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PUBLISHER: IMARC | PRODUCT CODE: 1722553

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PUBLISHER: IMARC | PRODUCT CODE: 1722553

Coating Resins Market Report by Type, Technology, Application, and Region 2025-2033

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The global coating resins market size reached USD 41.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 57.6 Billion by 2033, exhibiting a growth rate (CAGR) of 3.46% during 2025-2033. The growing shift towards environmentally friendly coatings, ongoing technological innovations, and expanding industrial sector are primarily driving the market's growth.

Coating resins are applied on the surface of different objects to achieve hardness and durability and abrasion, impact and chemical resistance. They have high ductility, water repellency, elegant and captivating aesthetic, quick cleaning capabilities, and no strong or unpleasant odors. They assist in updating vintage furniture and furnishing items, such as pellet stoves and fireplaces. At present, coating resins are used to extend the life of concrete floors in industrial facilities, warehouses, and logistic centers. They also find extensive applications in automotive, construction, and aerospace industries across the globe.

Coating Resins Market Trends:

At present, there is a rise in the demand for architectural coatings due to increasing residential and commercial constructions around the world. This, along with the growing utilization of roadway markings, such as zebra crossing and lane changing for the safety of the masses, represents one of the key factors driving the market. In addition, there is an increase in the employment of coating resins to protect wooden structures from pests and humid conditions. This, coupled with the escalating demand for these resins in passenger cars and light and heavy-duty commercial vehicles to achieve mechanical strength, adhesion to metals, and heat resistance, is propelling the growth of the market. Apart from this, the growing use of coating resins in electrical wires to provide electrical insulation is positively influencing the market. Besides this, key market players are extensively investing in research and development (R&D) activities to introduce green coating resins to develop environment-friendly products. They are also focusing on introducing water-based alkyd technologies. These innovations are projected to bolster the growth of the market in the coming years.

Key Market Segmentation:

Breakup by Type:

  • Acrylic
  • Epoxy
  • Polyurethane
  • Alkyd
  • Vinyl
  • Polyester
  • Others

Breakup by Technology:

  • Water-based Coatings
  • Solvent-borne Coatings
  • Powder Coatings
  • Others

Breakup by Application:

  • Architectural
  • Industrial
  • Protective and Marine
  • Automotive OEM
  • Vehicle Refinish
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Allnex (PTT Global Chemical Public Company Limited), Arkema S.A., BASF SE, Covestro AG, Dow Inc., Evonik Industries AG, Hexion Inc., Huntsman Corporation, Mitsubishi Chemical Holdings Corporation, Polynt S.p.A. and The Sherwin-Williams Company.

Key Questions Answered in This Report

  • 1.How big is the coating resins market?
  • 2.What is the future outlook of coating resins market?
  • 3.What are the key factors driving the coating resins market?
  • 4.Which region accounts for the largest coating resins market share?
  • 5.Which are the leading companies in the global coating resins market?
Product Code: SR112025A5773

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Coating Resins Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Acrylic
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Epoxy
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Polyurethane
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Alkyd
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Vinyl
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast
  • 6.6 Polyester
    • 6.6.1 Market Trends
    • 6.6.2 Market Forecast
  • 6.7 Others
    • 6.7.1 Market Trends
    • 6.7.2 Market Forecast

7 Market Breakup by Technology

  • 7.1 Water-based Coatings
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Solvent-borne Coatings
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Powder Coatings
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Others
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Architectural
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Industrial
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Protective and Marine
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Automotive OEM
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Vehicle Refinish
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Others
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Allnex (PTT Global Chemical Public Company Limited)
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
    • 14.3.2 Arkema S.A.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
      • 14.3.2.4 SWOT Analysis
    • 14.3.3 BASF SE
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
      • 14.3.3.4 SWOT Analysis
    • 14.3.4 Covestro AG
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
      • 14.3.4.4 SWOT Analysis
    • 14.3.5 Dow Inc.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
    • 14.3.6 Evonik Industries AG
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
      • 14.3.6.4 SWOT Analysis
    • 14.3.7 Hexion Inc.
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Huntsman Corporation
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
      • 14.3.8.4 SWOT Analysis
    • 14.3.9 Mitsubishi Chemical Holdings Corporation
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
      • 14.3.9.4 SWOT Analysis
    • 14.3.10 Polynt S.p.A.
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 SWOT Analysis
    • 14.3.11 The Sherwin-Williams Company
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 Financials
      • 14.3.11.4 SWOT Analysis
Product Code: SR112025A5773

