Summary

The coating resins market is projected to grow from USD 45.28 billion in 2024 to USD 57.34 billion by 2029, at a CAGR of 4.8% between 2024 and 2029. The emergence of end-use industries, increasing investment in infrastructure, stringent environmental regulations, and the increasing purchasing power of consumers in the emerging economies are the major market drivers.
Coatings resins find application in diverse fields, such as corrosion of metal structures, modification of vehicle surfaces, construction, and interior design. These coatings, which are used on substrates such as metal, wood, plastic, concrete, and other surfaces, protect against corrosion, wear & tear, UV rays, and other climates.

“Architectural coatings application is projected to be the largest application of the coating resins market.”

The architectural segment accounts for the largest share of the overall coating resins market in terms of value and volume. Architectural coatings incorporate exterior and interior house paints, sealers, primers, stains, and varnishes. Consumers and contractors purchase them through retail and wholesale outlets; large commercial organizations acquire directly from the manufacturers. The growth of the architectural coatings industry is mainly due to the performance of the construction industry. The construction industry is expected to reach USD 8.9 trillion in emerging markets by 2030. The architectural coatings market segment is a major factor in residential construction.

“Polyurethane coating resin is the fastest-growing resin type of the North American coating resins market.”

Polyurethane is a versatile material that can be tailored based on hardness, cure speeds, viscosities, mechanical, and thermal properties for many applications. Radiation-cured polyurethanes are often used on plastic substrates that require only low or moderate curing temperatures, such as clear overprint lacquers on vinyl decals, electronic circuit boards, “no-wax” vinyl floorings, and tiles.
The polyurethane coating resins market in North America highly depends on the growth of the floors, boats, and metal objects markets. It is the fastest-growing segment in North America in terms of value of coating resins. Due to the regulations for reducing VOC emissions, the share of coating resin technologies has drastically declined. The share of environment-friendly technologies, such as waterborne, powder, and radiation-curable coatings, is rising. Solventborne technology has lost its dominant position over waterborne coating resins.

“Europe is the second largest coating resins market.”

Europe was the second-largest market for coating resins, in terms of volume, in 2023. With the recovery of the global economy and reviving demand for coating resins, the European market is expected to grow in the next few years. The European market is regulated by Registration, Evaluation, Authorisation and Restriction of Chemical Substances (REACH), which monitors and issues guidelines for preventing health hazards caused by chemicals. The stringent regulatory framework adopted by REACH has resulted in a steady decline in the use of high-VOC-emitting resins used in coatings in the region. The European coating resins market faces stringent regulations, which create growth constraints for formulators and raw material suppliers.


Interviews:
• By Company Type: Tier 1 – 42%, Tier 2 – 40%, and Tier 3 – 18%
• By Designation: C Level – 27%, D Level – 25%, and Others – 48%
• By Region: Asia Pacific – 25%, North America – 30%, Europe – 31%, South America- 9%, and the Middle East & Africa – 5%

The key companies profiled in this report are Dow Inc. (US), Allnex GmbH (Germany), Covestro AG (Germany), Arkema SA (France), BASF SE (Germany), Huntsman International (US), Synthomer plc (UK), Nan Ya Plastic Corporation (Taiwan), Kukdo Chemical Co., Ltd. (South Korea), DIC Corporation (Japan).

Research Coverage:
The coating resins market has been segmented based on resin type (acrylic, alkyd, epoxy, polyurethane, vinyl), technology (waterborne, solventborne, powder), and application (architectural, general industrial, protective, automotive, wood, packaging), and region (Asia Pacific, Europe, North America, Middle East & Africa, and South America). The resin type segments are further analyzed for each country in the respective regions.

Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the market numbers closest to the overall coating resins market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan appropriate go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

This report provides insights on the following pointers:
• Analysis of key drivers (growing trend toward sustainable and eco-friendly coating systems, growing consumer preference for sustainable coating and recycled products), restraints (reduced export demand from European economies, stringent environmental regulations impacting market growth), opportunities (bio-based resins are fast gaining importance in the coatings industry, growth potential in less regulated regions), and challenges (technological shifts demand constant growth and innovation, stringent regulatory policies) influencing the growth of the coating resins market.
• Product Development/Innovation: Detailed insight into upcoming new technologies, research & development activities, and new product launches in the coating resins market.
• Market Development: Comprehensive information about markets – the report analyses the coating resins market across varied regions.
• Market Diversification: Exclusive information about the new products & services untapped geographies, recent developments, and investments in the coating resins market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Dow Inc. (US), Allnex GmbH (Germany) (PTT Global Chemical), Covestro AG (Germany), Arkema SA (France), BASF SE (Germany), Huntsman International (US), Synthomer plc (UK), Nan Ya Plastic Corporation (Taiwan), Kukdo Chemical Co., Ltd. (South Korea), DIC Corporation (Japan), Jiangsu Sanmu Group (China), Chang Chun Petrochemical (Taiwan), among other in the coating resins market.

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Table of Contents

1 INTRODUCTION 36
1.1 STUDY OBJECTIVES 36
1.2 MARKET DEFINITION 36
1.3 STUDY SCOPE 37
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 37
1.3.2 INCLUSIONS & EXCLUSIONS 38
1.3.3 DEFINITION AND INCLUSIONS, BY TECHNOLOGY 38
1.3.4 DEFINITION AND INCLUSIONS, BY APPLICATION 39
1.3.5 DEFINITION AND INCLUSIONS, BY RESIN TYPE 39
1.3.6 YEARS CONSIDERED 40
1.4 CURRENCY CONSIDERED 41
1.5 UNITS CONSIDERED 41
1.6 STAKEHOLDERS 41
1.7 SUMMARY OF CHANGES 41
2 RESEARCH METHODOLOGY 43
2.1 RESEARCH DATA 43
2.1.1 SECONDARY DATA 44
2.1.1.1 Key data from secondary sources 44
2.1.2 PRIMARY DATA 44
2.1.2.1 Key primary participants—demand and supply sides 45
2.1.2.2 Key data from primary sources 45
2.1.2.3 Key industry insights 46
2.1.2.4 Breakdown of primary interviews 46
2.2 MARKET SIZE ESTIMATION 47
2.2.1 BOTTOM-UP APPROACH 47
2.2.2 TOP-DOWN APPROACH 48
2.3 GROWTH FORECAST 49
2.3.1 SUPPLY-SIDE FORECAST 50
2.4 FACTOR ANALYSIS 51
2.5 DATA TRIANGULATION 52
2.6 RESEARCH ASSUMPTIONS 53
2.7 RESEARCH LIMITATIONS 53
2.8 RISK ASSESSMENT 54
3 EXECUTIVE SUMMARY 55
 
