Coating Resins Market - Asia Pacific Industry Analysis and Forecast 2015 – 2023

Transparency Market
Research
Coating Resins Market - Asia Pacific Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2023
Published Date
28-Sept-2015
155 Page Report
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Press Release
Buoyant Construction Industry in Asia Pacific will Drive Coating
Resins Market past US$27 bn by 2023 : TMR
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Coating Resins Market
REPORT DESCRIPTION
Coating Resins Market - Asia Pacific Industry Analysis, Size, Share, Growth, Trends and Forecast 2015
- 2023
Transparency Market Research has published a new report, titled “Coating Resins Market - Asia Pacific
Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 -2023.” According to the report, the
Asia Pacific coating resins market was valued at US$15.24 bn in 2014 and is anticipated to reach US$27.87 bn
by 2023, expanding at a CAGR of 7.0% between 2015 and 2023.
Browse the full Coating Resins Market by Technology for Building & Construction, Automotive, Marine,
Electronics, Furniture, and Other End-users - Asia Pacific Industry Analysis, Size, Share, Growth,
Trends and Forecast 2015 -2023 report at : http://www.transparencymarketresearch.com/asia-pacificcoating-resins-market.html
Increase in demand for coating resins in the building and construction industry is the key driver of the market in
Asia Pacific. Growth in building and construction activities in China, India, Indonesia, Vietnam, and Malaysia is
expected to boost industry growth. Furthermore, expansion of the automotive industry in the region is likely to
drive the coating resins market from 2015 to 2023. The marine and electronics industries are the other major
end-users of coating resins in Asia Pacific. However, stringent regulations related to VOC and suspended
particulate emissions as well as volatile raw material prices are anticipated to hamper market growth in Asia
Pacific. Vietnam is likely to offer new growth opportunities in the coating resins market during the forecast
period.
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Acrylics was the most widely used product, accounting for over 25% share of the coating resins market in Asia
Pacific in 2014. This resin is extensively used in building and construction as it improves the quality of
coatings. Alkyds held the second-largest share of the coating resins market in Asia Pacific in terms of volume
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Coating Resins Market
in 2014. These resins are largely used during processing of decorative and protective coatings. However,
urethanes is estimated to be the fastest growing product segment during the forecast period due to high
demand in the furniture and marine industries.
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In terms of technology, the solventborne segment accounted for the largest share of the coating resins market
in Asia Pacific in 2014. However, rising governmental regulations regarding VOC emissions is expected to
propel demand for waterborne, high solid/radiation cured, and powder technologies in the region from 2015 to
2023. Waterborne is expected to be the fastest growing technology segment in Asia Pacific during the forecast
period.
The building & construction end-user segment held the largest share of the coating resins market in Asia
Pacific in 2014. Coating resins are used in the processing of architectural coatings for exterior as well as
interior constructions. The automotive segment accounted for the second-largest share of the coating resins
market in Asia Pacific in 2014. However, high demand for coating resins in the marine industry is likely to
provide strong growth opportunities for coating resins during the forecast period. Furthermore, this segment is
the fastest growing end-user in the region.
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China dominated the coating resins market in Asia Pacific, accounting for more than half of the total market in
terms of volume in 2014. Development in the building & construction and automotive industries drives the
coating resins market in this country. India held the second-largest share of the coating resins market in Asia
Pacific in 2014. Rising infrastructure activities have fueled the growth of the market in India. Countries such as
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Coating Resins Market
Indonesia, Malaysia, Singapore, Vietnam and Thailand are likely to witness increase in demand for coating
resins by 2023 due to growth in the building & construction, automotive, and marine industries.
The report provides a comprehensive view of the coating resins market in terms of volume and revenue. It
includes current demand analysis and forecast for product segments and end-users in China, India, Indonesia,
Malaysia, Singapore, Thailand, Vietnam, and Rest of Asia Pacific.
The coating resins market has been divided into the following segments:
Coating Resins Market - Asia Pacific Product Segment Analysis
•
Acrylics
•
Alkyds
•
Epoxies
•
Unsaturated polyesters
•
Urethanes
•
Others (Including amino coating resins, etc.)
Coating Resins Market – Asia Pacific Technology Analysis
•
Solventborne
•
Waterborne
•
High solids/radiation cures
•
Powder
•
Others (Including hybrid technology, etc.)
Coating Resins Market – Asia Pacific End-user Analysis
•
Building & construction
•
Automotive
•
Marine
•
Electronics
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Coating Resins Market
•
Furniture
•
Others (Including aerospace, etc.)
