Coating Resins Market Research worth 38.15 Billion USD by 2020

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MarketsandMarkets Presents
Coating Resins Market Research worth 38.15
Billion USD by 2020
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• The report "Coating Resins Market by Type
  (Acrylic, Alkyd, Vinyl, PU, Epoxy, Amino, UPR,
  SPR Others), by Technology (Waterborne, Powder,
  High Solvents, High Solids, UV Cure), by
  Application (Architectural, Automotive, Wood,
  Others) - Global Forecast to 2020", The coating
  resins market was valued at USD 29.03 Billion in
  2015 and is projected to reach USD 38.15 Billion
  by 2020, at a CAGR of 5.61 between 2015 and
  2020.
• Browse 99 market tables and 67 figures spread
  through 202 pages and in-depth TOC on "Coating
  Resins Market by Type (Acrylic, Alkyd, Vinyl, PU,
  Epoxy, Amino, UPR, SPR Others), by Technology
  (Waterborne, Powder, High Solvents, High Solids,
  UV Cure), by Application (Architectural,
  Automotive, Wood, Others) - Global Forecast to
  2020"http//www.marketsandmarkets.com/Market-Repo
  rts/coating-resins-market-72316133.html Early
  buyers will receive 10 customization on reports.
• The growth of the coating resins market is
  primarily triggered by the economic growth in
  developing countries, growth in end-use
  industries, increasing investment in
  infrastructure, stringent environmental
  regulations, and increasing purchasing power.

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• The coating resins market size, in terms of
  value, is estimated to reach USD 38.15 Billion by
  2020, signifying a firm CAGR of over 5.61
  between 2015 and 2020. The drivers identified for
  the coating resins market are green,
  environment-friendly healthier coating systems
  more durable coatings with better performance
  better aesthetics and lower costs in terms of
  price and efficiency in use.
• 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.
• 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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