Coating resins are covering applied on the surface of object to achieve hardness, corrosion resistance, weather resistance, and stain resistance.
Resins offer quick drying times, gloss retention, and superior weathering to coatings. Increase in architectural coatings demand drive the growth of the market. In addition, rise in demand for green and environment-friendly coating systems in architectural designs is expected to boost the market growth. In the roadways marking, there is a high demand for coating resins owing to its weather resistance properties, which in turn is responsible for reducing maintenance cost of roads. The increase in production of automobiles is also another factor expected to escalate the growth of the coating resins market.
The Global Coatings Resins Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023-2030.

As the report focuses on global Coatings Resins Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-
Bayer AG
Royal DSM
The Sherwin-Williams Company (The Valspar Corporation)
aPolynt SpA
Allnex Belgium SA/Nv
Arkema S.A.
BASF SE
Momentive Specialty Chemicals
The DOW Chemical Company
Evonik Industries AG

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:
Acrylic
Epoxy
Polyurethane
Alkyd
Vinyl
Unsaturated Polyester Resin
Saturated Polyester Resin
Other

In Market segmentation by applications :
Architectural
Industrial
Protective & Marine
Automotive OEM
Vehicle Refinish
Others

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Coatings Resins Market for the forecast period 2023-2030?
• What are the driving forces in the Coatings Resins Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Coatings Resins industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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