Press release
GLOBAL WATERBORNE ACRYLIC COATING MARKET RESEARCH REPORT FORECAST TO 2023 TOP KEY PLAYERS ARE The Dow Chemical Company, PPG Industries, BASF SE, DIC Corporation, DSM, Nippon Paints Limited and Axalta Coating Systems
Waterborne acrylic coatings use water as a solvent, which makes them eco-friendly and easy to apply to the substrate. They have an excellent adhesion and low toxicity & flammability and low VOC (Volatile Organic Compound) emission, act as an ideal primer, and possess good resistance to heat abrasion properties. Due to its aforementioned properties, coating is commonly used across an array of industries, namely building & construction, automotive, woodworking, and packaging among others. The building & construction industry, which contributes largest in the architectural sector accounted largest market share of 68.40% in 2016. The segment is anticipated to dominate its presence during the forecast period due to its array of application in the household and industrial construction ranging from interior and exterior wall coating, roofing, decorative and others.
Request For Free Sample- https://www.kennethresearch.com/sample-request-10042917
The building & construction segment is followed by automotive industry, woodworking and packaging industry. By application, waterborne acrylic coating as a construction material segment accounted largest market share and expected to grow at highest CAGR. The construction material segment is followed by architectural wood segment, the segment accounted the share of 10.2% in 2016. The other segments like automotive (OEM), metal packaging, automotive (MRO), protective coatings are expected to grow at low CAGR due to strong competition from solvent borne coating in these applications. According to MRFR analysis, global waterborne acrylic coating market was valued at USD 41.67 billion in 2016, expanding at a CAGR of 5.77% to reach USD 61.31 billion by the end of 2023, due to growing among the building & construction industry.FIGURE 1 GLOBAL WATERBORNE ACRYLIC COATING MARKET, BY APPLICATION, 2016 (%)
Source: MRFR Report
Regional Analysis
Regionally, the global waterborne acrylic coating market is segmented into Asia Pacific, Europe, North America, Middle East, and Latin America. Asia Pacific is the leading region in the market that accounted for more than half of the consumption. The regional market trend substantiating the growth of waterborne acrylic coatings includes, the huge infrastructural developments in the region that leads to a significant demand for waterborne acrylic coatings in the construction activities. Asia-Pacific market for waterborne acrylic coatings is divided into China, Japan, and India among other Asian and Oceania countries. Comparatively, China dominated the market for waterborne acrylic coatings over other countries in the region accounted 55.20% of the market share in 2016. A similar trend has been observed in other developing markets such as Latin America and Middle East & Africa due to boom in the architectural sector in the regions.North America accounted second largest market share regionally, and expected to grow at CAGR of 5.5%. US is the leading country in North America accounted more than three fourth of the market share in 2016 due to growing non-residential construction activities in the region. North America is followed by Europe accounted for 23.7% of the global market value share in 2016. Europe’s market is mainly driven by Germany, due to rising demand of low VOC and environmentally friendly coating in the country.
Segmentation
The global waterborne acrylic coating market is segmented on the basis of application, end user and region. On the basis of application, waterborne acrylic coating market is segmented into construction material, architectural wood, automotive OEM, automotive aftermarket, metal packing, and protective coatings among others. In terms of end user, the global waterborne acrylic coatings market is divided into building & construction, automotive, woodworking, packaging, and general industries among others. Based on regions, market is segmented into- North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Request For Customization- https://www.kennethresearch.com/customization-request-10042917
Key Players
The key players operating in the global waterborne acrylic coatings market are The Dow Chemical Company, PPG Industries, BASF SE, DIC Corporation, DSM, Nippon Paints Limited and Axalta Coating Systems among others.
Geographic Analysis
The report covers brief analysis of geographical region such as:
• North America
US
Canada
• Europe
Germany
France
Italy
Spain
U.K.
Russia
Rest of Europe
• APAC
China
India
Japan
Rest of Asia-Pacific
• Latin America
• Middle East & Africa
Key Findings
Global waterborne acrylic coatings market is projected to grow at CAGR of 5.77% to reach USD 61.3 million by 2023 end. Asia Pacific accounted for the largest share in terms of value and volume owing to the rapid urbanization coupled with infrastructural developments in the region. By application, the construction material is expected to grow at highest CAGR of 5.94% and accounted for the largest market share during the forecast period, followed by architectural wood segment. Similarly, building & construction accounted for the largest value share of 68.40% as an end use industry.
