Coating Resins Market to Witness Huge Growth by 2030 | Allnex, Covestro, Eastman Chemical Company
Vishwanath Kalkundrikar
Web Analyst - Team Lead | Digital Marketing | SEO, Google Analytics
The latest study released on the?Global Coating Resins Market?by HTF MI Research evaluates market size, trend, and forecast to 2030. The Coating Resins market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report Include:
BASF SE (Germany), Dow Chemical Company (United States), Arkema Group (France), Allnex (Germany), Covestro (Germany), Eastman Chemical Company (United States), Evonik Industries AG (Germany), DSM (Netherlands), Nippon Paint Holdings Co., Ltd. (Japan), PPG Industries (United States) are some of the key players in study coverage. Additionally, the players who are also part of the research are Sherwin-Williams Company (United States), Axalta Coating Systems (United States), Hexion (United States), RPM International Inc. (United States), Valspar Corporation (United States), Altana AG (Germany), Solvay (Belgium), Akzo Nobel N.V. (Netherlands).
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The Global Coating Resins market was valued at USD 56.6 Billion in 2024 and is expected to reach USD 93.2 Billion by 2030, growing at a CAGR of 5.7 % during 2024-2030.
Definition:
The Coating Resins Market encompasses the production, distribution, and consumption of various types of resins used in the formulation of coatings and paints. These resins are crucial components in coatings, providing them with essential properties such as adhesion, durability, gloss, and chemical resistance. The market involves a wide range of resins, including acrylic, epoxy, polyurethane, alkyd, polyester, and others, each offering unique characteristics suited for specific applications and performance requirements.
Market Drivers:
·???????? Growth in Construction and Infrastructure
·???????? Automotive Industry Expansion
Market Opportunity:
·???????? Growing awareness of environmental sustainability creates opportunities for eco-friendly coating resins, such as waterborne and powder coatings,
·???????? Rapid industrialization and urbanization in emerging economies
Market?Restraints:
·???????? Stringent regulations regarding volatile organic compound (VOC) emissions and hazardous chemicals
·???????? Fluctuating Raw Material Prices
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Major Highlights of the?Coating Resins?Market report released by HTF MI Global Coating Resins Market Breakdown by Application (Architectural coatings, Automotive coatings, Industrial coatings, Wood coatings) by Resin Type (Acrylic, Epoxy, Polyurethane, Alkyd, Vinyl, Polyester resins) by Technology Type (Waterborne, Solventborne, Powder coating, UV-cured systems) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Global Coating Resins market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
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Major highlights from Table of Contents:
Key Points Covered in Coating Resins Market Report:
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Key questions answered
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About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.
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Contact Us: Vishwanath Kalkundrikar (Web Analyst - Team Lead) HTF Market Intelligence Consulting Private Limited Phone: +15075562445 [email protected]