Water-borne Coatings Market Enhancement and Growth Factor Detailed For Business Development 2020- AkzoNobel, Arkema SA, Asian Paints Limited, Axalta Coating Systems, BASF SE, Benjamin Moore & Co

Water-borne Coatings Market Precise Outlook 2020-2023 is complete guide for the new entrants in the industry; the report provides the market history of every product ever retailed by the company. It also provides history of the product types, sales, volume, technology, during the forecast period. The growth rate challenges and barriers are also explained in the Water-borne Coatings Market research report. The report shades light on the development rate of the strategies. Products and technologies used in the production, manufacturing and marketing of the report.

The global water-borne coatings market registered a value of USD 67,741.43 million, in 2017. It is expected to witness a CAGR of 4.61% during the forecast period, 2018 to 2023. The architectural & decorative segment is expected to be the largest segment, followed by automotive, during the forecast period.

The water-borne coatings use water as a solvent to disperse a resin which makes it eco-friendly and easy to apply. A general water-borne coating contains up to 80% water with small quantities of other solvents. These coatings are also known to be environment-friendly, as US and European regulations require water-borne coatings to have a VOC content of less than 3.5 pounds per gallon of water.

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The prominent players in the Global Water-borne Coatings market are:

AkzoNobel, Arkema SA, Asian Paints Limited, Axalta Coating Systems, BASF SE, Benjamin Moore & Co, Berger Paints India Limited, DowDuPont, Hempel, Jotun, Kansai Paint Co., Ltd., KCC Corporation, Masco Corporation, Nippon Paint Holdings Co., Ltd., PPG Industries, RPM International Inc., Shawcor, The Sherwin-Williams Company, Sika, Tikkurila

Top of FormMarket Segmentation by Region:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Global, Germany, France, UK, Italy, Russia, Rest of Global, Central & South America

Increasing Demand for Building & Construction

The demand for building & construction industry is mainly due to the rapid urbanization in Asia-Pacific. In China, the housing authorities of Hong Kong have launched various measures to push-start the construction of low-cost housing. The authorities have projected the capital expenditure in construction to be HKD 23,923 million, in its proposed budget for 2018-19, i.e. 7% higher than the budget allotted for the FY2017, in order to construct more affordable flats. Moreover, the North American region has also witnessed growth in the new construction activities. The new residential construction, in terms of annual rate for housing units started in United States, recorded growth of 6.34% in 2016 when compared to that of 2015. In the first 10 months of 2017, the new residential construction recorded a growth of 2.43% when compared to the same time period in 2016. This increase, in construction activities, is expected to drive the demand for water-borne coatings across the globe.

Pure Acrylic Resin based Coatings to Witness the Fastest Growth

The pure acrylic resins contain only acrylic monomers, on which different functionalization can be present. The pure acrylic has outstanding properties, including weather stability and durability. They also show excellent water, aging, and yellowing resistance. The demand for these resins is expected to witness growth in the Asia-Pacific, North American and European regions for construction and automotive industry.

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Key Developments in the Market

July 2017: PPG to acquire coatings application service provider The Crown Group, a US based coatings application services business, from High Road Capital Partners, and Charter Oak Capital Partners

June 2017: Hempel established a new R&D facility solely focused on passive fire protection (PFP) coatings near Barcelona, Spain. The center is likely to be fully functional by the end of 2018

Furthermore, Global Water-borne Coatings Market following points are involved along with a detailed study of each point: –

– Global Water-borne Coatings Market Overview, Drivers, Restraints and Opportunities, Segmentation overview

– Global Water-borne Coatings Market competition by Manufacturers (2020-2023)

– Production and Consumption by Regions

– Complete profiling and analysis of Manufacturers (2020-2023)

– Manufacturing cost analysis, Materials analysis, Region-wise manufacturing expenses

– Industrial Chain, Sourcing Strategy and Downstream Buyers

– Marketing Strategy Analysis, Distributors/Traders

– Global Water-borne Coatings Market Effect Factors Analysis (2020-2023)

– Global Water-borne Coatings Market Forecast (2020-2023)

– Global Water-borne Coatings Market Research Findings and Conclusion

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyses key emerging trends and their impact on present and future development.

The research includes historic data from 2015 to 2020, and forecast to 2023 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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About US

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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