Water-Based Coatings Market Share, Competitive Analysis and Industry Segments Poised for Strong Growth in Future 2023

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Water-Based Coatings Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Water-Based Coatings Market Research Report-
Forecast to 2023
Water-Based Coatings Market - Overview
Water-Based Coatings use water as a solvent for
dispersion of pigments. Thus, it is environment
friendly. Water-Based Coatings contain 80 of
water and other solvents such as glycol ethers.
Water-based coatings offer low toxicity and
flammability due to the low VOC and HAP
emissions. Water-Based Coatings are used in
various end-use industries such as building
construction, automotive, electronics, marine,
paper packaging, and others. Furthermore, use
of this coating in waterproofing, crack filling,
plaster additive, screed compound, and others in
the construction sector drive the Global
Water-Based Coatings Market. The increasing
demand for better quality automobiles with
superior qualities such as durability and
anti-corrosion is another major driver of the
market. Moreover, growing demand for these
coatings from electronics industries to protect
circuitry system from moisture, chemicals, and
dust particles is likely to propel the market
growth. The other significant drivers include
marine and paper packaging industries are
projected to offer substantial growth avenues for
the Global Water-Based Coatings Market in the
coming years. The water-soluble paints are the
leading segment due to its superior properties
such as gloss retention, high corrosion
resistance, and good pigment wetting stability.
The acrylic water-based coatings are leading the
market growth as require less time to dry as
compared to other coatings.
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Water-Based Coatings Market Research Report-
Forecast to 2023
Segmental Analysis
The Global Water-Based Coatings Market is
segmented based on the Product Type, Resin Type,
End-Use Industries, and Region. Based on the
Product Type, the Global Water-Based Coatings
Market is categorized into water-soluble paints,
colloidal coatings, emulsions/latex paints, and
water-based alkyds. Based on the Resin Type, the
Global Water-Based Coatings Market is segregated
as acrylic, formaldehyde, polyurethane, alkyds,
epoxy, and others. The End-User Industries are
further segmented into building construction,
automotive, electronics, marine, paper
packaging, and others. View Full Press Release
_at_ https//www.marketresearchfuture.com/reports/wat
er-based-coatings-market-5742

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Water-Based Coatings Market Research Report-
Forecast to 2023
Regional Outlook
The Global Water-Based Coatings Market is
segmented into five regions Asia Pacific, North
America, Europe, Latin America, and the Middle
East Africa. The Asia Pacific is expected to
lead the Global Water-Based Coatings Market owing
to the growing demand from the construction and
automotive sector. The high demand for efficient
electronics along with high income and changing
lifestyle is another major driver of the market
in this region. The North American Market is
majorly driven by the high demand for waterborne
coatings from various End-Use Industries such as
construction, automotive, and electronics. Europe
is another major region in the Global
Water-Based Coating Market on account of the
developing infrastructure and automotive
industries, especially in Western Europe. Latin
America and the Middle East Africa are
anticipated to showcase a significant growth
owing to the increasing demand for automotive and
infrastructural activities respectively.
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Water-Based Coatings Market Research Report-
Forecast to 2023
Major Players in this Research

• Water-Based Coatings Market Prominent Players
• AkzoNobel N.V. (Netherlands)
• Axalta Coating Systems (U.S.)
• BASF SE (Germany)
• Berger Paints India Limited (India)
• Nippon Paint Company Limited (Japan)
• PPG Industries Inc. (U.S.)
• Rpm International Inc. (U.S.)
• The Sherwin-Williams Company (U.S.)
• asian paints (India)
• Tikkurila Oyj (Finland)
• Chenyang Waterborne Paint (China)
• Jotun (Norway) and Sika AG (Switzerland)

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