The market size for coating resins is projected to grow from USD 42.4 billion in 2021 to USD 51.4 billion by 2026, at a CAGR of 4.0% in the forecast period 2021-2028.
Increased demand from construction and automotive industries, a surge in investments in the infrastructure sector, demand for eco-friendly coating systems, and a rise in the purchasing power of consumers are some of the factors that have supported long-term expansion for Coating Resins Market.
Coating Resins Market is segmented into type, technology, application and geography.
Type segment is segmented into acrylic, alkyd, vinyl, polyurethane, epoxy, unsaturated polyester, and saturated polyester and amino.
Technology segment is segmented into waterborne coatings, solvent-borne coatings and powder coatings.
Application segment is segmented into architectural coatings, marine & protective coatings, general industrial coatings, automotive coatings, wood coatings, packaging coatings and coil coatings.
Geographically, Coating Resins Market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
Key players in Coating Resins Market are Arkema (France), BASF SE (Germany), Covestro (Germany), Allnex Netherlands B.V. (Germany), The Sherwin-Williams Company (US), Dow Inc. (US), Evonik Industries AG (Germany), Polynt-Reichhold (Italy), Huntsman International LLC. (US), and Mitsubishi Chemical Corporation (Japan)
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Report Feature |
Descriptions |
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Market Revenue In 2021 |
USD 42.4 billion |
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Growth Rate |
CAGR of 4.0% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
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Report Segmentation |
type, technology, application and geography |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Arkema (France), BASF SE (Germany), Covestro (Germany), Allnex Netherlands B.V. (Germany), The Sherwin-Williams Company (US), Dow Inc. (US), Evonik Industries AG (Germany), Polynt-Reichhold (Italy), Huntsman International LLC. (US), and Mitsubishi Chemical Corporation (Japan) |
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Available Customization |
In addition to the market data for Coating Resins Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
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