Coating Binders Market
Coating Binders Market Analysis Report By Product Type (Alkyds, Acrylics, Epoxy, Polyesters), By Nature (Synthetic, Natural), By Technology (Waterborne, Solvent Based, Powder Coating), By Application (Architectural, Automotive Coating), By Region - Global Forecast 2022 to 2032
Analysis of Coating Binders market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Coating Binders Market Outlook
Global coating binders market is estimated to be valued at USD 35,133 million in 2022 and is forecast to reach USD 50,563 million by 2032, growing with a CAGR of 3.1% from 2022 to 2032.
Report Attributes | Details |
---|---|
Market size value in 2021A | USD 33,821 Million |
Market value estimated in 2022E | USD 35,133 Million |
Market forecast value in 2032F | USD 50,563 Million |
Global Growth Rate | CAGR 3.1% |
Top 5 Companies Market Share | ~32% |
Key Companies Profiled | 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. |
As per Fact.MR estimations coating binders market value to reach USD 50,563 million valuation by 2032 end, and shall account for about 20% of the overall polymer binder market value during the same period.
In the meantime, coating binder consumption is projected to increase with a CAGR of around 3.1% over next decade while being valued at USD 50,563 million by 2032 end, evaluates Fact.MR- a market research and competitive intelligence provider.
Moreover, production of coating binders stood at around 40.1 Kilo tons in 2021, accounting for 23.5% of total binder production and is poised to grow with a CAGR of around 2.8% with production projected to reach 48.7 Kilo tons by 2032 end.
Coating binders plays an important role in holding pigments in place which is important for coating’s protective attributes. Moreover, correct ratio of binders in coatings enhances durability and appearance. Hence, coating binders have been acknowledged as the most important chemical for coating’s makeup.
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Coating Binders Market Outlook (2017 to 2032)
As per Fact.MR- a market research and competitive intelligence provider, global coating binder consumption over past half decade grew with a CAGR of around 2.5%. While global volume consumption in 2021 end stood at around 40.1 Kilo tons. Application which saw major consumption of coating binder was architectural coating segment. This can mainly attributed to rapid urbanization that has taken place along with growing interest among household to provide durability and protection to their exterior walls.
Additionally, projections are that growing demand for chemicals which can provide gloss retention, tint retention, and resistance to blistering, cracking and flaking will provide thrust to the production of coating binders over next decade, especially in regions such as China and India.
Moreover, rising consumption of coating binder in architectural coating, is poised to grow at with higher single-digit CAGR over the projected forecast period. Further, mounting research and development into production of environmental friendly binders along with demand for resins with high solvency will drive the consumption of coating binders 1.5X by 2032.
Further, sports surfaces require coatings with great adhesion hence binder plays an important role in ensuring high build for tennis courts and other sports surfaces. Thus growing sport activities globally will provide a major boost to the consumption of coating binders over next decade.
Rising trend of Decorative Painting to Boost Coating Binder Sales?
Over the past half-decade, consumers have not only opted for coatings in order to provide protection to the exterior and interior of the walls but are also demanding aesthetic looks with glossing effect. Thus in order to satisfy consumers need for high performance paints, market players are investing in development of binders which can provide adhesion without compromising on aesthetics.
Moreover, rise in DIY activities has provided major boost to the consumption of paints and coatings thus driving the demand for coating binders.
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Country Wise Analysis
What makes Asia Growth Driver for Coating Binders Consumption?
According to the latest report published by UN, by 2030 around 60% of the total population is projected to live in urban areas totalling 4.9 Billion. This is an increase of 13% from the year 1999. Also, around 60% of total increase in urban population will occur in Asia towards which China and India will be a major contributor.
This surge in growth of urban population will boost the demand for housing activities which is poised to drive the paints and coatings market in the region. Moreover, since coating binders is an essential material for ensuring adhesion and providing glossing effect to the exterior and interior of the walls, increase in housing activities will have direct impact on consumption growth of binders.