4 PREMIUM INSIGHTS 60
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN COATING RESINS MARKET 60
4.2 COATING RESINS MARKET, BY RESIN TYPE 61
4.3 COATING RESINS MARKET, BY APPLICATION 61
4.4 ASIA PACIFIC COATING RESINS MARKET, BY APPLICATION AND COUNTRY 62
4.5 COATING RESINS MARKET, BY KEY COUNTRY 62
4.6 COATING RESINS MARKET, DEVELOPED VS. EMERGING COUNTRIES 63
5 MARKET OVERVIEW 64
5.1 INTRODUCTION 64
5.2 MARKET DYNAMICS 65
5.2.1 DRIVERS 65
5.2.1.1 Increasing demand from construction and automotive industries 65
5.2.1.2 Growing trend toward sustainable and eco-friendly coating systems 66
5.2.1.3 Availability of durable coatings with better performance
and esthetics 66
5.2.1.4 Growing consumer preference for sustainable coatings and
recycled products 67
5.2.2 RESTRAINTS 67
5.2.2.1 Raw material volatility and geopolitical influences 67
5.2.2.2 Stringent environmental regulations impacting market growth 68
5.2.3 OPPORTUNITIES 68
5.2.3.1 Increasing significance of bio-based resins in coatings industry 68
5.2.3.2 Growth potential in less regulated regions 68
5.2.3.3 Attractive prospects in shipbuilding and pipeline industries 69
5.2.4 CHALLENGES 69
5.2.4.1 Technological shifts demand constant growth and innovation 69
5.2.4.2 Reduced exports from European economies 69
5.3 PORTER’S FIVE FORCES ANALYSIS 70
5.3.1 THREAT OF NEW ENTRANTS 71
5.3.2 THREAT OF SUBSTITUTES 71
5.3.3 BARGAINING POWER OF SUPPLIERS 71
5.3.4 BARGAINING POWER OF BUYERS 71
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 72
5.4 KEY STAKEHOLDERS AND BUYING CRITERIA 72
5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS 72
5.4.2 BUYING CRITERIA 73
5.5 MACROECONOMIC OUTLOOK 74
5.5.1 INTRODUCTION 74
5.5.2 GDP TRENDS AND FORECAST 74
5.5.3 TRENDS AND FORECAST OF GLOBAL CONSTRUCTION INDUSTRY 76
5.5.3.1 Upcoming Mega Projects 76
5.5.4 TRENDS IN AUTOMOTIVE INDUSTRY 77
5.5.4.1 Innovations in Automotive Industry 79
5.5.5 OIL & GAS INDUSTRY TRENDS 79
5.5.6 TRENDS IN PACKAGING INDUSTRY 80
5.6 GLOBAL SCENARIO IMPACTING MARKET 81
5.6.1 RUSSIA–UKRAINE WAR 81
5.6.2 EUROPEAN SCENARIO 81
5.6.2.1 Political and economic instability in Germany 81
5.6.2.2 Energy crisis in Europe 82
5.6.3 CHINESE SCENARIO 82
5.6.3.1 Decreasing investments lower growth trajectory 82
5.6.3.2 Environmental commitments 83
6 INDUSTRY TRENDS 84
6.1 SUPPLY CHAIN ANALYSIS 84
6.1.1 VALUE CHAIN ANALYSIS (COATING RESINS): COST POINTS
IN DIFFERENT SEGMENTS 85
6.2 PRICING ANALYSIS 85
6.2.1 AVERAGE SELLING PRICE TREND, BY REGION 86
6.2.2 AVERAGE SELLING PRICE TREND, BY TECHNOLOGY 87
6.2.3 AVERAGE SELLING PRICE TREND, BY RESIN TYPE 88
6.2.4 AVERAGE SELLING PRICE TREND, BY APPLICATION 89
6.2.5 INDICATIVE AVERAGE SELLING PRICE OFFERED BY KEY PLAYERS,
BY APPLICATION 90
6.3 ECOSYSTEM ANALYSIS 90
6.4 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 92
6.5 TRADE ANALYSIS 93
6.5.1 EXPORT SCENARIO 93
6.5.1.1 Export Scenario of Acrylic Resins (HS Code 390690) 93
6.5.1.2 Export Scenario of Epoxy Resins (HS Code 390730) 94
6.5.1.3 Export Scenario of Alkyd Resins (HS Code 390750) 95
6.5.1.4 Export Scenario of Polyurethane Resins (HS Code 390950) 96
6.5.2 IMPORT SCENARIO 97
6.5.2.1 Import Scenario of Acrylic Resins (HS Code 390690) 98
6.5.2.2 Import Scenario of Epoxy Resins (HS Code 390730) 99
6.5.2.3 Import Scenario of Alkyd Resins (HS Code 390750) 100
