Press release
๐๐จ๐๐ญ๐ข๐ง๐ ๐๐๐ฌ๐ข๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ 2024, Industry Trends, Size, Share, Growth and Forecast Till 2032
๐ ๐จ๐ซ ๐๐ง ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐ฒ๐จ๐ฎ ๐๐๐ง ๐ซ๐๐๐๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/coating-resins-market/requestsample
๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐๐๐๐๐ญ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐๐ฌ๐ข๐ง๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
โข ๐๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐๐ ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ข๐ฅ๐ข๐ญ๐ฒ:
A significant driver of the coating resins market is the increasing stringency of environmental regulations. Governments worldwide are imposing stricter controls on volatile organic compound (VOC) emissions, which is leading to a shift towards water-based and high solids resins. These resins emit lower VOCs compared to their solvent-based counterparts. Additionally, there is a growing emphasis on sustainability, with manufacturers increasingly focusing on bio-based resins. These environment-friendly alternatives are derived from renewable resources and offer reduced carbon footprints, aligning with the global push for sustainability.
โข ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ฌ๐ญ๐ก๐๐ญ๐ข๐๐ฌ:
Changing preferences and the importance of aesthetics are positively influencing the coating resins market. People today are more aware of the environmental impact of products they use, inclining towards eco-friendly coatings. Additionally, the increasing focus on aesthetics, with individuals demanding coatings that offer protection and visual appeal, is propelling the growth of the market. Furniture and decorative coatings are another area where aesthetics are paramount. People look for coatings that not only protect furniture but also enhance its visual appeal. This is driving innovation in the development of coatings that can mimic various wood grains, textures, and colors, allowing furniture manufacturers to create visually stunning pieces.
โข ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ:
Innovations in resin technology are leading to the development of products with enhanced properties, such as improved durability, weather resistance, and faster curing times. This technological progression is expanding the application scope of coating resins, catering to more demanding and specialized industrial applications. Moreover, the integration of nanotechnology in resin formulations is resulting in superior performance characteristics. Nanoparticles can be incorporated into resin formulations to enhance specific properties like scratch resistance, self-cleaning capabilities, and antimicrobial properties. This technology has opened up new possibilities in various sectors, including automotive, marine, and construction coatings.
๐๐๐๐๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐๐ฌ๐ข๐ง๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
โข Allnex (PTT Global Chemical Public Company Limited)
โข Arkema S.A.
โข BASF SE
โข Covestro AG
โข Dow Inc.
โข Evonik Industries AG
โข Hexion Inc.
โข Huntsman Corporation
โข Mitsubishi Chemical Holdings Corporation
โข Polynt S.p.A.
โข The Sherwin-Williams Company.
๐๐จ๐๐ญ๐ข๐ง๐ ๐๐๐ฌ๐ข๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ฒ๐ฉ๐:
โข Acrylic
โข Epoxy
โข Polyurethane
โข Alkyd
โข Vinyl
โข Polyester
โข Others
Acrylic represents the largest segment due to its effectiveness and affordability.
๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:
โข Water-based Coatings
โข Solvent-borne Coatings
โข Powder Coatings
โข Others
Water-based coating accounted for the biggest market share as they are environment-friendly and easily available.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
โข Architectural
โข Industrial
โข Protective and Marine
โข Automotive OEM
โข Vehicle Refinish
โข Others
Architectural accounts for the majority of the market share due to their dependence on aesthetic coatings to retain the functionality of structures.
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
โข North America (U.S. & Canada)
โข Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
โข Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
โข Latin America (Brazil, Mexico)
โข Middle East & Africa
Asia Pacific's dominance in the coating resins market is attributed to substantial investment in research and development (R&D), leading to the production of coatings integrated with nanoparticles.
๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐๐ฌ๐ข๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The development of smart and functional coatings is a direct result of technological advancements in resin chemistry. These coatings can respond to environmental stimuli, such as temperature, light, and pH, changing their properties in response. Electronic gadgets and devices are often coated with resins that provide not only protection but also a sleek and visually pleasing finish. The demand for slim and stylish electronic products is prompting manufacturers to invest in coatings that contribute to the overall aesthetics of their devices.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐: https://www.imarcgroup.com/coating-resins-market
๐๐จ๐ญ๐: ๐๐ ๐ฒ๐จ๐ฎ ๐ง๐๐๐ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ญ๐ก๐๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐๐ฌ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐ญ๐ก๐๐ซ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/agricultural-testing-market
๐๐ฎ๐๐๐๐ซ ๐๐๐๐ข๐ญ๐ข๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/rubber-additives-market
๐๐๐ฅ๐ฆ ๐๐๐ซ๐ง๐๐ฅ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/palm-kernel-oil-market
๐๐ข๐ญ๐ก๐ข๐ฎ๐ฆ ๐๐ฎ๐ฅ๐๐ฎ๐ซ ๐๐๐ญ๐ญ๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/lithium-sulfur-battery-market
๐๐ง๐ฌ๐๐๐ญ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/insect-protein-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release ๐๐จ๐๐ญ๐ข๐ง๐ ๐๐๐ฌ๐ข๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ 2024, Industry Trends, Size, Share, Growth and Forecast Till 2032 here
News-ID: 3331908 • Views: โฆ
More Releases from IMARC Group
Retirement Planning Services Business Plan 2025: Market Overview and Investment โฆ
IMARC Group's "Retirement Planning Services Business Plan and Project Report 2025: Industry Trends, Business Setup, Revenue Model, Investment Opportunities, Income, Expenses, and Profitability" delivers a complete framework for establishing and managing a profitable retirement planning services firm. This report provides detailed insights into market trends, investment opportunities, financial forecasts, and operational models. It serves as a vital tool for entrepreneurs, consultants, and investors aiming to evaluate business feasibility or enhanceโฆ
Indonesia Facility Management Market Overview & Statistics, Size, Share, Industr โฆ
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Facility Management Market Report by Facility Management Type (Inhouse Facility Management, Outsourced Facility Management), Offering Type (Hard FM, Soft FM), End User (Commercial, Institutional, Public/Infrastructure, Industrial, Others), and Region 2025-2033," the report presents a thorough review featuring the Indonesia facility management market share, growth, trends, and research of the industry.