Coating Resins Market – Asia Pacific Country Analysis
•
China
•
India
•
Indonesia
•
Malaysia
•
Singapore
•
Thailand
•
Vietnam
•
Rest of Asia Pacific
TABLE OF CONTENT
Chapter 1 Preface
Report Description
Research Scope
Assumptions
Market Segmentation
Research Methodology
Chapter 2 Executive Summary
Asia Pacific Coating Resins Market, 2014 - 2023, (Kilo Tons) (US$ Mn)
Coating Resins: Market Snapshot
Chapter 3 Coating Resins Market – Industry Analysis
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Coating Resins Market
Introduction
Value Chain Analysis
Market Drivers
Driver 1 – Growth in Building & Construction Market in Asia Pacific to Propel Demand for Coating Resins
Driver 2 – Expansion of Automotive Industry in Asia Pacific to Boost Coating Resins Market
Restraints
Restraint 1 – Volatility in Prices of Raw Materials Expected to Dampen Growth of Asia Pacific Coating Resins
Market
Restraint 2 – Strict Governmental Regulations in Asia Pacific to Hamper Market Growth
Opportunity
Opportunity 1 – Vietnam Expected to Create Lucrative Market Opportunities for Coating Resins
Porter’s Five Forces Analysis
Bargaining Power of Suppliers
Bargaining Power of Buyers
Threat of New Entrants
Threat of Substitutes
Degree of Competition
Coating Resins: Market Attractiveness Analysis
Coating Resins: Company Market Share Analysis, 2014
Chapter 4 Raw Material and Price Trend Analysis
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Coating Resins Market
Raw Material Analysis – Manufacturing/Extraction Process
Raw Material Price Trends, 2014 – 2023 (US$/Ton)
Coating Resins Price Trends, 2014 – 2023 (US$/Ton)
Chapter 5 Market Segmentation – Technology Analysis
Asia Pacific Coating Resins Market – Technology Analysis
Asia Pacific Solventborne Coating Resins Market
Asia Pacific High Solids/Radiation Cured Coating Resins Market
Asia Pacific Powder Coating Resins Market
Asia Pacific Other Coating Resins Market
Chapter 6 Market Segmentation – Product Segment Analysis
Asia Pacific Coating Resins Market – Product Segment Analysis
Asia Pacific Acrylic Coating Resins Market
Asia Pacific Alkyd Coating Resins Market
Asia Pacific Epoxy Coating Resins Market
Asia Pacific Unsaturated Polyester Coating Resins Market
Asia Pacific Urethane Coating Resins Market
Asia Pacific Others Coating Resins Market
Chapter 7 Market Segmentation – End-user Analysis
Asia Pacific Coating Resins Market – End-user Analysis
Asia Pacific Coating Resins Market for Building & Construction
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Coating Resins Market
Asia Pacific Coating Resins Market for Automotive
Asia Pacific Coating Resins Market for Marine
Asia Pacific Coating Resins Market for Electronics
Asia Pacific Coating Resins Market for Furniture
Asia Pacific Coating Resins Market for Others
Chapter 8 Market Segmentation – Country Analysis
Asia Pacific Coating Resins – Market Snapshot
China Coating Resins Market – Technology Analysis
China Coating Resins Market – Product Segment Analysis
China Coating Resins Market – End-user Analysis
India Coating Resins Market – Technology Analysis
India Coating Resins Market – Product Segment Analysis
India Coating Resins Market – End-user Analysis
Indonesia Coating Resins Market – Technology Analysis
Indonesia Coating Resins Market – Product Segment Analysis
Indonesia Coating Resins Market – End-user Analysis
Malaysia Coating Resins Market – Technology Analysis
Malaysia Coating Resins Market – Product Segment Analysis
Malaysia Coating Resins Market – End-user Analysis
Singapore Coating Resins Market – Technology Analysis
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Coating Resins Market
Singapore Coating Resins Market – Product Segment Analysis
Singapore Coating Resins Market – End-user Analysis
Thailand Coating Resins Market – Technology Analysis
Thailand Coating Resins Market – Product Segment Analysis
Thailand Coating Resins Market – End-user Analysis
Vietnam Coating Resins Market – Technology Analysis
Vietnam Coating Resins Market – Product Segment Analysis
Vietnam Coating Resins Market – End-user Analysis
Rest of Asia Pacific Coating Resins Market – Technology Analysis
Rest of Asia Pacific Coating Resins Market – Product Segment Analysis
Rest of Asia Pacific Coating Resins Market – End-user Analysis
Chapter 9 Company Profiles
Akzo Nobel N.V.
Arkema S.A.
Allnex Belgium SA/NV
BASF SE
DIC Corporation
Eternal Resin Co. Ltd.
Evonik Industries
Nuplex Industries Ltd.
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Coating Resins Market
PT. Citra Resins Industries
PT. Diachem Resins Indonesia
Royal DSM N.V.
Royal Chemie Indonesia Tbk
Worldwide Resins & Chemicals Sdn Bhd
PT. Inawan Chemtex Sukses Abadi
Chapter 10 Primary Research – Key Findings
Browse All Chemical Market Research Reports:
http://www.transparencymarketresearch.com/chemical-market-reports-2.html
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Coating resins are primary polymer compounds used in producing different types of coatings. Coating resins are advanced materials exclusively used in various end-user industries such as building & construction, automotive, marine, electronics, and furniture. Building & construction was the largest end-user segment of the coating resins market in Asia Pacific in 2014. However, marine is likely to be the fastest growing segment of the coating resins market in the region by the end of 2023. Acrylics was the largest product segment in the coating resins market in Asia Pacific in 2014. The threat of substitutes in the technology segment is expected to be high in the coating resins market in Asia Pacific due to increasing use of waterborne and powder technologies over solventborne. Browse The Full Market Report , Here : http://www.transparencymarketresearch.com/asia-pacific-coating-resins-market.html