The Global Coating Resins Market is projected to reach a value of over USD 52 billion by 2027 at a CAGR of around 4.5%.

Coating Resins are polymer or polymer latex materials that hold a coating formulation and provide adhesion to the substrate on which the coating is applied. It offers quick drying times, glosses retention, and superior weathering to coatings. Coating resins applied on the surface of the object to achieve hardness, corrosion resistance, weather resistance, and stain resistance. A liquid coating formulation consists of several other components such as pigments, additives, and solvents. Powder coating systems have a similar composition, except for the presence of solvents.

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Coating Resins Market: Drivers & Challenges

Market Driver:

  • Increasing Demand from End-Use Industry

Coating resins offers various advantages to the coatings such as reduce drying time, gloss retention, corrosion resistance, weather resistance, stain resistance and many other advantages. Due to these advantages, it gets widely used in the number of end-use industry such as in Automotive industry coating resins are used for heavy or light-duty vehicles as well as passenger cars to achieve mechanical strength, adhesion to metals, and heat resistance. Moreover, a growing trend of manufacturing furniture that is appealing and resists humidity and pests. Therefore, the furniture industry is increasingly using coating resins for varnish wooden structure. Thus, the increase in demand for coating resins from the various end-use industries has expected to boost the global coating resin market during the assessment period.

Market Restraint:

  • Fluctuating Cost of the Raw Materials

Several materials such as amino, polyester, cellulosic, silicone/polysiloxane, silicate and vinyl, and others can be used for the manufacturing of coating resins. Volatility in the prices of these materials is a major factor likely to hamper the market growth during the assessment period. The price fluctuations are attributed to the mining and extraction of the raw materials, which are dependent on geological and geopolitical factors. These are petroleum-based products, which add up the cost on account of the supply-demand gap of crude oil. Thus, the fluctuating cost of the raw material is expected to hamper the coating resins market.

Coating Resins Market: Key Segments

  • Segmentation based on Type: Acrylic, Epoxy, Polyurethane, Alkyd, Vinyl, Unsaturated Polyester Resins, Saturated Polyester Resins, and Others.
  • Segmentation based on technology: Waterborne, High Solid, Powder Coating, and Radiation Cured
  • Segmentation based on application: Architectural, Industrial, Protective & Marine, Automotive, Packaging, and Others
  • Segmentation based on region covers: North America, Asia-Pacific, Europe, Middle East & Africa and South America, with individual country-level analysis.

Coating Resins Market: Report Scope

The report on the Coating Resins market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered 

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List of the leading companies operating in the Coating Resins Market include:

  • Arkema SA (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • BASF SE
  • DSM
  • Allnex Netherlands B.V.
  • DOW
  • The Sherwin©Williams Company
  • Evonik Industries Ag
  • Polynt-Reichhold
  • Covestro
  • Huntsman International LLC.
  • Mitsubishi Chemical Corporation
  • Toray Industries, Inc.
  • Mitsui Chemicals, inc.
  • SOLVAY
  • EASTMAN
  • Dic Corporation
  • The Lubrizol Corporation
  • Momentive performance materials inc.
  • Celanese Corporation
  • Olin Corporation


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Coating Resins Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Coating Resins Market, by Type

  • Acrylic
  • Epoxy
  • Polyurethane
  • Alkyd
  • Vinyl
  • Unsaturated polyester resins
  • Saturated polyester resins
  • Others

Coating Resins Market, by Technology

  • Waterborne
  • High Solid
  • Powder Coating
  • Radiation Cured

Coating Resins Market, by Application

  • Architectural
  • Industrial
  • Protective & marine
  • Automotive OEM
  • Vehicle furnishes
  • Others


Coating Resins Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Table of Content:

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Rise in Demand for Green and Environment-Friendly Coating Systems
      2. Increasing Demand from End-Use Industry
    3. Restraint
      1. Fluctuating Cost of the Raw Materials
    4. Opportunities
      1. Potential Opportunities in Emerging Economies
      2. Development of Bio-Based Coatings
    5. Challenges
      1. Stringent Regulatory Policies
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL COATING RESINS MARKET BY TYPE, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. Introduction
    2. Acrylic
    3. Epoxy
    4. Polyurethane
    5. Alkyd
    6. Vinyl
    7. Unsaturated Polyester Resins
    8. Saturated Polyester Resins
    9. Others
  7. GLOBAL COATING RESINS MARKET BY TECHNOLOGY, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. Introduction
    2. Waterborne
    3. High Solid
    4. Powder Coating
    5. Radiation Cured
  8. GLOBAL COATING RESINS MARKET BY APPLICATION, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. Introduction
    2. Architectural
    3. General Industrial
    4. Protective & Marine
    5. Automotive
    6. Packaging
    7. Others
  9. GLOBAL COATING RESINS MARKET BY REGION, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    3. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  10. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  11. COMPANY PROFILES
    1. Arkema SA
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. BASF SE
    3. DSM
    4. Allnex Netherlands B.V.
    5. DOW
    6. The Sherwin©Williams Company
    7. Evonik Industries Ag
    8. Polynt-Reichhold
    9. Covestro
    10. Huntsman International LLC.
    11. Mitsubishi Chemical Corporation
    12. Toray Industries, Inc.
    13. Mitsui Chemicals, inc.
    14. SOLVAY
    15. EASTMAN
    16. Dic Corporation
    17. The Lubrizol Corporation
    18. Momentive performance materials inc.
    19. Celanese Corporation
    20. Olin Corporation
    21. Other Key Companies
  12. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options


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