The market for coating binders is anticipated to be worth USD 35,133 million in 2022 and rise at a CAGR of 3.1% from 2022 to 2032 to reach USD 50,563 million.
According to Fact.MR estimates, the market for coating binders will be worth USD 50,563 million by 2032’s end and will represent roughly 20% of the whole market for polymer binders during that time.
Binders for coatings play a crucial role in keeping pigments in place, which is essential for coatings’ protective qualities. Additionally, durability and appearance of coatings are improved by using the proper ratio of binders. As a result, coating binders have been recognised as the most significant chemical in the composition of coatings.
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Competition Landscape
The global coating binder market is partially consolidated with key players dominating the global value share. Moreover, players have opted for mix of organic and in-organic growth strategies such as product development, innovation, collaboration thus helping them to garner market share.
Fact.MR has provided detailed information about price points of top manufacturers of coating binder positioned across regions, in addition to providing sales growth information, production capacity, and speculative production expansion in the recently published report.
Prominent Key Players Of The Coating Binders Market Survey Report:
- Arkema sa
- ASHLAND GLOBAL HOLDINGS, INC
- BASF SE
- Evonik Industries AG
- H.B. Fuller company
- Koninklijke DSM N.V.
- Shin-Etsu Chemical Co., Ltd.
- Stephan company
- Synthomer plc
- The Dow chemical company
- THE Lubrizol corporation
- The Sherwin-Williams Co.
- Toray Industries, Inc.
Key Segments
- By Product Type
- Alkyds
- Acrylics
- Epoxy
- Polyesters
- Vinyl-Acrylics
- Polyurethanes
- Others
- By Nature
- Synthetic
- Natural
- By Technology
- Waterborne Coating
- Solvent Based Coating
- Powder Coating
- High Solids
- UV Cure
- By Application
- Architectural Coating
- Automotive Coating
- Wood Coating
- Industrial Coatings
- Others
- By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Questionnaire answered in the Coating Binders Market report include:
- How the market for Coating Binders has grown?
- What is the present and future outlook of the global Coating Binders on the basis of region?
- What are the challenges and opportunities for the Coating Binders?
- Why the consumption of Coating Binders highest in region?
- In which year segment is expected to overtake segment?
