Global Coatings Raw Materials Market 2024-2028

Global Coatings Raw Materials Market 2024-2028

The coatings raw materials market is forecasted to grow by USD 21989.09 mn during 2023-2028, accelerating at a CAGR of 5.42% during the forecast period. The report on the coatings raw materials market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for alkyd resins in paints and coatings, growing demand for coating raw materials in construction industry, and increasing demand for coating raw materials in APAC.

Technavio's coatings raw materials market is segmented as below:

By Type

• Resins
• Pigments and fillers
• Solvents
• Additives

By Distribution Channel

• Offline
• Online

By Geographical Landscape

• APAC
• Europe
• North America
• South America
• Middle East and Africa

This study identifies the growing automotive industry as one of the prime reasons driving the coatings raw materials market growth during the next few years. Also, increasing demand for waterborne coatings and growing demand for printing inks will lead to sizable demand in the market.

The report on the coatings raw materials market covers the following areas:

• Coatings raw materials market sizing
• Coatings raw materials market forecast
• Coatings raw materials market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading coatings raw materials market vendors that include Akzo Nobel NV, Altana AG, Arkema Group, BASF SE, CATHAY INDUSTRIES, Dow Chemical Co., Eastman Chemical Co., Evonik Industries AG, Heubach GmbH, Huntsman International LLC, MEGARA RESINS SA, Momentive Performance Materials Inc., OPC Polymers, Polynt Spa, PPG Industries Inc., PTT Public Co. Ltd., Synthomer Plc, Synthopol Chemie Dr. rer. pol. Koch GmbH and Co. KG, Vibrantz Technologies, and W. R. Grace and Co.. Also, the coatings raw materials market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.