Coating Resins Market evaluates the market share held by the key Players of the industry and offers a full assessment of the competitive landscape. This market is fragmented into different segments with the insightful analysis of each segment with respect to the geography for the study period. Based on the historical data, the report evaluation future prospects and provides the market trends, size, growth, and estimation for the period 2018-2025.
Coating resins are powdered coatings basically made from synthetic material resin. Resin coatings are applied instead of paints to wood or metal surface with a static electric charge. These coating are prepared from raw materials like polyester, nylon and epoxy and acrylics. Thermoplastic powders, radiation cured powders and thermosetting powders are three major coating powder materials from which coating resins can be produced. Coating resins find a wide range of application in the consumer electronic appliances, metal coating, construction and automotive spare parts.
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Global coating resins market is categorized on the basis of technology into waterborne, high solids/radiation cures and powder, solvent borne and others (including hybrid technology, etc.). Products segment global coating resins market into alkyds, epoxies, urethanes, unsaturated polyesters and others (including amino coating resins, etc.). This report is further segmented on the basis of end use as marine, furniture, automotive, electronics, building & construction and others including aerospace, etc.).
Construction is the major end-user segment dominating the rapid growth of the global coating resins market. Increased demand for high quality furniture from rich aspects of the modern society significantly boosts growth of this market. Coating resins provide an aesthetic appeal to wooden furniture and metal spare parts of automotive. This in turn is expected to upsurge the global coating resins market for the forecast. Increased demand for secure electronic appliance and wires is expected to open key opportunities for this market. Growth of the aerospace and marine industry is further expected to empower market growth for the forecast.
Major player assessed in the report are:
- PCCR USA
- BASF SE
- Allnex
- Evonik
- Royal DSM N.V.
- Bayer A.G.
- Nuplex Industries Ltd.
- Dow Chemical
- Arkema Coating resins
- Other
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
Segmentations In Report:
1. Coating Resins By Product:
- Acrylics
- Alkyds
- Epoxies
- Unsaturated Polyesters
- Urethanes
2. Coating Resins By Technology:
- Solvent Borne
- Waterborne
- High Solids/Radiation Cures
- Powder
- Others (Including Hybrid Technology, Etc.)
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