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Coating Resins Market Share

Report ID: GMI7195
Published Date: Oct 2023
Report Format: PDF

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Coating Resins Market Share

Major players operating in the coating Resins industry include:

BASF SE
Akzo Nobel N.V.
PPG Industries, Inc.
The Sherwin-Williams Company
RPM International Inc.
Axalta Coating Systems
Arkema Group

BASF and Akzo Nobel are dominant players in the global market due to their vast product portfolio. BASF’s ecosystem integration, along with consistent innovation, have attracted millions of customers. Their brand recognition and exclusive content deals solidify their leadership in the highly competitive market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of coating resins was worth USD 56.6 billion in 2023 and is anticipated to record over 5.7% CAGR between 2024 and 2032.

Water-based coatings segment accounted for over 50% market share in 2022 and is projected to grow through 2032 due to their low VOC content, that makes them compliant with strict environmental regulations.

The U.S. coating resins industry value was over USD 10.7 billion in 2022 and will grow significantly through 2032 driven by new construction, residential and commercial building projects, as well as infrastructure development in the nation.

BASF SE, Akzo Nobel N.V., PPG Industries, Inc., The Sherwin-Williams Company, RPM International Inc., Axalta Coating Systems, and Arkema Group.