Water-based Resins Market - Forecast (2023 - 2028)

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Water-based Resins Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• Water-Based Resins Market size is forecast to
  reach 55 billion by 2026, after growing at a
  CAGR of 6.3 during 2021-2026, owing to the
  rising demand for water-based resins from various
  end-use industries such as construction, marine,
  automotive, aerospace, and more.
• Water-based resins are fast replacing traditional
  volatile organic compounds (VOCs) solvent-based
  resins as these resins produce eco-friendly and
  easy to apply coatings. The rapid growth of the
  automotive and construction industry has
  increased the demand for adhesives sealants
  thereby, fueling the water-based resins market
  growth.

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• Key Takeaways
• Furthermore, increased demand for polymeric
  resins and elastomers across numerous end-use
  industries such as aerospace, paper, industrial,
  leather, and more is predicted to have a
  significant positive impact on the demand for
  water-based resins market in the upcoming years
• Due to the Covid-19 pandemic, most of the
  countries have gone under lockdown, due to which
  various projects and operations of various
  end-use industries such as automotive and
  construction are disruptively stopped, which is
  hampering the water-based resins market growth.

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By Distribution Channel- Segment Analysis The
acrylic segment held the largest share in the
water-based resins market in 2020 and is growing
at a CAGR of 5.6 during 2021-2026. Acrylic
resins are extensively used in various end-use
industries including automotive, construction,
industrial, and more. The main benefits of
acrylic resins are the ease of use, physical
properties, and low costs. They are resistant to
fungus, provide longer than average pot life, and
have outstanding protection from moistur
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Water-Based Resins Market Landscape

• BASF SE
• DowDuPont
• Allnex Group
• The Lubrizol Corporation
• Royal DSM N.V
• Hexion, Arkema
• DIC Corporation
• Covestro AG

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Water-Based Resins Market - Forecast (2022 -
2027) Learn More About the Report _at_
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Resins-Market-Research-500456
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