Business Industry

Worldwide Coating Resins market is valued at 27.2 Billion US$ in 2018 & demand to cross 41.2 Billion US$ by the end of 2025, growing at a CAGR of 5.3% during 2019-2025 | Industry Leaders Covered | Allnex Belgium SA/Nv, Arkema S.A., BASF SE, Bayer AG, Momentive Specialty Chemicals, Inc., Nuplex Industries Ltd., Royal DSM N.V., The DOW Chemical Company, The Valspar Corporation, PCCR USA Inc.|

Press Release

High performance coatings , automotive, and wood coating applications are estimated to witness the best growth prospects for coating resins. High performance coatings include yacht, marine, and aerospace coatings, where there is an increase in demand for green coating products along with improved performance and durability. The use of green coating is expected to help in reducing the costs in the aerospace industry. The marine coatings market is strongly dependent on new building activity, while maintenance and repair is a less cyclical business.
The biggest market for coating resins is Asia-Pacific, followed by Western Europe and North America. It is estimated that Western Europe will record a moderate growth due to strong regulations for coating resins. Factors such as huge and increasing addressable population base, rapidly growing construction activity, and increase in the number of automobiles, wooden furniture, and electronic appliances are driving the growth of the Asia-Pacific coating resins market.
Acrylic resin is the fastest-growing coating resin. It is used in a wide range of applications for their chemical characteristics and unique aesthetic properties. Currently, the strongest demand for acrylic resins comes from the automotive, medical device, paints & coatings, adhesive & sealant, and construction & architecture industries. Besides acrylic, epoxy and polyurethane coating resins are also high growth segments in the market.

The global Coating Resins market is valued at 27200 million US$ in 2018 is expected to reach 41200 million US$ by the end of 2025, growing at a CAGR of 5.3% during 2019-2025.
This report focuses on Coating Resins volume and value at global level, regional level and company level. From a global perspective, this report represents overall Coating Resins market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The report includes an in-depth analysis of the competitive landscape of this business vertical, constituting manufacturers like:
Allnex Belgium SA/Nv
Arkema S.A.
BASF SE
Bayer AG
Momentive Specialty Chemicals, Inc.
Nuplex Industries Ltd.
Royal DSM N.V.
The DOW Chemical Company
The Valspar Corporation
PCCR USA Inc.

Market Segment by Regions includes:
North America
Europe
China
Japan

Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Acrylic
Alkyd
Vinyl
Polyurethane
Epoxy
Amino
Unsaturated Polyester
Saturated Polyester

By Industrial Application, the market can be split into:
Architectural Coatings
Automotive Coatings
General Industrial Coatings
High Performance Coatings
Wood Coatings
Packaging Coatings

Market Segment by Regions includes:

  • North America (the USA, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America
  • Middle East and Africa.

Browse contents of Global Coating Resins Market Research Report 2019

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Joseph Anthony Jones
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UK: +44 330 808 0580