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Hydroxy functional resins refer to resins with hydroxy group connected on the molecular chain. After reaction with crosslinking agents like Melamine, the hydroxy functional resins possess good performance of chemical resistance and physical properties, making it advantageous to be used as coating in automotive, aerospace and furniture industry, etc. The most commonly used hydroxy functional resins are hydroxyl acrylic resin and hydroxyl polyester resin. In our report, the range of statistics is for the above types.
Scope of the Report:
This report focuses on the Hydroxy Functional Resins in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Hydroxy functional resins refer to resins with hydroxy group connected on the molecular chain. After reaction with crosslinking agents like Melamine, the hydroxy functional resins possess good performance of chemical resistance and physical properties, making it advantageous to be used for automotive, aerospace, furniture industry, etc. The most commonly used hydroxy functional resins are hydroxyl acrylic resin and hydroxyl polyester resin. In our report, the range of statistics is for the above types.
Until 2015, China overall was the dominant producer and exporter of hydroxy functional resins, following by Europe and North America. In 2015, the world production of hydroxy functional resins reached 439 K MT. Leading players in hydroxy functional resins industry are BASF, Dow, Arkema, Evonik, Gellner Industrial, Allnex, Elementis, etc.
Hydroxy functional resins is a fragmented industry with a variety of manufacturers ranging from large multinational corporations to small privately owned companies. In 2015, the top four producers account for 27.56% of the market. Generally, the companies in this industry can be classified as three kinds: leading global general coating suppliers like BASF and Arkema; leading chemical suppliers with a rich portfolio of products like Dow and Evonik; Specialized coating material suppliers that produce advanced products like Gellner Industrial. Comparatively, leading chemical suppliers and general coating suppliers enjoys lower manufacture cost than other suppliers, making it more advantageous in price, while specialized coating material suppliers has close connect with direct downstream users, which makes it advantageous in customer relationship and technical level.
The materials of hydroxy functional resins can be classified as monomer and hydroxyl functional groups. The commonly used monomer and hydroxyl functional groups are Methyl methacrylate, Styrene and Hydroxyethyl methacrylate. Also, in the production of hydroxy functional resins used for amino baking paint, the product is premixed with crosslinking agent and solvent when sold on the market, even though they are not real raw material.
The largest consumption area of hydroxy functional resins is metallic coating, which accounted for 74.49% of world hydroxy functional resins consumption in 2015. Hydroxy functional resin has also been founded widely used for plastic coating and glass coating. Generally speaking, automotive is considered as the most important application of hydroxy functional resins in terms of terminal use.
The worldwide market for Hydroxy Functional Resins is expected to grow at a CAGR of roughly 3.4% over the next five years, will reach 1550 million US$ in 2023, from 1260 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- - BASF
- - Arkema
- - Dow
- - Evonik
- - Gellner Industrial
- - Allnex
- - Elementis
- - Sanmu
- - TaiChang Resin
- - Dongsheng
- - KITO
- - TOD Chemical
Market Segment by Regions, regional analysis covers
- - North America (United States, Canada and Mexico)
- - Europe (Germany, France, UK, Russia and Italy)
- - Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- - South America (Brazil, Argentina, Colombia etc.)
- - Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- - Hydroxyl acrylic resin
- - Hydroxyl polyester resin
Market Segment by Applications, can be divided into
- - Metallic Coating
- - Plastic Coating
- - Glass Coating
- - Others
There are 15 Chapters to deeply display the global Hydroxy Functional Resins market.
Chapter 1, to describe Hydroxy Functional Resins Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Hydroxy Functional Resins, with sales, revenue, and price of Hydroxy Functional Resins, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Hydroxy Functional Resins, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Hydroxy Functional Resins market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Hydroxy Functional Resins sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source