6.5.2.4 Import Scenario of Polyurethane Resins (HS Code 390950) 101
6.6 REGULATORY LANDSCAPE 102
6.6.1 REGULATIONS 102
6.6.1.1 Epoxy resin systems in liquid condition: final mix (A+B components) 102
6.6.1.2 Epoxy system in cured, solid, and non-reinforced conditions 102
6.6.1.3 Flexible Vinyl and Urethane Coating and Printing: New Source Performance Standards (NSPS) 102
6.6.2 KEY REGULATIONS ON PFAS 103
6.6.2.1 Regional regulations on PFAS 103
6.6.2.1.1 PFAS regulations in Europe 103
6.6.2.1.2 PFAS regulations in North America 104
6.6.2.1.3 PFAS regulations in Latin America and Asia 104
6.6.2.2 PFAS impact on the market 105
6.6.3 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 106
6.7 PATENT ANALYSIS 108
6.7.1 METHODOLOGY 109
6.8 TECHNOLOGY ANALYSIS 112
6.8.1 KEY TECHNOLOGIES 112
6.8.1.1 Bio-based resins 112
6.8.1.2 UV-curable resins 112
6.8.2 COMPLEMENTARY TECHNOLOGIES 113
6.8.2.1 Hybrid resin systems 113
6.8.2.2 Polyaspartic ester resins 113
6.8.3 ADJACENT TECHNOLOGIES 113
6.8.3.1 Vapor permeation of injection-cured coatings 113
6.9 CASE STUDY ANALYSIS 114
6.9.1 SUBSTITUTION OF AUXILIARY AGENTS IN SOLVENTBORNE
PAINT FORMULATIONS 114
6.9.2 GREENER COALESCENT SOLVENT SUBSTITUTED UNDESIRED
COMMERCIAL COALESCENT IN WATERBORNE SYSTEMS AND DISPLAYED EQUIVALENT PERFORMANCE 114
6.9.3 REINSTATEMENT AND PROTECTION OF CONCRETE CLARIFIERS
FROM WASTEWATER 114
6.10 IMPACT OF AI/GEN AI ON COATING RESINS 115
6.10.1 OVERVIEW 115
6.10.2 KEY PRODUCTS OR EQUIPMENT UTILIZING AI AS A SERVICE 115
6.10.2.1 Precision in coating resin manufacturing 115
6.10.2.2 Accelerating innovation in R&D facilities 115
6.10.3 KEY APPLICATIONS OF AI IN COATING RESINS 116
6.10.3.1 Research & development 116
6.10.3.2 Production 116
6.10.3.3 Supply chain management 116
6.10.3.4 Strategy management 116
6.11 INVESTMENT AND FUNDING SCENARIO 116
6.12 KEY CONFERENCES AND EVENTS, 2024–2025 117
7 COATING RESINS MARKET, BY TECHNOLOGY 119
7.1 INTRODUCTION 120
7.2 WATERBORNE COATINGS 122
7.2.1 GROWTH IN CONSTRUCTION INDUSTRY TO DRIVE MARKET 122
7.2.2 TYPES 122
7.2.3 RESIN TYPES USED IN FORMULATION OF WATERBORNE COATINGS 123
7.2.4 APPLICATIONS OF WATERBORNE COATING SYSTEMS 123
7.2.5 ADVANTAGES AND DISADVANTAGES 124
7.3 SOLVENTBORNE COATINGS 126
7.3.1 HIGH PREFERENCE IN MOIST ENVIRONMENTS TO DRIVE MARKET 126
7.3.2 ADVANTAGES AND DISADVANTAGES 126
7.4 POWDER COATINGS 128
7.4.1 STRINGENT ENVIRONMENTAL REGULATIONS TO BOOST DEMAND FOR
ECO-FRIENDLY COATINGS 128
7.4.2 TYPES 129
7.5 OTHER TECHNOLOGIES 131
7.5.1 HIGH-SOLIDS SYSTEMS 131
7.5.1.1 Types 131
7.5.1.2 Application 131
7.5.1.2.1 Product finishing 131
7.5.1.2.2 Automotive applications 131
7.5.1.3 Advantages and disadvantages 132
7.5.2 RADIATION-CURABLE COATINGS 133
7.5.2.1 Types 133
7.5.2.2 Resin systems 133
7.5.2.3 Applications 133
7.5.2.4 Advantages 134
7.5.2.5 Disadvantages 134
8 COATING RESINS MARKET, BY RESIN TYPE 138
8.1 INTRODUCTION 139
8.1.1 THERMOPLASTIC COATINGS 139
8.1.2 THERMOSET COATINGS 139
8.2 ACRYLIC 142
8.2.1 INCREASING USE OF SUSTAINABLE COATINGS AND RISING DOMESTIC PRODUCTION TO DRIVE MARKET 142
8.3 ALKYD 144
8.3.1 RAPID DRYING, GOOD ADHESION, ELASTICITY, AND RESISTANCE TO MARRING TO BOOST DEMAND 144
8.4 VINYL 147
8.4.1 DEVELOPMENT OF DISPERSION TYPE OF VINYL RESINS TO BOOST SEGMENT 147
8.5 POLYURETHANE 149
8.5.1 HIGH-PERFORMANCE CHARACTERISTICS TO INCREASE DEMAND
