Waterborne Coatings Market size was valued at USD 81.17 Bn. in 2021 and the total Waterborne Coatings revenue is expected to grow by 3.8% from 2022 to 2029, reaching nearly USD 109.39 Bn.
Waterborne Coatings Market Overview:
The competitive landscape of the Waterborne Coatings Market includes information about competitors. Among the areas covered are a firm overview, financials, revenue generated, market potential, R&D investment, new market efforts, geographical presence, business strengths and weaknesses, product introduction, and application dominance. The information that follows is only relevant to the organization’s concentration on the Waterborne Coatings market.
Market Scope:
Top-down and bottom-up approaches are used to validate the market size and estimate the market size by different segments. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights based on usage rate and average sale price are applied to each area to generate percentage splits, market shares, and segment breakdowns. The country-wise divisions of the overall market and its sub-segments are determined by the percentage adoption or usage of the specified market Size in the relevant area or nation.
Segmentation:
By Resin Type, the Acrylic segment dominated the Waterborne Coatings market with the highest market share in 2021 and is expected to maintain its dominance at the end of the forecast period. Acrylic-based resins are thermoplastic resins that are created by polymerizing acrylate or methacrylate monomers. To lower costs, some acrylic resins can additionally incorporate vinyl monomers such as styrene or vinyl acetate. These resins offer hydrolysis resistance, exceptional weather resistance, great gloss, and color retention, making them ideal for external applications. They also offer additional features including transparency, UV resistance, and good color ability for coating solutions.
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Key Players:
• BASF SE
• AkzoNobel N.V.
• PPG Industries Inc.
• RPM International Inc.
• The Sherwin-Williams Company
• Asian Paints Limited
• Axalta Coating Systems LLC.
• Nippon Paint Holdings Co. Ltd.
• Kansai Paint Co. Ltd.
• Jotun Group.
• Benjamin Moore & Co.
• Berger Paints India Limited
• Hempel Group
• Jotun
• KCC CORPORATION
• PPG Industries
• Sika AG
• Covestro AG
• Dow
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Primary and secondary research are used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and markeWaterborne Coatingsg executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and markeWaterborne Coatingsg executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
The following are the key players of the Waterborne Coatings market-
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Regional Analysis:
Individual market influencing components and changes in market rules that impact present and future market trends are also explored in the research’s geographical component. Downstream and upstream value chain analysis, technology trends, Porter’s five forces analysis, and case studies are some of the elements utilized to anticipate market scenarios for various nations.
COVID-19 Impact Analysis on Waterborne Coatings Market: In addition, the paper evaluates the influence of COVID-19 on the Waterborne Coatings market. The primary goal of this research is to assist users in understanding the market in terms of definition, segmentation, market potential, important trends, and challenges that the industry faces across major regions. The study presents a microeconomic and macroeconomic analysis of COVID-19’s overall impact on the Waterborne Coatings Market. The analysis focuses on market share and size, clearly illustraWaterborne Coatingsg the impact of the pandemic on the global Waterborne Coatings Market in the next years.
Key Questions Answered in the Waterborne Coatings Market Report are:
- What will be the Waterborne Coatings market’s CAGR throughout the projected period (2021-2027)?
- Which market category emerged as the market leader in the Waterborne Coatings industry?
- Who are the key players in the Waterborne Coatings market?
- What important trends in the Waterborne Coatings industry are anticipated to develop throughout the forecast period?
- How big will the Waterborne Coatings market be in 2027?
- In 2020, which business segment had the highest proportion of the Waterborne Coatings market?
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