Waterborne Coatings Market report studied the assessment of worldwide data, competitive analysis, industry players, and their scope. Also analysis the tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis. The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, and forecast regions.
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The rising demand for eco-friendly coatings due to growing environmental concerns is primarily propelling the growth of the waterborne coatings market. Key players are developing innovative and more eco-friendly coatings which are again contributing to the growth of the market. For instance, in September 2020, PPG announced that its automotive refinish business in China launched a new waterborne coating system consisting of an epoxy primer, primer surfacer, and clearcoat. The system complies with new environmental and volatile organic compound (VOC) standards in China. Robust growth in the construction sector due to increasing investment by the government is also fostering the growth of the market. Moreover, rapid urbanization and industrialization are further expected to augment the growth of the waterborne coatings market. Waterborne coatings are usually prepared by combining resins and solvents. Some common solvents used are zinc oxide, calcium carbonate, magnesium stearate, iron phosphate, zinc phosphate, and calcium thioglycolate. Zinc oxide, calcium carbonate, magnesium stearate, and iron phosphate are sometimes combined with a water carrier, such as Ethylenediamine, to make aqueous formulations. The Asia Pacific is expected to hold a dominant position in the global waterborne coatings market due to rapid urbanization in the region. According to the World Bank Group, East Asia and the Pacific is the world's most rapidly urbanizing region, with an average annual urbanization rate of 3 percent. By 2018, half of the region's population will be urban – more than 1.2 billion people in all, or one-third of the world's urban population. Key Developments: In September 2020, BASF’s Coatings division launched its new, most advanced refinish product line. The innovative formulation optimizes the processing properties for fast and efficient application and enables spray painters to produce highly efficient and at the same time environmentally friendly refinishing results In March 2020, Dow has launched two new products - a silicone resin emulsion and a defoamer additive - that provide simpler formulation and higher temperature resistance for waterbased industrial coatings In March 2021, Evonik introduces a new fine-grade matting agent from the ACEMATT® product group. EXP 8018-1 is a new wax-treated, precipitated silica matting agent in the portfolio of the Coating Additives business line. In December 2020, Jotun has launched its Jotacote Universal S120 primer to the global market after three years of success in the North East Asian and West European markets. Jotacote Universal S120 is the world’s first PSPC approved single-coat, solvent-free system
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Table of Contents
- Research Objectives and Assumptions
- Market Purview
- Market Dynamics, Regulations, and Trends Analysis
- Global Waterborne Coatings Market – Impact of Coronavirus (Covid-19) Pandemic
- Global Waterborne Coatings Market, By Price Range, 2017 - 2027 (US$ Million)
- Global Waterborne Coatings Market, By Operating System, 2017 - 2027 (US$ Million)
- Global Waterborne Coatings Market, By Region, 2017- 2027 (US$ Million)
- Section
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2016-2027) of the following regions are covered:
North America (Canada, Mexico)
Europe (UK, France, Italy)
Asia-Pacific (China, Japan)
South America (Brazil, Argentina)
Middle East and Africa
Key questions answered in this report:
Which players hold the significant Waterborne Coatings market share and why?
What strategies are the Waterborne Coatings market players forming to gain a competitive edge?
Why region is expected to lead the global Waterborne Coatings market?
What factors are negatively affecting the Waterborne Coatings market growth?
What will be the value of the global Waterborne Coatings market by the end of 2027?
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Research Methodology
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
- Primary Research (Trade Surveys and Experts Interviews)
- Desk Research
- Proprietor Data Analytics Model
