Coating Resins Market Share By Product, By Application, By Geographic Scope And Forecast 2030
Market Overview Coating resins provide specific protective attributes including resistance to alkali, corrosion, fire, and chemicals. In addition, coating resins exhibit fast drying, high gloss, color retention, good adhesion, stain resistance, and pigment dispersion properties when used in architectural applications. The increasing demand for coating resins in the building and construction industry is expected to drive market growth during the forecast period. Furthermore, the rising use of powder and water-based coating resins in the automotive industry is projected to further drive market growth in the coming years. Market Segmentation The global coating resins market share has been segregated on the basis of type, technology, application, and region. By type, the global coating resins market has been segmented into acrylic, alkyd, epoxy, polyurethane, vinyl, and others. The acrylic segment is projected to account for the largest share of the market during the forecast per