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
The Final Report will cover the impact analysis of COVID-19 on this industry:
Download Sample of This Strategic Report:
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
The global Protective Coating Resinsmarket is segmented on the resin type, formulation, application, and region.
1. By Resin Type:
2. By Formulation:
2.1 Water Borne
2.2 Solvent Borne
3. By Application:
3.2 Building and Construction
3.6 Power Generation
3.7 Oil and Gas
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
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.
Request For Full Report: https://www.kennethresearch.com/sample-request-10008970
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.
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
Phone: +1 313 462 0609