코팅 수지 시장 : 세계 산업 규모, 점유율, 동향, 기회, 예측 - 유형별, 기술별, 용도별, 경쟁별, 지역별 및 경쟁(2021-2031년)

The Global Coating Resins Market is projected to expand from a valuation of USD 40.06 Billion in 2025 to USD 58.82 Billion by 2031, registering a compound annual growth rate of 6.61% during this period. As the primary binding agents in coating formulations, these polymer compounds are indispensable for providing chemical resistance, durability, and adhesion across a variety of substrates. The market's growth is fundamentally anchored by the construction sector, where resins are vital for protective architectural finishes, and the automotive industry, which necessitates high-performance coatings for corrosion prevention and aesthetic enhancement. Rather than being driven by fleeting trends, the core momentum of this market stems from the essential industrial requirement to preserve substrates and the increasing global demand for enduring transportation assets and infrastructure.

Despite this growth trajectory, the industry confronts a significant hurdle regarding the price volatility of raw materials, specifically those dependent on crude oil, which introduces unpredictability into production costs and profit margins. This economic instability challenges manufacturers' ability to maintain consistent pricing structures for their customers. regarding market scale, downstream demand remains strong; according to the American Coatings Association, the global paint and coatings industry, which dictates resin consumption, is valued at $202 billion in 2025. This substantial valuation highlights the pivotal role resins occupy within the broader construction and manufacturing value chains.

Market Driver

A primary catalyst for market evolution is the enforcement of strict environmental regulations combined with rising demand for green coating technologies, such as bio-based and waterborne systems. Regulatory authorities worldwide are imposing tighter limits on volatile organic compounds, compelling resin manufacturers to shift from traditional solvent-based methods to sustainable alternatives like bio-based polyurethanes and waterborne epoxies. This transition is driven not only by compliance requirements but also by corporate sustainability goals and commercial performance. According to PPG's "2023 ESG Report" released in April 2024, sales of sustainably advantaged products accounted for 44% of the company's total portfolio, demonstrating a significant revenue reliance on eco-efficient formulations. Consequently, producers are prioritizing research and development in low-carbon chemistries to secure long-term contracts with environmentally conscious clients in the architectural and automotive sectors.

Simultaneously, the global surge in infrastructure and construction projects acts as a critical volume driver for coating resins. Rapid urbanization in emerging economies necessitates immense quantities of protective coatings for concrete, steel, and residential structures, thereby fueling the consumption of acrylic, alkyd, and epoxy binders to ensure structural longevity. According to the Press Information Bureau in February 2024, the "Interim Budget 2024-25" revealed that the Government of India increased its capital expenditure outlay for infrastructure development by 11.1%, signaling a massive intake of construction chemicals in key growth regions. To support this broad industrial demand, the upstream chemical supply chain must maintain high throughput. As evidence of the sector's economic scale, BASF reported in 2024 that the group generated sales of €68.9 billion for the preceding fiscal year, reflecting the substantial magnitude of the chemical sectors that underpin global coating applications.

Market Challenge

The volatility of raw material prices, particularly those derived from crude oil, constitutes a major impediment to the growth of the coating resins market. Since resins are chemically engineered from feedstocks like epoxies and acrylics, their production costs are intrinsically linked to the fluctuating global oil market. This instability creates an unpredictable financial environment where manufacturers struggle to maintain consistent pricing, forcing them to either absorb cost spikes, which erodes profit margins, or pass them downstream, which can stifle market demand.

This dynamic of cost uncertainty directly impacts production volumes and industry turnover. When raw material costs surge or fluctuate wildly, the downstream paint and coatings sector-the primary consumer of these resins-often contracts due to pricing pressures. Evidence of this strain is visible in key manufacturing hubs which reflect the broader market sentiment. According to the Verband der deutschen Lack- und Druckfarbenindustrie (VdL), in 2024, the sales volume of the paint and printing ink industry decreased by 4% to 1.4 million tonnes. This decline underscores how raw material instability disrupts the value chain, ultimately restricting the resin market's potential for expansion.

Market Trends

The proliferation of radiation-cured and UV-curable systems is reshaping the market by enabling reduced energy intensity and rapid processing speeds. Unlike traditional thermal curing, these resins polymerize instantly upon exposure to electron beams or ultraviolet light, significantly boosting throughput for high-volume applications such as industrial electronics and packaging. This shift is technically driven by the need to eliminate long drying times and minimize the operational footprint of curing ovens, offering a distinct advantage over solvent-borne alternatives. According to the "RadTech 2024 Exceeds Expectations" press release from June 2024, the use of UV and electron beam formulated products in North America is projected to grow by over 5% per year over the next three years, reflecting the accelerating industrial reliance on these fast-curing technologies.

The expansion of powder coating resins onto heat-sensitive substrates represents a technological breakthrough extending the market beyond traditional metals to materials like wood and medium-density fiberboard (MDF). Manufacturers are developing low-cure resin formulations that polymerize at significantly lower temperatures, preventing thermal damage to the substrate while maintaining the durability and finish quality of standard powder coatings. This innovation opens new revenue streams in the furniture and architectural joinery sectors, creating market opportunities distinct from heavy infrastructure applications. According to AkzoNobel's September 2024 announcement regarding the "AkzoNobel Launches Revolutionary Ultra-Durable Low-Temperature Powder Coating," the company's new Interpon D2525 Low-E range enables curing at temperatures as low as 150°C, which reduces energy consumption by up to 20% compared to conventional curing processes.

