The Global Water Borne coatings market was $80.84 billion in 2017 and is estimated grow with CAGR of 5.90% till 2020 to reach 28.8 billion

1
Waterborne Coatings Market 2018 - 2023

• The Global Water Borne Coatings Market was 80.84
  billion in 2017 and is estimated grow with CAGR
  of 5.90 till 2020 to reach 28.8 billion

2
Asia-Pacific will Dominate the Waterborne
Coatings Market

• Asia-Pacific will have the largest share in
  the Waterborne Coatings Market during the
  forecast period owing to the growth of the
  construction and automotive industries. India and
  China are the main regions for waterborne
  coatings market. The growth of the economy also
  creates a conducive environment for the growth of
  waterborne coatings. North America and Western
  Europe follow suit. In South America, Brazil has
  become a key region for the waterborne coatings
  industry.
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3
Selected Regulatory Analysis Done in the Full
Report

• The architectural segment has the largest
  share in the waterborne coatings market in the
  forecast period. The application in this segment
  includes lacquers and varnishes which are used
  for decorating the doors and window frames. The
  construction industry is also expected to have a
  high growth due to the infrastructural
  developments in the countries of Peru, Columbia,
  Brazil, Chile in Latin America. Increasing demand
  for coil coatings in the steel and aluminium
  industry will drive the growth of the waterborne
  coatings.

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4
Selected Driving Factors Mentioned in the Full
Report

• Growing use of decorative wall paints will drive
  the demand for the Waterborne Coatings Market
  during the forecast period.
• Growing consumer preferences towards eco-friendly
  products will enhance the growth of water soluble
  coating in the forecast period.
• Increase in construction activities will bolster
  the demand for waterborne coatings in the coming
  years.
• Increased spending in home decoration will
  propel the demand for coating applications in the
  coming years.
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5
Key Players of the Waterborne Coatings Market

• The key players of the waterborne coatings
  market include PPG Industries, Akzonobel NV, and
  Axalta Coating Systems. PPG Industries has
  introduced the new waterborne clear coat
  technology for automotive refinishes. These
  clearcoats provide waterborne paint systems for
  repair centres. Akzonobel NV provides wetting
  agents that give small particle sizes that
  increase the hiding power of the pigment. Due to
  this feature, the producer can save the pigment
  load and lower the cost. Axalta Coating Systems
  has introduced Tufcote 2.1 HG and Tufcote Hydro
  LV HG waterborne acrylic products which are used
  for wood, metal, and plastic surfaces in schools
  and hospitals.

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About IndustryARC

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