What Makes Europe Region of Prominence for Coating Binders Sales?
Europe’s market has evolved great deal. Consumers now prefer buying paints which have minimal environmental effect. Moreover, consumers in Europe now prefer paints which not only comes equipped with adhesion properties but also looks aesthetic. This has led to rise in consumption volume of waterborne coatings in the region.
Additionally, Europe’s coating binder demand is mainly driven by its increased usage in buildings, accounting for around 60% of total regional consumption. Further EU is spending considerably on infrastructure development such as construction of houses. For instance German government has constructed around 1.5 million housing units in 2021 has giving major push to the European coating binder segment
Category Wise Analysis
Which Product Type have Contributed Significantly towards the Growth of Coating binders?
Alkyd based coating binders has contributed significantly towards the market growth. This is mainly attributed owing to various properties such as high resistant towards chemicals, cleared and polished look, and easy to work with.
Additionally, consumption of alkyds for binder manufacturing stood at around 9,473 Kilo tons in 2021 which accounts for 23.6% the total coating binder volume share. In terms of value, in 2021 alkyds was valued at USD 7,284.1 million and holding around 21.5% of the global share.
Thus alkyds for coating binders is poised to provide high absolute $ opportunity over the projected forecast period thus growing with a CAGR of 3.2% over next decade.
For which application will coating binder consumption will be the highest?
Coating binders is projected to consume more in terms of both volume and value for architectural coatings. This is mainly attributed to growing investment in housing and building construction especially in high growth regions of Asia Pacific.
For instance, in 2021 coating binders application in architectural purposes was valued at USD 14,562 million which held around 43.1% of the total market share. While in terms of volume architectural coatings in 2021 consumed around 17,223 Kilo tons thus projected to drive the global coating binders demand in coming decade.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competition Landscape
THE Lubrizol corporation, The Dow chemical company, Koninklijke DSM N.V., Arkema sa, Toray industries, inc., Stephan company, BASF SE, Evonik Industries AG, Shin-Etsu Chemical Co., Ltd., The Sherwin-Williams Co., Synthomer plc, ASHLAND GLOBAL HOLDINGS, INC, H.B. Fuller company, Shin-etsu chemical co., ltd. are some of the major players in the coating binder market.
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.
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
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data Points
- 4. Global Market Value Chain Analysis
- 5. Key Success Factors
- 6. Global Market Demand (Kilo Tons) Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type
- 9.1. Alkyds
- 9.2. Acrylics
- 9.3. Epoxy
- 9.4. Polyesters
- 9.5. Vinyl-Acrylics
- 9.6. Polyurethanes
- 9.7. Others
- 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Nature
- 10.1. Synthetic
- 10.2. Natural
- 11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Technology
- 11.1. Waterborne Coating
- 11.2. Solvent Based Coating
- 11.3. Powder Coating
- 11.4. High Solids
- 11.5. UV Cure
- 12. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
- 12.1. Architectural Coating
- 12.2. Automotive Coating
- 12.3. Wood Coating
- 12.4. Industrial Coatings
- 12.5. Others
- 13. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
- 13.1. North America
- 13.2. Latin America
- 13.3. Europe
- 13.4. East Asia
- 13.5. South Asia & Oceania
- 13.6. Middle East and Africa (MEA)
- 14. North America Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 15. Latin America Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 16. Europe Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 17. East Asia Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 18. South Asia & Oceania Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 19. Middle East and Africa Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 20. Key Countries Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 21. Market Structure Analysis
- 22. Competition Analysis
- 22.1. Arkema SA
- 22.2. ASHLAND GLOBAL HOLDINGS, INC
- 22.3. BASF SE
- 22.4. Evonik Industries AG
- 22.5. H.B. Fuller company
- 22.6. Koninklijke DSM N.V.
- 22.7. Shin-Etsu Chemical Co., Ltd.
- 22.8. Stephan company
- 22.9. Synthomer plc
- 22.10. The Dow chemical company
- 22.11. THE Lubrizol corporation
- 22.12. The Sherwin-Williams Co.
