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Coating Resins Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global coating resins market reached a value of US$ 36.90 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 47.94 Billion by 2027, exhibiting a CAGR of 4.12% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Coating resins are applied on the surface of different objects to achieve hardness and durability and abrasion, impact and chemical resistance. They have high ductility, water repellency, elegant and captivating aesthetic, quick cleaning capabilities, and no strong or unpleasant odors. They assist in updating vintage furniture and furnishing items, such as pellet stoves and fireplaces. At present, coating resins are used to extend the life of concrete floors in industrial facilities, warehouses, and logistic centers. They also find extensive applications in automotive, construction, and aerospace industries across the globe.

Coating Resins Market Trends:

At present, there is a rise in the demand for architectural coatings due to increasing residential and commercial constructions around the world. This, along with the growing utilization of roadway markings, such as zebra crossing and lane changing for the safety of the masses, represents one of the key factors driving the market. In addition, there is an increase in the employment of coating resins to protect wooden structures from pests and humid conditions. This, coupled with the escalating demand for these resins in passenger cars and light and heavy-duty commercial vehicles to achieve mechanical strength, adhesion to metals, and heat resistance, is propelling the growth of the market. Apart from this, the growing use of coating resins in electrical wires to provide electrical insulation is positively influencing the market. Besides this, key market players are extensively investing in research and development (R&D) activities to introduce green coating resins to develop environment-friendly products. They are also focusing on introducing water-based alkyd technologies. These innovations are projected to bolster the growth of the market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global coating resins market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, technology and application.

Breakup by Type:

  • Acrylic
  • Epoxy
  • Polyurethane
  • Alkyd
  • Vinyl
  • Polyester
  • Others
     

Breakup by Technology:

  • Water-based Coatings
  • Solvent-borne Coatings
  • Powder Coatings
  • Others
     

Breakup by Application:

  • Architectural
  • Industrial
  • Protective and Marine
  • Automotive OEM
  • Vehicle Refinish
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Allnex (PTT Global Chemical Public Company Limited), Arkema S.A., BASF SE, Covestro AG, Dow Inc., Evonik Industries AG, Hexion Inc., Huntsman Corporation, Mitsubishi Chemical Holdings Corporation, Polynt S.p.A. and The Sherwin-Williams Company.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Technology, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Allnex (PTT Global Chemical Public Company Limited), Arkema S.A., BASF SE, Covestro AG, Dow Inc., Evonik Industries AG, Hexion Inc., Huntsman Corporation, Mitsubishi Chemical Holdings Corporation, Polynt S.p.A. and The Sherwin-Williams Company.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global coating resins market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global coating resins market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global coating resins market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Coating Resins Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Acrylic
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Epoxy
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Polyurethane
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Alkyd
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Vinyl
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Polyester
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Others
        6.7.1 Market Trends
        6.7.2 Market Forecast
7    Market Breakup by Technology
    7.1    Water-based Coatings
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Solvent-borne Coatings
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Powder Coatings
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by Application
    8.1    Architectural
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Industrial
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Protective and Marine
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Automotive OEM
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Vehicle Refinish
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Allnex (PTT Global Chemical Public Company Limited)
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Arkema S.A. 
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    BASF SE
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Covestro AG
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Dow Inc.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
        14.3.6    Evonik Industries AG
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Hexion Inc. 
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Huntsman Corporation
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Mitsubishi Chemical Holdings Corporation
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    Polynt S.p.A.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 SWOT Analysis
        14.3.11    The Sherwin-Williams Company
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis

List of Figures

Figure 1: Global: Coating Resins Market: Major Drivers and Challenges
Figure 2: Global: Coating Resins Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Coating Resins Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Coating Resins Market: Breakup by Type (in %), 2021
Figure 5: Global: Coating Resins Market: Breakup by Technology (in %), 2021
Figure 6: Global: Coating Resins Market: Breakup by Application (in %), 2021
Figure 7: Global: Coating Resins Market: Breakup by Region (in %), 2021
Figure 8: Global: Coating Resins (Acrylic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Coating Resins (Acrylic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Coating Resins (Epoxy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Coating Resins (Epoxy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Coating Resins (Polyurethane) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Coating Resins (Polyurethane) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Coating Resins (Alkyd) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Coating Resins (Alkyd) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Coating Resins (Vinyl) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Coating Resins (Vinyl) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Coating Resins (Polyester) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Coating Resins (Polyester) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Coating Resins (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Coating Resins (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Coating Resins (Water-based Coatings) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Coating Resins (Water-based Coatings) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Coating Resins (Solvent-borne Coatings) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Coating Resins (Solvent-borne Coatings) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Coating Resins (Powder Coatings) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Coating Resins (Powder Coatings) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Coating Resins (Other Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Coating Resins (Other Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Coating Resins (Architectural) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Coating Resins (Architectural) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Coating Resins (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Coating Resins (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Coating Resins (Protective and Marine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Coating Resins (Protective and Marine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Coating Resins (Automotive OEM) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Coating Resins (Automotive OEM) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Coating Resins (Vehicle Refinish) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Coating Resins (Vehicle Refinish) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Coating Resins (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Coating Resins (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: North America: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: North America: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: United States: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: United States: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Canada: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Canada: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Asia-Pacific: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Asia-Pacific: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: China: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: China: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Japan: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Japan: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: India: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: India: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: South Korea: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: South Korea: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Australia: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Australia: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Indonesia: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Indonesia: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Others: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Others: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Europe: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Europe: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Germany: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Germany: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: France: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: France: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: United Kingdom: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: United Kingdom: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Italy: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Italy: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Spain: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Spain: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Russia: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Russia: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Latin America: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Latin America: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Brazil: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Brazil: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Mexico: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Mexico: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Others: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Others: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Middle East and Africa: Coating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Middle East and Africa: Coating Resins Market: Breakup by Country (in %), 2021
Figure 90: Middle East and Africa: Coating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Global: Coating Resins Industry: SWOT Analysis
Figure 92: Global: Coating Resins Industry: Value Chain Analysis
Figure 93: Global: Coating Resins Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Coating Resins Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Coating Resins Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Coating Resins Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Coating Resins Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Coating Resins Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Coating Resins Market: Competitive Structure
Table 7: Global: Coating Resins Market: Key Players


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