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Water Borne Coatings Market Growth, Trends, Drivers - Global Market Analysis And Forecast (2023 - 2032)
Water Borne Coatings Global Market
Water Borne Coatings Market Size, Growth Rate, And Forecast
The global water borne coatings market size will grow from $107.98 billion in 2022 to $114.8 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global water borne coatings market size is expected to grow from $142.61 billion in 2027 at a CAGR of 5.6%.
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Water Borne Coatings Market Drivers
There is a rapid growth in the consumption of water-borne coatings in many industries, such as automotive, construction, and manufacturing. Water-borne coatings are widely used in printing inks, in the automotive OEM sector, plastics, and other manufacturing industries. Therefore, growth in end-user industries is expected to drive the market for waterborne coatings.
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Water Borne Coatings Market Segments
1) By Type: Acrylic, Epoxy, Polyurethane, Polyester, Alkyd, Polyvinylidene Chloride (PVDC), Polyvinylidene Fluoride (PVDF), Other Types
2) By Application: Appliances, Automotive, Architectural, Marine, Packaging, Wood, General industrial
3) By End Userr Industry: Bilding and Construction, Automotive, Industrial, Wood, Other End-User Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacifc was the largest region in the Water Borne Coatings market.
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Water Borne Coatings Market Key Players
Major competitors in the Water Borne Coatings market include BASF SE, Axalta Coating Systems LLC., Berger Paints India Ltd., Kansai Paint Co. Ltd., Nippon Paint Holdings Company Ltd
The Table Of Content For The Water Borne Coatings Market Include:
1. Executive Summary
2. Water Borne Coatings Market Characteristics
3. Water Borne Coatings Market Trends And Strategies
4. Water Borne Coatings Market - Macro Economic Scenario
5. Water Borne Coatings Market Size And Growth
……
27. Water Borne Coatings Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Water Borne Coatings Market
29. Water Borne Coatings Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Water Borne Coatings Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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