FOR POLYURETHANES 149
8.6 EPOXY 151
8.6.1 UNIQUE COMBINATION OF ADHESION, CHEMICAL RESISTANCE, AND PHYSICAL PROPERTIES TO DRIVE MARKET 151
8.7 AMINO 153
8.7.1 EXCELLENT TENSILE STRENGTH, HARDNESS, AND IMPACT RESISTANCE TO DRIVE MARKET 153
8.8 UNSATURATED POLYESTER 156
8.8.1 EASE OF MANUFACTURING AND COST-EFFECTIVENESS TO PROPEL DEMAND 156
8.9 SATURATED POLYESTER 158
8.9.1 MULTI-CHARACTERISTIC RESINS WITH SUPERIOR PROPERTIES
TO BOOST DEMAND 158
8.10 OTHER RESIN TYPES 160
9 COATING RESINS MARKET, BY APPLICATION 162
9.1 INTRODUCTION 163
9.2 ARCHITECTURAL COATINGS 166
9.2.1 DECORATIVE AND PROTECTIVE FEATURES FOR INTERIOR AND EXTERIOR SURFACES TO DRIVE MARKET 166
9.3 MARINE & PROTECTIVE COATINGS 168
9.3.1 INCREASING USE OF EPOXY RESINS TO BOOST MARKET 168
9.4 GENERAL INDUSTRIAL COATINGS 169
9.4.1 INCREASING PER CAPITA INCOME TO SUPPORT MARKET GROWTH 169
9.5 AUTOMOTIVE COATINGS 171
9.5.1 PREFERENCE FOR ELECTRIC VEHICLES TO DRIVE MARKET 171
9.6 WOOD COATINGS 173
9.6.1 NEW HOME-BUILDING ACTIVITIES TO PROPEL DEMAND 173
9.7 PACKAGING COATINGS 175
9.7.1 INCREASING DEMAND FOR FOOD & BEVERAGES TO DRIVE MARKET 175
9.8 COIL COATINGS 177
9.8.1 CORROSION RESISTANCE AND DURABILITY PROPERTIES TO DRIVE MARKET 177
9.9 OTHER COATING APPLICATIONS 179
9.9.1 AEROSPACE 179
9.9.2 RAIL 179
9.9.3 GRAPHIC ARTS 179
10 COATING RESINS MARKET, BY REGION 182
10.1 INTRODUCTION 183
10.2 ASIA PACIFIC 185
10.2.1 CHINA 194
10.2.1.1 Rising housing demand and increased consumer spending to
drive market 194
10.2.2 INDIA 196
10.2.2.1 Construction and automotive industries to be key consumers of coating resins 196
10.2.3 JAPAN 198
10.2.3.1 Increasing demand for architectural coatings to drive market 198
10.2.4 SOUTH KOREA 201
10.2.4.1 Automobile industry to be largest consumer of coating resins 201
10.2.5 INDONESIA 204
10.2.5.1 Investments in infrastructure and residential projects to drive construction industry 204
10.2.6 PAKISTAN 206
10.2.6.1 Recovering construction and automotive sectors to drive market 206
10.2.7 PHILIPPINES 208
10.2.7.1 Government initiatives to boost construction industry 208
10.2.8 MALAYSIA 210
10.2.8.1 Large automotive sector to generate significant demand for coatings 210
10.2.9 REST OF ASIA PACIFIC 212
10.3 EUROPE 215
10.3.1 GERMANY 222
10.3.1.1 Leading automotive design, performance, and innovation to
drive market 222
10.3.2 FRANCE 224
10.3.2.1 Reviving economy and infrastructure to boost demand 224
10.3.3 ITALY 227
10.3.3.1 Robust manufacturing sector encompassing machinery, fashion items, and automotive parts, to drive market 227
10.3.4 UK 229
10.3.4.1 Government initiatives to boost construction industry 229
10.3.5 TURKIYE 231
10.3.5.1 Government-led developmental programs to drive market 231
10.3.6 SPAIN 233
10.3.6.1 Large exports of automobiles to drive market 233
10.3.7 REST OF EUROPE 235
10.4 NORTH AMERICA 237
10.4.1 US 245
10.4.1.1 Demand from major coatings producers to boost
coating resins market 245
10.4.2 CANADA 248
10.4.2.1 Construction industry to be major contributor to coating resins market growth 248
10.4.3 MEXICO 250
10.4.3.1 Increasing investments in construction projects to fuel demand for coating resins 250
10.5 MIDDLE EAST & AFRICA 253
10.5.1 GCC COUNTRIES 261
10.5.1.1 Saudi Arabia 263
10.5.1.1.1 Mega construction projects to boost demand for
coating resins 263
 
