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Water Borne Coatings Market 2023 - Industry Insights, New Trends, Growth, And Forecast To 2032
Water Borne Coatings Market
The Business Research Company's Water Borne Coatings Global Market Report 2023 identifies 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.
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 market size of the water borne coatings is expected to grow from $142.61 billion in 2027 at a CAGR of 5.6%.
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Major competitors in the water borne coatings market are BASF SE, Axalta Coating Systems LLC., Berger Paints India Ltd., Kansai Paint Co. Ltd., Nippon Paint Holdings Company Ltd., PPG Industries Inc., RPM International Inc., The Sherwin-Williams Company, The Valspar Corporation, and Tikkurila Oyj.
Smart coatings and high-performance coating technologies are being adopted by companies to enhance the efficiencies of coating compounds. Nanocoatings are a type of smart coating that has extremely tiny particles and unique characteristics such as flexibility, resistance to corrosion, and micro-bacterial growth. Fluoropolymer coating is known for its high-performance properties such as durability and cost-efficiency.
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The water borne coatings market is segmented -
• By Type: Acrylic, Epoxy, Polyurethane, Polyester, Alkyd, Polyvinylidene Chloride (PVDC), Polyvinylidene Fluoride (PVDF), Other Types
• By Application: Appliances, Automotive, Architectural, Marine, Packaging, Wood, General industrial
• 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-Pacific was the largest region in the water borne coatings market.
The Business Research Company's "Global Water Borne Coatings Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Water Borne Coatings Market Include:
1. Water Borne Coatings Market Executive Summary
2. Water Borne Coatings Market Segments
3. Water Borne Coatings Market Size And Water Borne Coatings Market Growth Rate
4. Key Water Borne Coatings Market Trends
5. Major Water Borne Coatings Market Drivers
……
25. Key Mergers And Acquisitions In The Water Borne Coatings Market
26. Top Water Borne Coatings Companies
27. Water Borne Coatings Market Opportunities And Strategies
28. Water Borne Coatings Market, Conclusions And Recommendations
29. Appendix
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