Polyester Coatings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-431 | Report Format : | Status : Upcoming |

Abstract

Polyester Coatings Market: Overview

Polyester coatings are used as a substitute for alkyd resins; they are alternatively known as oil-free alkyds. Polyester coatings are widely used due to their high acceptance, versatility, and low cost. They provide hardness, high strength, high flexibility, and chemical resistance. The ICA Group provides a wide range of pigmented and transparent, gloss and matt polyester coatings.

Polyester Coatings Market: Segmentation

The polyester coatings market can be segmented on the basis of its application and region. On the basis of application, the global market is categorized into automotive, infrastructure, industrial coatings and packaging, construction, OEM coatings, and aviation. The OEM coatings can be further sub-segmented into paper and paperboard coatings, radiation cured coatings, appliances coatings, coil coatings, powder coatings, and wood furniture coatings. Geographically, the market is diversified into Asia Pacific, Europe, the Middle East and Africa, North America, and Rest of the World.

Polyester Coatings Market: Growth Factors

The polyester coatings are in great demand in the construction industry. The main reason behind the high growth of the polyester coatings market is growing construction industry on account of increasing population. People are opting for second home plans as investments due to the rise in their income. Thus, the increasing investments in the infrastructure are leading to the polyester coatings market growth. Constructions in not only residential but also commercial sectors are having their share of the market growth. The rise in development and innovations in the industries are directly increasing the chances of the usage of protective coatings. The OEM coating is also expected to boost the polyester coating market growth. The main reason that polyester coatings are used widely as compared to other coatings is its excellent corrosion and chemical resistant properties. The polyester coatings have properties such as chemical, abrasion, and salt resistance; hence, they are used in the marine industry. They also provide better dielectric properties, excellent resistance to humidity, and are also cost-effective. These all things are driving the polyester coatings market growth. The polyester coatings are produced from ethylene, a derivative of petroleum, hence the high cost of raw material may act as a market restraint. Another factor that hampers the market growth is the strict regulations imposed against the production of polyester coatings, as it is leading to many environmental problems and also affecting human health.

Polyester Coatings Market: Regional Analysis

Asia Pacific is dominating the polyester coatings market, both in terms of volume and value. The countries that are mainly contributing to the market growth are China and India. China is the largest market owing to the major demand of polyester coatings in the marine, construction and infrastructure industries. Due to strict protocols, the regions such as North America and Europe are having sluggish growth but are expected to grow in the coming years owing to the new research and technologies.

Polyester Coatings Market: Competitive Players

The key players in the polyster coatings market include AGC Chemicals, BASF SE, Du Pont, Momentive Chemicals, The Dow Chemical Company, Huntsman Corporation, 3M Company, PPG Industries, Axalta Coatings Systems, AkzoNobel NV, Valspar, Sika AG, Hempel A/S, Wacker Chemie AG, Arkema SA, The Sherwin-Williams Company Limited, and RPM International.

Polyester Coatings Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments

Related Reports

Glutamic Acid Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2483 | Report Format:

Glutamic Acid Market: Overview The alternative name for the glutamic acid is proteinogenic amino acid. It is generally used in several protein compounds. They are found in the cereals, certain type of algae, meat, and soy protein. It is used in the processed food products for improving the flavo...Read More

Animal Parasiticide Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2479 | Report Format:

Animal Parasiticide Market: Overview The animal parasiticide is influenced by the government initiatives that are taken and the growing number of the animal welfare programs. The animal parasiticide is also alternatively known as a veterinary parasiticide. They are the products that destroy the ...Read More

Sulfamic Acid Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2469 | Report Format:

Sulfamic Acid Market: Overview There are many alternative names for the sulfamic acid which include amidosulfonic acid, aminosulfonic, amidosulfuric acid, and sulfamidic acid. The chemical formula of the sulfamic acid is H3NSO3. It is a colorless compound and is water soluble in nature. Sulfam...Read More

Process Pipe Coating Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2455 | Report Format:

Process Pipe Coating Market: Overview The pipe coating is done for protecting the pipes from abrasion and corrosion and they consist of protective materials. The pipe coatings are essential as they protect the pipes from adverse environmental conditions such as ultraviolet rays, carbon dioxide, ...Read More

Bio Based Paraxylene Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2444 | Report Format:

Bio-Based Paraxylene Market: Overview The making of the bio-based paraxylene includes the use of the renewable raw materials such as starch, glucose, vegetable oils, and cellulose. The benefit of using such type of raw materials is they can be recycled and can be reused. There is an increasing u...Read More

Choose License Type:
Latest Published Reports

View All Published Reports