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Water-Based Coatings Market Projections 2024-2030: From USD 74.29 Billion to USD 117.59 Billion

06-25-2024 12:16 PM CET | Chemicals & Materials

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD

Water-Based Coatings Market

Water-Based Coatings Market

๐„๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐ˆ๐ฆ๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ฏ๐ž๐ฌ ๐š๐ง๐ ๐‘๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ๐ฒ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž

A key catalyst propelling the adoption of water-based coatings is their eco-friendly profile. With stringent environmental regulations increasingly shaping industry standards, manufacturers are pivoting towards sustainable solutions. Water-based coatings offer significantly lower volatile organic compounds (VOCs) compared to solvent-based alternatives, aligning with global efforts to curb emissions and enhance air quality. This shift not only meets regulatory requirements but also addresses consumer preferences for environmentally responsible products.

๐–๐š๐ญ๐ž๐ซ-๐๐š๐ฌ๐ž๐ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž ๐จ๐ซ ๐ƒ๐ž๐œ๐ซ๐ž๐š๐ฌ๐ž ๐Ÿ๐จ๐ซ ๐ฐ๐ก๐š๐ญ ๐œ๐จ๐ง๐ญ๐š๐ข๐ง๐ฌ??

The versatility of water-based coatings positions them as a linchpin across multiple sectors. Industries such as automotive, building & construction, electronics, and medical devices leverage these coatings for their superior properties. In automotive manufacturing, for instance, water-based coatings are favored for their aesthetic appeal and durability, protecting vehicles against corrosion and wear. Similarly, in construction, these coatings shield architectural elements from the elements, ensuring longevity and aesthetic preservation.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐„๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž:

Water-Based Coatings Market was valued at USD 74.29 Bn in 2023 and is expected to reach at USD 117.59 Bn by 2030 at a CAGR of 6.78% over the forecast period 2024-2030.

๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž ๐“๐จ ๐†๐ž๐ญ ๐€ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐€๐ง๐ ๐‹๐ž๐š๐ซ๐ง ๐Œ๐จ๐ซ๐ž: https://www.maximizemarketresearch.com/request-sample/70038/

๐–๐š๐ญ๐ž๐ซ-๐๐š๐ฌ๐ž๐ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž
1. Water-Soluble Paints
2. Emulsions Paints
3. Water-Based Alkyds

๐›๐ฒ ๐‘๐ž๐ฌ๐ข๐ง ๐“๐ฒ๐ฉ๐ž
1. Acrylic
2. Polyurethane

๐›๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ๐ฌ
1. Building & Construction
2. Automotive
3. Electronics
4. Paper & Packaging
5. Others

๐“๐จ ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐ซ๐ž๐ ๐š๐ซ๐๐ข๐ง๐  ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฐ๐ž๐›๐ฉ๐š๐ ๐ž: https://www.maximizemarketresearch.com/request-sample/70038/

๐–๐š๐ญ๐ž๐ซ-๐๐š๐ฌ๐ž๐ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐œ๐ก ๐ซ๐ž๐ ๐ข๐จ๐ง๐ฌ??

Asia-Pacific (APAC) emerged as the dominant regional market in 2023, driven by robust automotive production in countries like China and India, alongside burgeoning infrastructure development and favorable governmental policies. North America and Europe follow suit, with North America benefiting from a thriving automotive sector and Europe witnessing increased demand spurred by building renovations and electronics applications.

๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐ฏ๐ž ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐ž๐ฌ ๐š๐ง๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ž๐ง๐ž๐ญ๐ซ๐š๐ญ๐ข๐จ๐ง

To maintain competitive edge, market players are embracing a spectrum of strategic initiatives. These include mergers, acquisitions, collaborations, and product innovations aimed at expanding regional footprint and enhancing product portfolios. Key stakeholders are not only consolidating their market positions but also driving technological advancements to meet evolving consumer demands for performance-driven coatings solutions.

๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐š๐ง๐ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

Looking ahead, the global water-based coatings market promises sustained growth driven by environmental consciousness, regulatory mandates, and expanding application scopes across industries. As stakeholders navigate this dynamic landscape, informed decisions rooted in comprehensive market insights will be pivotal in unlocking new growth avenues and reinforcing market leadership.

