According to a market report by Lucintel, the future of the global coating resins market looks promising with opportunities in the automotive, architecture, and wind energy market. The global coating resins market is expected to reach an estimated $38 billion by 2030 from $57 billion in 2023 at a CAGR of 6% from 2023 to 2030. The major drivers for this market are increasing preference for environmentally friendly and sustainable products, rapid industrialization and urbanization, and technological advancements and innovations.
Browse 140 figures/charts and 97
tables in this 205-page report to understand trends, opportunity and forecast in coating resins market to 2030 by application
(automotive, architectural, wood, general industrial, and packaging), resin
type (epoxy, polyurethane, alkyd, vinyl and acrylic), technology (waterborne
and solvent borne) and region (North America, Europe, Asia Pacific and the Rest
of the World).
Lucintel
forecasts that in this market, automotive will remain the largest application
supported by growing automotive production and increasing focus on lightweight
materials.
Epoxy
based coating resins will remain the largest segment over the forecast period
supported by its high performance characteristics and it is also expected to
witness the highest growth over the forecast period.
Download
sample by clicking on coating resins
market.
Asia
Pacific is expected to remain the largest market by value and volume. ROW is
expected to witness the highest growth over the forecast period because of
growing demand from construction and other end uses.
Arkema,
BASF, Covestro, ALLNEX, Dow are the major suppliers in the coating resins
market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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