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Southeast Asia Clear Coatings Market Outlook and Forecast 2024-2030

view8048 2024. 10. 16. 18:55

The Southeast Asia Clear Coatings market size was valued at US$ 1.15 billion in 2024 and is projected to reach US$ 1.62 billion by 2030, at a CAGR of 5.9% during the forecast period 2024-2030.

 

Clear coatings are transparent protective layers applied to surfaces to enhance durability, aesthetics, and resistance to environmental factors, widely used in automotive, wood finishing, and industrial applications.

The Southeast Asia Clear Coatings market is growing steadily, driven by booming construction activities and automotive production. In 2023, total consumption reached 420,000 metric tons, with Indonesia, Thailand, and Vietnam accounting for 70% of regional demand. The automotive sector is the largest consumer at 35%, followed by construction at 30%. Water-based clear coatings are gaining traction, growing at 8% annually due to stricter VOC regulations. The market saw a 12% increase in demand for high-performance clear coatings in the electronics industry in 2023. UV-curable clear coatings are emerging as a fast-growing segment, expanding at 15% CAGR, driven by efficiency and environmental benefits. The trend towards sustainable coatings led to a 25% increase in bio-based clear coating adoption in 2023.

Report Includes

This report is an essential reference for who looks for detailed information on Southeast Asia Clear Coatings. The report covers data on Southeast Asia markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Southeast Asia major vendors¡¯ information. In addition to the data part, the report also provides overview of Clear Coatings, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Southeast Asia Clear Coatings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Clear Coatings. This report contains market size and forecasts of Clear Coatings in Southeast Asia, including the following market information:

We surveyed the Clear Coatings manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    Thailand

•    Indonesia

•    Vietnam

•    Malaysia

•    Philippines

•    Singapore

•    Myanmar

by Products type:

•    Solvent-borne

•    Water-borne

•    Powder Coating

•    Other

by Application:

•    Packaging

•    Automotive

•    Construction

•    Wood Coatings

•    Others

key players include: (At least 8-10 companies included)

•    Nippon Paint (Singapore) Co Pte Ltd

•    PT Propan Raya ICC (Indonesia)

•    Jotun (Malaysia) Sdn. Bhd.

•    Kansai Paint Co., Ltd. (Thailand Branch)

•    TOA Paint (Thailand) Co., Ltd.

•    Sika (Thailand) Limited

•    Berger Paints (Singapore)

•    DuluxGroup (Malaysia)

•    Hempel (Singapore) Pte Ltd

•    RPM International Inc. (Presence in Southeast Asia)

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Clear Coatings revenues in Southeast Asia market, 2019-2024 (Estimated), ($ millions)

•    Key companies Clear Coatings revenues share in Southeast Asia market, 2023 (%)

•    Key companies Clear Coatings sales in Southeast Asia market, 2019-2024 (Estimated),

•    Key companies Clear Coatings sales share in Southeast Asia market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Southeast Asia and country-wise market of Clear Coatings

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing Clear Coatings capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on Clear Coatings manufacturers

•    Clear Coatings forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.


Table of content

1 Market Overview    

1.1 Product Overview and Scope of Clear Coatings 

1.2 Segment by Type    

1.2.1 Southeast Asia Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030    
1.2.2 Solvent-borne    
1.2.3 Water-borne
1.2.4 Powder Coating
1.2.5 Other

1.3 Segment by Application  

1.3.1 Southeast Asia Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030    
1.3.2    Packaging
1.3.3    Automotive
1.3.4    Construction
1.3.5    Wood Coatings
1.3.6    Others
1.4 Southeast Asia Market Growth Prospects    
1.4.1 Southeast Asia Revenue Estimates and Forecasts (2019-2030)    
1.4.2 Southeast Asia Production Estimates and Forecasts (2019-2030)  

2 Southeast Asia Growth Trends    

2.1 Industry Trends    
2.1.1 SWOT Analysis    
2.1.2 PESTEL Analysis    
2.1.3 Porter’s Five Forces Analysis    
2.2 Potential Market and Gr

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Normal Paraffin Market, Global Outlook and Forecast 2024-2030

Normal Paraffin Market, Global Outlook and Forecast 2024-2030