Global Water-Based Resins Market Size, Competitive Analysis, Share, Forecast- 2019-2025

The water-based resins market is projected to grow at a considerable CAGR of around 6% during the forecast period. The global water-based resin market is growing rapidly owing to the increasing application of these chemicals in the construction, packaging and textile industry. The water-based resins are the resins that use water as a solvent to disperse a resin. As this resin uses water as a solvent this resin is environmentally friendly and low in toxicity and flammability. The water-based resins find its applications in various industrial applications such as adhesives, inks, paints, coatings, and so on.
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The stringent government regulations across the globe also play a significant growth factor for the growth of the global water-based resins market. The most common type of water-based resin is acrylic which has a significant impact on various industries which includes adhesives, paints, and coatings. The rising number of industrial applications of water-based resins in paints, coatings, paper, and textile tends to drive the market share of water-based resins market. Water-based resins paintings and coatings are flame resistant which provides safety to the structure to which it has been applied.
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Growing manufacturers and consumer awareness with regard to the adverse effects of volatile organic compound (VOC) emissions present in most solvent-based products along with the government stringent regulations towards effects of VOC on the environment has led to the increasing demand for the water-based resins, which in turn driving the water-based resin market. The high cost of the water-based resins and comparatively lower performance of these resins in comparison to the solvent-based resins is one of the key factors that may restrain the growth of the water-based resin market
Market Segmentation
Global Water-Based Resins Market by Type
• Acrylic
• Epoxy
• Polyurethane
• Alkyd
• Others
Global Water-Based Resins Market by Application
• Paints & Coatings
• Adhesive & Sealants
• Ink
• Others
Regional Analysis
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• Alfa Adhesives, Inc.
• ALLNEX Netherlands B.V.
• Arkema Group
• BASF SE
• Celanese Corp.
• Covestro AG
• DIC Corp.
• Eastman Chemical Co.
• Gellner Industrial, LLC
• Henkel AG & Company, KGaA
• Hexion Specialty Chemicals, Inc.
• Kraton Corp.
• Lanxess AG
• OMNOVA Solutions, Inc.
• Organic Dyes & Pigments LLC
• Reichhold, LLC
• Solvay S.A.
• Specialty Polymers, Inc.
• The Dow Chemical Co.
• The Lubrizol Corp. (A Division of Berkshire Hathaway)
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Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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