Press release
Acrylic Based Waterborne Coatings Market Competitive landscape By 2023
Acrylic based waterborne coating is a type of waterborne coatings which provides exceptional appearance and cost value; it is also environmental friendly and saves energy. Acrylic based waterborne coatings for engineering and industrial applications are gaining rapid attention. A large portion of it is applicable in architectural, automotive, wood, aerospace, marine, traffic coatings. Acrylic based water borne coating has an important advantage such as lower volatile organic compounds (VOCs), low odour, excellent durability that led to their growing usage over solvent based coating.
On the basis of region acrylic based waterborne coating market segmentation include its current and estimated demand in Asia Pacific, Europe, Latin America, North America, Middle East & Africa. Regionally, Asia Pacific is expected to be the fastest growing region within the forecast period owing to rising demand in automotive industry and increasing demand in the domestic front.
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Market Segmentation:
The global acrylic based waterborne coatings market is segmented on the basis of application, end use industry and region. Based on the application, market is segmented into construction material, architectural wood, metal packaging, protective coating and others. Based on end use industry, the market is categorized into buildings & construction, automotive, packaging, woodworking, general industry, aerospace & defense, marine and others. Based on region, this market is segmented into Asia Pacific, Europe, Latin America, North America, and Middle East & Africa.
Study Objectives:
• To provide detailed analysis of the market structure along with forecast for the next seven years of various segments and sub-segments of the global acrylic based waterborne coatings market.
• To understand the supply and demand dynamics including supply and consumption concentration mapping
• To provide region level market analysis and future outlook for regions like North America, Europe, Asia, and Latin America, Middle East & Africa, and their countries
• To provide competitor positioning of the market
• To provide company profiling of major players in the market along with their production and capacity
• To provide regional trade analysis
• To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market
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Competitive Analysis:
The prominent players operating in the acrylic based waterborne coatings market include
• BASF SE (Germany)
• The Dow Chemical Company (U.S.)
• AkzoNobel N.V (the Netherlands)
• Axalta Coating Systems LLC (U.S.)
• PPG Industries Inc. (U.S.)
• The Sherwin- Williams Company (U.S.)
• The Valspar Corporation (U.S.)
• DSM (The Netherlands)
• Lubrizol (U.S.)
• Arkema Group (France)
Intended Audience
• Acrylic based waterborne coatings manufacturers
• Traders and distributors of acrylic based waterborne coatings
• Production process industries
• Potential investors
• Raw material suppliers
• Nationalized laboratory
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Regional Analysis
Asia Pacific is set to witness exponential growth over the next seven years due to increasing demand from automotive and construction sector. Moreover the rising usage of acrylic based waterborne coating as compared to the solvent based coating helps to boost up the market. The regional market witnessed prolific growth in consumption of acrylic based waterborne coatings over the last few years. Growth in construction industry along with the rising awareness regarding environmental concerns and strict regulations are set to remain key driving factors for Asia Pacific market growth.
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Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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