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Water Borne Coatings Market is Anticipated to Expand upto $153.43 Billion in 2029

09-04-2025 09:45 AM CET | Chemicals & Materials

Press release from: The Business Research Company

Water Borne Coatings

Water Borne Coatings

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What Is the Forecasted Market Growth Rate of the Water Borne Coatings Industry?
The size of the water borne coatings market has been expanding consistently in the past few years. Projected growth shows it increasing from $119.77 billion in 2024 to $124.79 billion in 2025 with a compound annual growth rate (CAGR) of 4.2%. The historical growth of the market can be linked to consumers' preference for environmentally friendly products, the prominence of health and safety issues, applications in architecture, as well as the automotive and transportation industry.

How Will the Water Borne Coatings Market Size Evolve From 2025 to 2029?
The market size for water borne coatings is anticipated to experience robust expansion in the foroming years, escalating to a value of $153.43 billion in 2029 with a compound annual growth rate (CAGR) of 5.3%. The projected growth during the forecast period can be credited to factors such as the advancement in renewable energy infrastructure, improvements in infrastructure and construction, evolution of material technologies, development of smart coatings, and specific applications. The major trends expected during this prediction period encompass bio-based waterborne coatings, integration of nanotechnology, sustainability certificates, and high-end formulations.

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What Are the Main Growth Drivers in the Water Borne Coatings Market Today?
The demand for water-borne coatings is swiftly increasing in several sectors including automotive, construction, and manufacturing. These coatings are extensively utilized in printing inks, the automotive OEM sector, plastics, and various other manufacturing industries. As a result, the expansion in these end-user industries is projected to propel the waterborne coatings market.

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Which Water Borne Coatings Market Segment Is Expected to Lead Through 2029?
The water borne coatings market covered in this report is segmented -

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

Subsegments:
1) By Acrylic: Water-Based Acrylic Coatings, Acrylic Emulsions, Acrylic Resins
2) By Epoxy: Water-Based Epoxy Coatings, Waterborne Epoxy-Ester Coatings
3) By Polyurethane: Waterborne Polyurethane Coatings, Aliphatic Waterborne Polyurethane Coatings, Aromatic Waterborne Polyurethane Coatings
4) By Polyester: Waterborne Polyester Coatings, Polyester Resins For Waterborne Applications
5) By Alkyd: Water-Based Alkyd Coatings, Modified Alkyd Coatings (Long Oil, Short Oil)
6) By Polyvinylidene Chloride (PVDC): PVDC Waterborne Coatings For Food Packaging, PVDC Latex Coatings
7) By Polyvinylidene Fluoride (PVDF): Waterborne PVDF Coatings For Industrial Applications, PVDF-Based Architectural Coatings
8) By Other Types: Silane-Based Coatings, Silicone-Based Coatings, Hybrid Coatings

Which Market Trends Are Expected to Dominate Water Borne Coatings Industry Growth?
Companies are embracing the use of smart coatings and advanced coating technologies to improve the efficiency of coating compounds. Nanocoatings fall under the umbrella of smart coatings and are recognized for their extraordinarily small particles and impressive features such as adaptability, corrosion resistance, and the ability to resist micro-bacterial expansion. The high-performance features of Fluoropolymer coating, known for its durability and cost-effectiveness, are particularly notable.

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Which Companies Hold the Largest Market Share in the Water Borne Coatings Sector?
Major companies operating in the water borne coatings market include AkzoNobel NV, BASF SE, Axalta Coating Systems Ltd., Berger Paints Ltd., Kansai Paint Co. Ltd., Nippon Paint Holdings Company Ltd., PPG Industries Inc., RPM International Inc., Sherwin-Williams Company, The Valspar Corporation, Tikkurila Oyj, Asian Paints Ltd., Benjamin Moore & Co., Jotun A/S, Chenyang Waterborne Paint, Sika AG, Hempel A/S, Shalimar Paints Limited, S K Kaken Co. Ltd, Beckers Group, Dunn-Edwards Corporation, Diamond Vogel Paint Company, Kelly-Moore Paints, Vista Paint Corporation, Indigo Paints Pvt. Ltd., Arkema Group, Carboline Company, Chugoku Marine Paints Ltd., Cloverdale Paint Inc., Diamond Vogel Inc., Masco Corporation, Rust-Oleum Corporation, Sakata Inx Corporation, Tnemec Company Inc.

Where Is the Water Borne Coatings Market Experiencing the Highest Growth?
Asia-Pacific was the largest region in the water-borne coatings market in 2024. Western Europe was the second-largest region in the global water-borne coatings market analysis. The regions covered in the water borne coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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