MRC Announces the Publication of its Research Report – Global Coating Resins Market 2018-2022
MRC recognizes the following companies as the key players in the global coating resins market: Arkema, BASF, DowDuPont, DSM, Hexion, and Nuplex Industries.
Get Sample Pages of the report at https://marketreportscenter.com/request-sample/576960
Commenting on the report, an analyst from MRC’s team said: “One trend in the market is increase in R&D activities. Major polyurethane players have amplified their expenditure in R&D activities to reduce the manufacturing cost and provide products with improved properties and use. The rising expenditure in R&D is a major trend being observed by the global polyurethane market in the recent years. Therefore, to maintain a competitive edge and market share, the manufacturers have been stressing on new inventions and developments.”
According to the report, one driver in the market is increasing demand for protective coating due to corrosion. Corrosion is the process of degradation and breakdown of metal. It is estimated that the total cost burden due to corrosion reached $2.51 trillion in 2016, which accounted for almost 3.5% of the global GDP. The increase in the demand for coating resins in the Americas owing to the corrosion effect experienced by machinery and materials is expected to drive the growth of the market.
Further, the report states that one challenge in the market is increasing raw material prices of epoxy resin. The price of epoxy resins has been a concern for numerous industries over the last decade. Alternatively, the production of Bisphenol A and novolac resins is still very low. These fibers are largely used as composites, coatings, and adhesives in various end-user industries such as construction, automotive, and marine.
Check the discount on the report at https://marketreportscenter.com/request-discount/576960
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Coating Resins
Coating resins are polymer compounds of natural and synthetic origin, which are used as the primary components in the production of paints and coatings. They act as protective layers for a wide variety of objects and are primarily used to provide resistance to corrosion, weather, hardness, and stain.
MRC’s analysts forecast the global coating resins market to grow at a CAGR of 5.79% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global coating resins market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
Review the summary and complete table of content at https://marketreportscenter.com/reports/576960/global-coating-resins-market-2018-2022
About Market Reports Center;
Market Reports Center is an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. We are dedicated to create a comprehensive offering of market research which is accurate, credible and affordable.
Market Reports Center currently has more than 3,00,000 plus titles and 40+ Publishers on our platform and growing consistently. We cover more than 35 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Construction, Agriculture, Food, Beverages, Banking & Finance, Media and Government, Public Sector Studies.
Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
MRC recognizes the following companies as the key players in the global coating resins market: Arkema, BASF, DowDuPont, DSM, Hexion, and Nuplex Industries.
Get Sample Pages of the report at https://marketreportscenter.com/request-sample/576960
Commenting on the report, an analyst from MRC’s team said: “One trend in the market is increase in R&D activities. Major polyurethane players have amplified their expenditure in R&D activities to reduce the manufacturing cost and provide products with improved properties and use. The rising expenditure in R&D is a major trend being observed by the global polyurethane market in the recent years. Therefore, to maintain a competitive edge and market share, the manufacturers have been stressing on new inventions and developments.”
According to the report, one driver in the market is increasing demand for protective coating due to corrosion. Corrosion is the process of degradation and breakdown of metal. It is estimated that the total cost burden due to corrosion reached $2.51 trillion in 2016, which accounted for almost 3.5% of the global GDP. The increase in the demand for coating resins in the Americas owing to the corrosion effect experienced by machinery and materials is expected to drive the growth of the market.
Further, the report states that one challenge in the market is increasing raw material prices of epoxy resin. The price of epoxy resins has been a concern for numerous industries over the last decade. Alternatively, the production of Bisphenol A and novolac resins is still very low. These fibers are largely used as composites, coatings, and adhesives in various end-user industries such as construction, automotive, and marine.
Check the discount on the report at https://marketreportscenter.com/request-discount/576960
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Coating Resins
Coating resins are polymer compounds of natural and synthetic origin, which are used as the primary components in the production of paints and coatings. They act as protective layers for a wide variety of objects and are primarily used to provide resistance to corrosion, weather, hardness, and stain.
MRC’s analysts forecast the global coating resins market to grow at a CAGR of 5.79% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global coating resins market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
Review the summary and complete table of content at https://marketreportscenter.com/reports/576960/global-coating-resins-market-2018-2022
About Market Reports Center;
Market Reports Center is an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. We are dedicated to create a comprehensive offering of market research which is accurate, credible and affordable.
Market Reports Center currently has more than 3,00,000 plus titles and 40+ Publishers on our platform and growing consistently. We cover more than 35 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Construction, Agriculture, Food, Beverages, Banking & Finance, Media and Government, Public Sector Studies.
Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
Email: info@marketreportscenter.com
Website: https://marketreportscenter.com
No comments:
Post a Comment