10.5.1.2 UAE 265
10.5.1.2.1 Focus on sustainable industrial growth to achieve growth 265
10.5.1.3 Rest of GCC countries 267
10.5.1.3.1 New infrastructural developments to increase demand for coating resins 267
10.5.2 SOUTH AFRICA 269
10.5.2.1 Strategic policies and industrial expansion to drive market 269
10.5.3 EGYPT 271
10.5.3.1 Construction sector and ongoing urban development initiatives to increase coating resin demand 271
10.5.4 NIGERIA 273
10.5.4.1 Government development initiatives to boost demand 273
10.5.5 ETHIOPIA 275
10.5.5.1 Government initiatives to contribute to construction industry growth 275
10.5.6 KENYA 277
10.5.6.1 Increase in local manufacturing to increase demand 277
10.5.7 ISRAEL 279
10.5.7.1 Growing prospects in coating resins for advanced vehicle solutions to drive market 279
10.5.8 JORDAN 281
10.5.8.1 Growing construction and automotive sectors to drive market 281
10.5.9 REST OF MIDDLE EAST & AFRICA 284
10.6 SOUTH AMERICA 286
10.6.1 BRAZIL 292
10.6.1.1 Investment Partnerships Program to boost demand for coating resins 292
10.6.2 COLOMBIA 294
10.6.2.1 Demographic shifts, urbanization, and increase in labor productivity to drive market 294
10.6.3 ARGENTINA 296
10.6.3.1 Improved economic conditions to drive market 296
10.6.4 REST OF SOUTH AMERICA 298
11 COMPETITIVE LANDSCAPE 301
11.1 OVERVIEW 301
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024 301
11.3 REVENUE ANALYSIS, 2020–2023 302
11.4 MARKET SHARE ANALYSIS, 2023 303
11.4.1 DOW INC. 304
11.4.2 COVESTRO AG 304
11.4.3 ARKEMA SA 305
11.4.4 BASF SE 305
11.4.5 SYNTHOMER PLC 305
 
