has announced the top five leading vendors in their recent global
protective coating resins market report. This research report
also lists five other prominent vendors that are expected to impact the
market during the forecast period.
This Smart News Release features multimedia. View the full release here:
Technavio has published a new report on the global protective coating resins market from 2017-2021. (Graphic: Business Wire)
The global protective coating resins market is growing at a fast pace
owing to the demand from major end-user segments such as the
construction, automotive, oil and gas, marine, industrial, power
generation, mining, and other industries. The increasing corrosion costs
and demand from emerging countries are the major drivers of the market.
Competitive vendor landscape
The global protective
coating resins market is highly fragmented yet dominated by key
vendors such as Akzo Nobel, Axalta Coatings systems, The Dow Chemical
Company, The Sherwin-Williams Company, and RPM International. This is
leading to intense market rivalry and is posing barriers to the entry of
unpracticed players. The industry requires local production as
transportation costs account for a sizable portion of the total costs
and customers prefer shorter delivery times.
“The production process in the industry is highly automated, which
reduces the competition from outsourcing. The market is characterized by
differences in building different regulations in different regions
across the globe. Customers in this market seek products and materials
that are long lasting with excellent quality and expertise,” says
Kshama Upadhyay, a lead chemical
engineering equipment research analyst from Technavio.
The intense price competition among smaller manufacturers, gaining the
expertise, and raising the capital necessary for the investment in new
production plants are difficult for the manufacturers. The competition
in the market is likely to intensify due to increasing R&D investments,
advances in technology, and new product development.
This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing
Buy 1 Technavio report and get the second for 50% off. Buy 2
Technavio reports and get the third for free.
Top five protective coating resins market vendors
Akzo Nobel is offering a wide range of acrylic resins that comprise
polymerization initiators, antifouling agents, curing agents, polymer
additives, and functional methacrylates. It is involved in synthetic
resin and polymer chemistry for high-performance coatings.
Axalta Coating Systems
Axalta is offering protective coating resins under the brand Voltaprem
for high and medium voltage motors, Voltaprem 5000 for the electrical
motor, generator and transformer applications, and XT series polyester
resin, which are used in the trim coil, lighting fixture, ceiling grid,
and entry door.
The Dow Chemical Company
The Dow Chemical company is providing protective coating resins under
the brands AVANSE, PARALOID, and MAINCOTE. AVANSE is an acrylic-binder
technology, which has low VOC capability and is used in various
applications such as metal finishing, masonry, and maintenance and
The Sherwin-Williams Company
The Sherwin-Williams Company is offering protective coating resins with
product names such as 3561 epoxy resin glaze, 3554 epo-flex matrix,
3561C conductive/spark proof epoxy resin glaze, 4700 instant patch
resin, 4080 FasTop patch resin, 4080 FasTop 12S binder resin, and 4090
FasTop 12M binder resin.
RPM International is offering protective coating resins through Prime
Resins that is operating as a subsidiary of RPM International. It is
offering a wide range of polyurethane, epoxy, polyureas, acrylates, and
acrylates under product names such as AR 870, AR 800, Prime coat 4000,
Prime coat CTL, and Prime coat 4300 Novolac.
Looking for more information on this market? Request
a free sample report
Technavio’s sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.
Browse Related Reports:
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team
at [email protected].
View source version on businesswire.com: http://www.businesswire.com/news/home/20170913005983/en/