Global Coating Resins Analysis by Adhesive Formulating Technology By Sealant Resin Type (Silicone, Polyurethane, Plastisol, Emulsion, Polysulfide, Butyl), Application, Region - Global Forecast to 2027
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. Regional Analysis Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa are the five key regions studied for the global coating resins market. In 2017, Asia-Pacific dominated the global coating resins market owing to increasing product demand in the automotive and building and construction industries. Moreover, rapid industrializati