11.5 COMPANY VALUATION AND FINANCIAL METRICS, 2023 306
11.5.1 COMPANY VALUATION 306
11.5.2 FINANCIAL METRICS 306
11.6 BRAND/PRODUCT COMPARISON 307
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 308
11.7.1 STARS 308
11.7.2 EMERGING LEADERS 308
11.7.3 PERVASIVE PLAYERS 308
11.7.4 PARTICIPANTS 308
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 310
11.7.5.1 Company footprint 310
11.7.5.2 Technology footprint 311
11.7.5.3 Resin type footprint 312
11.7.5.4 Application footprint 313
11.7.5.5 Region footprint 314
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 314
11.8.1 PROGRESSIVE COMPANIES 314
11.8.2 RESPONSIVE COMPANIES 315
11.8.3 DYNAMIC COMPANIES 315
11.8.4 STARTING BLOCKS 315
11.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 317
11.8.5.1 Detailed list of key startups/SMEs 317
11.8.5.2 Competitive benchmarking of key startups/SMEs 318
11.9 COMPETITIVE SCENARIO 319
11.9.1 PRODUCT LAUNCHES 319
11.9.2 DEALS 320
11.9.3 EXPANSIONS 322
12 COMPANY PROFILES 324
12.1 KEY PLAYERS 324
12.1.1 DOW INC. 324
12.1.1.1 Business overview 324
12.1.1.2 Products offered 325
12.1.1.3 MnM view 326
12.1.1.3.1 Right to win 326
12.1.1.3.2 Strategic choices 326
12.1.1.3.3 Weaknesses and competitive threats 327
12.1.2 ARKEMA SA 328
12.1.2.1 Business overview 328
12.1.2.2 Products offered 329
12.1.2.3 Recent developments 330
12.1.2.3.1 Product launches 330
12.1.2.3.2 Deals 331
12.1.2.3.3 Expansions 331
12.1.2.4 MnM view 332
12.1.2.4.1 Right to win 332
12.1.2.4.2 Strategic choices 332
12.1.2.4.3 Weaknesses and competitive threats 332
12.1.3 BASF SE 333
12.1.3.1 Business overview 333
12.1.3.2 Products offered 334
12.1.3.3 Recent developments 335
12.1.3.3.1 Deals 335
12.1.3.3.2 Expansions 336
12.1.3.4 MnM view 336
12.1.3.4.1 Right to win 336
12.1.3.4.2 Strategic choices 336
12.1.3.4.3 Weaknesses and competitive threats 336
12.1.4 COVESTRO AG 337
12.1.4.1 Business overview 337
12.1.4.2 Products offered 338
12.1.4.3 Recent developments 339
12.1.4.3.1 Product launches 339
12.1.4.3.2 Deals 339
12.1.4.3.3 Expansions 340
12.1.4.4 MnM view 340
12.1.4.4.1 Right to win 340
12.1.4.4.2 Strategic choices 340
12.1.4.4.3 Weaknesses and competitive threats 340
12.1.5 ALLNEX GMBH 341
12.1.5.1 Business overview 341
12.1.5.2 Products offered 341
12.1.5.3 Recent developments 343
12.1.5.3.1 Product launches 343
12.1.5.3.2 Deals 343
12.1.5.3.3 Expansions 344
12.1.5.4 MnM view 344
12.1.5.4.1 Right to win 344
12.1.5.4.2 Strategic choices 344
12.1.5.4.3 Weaknesses and competitive threats 344
12.1.6 SYNTHOMER PLC 345
12.1.6.1 Business overview 345
12.1.6.2 Products offered 346
 