- 22.13. Toray industries, Inc.
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List Of Table
Table No. 1. Global Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2017 to 2021
Table No. 2. Global Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2022 to 2032
Table No. 3. Global Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Nature, 2017 to 2021
Table No. 4. Global Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Nature, 2022 to 2032
Table No. 5. Global Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Technology, 2017 to 2021
Table No. 6. Global Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Technology, 2022 to 2032
Table No. 7. Global Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Application, 2017 to 2021
Table No. 8. Global Market Value (USD Million) and Volume (Kilo Tons) Analysis, Application, 2022 to 2032
Table No. 9. Global Value (USD Million) and Volume (Kilo Tons) Analysis, By Region, 2017 to 2021
Table No. 10. Global Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Region, 2022 to 2032
Table No. 11. North America Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2017 to 2021
Table No. 12. North America Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2022 to 2032
Table No. 13. North America Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Nature, 2017 to 2021
Table No. 14. North America Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Nature, 2022 to 2032
Table No. 15. North America Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Technology, 2017 to 2021
Table No. 16. North America Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Technology, 2022 to 2032
Table No. 17. North America Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Application, 2017 to 2021
Table No. 18. North America Market Value (USD Million) and Volume (Kilo Tons) Analysis, Application, 2022 to 2032
Table No. 19. North America Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2017 to 2021
Table No. 20. North America Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2022 to 2032
Table No. 21. Latin America Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2017 to 2021
Table No. 22. Latin America Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2022 to 2032
Table No. 23. Latin America Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Nature, 2017 to 2021
Table No. 24. Latin America Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Nature, 2022 to 2032
Table No. 25. Latin America Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Technology, 2017 to 2021
Table No. 26. Latin America Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Technology, 2022 to 2032
Table No. 27. Latin America Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Application, 2017 to 2021
Table No. 28. Latin America Market Value (USD Million) and Volume (Kilo Tons) Analysis, Application, 2022 to 2032
Table No. 29. Latin America Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2017 to 2021
Table No. 30. Latin America Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2022 to 2032
Table No. 31. Europe Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2017 to 2021
Table No. 32. Europe Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2022 to 2032
Table No. 33. Europe Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Nature, 2017 to 2021
Table No. 34. Europe Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Nature, 2022 to 2032
Table No. 35. Europe Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Technology, 2017 to 2021
Table No. 36. Europe Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Technology, 2022 to 2032
Table No. 37. Europe Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Application, 2017 to 2021
Table No. 38. Europe Market Value (USD Million) and Volume (Kilo Tons) Analysis, Application, 2022 to 2032
Table No. 39. Europe Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2017 to 2021
Table No. 40. Europe Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2022 to 2032
Table No. 41. East Asia Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2017 to 2021
Table No. 42. East Asia Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2022 to 2032
Table No. 43. East Asia Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Nature, 2017 to 2021
Table No. 44. East Asia Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Nature, 2022 to 2032
Table No. 45. East Asia Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Technology, 2017 to 2021
Table No. 46. East Asia Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Technology, 2022 to 2032
Table No. 47. East Asia Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Application, 2017 to 2021
Table No. 48. East Asia Market Value (USD Million) and Volume (Kilo Tons) Analysis, Application, 2022 to 2032
Table No. 49. East Asia Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2017 to 2021
Table No. 50. East Asia Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2022 to 2032
Table No. 51. South Asia & Oceania Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2017 to 2021
Table No. 52. South Asia & Oceania Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2022 to 2032
Table No. 53. South Asia & Oceania Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Nature, 2017 to 2021
Table No. 54. South Asia & Oceania Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Nature, 2022 to 2032
Table No. 55. South Asia & Oceania Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Technology, 2017 to 2021
Table No. 56. South Asia & Oceania Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Technology, 2022 to 2032
Table No. 57. South Asia & Oceania Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Application, 2017 to 2021
Table No. 58. South Asia & Oceania Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Application, 2022 to 2032
Table No. 59. South Asia & Oceania Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2017 to 2021
Table No. 60. South Asia & Oceania Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2022 to 2032
Table No. 61. MEA Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2017 to 2021
Table No. 62. MEA Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2022 to 2032
Table No. 63. MEA Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Nature, 2017 to 2021
Table No. 64. MEA Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Nature, 2022 to 2032
Table No. 65. MEA Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Technology, 2017 to 2021
Table No. 66. MEA Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Technology, 2022 to 2032
Table No. 67. MEA Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Application, 2017 to 2021
Table No. 68. MEA Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Application, 2022 to 2032
Table No. 69.
