Waterborne Coatings Market Overview, Trends, Growth, Demand, Key Players Analysis and Forecast to 2031

Global Waterborne Coatings report from Global Insight Services is the single authoritative source of intelligence on Waterborne Coatings market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Waterborne coatings are those that are based on water as the carrier medium for the active ingredients. These coatings are typically thinner than solvent-borne coatings and have low VOCs. Waterborne coatings have a wide range of applications, including automotive, architectural, and industrial. They are typically more environmentally friendly than solvent-borne coatings and have superior durability and performance.

Key Trends
Some of the key trends in waterborne coatings technology include the development of more environmentally friendly products, the use of nanotechnology to improve performance, and the development of new formulations to address specific needs.

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Market Segments:
The Waterborne Coatings Market is segmented by resin type, application and region. By resin type the market is divided into acrylic, polyester, alkyd, epoxy and others. Based on application, it is divided into architectural and industrial. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the world.

Key Market Players:
The Waterborne Coatings Market includes players such as BASF SE, AkzoNobel N.V. , PPG Industries Inc. , RPM International Inc. , The Sherwin-Williams Company, Asian Paints Limited, Axalta Coating Systems LLC, Nippon Paint Holdings Co. Ltd. , Kansai Paint Co. Ltd. and Jotun Group.

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Key Drivers
The major drivers of this market are the stringent environmental regulations regarding the VOC emissions, and the increasing demand for eco-friendly coatings.

The waterborne coatings are low in VOC emissions as compared to the solvent-based coatings, and are thus preferred by the end-users

Moreover, these coatings provide better corrosion resistance and have superior durability as compared to the solvent-based coatings.

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