Skip to main content

Waterborne Coatings Market - Changing Supply And Demand Scenarios By 2022

Increasing construction and remodeling activities in emerging economies of Asia Pacific and Middle East is expected to drive waterborne coatings market growth over the next seven years. Waterborne coatings are widely used in interior & exterior paints, doors, trims and facades in architectural industry.

The Global Waterborne Coatings Market is expected to reach USD 146.11 billion by 2022, according to a new study by Grand View Research, Inc.


Stringent government regulations in order to reduce volatile organic compounds (VOC) emissions associated with solvent based coatings are projected to propel market growth. Increasing automobile production in countries such as India, China, Thailand, Indonesia and Mexico has also prompted the demand for waterborne coatings.

Acrylic resins were the most dominant resin in waterborne coatings and accounted for over 80% of total market volume in 2014. They find wide application scope in end-use industries such as infrastructure and automotive refinishes owing to exterior durability coupled with low production cost.

To Know More About Waterborne Coatings Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/waterborne-coatings-market 

Polyurethane (PU) is expected to emerge as fastest growing resin at an estimated CAGR of 7.5% from 2015 to 2022. Superior PU properties over other resins are expected to drive its demand over the forecast period. Architectural was the largest application segment and accounted for 86.5% of the total market volume in 2014. Automotive OEM is anticipated to be the fastest growing application segment at a CAGR of 8.1% from 2015 to 2022.

Top Players of Waterborne Coatings Market:

Some of the major companies operating in the global market include BASF, Berger Paints India Ltd., Kansai Paint Company Ltd., Axalta Coatings Systems LLC, and Nippon Paint Holdings Company LLC. Other prominent industry participants in global market comprise of  RPM International, PPG Industries Inc., Akzo Nobel NV, The Valspar Corporation, The Sherwin-Williams Company and Tikkurila Oyj.

Market Segmentation of Waterborne Coatings Market:

The Global Waterborne Coatings Market Segmented on the basis of Resin and Application.

By Resin:

    Acrylic
    Polyurethane (PU)
    Epoxy
    Alkyd
    Polyester
    Polytetrafluoroethylene (PTFE)
    Polyvinylidene Chloride (PVDC)
    Polyvinylidene Floride (PVDF)

By Application:

    Architectural
    General Industrial
    Automotive OEM
    Metal Packaging
    Protective Coatings
    Automotive Refinish
    Industrial Wood
    Marine
    Coil

Inquire about Waterborne Coatings Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1980
Labels:

Comments

Post a Comment

Popular posts from this blog

U.S. Liquid Waste Management Market Segments and Key Trend till 2025

Growing organic & non-hazardous liquid waste generation through residential and commercial sources is expected to drive demand over the forecast period. The U.S. Liquid Waste Management Market is expected to reach USD 22.5 Billion by 2025, according to a new report by Grand View Research, Inc. Industrial & residential liquid waste is often associated with water-borne diseases since improper disposal of the waste leads to water pollution, environmental degradation, and soil contamination. As a result, the demand for hygienic liquid waste management services is expected to grow significantly over the forecast period. A major trend arising from the need to improve liquid waste management is the outsourcing of the services to global & competitive players in order to improve the focus on sustainability and meet stringent guidelines. In addition, the government undertakes public-private partnership projects to enhance the efficiency of the waste management process, whi
Post a Comment
Read more

Triethylene Glycol (TEG) Market with Current Trends Analysis -2022

Increasing natural gas output is expected to be one of the key factors driving TEG demand over the forecast period. Rise in gas production is expected to have a two-fold impact on the TEG market providing abundant feedstock for TEG manufacture on the supply side and utilizing TEG for gas de-hydration on the demand side. Aforementioned factor is anticipated to augment market growth over the forecast period. The Global Triethylene Glycol (TEG) Market is expected to reach USD 718.3 million by 2022, according to a new study by Grand View Research, Inc. Use of TEG in natural gas dehydration accounted for over 55% of global TEG volume in 2014. The segment is also expected to witness fastest growth at an estimated CAGR of over 3.5% from 2015 to 2022. High consumption of TEG in natural gas dehydration can be attributed to growing demand from developed nations including Japan, U.S., EU, Russia and Qatar. Moreover, improving infrastructure for gas import, transport and utilization in
Post a Comment
Read more

Specialty Ingredients Market Figures and Analytical Insights 2019 – 2022

Shift in consumer focus towards organic products coupled with growing demand for anti-ageing and environmental defense skin care products is expected to drive the global specialty ingredients market over the forecast period. The Global Specialty Ingredients Market is expected to reach USD 141.12 billion by 2022, according to a new report by Grand View Research, Inc. Increasing preference for healthy and nutritional diet and enhancing growth of high quality pharmaceutical drugs is also expected to have a positive influence on the market growth. Food and beverages dominated the global industry on account of high demand for various beverages, supplements and nutritional dietary products across the globe. Food & beverage industry is expected to experience advancement owing to increasing demand for organic items coupled with high-quality and customized requirements by population over the forecast period. Changing lifestyle has also enhanced preference for nutritional goods whic
Post a Comment
Read more