Protective Coatings resins market is expected to grow at a steady pace in the coming years. Epoxy, Alkyds, Acrylic, Polyurethane, vinyl etc. are the different types of coating applications. Acrylics remain to be most popular of all, mainly in Asia Pacific in 2017. The rising demand for end user segments such as architecture and automotive industry is drive the demand for these resins.
What is Protective Coatings Resins?
Protective Coatings resins are polymer compounds which are used in various applications to provide resistance from corrosion, hardness, weather and stains. The protective coatings are formulated using a variety of techniques. The formulation could be water-based, oil-based or a powder. The process to ensure the compatibility for coatings resin depends upon the specifications such as location, base material, type of coating etc.
Market Research and Market Trends of Protective Coatings Resins Market
- The protective coating resins manufacturers are conducting regular researches to comply with the changing performances, environmental and economic needs worldwide. Leading companies such as Arkema are offering solutions based on aqueous polymer emulsions, apacifiers, aqueous or solvent based alkyds and acrylics, oil free polyester resins, polyester polyol, powder polyester resins and additives solvent based systems.
- Controlling air pollution amongst others types of pollution has become a major concern for governments. To prevent air pollution National environmental bodies have introduced stringent rules and regulations on VOC emission standards for the coating industry. The market is observing a shift of usage from oil based to water based coating in a number of industries. Water based coatings that were highly adopted in high end automobiles are now being implemented in industrial, furniture and construction industry owing to their ability for being ecofriendly and their compliance.
Who are the Major Players in Protective Coatings Resins Market?
The major vendors in the Protective Coating resins market are The Dow Chemical, Momentive Specialty Chemicals, Royal DSM, BASF, Arkema, Cytec Coating Resins, Electrolube, Alberdingk Boley Inc., Brenntag Specialties Inc., Company 10 and others.
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