Market Size & Future Growth Potential:
The Indonesiaโฆ
Singapore Logistics Market Statistics & Trends, Outlook, Size, Share, Industry A โฆ
As indicated in the latest market research report published by IMARC Group, titled "Singapore Logistics Market Report by Model Type (2 PL, 3 PL, 4 PL), Transportation Mode (Roadways, Seaways, Railways, Airways), End Use (Manufacturing, Consumer Goods, Retail, Food and Beverages, IT Hardware, Healthcare, Chemicals, Construction, Automotive, Telecom, Oil and Gas, Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. Itโฆ
Milk Processing Plant Setup in India 2025: Business Plan, Opportunities, Cost, a โฆ
Overview: Expanding Opportunities in India's Dairy Processing Sector
India's dairy industry is witnessing unprecedented growth, driven by rising consumption of milk and milk-based products, increasing urbanization, and government initiatives supporting rural dairy development. Within this expanding sector, the establishment of a milk processing plant presents a promising business opportunity for entrepreneurs and investors. Milk processing is a crucial component of the dairy value chain, transforming raw milk into products such asโฆ
More Releases for Coatings
Cooling Coatings: Low Temperature Powder Coatings Surge
The Business Research Company recently released a comprehensive report on the Global Low Temperature Powder Coatings Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Freeโฆ
Industrial Coatings Market Demand Analysis by Silicone, Ceramic, Formaldehyde, R โฆ
Download Free PDF Brochure of Industrial Coatings: Technologies Now at
http://www.rnrmarketresearch.com/contacts/request-sample?rname=1809244 .
The industrial coatings market has grown significantly during the past few years and is expected to grow at a more rapid pace in the next five years. The market continues to expand; new technological developments and industry changes have taken place. Demand is expected to increase due to a broad range of uses in the machinery, equipment, appliance, wood, coilโฆ
Powder Coatings Market to 2023 : BASF Coatings, Bayer Materials Science, DOW Che โฆ
Researchmoz added Most up-to-date research on "Powder Coatings: Materials, Technologies and Applications" to its huge collection of research reports.
"Summary
The global market for powder coatings was nearly REDACTED in 2016 and over REDACTED in 2017, increasing to a projected REDACTED in 2022, a CAGR of REDACTED between 2017 and 2022. The total value of the powder coating market, including powder materials, coating equipment, and services, was nearly REDACTED in 2016โฆ
Global Acrylics Coatings Market By Type: Water-based Acrylics Coatings and Solve โฆ
Researchmoz added Most up-to-date research on "Global Acrylics Coatings Market By Type: Water-based Acrylics Coatings and Solvent-based Acrylics Coatings" to its huge collection of research reports.
This report researches the worldwide Acrylics Coatings market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Acrylics Coatings breakdown data by manufacturers, region, type and application, also analyzes theโฆ
Global Marking Coatings Market 2018| Sherwin Williams, Diamond Vogel, NCP Coatin โฆ
Albany, NY, 27th August : Recent research and the current scenario as well as future market potential of "Global Marking Coatings Market Professional Survey Report 2018" globally.
This report studies the global Marking Coatings market status and forecast, categorizes the global Marking Coatings market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia andโฆ
United States Paint and Coatings Market, 2017: By Product Types - Waterborne Coa โฆ
Researchmoz added Most up-to-date research on "United States Paint and Coatings Market, 2017: By Product Types - Waterborne Coatings, High-solids Coatings, Powder Coatings & Others" to its huge collection of research reports.
This report studies sales (consumption) of Paint and Coatings in United States market, focuses on the top players, with sales, price, revenue and market share for each player, covering
PPG
Akzo Nobel
Kansai Paint
Nippon Paint
BASF
Axalta (formerly DuPont)
Chugoku Marine Paint
Valspar
Sherwin-Williams
Hempel
Market Segment by States,โฆ
