Coating Resins Market Growth, Trends, Growth Analysis and 2022 Forecast - iCrowdNewswire
 

Feb 9, 2018 5:40 PM ET

Coating Resins Market Growth, Trends, Growth Analysis and 2022 Forecast

iCrowdNewswire - Feb 9, 2018

ReportsnReports.com adds “Global Coating Resins Market 2018-2022” report to its research store.

 

The analysts forecast global coating resins market to grow at a CAGR of 5.79% during the period 2018-2022. One trend in the market is increase in R&D activities. Major polyurethane players have amplified their expenditure in R&D activities to reduce the manufacturing cost and provide products with improved properties and use.

 

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The rising expenditure in R&D is a major trend being observed by the global polyurethane market in the recent years. Therefore, to maintain a competitive edge and market share, the manufacturers have been stressing on new inventions and developments.

 

Major key players in the global coating resins market: Arkema, BASF, DowDuPont, DSM, Hexion, and Nuplex Industries.

 

According to the coating resins market report, one driver in the market is increasing demand for protective coating due to corrosion. Corrosion is the process of degradation and breakdown of metal. It is estimated that the total cost burden due to corrosion reached $2.51 trillion in 2016, which accounted for almost 3.5% of the global GDP. The increase in the demand for coating resins in the Americas owing to the corrosion effect experienced by machinery and materials is expected to drive the growth of the market.

 

Further, the coating resins market report states that one challenge in the market is increasing raw material prices of epoxy resin. The price of epoxy resins has been a concern for numerous industries over the last decade. Alternatively, the production of Bisphenol A and novolac resins is still very low. These fibers are largely used as composites, coatings, and adhesives in various end-user industries such as construction, automotive, and marine.

 

Key questions answered in this report:

  1. What will the market size be in 2022 and what will the growth rate be?
  2. What are the key market trends?
  3. What is driving this market?
  4. What are the challenges to market growth?
  5. Who are the key vendors in this market space?

 

Purchase a copy of this “Global Coating Resins Market” research reports at http://www.reportsnreports.com/purchase.aspx?name=1333148.

 

Few Points from List of Exhibits:

Exhibit 1: Resin by types

Exhibit 2: Related market

Exhibit 3: Market characteristics

Exhibit 4: Market segments

Exhibit 5: Market definition – Inclusions and exclusions checklist

Exhibit 6: Market size 2017

Exhibit 7: Validation techniques employed for market sizing 2017

Exhibit 8: Global coating resins market ? Market size and forecast 2017-2022 ($ mn)

Exhibit 9: Global coating resins market ? Year-over-year growth 2018-2022 (%)

Exhibit 10: Five forces analysis 2017

Exhibit 11: Five forces analysis 2022

Exhibit 12: Bargaining power of buyers

Exhibit 13: Bargaining power of suppliers

Exhibit 14: Threat of new entrants

Exhibit 15: Threat of substitutes

Exhibit 16: Threat of rivalry

Exhibit 17: Market condition – Five forces 2017

Exhibit 18: Global coating resins market by application ? Market share 2017-2022 (%)

Exhibit 19: Comparison by application

Exhibit 20: Architectural coatings ? Market size and forecast 201

7-2022 ($ mn)

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Contact Information:

Hrishikesh Patwardhan
Tel: + 1 888 391 5441
E-mail: [email protected]

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