Coating Binders Market Regional Landscape, Production, Sales & Consumption Status and Prospects

The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.

The report offers actionable and valuable insights on the Coating Binders market. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Coating Binders across various industries and regions.

To remain ‘ahead’ of your competitors, request for a sample –  https://www.factmr.com/connectus/sample?flag=S&rep_id=2373

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 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.

Need more information about Report Methodology? Click here-  https://www.factmr.com/connectus/sample?flag=RM&rep_id=2373

In order to meet stricter VOC regulations, the demand for cheap low/no VOC solvents has increased in paints & coatings industry. Increasing investment by manufacturers is being witnessed in the coating binders market to accelerate the research and development activities to develop and offer low-VOC solvent-based coatings. Modification of equipment to work with water-based coatings is also on a rise in order to save the cost of purchasing new drying equipment.

Alkyds to Emerge as the Largest Coating Binders Product

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.

Full Access of this Exclusive Report is Available at-  https://www.factmr.com/checkout/2373

The demand for alkyds is also rising owing to its low cost as derived from renewable raw materials. Moreover, increasing government regulations on chemical-based coating binders is resulting in consumers and industries moving towards using eco-friendly materials.

Water-based versions of alkyd binders are also being developed on a large scale to meet the VOC standard imposed by governments across countries. The demand for alkyds is constantly increasing in wood care, light duty industrial, automotive aftermarket, and architectural coatings.

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.

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.

Solvent-based coating demand is declining in China and India is driven by increasing environmental concerns in the countries. However, the area of potential growth is seen in ‘green coatings’. Green coating binders manufacturing companies are infusing high investment in developing eco-friendly coating binders with the same performance as compared to traditional solvent-based coatings.

The marine coating in APEJ is also expected to witness a steady growth with development in offshore engineering and shipbuilding industries. Moreover, the constant need for maintenance and repair of ships is likely to drive demand in the coating binders market.

The overall growth in the coating binders market is likely to remain steady. The demand for the coating binders is expected to expand at a 3.4% CAGR during 2018-2027.

Key Question answered in the survey of Coating Binders market report:

• Market Estimates Coating Binders and Forecasts of Coating Binders
• Market Size Coating Binders
• Market Analysis of Coating Binders
• Statistical analysis of Coating Binders
• Key Drivers Impacting the Coating Binders market
• Which are the Key drivers impacted by Coating Binders market
• Restraints Shaping U.S. Market Growth
• Market Survey of Coating Binders

Why choose Fact.MR?

We carry immense pride in saying that our work is recognized by 150+ countries worldwide. Our experience is conveyed by the fact that we have published 6, 000+ reports, thanks to our dedicated team of professionals. With digital intelligence solutions, we support our clients in remaining at the driver’s seat. Our crew of 300+ analysts are available 24/7 to offer dynamic updates regarding various verticals and companies.

Read More Trending Reports of Fact.MR-

https://www.prnewswire.com/news-releases/zinc-sulphate-manufacturers-to-flourish-across-emerging-markets-china-and-india-to-maintain-lead-in-the-agrochemicals-segment-factmr-301223831.html

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com