Global Thermosetting Coatings market cagr 12.9%

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Thermosetting Coatings Market

Thermosetting Coatings Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Thermosetting Coatings Market Size and Growth

The Thermosetting Coatings market is witnessing robust growth, driven by increasing demand across automotive, construction, and electronics sectors. The market is projected to reach approximately $30 billion by 2026, fueled by innovations in eco-friendly formulations and enhanced durability. Competitive dynamics highlight opportunities for expansion amid evolving consumer preferences.

Companies Covered

(Covid 19 Impact Covered)

◍ AkzoNobel

◍ PPG

◍ Sherwin Williams

◍ Nippon Paint Holdings

◍ RPM

◍ Axalta

◍ BASF

◍ Kansai Paint

◍ AsianPaints

◍ BEHR

◍ Dongfang Yuhong

◍ Jotun

◍ Xiangjiang Paint

◍ Sankeshu

The thermosetting coatings market features major players like AkzoNobel, PPG, and Sherwin Williams, focusing on durable, high-performance applications across industries. Their innovation, extensive product lines, and sustainability efforts drive market growth.

Notable sales revenues include AkzoNobel (€8.5 billion), PPG ($15.1 billion), and Sherwin Williams ($19.4 billion).

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Market Segmentation

By Application

Car

Electronic Product

Building

Others

By Product

◍ Amino Alkyd Coating

◍ Thermosetting Acrylic Coating ◍ Epoxy Resin Coating

Polyurethane Coating

Others

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Market Growth

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$ X Billion USD

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