Global Coatings Raw Materials Market 2019-2023

Global Coatings Raw Materials Industry Overview

According to our industry experts, advances in water-based ink technology has been a major driving factor for the market’s growth. Coatings raw materials such as resins, solvents, pigment and fillers, and binders are used in the printing industry to make printing inks, especially black ink, which exhibits good dispersibility properties for plastic film and molding applications. Coatings raw materials are also used to manufacture water-resistant inks that are used for printing. The presence of these raw materials in printing inks improves smoothness, enhances gloss, and augments scratch resistance. Therefore, the growing production of printing inks will drive demand for coatings raw materials during the period under review. Technavio’s market research analysts have predicted that the coatings raw materials market will register a CAGR of more than 4% by 2023.

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Top coatings raw materials companies covered in this report

The coatings raw materials market is fragmented owing to the presence of several established and regional vendors. With the growing demand for coatings, raw materials in construction industry provided a new growth opportunity among the vendors. This has also raised the level of competition in this fragmented market will further intensify in the coming years. This coating raw materials industry analysis report will help clients in identifying new growth opportunities and designing new growth strategies, in light of the competition available in this domain.

The report offers a complete analysis of various companies including:

• Akzo Nobel
• Arkema
• BASF
• DowDuPont
• Eastman Chemical Company
• Evonik Industries

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Coatings raw materials market growth based on geographic regions

• APAC
• Europe
• North America
• ROW

With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the APAC region will contribute to the highest growth of this market throughout the forecast period.

Coatings raw materials market growth based on type

• Resins
• Pigments and fillers
• Solvents
• Additives

According to Technavio’s market research experts, the resins type segment will account for the largest share of the market. This report provides an accurate prediction of the contribution of the various type segments to the growth of the coatings raw materials market size.

Key highlights of the global coatings raw materials market for the forecast years 2019-2023:

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the coatings raw materials market during the next five years
• Precise estimation of the global coatings raw materials market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the coatings raw materials market across the APAC, Europe, North America and ROW
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of coatings raw materials companies

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