Table No. 70. MEA Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2017 to 2021
Table No. 71. MEA Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2022 to 2032
Table No. 72. US Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2017 to 2021
Table No. 73. US Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2022 to 2032
Table No. 74. US Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2017 to 2021
Table No. 75. US Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2022 to 2032
Table No. 76. UK Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2017 to 2021
Table No. 77. UK Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2022 to 2032
Table No. 78. UK Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2017 to 2021
Table No. 79. UK Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2022 to 2032
Table No. 80. US Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2017 to 2021
Table No. 81. China Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Product Type, 2022 to 2032
Table No. 82. China Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2017 to 2021
Table No. 83. China Market Value (USD Million) and Volume (Kilo Tons) Analysis, By Country, 2022 to 2032
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List Of Figures
Figure No. 1: Global Market, Volume Size and Forecast, By Product Type, Volume (Kilo Tons), 2022 to 2032
Figure No. 2: Global Market, Value Size and Forecast, By Product Type, USD Million, 2022 to 2032
Figure No. 3: Global Market, Incremental Opportunity, By Product Type, USD Million, 2022 to 2032
Figure No. 4: Global Market, Volume Size and Forecast, By Nature, Volume (Kilo Tons), 2022 to 2032
Figure No. 5: Global Market, Value Size and Forecast, By Nature, USD Million, 2022 to 2032
Figure No. 6: Global Market, Incremental Opportunity, By Nature, USD Million, 2022 to 2032
Figure No. 7: Global Market, Volume Size and Forecast, By Technology, Volume (Kilo Tons), 2022 to 2032
Figure No. 8: Global Market, Value Size and Forecast, By Technology, USD Million, 2022 to 2032
Figure No. 9: Global Market, Incremental Opportunity, By Technology, USD Million, 2022 to 2032
Figure No. 10: Global Market, Volume Size and Forecast, By Application, Volume (Kilo Tons), 2022 to 2032
Figure No. 11: Global Market, Value Size and Forecast, By Application, USD Million, 2022 to 2032
Figure No. 12: Global Market, Incremental Opportunity, By Application, USD Million, 2022 to 2032
Figure No. 13: Global Market, Volume Size and Forecast, By Region, Volume (Kilo Tons), 2022 to 2032
Figure No. 14: Global Market, Value Size and Forecast, By Region, USD Million, 2022 to 2032
Figure No. 15: Global Market, Incremental Opportunity, By Region, USD Million, 2022 to 2032
Figure No. 16: North America Market, Volume Size and Forecast, By Product Type, Volume (Kilo Tons), 2022 to 2032
Figure No. 17: North America Market, Value Size and Forecast, By Product Type, USD Million, 2022 to 2032
Figure No. 18: North America Market, Incremental Opportunity, By Product Type, USD Million, 2022 to 2032
Figure No. 19: North America Market, Volume Size and Forecast, By Nature, Volume (Kilo Tons), 2022 to 2032
Figure No. 20: North America Market, Value Size and Forecast, By Nature, USD Million, 2022 to 2032
Figure No. 21: North America Market, Incremental Opportunity, By Nature, USD Million, 2022 to 2032
Figure No. 22: North America Market, Volume Size and Forecast, By Technology, Volume (Kilo Tons), 2022 to 2032
Figure No. 23: North America Market, Value Size and Forecast, By Technology, USD Million, 2022 to 2032
