Know About Water-Borne Coatings Market Growth Scenario and Market Perspective with Study of Top Players & Revenue to Significant Growth Forecasts By 2024

Polyacrylate, polyvinyl ethers, or polyurethane resins are incorporated as binders in water-borne coatings. Such coatings are used for enclosed areas and do not cause any harmful emissions. Usage of water as a solvent makes them environment-friendly as compared to other coating systems such as solvent-borne coatings or powder coatings. In water-borne coatings, Volatile Organic Compounds (VOCs) are present in fewer quantities thereby, producing less atmospheric emissions. Additionally, they possess good resistance to heat and abrasion. These factors led to significant growth of water-borne coatings market over the past few years.

Browse a overview of this report @ https://www.psmarketresearch.com/market-analysis/water-borne-coatings-market

Water-borne polyurethane coatings are based on polyurethane, water and resins including pre-polymer, adduct, biuret and an aliphatic isocyanurate. Water-borne epoxy coatings have epoxy and water as a film forming agent including epoxy or acrylic hybrids. Water-borne alkyd coatings have alkyd and water as a film forming agent including resins such as polyhydric alcohol, polybasic acid, fatty acid and water.

The global water-borne coatings market is expected to witness robust growth during the forecast period owing to the growing environmental concerns and increasing awareness among consumers. By resin, acrylic resin segment is projected to witness significant growth due to low production cost, thereby finding application in automotive and infrastructure sectors. Architectural is expected to be the largest application segment while automotive segment is expected to be the fastest growing application segment in global water-borne coatings market during the forecast period owing to growing automotive industry in the developing regions.

Get a free sample copy of this report @ https://www.psmarketresearch.com/market-analysis/water-borne-coatings-market/report-sample

Enforcement of government regulations against emission of Volatile Organic Compounds (VOCs) from coatings has been a key driver for the growth of the global water-borne market. Water-borne coatings have VOC content below the permissible levels that emits less emissions into the atmosphere. Additionally, the water-borne coatings are environmentally-neutral and provide harder coatings which are more weather-resistant. They also have greater durability and less odor.

Key players in the global water-borne coatings market include Akzo Nobel N.V., Asian Paints Ltd., Nippon Mektron, Ltd., PPG Industries, Inc., The Sherwin-Williams Company, The Valspar Corporation, Axalta Coating Systems, Benjamin Moore & Co., Berger Paints India Limited, and BASF SE.

About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

This release was published on openPR.