Press release
Coating Resins Market Systems - Global Industry Analysis 2020
The global coating resins market has reported a healthy growth in recent times. The rapid rise in the global automotive industry has fueled this market significantly. Rapid expansion of building and construction industries will also boost the global coating resins market over the period of 2014-2020.The global coating resins market is analyzed on the basis of types of coating resins, their application, the technologies employed, and the end users. Based on types, the market is segmented into the acrylics, vinyl, unsaturated polyesters, alkyds, urethanes, epoxies, and amino coating resins markets.
Get PDF Brochure for more Professional and Technical insights :
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3527
By technology, the worldwide coating resins market is classified into the markets for radiation cures/high solids, solvent-borne, water-borne, powder, and hybrid coating markets. Architectural coatings, adhesives, traffic paints, leather coatings, and industrial and proactive coatings are the key application segments and the automotive, building and construction, marine, electronics, and furniture industries are the key end users of the global coating resins market.
The global coating resins market is also evaluated on the basis of its regional distribution. North America, Asia Pacific, Europe, and the Rest of the World are the major regional markets for coating resins.
This research report on the global coating resins market presents an in-depth study of the current as well as the historical performance of this market. In addition, the research report analyzes the competitive landscape prevalent in the global coating resins market by profiling leading companies, key strategies, and upcoming projects of the major companies operating in this global market.
Overview of the Coating Resins Market
The demand for coating resins from the automotive industry is driving the global coating resins market. The infrastructural development in the emerging economies has also stimulated the demand for coating resins significantly.
Based on types, acrylics emerged as the leading segment in the global market for coating resins and the alkyds market stood at the second position in 2013. However, the market for urethanes is likely to register the fastest growth in the global arena over the forecast period.
The market for architectural coatings led the global coating resins application market in 2013, but analysts expect the industrial and proactive coatings market to report the highest development between 2014 and 2020. In addition, the building and construction industry is poised to emerge as the biggest end user for coating resins during the forecast period.
The coating resins markets in North America and Asia Pacific regions has witnessed the highest growth in recent times among other regional markets. The rising number of strategic initiatives taken by both the markets to efficiently capitalize on the existing opportunities have triggered the growth in these markets. The Asia Pacific coating resins market leads the global market at present.
The future of the global coating resins market looks thriving. However, the volatility of the raw material prices, coupled with the availability of substitutes in abundance, is likely to hamper the growth of this market during the forecast period.
Companies mentioned in the research report
The major participants in the global market for coating resins are Momentive Specialty Chemicals, Inc., Royal DSM N.V., Bayer AG, The Valspar Corp., Nuplex Industries Ltd., The Dow Chemical Co., BASF SE, Arkema S.A., PCCR USA Inc., Allnex Belgium SA/NV, Worldwide Resins & Chemicals Sdn Bhd, PT. Inawan Chemtex Sukses Abadi, DIC Corp., Royal Chemie Indonesia Tbk, Akzo Nobel N.V., PT. Citra Resins Ind., PT. Diachem Resins Indonesia, and Eternal Resin Co. Ltd.
Major regions analyzed under this research report are:
Europe
North America
Asia Pacific
Rest of the World
This report gives you access to decisive data such as:
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for the coming years
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
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 Coating Resins Market Systems - Global Industry Analysis 2020 here
News-ID: 427506 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Resin
Alkyd Resin Market
The "Alkyd Resin Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Alkyd Resin Market, 2024-2031
Verified Market Research's most recent report, "Alkyd Resin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination…
Water Based Amino Resin Market Size, Share and Forecast By Key Players-BASF, Hex …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Water Based Amino Resin market is anticipated to grow at a compound annual growth rate (CAGR) of 16.58% between 2024 and 2031. The market is expected to grow to USD 68 Billion by 2024. The valuation is expected to reach USD 199.02 Billion by 2031.
The market for water-based amino resin is expanding rapidly due to the growing…
Solvent Based Amino Resin Market Size, Share and Forecast By Key Players-BASF, A …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Solvent Based Amino Resin market is anticipated to grow at a compound annual growth rate (CAGR) of 16.57% between 2024 and 2031. The market is expected to grow to USD 45.6 Billion by 2024. The valuation is expected to reach USD 133.38 Billion by 2031.
The market for solvent-based amino resin is expanding significantly due to its extensive…
Alkyd Resin Market
According to the latest research report published by Market Data Forecast, the global alkyd resin market is expected to grow at a CAGR of 3.32% during the forecast period 2024-2029. The market value was at USD 2.89 billion in 2023, and the value is expected to reach USD 3.52 billion by the end of 2029.
Alkyd resin is the oil-modified complex polyester that acts as a film-forming agent in paints and…
Composite Resin
According to a new market research report published by Global Insight Services "Composite Resin Market" is expected to grow by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Download Sample of Report : https://www.globalinsightservices.com/request-sample/GIS20852
Composite resin…
Polyethylene Naphthalate Resin (PEN Resin) Market 2022 | Detailed Report
The research reports on "Polyethylene Naphthalate Resin (PEN Resin) Market" report gives detailed overview of factors that affect global business scope. Polyethylene Naphthalate Resin (PEN Resin) Market report shows the latest market insights with upcoming trends and breakdowns of products and services. This report provides statistics on the market situation, size, regions and growth factors. An exclusive data offered in this report is collected by research and industry experts team.
Download…
