As per the study initiated by Evolve Business Intelligence, the global Coating Resins Market size accounted for USD 19.5 Billion in 2022, growing at a CAGR of 5.2% from 2023 to 2030. Coating resins are essential components in the manufacturing of coatings and paints because they provide the film-forming properties, adhesion, durability, and protective qualities necessary for a wide range of applications.
The Coating Resins Market is influenced by factors such as the construction and automotive industries, as well as trends in consumer preferences for coatings and finishes. It also evolves in response to environmental regulations and advancements in resin technology, which may lead to the development of eco-friendly or high-performance coating resins.
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Key Highlights:
- The global Coating Resins Market size was valued at USD 19.5billion in 2022 growing at a CAGR of 5.2% from 2023 to 2030.
- North America dominated the market in 2022
- Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2030
Evolve Business Intelligence has published a new market research report on Global Coating Resins Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Coating Resins Market report also includes the following data points:
- COVID19 Impact on Coating Resins Market size
- End-User/Industry/Application Trend, and Preferences
- Government Policies/Regulatory Framework
- Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in Coating Resins Market
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Key Players
Some of the major Coating Resins Market players holding high market share Hexion Inc, Arkema Group, Bayer AG and The Sherwin-Williams Company. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
- Hexion Inc
- Arkema Group
- Bayer AG
- The Sherwin-Williams Company
- Allnex Group
- The Dow Chemical Company
- BASF SE
- Polynt SPA
- Royal DSM
Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Coating Resins Market:
- o Acrylic
- o Alkyd
Market Segment By Technology with focus on market share, consumption trend, and growth rate of Coating Resins Market:
- o Waterborne Coatings
- o Powder Coatings Solvent-borne Coatings
Market Segment By Application with focus on market share, consumption trend, and growth rate of Coating Resins Market:
- o Architectural Coatings
- o Packaging Coatings
| Parameters | Details |
| Market Size (2022) | $ 19.5 Billion |
| CAGR (2023 to 2030) | 5.2% |
| Market Segmentation | Type, Technology, Application |
| Country Covered | US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America |
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Global Coating Resins Market Geographic Coverage:
- North America
- o US
- o Canada
- o Mexico
- Europe
- o UK
- o Germany
- o France
- o Italy
- o Spain
- o Nordic Countries
- o Benelux
- o Rest of Europe
- Asia Pacific
- o China
- o Japan
- o India
- o South Korea
- o Indonesia
- o Malaysia
- o Australia
- o Rest of Asia Pacific
- Middle East and Africa
- o Saudi Arabia
- o UAE
- o Egypt
- o South Africa
- o Rest of MEA
- Latin America
- o Mexico
- o Brazil
- o Argentina
- o Rest of Latin America
Reasons to Buy this Report:
- Detail analysis of the impact of market drivers, restraints, and opportunities
- Competitive Intelligence providesan understanding of the ecosystem
- Details analysis of the Total Addressable Market (TAM) of your products
- Investment Pockets and New Business Opportunities
- Demand-supply gap analysis
- Strategy Planning
About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
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