty, and the Structural Rewiring of the Global Economy

How Trump’s Tariffs Impact the Market? The Big Question on Everyone’s Mind

Global Economic Update

Coating Agents – Global Key Competitors Percentage Market Share in 2024 (E)

Competitive Market Presence - Strong/Active/Niche/Trivial for 43 Players Worldwide in 2024 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Spotlight on Eco-Friendly Coating Technologies Drives Market Growth

Sustainable Coatings Drive Growth in Environmentally Conscious Industries

Regulatory Pressures Enhance the Case for Low-VOC Coating Agents

Green Building Standards Spur Adoption of Advanced Coating Solutions

Infrastructure Investment Fuels Demand for High-Performance Coatings

Automotive Industry's Lightweighting Initiatives Boost Market Demand

Rising Demand for Smart Coatings Strengthens Market Potential in High-Tech Applications

Growing Need for Anti-Corrosion Coatings in Oil & Gas Industry

Nanotechnology Innovations Set New Standards for Coating Performance

Advances in Application Technology Strengthen the Market for Coating Agents

Marine Industry's Shift to Eco-Friendly Coatings Expands Market Opportunities

E-Commerce Growth Increases Demand for Packaging Coating Agents

4. GLOBAL MARKET PERSPECTIVE

World Recent Past, Current & Future Analysis for Coating Agents by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR

World Historic Review for Coating Agents by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

World 15-Year Perspective for Coating Agents by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2015, 2025 & 2030

World Coating Agents Market Analysis of Annual Sales in US$ Thousand for Years 2015 through 2030

III. MARKET ANALYSIS

UNITED STATES

Coating Agents Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)

USA Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

USA Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

CANADA

Canada Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Canada Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

JAPAN

Coating Agents Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)

Japan Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Japan Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

CHINA

Coating Agents Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)

China Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

China Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

EUROPE

Coating Agents Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)

Europe Recent Past, Current & Future Analysis for Coating Agents by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR

Europe Historic Review for Coating Agents by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

Europe 15-Year Perspective for Coating Agents by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2015, 2025 & 2030

FRANCE

Coating Agents Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)

France Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

France Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

GERMANY

Coating Agents Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)

Germany Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Germany Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

ITALY

Italy Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Italy Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

UNITED KINGDOM

Coating Agents Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)

UK Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

UK Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

SPAIN

Spain Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Spain Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

RUSSIA

Russia Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Russia Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

REST OF EUROPE

Rest of Europe Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Rest of Europe Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

ASIA-PACIFIC

Coating Agents Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)

Asia-Pacific Recent Past, Current & Future Analysis for Coating Agents by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR

Asia-Pacific Historic Review for Coating Agents by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

Asia-Pacific 15-Year Perspective for Coating Agents by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2015, 2025 & 2030

AUSTRALIA

Coating Agents Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2025 (E)

Australia Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Australia Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

INDIA

Coating Agents Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2025 (E)

India Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

India Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

SOUTH KOREA

South Korea Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

South Korea Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

REST OF ASIA-PACIFIC

Rest of Asia-Pacific Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Rest of Asia-Pacific Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

LATIN AMERICA

Coating Agents Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2025 (E)

Latin America Recent Past, Current & Future Analysis for Coating Agents by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR

Latin America Historic Review for Coating Agents by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

Latin America 15-Year Perspective for Coating Agents by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2015, 2025 & 2030

ARGENTINA

Argentina Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Argentina Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

BRAZIL

Brazil Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Brazil Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

MEXICO

Mexico Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Mexico Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

REST OF LATIN AMERICA

Rest of Latin America Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Rest of Latin America Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

MIDDLE EAST

Coating Agents Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2025 (E)

Middle East Recent Past, Current & Future Analysis for Coating Agents by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR

Middle East Historic Review for Coating Agents by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

Middle East 15-Year Perspective for Coating Agents by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2015, 2025 & 2030

IRAN

Iran Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Iran Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

ISRAEL

Israel Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Israel Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

SAUDI ARABIA

Saudi Arabia Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Saudi Arabia Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

UNITED ARAB EMIRATES

UAE Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

UAE Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

REST OF MIDDLE EAST

Rest of Middle East Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Rest of Middle East Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

AFRICA

Coating Agents Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2025 (E)

Africa Recent Past, Current & Future Analysis for Coating Agents by Segment - Coating Agents - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR

Africa Historic Review for Coating Agents by Segment - Coating Agents Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR

COMPETITIVE METRICS

COMPETITORS (ALPHABETICAL)	% VALIDATED RESEARCH *
AGC Chemicals	%
Alconix Corporation	%
Arakawa Chemical Industries Ltd.	%
artience Co., Ltd	%
Behansar Co.	%
Daikin Industries Ltd. (Daikin Chemicals)	%
ENATECH Corporation	%
Evonik Industries AG	%
Fuji Chemical Industrial Co., Ltd.	%
Harima Chemicals Group, Inc.	%

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