Asia Pacific Coating Resins Market: Booming Automotive and Construction Industry to Encourage Growth, says TMR
The Asia Pacific coating resins market is characterized as highly fragmented and competitive in nature, owing to the presence of a large number of players operating in it, states a market intelligence report by Transparency Market Research. The leading players operating in the coating resins market in Asia Pacific, namely Allnex Belgium SA/NV, Arkema S.A., Nuplex Industries Ltd., BASF SE, Evonik Industries, Eternal Resin Co. Ltd., DIC Corporation, and Royal DSM N.V., collectively led the market and held a share of 50.5% in 2014. The Asia Pacific market for coating resins comprises of a large number of medium-scale and large-scale manufacturers. The rising importance of these players on advancements and innovations is estimated to encourage the growth of the overall market in the next few years. This will also allow players to gain a competitive edge in the Asia Pacific coating resins market. As per the research study, in 2015, the Asia Pacific market for coating re...