Coating Resins Market Size

Coating Resins Market size was valued at USD 58.36 billion in 2024 and is projected to exceed USD 111.42 billion by the end of 2037, registering over 5.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of coating resins is evaluated at USD 60.74 billion. The reason behind the growth is due to the rising construction sector. Resins are utilized in both functional and decorative flooring, and they are also used as a protective coating a liquid compound used in construction to protect a surface against factors such as chemicals, carbonation, and sunlight. According to estimates, over the next 15 years, global construction work will increase by more than USD 4 trillion.

The growing development of renewable energy projects are believed to fuel the market growth. Coating resins can be utilized to protect the surface of solar panels as these panels are subjected to incredible quantities of natural erosion from water and wind, as well as UV damage. Besides this, these coatings are also used to protect the blades of wind turbines from erosion and wear caused by the extreme environmental conditions they face every day.