Breaking Barriers in Coating Industry: Trends and Forecasts in Waterborne Coatings

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 Waterborne Coatings Market Report covers detailed about the market trends, pricing analysis, and short-term market analysis. Waterborne Coatings Market performing specific actions or carrying out desired effects during the process, The Waterborne Coatings market serves a variety of services the products is sourced from both primary and secondary sources, considering all possible factors that could influence the Waterborne Coatings market. The report covers future trends that are expected to drive the Waterborne Coatings market growth.

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Waterborne Coatings Market Report Scope and Research Methodology

The global Waterborne Coatings Market is analyzed through segments including product type, applications, category, and region. The Waterborne Coatings Market report covers the key players in the Waterborne Coatings industry, including company profile, revenue, product specifications, product sales, price, gross margin sales, market share, and an in-depth analysis of the Waterborne Coatings market. The report covers competitive analysis of market drivers, restraints, opportunities, and growth. PORTER and PESTLE analyses were conducted to analyze the impact of microeconomic and macroeconomic factors on the market.

Waterborne Coatings Market Regional Insights

The Waterborne Coatings market has experienced various trends, impacting its growth. These trends include increasing popularity and product innovation and market expansion. The report provides a comprehensive overview of the Waterborne Coatings market, focusing on major producing regions. The market for Waterborne Coatings in North America grows as demand for minimally invasive procedures rises and consumer awareness rises. The dominance of Waterborne Coatings market continues to rise, and an aging population fuels market expansion.

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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
4.4 Wood
4.5 Marine
4.6 Packaging
4.7 Coil
4.8 Others

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.

Waterborne Coatings Market 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

Key questions answered in the Waterborne Coatings Market are:

• What is Waterborne Coatings?
• What was the Waterborne Coatings market size in 2022?
• What are the global trends in the Waterborne Coatings Market?
• What are the major challenges that the Waterborne Coatings Market could face in the future?
• How is the intervention from regulatory authority is shaping the Waterborne Coatings Market?
• What growth strategies are the players considering to increase their presence in Automotive Relay Market?
• Who held the largest market share in the Waterborne Coatings Market?
• Which regional Waterborne Coatings market is expected to grow rapidly during the forecast period?

Key Offerings:

• Market Overview
• Market Share, Size & Forecast by Revenue | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
• Regional Insights
• Market Segmentation – A detailed analysis of segments and sub-segments
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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