Waterborne Coatings Market to Show Tremendous Growth by 2026 | Leading Players - Hempel Group, Jotun, Kansai Paint Co.,Ltd., KCC CORPORATION, PPG Industries, Inc.

The Waterborne Coatings Market analysis report contains a skilful and deep analysis of the present situation and challenges. This business report focuses on the key drivers, restraints, market opportunities, threats and risks for market major players. It also makes available analysis of market size, shares, growth, segmentation, revenue projection (USD Mn), and regional study till 2026. The market research document offers a wide-ranging overview of the global Waterborne Coatings Market and contains thoughtful insights, facts, historical information, and statistically supported & industry-verified market data. This report comprises of forecasts that uses a suitable set of predictions and distinct research methodologies. Global Waterborne Coatings Market document helps identify the latest growths, market shares, and policies employed by the major market players.

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Market Analysis: Global Waterborne Coatings Market

Global waterborne coatings market is set to witness a substantial CAGR of 5.09% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Development in bio- based products and rising government support due to VOC emission are the factors for the growth of this market.

Key Market Competitors:

Few of the major competitors currently working in the global waterborne coatings market are Akzo Nobel N.V., Arkema, Axalta Coating Systems, BASF SE, Benjamin Moore & Co., Berger Paints India Limited, Hempel Group, Jotun, Kansai Paint Co.,Ltd., KCC CORPORATION, PPG Industries, Inc., The Sherwin-Williams Company, Sika AG, Covestro AG, Dow, Solvay, Silberline Manufacturing Co., Inc., Hexion, The Lubrizol Corporation, Eastman Chemical Company and others.

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Market Definition: Global Waterborne Coatings Market

Waterborne coatings are a surface treatment which usually uses water as a solvent so that they can spread the resin which is used for the manufacturing of coating or paints. They usually have low VOC content and are mainly used to make the painting and coating easy to apply. It is used in plastic and wood substrates. These coatings has the ability to provide high gloss, provide corrosion protection, have low toxicity & flammability, good pigmentation and provide resistance to heat and abrasion. They are widely used in applications such as automotive, architectural. Packaging, coil, wood and others.

Segmentation: Global Waterborne Coatings Market

Waterborne Coatings Market : By Type

Acrylic Coatings
Polyester Coatings
ALKYD Coatings
EPOXY Coatings
Polyurethane Coatings
PTFE Coatings
PVDF Coatings
PVDC Coatings
Others

Waterborne Coatings Market : By Application

Architectural
Automotive
General Industrial
Protective
Wood
Marine
Packaging
Coil
Others

Waterborne Coatings Market : By Geography

North America
South America
Europe
Asia-Pacific
Middle East and Africa

Key Developments in the Market:

In November 2018, Beckers Group announced the launch of their new waterborne basecoat Beckqua Color which is specially designed for mirror caps, door handles and bumpers. This new coating has excellent solid content and with smooth film surface and good hiding capability it will also improve the appearance

In October 2017, Axalta Coating Systems announced the addition of Tufcote Hydro 2.1 HG and Tufcote Hydro LV HG waterborne acrylic products to their industrial Tufcote product portfolio. These coatings can be used in the metal, wood and plastic surfaces of the hotels, hospitals, schools, libraries and others. They will also has the ability to provide better adhesion and gloss level

Waterborne Coatings Market Drivers:

Rising demand from building and construction industry will drive the market growth
Increasing adoption of low VOC, eco- friendly and non- hazardous coating will also accelerate the growth of this market
Growth in automotive industry will also enhance demand of this market
Rising infrastructure activities worldwide will also contribute as a factor for the growth of this market

Waterborne Coatings Market Restraints:

Availability of cheaper substitute in the market will restrain the market growth
Sensitivity of water- borne coating towards humidity will hamper the growth of the market
Complexity associated with the flow and viscosity control will also hinder the market growth

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