Waterborne Coatings Market size was valued at USD 84.25 Bn. in 2022 and the total Waterborne Coatings revenue is expected to grow by 3.8% from 2023 to 2029, reaching nearly USD 109.39 Bn.
Waterborne Coatings Market Overview
The research on the Waterborne Coatings Market is based on the detailed dynamics the Waterborne Coatings Market . The report covers Market revenue forecasts at global, regional and segment, and national levels. Segment & Region wise Sales forecasting is the main highlight of the report.
Waterborne Coatings Market Report Scope and Research Methodology
The report on Waterborne Coatings Market provides an in-depth analysis of the industry. Key highlights of the report include the Market size and the growth rate. Insights of the report covers the drivers, restraints, challenges & opportunities for Market growth. A detailed PESTEL analysis is also included in the report. The report covers a thorough regional analysis of the Waterborne Coatings industry at local, regional and global level. Segment wise marker share estimation & Industry potential is also covered.
The Waterborne Coatings Market was analysed by region, revenue, financial status, portfolio, technological advancement adopted, and mergers and acquisitions. The new entrants & existing players in Market were researched for growth prospects and future business outlooks. The analysis acts as a guide for stakeholders, investors, Market players and followers and new entrants with an overall view of the Market for formulating investment approaches and Market ing tactics. Bottom-up approach was used to estimate the Waterborne Coatings Market size.
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Waterborne Coatings Market Regional Insights
The country wise insights of the industry are covered along with the list of key players. The key regions studied are North & South America, Asia Pacific, Europe and Middle East Africa..
Waterborne Coatings Market Segmentation
By Resin Type, the Acrylic segment held the largest market share in 2022 and is anticipated to continue dominating the market at the conclusion of the projected period. Thermoplastic resins made from acrylate or methacrylate monomers are known as acrylic-based resins. Some acrylic resins might also include vinyl monomers like styrene or vinyl acetate to cut costs. These resins are excellent for outdoor applications because they resist hydrolysis, exhibit outstanding weather resistance, have great gloss, and maintain colour well. Transparency, UV resistance, and outstanding colour ability for coating solutions are further qualities they provide.
Paints that are solvent-borne contain acrylic resins. Products for solution polymerization can also be used to make powder coatings and water-borne acrylic dispersions for application in architecture. In water-borne systems, these resins reduce VOC emissions. High surface hardness could result from the usage of these acrylic resins. Walls, roofs, and decks can all benefit from acrylic coatings because they create elastomeric surfaces that are more resistant to UV rays. In the construction industry, acrylic coatings are primarily utilised for high-finishing on a variety of surfaces, including floors, decks, bridges, and roadways.
The resin has drawn a lot of attention as an essential coating component. Similar organic volatile solvents are used by traditional solvent-based resins to reduce resin viscosity. The development of conventional solvent-based coatings has been constrained since governments throughout the world have implemented severe environmental restrictions and policies that forbid the emission of volatile organic compounds (VOCs).
Waterborne resins, which primarily use water as a solvent or dispersion and can significantly minimise VOC emissions, should be used instead of standard solvent resins. The aqueous resin, which is becoming more and more popular, has the advantages of being nonflammable and pollution-free in the manufacturing and shipping operations.
Waterborne Coatings Key Players
1. BASF SE
2. AkzoNobel N.V.
3. PPG Industries Inc.
4. RPM International Inc.
5. The Sherwin-Williams Company
6. Asian Paints Limited
7. Axalta Coating Systems LLC.
8. Nippon Paint Holdings Co. Ltd.
9. Kansai Paint Co. Ltd.
10.Jotun Group.
11.Benjamin Moore & Co.
12.Berger Paints India Limited
13.Hempel Group
14.Jotun
15.KCC CORPORATION
16.PPG Industries
17.Sika AG
18.Covestro AG
19.Dow
20.Solvay
21.SILBERLINE MANUFACTURING CO.
22.Hexion
23.The Lubrizol Corporation
24.Eastman Chemical Company
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Key questions answered in the Waterborne Coatings Market are:
- What is Waterborne Coatings ?
- What are the factors driving the Waterborne Coatings Market growth?
- What are the factors are limiting the Waterborne Coatings Market growth?
- What was the Waterborne Coatings Market size in 2021?
- Which trends are expected to generate additional revenue for the Market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Market?
- What growth strategies are the players considering to increase their foothold in the Market?
- Who held the largest Market share in the Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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