Figure No. 24: North America Market, Incremental Opportunity, By Technology, USD Million, 2022 to 2032
Figure No. 25: North America Market, Volume Size and Forecast, By Application, Volume (Kilo Tons), 2022 to 2032
Figure No. 26: North America Market, Value Size and Forecast, By Application, USD Million, 2022 to 2032
Figure No. 27: North America Market, Incremental Opportunity, By Application, USD Million, 2022 to 2032
Figure No. 28: North America Market, Volume Size and Forecast, By Country, Volume (Kilo Tons), 2022 to 2032
Figure No. 29: North America Market, Value Size and Forecast, By Country, USD Million, 2022 to 2032
Figure No. 30: North America Market, Incremental Opportunity, By Country, USD Million, 2022 to 2032
Figure No. 31: Latin America Market, Volume Size and Forecast, By Product Type, Volume (Kilo Tons), 2022 to 2032
Figure No. 32: Latin America Market, Value Size and Forecast, By Product Type, USD Million, 2022 to 2032
Figure No. 33: Latin America Market, Incremental Opportunity, By Product Type, USD Million, 2022 to 2032
Figure No. 34: Latin America Market, Volume Size and Forecast, By Nature, Volume (Kilo Tons), 2022 to 2032
Figure No. 35: Latin America Market, Value Size and Forecast, By Nature, USD Million, 2022 to 2032
Figure No. 36: Latin America Market, Incremental Opportunity, By Nature, USD Million, 2022 to 2032
Figure No. 37: Latin America Market, Volume Size and Forecast, By Technology, Volume (Kilo Tons), 2022 to 2032
Figure No. 38: Latin America Market, Value Size and Forecast, By Technology, USD Million, 2022 to 2032
Figure No. 39: Latin America Market, Incremental Opportunity, By Technology, USD Million, 2022 to 2032
Figure No. 40: Latin America Market, Volume Size and Forecast, By Application, Volume (Kilo Tons), 2022 to 2032
Figure No. 41: Latin America Market, Value Size and Forecast, By Application, USD Million, 2022 to 2032
Figure No. 42: Latin America Market, Incremental Opportunity, By Application, USD Million, 2022 to 2032
Figure No. 43: Latin America Market, Volume Size and Forecast, By Country, Volume (Kilo Tons), 2022 to 2032
Figure No. 44: Latin America Market, Value Size and Forecast, By Country, USD Million, 2022 to 2032
Figure No. 45: Latin America Market, Incremental Opportunity, By Country, USD Million, 2022 to 2032
Figure No. 46: Europe Market, Volume Size and Forecast, By Product Type, Volume (Kilo Tons), 2022 to 2032
Figure No. 47: Europe Market, Value Size and Forecast, By Product Type, USD Million, 2022 to 2032
Figure No. 48: Europe Market, Incremental Opportunity, By Product Type, USD Million, 2022 to 2032
Figure No. 49: Europe Market, Volume Size and Forecast, By Nature, Volume (Kilo Tons), 2022 to 2032
Figure No. 50: Europe Market, Value Size and Forecast, By Nature, USD Million, 2022 to 2032
Figure No. 51: Europe Market, Incremental Opportunity, By Nature, USD Million, 2022 to 2032
Figure No. 52: Europe Market, Volume Size and Forecast, By Technology, Volume (Kilo Tons), 2022 to 2032
Figure No. 53: Europe Market, Value Size and Forecast, By Technology, USD Million, 2022 to 2032
Figure No. 54: Europe Market, Incremental Opportunity, By Technology, USD Million, 2022 to 2032
Figure No. 55: Europe Market, Volume Size and Forecast, By Application, Volume (Kilo Tons), 2022 to 2032
Figure No. 56: Europe Market, Value Size and Forecast, By Application, USD Million, 2022 to 2032
Figure No. 57: Europe Market, Incremental Opportunity, By Application, USD Million, 2022 to 2032
Figure No. 58: Europe Market, Volume Size and Forecast, By Country, Volume (Kilo Tons), 2022 to 2032
