Polyvinyl Alcohols Market by Segmentation to Register Substantial Expansion by 2022
Natural resins are oil based resins typically used in the paints and coatings industry. Natural resins are used in paints and coatings for a wide range of applications such as paints, varnishes and lacquers. Copal, damar and mastic are the various types of natural resins used in a diverse range of paints and coatings applications. The growing demand for natural resin paints from different end-user industries, especially wood coatings industry, is projected to drive the global natural resin paints market in the coming years. Natural resins are resins which are derived from plants unlike synthetic resins which are made through chemical synthesis. In the initial state, natural resins are in a sticky and gummy state and then they harden over time. Moreover, natural resins are soluble in alcohol and other related compounds while they are insoluble in water. The solubility of natural resins in alcohol makes them suitable for use in paints and coatings. Natural resins can be heated o