Intended Audience
• Waterborne Acrylic Coating manufacturers
• Traders and distributors of Waterborne Acrylic Coatings
• Production Process industries
• Potential investors
• Raw material suppliers
• Nationalized laboratory
DC –Description
• Latex paint
• Acrylic latex paint
• Acrylic house paint
• Exterior latex paint
• Acrylic coating
• Acrylic exterior paint
• Acrylic epoxy
• Acrylic emulsion paint
• Acrylic emulsion
• Water resistant paint
• Latex based paint
• Latex acrylic paint
• Water based acrylic paint
• Waterborne acrylic paint
• Acrylic enamel
• Acrylic water
• Acrylic latex
• Acrylic medium
Read More- https://www.kennethresearch.com/report-details/global-waterborne-acrylic-coating-market/10042917
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
Contact Us
1412 Broadway,
21st Floor Suite MA111,
New York, NY 10018
Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release GLOBAL WATERBORNE ACRYLIC COATING MARKET RESEARCH REPORT FORECAST TO 2023 TOP KEY PLAYERS ARE The Dow Chemical Company, PPG Industries, BASF SE, DIC Corporation, DSM, Nippon Paints Limited and Axalta Coating Systems here
News-ID: 1514003 • Views: …
More Releases from Kenneth Research
Global Cardiovascular Pharmaceuticals Market to be Propelled by Growing Investme …
Kenneth Research published a report titled "Cardiovascular Pharmaceuticals Market: Global Demand Analysis & Opportunity Outlook 2033" which delivers detailed overview of the global cardiovascular pharmaceuticals market in terms of market segmentation by drug class, distribution channel, indication and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with…
Global Family Office Market to be Propelled by Surging Number of New Businesses …
Kenneth Research published a report titled "Family Office Market: Global Demand Analysis & Opportunity Outlook 2031" which delivers detailed overview of the global family office market in terms of market segmentation by services, type, net worth managed, and by region.
Access Full Description: https://www.kennethresearch.com/report-details/family-office-market/10346745
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that…
Photomask Market Growth Analysis by Revenue, Size, Share, Scenario on Latest Tre …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Photomask Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which is…
Embedded Systems Market 2020 New Innovations Trends, Research, Global Share and …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Embedded Systems Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which…
More Releases for Acrylic
Acrylic Polymer Market
𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐚𝐜𝐫𝐲𝐥𝐢𝐜 𝐩𝐨𝐥𝐲𝐦𝐞𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐚𝐩𝐩𝐫𝐨𝐱𝐢𝐦𝐚𝐭𝐞𝐥𝐲 𝐔𝐒𝐃 𝟐𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟐 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐔𝐒𝐃 𝟑𝟔.𝟗 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐚𝐭 𝐚 𝐜𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐚𝐧𝐧𝐮𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡 𝐫𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟔.𝟒% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟑 𝐭𝐨 𝟐𝟎𝟑𝟐.
𝐀𝐜𝐫𝐲𝐥𝐢𝐜 𝐏𝐨𝐥𝐲𝐦𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰
The acrylic polymer market has experienced significant growth due to its versatile applications across various industries, including paints and coatings, adhesives, textiles, and construction. Acrylic polymers are favored for…
Application of acrylic cup
Application of acrylic cup
When buying an acrylic cup, you will consider many issues, such as whether the acrylic cup is more durable than cups made of other materials, whether its material is safe, how is its load-bearing capacity different from cups made of other materials, and whether it is easy to clean after use. Here are the answers to these questions[ https://acryliccup.com/ ]
Durable acrylic cup
Acrylic cups are indeed more durable…
Acrylic cup with straw
Acrylic cup with straw
Acrylic cup with straw is convenient, but the sealing of the lid of the acrylic cup with straw becomes one of our most concerned issues when we need to carry it out. Acrylic cup with straw with poor sealing will leak. However, the sealing of acrylic cup with straw of good quality adopts high-quality silicone sealing design, which can effectively prevent liquid from spilling. In addition, the…
Global Acrylic Coating Additives Market
To stand apart from the competition, a careful idea about the competitive landscape, their product range, their strategies, and future prospects is very important. This Acrylic Coating Additives Market research report also contains a comprehensive study of the product specifications, revenue, cost, price, gross capacity and production. Acrylic Coating Additives Market industry research report is a verified and consistent source of information that puts forth a telescopic view of the…
Acrylic Sheets Market 2019 by | Donchamp, Jumei, Jiushixing, Guang Shun Plastic, …
“Poly(methyl methacrylate) (PMMA), also known as acrylic or acrylic glass as well as by the trade names Plexiglas, Acrylite, Lucite, and Perspex among several others (see below), is a transparent thermoplastic often used in sheet form as a lightweight or shatter-resistant alternative to glass.”
Acrylic Sheets Market research report peaks the detailed analysis of industry share, growth factors, development trends, size, majors manufacturers and 2024 forecast. The report also analyses innovative…
Acrylic Acid Copolymer Market Report 2018: Segmentation by Type (Ethylene/Acryli …
Global Acrylic Acid Copolymer market research report provides company profile for Lyondellbasell, Michelman, NIPPON SHOKUBAI, Shandong Taihe Water Treatment, Zouping Dongfang Chemical, DuPont, DOW (SK), Exxonmobil, Honeywell and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to…