Figure No. 59: Europe Market, Value Size and Forecast, By Country, USD Million, 2022 to 2032
Figure No. 60: Europe Market, Incremental Opportunity, By Country, USD Million, 2022 to 2032
Figure No. 61: East Asia Market, Volume Size and Forecast, By Product Type, Volume (Kilo Tons), 2022 to 2032
Figure No. 62: East Asia Market, Value Size and Forecast, By Product Type, USD Million, 2022 to 2032
Figure No. 63: East Asia Market, Incremental Opportunity, By Product Type, USD Million, 2022 to 2032
Figure No. 64: East Asia Market, Volume Size and Forecast, By Nature, Volume (Kilo Tons), 2022 to 2032
Figure No. 65: East Asia Market, Value Size and Forecast, By Nature, USD Million, 2022 to 2032
Figure No. 66: East Asia Market, Incremental Opportunity, By Nature, USD Million, 2022 to 2032
Figure No. 67: East Asia Market, Volume Size and Forecast, By Technology, Volume (Kilo Tons), 2022 to 2032
Figure No. 68: East Asia Market, Value Size and Forecast, By Technology, USD Million, 2022 to 2032
Figure No. 69: East Asia Market, Incremental Opportunity, By Technology, USD Million, 2022 to 2032
Figure No. 70: East Asia Market, Volume Size and Forecast, By Application, Volume (Kilo Tons), 2022 to 2032
Figure No. 71: East Asia Market, Value Size and Forecast, By Application, USD Million, 2022 to 2032
Figure No. 72: East Asia Market, Incremental Opportunity, By Application, USD Million, 2022 to 2032
Figure No. 73: East Asia Market, Volume Size and Forecast, By Country, Volume (Kilo Tons), 2022 to 2032
Figure No. 74: East Asia Market, Value Size and Forecast, By Country, USD Million, 2022 to 2032
Figure No. 75: East Asia Market, Incremental Opportunity, By Country, USD Million, 2022 to 2032
Figure No. 76: South Asia & Oceania Market, Volume Size and Forecast, By Product Type, Volume (Kilo Tons), 2022 to 2032
Figure No. 77: South Asia & Oceania Market, Value Size and Forecast, By Product Type, USD Million, 2022 to 2032
Figure No. 78: South Asia & Oceania Market, Incremental Opportunity, By Product Type, USD Million, 2022 to 2032
Figure No. 79: South Asia & Oceania Market, Volume Size and Forecast, By Nature, Volume (Kilo Tons), 2022 to 2032
Figure No. 80: South Asia & Oceania Market, Value Size and Forecast, By Nature, USD Million, 2022 to 2032
Figure No. 81: South Asia & Oceania Market, Incremental Opportunity, By Nature, USD Million, 2022 to 2032
Figure No. 82: South Asia & Oceania Market, Volume Size and Forecast, By Technology, Volume (Kilo Tons), 2022 to 2032
Figure No. 83: South Asia & Oceania Market, Value Size and Forecast, By Technology, USD Million, 2022 to 2032
Figure No. 84: South Asia & Oceania Market, Incremental Opportunity, By Technology, USD Million, 2022 to 2032
Figure No. 85: South Asia & Oceania Market, Volume Size and Forecast, By Application, Volume (Kilo Tons), 2022 to 2032
Figure No. 86: South Asia & Oceania Market, Value Size and Forecast, By Application, USD Million, 2022 to 2032
Figure No. 87: South Asia & Oceania Market, Incremental Opportunity, By Application, USD Million, 2022 to 2032
Figure No. 88: South Asia & Oceania Market, Volume Size and Forecast, By Country, Volume (Kilo Tons), 2022 to 2032
Figure No. 89: South Asia & Oceania Market, Value Size and Forecast, By Country, USD Million, 2022 to 2032
Figure No. 90: South Asia & Oceania Market, Incremental Opportunity, By Country, USD Million, 2022 to 2032
Figure No. 91: MEA Market, Volume Size and Forecast, By Product Type, Volume (Kilo Tons), 2022 to 2032
