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Coating Resins Market size to grow at a CAGR of 5.7 percent during the forecast period to reach USD 79.45 Bn by 2029

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Coating Resins Market size to grow at a CAGR of 5.7 percent during the forecast period to reach USD 79.45 Bn by 2029

April 10
19:33 2023
Coating Resins Market size to grow at a CAGR of 5.7 percent during the forecast period to reach USD 79.45 Bn by 2029
Coating Resins Market
Coating Resins Market was valued at USD 50.99 Billion in 2021, and it is expected to reach USD 79.45 Billion by 2029, exhibiting a CAGR of 5.7% during the forecast period (2022-2029)

Pune, 10, April, 2023: The total market opportunity for Coating Resins was USD 50.99 Bn in 2021 and is expected to grow at 5.7 percent CAGR through the forecast period to reach USD 79.45 Bn by 2029. Maximize Market research, a Material & Chemical business research firm has published a report on the “Coating Resins Market”. 

Coating Resins Market Report Scope and Research Methodology

The aim of the report is to provide a detailed analysis of the market structure and dynamics to the stakeholders in the Coating Resins industry. The report is a clear representation of the past, present and future status of the Coating Resins industry in each region. It covers all the main aspects of the industry with a dedicated study of the Coating Resins Market players which include market leaders, followers, and new entrants. The primary and secondary research methods were used to collect and analyze data for the Coating Resins Market report. The primary interviews were conducted with the industry experts and suppliers to validate and understand the key findings while the secondary research includes data collection from annual/financial reports, industry journals, government sites and paid and free databases. The Coating Resins Market size was calculated by using a bottom-up approach in terms of value and volume. 

Coating Resins Market Dynamics

The global market is expected to grow due to the high economic growth in emerging countries, strict environmental legislation, increasing investment in infrastructure, increasing demand for green and environmentally friendly and surging buying power. The growing automotive industry is driving market growth. The Coating Resins Market is growing at a high rate majorly due to the growing end-use industries and increasing technological developments. One of the major consumers of resins is the paint and coatings industry and the industry is growing at a high rate globally. The growing population and improving economic conditions are resulting in the high expenditure on housing and infrastructure development across the world. 

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Coating Resins Market Regional Insights

The Asia Pacific region dominated the global Coating Resins Market in 2021 by accounting for 44.56 percent of the total revenue and is expected to retain its dominance during the forecast period. In the region, China, Japan and India are the major consumers of the coating resins. The combined sales share of these countries was USD 10,948.50 Mn in 2021. The regional Coating Resins Market is expected to grow at a CAGR of 5.64 percent during the forecast period to reach USD 30,457.95 million by 2029. 

Coating Resins Market Segmentation

By Resins Type

  • Acrylic Resins
  • Alkyd Resins
  • Polyurethane Resins
  • Epoxy Resins
  • Polyester Resins
  • Others


By Formulating Technology

  • Water-based Coatings
  • Solvent-based Coatings
  • Powder-based Coatings
  • Others


By End-Use

  • Architectural Coatings
  • General Industrial Coatings
  • Powder Coatings
  • Wood Coatings
  • Automotive OEM Coatings
  • Automotive Refinish Coatings
  • Protective Coatings
  • Packaging Coatings
  • Others


Coating Resins Key Competitors include:

  • Dow Inc (US)
  • Momentive Inc (US)
  • Coating Technologies LLC (US)
  • The Sherwin-Williams Company (US)
  • Hexion Inc. (US)
  • Valspar Corporation (US)
  • Bayer AG (Germany)
  • Evonik Industries AG (Germany)
  • LANXESS (Germany)
  • BASF SE (Germany)
  • Ceramicoat Limited (UK)
  • Arkema S.A. (France)
  • ICA SpA (Italy)
  • Mutina S.P.A. (Italy)
  • Polynt S.P.A. (Italy)
  • Koninklijke DSM N.V. (Netherlands)
  • Akzo Nobel N.V. (Netherlands)
  • PT. Citra Resins (Indonesia)
  • Allnex Holdings S.A R.L. (Luxembourg)
  • HELIOS Resins (Slovenia)
  • Sumitomo Corporation (Japan)
  • DIC Corporation (Japan)
  • Nuplex Industries Limited (Australia)
  • Eternal Resin Co. Ltd. (Thailand)


Table of Content for Coating Resins Market

  • Global Coating Resins Market: Research Methodology


  • Global Coating Resins Market: Executive Summary
  • Market Overview and Definitions
  • Introduction to Global Market
  • Summary
  • Key Findings
  • Recommendations for Investors
  • Recommendations for Market Leaders 
  • Recommendations for New Market Entry


  • Global Coating Resins Market: Competitive Analysis
  • MMR Competition Matrix
  • Market Structure by region
  • Competitive Benchmarking of Key Players
  • Consolidation in the Market
  • M&A by region
  • Key Developments by Companies
  • Market Drivers
  • Market Restraints
  • Market Opportunities 
  • Market Challenges
  • Market Dynamics
  • PORTERS Five Forces Analysis
  • Regulatory Landscape by region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
  • COVID-19 Impact


  • Global Coating Resins Market Segmentation
  • Global Market, by Resins Type (2021-2029)
  • Global Market, by Formulating Technology (2021-2029)
  • Global Market, by End-Use (2021-2029)


  • Regional Coating Resins Market (2021-2029)
  • Regional Market, by Resins Type (2021-2029)
  • Regional Market, by Formulating Technology (2021-2029)
  • Regional Market, by End-Use (2021-2029)
  • Regional Market, by Country (2021-2029)


  • Company Profile: Key players
  • Company Overview
  • Financial Overview
  • Global Presence
  • Capacity Portfolio
  • Business Strategy 
  • Recent Developments


Get the Sample PDF of Report: 

Key questions answered in the Coating Resins Markets Market are:

  • What are Coating Resins? 
  • What was the Coating Resins Market size in 2021?
  • What is the expected Coating Resins Market size by 2029?
  • Which segment of the Coating Resins Market is expected to grow at a high rate during the forecast period?
  • What are the global trends in the Coating Resins Market?
  • What are the upcoming industry applications and trends for the Coating Resins Market?
  • What are the factors contributing to the final price of the Coating Resins Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Coating Resins Market? 
  • What growth strategies are the players considering to increase their presence in Coating Resins Market?
  • What are the major challenges that the Coating Resins Market could face in the future? 
  • Who held the largest market share in Coating Resins Market? 


Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by Resins Type, Formulating Technology, End-Use and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 


Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:

Anti-fog Coatings Market – The market size is expected to reach USD 22.06 Bn by 2029 at a CAGR of 3.5 percent during the forecast period. The market is expected to be driven by increasing demand from the aviation & aerospace, building & construction, automotive, electronics, military & security, and medical & safety industries. 

Aero-Engine Coating Market – The market size is expected to reach USD 791.51 million by 2029 at a CAGR of 3.1 percent during the forecast period. The increasing demand for commercial aircraft is expected to drive the market.


About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.


Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

[email protected] 

+91 96071 95908, +91 9607365656

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