Coating resins are polymeric compounds that serve as the primary film-forming agent in paints and coatings, acting as the binder for pigments and other additives.
2. How are the coating resins market segmented in terms of demand by type?
In terms of demand by type, the coating resins market is segmented into the following types: Epoxy resin, polyurethane resin, acrylic resin, alkyd resin and others.
3. Which is the dominant technology available in the global coating resins market?
Waterborne segment has the highest demand in the market, primarily due to increasing concerns regarding environmental-friendliness and stricter regulations on low-VOC content.
4. Which application dominates the global coating resins market?
Automotive industry dominates the market. This demand in automotive industry is mainly due to the need for high performance coatings that can provide, durability, aesthetic appeal, exterior finishes, and resistance to corrosion and UV rays.
5. Who are the key players involved in coating resins market?
DOW, Arkema, Covestro, Allnex, Solvay, Eastman, Perstorp, DSM, Evonik, Wacker Chemie AG and other manufacturers.
