Press release
Know How Waterborne Coatings Market is Thriving Worldwide? Key Players - BASF, Berger Paints, PPG Industries, Sherwin-Williams, Valspar, Axalta Coating Systems, and Nippon Paint
Waterborne Coatings Market
Waterborne Coatings Market size should exceed USD 95 billion by 2024. Shifting trends towards environment friendly products to reduce harmful effects on surroundings should favor waterborne coatings market size. These coatings are categorized as eco-friendly products containing, low VOC & HAP content which pose potentially less risk to human as well as living environment thereby promoting product demand.
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Architectural applications may witness gains at above 5.5% during forecast timeframe. Increase in living standards has led to rise in renovation, interior decoration and remodeling activities in both residential and commercial construction which should drive waterborne coatings market size.
Government initiatives and financial assistance in restoration activities and public infrastructure development mainly in India and China should contribute towards industry growth.
Waterborne coatings demand from automotive refinish applications may exceed to USD 1.5 billion at end of forecast timeframe. Growing demand from automotive repairs to enhance aesthetic appeal and recover damages including scratches & fading body paint caused by extreme climatic effects and accident should propel product demand.
U.S. waterborne coatings demand may surpass USD 15.5 billion by end of 2024. Positive indicators towards increase in infrastructure spending along with growth of automobile sector should drive regional growth. Stringent norms by EPA & OSHA to minimize VOC content to limit toxicity levels should promote product demand.
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Global waterborne coatings industry share is fragmented with industry players including PPG Industries, AkzoNobel, Valspar, Kansai Paints, Sherwin Williams, Axalta and BASF. Key industry participants strategize to expand is production capacity, adopt new production technology and expand its distribution network to other regions.
Partial Chapter of the Table of Content
Chapter 2. Executive Summary
2.1. Waterborne coatings market 3600 synopsis, 2017 –2024
2.1.1. Business trends
2.1.2. Application trends
2.1.3. Product trends
2.1.4. Regional trends
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Chapter 3. Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distribution channel analysis
3.4. Regulatory landscape
3.4.1. U.S.
3.4.2. Europe
3.4.3. China
3.5. Technology Landscape
3.6. Pricing analysis
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.2. Industry pitfalls & challenges
3.8. Innovation & sustainability
3.9. Growth potential analysis
3.9.1. Emerging business models
3.10. Porter's analysis
3.11. Competitive landscape, 2016
3.11.1. Strategic dashboard
3.12. PESTEL analysis
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