Key Market Players

• BASF SE
• Covestro AG
• Arkema S.A.
• Dow Chemical Company
• Allnex USA Inc.
• Evonik Industries AG
• The Sherwin-Williams Company
• Huntsman International LLC
• Mitsubishi Chemicals Corporation
• Toray Industries, Inc.

Report Scope

In this report, the Global Coating Resins Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Coating Resins Market, By Type

• Acrylic
• Alkyd
• Vinyl
• Polyurethane
• Epoxy
• Others

Coating Resins Market, By Technology

• Waterborne Coatings
• Solvent-borne Coatings
• Powder Coatings

Coating Resins Market, By Application

• Architectural Coatings
• Marine & Protective Coatings
• General Industrial Coatings
• Automotive Coatings
• Wood Coatings
• Packaging Coatings
• Others

Coating Resins Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Coating Resins Market.

Available Customizations:

Global Coating Resins Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Coating Resins Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Type (Acrylic, Alkyd, Vinyl, Polyurethane, Epoxy, Others)
  • 5.2.2. By Technology (Waterborne Coatings, Solvent-borne Coatings, Powder Coatings)
  • 5.2.3. By Application (Architectural Coatings, Marine & Protective Coatings, General Industrial Coatings, Automotive Coatings, Wood Coatings, Packaging Coatings, Others)
  • 5.2.4. By Region
  • 5.2.5. By Company (2025)
• 5.3. Market Map

6. North America Coating Resins Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Type
  • 6.2.2. By Technology
  • 6.2.3. By Application
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Coating Resins Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Type
      • 6.3.1.2.2. By Technology
      • 6.3.1.2.3. By Application
  • 6.3.2. Canada Coating Resins Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Type
      • 6.3.2.2.2. By Technology
      • 6.3.2.2.3. By Application
  • 6.3.3. Mexico Coating Resins Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Type
      • 6.3.3.2.2. By Technology
      • 6.3.3.2.3. By Application

7. Europe Coating Resins Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Type
  • 7.2.2. By Technology
  • 7.2.3. By Application
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Coating Resins Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Type
      • 7.3.1.2.2. By Technology
      • 7.3.1.2.3. By Application
  • 7.3.2. France Coating Resins Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Type
      • 7.3.2.2.2. By Technology
      • 7.3.2.2.3. By Application
  • 7.3.3. United Kingdom Coating Resins Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Type
      • 7.3.3.2.2. By Technology
      • 7.3.3.2.3. By Application
  • 7.3.4. Italy Coating Resins Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Type
      • 7.3.4.2.2. By Technology
      • 7.3.4.2.3. By Application
  • 7.3.5. Spain Coating Resins Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Type
      • 7.3.5.2.2. By Technology
      • 7.3.5.2.3. By Application

8. Asia Pacific Coating Resins Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Type
  • 8.2.2. By Technology
  • 8.2.3. By Application
  • 8.2.4. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Coating Resins Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Type
      • 8.3.1.2.2. By Technology
      • 8.3.1.2.3. By Application
  • 8.3.2. India Coating Resins Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Type
      • 8.3.2.2.2. By Technology
      • 8.3.2.2.3. By Application
  • 8.3.3. Japan Coating Resins Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Type
      • 8.3.3.2.2. By Technology
      • 8.3.3.2.3. By Application
  • 8.3.4. South Korea Coating Resins Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Type
      • 8.3.4.2.2. By Technology
      • 8.3.4.2.3. By Application
  • 8.3.5. Australia Coating Resins Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Type
      • 8.3.5.2.2. By Technology
      • 8.3.5.2.3. By Application

9. Middle East & Africa Coating Resins Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Type
  • 9.2.2. By Technology
  • 9.2.3. By Application
  • 9.2.4. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Coating Resins Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Type
      • 9.3.1.2.2. By Technology
      • 9.3.1.2.3. By Application
  • 9.3.2. UAE Coating Resins Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Type
      • 9.3.2.2.2. By Technology
      • 9.3.2.2.3. By Application
  • 9.3.3. South Africa Coating Resins Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Type
      • 9.3.3.2.2. By Technology
      • 9.3.3.2.3. By Application

10. South America Coating Resins Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Type
  • 10.2.2. By Technology
  • 10.2.3. By Application
  • 10.2.4. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Coating Resins Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Type
      • 10.3.1.2.2. By Technology
      • 10.3.1.2.3. By Application
  • 10.3.2. Colombia Coating Resins Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Type
      • 10.3.2.2.2. By Technology
      • 10.3.2.2.3. By Application
  • 10.3.3. Argentina Coating Resins Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Type
      • 10.3.3.2.2. By Technology
      • 10.3.3.2.3. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Coating Resins Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. BASF SE
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. Covestro AG
• 15.3. Arkema S.A.
• 15.4. Dow Chemical Company
• 15.5. Allnex USA Inc.
• 15.6. Evonik Industries AG
• 15.7. The Sherwin-Williams Company
• 15.8. Huntsman International LLC
• 15.9. Mitsubishi Chemicals Corporation
• 15.10. Toray Industries, Inc.

16. Strategic Recommendations

17. About Us & Disclaimer