Market Overview:
The global Protective Coating Resinsmarket was valued at USD 18.08billion in 2016 and is projected to reach USD 25.29billionby 2025, growing at a CAGR of 3.80% from 2017 to 2025.
Protective coatings are in huge demand owing to requirement for resistance against abrasion and harmful effects of chemicals. The growing demand in industrial and automotive equipment is driving market demand. Epoxy type is used extensively as it contains low VOC content and exhibits excellent corrosion resistance properties
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing demand from construction industry
1.2 Need of efficient processes and longer life of equipments
2. Market Restraints
2.1 High costs associated with materials and utilities
Market Segmentation:
The global Protective Coating Resinsmarket is segmented on the resin type, formulation, application, and region.
1. By Resin Type:
1.1 Epoxy
1.2 Acrylic
1.3 Alkyd
1.4 Polyester
1.5 Polyurethane
1.6 Others
2. By Formulation:
2.1 Water Borne
2.2 Solvent Borne
2.3 Others
3. By Application:
3.1 Industrial
3.2 Building and Construction
3.3 Aerospace
3.4 Automotive
3.5 Marine
3.6 Power Generation
3.7 Oil and Gas
3.8 Others
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. PPG Industries
2. Hempel A/S
3. Akzonobel NV
4. Axalta Coating Systems
5. The Sherwin Williams Company
6. Vlaspar Corporation
7. Arkema SA
8. RPM International
9. Sika AG
10. Wacker Chemie AG
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Protective Coating Resins Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL PROTECTIVE COATING RESINS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL PROTECTIVE COATING RESINSMARKETOUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL PROTECTIVE COATING RESINS MARKET, BY RESIN TYPE
5.1 Overview
5.2 Epoxy
5.3 Acrylic
5.4 Alkyd
5.5 Polyester
5.6 Polyurethane
5.7 Others
6 GLOBAL PROTECTIVE COATING RESINS MARKET, BY FORMULATION
6.1 Overview
6.2 Water Borne
6.3 Solvent Borne
6.4 Others
7 GLOBAL PROTECTIVE COATING RESINS MARKET, BY APPLICATION
7.1 Overview
7.2 Industrial
7.3 Building and Construction
7.4 Aerospace
7.5 Automotive
7.6 Marine
7.7 Power Generation
7.8 Oil and Gas
7.9 Others
8 GLOBAL PROTECTIVE COATING RESINSMARKET, BY GEOGRAPHY
8.1 Overview
8.2 North AmericaRegional Market Estimates and Forecasts, 2012 - 2025
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 EuropeRegional Market Estimates and Forecasts, 2012 - 2025
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia PacificRegional Market Estimates and Forecasts, 2012 - 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin AmericaRegional Market Estimates and Forecasts, 2012 - 2025
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the WorldRegional Market Estimates and Forecasts, 2012 - 2025
9 GLOBAL PROTECTIVE COATING RESINSMARKETCOMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies
10 COMPANY PROFILES
10.1 PPG Industries
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Hempel A/S
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 Akzonobel NV
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Axalta Coating Systems
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 The Sherwin Williams Company
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Valspar Corporation
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Arkema SA
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 RPM International
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Sika AG
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Development
10.10 Wacker Chemie AG
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Development
11 Appendix
11.1 Related Reports