According to a market report by Lucintel, the future of the global coating binders market looks promising with opportunities in the automotive coating, architectural coating, marine coating, and aerospace coating markets. The global coating binders market is expected to reach an estimated $13 billion by 2030 from $8 billion in 2024 at a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are growing construction and infrastructure development, rising focus towards eco-friendly and sustainable products, and technological advancements in coating formulations.
A more
than 150-page report to understand trends, opportunity and forecast in global coating
binders market to 2030 by type (natural coating binders and synthetic coating
binders), application (automotive coating, architectural coating, marine
coating, aerospace coating, and others), and region (North America, Europe,
Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category, natural coating binder is expected to
witness higher growth over the forecast period.
Within the
application category, automotive coating is expected to witness the highest
growth.
Download
sample by clicking on coating binders
market.
In terms
of regions, APAC is expected to witness the highest growth over the forecast
period.
DowDuPont,
Arkema, Solvay, DSM, Lubrizol, Synthomer, Huntsman are the major suppliers in
the coating binders 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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