Coating Resins Market By Size, Share, Trends, Growth, Forecast 2027

Report Description

The global coating resin market is estimated to rise at an impressive rate through 2027. Coating resins are coating compounds consisting of separate elements such as resin and polyamine hardener (another catalyst). Coating resins are recognized for their exceptional mechanical properties, such as stiffness, resilience, abrasion, impact, and chemical endurance. These attributes make coating resin an ideal protective coating material for components in demanding industrial and home settings.

Increasing Demand from Construction & Automobile Industries to Foster Market Growth

The need and demand for merchandise by communities are shifting drastically due to the product's availability and growing population. Resin coating can reduce corrosive risk and improve the bond strength between resin and structures. Its characteristics like stiffness, resilience, abrasion, impact, and chemical endurance are better than its substitute method, like painting. As a result of above-mentioned characteristics, coating resins in witnessing increased demand from the construction and automotive sectors.

Supply Chain Disruption and Rising Inflation are Hindering Market Growth

The turmoil of geopolitical relationships, the indirect war between nations, and disturbance in the supply chain are critical factors that can hinder the market growth. The world is experiencing inflation which is supposed to rise in the future due to various factors. Thus, the global coating resin market is affected for this reason and is expected to face continuous obstructions in the coming few years.

Constant R&D for Creating More Applications Made Up of Coating Resin is Driving Growth

A product like saturated carboxylated polyester, acrylic elastomeric latex, Acrylic Polyol Emulsion, and other product are the innovation going on in the global coating resin market. Market requirement propels the marketer towards research and development for developing user-friendly and sustainable products with desired characteristics. For acquiring new customers, organizations are collaborating and acquiring expert companies to use their proficiencies and increase the market growth & revenue share.

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Market Segmentation

The global coating resins market is segmented based type, technology, and application. Based on type, market is divided into acrylic, alkyd, vinyl, polyurethane, epoxy, and others. Based on technology, market is divided into waterborne coatings, solvent-borne coatings, and powder coatings. Based on application, market is divided into architectural coatings, marine & protective coatings, general industrial coatings, automotive coatings, wood coatings, packaging coatings, and others. Based on company.

Market Players

The BASF SE, Covestro AG, Arkema S.A., Dow Chemical Company, Allnex USA Inc., Evonik Industries AG, The Sherwin-Williams Company, Huntsman International LLC, Mitsubishi Chemicals Corporation, Toray Industries, Inc. are the major market player in global coating resins market.

Attribute	Details
Base Year	2021
Historic Data	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Million, volume in ton, and CAGR for 2017-2021 and 2022-2027
Report coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments covered	· Type · Technology · Application
Regional scope	North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa
Country scope	United States; Canada; Mexico; China; India; Japan; Australia; South Korea; Germany; France; United Kingdom; Spain; Italy; Russia; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia.
Key companies profiled	BASF SE, Covestro AG, Arkema S.A., Dow Chemical Company, Allnex USA Inc., Evonik Industries AG, The Sherwin-Williams Company, Huntsman International LLC, Mitsubishi Chemicals Corporation, Toray Industries, Inc.
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global coating resins market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Global Coating Resins Market, by type:

Acrylic
Alkyd
Vinyl
Polyurethane
Epoxy
Others

Global Coating Resins Market, by technology:

Waterborne Coatings
Solvent-borne Coatings
Powder Coatings

Global Coating Resins Market, by application:

Architectural Coatings
Marine & Protective Coatings
General Industrial Coatings
Automotive Coatings
Wood Coatings
Packaging Coatings
Others

Global Coating Resins Market, By region:

North America

United States
Canada
Mexico

Asia-Pacific

China
India
Japan
Australia
South Korea

Europe & CIS

Germany
France
United Kingdom
Spain
Italy

South America

Brazil
Argentina
Colombia

Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global Coating Resins market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global coating resins market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Global Coating Resins Market

5. Voice of Customer

6. Global Coating Resins Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Type (Acrylic, Alkyd, Vinyl, Polyurethane, Epoxy, Others)

6.2.2. By Technology (Waterborne Coatings, Solvent-borne Coatings, Powder Coatings)

6.2.3. By Application (Architectural Coatings, Marine & Protective Coatings, General Industrial Coatings, Automotive Coatings, Wood Coatings, Packaging Coatings, Others)

