Coating Binders Market ,2018-2028 by Segmentation Based on Product, Application and Region

Key Insights - Coating Binders Market

Tier 1 Players Hold their Position in Coating Binders Market with Significant Share

Tier 1 players in the coating binders market account for 40%-50% of revenue share. The leading players in the market are focusing on strengthening their regional presence. The companies are planning to expand through mergers and acquisitions, and new product launches. Rise in stringent regulations on limiting Volatile Organic Compounds (VOC) emission across globe is also resulting in new product launches by manufacturers.

For instance, BASF SE, one of the leading players in the coating binders market launched new low odor binder for paper coating, with minimal content of VOC. Moreover, BASF’s construction chemicals division recently opened a development laboratory in Dubai. The company is focusing on developing new technologies to improve performance of construction and concrete materials.

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Other major players in coating binders market like The Dow Chemical Company and Arkema SA are also focusing on expanding the distribution network, product innovation, and entering into strategic partnership with coating manufacturers.

New Technologies Making Mark in Coating Binders Market

The on-going trend of low and zero VOC coatings is offering opportunities for innovation in coating binders. Antimicrobial coating technology is gaining popularity ensuring microbial control, providing hygienic surfaces and providing film preservation in paints. For instance, Croda has launched MyCroFence, a first-generation acrylic binder with the active antimicrobial surface component.

With the increasing use of lithium-ion batteries in the automotive sector, manufacturers in the coating binders market are focusing on developing effective coating binder material that can replace industry standard polyvinylidene fluoride (PVDF) binder, a toxic solvent with the water-based solvent.

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Competitive Landscape

The Fact.MR report on the coating binders market provides detailed profiles of the leading companies operating in the market. The report also offers an exhaustive assessment of both established and emerging players in the coating binders market. Information on product portfolio, key developments, key financials, and company overview is also offered in the report on the coating binders market.

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.

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Definition

Coating binders are film-forming elements, providing adhesion to bind pigments, substrate, and extenders together. It determines important properties such as gloss, flexibility, and durability. Coating binders are majorly used in infrastructure, automotive, and industrial coatings.

About 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.

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Market Segmentation

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.

By product type, the market is segmented into Acrylics, Alkyds, Polyesters, Polyurethanes, Epoxy, Vinyl-Acrylics, and Others (Silanes, Melamine, Vinyl Acetate etc.). Based on the nature, the coating binders market is segmented into natural and synthetic. On the basis of technology, the market includes, Solvent Based Coating, Waterborne Coating, High Solids, Powder Coating, and UV Cure.

Based on the application, the coating binders market is segmented into Automotive Coating, Architectural Coating, Industrial Coatings, Wood Coating, and Others (Marine, Special Purpose etc.).

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?
Research Methodology

The key insights and forecast offered in the coating binders market report are based on the unique research methodology that has been used to develop the report on coating binders market. The research methodology includes both primary and secondary research to gain insights into the coating binders market.

Before including in the report, all the data and information collected through both primary and secondary research has been checked through valid data sources and interviews with leading experts in the coating binders market. The report provides exclusive information to help clients plan business expansion strategies.

About FactMR
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