Resins In Paints And Coatings Market - Forecast (2023 - 2028)

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Resins In Paints And Coatings Market Market
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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• Resins in paints and coatings market size is
  forecast to reach US50.5 billion by 2026, after
  growing at a CAGR of 4.3 during 2021-2026, owing
  to the increasing demand for resins in paints and
  coatings across various end-use industries such
  as automotive, aerospace, construction, marine,
  industrial, and more. The demand for paint and
  coating resins such as saturated polyester,
  acrylic acid, vinyl acetate, and more are on an
  upsurge in these end-use industries because of
  the various benefits it provides, such as
  improved longevity, power, dirt resistance,
  abrasion resistance features, and more. 

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• Key Takeaways
• Asia-Pacific dominates the resins in paints and
  coatings market, owing to the increasing
  aerospace industry in the region. According to
  Boeing's Commercial Market Outlook 2018-2037,
  China would need 7,690 new aircraft worth US1.2
  trillion over the next 20 years.
• Saturated polyester resins provide resistance to
  hydrolysis, good weather resistance, excellent
  gloss, and color retention, particularly for
  exterior applications. They also have other
  characteristics, such as clarity, UV resistance,
  and the high capacity of color for coating
  solutions. All of which is projected to increase
  the market growth.

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By Distribution Channel- Segment Analysis The
acrylic segment held the largest share in the
resins in paints and coatings market in 2020.
Acrylic resins are based on acrylic
acid, methacrylic acid, cyanoacrylic acid, and
their esters as well as acrylonitrile and
acrylamide Acrylic resins are based on acrylic
acid and are used in various coatings market
categories including architectural, protective,
decorative, and more. The main benefits of
acrylic acid-based industrial coatings are ease
of use, physical properties, and low costs. They
are resistant to fungi, have a longer pot life,
and provide excellent moisture protection. 
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• Resins In Paints And Coatings Market
  Outlook 
• Arkema
• BASF
• DSM
• Allnex Netherlands B.V
• Dow
• The Sherwin-Williams Company
• Evonik Industries AG
• Polynt-Reichhold
• Covestro

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Resins In Paints And Coatings Market Forecast
(2023 - 2028) Learn More About the Report _at_
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ints-And-Coatings-Market-Research-503364
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• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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