Figure No. 92: MEA Market, Value Size and Forecast, By Product Type, USD Million, 2022 to 2032
Figure No. 93: MEA Market, Incremental Opportunity, By Product Type, USD Million, 2022 to 2032
Figure No. 94: MEA Market, Volume Size and Forecast, By Nature, Volume (Kilo Tons), 2022 to 2032
Figure No. 95: MEA Market, Value Size and Forecast, By Nature, USD Million, 2022 to 2032
Figure No. 96: MEA Market, Incremental Opportunity, By Nature, USD Million, 2022 to 2032
Figure No. 97: MEA Market, Volume Size and Forecast, By Technology, Volume (Kilo Tons), 2022 to 2032
Figure No. 98: MEA Market, Value Size and Forecast, By Technology, USD Million, 2022 to 2032
Figure No. 99: MEA Market, Incremental Opportunity, By Technology, USD Million, 2022 to 2032
Figure No. 100: MEA Market, Volume Size and Forecast, By Application, Volume (Kilo Tons), 2022 to 2032
Figure No. 101: MEA Market, Value Size and Forecast, By Application, USD Million, 2022 to 2032
Figure No. 102: MEA Market, Incremental Opportunity, By Application, USD Million, 2022 to 2032
Figure No. 103: MEA Market, Volume Size and Forecast, By Country, Volume (Kilo Tons), 2022 to 2032
Figure No. 104: MEA Market, Value Size and Forecast, By Country, USD Million, 2022 to 2032
Figure No. 105: MEA Market, Incremental Opportunity, By Country, USD Million, 2022 to 2032
Figure No. 106: United States Market Value Share By Product Type, 2022 & 2032
Figure No. 107: United States Market Value Share By Nature, 2022 & 2032
Figure No. 108: United States Market Value Share By Technology, 2022 & 2032
Figure No. 109: United States Market Value Share By Application, 2022 & 2032
Figure No. 110: Mexico Market Value Share By Product Type, 2022 & 2032
Figure No. 111: Mexico Market Value Share By Nature, 2022 & 2032
Figure No. 112: Mexico Market Value Share By Technology, 2022 & 2032
Figure No. 113: Mexico Market Value Share By Application, 2022 & 2032
Figure No. 114: Brazil Market Value Share By Product Type, 2022 & 2032
Figure No. 115: Brazil Market Value Share By Nature, 2022 & 2032
Figure No. 116: Brazil Market Value Share By Technology, 2022 & 2032
Figure No. 117: Brazil Market Value Share By Application, 2022 & 2032
Figure No. 118: Germany Market Value Share By Product Type, 2022 & 2032
Figure No. 119: Germany Market Value Share By Nature, 2022 & 2032
Figure No. 120: Germany Market Value Share By Technology, 2022 & 2032
Figure No. 121: Germany Market Value Share By Application, 2022 & 2032
Figure No. 122: Germany Market Value Share By Product Type, 2022 & 2032
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- FAQs -
How much is the current worth of the coating binder market?
Currently, coating binder market is valued at USD 33,821 million.
At what CAGR is the market expected to grow?
Coating binder consumption value is expected to grow at a CAGR of around 3.1% during the period 2022-2032.
How has been the performance of coating binders over the past half-decade?
In terms of consumption value, coating binders grew with a CAGR of around 2.8% during 2017-2021
How have vital players reacted to the key developments in the market?
Key players can been mainly seen involved in development of new and high performance polymers and resins which has high solvency ratio in paints and coatings.
Who are the vital manufacturers of coating binders?
Top companies in the manufacturing of coating binders are Lubrizol Corporation, Dow chemical company, BASF SE, and Evonik Industries AG
What outlook does the China provides for coating binders market?
China is estimated to hold around 32% of the global coating binders market.