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Coating resins provide specific protective attributes including resistance to alkali, corrosion, fire, and chemicals. In addition, coating resins exhibit fast drying, high gloss, color retention, good adhesion, stain resistance, and pigment dispersion properties when used in architectural applications. The increasing demand for coating resins in the building and construction industry is expected to drive market growth during the forecast period. Furthermore, the rising use of powder and water-based coating resins in the automotive industry is projected to further drive market growth in the coming years.<br><br>
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COATING RESINS MARKET 2020 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
COATING RESINS MARKET 2020 Coating Resins Market 2020: Industry Survey, Growth, CompetitiveLandscape and Forecasts to 2023 Coating resins are widely used in industrial, architectural, and automotive applications due to their resistance to ultraviolet degradation, excellent weatherability, superior abrasion resistance, high gloss, and excellent resistance to water, alcohol, chemicals, chemical fumes, corrosion, and discoloration from heating. Coating resins are present in primers, clearcoats, topcoats, adhesives, car refinishes, protective marine coatings, and plastic coatings, among others. The major factor driving the growth of the global coating resins market is increasing demand in the automotive and building and construction industries. In the automotive industry, coating resins are used in interior and exterior metal and plastic components, major structural metal pieces, under-the-hood components, car wheels, and door trim. Moreover, the growing use of water-based, UV-cured, and powder coatings in end-use industries due to environmental norms on VOC content is expected to boost product demand during the forecast period. www.marketresearchfuture.com
COATING RESINS MARKET 2020 Study Objectives of Coating Resins Market: • The global coating resins market has been segmented on the basis of type, coating technology, application, and region. • Based on type, the global coating resins market has been divided into acrylic, alkyd, epoxy, polyurethane, vinyl, and others. • By coating technology, the global coating resins market has been segmented into water-borne, solvent-borne, powder, UV-cured, and others. • On the basis of application, the global coating resins market has been segregated into industrial, automotive, architectural, packaging, electronics, and others. • The global coating resins market has been studied with respect to five key regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Enquiry of the Report: https://www.marketresearchfuture.com/enquiry/6478 www.marketresearchfuture.com
COATING RESINS MARKET 2020 Regional Analysis The global coating resins market has been studied with respect to five key regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific is expected to be the leading regional coating resins market during the forecast period. This is mainly due to rising demand in architectural applications coupled with the significant growth of the building and construction industry in developing economies such as India, China, and South Korea. Browse Report @ https://www.marketresearchfuture.com/reports/coating-resins-market-6478 www.marketresearchfuture.com
COATING RESINS MARKET 2020 Application & Major Players in this Research: Coating Resins Market Prominent Players: Some of the key players in the global coating resins market are Arkema SA (France), DowDuPont (US), BASF SE (Germany), Allnex Group (Germany), Wacker Chemie AG (Germany), Royal DSM NV (Netherlands), Aekyung Chemical Co. Ltd (South Korea), DIC Corporation (Japan), Tosoh Corporation (Japan), Westlake Chemical Corporation (US), Nippon Shokubai Co. Ltd (Japan), Neville Chemical Company (US), and Ferro Coating Resins (South Africa). Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/6478 www.marketresearchfuture.com
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