6.2.4. By Region

6.2.5. By Company (2021)

6.3. Product Market Map

7. North America Coating Resins Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Type

7.2.2. By Technology

7.2.3. By Application

7.2.4. By Country

7.3. North America: Country Analysis

7.3.1. United States Coating Resins Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value & Volume

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Type

7.3.1.2.2. By Technology

7.3.1.2.3. By Application

7.3.2. Mexico Coating Resins Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value & Volume

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Type

7.3.2.2.2. By Technology

7.3.2.2.3. By Application

7.3.3. Canada Coating Resins Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value & Volume

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Type

7.3.3.2.2. By Technology

7.3.3.2.3. By Application

8. Europe Coating Resins Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Technology

8.2.3. By Application

8.2.4. By Country

8.3. Europe: Country Analysis

8.3.1. France Coating Resins Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value & Volume

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Type

8.3.1.2.2. By Technology

8.3.1.2.3. By Application

8.3.2. Germany Coating Resins Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value & Volume

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Type

8.3.2.2.2. By Technology

8.3.2.2.3. By Application

8.3.3. United Kingdom Coating Resins Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value & Volume

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Type

8.3.3.2.2. By Technology

8.3.3.2.3. By Application

8.3.4. Italy Coating Resins Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value & Volume

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Type

8.3.4.2.2. By Technology

8.3.4.2.3. By Application

8.3.5. Spain Coating Resins Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value & Volume

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Type

8.3.5.2.2. By Technology

8.3.5.2.3. By Application

9. Asia-Pacific Coating Resins Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Technology

9.2.3. By Application

9.2.4. By Country

9.3. Asia-Pacific: Country Analysis

9.3.1. China Coating Resins Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value & Volume

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Type

9.3.1.2.2. By Technology

9.3.1.2.3. By Application

9.3.2. India Coating Resins Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value & Volume

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Type

9.3.2.2.2. By Technology

9.3.2.2.3. By Application

9.3.3. South Korea Coating Resins Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value & Volume

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Type

9.3.3.2.2. By Technology

9.3.3.2.3. By Application

9.3.4. Japan Coating Resins Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1. By Value & Volume

9.3.4.2. Market Share & Forecast

9.3.4.2.1. By Type

9.3.4.2.2. By Technology

9.3.4.2.3. By Application

9.3.5. Australia Coating Resins Market Outlook

9.3.5.1. Market Size & Forecast

9.3.5.1.1. By Value & Volume

9.3.5.2. Market Share & Forecast

9.3.5.2.1. By Type

9.3.5.2.2. By Technology

9.3.5.2.3. By Application

10. South America Coating Resins Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Type

10.2.2. By Technology

10.2.3. By Application

10.2.4. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Coating Resins Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value & Volume

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Type

10.3.1.2.2. By Technology

10.3.1.2.3. By Application

10.3.2. Argentina Coating Resins Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value & Volume

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Type

10.3.2.2.2. By Technology

10.3.2.2.3. By Application

10.3.3. Colombia Coating Resins Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value & Volume

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Type

10.3.3.2.2. By Technology

10.3.3.2.3. By Application

11. Middle East and Africa Coating Resins Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value & Volume

11.2. Market Share & Forecast

11.2.1. By Type

11.2.2. By Technology

11.2.3. By Application

11.2.4. By Country

11.3. MEA: Country Analysis

11.3.1. South Africa Coating Resins Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value & Volume

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Type

11.3.1.2.2. By Technology

11.3.1.2.3. By Application

11.3.2. Saudi Arabia Coating Resins Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value & Volume

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Type

11.3.2.2.2. By Technology

11.3.2.2.3. By Application

11.3.3. UAE Coating Resins Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value & Volume

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Type

11.3.3.2.2. By Technology

11.3.3.2.3. By Application

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape

14.1. BASF SE

14.2. Covestro AG

14.3. Arkema S.A.

14.4. Dow Chemical Company

14.5. Allnex USA Inc.

14.6. Evonik Industries AG

14.7. The Sherwin-Williams Company

14.8. Huntsman International LLC

14.9. Mitsubishi Chemicals Corporation

14.10. Toray Industries, Inc.

Strategic Recommendations

Figures and Tables

Frequently asked questions

What are the major drivers for the global coating resins market?

Increasing demand from the construction & automobiles sector, especially in developing countries, are driving the demand for the global coating resins market.

Who are the top players operating in the global Coating Resins market?

BASF SE, Covestro AG, Arkema S.A., Dow Chemical Company, Allnex USA Inc., Evonik Industries AG, The Sherwin-Williams Company, Huntsman International LLC, Mitsubishi Chemicals Corporation, Toray Industries, Inc. are the key players operating in the global coating resins market.

Which application type is expected to dominate the global coating resins market in the forecast period?

Based on technology type, the market is divided into waterborne coatings, solvent-borne coatings, and powder coatings. The waterborne coatings segment is expected to lead the market segment in the forecast period.