๐–๐š๐ญ๐ž๐ซ-๐๐š๐ฌ๐ž๐ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1. AkzoNobel N.V. (Netherlands)
2. Axalta Coating Systems (U.S.)
3. BASF SE (Germany)
4. Berger Paints India Limited (India),
5. Kansai Paint Co., Ltd. (Japan)
6. Nippon Paint Company Limited (Japan)
7. PPG Industries Inc. (U.S.)
8. Rpm International Inc. (U.S.)
9. The Sherwin-Williams Company (U.S.)
10. Asian paints (India)
11. The Valspar Corporation (U.S.)
12. Tikkurila Oyj (Finland)
13. EVONIK industries
14. Chenyang Waterborne Paint (China)
15. Jotun (Norway)
16. Sika AG (Switzerland)
17. Flint Group

๐–๐š๐ญ๐ž๐ซ-๐๐š๐ฌ๐ž๐ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐จ๐ฉ๐ž ๐š๐ง๐ ๐Œ๐ž๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:

The market research report ๐–๐š๐ญ๐ž๐ซ-๐๐š๐ฌ๐ž๐ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ market offers thorough information on significant aspects, such as those that are expected to propel the industry's growth and upcoming challenges. The competitive landscape of the business, the goods promoted by well-known brands, and the investment possibilities in the ๐–๐š๐ญ๐ž๐ซ-๐๐š๐ฌ๐ž๐ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ market will all be clearly understood by stakeholders. The study looks at both the qualitative and quantitative components of the industry. An exhaustive examination of the competitors in the ๐–๐š๐ญ๐ž๐ซ-๐๐š๐ฌ๐ž๐ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ market is one of the things the MMR probe looks into.

๐†๐ž๐ญ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๏ผšhttps://www.maximizemarketresearch.com/market-report/global-water-based-coatings-market/70038/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐–๐š๐ญ๐ž๐ซ-๐๐š๐ฌ๐ž๐ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

What is Water-Based Coatings ?
What will be the CAGR at which the Water-Based Coatings market will grow?
What is the growth rate of the Water-Based Coatings Market?
Which are the factors expected to drive the Water-Based Coatingsmarket growth?
What are the different segments of the Water-Based Coatings Market?
What growth strategies are the players considering to increase their presence in Water-Based Coatings?
What are the upcoming industry applications and trends for the Water-Based Coatings Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Water-Based Coatings Market?
Who are the leading companies and what are their portfolios in Water-Based Coatings Market?
What segments are covered in the Water-Based Coatings Market?
๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐จ๐ฎ๐ซ ๐ญ๐จ๐ฉ-๐ฉ๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐ข๐ง๐  ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Optometry/Eye Exam Equipment Market: https://www.maximizemarketresearch.com/market-report/optometry-eye-exam-equipment-market/1439/

โ™ฆ Laser Therapy Devices Market: https://www.maximizemarketresearch.com/market-report/laser-therapy-devices-market/168070/

โ™ฆ Power Inverter Market: https://www.maximizemarketresearch.com/market-report/power-inverter-market/168625/

โ™ฆ Global Indoor Location Market: https://www.maximizemarketresearch.com/market-report/global-indoor-location-market/3946/

โ™ฆ Global Thiochemical Market: https://www.maximizemarketresearch.com/market-report/global-thiochemical-market/34776/

โ™ฆ Global Metrology Software Market: https://www.maximizemarketresearch.com/market-report/global-metrology-software-market/77897/

โ™ฆ Global Omega 3 Ingredients Market: https://www.maximizemarketresearch.com/market-report/global-omega-3-ingredients-market/98545/

โ™ฆ Hospital Stretchers Market: https://www.maximizemarketresearch.com/market-report/hospital-stretchers-market/124605/

โ™ฆ battery monitoring system market: https://www.maximizemarketresearch.com/market-report/battery-monitoring-system-market/67843/

โ™ฆ Global Emergency Lighting Market: https://www.maximizemarketresearch.com/market-report/global-emergency-lighting-market/55598/

Contact Maximize Market Research:

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sales@maximizemarketresearch.com

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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