The coatings industry is changing as a result of advancements in waterborne resin. Coatings have one or more solvents as their primary component. The paint’s component parts are dissolved by solvents, creating a liquid mixture that may be sprayed. The paint coating is left behind after the solvent has been sprayed to a component and has evaporated. Aqueous coatings frequently use water as a solvent. This coating dissolves completely in water and other solvents since it is made of resin that is water soluble.
Aqueous coatings contain organic co-solvents as a result of polymerization or polycondensation processes. Contrary to their name, waterborne coatings frequently contain extra solvents that can make up to 30% of the finished product. Waterborne coatings have existed in some capacity for many years, but in recent years, their performance characteristics have significantly improved.
Market Growth:
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 Report Delivered By Maximize Market Research Helps Clients To Understand The Competitive Landscape In Detail, Which Is A Guide For Strategic Planning. The Waterborne Coatings Market Overview Provides Thorough Details About The Size Of The Market, Trade Statistics, Leading Players, And Various Market Metrics Such As Life Cycle, Trends, Etc.
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Waterborne Coatings Market Report Scope And Research Methodology
The Report Offers A Comprehensive Analysis Of The Waterborne Coatings Market, Including Trends, Forecasts, And Monetary Values. It Provides A Detailed Examination Of The Segments And Sub-Segments Within Both The Global And Regional Waterborne Coatings Markets. The Report Employs A Bottom-Up Approach To Estimate The Market Size Of The Waterborne Coatings Market, Ensuring Accuracy Across Various Segments. It Includes Comprehensive Information On Key Market Participants, As Well As New Entrants, Covering Their Services, Revenue, Financial Status, Portfolio, Growth Strategies, And Regional Presence. The Report Also Provides Projections For Market Size And Growth Rate And Highlights Existing And Future Trends Within The Waterborne Coatings Market.
Furthermore, The Report Presents An In-Depth Analysis Of Demand Projections, Market Trends, And Micro And Macro Factors That Impact The Waterborne Coatings Market. It Identifies The Drivers And Constraints Influencing The Growth Of The Waterborne Coatings Market. The Report Utilizes Qualitative And Quantitative Research Methods, Incorporating Tools Such As Swot Analysis, Pestle Analysis, And Porter’s Five Forces Analysis. This Enables A Comprehensive Understanding Of The Market Dynamics. The Report Also Provides Insights Into Key Upcoming Developments That Are Expected To Influence The Demand For Waterborne Coatings In The Foreseeable Future.
Waterborne Coatings Market Segmentation
by Resin Type
1. Acrylic
2. Polyester
3. Alkyd
3. Epoxy
4. Polyurethane
5. Polytetrafluoroethylene
6. Polyvinylidene Fluoride
7. Polyvinylidene Chloride
8. Others
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.
by Application
1. Architectural
2.Residential
3.Non-Residential
4. Industrial
4.1 Automotive
4.2 General Industrial
4.3 Protective
4.4Wood
4.5 Marine
4.6 Packaging
4.7 Coil
4.8 Others
The Key Manufacturers In The Waterborne Coatings Market
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
Waterborne Coatings Market Regional Insights
The Report Provides A Regional Analysis That Aids In Comprehending The Waterborne Coatings Market Across Multiple Countries. It Offers A Comprehensive Examination Of Various Factors, Market Size, Growth Rate, As Well As Import And Export Statistics Within Different Regions. The Waterborne Coatings Market Is Categorized Into Several Major Regions, Namely North America, Europe, Asia Pacific, Latin America, The Middle East, And Africa. The Report Delves Into Each Of These Regions To Provide Detailed Insights And Understanding Of The Waterborne Coatings Market’s Dynamics And Performance In Each Geographical Area.
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Table Of Content For The Waterborne Coatings Market Includes:
1. Global Waterborne Coatings Market: Research Methodology
2. Global Waterborne Coatings Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to Global Waterborne Coatings Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Global Waterborne Coatings Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact
4. Global Waterborne Coatings Market Segmentation
4.1. Global Waterborne Coatings Market, by Resin Type (2022-2029)
• Acrylic
• Polyester
• Alkyd
• Epoxy
• Polyurethane
• Polytetrafluoroethylene
• Polyvinylidene Fluoride
• Polyvinylidene Chloride
• Others
4.2. Global Waterborne Coatings Market, by Application (2022-2029)
• Architectural
o Residential
o Non-Residential
• Industrial
o Automotive
o General Industrial
o Protective
o Wood
o Marine
o Packaging
o Coil
o Others
Key Questions Answered In The Waterborne Coatings Market Are:
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