Coating Binders Market: Sales to be Highest in APEJ with China Accounting for the Largest Share

Posted on 2019-07-10 by Mark Hub in Internet & Online // 0 Comments

Rockville, USA, 2019-Jul-10 — /EPR Network/ — The coating binders market has been thoroughly analyzed in the latest research report published by Fact.MR on coating binders market. The report provides valuable insights along with the factors influencing the coating blinders market growth. The information and the data provided on the coating binders market is accurate, precise, and unbiased. The report also offers information on the market dynamics including trends, opportunities, challenges and driving factors in the coating binders market. The primary and secondary research on competitive landscape is also included in the report. The report on the coating binders market offers valuable insights and forecast on the market. The major factors influencing the coating binders market growth are also included in the report. The goal of the report is to provide exclusive information on the coating binders market and enable readers to plan business strategies accordingly. The report on the coating binders market provides future prospects on growth opportunities.

The coating binders market is likely to expand at a modest pace, according to the latest report by Fact.MR. The demand in the coating binders market is expected to surpass 36,000’000 tons by the end of 2018. The manufacturers in the coating binders market are shifting their focus from solvent-based coatings to water-based coatings. Stringent regulations by the governments across various countries with an aim to minimize VOC emission is resulting in the use of water-based coatings.

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Environmental compliance is emerging as a primary reason for various industries shifting towards water-based coating technology. National, state, and local governments across the globe are regulating VOCs by limiting the amount businesses are allowed to emit in a particular time period. Businesses are also using water-based coating technology to lower VOC output, as it has no or considerably fewer solvents.

The demand for Alkyds coating binders is anticipated to grow at a significant rate, as per the report by Fact.MR. Alkyd coating binders are likely to rule the organic coating industries for a long time owing to the inherent potentials and versatile characteristics. Employing a significant amount of renewable material is one of the biggest factors for substantial growth of alkyds in the coating binders market.

The report provides information on the key segments in the coating binders market. The key segments of the market included in the report are product type, application, nature, and technology. The key segments are further divided into sub-segments.

Sales of Coating Binders to be Highest in APEJ with China Accounting for the Largest Share

There has been a substantial growth in the infrastructure and construction industry in the APEJ region. With the growing construction industry, the demand for coating binders is also rising in the region. Increasing production of semiconductor and electronic goods, as well as the significant growth in the automotive industry in China and India is likely to create growth opportunities for coating binders manufacturers.

Radiation-cured technology has been used on a large scale in China. The Chinese government is focusing on reducing VOC emission, this has impacted the use of radiation-cured technology in China. In order to comply with regulations, radiation-cured technology users have been working with coating manufacturers. This has resulted in the increasing use of UV coating technology in China.

Key Developments in the Coating Binders Market by Leading Players

The Lubrizol Corporation is planning to showcase new coating technologies at IDEA19 in 2019. The company will present new polymer and additive technologies enhancing the performance of textiles, papers, and nonwovens. Meanwhile, the company is also planning to invest more than $25 million in its Calvert City manufacturing facility to meet increasing customer demand.

Solvay SA exhibited new grades of polyphenylene sulfide resin and recycled nylon 6/6. These new grades of Ryton-brand PPS are developed to provide some useful properties in automotive. The new material can be used for lightweight, flexible, coolant brackets, lines, and connectors.

Manufacturers in the coating binders market in China are also focusing on developing new waterborne coating solutions for furniture, construction and other industries. The development of the new coating technology in the coating binders market in the country is also accelerating. Companies are focusing on developing new coating technology for high and low-temperature resistance, anti-graffiti coating technologies, nano-smart coating, and self-cleaning coating technology are some of the advanced technologies being developed in China.

Additional Questions Answered

The report on the coating binders market also offers answers to some of the important questions.

Which is the most lucrative region in the coating binders market?
Which technology in the coating binders market is likely to account for the highest share?
Which product will emerge as the top-selling in the coating binders market?
What will be the volume share of waterborne coating technology in the coating binders market?

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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