Million Insights
Market Research Released A New Research Report On Global Waterborne Coatings
Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share
Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The
Market, Comprehensively Analyzing Their Core Competencies, And Drawing A
Competitive Landscape For The Market.
Pune, India - Waterborne Coatings Market size is
estimated to reach USD 146.11 billion by 2022 and is anticipated to grow
substantially owing to infrastructure development in commercial and residential
sector. Demand for waterborne coatings was the highest from the global
architectural industry for various applications such as floor finishes, wood
vanishes, and facade paints.
Growing demand for eco-friendly, non-hazardous and low
Volatile Organic Compounds (VOC) are expected to drive demand for these
products. Owing to presence of stringent regulations in the U.S. and European
region for these products, VOC content is one of the major issue for the
manufacturers.
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The major application of this market includes general
industries, automotive OEM, architectural, protective coatings, automotive
refinish, and industrial (which includes metal furniture, automotive
components, and HVAC). Architectural is the largest application segment and is
expected to dominate the industry over the forecast period. Application of
coatings in this segment are lacquers and vanishes, for decoration and
protection of door and window frames.
Steel and aluminum industries are showing interest in coil
coatings, further driving the market globally. Recently the market has been
diversified for marine, wood, packaging and general industries as well.
Regional Insights:
Europe has emerged as the largest regional market in 2014
and is anticipated to grow moderately over the forecast period. Increasing
demand in this region is particularly for growing demand for the automotive
finishes and architectural anticipates.
Owing to rapid constructional development in emerging
countries of Asia-Pacific and The Middle East, the market is expected to create
lucrative opportunities for the industry participants over the forecast period.
Competitive Market
Share Insights:
The global market is highly competitive with many industrial
participants in U.S., Europe, Asia-pacific and The Middle East. Key market
players are BASF, Axalta, Berger Paints India Ltd, Akzo Nobel NV, The
Sherwin-Williams Company, The Valspar Corporation, and Nippon Paint Holdings
Company Ltd.
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Report visit @ https://www.millioninsights.com/industry-reports/waterborne-coatings-market
Market Segment:
Resin Outlook (Volume, Kilo Tons; Revenue, USD Million; 2012 - 2022)
• Acrylic
• Polyurethane
• Epoxy
• Alkyd
• Polyester
• Others
Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2012 -
2022)
• Architectural
• General Industrial
• Automotive OEM
• Other
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