The Global Coating Resins Market is valued at USD 41.52 Billion in 2021 and is expected to reach USD 58.03 Billion by 2028 with a CAGR of 4.9% over the forecast period.
Surging use of liquid and bio-based epoxy resin is one of the major factors driving the growth of the Global Coating Resins Market.
Scope of Global Coating Resins Market Report:-
The versatile features of the coating resins such as durability, high strength, gap-filling, and many other benefits make them exceptionally remarkable for use. Coating resins have been used in several applications containing consumer electronics, consumer goods, mobility, and infrastructure, and have bragged the top share in acrylic, alkyd, epoxy, and UV curable resins.
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Key Players for Global Coating Resins Market Report:
Some of the key players for global Coating Resins are
- Bayer AG
- Royal DSM
- Sherwin-Williams Company (The Valspar Corporation)
- Polynt SpA.
- Allnex Belgium SA/Nv
- Arkema S.A.
- BASF SE
- Momentive Specialty Chemicals, Inc.
- The DOW Chemical Company
- Evonik Industries AG
- Others.
Global Coating Resins Market Segmentation:-
By Resin Type:
- Acrylic
- Alkyd
- Vinyl
- Polyurethane
- Epoxy
- Unsaturated polyester
- Saturated polyester
- Amino
- Others
By Technology:
- Waterborne coatings
- Solvent-borne coatings
- Powder coatings
- Others
By Application:
- Architectural coatings
- Marine & protective coatings
- General industrial coatings
- Automotive coatings
- Wood coatings
- Packaging coatings
- Coil coatings
- Others
Recent Developments
News:- Covestro Launched Biobased Acrylic Resin for Long-lasting Exterior Coatings
On December 11th, 2021; Covestro introduced Decovery SP-8310, a 37 percent bio-based, permeable, multi-purpose resin that allows for greater outdoor durability and bio-based content in exterior coatings.
Arkema Launched New Powder Coating Resins Facility
On February 13th, 2019; Arkema launched a new first-class polyester resin production facility in India. The new plant was built to meet the demands of a rapidly increasing powder coating market and to better serve the company’s customers in India, the Gulf Region, and adjacent countries. A dedicated laboratory for both application development and technical support is also included in this new facility.
Key Benefits of Global Coating Resin Market Report:-
- Global Coating Resin Market report covers in-depth historical and forecasts analysis.
- Global Coating Resin Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, and Regional and Country levels.
- Global Coating Resin Market report helps to identify opportunities in the marketplace.
- Global Coating Resin Market report covers extensive analysis of emerging trends and the competitive landscape.
Regional Analysis:
North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
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