Waterborne Coatings Market |Growing Key Players-The Sherwin-Williams Company, PPG Industries, Akzo Nobel N.V., RPM International

Global waterborne coatings market has been witnessing a linear growth, on the back of its diverse benefits and application areas. Waterborne coatings boast intrinsic properties such as rub resistance, high gloss, and anti-sealing effects, which makes them suitable as primers. Rampant adoption of waterborne coatings in acrylic industry for employing acrylic resins is one of the most dominant factors driving the growth of the waterborne coatings market.

Government across the world are legislating stringent regulations for the adoption of acrylic, owing to the health threat posed by the rising instances of volatile organic compounds (VOCs) emissions. This has positively triggered the growth of the waterborne coatings market.

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Rise in urbanization and industrialization have propelled the demand for waterborne coatings. Waterborne coatings have witnessed a spurring demand in construction activities, owing to urbanization. Furthermore, car manufacturers are adopting waterborne coatings, on the back of large-scale production of automotive. These insights are derived from a report titled, “Waterborne Coatings Market – Global Industry Analysis, Value, Share, Growth, Trends, and Forecast 2018 – 2026”, which is incorporated in the broad repository of Market Research Reports Search Engine (MRRSE).

Asia Pacific’s growing population rate is inducing the demand for construction activities. Infrastructural requirements in non-residential, residential, and commercial sectors in this region have reflected positively on the growth of the global waterborne coatings market. Analyzing a host of factors, the global waterborne coatings market is predicted to clock a striking CAGR of over 4% through 2026.

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The market study lends a qualitative and quantitative analysis of the global waterborne coatings market for the forecast period 2018 to 2026. The research delineates the opportunities, threats, restraints, and trends influencing the growth of the market. The waterborne coatings market report provides a holistic view of the value chain analysis. The market evaluation has been done in volume (kilo tons) and value (US$ Bn).

The detailed study encapsulates a thorough analysis of the market attractiveness by assessing the market value and market size. The market is segmented into end-user, region, and resin. An incisive view on the key findings of the market is included in the report. Brief analysis of Porter’s Five Forces underlines the key buyers and suppliers in the market.

The regions analyzed in the report comprise of North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa (MEA). The descriptive market study analyzes end-user segments and resin, in order to understand the regional market.

The leading companies profiled in this study includes The Sherwin-Williams Company, PPG Industries, Inc., Akzo Nobel N.V., RPM International Inc., BASF SE, Axalta Coating Systems Ltd., Kansai Paint Co., Ltd., Nippon Paint Holdings Co., Ltd., Altana AG, Hebei Chenyang Industry & Trade Group Co. Ltd., and SKK Pte. Ltd. The market study also includes company overview, recent developments, key developments, and SWOT analysis for each of these regions.

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