City of Industry, CA -- (SBWIRE) -- 07/13/2018 -- This report studies the Coating Resins market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

High performance coatings , automotive, and wood coating applications are estimated to witness the best growth prospects for coating resins. High performance coatings include yacht, marine, and aerospace coatings, where there is an increase in demand for green coating products along with improved performance and durability. The use of green coating is expected to help in reducing the costs in the aerospace industry. The marine coatings market is strongly dependent on new building activity, while maintenance and repair is a less cyclical business.

The biggest market for coating resins is Asia-Pacific, followed by Western Europe and North America. It is estimated that Western Europe will record a moderate growth due to strong regulations for coating resins. Factors such as huge and increasing addressable population base, rapidly growing construction activity, and increase in the number of automobiles, wooden furniture, and other electronic appliances are driving the growth of the Asia-Pacific coating resins market.

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Acrylic resin is the fastest-growing coating resin. It is used in a wide range of applications for their chemical characteristics and unique aesthetic properties. Currently, the strongest demand for acrylic resins comes from the automotive, medical device, paints & coatings, adhesive & sealant, and construction & architecture industries. Besides acrylic, epoxy and polyurethane coating resins are also high growth segments in the market.

The global Coating Resins market was 27200 million US$ in 2017 and is expected to 41200 million US$ by the end of 2025, growing at a CAGR of 5.3% between 2018 and 2025.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Coating Resins in these regions, from 2013 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Allnex Belgium SA/Nv

Arkema S.A.

BASF SE

Bayer AG

Momentive Specialty Chemicals, Inc.

Nuplex Industries Ltd.

Royal DSM N.V.

The DOW Chemical Company

The Valspar Corporation

PCCR USA Inc.

By the product type, the market is primarily split into

Acrylic

Alkyd

Vinyl

Polyurethane

Epoxy

Amino

Unsaturated Polyester

Saturated Polyester

Others

By the end users/application, this report covers the following segments

Architectural Coatings

Automotive Coatings

General Industrial Coatings

High Performance Coatings

Wood Coatings

Packaging Coatings

Others

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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.