Press release
Waterborne Coatings Market Forecasted to Reach USD 97.38 Billion By 2032 with a CAGR of 5.4%
๐๐๐ญ๐๐ซ๐๐จ๐ซ๐ง๐ ๐๐จ๐๐ญ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญThe global waterborne coatings market was valued at USD 60.87 billion in 2023 and is anticipated to grow to USD 97.38 billion by 2032, exhibiting a CAGR of 5.4% during the forecast period from 2024 to 2032.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/waterborne-coatings-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Waterborne coatings are layers made by emulsifying the pigments, binder, and additives with water. Single-component emulsion coatings are used to create films through solvent evaporation. This type of coating's binder is commonly made up of acrylic, vinyl, and styrene copolymers.
Single-component waterborne coatings are typically employed as cosmetic topcoats over other types of coatings and are not intended for immersion service. Waterborne coatings are environmentally pleasant exterior therapies that employ water as a solvent to spread the resin used to make the coating or paint. Water accounts for 80% of the solvent utilized. It seeks to make the coating or paint easier to apply while still being eco-friendly. Waterborne coatings are extensively used because they contain low-volatile organic chemicals.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
โ Changing consumer purchasing habits, combined with a demand for eco-friendly paints and coatings, have boosted the waterborne coatings market growth. However, the trend to continue replacing solvent-based coatings varies by region and regulation.
โ Rising construction investment in Asia Pacific and the Middle East, as well as the use of these materials in new constructions, are key development drivers for the global market. Growing manufacturing of automotive OEMs/products is also a driving force in the waterborne industry.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/266/2
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
The global market comprises of considerable number of global and domestic players and is positively competitive. Here is the list of the leading companies operating in the market:
โข PPG Industries Inc.
โข AkzoNobel NV
โข BASF
โข Sherwin Williams
โข Valspar Corporation
โข Hempel
โข Jotun Group
โข and Axalta Coatings
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The waterborne coatings market is mainly segmented by resin, end-use, and region. According to end-user research, the architectural segment is the most common application for these products due to the building industry's rapid growth. Automotive waterborne coatings are one of the fastest-expanding categories. Furthermore, the study predicts that polyurethane-based aqueous coatings would expand at the highest rate due to polyurethane's superior properties.
๐๐๐๐๐ฌ๐ฌ ๐๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ, ๐ก๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/waterborne-coatings-market
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
The market has wide scope in almost all the regions of the world with Asia Pacific as the fastest growing regional player. China, India, Japan, and South Korea are significant contributors for this regional growth. North America and Europe are the mature waterborne coating markets with an average growth rate slower than Asia Pacific in the near future.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Transformer Oil Market: https://www.polarismarketresearch.com/industry-analysis/transformer-oil-market
Paint Protection Films Market: https://www.polarismarketresearch.com/industry-analysis/paint-protection-film-market
Recycled PET Flakes Market: https://www.polarismarketresearch.com/industry-analysis/recycled-pet-flakes-market
Cryocooler Market: https://www.polarismarketresearch.com/industry-analysis/cryocooler-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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