"Coating Resins Market – Industry Trends and Forecast to 2028

Global Coating Resins Market, By Resin Type (Acrylic, Alkyd, Vinyl, Polyurethane, Epoxy, Unsaturated Polyester, Saturated Polyester, Amino), Technology (Waterborne Coatings, Solvent-Borne Coatings, Powder Coatings, Others), Application (Architectural Coatings, Marine and Protective Coatings, General Industrial Coatings, Automotive Coatings, Packaging Coatings, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

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**Segments**

- By Resin Type: Acrylic, Alkyd, Polyurethane, Epoxy, Vinyl, Unsaturated Polyester, Others
- By Formulation: Water-borne, Solvent-borne, Powder, High Solids
- By Application: Architectural Coatings, Industrial Coatings, Protective Coatings, Automotive Coatings, Wood Coatings, Packaging Coatings

Coating resins are essential components in the production of various coatings, providing properties such as adhesion, durability, and aesthetics. The market for coating resins can be segmented based on resin type, formulation, and application. In terms of resin type, the market is divided into acrylic, alkyd, polyurethane, epoxy, vinyl, unsaturated polyester, and others. Acrylic resins are widely used due to their excellent weather resistance and color retention properties. Alkyd resins are preferred for their fast drying and high gloss characteristics. Polyurethane resins offer exceptional durability and chemical resistance. Epoxy resins are known for their adhesion and corrosion protection. The market is also segmented by formulation into water-borne, solvent-borne, powder, and high solids. Water-borne formulations are environmentally friendly, while solvent-borne coatings offer high performance. Powder coatings are gaining popularity for their sustainability and application efficiency. High solids formulations reduce volatile organic compound (VOC) emissions. Furthermore, the market is categorized by application into architectural coatings, industrial coatings, protective coatings, automotive coatings, wood coatings, and packaging coatings.

**Market Players**

- Arkema
- BASF SE
- The Sherwin-Williams Company
- RPM International Inc.
- PPG Industries, Inc.
- Axalta Coating Systems
- DIC Corporation
- Allnex Netherlands B.V.
- Evonik Industries AG
- Covestro AG

Key players in the global coating resins market include Arkema, BASF SE, The Sherwin-Williams Company, RPM InternationalThe global coating resins market is highly competitive and is dominated by key players such as Arkema, BASF SE, The Sherwin-Williams Company, RPM International, and PPG Industries, Inc., among others. These companies are constantly focusing on research and development activities to introduce innovative products and solutions to cater to the evolving needs of the coatings industry. With the increasing emphasis on sustainability and environmental regulations, market players are also investing in eco-friendly formulations and technologies to reduce the environmental impact of coating resins.

Arkema, a leading global player, offers a wide range of coating resins catering to various applications such as architectural, industrial, and automotive coatings. The company's focus on sustainable solutions and technological advancements positions it as a key player in the market. BASF SE is another prominent player known for its extensive product portfolio and commitment to sustainable practices. The Sherwin-Williams Company is a well-established player with a strong presence in the architectural coatings segment. The company's focus on product innovation and customer-centric approach has helped it maintain a competitive edge in the market.

RPM International Inc., with its diverse portfolio of coating resins and specialty products, is a key player in the market. The company's strategic acquisitions and partnerships have helped it expand its market presence and offerings. PPG Industries, Inc., a global leader in coatings and specialty materials, is known for its technological expertise and customer-centric approach. The company's focus on product quality and innovation has helped it maintain a strong foothold in the market.

Axalta Coating Systems, DIC Corporation, Allnex Netherlands B.V., Evonik Industries AG, and Covestro AG are also significant players in the global coating resins market. These companies offer a wide range of products catering to various applications and end-user industries. With the increasing demand for high-performance coatings with enhanced durability and aesthetic appeal, market players are focusing on developing advanced formulations to meet the evolving requirements of customers.

Overall, the global coating resins market is witnessing significant growth**Segments**

- By Resin Type: Acrylic, Alkyd, Polyurethane, Epoxy, Vinyl, Unsaturated Polyester, Others
- By Formulation: Water-borne, Solvent-borne, Powder, High Solids
- By Application: Architectural Coatings, Industrial Coatings, Protective Coatings, Automotive Coatings, Wood Coatings, Packaging Coatings

Global Coating Resins Market Analysis:

The global coating resins market is experiencing steady growth, driven by the increasing demand for high-performance coatings across various industries. The market segmentation based on resin type, formulation, and application provides a comprehensive view of the diverse needs and preferences within the coatings industry. Acrylic resins lead the market due to their versatility and excellent weather resistance properties, while polyurethane resins are favored for their durability and chemical resistance. Epoxy resins are in demand for their adhesion and corrosion protection qualities. The formulation segment showcases the industry's shift towards environmentally friendly options like water-borne coatings and the rise in popularity of powder coatings for their sustainability benefits. The application segmentation highlights the wide range of industries that rely on coating resins for protection, aesthetics, and functionality.

Key Market Players:

The global coating resins market is highly competitive, with key players such as Arkema, BASF SE, The Sherwin-Williams Company, RPM International, and PPG Industries, Inc. dominating the industry. These major players focus on research and development to introduce innovative

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Coating Resins Market Landscape

Part 04: Global Coating Resins Market Sizing

Part 05: Global Coating Resins Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Coating Resins Key Benefits over Global Competitors:

• The report provides a qualitative and quantitative analysis of the Coating Resins Market trends, forecasts, and market size to determine new opportunities.
• Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Top impacting factors & major investment pockets are highlighted in the research.
• The major countries in each region are analyzed and their revenue contribution is mentioned.
• The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients

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