List of Figures

  • Figure 1: Global: Coating Resins Market: Major Drivers and Challenges
  • Figure 2: Global: Coating Resins Market: Sales Value (in Billion USD), 2019-2024
  • Figure 3: Global: Coating Resins Market Forecast: Sales Value (in Billion USD), 2025-2033
  • Figure 4: Global: Coating Resins Market: Breakup by Type (in %), 2024
  • Figure 5: Global: Coating Resins Market: Breakup by Technology (in %), 2024
  • Figure 6: Global: Coating Resins Market: Breakup by Application (in %), 2024
  • Figure 7: Global: Coating Resins Market: Breakup by Region (in %), 2024
  • Figure 8: Global: Coating Resins (Acrylic) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 9: Global: Coating Resins (Acrylic) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 10: Global: Coating Resins (Epoxy) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 11: Global: Coating Resins (Epoxy) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 12: Global: Coating Resins (Polyurethane) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 13: Global: Coating Resins (Polyurethane) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 14: Global: Coating Resins (Alkyd) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 15: Global: Coating Resins (Alkyd) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 16: Global: Coating Resins (Vinyl) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 17: Global: Coating Resins (Vinyl) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 18: Global: Coating Resins (Polyester) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 19: Global: Coating Resins (Polyester) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 20: Global: Coating Resins (Other Types) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 21: Global: Coating Resins (Other Types) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 22: Global: Coating Resins (Water-based Coatings) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 23: Global: Coating Resins (Water-based Coatings) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 24: Global: Coating Resins (Solvent-borne Coatings) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 25: Global: Coating Resins (Solvent-borne Coatings) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 26: Global: Coating Resins (Powder Coatings) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 27: Global: Coating Resins (Powder Coatings) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 28: Global: Coating Resins (Other Technologies) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 29: Global: Coating Resins (Other Technologies) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 30: Global: Coating Resins (Architectural) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 31: Global: Coating Resins (Architectural) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 32: Global: Coating Resins (Industrial) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 33: Global: Coating Resins (Industrial) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 34: Global: Coating Resins (Protective and Marine) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 35: Global: Coating Resins (Protective and Marine) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 36: Global: Coating Resins (Automotive OEM) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 37: Global: Coating Resins (Automotive OEM) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 38: Global: Coating Resins (Vehicle Refinish) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 39: Global: Coating Resins (Vehicle Refinish) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 40: Global: Coating Resins (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 41: Global: Coating Resins (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 42: North America: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 43: North America: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 44: United States: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 45: United States: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 46: Canada: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 47: Canada: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 48: Asia-Pacific: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 49: Asia-Pacific: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 50: China: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 51: China: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 52: Japan: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 53: Japan: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 54: India: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 55: India: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 56: South Korea: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 57: South Korea: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 58: Australia: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 59: Australia: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 60: Indonesia: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 61: Indonesia: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 62: Others: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 63: Others: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 64: Europe: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 65: Europe: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 66: Germany: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 67: Germany: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 68: France: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 69: France: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 70: United Kingdom: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 71: United Kingdom: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 72: Italy: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 73: Italy: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 74: Spain: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 75: Spain: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 76: Russia: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 77: Russia: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 78: Others: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 79: Others: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 80: Latin America: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 81: Latin America: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 82: Brazil: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 83: Brazil: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 84: Mexico: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 85: Mexico: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 86: Others: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 87: Others: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 88: Middle East and Africa: Coating Resins Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 89: Middle East and Africa: Coating Resins Market: Breakup by Country (in %), 2024
  • Figure 90: Middle East and Africa: Coating Resins Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 91: Global: Coating Resins Industry: SWOT Analysis
  • Figure 92: Global: Coating Resins Industry: Value Chain Analysis
  • Figure 93: Global: Coating Resins Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Coating Resins Market: Key Industry Highlights, 2024 and 2033
  • Table 2: Global: Coating Resins Market Forecast: Breakup by Type (in Million USD), 2025-2033
  • Table 3: Global: Coating Resins Market Forecast: Breakup by Technology (in Million USD), 2025-2033
  • Table 4: Global: Coating Resins Market Forecast: Breakup by Application (in Million USD), 2025-2033
  • Table 5: Global: Coating Resins Market Forecast: Breakup by Region (in Million USD), 2025-2033
  • Table 6: Global: Coating Resins Market: Competitive Structure
  • Table 7: Global: Coating Resins Market: Key Players
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