Hyderabad, India, March 15, 2017 (GLOBE NEWSWIRE) -- The report “ Coating Resins Market: By Formulation (Water, Solvent, Hot Melt, Others) By Type (Acrylic, Amino, Formaldehyde, others) By Application (Architectural, Automotive, F&B, Industrial, Others) Forecast (2016 – 2021) ”, published by IndustryARC, estimates that Asia-Pacific will dominate demand during the forecast period due the presence of a massive manufacturing hub in the region.
Browse 4 Market Tables, 92 Figures spread through 150 Pages and an in-depth TOC on “ Coating Resins Market 2016 – 2021 ” http://industryarc.com/Report/11680/coating-r...arket.html Scope & Regional Forecast of the Coating Resins Market:
Coating resins are synthetic resins which are viscous and are used to develop tough, polished, durable and aesthetically beautiful surfaces. They act as protective layers for a variety of surfaces to impart resistance from corrosion, weather, stain and hardness. Coating resins are applied on wooden floors, decks, concrete porches, garages and metal surfaces. Additionally, they are applied on machinery, automotive, marine industry. The major driver for this industry is the demand from end user industries. The main factors owing to the growth of this industry include an upsurge in the building and construction, furniture and automotive industries. Another important reason for the rise in coating resins industry is the property of protection of industrial metals from corrosion. New resins are being invented for this purpose.
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Coating resins are special substances involved in the preparation of coating at low level that enhances the quality, performance, and functionality of coatings. They have usage in wide spectrum of end users such as automotive coating, industrial coatings, marine coatings, wood coatings and more owing to their dominant applications. Coating resin market is set to grow with a good pace in the coming years. The global coating resins market has been segmented with respect to various types of resins commercially available. Additionally, this market has also been segmented to the form in which coating resins exist such as water based, solvent based and powder based as well as their applications.
Based on the types of resins commercially available, the coating resins market has been segmented into acrylic resins, alkyd resins, amino resins, epoxy resins, formaldehyde resins, polyurethane resins, saturated polyester resins, unsaturated polyester resins and others. Each type varies greatly and the composition is different with different technical specifications. While there are various coating resins available in the industry, the classification of fluids based on the formulation of coatings is done into the following classes; powder, solvent, water and others. Coating resins have a wide spectrum of application in automotive, aviation, architecture, marine and other type of coatings. Each of the segmentations in the report has been studied to give comprehensive analysis of global coating resins market.
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Prominent Segmentations Involved in the Coating Resins Market: The Coating Resins Market can be broken down into various segmentations on the basis of –
- Type: Acrylic Resins, Alkyd Resins, Amino Resins, Epoxy Resins, Vinyl Resins, Polyurethane Resins, Saturated Polyester Resins, Unsaturated Polyester Resin, Others.
- Formulation: Water Based, Solvent Based, Hot Melt Based, Radiation Cured, Powder Based, Hot Melt Based.
- Application: Architectural, Automotive, Food Packaging, Industrial, Paper and Pulp, Marine, Wood, Others.
- Geographic Location : Americas, Europe, Asia-Pacific and Rest of the world.
Some of the sample companies profiled in the Coating Resins Market report are as follows:
- Industrial Coating Services
- Axalta Coating Systems, LLC
- Dow Corning Corporation
- The Valspar Corporation
- IGM Resins
- Cabot Corporation
- Koninklijke DSM N.V.
- Stepan resin
- Encore Coatings
- Kop-Coat
Why buy this report?
- Get a detailed picture of the Coating Resins Market.
- Pinpoint growth sectors and identify factors driving change.
- Understand the competitive environment, the market’s major players and leading brands.
- A five-year forecast method is used in order to assess how the market is predicted to develop.
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