Coating Resins Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Type (Acrylic, Alkyd, Vinyl, Polyurethane, Epoxy, Others), By Technology (Waterborne Coatings, Solvent-borne Coatings, Powder Coatings), By Application (Architectural Coatings, Marine & Protective Coatings, General Industrial Coatings, Automotive Coatings, Wood Coatings, Packaging Coatin
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationCoating Resins Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Type (Acrylic, Alkyd, Vinyl, Polyurethane, Epoxy, Others), By Technology (Waterborne Coatings, Solvent-borne Coatings, Powder Coatings), By Application (Architectural Coatings, Marine & Protective Coatings, General Industrial Coatings, Automotive Coatings, Wood Coatings, Packaging Coatin
The global coating resin market is estimated to rise at an impressive rate through 2027. Coating resins are coating compounds consisting of separate elements such as resin and polyamine hardener (another catalyst). Coating resins are recognized for their exceptional mechanical properties, such as stiffness, resilience, abrasion, impact, and chemical endurance. These attributes make coating resin an ideal protective coating material for components in demanding industrial and home settings.
Increasing Demand from Construction & Automobile Industries to Foster Market Growth
The need and demand for merchandise by communities are shifting drastically due to the product's availability and growing population. Resin coating can reduce corrosive risk and improve the bond strength between resin and structures. Its characteristics like stiffness, resilience, abrasion, impact, and chemical endurance are better than its substitute method, like painting. As a result of above-mentioned characteristics, coating resins in witnessing increased demand from the construction and automotive sectors.
Supply Chain Disruption and Rising Inflation are Hindering Market Growth
The turmoil of geopolitical relationships, the indirect war between nations, and disturbance in the supply chain are critical factors that can hinder the market growth. The world is experiencing inflation which is supposed to rise in the future due to various factors. Thus, the global coating resin market is affected for this reason and is expected to face continuous obstructions in the coming few years.
Constant R&D for Creating More Applications Made Up of Coating Resin is Driving Growth
A product like saturated carboxylated polyester, acrylic elastomeric latex, Acrylic Polyol Emulsion, and other product are the innovation going on in the global coating resin market. Market requirement propels the marketer towards research and development for developing user-friendly and sustainable products with desired characteristics. For acquiring new customers, organizations are collaborating and acquiring expert companies to use their proficiencies and increase the market growth & revenue share.
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Market Segmentation
The global coating resins market is segmented
Market Players
The BASF SE, Covestro AG, Arkema S.A., Dow Chemical Company, Allnex USA Inc., Evonik Industries AG, The Sherwin-Williams Company, Huntsman International LLC, Mitsubishi Chemicals Corporation, Toray Industries, Inc. are the major market player in global coating resins market.
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Attribute |
Details |
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Base
Year |
2021 |
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Historic
Data |
2017 – 2020 |
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Estimated
Year |
2022 |
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Forecast
Period |
2023 – 2027 |
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Quantitative
Units |
Revenue in USD Million, volume in ton, and CAGR for 2017-2021
and 2022-2027 |
|
Report
coverage |
Revenue
forecast, volume forecast, company share, competitive landscape, growth factors,
and trends |
|
Segments
covered |
·
Type ·
Technology ·
Application |
|
Regional
scope |
North
America; Asia Pacific; Europe & CIS; South America; Middle East &
Africa |
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Country
scope |
United States; Canada; Mexico; China; India; Japan; Australia;
South Korea; Germany; France; United Kingdom; Spain; Italy; Russia; Brazil;
Argentina; Colombia; South Africa; UAE; Saudi Arabia. |
|
Key
companies profiled |
BASF SE, Covestro AG, Arkema S.A., Dow Chemical Company,
Allnex USA Inc., Evonik Industries AG, The Sherwin-Williams Company, Huntsman
International LLC, Mitsubishi Chemicals Corporation, Toray Industries, Inc. |
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Customization
scope |
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope. |
|
Pricing
and purchase options |
Avail
customized purchase options to meet your exact research needs. Explore purchase options |
|
Delivery
Format |
PDF and Excel
through Email (We can also provide the editable version of the report in
PPT/Word format on special request) |
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