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The Global Waterborne Coatings Market is expected to grow at a steady CAGR during the forecast period. The key factor responsible for increased demand for waterborne coatings is due to upsurge in the product requirement for numerous applications in end-user industries, mainly in residential sector. Additionally, rise in architectural applications is another major factor that is anticipated to bode well for the growth of the waterborne coatings market across the globe in the coming years. Moreover, escalating demand for environment friendly, non-toxic, less VOC green coatings is bolstering the market growth across the globe.Speak directly to the analyst to clarify any post sales queries you may have.
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The Global Waterborne Coatings Market is segmented based on resin type, application, region and company. Based on application, the market can be segmented into architectural, general metals, automotive and industrial. Out of which, the architectural segment dominated the market in terms of the largest market share until 2019 and is further anticipated to be the fastest-growing application segment in the waterborne coatings market during the forecast years as well. This growth can be accredited to the its special features including decorative as well as protective features. For instance, these architectural paints & coatings are widely used in decorative interiors like wall paintings, furniture, sculptures, wood flooring, among others. Along with that, such coatings help in building protection from extreme weather conditions such as sunlight, rain and wind. In addition to this, due to rise in awareness among consumers pertaining to environmental concerns, the leading manufacturers are focussing on technological modernizations in the coating industry in order to deliver the quality products that are of high quality, affordable and holds value-added features to meet the global trends.
Major players operating in the Global Waterborne Coatings Market include BASF SE, AkzoNobel N.V., PPG Industries Inc, RPM International Inc., The Sherwin-Williams Company, Asian Paints Limited, Axalta Coating Systems LLC, Nippon Paint Holdings Co. Ltd., Kansai Paint Co. Ltd, Jotun Group, Tikkurila OYJ. The companies operating in the waterborne coatings market across the globe are focussing more towards the expanding their share in the market. For instance, these key players are making organic strategies such as expansions, mergers and acquisitions, among others in order to make the industry highly competitive.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021–2025
Objective of the Study:
- To analyse and forecast the market size of the Global Waterborne Coatings Market.
- To classify and forecast the Global Waterborne Coatings Market based on resin type, application, company and regional distribution.
- To identify drivers and challenges for the Global Waterborne Coatings Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Waterborne Coatings Market.
- To conduct pricing analysis for the Global Waterborne Coatings Market.
- To identify and analyse the profile of leading players operating in the Global Waterborne Coatings Market.
The author performed both primary as well as exhaustive secondary research for this study. Initially, they sourced a list of manufacturers across the globe. Subsequently, they conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, they could include the manufacturers which could not be identified due to the limitations of secondary research. The author analyzed the new products, distribution channels and presence of all major players across the globe.
The author calculated the market size of the Global Waterborne Coatings Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. They sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Waterborne coatings manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to waterborne coatings
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Global Waterborne Coatings Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, By Resin Type:
- Acrylic
- Polyester
- Alkyd
- Epoxy
- Polyurethane
- Polytetrafluoroethylene (PTFE)
- Polyvinylidene Fluoride (PVDF)
- Polyvinylidene Chloride (PVDC)
- Others
Market, By Application:
- Architectural
- General Metals
- Automotive
- Industrial
Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape:
- Company Profiles: Detailed analysis of the major companies present in the Global Waterborne Coatings Market.
Available Customizations:
With the given market data, the author offers customizations according to a client’s specific needs.
Table of Contents
1. Product Overview2. Research Methodology3. Executive Summary4. Voice of Customer12. Market Trends & Developments15. Strategic Recommendations16. About Us and Disclaimer
5. Global Waterborne Coatings Market Outlook
6. North America Waterborne Coatings Market Outlook
7. Europe Waterborne Coatings Market Outlook
8. Asia-Pacific Waterborne Coatings Market Outlook
9. Middle East and Africa Printing Ink Market Outlook
10. South America Waterborne Coatings Market Outlook
11. Market Dynamics
13. Pricing Analysis
14. Competitive Landscape
Companies Mentioned
A selection of companies mentioned in this report includes:
- BASF SE
- AkzoNobel N.V.
- PPG Industries Inc
- RPM International Inc.
- The Sherwin-Williams Company
- Asian Paints Limited
- Axalta Coating Systems LLC
- Nippon Paint Holdings Co. Ltd.
- Kansai Paint Co. Ltd.
- Jotun Group
- Tikkurila OYJ