Waterborne Coatings Market Likely To Propel And Cross USD 78.24 Billion By 2021

04-Sep-2018 | Zion Market Research

The attendance of a huge number of major companies in the global waterborne coatings market turns the market more fragmented and competitive. Major players in the waterborne coatings market are AkzoNobel N.V., BASF SE, PPG Industries, Axalata Coating System LLC, Sherwin-Williams Company, The Valspar Corporation, and Nippon Paints Co. Ltd.

According to the analysts at Zion Market Research, global waterborne coatings market was capitalized at USD 58.39 Billion in 2015. The global waterborne coatings market is expected to cross USD 78.24 Billion in 2021 and is likely to develop at a CAGR of 5.0% from 2016 to 2021.

This review is based on a report by Zion Market Research, titled “Waterborne Coatings Market by Resin (Acrylic, Polyester, Alkyd, Epoxy, Polyurethane, PTFE, PVDF, and PVDC), for Architectural, Automotive, General Industrial, Protective, Wood, Marine, Packaging, Coil, and Other Applications - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021”- Report at https://www.zionmarketresearch.com/report/waterborne-coatings-market

Strict Regulations & Laws And Harmful Environment Effects Of Solvent-Made Coatings To Flourish The Development Of Waterborne Coatings Market

“In spite of the performance restrictions of waterborne coatings, the global waterborne coatings market is gaining traction due to harmful environment effects of solvent-made coatings and strict regulations & laws,” claims analysts at Zion Market Research. The global waterborne coatings market is experiencing new innovations and product developments such as the appearance of eco-friendly coatings. These coatings are heat and temperature resistant and appropriate for end-use sectors such as marine, architecture, automotive, and wood. Hence, the low requirement for solvent-free coatings is propelling the waterborne coatings market development via novel modernizations of coating product. On the other hand, rising acceptance of specially-developed spray guns with exclusive functionalities for applications in waterborne coating has led to low volume of coatings used, thereby hindering the growth of the waterborne coatings market.

Global Waterborne Coatings Market

However, various mergers and acquisitions by key market players is claimed to boost the development to the waterborne coatings market. For instance, in May 2017, Huntsman (for USD 14 Billion) amalgamated with Clariant. This merger makes a body that is 52% held controlled by Clariant. The new body intends to aim on more eco-friendly coatings, boosting the waterborne coatings market.

Based on resins, the global waterborne coatings market is classified into polyester, acrylic, epoxy, alkyd, PTFE, polyurethane, PVDC, PVDF, and others. Acrylic resins were the most controlling resin in global waterborne coatings market in 2015 adding up for almost 80% of total market volume.

Rising Infrastructure Activities To Preserve The Dominance Of Waterborne Coatings Market In Asia Pacific

Asia Pacific was the biggest region for waterborne coatings market in 2015 chased by Western Europe and North America. In addition to this, this trend is likely to sustain in the years to come. The waterborne coatings market growth in the area is majorly credited to rising infrastructure activities in China, India, and Indonesia. Nations such as China, the U.S., and Germany are the key regions for waterborne coatings market due to increasing income levels, rising requirement on the domestic front, and easy access to resources.

The global waterborne coatings market is segmented as follows:

By Resins

  • Acrylic
  • Polyester
  • Alkyd
  • Epoxy
  • Polyurethane
  • PTFE
  • PVDF
  • PVDC
  • Others

By Application

  • Architectural
  • Automotive
  • General Industrial
  • Protective
  • Wood
  • Marine
  • Packaging
  • Coil
  • Others

By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com

Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • paypal
  • amazon
  • visa
  • master card

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed