Global Coating Resins Market Size, Trends & Growth Opportunity By Type (Saturated Polyester Resin, Unsaturated Polyester Resin, Vinyl, Alkyd) , By Technology (Radiation Cured, Powder Coating, High Solid, Solvent Borne) By Application (Vehicle Refinish, Automotive OEM, Protective & Marine, Industrial), By Region and Forecast till 2027
Market Overview
Global Coating Resins Market was valued at USD 39.10 billion by 2021 which is expected to reach USD 50.88 billion by 2027 at a CAGR 4.53 %from 2022-2027
Coating resins are polymer compounds that are utilized as main ingredients in the production of paints and coatings. These resins serve as protective layers for numerous things and are solely used to give hardness, corrosion, stain, and weather resistance. The manufacturing of formation coating resins is based on several procedures such as radiation curing, powder coating, high solid, solvent borne, and waterborne.
Market Drivers
Increased demand from end-use sectors such as automotive, protective & marine, industrial, and architectural is predicted to drive the expansion of the worldwide coating resins business. Furthermore, an increase in demand for roadway markings, as well as an increase in residential and commercial constructions, are industry boosting factors predicted to push market expansion during the projection period. Additionally, the increased production of automobiles is likely to promote the expansion of the worldwide coating resins market. The high demand for coating resins due to their weather resilience will significantly fuel market growth throughout the forecast period.
Market Restraints
However, volatility in raw material prices, as well as rigorous laws and regulations, are projected to limit the growth of the worldwide coating resins market.
Market Segmentation
Global Coating Resins Market is segmented into type such as Saturated Polyester Resin, Unsaturated Polyester Resin, Vinyl, Alkyd, Polyurethane, Epoxy, Acrylic, and Others, by technology such as Radiation Cured, Powder Coating, High Solid, Solvent Borne, and Waterborne. Further, market is segmented into application such as Vehicle Refinish, Automotive OEM, Protective & Marine, Industrial, Architectural, and Others.
Also, Global Coating Resins Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific has long been recognised. The region features several different types of economies, all of which are at various stages of growth. Rapid economic growth and considerable investments in sectors such as automotive, consumer goods and appliances, building and construction, and furnishings have contributed significantly to the region's wealth.
Market Key Players
Various key players are discussed in this report such as Mitsubishi Chemical Corporation, Huntsman International Llc., Covestro, Polynt-Reichhold, Evonik Industries Ag, The Sherwin Williams Company,Dow,  Allnex Netherlands B.V,  DSM, and BASF SE
Market Taxonomy 
By Type
• Saturated Polyester Resin
• Unsaturated Polyester Resin
• Vinyl
• Alkyd
• Polyurethane
• Epoxy
• Acrylic
• Others
By Technology
• Radiation Cured
• Powder Coating
• High Solid
• Solvent Borne
• Waterborne
By Application
• Vehicle Refinish
• Automotive OEM
• Protective & Marine
• Industrial
• Architectural
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Global Coating Resins Market TOC 
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Coating Resins Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Coating Resins Market, By Type
5.1 Y-o-Y Growth Comparison, By Type 
5.2 Global Coating Resins Market Share Analysis, By Type 
5.3 Global Coating Resins Market Size and Forecast, By Type
5.3.1 Saturated Polyester Resin
5.3.2Unsaturated Polyester Resin
5.3.3Vinyl
5.3.4Alkyd
5.3.5Polyurathane
5.3.6Epoxy
5.3.7Acrylic
5.3.8Others
6 Global Coating Resins Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Coating Resins Market Share Analysis, By Technology
6.3 Global Coating Resins Market Size and Forecast, By Technology
6.3.1 Radiation Cured
6.3.2 Powder Coating
6.3.3 High Solid
6.3.4Solvent Borne
6.3.5Waterborne
7 Global Coating Resins Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Coating Resins Market Share Analysis, By Application
7.3 Global Coating Resins Market Size and Forecast, By Application
7.3.1 Vehicle Refinish
7.3.2 Automotive OEM
7.3.3Protective & Marine
7.3.4Industrial
7.3.5Architectural
7.3.6Others
8Global Coating Resins Market, By Region
8.1 Global Coating Resins Market Share Analysis, By Region
8.2 Global Coating Resins Market Share Analysis, By Region
8.3 Global Coating Resins Market Size and Forecast, By Region
9 North America Coating Resins Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 North America Coating Resins Market Share Analysis, By Type
9.3 North America Coating Resins Market Size and Forecast, By Technology
9.4 North America Coating Resins Market Size and Forecast, By Application
9.5 North America Coating Resins Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10Europe Coating Resins Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Europe Coating Resins Market Share Analysis, By Type 
10.3 Europe Coating Resins Market Size and Forecast, By Technology 
10.4 Europe Coating Resins Market Size and Forecast, By Application
10.5 Europe Coating Resins Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Coating Resins Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Asia Pacific Coating Resins Market Share Analysis, By Type 
11.3 Asia Pacific Coating Resins Market Size and Forecast, By Technology 
11.4 Asia Pacific Coating Resins Market Size and Forecast, By Application
11.5 Asia Pacific Coating Resins Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Coating Resins Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Latin America Coating Resins Market Share Analysis, By Type 
12.3 Latin America Coating Resins Market Size and Forecast, By Technology 
12.4 Latin America Coating Resins Market Size and Forecast, By Application
12.5 Latin America Coating Resins Market Size and Forecast, Country
13Middle East Coating Resins Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Middle East Coating Resins Market Share Analysis, By Type 
13.3 Middle East Coating Resins Market Size and Forecast, By Technology 
13.4 Middle East Coating Resins Market Size and Forecast, By Application
13.5 Middle East Coating Resins Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Mitsubishi Chemical Corporation
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Huntsman International LLC
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Covestro
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Polynt-Reichhold
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Evonik Industries AG
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 The Sherwin Williams Company 
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 DOW
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies 
15.8 Allnex Netherlands B.V
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies 
15.9 DSM
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies 
15.10 BASF SE
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies