Resins Market in Paints & Coatings: A Sustainable approach towards Environment Concerns

Nov. 30, 2021 - PRLog -- AKI Research & Consulting has published a recent blog about the resins market in paints & coatings.

According to AKI Research, the resins market in paints & coatings was valued at USD 35,451.51 million in 2020 with a declined rate of 7.97% from 2019 as the pandemic effects has a high impact on the resins market across the regions with declined production rate and disruption in the supply chain owing to global resilience due to covid-19. However, the market is poised to grow at a CAGR of 4.72% over the forecast period 2021-2026.

By resin type, in 2020, Acrylic resin accounted for the largest resin market in paints & coatings and is estimated to have a CAGR of 4.73% over the forecast period 2021-2026.

By region, Asia Pacific dominated the resins market in paints & coatings and was valued at USD 15,353.81 million in 2020, followed by Europe, and North America respectively. The region is also poised to grow fastest at a CAGR of 5.22% over the forecast period due to growth in demand from construction and automotive industries, and increasing powder coatings technology applications.

The resins market in paints & coatings is highly competitive and the key players in the global resins market in paints & coatings include Arkema, BASF SE, Dow Dupont, Covestro, Evonik Industries, Huntsman International, PTTGC International (Netherlands) B.V. (ALLNEX NETHERLANDS B.V.), Reichhold, Mitsubishi Chemical Corporation, Mitsui Chemicals, Wanhua Chemical Group, Helios Resin, Eastman Chemical Company, DIC Corporation, Perstorp, Solvay, Wacker Chemie, etc. among others.

Link to read the full blog here: https://www.akiresearch.com/post/resins-market-in-paints-...

Our full Report on Global Resins Market in Paints & Coatings will include:

• Market Segmentation: Resin Type, Technology Type, End-user Type, and Geography
• Market Dynamics: Market Drivers, Restraints/Challenges, Opportunities
• Region: Global. Includes 5 regions (North America, South America, Europe, Asia-Pacific, Middle-East & Africa)
• Country: 18 Major Countries + Rest of Countries in Each Region
• Company Profiles: 15+ Major Companies
• Base Year: 2020, Forecast: 2021-26 (Y-o-Y)
• Past Years: 2016-2019
• Market Share for 2020(est.) & recent developments

*Customization is available for the full report.
For the full report, please reach us at  hello at the rate akiresearch dot com or visit the above the link.