Global Hydroxy Functional Resins Market Growth 2023-2029

Global Hydroxy Functional Resins Market Growth 2023-2029

Hydroxy functional resins refer to resins with hydroxy group connected on the molecular chain. After reaction with crosslinking agents like Melamine, the hydroxy functional resins possess good performance of chemical resistance and physical properties, making it advantageous to be used as coating in automotive, aerospace and furniture industry, etc. The most commonly used hydroxy functional resins are hydroxyl acrylic resin and hydroxyl polyester resin. In our report, the range of statistics is for the above types.

LPI (LP Information)' newest research report, the “Hydroxy Functional Resins Industry Forecast” looks at past sales and reviews total world Hydroxy Functional Resins sales in 2022, providing a comprehensive analysis by region and market sector of projected Hydroxy Functional Resins sales for 2023 through 2029. With Hydroxy Functional Resins sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydroxy Functional Resins industry.

This Insight Report provides a comprehensive analysis of the global Hydroxy Functional Resins landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydroxy Functional Resins portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hydroxy Functional Resins market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydroxy Functional Resins and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydroxy Functional Resins.

The global Hydroxy Functional Resins market size is projected to grow from US$ 1416.5 million in 2022 to US$ 1792.9 million in 2029; it is expected to grow at a CAGR of 1792.9 from 2023 to 2029.

Global Hydroxy Functional Resins key players include BASF, Arkema, Dow, Evonik, Gellner Industrial, etc. Global top five players hold a share about 30%.

China is the largest market, with a share about 25%, followed by Europe and North America, having a total share about 45 percent.

In terms of product, Hydroxyl Acrylic Resin is the largest segment, with a share about 85%. And in terms of application, the largest application is Metallic Coating, followed by Plastic Coating, Glass Coating, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Hydroxy Functional Resins market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Hydroxyl Acrylic Resin

Hydroxyl Polyester Resin

Segmentation by application

Metallic Coating

Plastic Coating

Glass Coating

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

BASF

Arkema

DuPont

Evonik

Gellner Industrial

Allnex

Elementis

Sanmu

TaiChang Resin

Dongsheng

KITO

TOD Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hydroxy Functional Resins market?

What factors are driving Hydroxy Functional Resins market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hydroxy Functional Resins market opportunities vary by end market size?

How does Hydroxy Functional Resins break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.