Global Coating Resins Market size was US$ 56.96 Bn in 2023 and is expected to reach US$ 83.96 Bn by 2030, at a CAGR of 5.7 % during forecast period.
Coating Resins Market Overview:
A research team conducted extensive primary and secondary research for the worldwide industry's Coating Resins market study. Secondary research was conducted to supplement existing data, segment the market, assess total market size, anticipate market size, and growth rate.
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Market Scope:
Our team at Maximize collects market information and data from a number of sources in order to provide a more realistic regional perspective. The study's country-level analysis is based on a review of several regional stakeholders, regional tax laws and policies, consumer behaviour, and macroeconomic statistics.
Segmentation:
by Resins Type
Acrylic Resins
Alkyd Resins
Polyurethane Resins
Epoxy Resins
Polyester Resins
Others
by Formulating Technology
Water-based Coatings
Solvent-based Coatings
Powder-based Coatings
Others
by End-Use
Architectural Coatings
General Industrial Coatings
Powder Coatings
Wood Coatings
Automotive OEM Coatings
Automotive Refinish Coatings
Protective Coatings
Packaging Coatings
Others
Key Players: the key players are
1. Dow Inc (US)
2. Momentive Inc (US)
3. Coating Technologies LLC (US)
4. The Sherwin-Williams Company (US)
5. Hexion Inc. (US)
6. Valspar Corporation (US)
7. Bayer AG (Germany)
8. Evonik Industries AG (Germany)
9. LANXESS (Germany)
10. BASF SE (Germany)
11. Ceramicoat Limited (UK)
12. Arkema S.A. (France)
13. ICA SpA (Italy)
14. Mutina S.P.A. (Italy)
15. Polynt S.P.A. (Italy)
16. Koninklijke DSM N.V. (Netherlands)
17. Akzo Nobel N.V. (Netherlands)
18. PT. Citra Resins (Indonesia)
19. Allnex Holdings S.A R.L. (Luxembourg)
20. HELIOS Resins (Slovenia)
21. Sumitomo Corporation (Japan)
22. DIC Corporation (Japan)
23. Nuplex Industries Limited (Australia)
24. Eternal Resin Co. Ltd. (Thailand)
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Regional Analysis:
A country-level examination of the Coating Resins Market focuses on categories identified as potentially high-growth, countries with the largest market share, and countries with the highest development potential. The regional breakdowns in the Coating Resins Market report include North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other countries.
Key Questions answered in the Coating Resins Market Report are:
- Which product segment had the largest share in the Coating Resins market in 2023?
- How is the projected competitive landscape of the Coating Resins market in the forecast period (2023-2030)?
- Which are the key factors aiding the Coating Resins market growth?
- Which region is responsible for the maximum share in the Coating Resins market in 2023?
- What will be the CAGR of the global Coating Resins market in the forecast period (2024-2030)?
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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The global coating resins market is set to gain impetus from the increasing development of greener processes by producers of final coating formulations, additives, pigments, and resins.
This information is given by Fortune Business Insights™ in a new study, titled, “Coating Resins Market Size, Share & Industry Analysis, By Resins (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, and Others), By Formulating Technology (Water-based, Solvent-based, Powder, and Others), By End-use Industry (Architectural Coatings, General Industrial Coatings, Powder Coatings, Wood Coatings, Automotive OEM Coatings, Automotive Refinish Coatings, Protective Coatings, Packaging Coatings, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the coating resins market size was USD 33,707.6 million in 2019 and is projected to reach USD 47,412.8 million by 2027, exhibiting a CAGR of 4.7% during the forecast period.
How Did We Create This Report?As customer expectations are changing, the aspirations of dealers are also transforming rapidly.
To provide our clients with detailed information, we have conducted extensive primary and secondary research.
We have thoroughly investigated each opportunity qualitatively and quantitatively so that our clients get a complete picture of both emerging and existing opportunities.
We have also conducted a techno-economic study.Drivers & Restraints-Increasing Need to Develop Environmental-compatible Processes to Boost GrowthNowadays, the availability of limited petrochemical resources and the rising environmental issues are resulting in the increasing research and development activities worldwide.
