Market Research Reports

The Asia Pacific coating resins market features a largely fragmented vendor landscape, wherein the leading eight companies collectively accounted for a nearly 59% of the overall market in 2014, says a recent report by Transparency Market Research. The report states that the market chiefly constitutes medium- and large-scale coating resin manufacturers. The intense level of competition and low profit margins make the market a difficult one to venture for small-scale companies. While low profit margins constitutes a major threat, opportunities abound in green technologies as several countries in the region already have or are under the process of instigating strict environment protection rules and regulations, making the growth prospects of harmful emission producing products bleak. As such, waterborne technologies and product innovation could be the key to reinstating command over the market in the near future. Transparency Market Research estimates that the global coating res...

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...