12.1.7 DIC CORPORATION 348
12.1.7.1 Business overview 348
12.1.7.2 Products offered 349
12.1.7.3 Recent developments 350
12.1.7.3.1 Deals 350
12.1.7.3.2 Expansions 351
12.1.8 HUNTSMAN INTERNATIONAL LLC. 352
12.1.8.1 Business overview 352
12.1.8.2 Products offered 353
12.1.8.3 Recent developments 354
12.1.8.3.1 Deals 354
12.1.9 NAN YA PLASTICS CORPORATION 355
12.1.9.1 Business overview 355
12.1.9.2 Products offered 356
12.1.10 KUKDO CHEMICAL CO., LTD. 357
12.1.10.1 Business overview 357
12.1.10.2 Products offered 358
12.2 OTHER PLAYERS 359
12.2.1 JIANGSU SANMU GROUP 359
12.2.1.1 Products offered 359
12.2.2 ETERNAL MATERIALS CORPORATION LIMITED 360
12.2.2.1 Products offered 360
12.2.3 WANHUA CHEMICAL GROUP CO., LTD. 362
12.2.3.1 Products offered 362
12.2.4 WACKER CHEMIE AG 363
12.2.4.1 Products offered 363
12.2.5 OLIN CORPORATION 364
12.2.5.1 Products offered 364
12.2.6 MOMENTIVE PERFORMANCE MATERIALS INC. 366
12.2.6.1 Products offered 366
12.2.7 LUBRIZOL PERFORMANCE COATINGS 367
12.2.7.1 Products offered 367
12.2.7.2 Recent developments 368
12.2.7.2.1 Product launches 368
12.2.8 POLYNT-REICHHOLD 369
12.2.8.1 Products offered 369
12.2.8.2 Recent developments 370
12.2.8.2.1 Expansions 370
12.2.9 HELIOS RESINS 371
12.2.9.1 Products offered 371
12.2.10 SYNTHOPOL 373
12.2.10.1 Products offered 373
12.2.11 HITECH INDUSTRIES FZE 374
12.2.11.1 Products offered 374
12.2.12 ATUL LTD. 376
12.2.12.1 Products offered 376
12.2.13 LAWTER 377
12.2.13.1 Products offered 377
12.2.14 EASTMAN CHEMICAL COMPANY 378
12.2.14.1 Products offered 378
12.2.15 CHANG CHUN GROUP 379
12.2.15.1 Products offered 379
12.2.16 OTHER RELATED PLAYERS 380
13 ADJACENT AND RELATED MARKETS 381
13.1 INTRODUCTION 381
13.1.1 LIMITATIONS 381
13.2 PAINTS & COATINGS MARKET 381
13.2.1 MARKET DEFINITION 381
13.2.2 MARKET OVERVIEW 382
13.2.3 PAINTS & COATINGS MARKET, BY TECHNOLOGY 382
13.2.3.1 Waterborne coatings 383
13.2.3.2 Solventborne coatings 383
13.2.3.3 Powder coatings 383
13.2.3.4 Other technologies 383
13.2.4 PAINTS & COATINGS MARKET, BY RESIN TYPE 384
13.2.4.1 Acrylic 384
13.2.4.2 Alkyd 384
13.2.4.3 Epoxy 384
13.2.4.4 Polyester 385
13.2.4.5 Polyurethane 385
13.2.4.6 Fluoropolymer 385
13.2.4.7 Vinyl 385
13.2.4.8 Other resin types 385
13.2.5 PAINTS & COATINGS MARKET, BY END-USE INDUSTRY 386
13.2.5.1 Architectural 386
13.2.5.2 Industrial 387
13.2.6 PAINTS & COATINGS MARKET, BY REGION 387
13.2.6.1 Asia Pacific 388
13.2.6.2 Europe 388
13.2.6.3 North America 388
13.2.6.4 Middle East & Africa 388
13.2.6.5 South America 388
 
14 APPENDIX 389
14.1 DISCUSSION GUIDE 389
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 392
14.3 CUSTOMIZATION OPTIONS 394
14.4 RELATED REPORTS 394
14.5 AUTHOR DETAILS 395