Press release
Aqueous Coating System Market, Industry & Landscape Outlook, Revenue Growth Analysis to 2026
The global Aqueous Coating System Market is expected to reach USD 89.72 Billion by 2026, according to a new report by Reports and Data. Aqueous coating is majorly fueled by the growing demand for construction and emergence of new buildings in both developed and developing countries. Electronics, automotive and paper printing industry also play a part in the boosting of the market. Construction and building industry hold a larger market share followed closely by the automotive industry.Market Overview:
Increasing consumer inclination towards sustainability and thus considering products based on criteria such as circularity and carbon footprint is expected to change materials and chemical market trends during in the coming years. The growing consumer concern about carbon emissions has prompted industry players to make investment in renewable energy, de-carbonization of transportation, and energy efficiency. These trends are expected to have a significant impact end markets for chemicals, notably in construction and automotive.
Increasing focus of the materials and chemical companies on adoption of de-carbonization technologies, re-examination of their assets, and diversification away from hydrocarbons to some extent will favor global Colloidal Microcrystalline Cellulose market growth during the forecast period.
Competitive Landscape:
The report provides an extensive assessment of the prominent companies operating in the materials and chemical industry to offer better insights into competition scenario on a regional and global level.
Rise in competition in the global market has led to increasing innovation and technological advancement in the materials and chemical sector to meet the rising demand of environmentally conscious consumers. Industry players in the Colloidal Microcrystalline Cellulose market are adopting the strategy of forward integration to cater increasing product demand, while adapting to the sustainability trends and to expand their in the global market
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Key participants include Kompac, Prisco, AkzoNobel, PPG, Sherwin Williams, Henkel, Sika, RPM International, Valspar, BASF Coatings, Kansai Paints, Asian Paints, and Dulux Group among others.
Further key findings from the report suggest
Aqueous coating is a clear fast-drying coating generally used on printed products.
Aqueous coating is preferred not only due to environmental concerns, but it also provides substantial scruff-resistance.
Paper and printing industry occupies a large share of 34% altogether. Aqueous coating is common among them as it not only gives a gloss over the paper but also brings down cot economically.
Textile finishing sector is estimated to grow at the highest annual growth rate of 10.3%. The growing demand for coating in textiles to finish the product and improve the quality has grown over the years.
The automobile sector has also shown an interest in the aqueous coatings. Vehicles are painted and then coated for protection and long-lasting This sector is forecasted to generate a revenue of USD 9.87 Billion in the year 2026.
The emergence of new building and construction of infrastructure has risen in these years, and for long lasting effect, new architect prefers aqueous coating for beautification and protection from dust.
Electronics is a booming market, and aqueous coat is a popular demand in these devices. It holds a market share of 16% in the year 2018 and has an annual growth rate of 4% during the forecast period.
Maintenance of old historic building is also underway across the globe, and aqueous coat is utilized for them. 14% of the market share belongs to infrastructure in 2018, and the market share is forecasted to grow and occupy a share of 16% in 2026.
Advancement in technologically has resulted in innovations like paint and primer combo, one-coat-hide, and high energy efficient coatings. Paint manufacturers are the one's manufacturing and promoting the aqueous coats and are forecasted to hold a market share of 32% in 2026.
Players in the market are making increased investment in R&D along with various strategic alliances to be in the competition and this, in turn, will propel the market growth.
To identify the key trends in the industry, click on the link below:
https://www.reportsanddata.com/report-detail/aqueous-coating-system-market
For the purpose of this report, Reports and Data have segmented global Aqueous Coating systems market on the basis of Coating System, Chemical Structures, Application, Viscosity, and Region:
Coating Systems Outlook (Revenue, USD Million; 2018-2026)
Binder System
Hybrid Systems
Water-Soluble Systems
Baking Systems
Two-Component PU systems
Two-Component epoxy systems
Chemical Structures Outlook (Revenue, USD Million; 2018-2026)
Mineral Oil Defoamers
Silicone Defoamers
Silicone-free Polymer Defoamers
Application Outlook (Revenue, USD Million; 2018-2026)
Glass fiber sizing
Plastic coating
Building and Construction
Textile finishing
Vehicle painting
Paper and Printing Industry
Electronics
Viscosity Outlook (Revenue, USD Million; 2018-2026)
Glass Bottles Organic Rheology Additive
Urea based Additive
Polyamide based Additive
Liquid Associative thickeners
Natural Phyllosilicates
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Regional Outlook (Revenue, USD Million; 2018-2026)
North America
U.S.
Europe
Germany
UK
Asia Pacific
China
India
South-east Asia
Latin America
Brazil
MEA
Explore Reports and Data's Prime Analysis of the global Materials and Chemicals Industry:
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