The global Protective Coating Resins market was valued at 1687.95 Million USD in 2021 and will grow with a CAGR of 2.37% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Protective coating resins are predominantly used to achieve corrosion control, temperature resistance, chemical resistance, hardness, and toughness in harsh environments. As such, protective coatings are applied to a surface to ensure protection from external environment, which can otherwise damage the function or integrity of an item or part. Protective coatings find applications in consumer products as well as in the heavy machinery, marine, automotive, and oil and gas industries.North America accounted for the second-largest market share in 2017. China is the largest producer of protective coating resins worldwide with the presence of manufacturing facilities of major industry players in the country. Most of the big players in the protective coatings market are backward integrated and have the competitive advantage over other manufacturers. The threat of new entrants in the market in China, India, and other Asia-Pacific countries is high due to low cost of raw material and labor.

By Market Verdors:

Akzo Nobel

Axalta Coatings systems

RPM International

Dow Chemical Company

Sherwin-Williams Company

Arkema Group

allnex Group

Hempel

Jotun

Sika

PPG Industries

Wacker Chemie

By Types:

Acrylic

Epoxy

Polyurethane

Alkyd

Polyester

By Applications:

Infrastructure & Construction

Oil & Gas

Aerospace

Marine

Automotive

Power Generation

Mining

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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