Coating Resins Market worth $51.4 billion by 2026

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 The report "Coating Resins Market” by Resin Type (Acrylic, Alkyd, Polyurethane, Vinyl, Epoxy), Technology (Waterborne, Solvent-borne), Application (Architectural, General Industrial, Automotive, Wood, Packaging), and Region – Global Forecast to 2026", size will grow to USD 51.4 billion by 2026 from USD 42.4 billion in 2021, at a CAGR of 4.0% during the 2021-2026 period. The markets growth is primarily triggered by the increased demand from construction and automotive industries, a surge in investments in the infrastructure sector, demand for eco-friendly coating systems, and a rise in the purchasing power of consumers.

 To know about the assumptions considered for the study download the pdf brochure

Coating Resins Market 

The key players profiled in the coating resins market report are Arkema (France), BASF SE (Germany), Covestro (Germany), Allnex Netherlands B.V. (Germany), and The Sherwin-Williams Company (US).

Browse 322 market data Tables and 59 Figures spread through 309 Pages and in-depth TOC on "Coating Resins Market by Resin Type (Acrylic, Alkyd, Polyurethane, Vinyl, Epoxy), Technology (Waterborne, Solvent-borne), Application (Architectural, General Industrial, Automotive, Wood, Packaging), and Region – Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/coating-resins-market-72316133.html

Powder coatings is the fastest-growing technology segment of the coating resins market.

Powder coatings is the fastest growing technology in coating resins market, in terms of volume. The powder coating technology uses dry resin powders for coating substrates with thermoplastic or thermoset films. The coating is formed after a layer of powder is applied with a powder spray gun or fluidized bed tank to the substrate and heated, thereby melting the powder. Powder coatings are largely used in automotive, appliance finishing, outdoor furniture manufacturing, and architectural and building applications. A key driver for the powder coatings technology segment is the increasing number of stringent environmental regulations for zero- or non-VOC coatings.

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 Related Reports:

Coating Resins Market by Resin Type (Acrylic, Alkyd, Polyurethane, Vinyl, Epoxy), Technology (Waterborne, Solvent-borne), Application (Architectural, General Industrial, Automotive, Wood, Packaging), and Region – Global Forecast to 2026.

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