Water-Borne Protective Coatings Markets Awaits a Promising Outlook on the Back of Regulatory Restrictions Around VOC Emissions

The global sustainability drive has been playing a large role in driving demand for water-borne protective coatings. Fairfield Market Research in its latest report on global water-borne protective coatings market suggests that the market will predominantly benefit from the growing stringency of regulatory guidelines that eye safeguarding the human health, and surrounding air quality. Regulations regarding the use of environmentally safe coating agents to slash volatile organic compound (VOC) emissions are likely to place water-borne protective coatings ahead of their conventional solvent-based counterparts, thereby fuelling the growth of global market.

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High Suitability for Industrial Applications to Boost Sales of Water-Borne Protective Coatings

While water-borne coatings are increasingly being perceived as an environmentally sustainable solution to the traditional solvent-based coatings, their significant role in reducing the risks of explosion, as well as shunning the waste removal costs at industrial levels further make them suitable for industrial applications. Complex application process, high price point, additional investments in spray equipment, a variable flow rate, and a perceived performance gap when compared to traditional solvent-based counterparts will however remain the key challenges facing rapid expansion of the market.

A Host of Functional Attributes Continue to Place Acrylic Based Resins Atop

A substantial boost is expected in acrylic based resins that have been a major revenue contributor to water-borne protective coatings market. Acrylic resins typically offer superior resistance to hydrolysis and weather in addition to imparting an optimum colour and gloss retention for external applications. Growing demand for efficient UV resistance, and transparency will further uphold sales of acrylic based resins. Sustained uptake for applications like roof coatings, walls and decks, marine vessels, and electrical products and machinery is expected to uplift the prospects of water-borne protective coatings market in future.

Asia Pacific Turns Lucrative, China Holds a Volley of Opportunities in Market

Although at a moderate pace, the market for water-borne protective coatings in developing Asian economies will remain at the forefront, suggest the initial research findings. A broad range of industrial application areas, including automotive, construction, painting, and marine remain the key consumer segments generating sizeable demand for water-borne protective coatings. While this trend has been prominent across China, India, South Korea, Malaysia, Vietnam, and Indonesia, China is more likely to be in the bandwagon on account of the thriving low-cost commercial housing in the country. China's transforming transportation industry that has been garnering investors over the recent past will also act as an important factor boosting demand for water-borne protective coatings.

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Key Competitors in Global Water-Borne Protective Coatings Market Landscape

The report would throw light on the competitive information in its competition analysis section. Some of the major companies in water-borne protective coatings market would be subject to a detailed strategic and financial analysis, which include leading names like DOW Chemicals, AkzoNobel N.V., Arkema Group, PPG industries, Jotun Group, The Sherwin-Williams Company, and Axalta Coating Systems.

Global Water-Borne Protective Coatings Market is Segmented as Below:

By Resin Type
• Acrylic
• Polyester
• Alkyd
• Epoxy
• Polyurethane
• Polytetrafluoroethylene
• Polyvinylidene Fluoride
• Polyvinylidene Chloride
• Others

By Application
• Architectural
o Residential
o Non-residential
• Industrial
o Automotive
o General Industrial
o Protective
o Wood
o Marine
o Packaging
o Coil
o Others

By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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