Coating resins are covering applied on the surface of object to achieve hardness, corrosion resistance, weather resistance, and stain resistance.
Resins offer quick drying times, gloss retention, and superior weathering to coatings. Increase in architectural coatings demand drive the growth of the market. In addition, rise in demand for green and environment-friendly coating systems in architectural designs is expected to boost the market growth. In the roadways marking, there is a high demand for coating resins owing to its weather resistance properties, which in turn is responsible for reducing maintenance cost of roads. The increase in production of automobiles is also another factor expected to escalate the growth of the coating resins market.
Global Coatings Resins market size will increase to xx Million US$ by 2026, from xx Million US$ in 2020, at a CAGR of xx% during the forecast period. In this study, 2021 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Coatings Resins.
This report covers the present status and the future prospects of the global Coatings Resins market for 2015-2026.
The report offers detailed coverage of Coatings Resins industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Coatings Resins by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Bayer AG, Royal DSM, The Sherwin-Williams Company (The Valspar Corporation), aPolynt SpA, Allnex Belgium SA/Nv, Arkema S.A., BASF SE, Momentive Specialty Chemicals, The DOW Chemical Company, Evonik Industries AG
Market Segment as follows:
Market by Order Type
Acrylic
Epoxy
Polyurethane
Alkyd
Vinyl
Unsaturated Polyester Resin
Saturated Polyester Resin
Other
Coatings Resins Breakdown Data by Application
Architectural
Industrial
Protective & Marine
Automotive OEM
Vehicle Refinish
Others
Coatings Resins Production market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Coatings Resins market for the forecast period 2021 - 2026?
• What are the driving forces in the Coatings Resins market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Coatings Resins industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.