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.
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.
This report is segmented by geography as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Asia pacific is the leading region for this market. Growth in the construction industry in India and China and increasing disposable incomes of consumers in these regions facilitate market growth of Asia Pacific. Europe and North America are mature markets with steady growth. Latin America is expected to be the region with high market growth over the forecast. Key players in the global coating market are PCCR USA, BASF, Allnex, Evonik, Royal DSM N.V., Bayer A.G., Nuplex Industries Limited, Dow Chemical, Arkema Coating resins and Momentive Specialty Chemicals, Inc.
Decision Databases is involved in providing research reports and company profiles in the global coating resins market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The coating resins market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our coating resins profiles.
SEGMENTATIONS IN REPORT:
Coating Resins By Product
1. INTRODUCTION TO THE COATING RESINS
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF COATING RESINS
4. COATING RESINS MARKET ANALYSIS BY PRODUCT
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