Water-based resin market is predicted to thrive at a CAGR of 6.88% over the period 2018-2024

Knowledge Sourcing Intelligence announces the publication of a new report on "Water Based Resin Market- Forecasts from 2019 to 2024" to their offering. Water-based resin is used as a solvent as they disperse a resin. They are environment-friendly and offer better chemical and physical resistance. The market is growing due to environmental regulations regarding VOC emissions.

This report provides forecast and analysis of the water-based resin market which is estimated to surge US$39.261.054Million by 2024. Waterborne resins use water as a solvent to disperse a resin, thus making these resins environmental friendly and low in toxicity and flammability. Water-based resins are the primary constituents of Latex-based paints and any water-reducible coatings or paints as they completely dissolve in water and other solvents. Water-based resins offer better chemical and physical resistance ensuring a longer lifespan of the material they are applied to. The water-based resin market is segmented by product, livestock, source, form, and geography. By product, the market is segmented into Acrylic Resin, Alkyd Resin, Epoxy Resin, Polyurethanes, and others. By application,the market is segmented into Adhesive and sealants, Ink, paints & coatings, and others. Geographically water-based resin market is segmented as North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. Asia Pacific region is expected to drive the water-based resin market due to the environmental concerns along with the increasing preference of environmental-friendly methods and the growing number of end-users in the region. China is expected to see growth in the water-based resin market due to stringent government regulations for permissible amounts of Volatile Organic Compounds (VOC) leading to an increase in demand for water-based resin in the market.

Some of the major players covered as part of the report BASF SE, DIC Corporation, ALLNEX NETHERLANDS B.V., Aditya Birla Group, ADEKA CORPORATION, Huntsman International LLC, Arkema, Hexion Inc., The Lubrizol Corporation, DSM, among others.

This report segmented the Water Based Resin market on the basis following terms:
o By Product Type
o Acrylic Resin
o Alkyd Resin
o Epoxy Resin
o Polyurethanes
o Others

o By Application
o Adhesives and Sealants
o Inks
o Paints & Coatings
o Others

o By Geography
o North America
o United States
o Canada
o Mexico

o South America
o Brazil
o Argentina
o Others

o Europe
o Germany
o France
o UK
o Spain
o Others

o Middle East and Africa
o Israel
o Saudi Arabia
o Others

o Asia Pacific
o China
o Japan
o South Korea
o India
o Others

Purchase complete report or request sample:https://www.knowledge-sourcing.com/report/water-based-resins-market

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on the niche and latest technologies. We engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

This release was published on openPR.