Protective Coating Resins Trends and Forecast
The future of the protective coating resins market looks promising with opportunities in the epoxy, alkyd, acrylic, polyurethane, and vinyl markets. The protective coating resins market is expected to grow with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are surging demand for environmentally friendly coatings and growing construction and automotive industries.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Protective Coating Resins by Segment
The study includes a forecast for the global protective coating resins by formulation, type, end use, and region.
Protective Coating Resins Market by Formulation [Shipment Analysis by Value from 2018 to 2030]:
• Water-Borne
• Solvent Borne
• Powder
Protective Coating Resins Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Epoxy
• Alkyd
• Acrylic
• Polyurethane
• Vinyl
• Others
Protective Coating Resins Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Automotive
• Aviation
• Industrial
• Oil & Gas
• Marine
• Building & Construction
• Textiles
• Others
Protective Coating Resins Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Protective Coating Resins Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies protective coating resins companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the protective coating resins companies profiled in this report include-
• The Dow Chemical
• Momentive Specialty Chemicals
• Royal DSM
• BASF
Protective Coating Resins Market Insights
Lucintel forecasts that water borne is expected to witness the highest growth over the forecast period as it protects a variety of surfaces in cars, ships and other marine vessels.
Within this market, epoxy will remain the largest segment due to its low volatility and high corrosion protection features.
APAC is expected to witness highest growth over the forecast period due to rising demand from various applications, such as construction, marine, and automotive industries in the region.
Features of the Protective Coating Resins Market
Market Size Estimates: Protective coating resins market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Protective coating resins market size by various segments, such as by formulation, type, end use, and region in terms of value ($B).
Regional Analysis: Protective coating resins market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different formulations, types, end uses, and regions for the protective coating resins market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the protective coating resins market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for protective coating resins market?
Answer: The global protective coating resins market is expected to grow with a CAGR of 5.5% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the protective coating resins market?
Answer: The major drivers for this market are surging demand for environmentally friendly coatings and growing construction and automotive industries.
Q3. What are the major segments for protective coating resins market?
Answer: The future of the protective coating resins market looks promising with opportunities in the epoxy, alkyd, acrylic, polyurethane, and vinyl markets.
Q4. Who are the key protective coating resins market companies?
Answer: Some of the key protective coating resins companies are as follows:
• The Dow Chemical
• Momentive Specialty Chemicals
• Royal DSM
• BASF
Q5. Which protective coating resins market segment will be the largest in future?
Answer: Lucintel forecasts that water borne is expected to witness the highest growth over the forecast period as it protects a variety of surfaces in cars, ships and other marine vessels.
Q6. In protective coating resins market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising demand from various applications, such as construction, marine, and automotive industries in the region.
Q.7 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the protective coating resins market by formulation (water-borne, solvent borne, and powder), type (epoxy, alkyd, acrylic, polyurethane, vinyl, and others), end use (automotive, aviation , industrial, oil & gas, marine, building & construction, textiles, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Protective Coating Resins Market, Protective Coating Resins Market Size, Protective Coating Resins Market Growth, Protective Coating Resins Market Analysis, Protective Coating Resins Market Report, Protective Coating Resins Market Share, Protective Coating Resins Market Trends, Protective Coating Resins Market Forecast, Protective Coating Resins Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.