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Waterborne Coatings Market - Global Industry Analysis

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

Published Date: 20-Oct-2016 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-267 Status : Published

Global waterborne coatings market is expected to reach USD 78.24 billion in 2021 and growing at a CAGR of 5.0% between 2016 and 2021.

Description

The report covers forecast and analysis for the waterborne coatings market on a worldwide, regional and country level. The study provides historic information of 2015 together with a forecast from 2016 to 2021 supported each volume (kilo tons) and revenue (USD billion). The entire study covers the key drivers and restraints for the waterborne coatings market. It also provides the impact of the market within the forecast period. Moreover, the report also includes the study of opportunities accessible within the waterborne coatings market on a global level.

In order to offer the users of this report a comprehensive read on the waterborne coatings market, we've got enclosed the detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the waterborne coatings market has additionally been enclosed within the study. The study encompasses a market attractiveness analysis, whereby application segments area unit benchmarked supported their market size, rate, and general attractiveness.

The report also covers the market share of the key vendor’s operative in the respective market across the world. Additionally, report coated the strategic development together with acquisitions & mergers, new resins launch, agreements, partnerships, collaborations and joint ventures and resins & regional growth of major participants concerned within the market on the international and regional basis. Additionally, it covers the product portfolio and patent analysis (2011-2016) divided into a patent trend, patent share by company and patent analysis in accordance with the region.

The study provides a crucial view on the waterborne coatings market by segmenting the market based on its segmentation. The segmentation included resins, applications, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2015 to 2021. Based on resins, the global waterborne coatings included in this study are acrylic, polyester, alkyd, epoxy, polyurethane, PTFE, PVDF, and PVDC. The key applications, the global waterborne coatings market is bifurcated into architectural, automotive, general industrial, protective, wood, marine, packaging, coil, and other applications. Moreover, the regional segmentation includes the major countries and regions such as Europe, North America, Latin America, Asia-Pacific, and the Middle East & Africa.

The study provides the detailed company profiles of the global market along with the exhaustive description of players that includes constraints such as company overview, financials, recent developments and the strategy of the company. Thus, some of the key manufacturers included in the study are BASF SE, AkzoNobel N.V., Axalata Coating System LLC, PPG Industries, The Valspar Corporation, Sherwin-Williams Company, and Nippon Paints Co. Ltd.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

This report segments the global waterborne coatings market as follows:

Waterborne Coatings Market: Resins Analysis

  • Acrylic
  • Polyester
  • Alkyd
  • Epoxy
  • Polyurethane
  • PTFE (Polytetrafluoroethylene)
  • PVDF (Polyvinylidene fluoride)
  • PVDC (Polyvinylidene chloride)

Waterborne Coatings Market: Application Analysis

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

Waterborne Coatings Market: Region Analysis

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global waterborne coatings market, 2015 - 2021, (USD Billion)
    • 2.2. Waterborne coatings: Market snapshot
  • Chapter 3. Waterborne Coatings Market: Industry Analysis
    • 3.1. Waterborne coatings: Market dynamics
    • 3.2. Market Drivers
      • 3.2.1. Increasing demand for waterborne coatings in architectural industry
      • 3.2.2. Rising automobile industry
    • 3.3. Restraints
      • 3.3.1. Extreme foam formation during production, handling and transportation
    • 3.4. Opportunity
      • 3.4.1. Increasing research and development investments
    • 3.5. Porter’s Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by resins
      • 3.6.2. Market attractiveness analysis by application
      • 3.6.3. Market attractiveness analysis by region
  • Chapter 4. Global Waterborne Coatings Market: Competitive Landscape
    • 4.1. Company Market Share Analysis
      • 4.1.1. Global waterborne coatings market: company market share, 2015
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Resins Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Resins and Regional Expansion
    • 4.3. Product Portfolio
  • Chapter 5. Global Waterborne Coatings Market: Resins Overview
    • 5.1. Global waterborne coatings market share, by resins, 2015 and 2021
    • 5.2. Acrylic
      • 5.2.1. Global acrylic waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
    • 5.3. Polyester
      • 5.3.1. Global polyester waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
    • 5.4. Alkyd
      • 5.4.1. Global alkyd waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
    • 5.5. Epoxy
      • 5.5.1. Global epoxy waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
    • 5.6. Polyurethane
      • 5.6.1. Global polyurethane waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
    • 5.7. PTFE
      • 5.7.1. Global PTFE waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
    • 5.8. PVDF
      • 5.8.1. Global PVDF waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
    • 5.9. PVDC
      • 5.9.1. Global PVDC waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
    • 5.10. Others
      • 5.10.1. Global other waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
  • Chapter 6. Global Waterborne Coatings Market: Application Overview
    • 6.1. Global waterborne coatings market share, by application, 2015 and 2021
    • 6.2. Architectural
      • 6.2.1. Global waterborne coatings market for architectural, 2015 - 2021 (Kilo Tons)(USD Billion)
    • 6.3. Automotive
      • 6.3.1. Global waterborne coatings market for automotive, 2015 - 2021 (Kilo Tons)(USD Billion)
    • 6.4. General Industrial
      • 6.4.1. Global waterborne coatings market for general industrial, 2015 - 2021 (Kilo Tons)(USD Billion)
    • 6.5. Protective
      • 6.5.1. Global waterborne coatings market for protective, 2015 - 2021 (Kilo Tons)(USD Billion)
    • 6.6. Wood
      • 6.6.1. Global waterborne coatings market for wood, 2015 - 2021 (Kilo Tons)(USD Billion)
    • 6.7. Marine
      • 6.7.1. Global waterborne coatings market for marine, 2015 - 2021 (Kilo Tons)(USD Billion)
    • 6.8. Packaging
      • 6.8.1. Global waterborne coatings market for packaging, 2015 - 2021 (Kilo Tons)(USD Billion)
    • 6.9. Coil
      • 6.9.1. Global waterborne coatings market for coil, 2015 - 2021 (Kilo Tons)(USD Billion)
    • 6.10. Others
      • 6.10.1. Global waterborne coatings market for other applications, 2015 – 2021 (Kilo Tons) (USD Billion)
  • Chapter 7. Global Waterborne Coatings Market: Regional Analysis
    • 7.1. Global waterborne coatings market: Regional overview
      • 7.1.1. Global waterborne coatings market share, by region, 2015 and 2021
    • 7.2. North America
      • 7.2.1. North America waterborne coatings market volume, by resins, 2015 – 2021 (Kilo Tons)
      • 7.2.2. North America waterborne coatings market revenue, by resins, 2015 – 2021 (USD Billion)
      • 7.2.3. North America waterborne coatings market volume, by application, 2015 – 2021 (Kilo Tons)
      • 7.2.4. North America waterborne coatings market revenue, by application, 2015 – 2021 (USD Billion)
    • 7.3. Europe
      • 7.3.1. Europe waterborne coatings market volume, by resins, 2015 – 2021 (Kilo Tons)
      • 7.3.2. Europe waterborne coatings market revenue, by resins, 2015 – 2021 (USD Billion)
      • 7.3.3. Europe waterborne coatings market volume, by application, 2015 – 2021 (Kilo Tons)
      • 7.3.4. Europe waterborne coatings market revenue, by application, 2015 – 2021 (USD Billion)
    • 7.4. Asia Pacific
      • 7.4.1. Asia-Pacific waterborne coatings market volume, by resins, 2015 – 2021 (Kilo Tons)
      • 7.4.2. Asia-Pacific waterborne coatings market revenue, by resins, 2015 – 2021 (USD Billion)
      • 7.4.3. Asia-Pacific waterborne coatings market volume, by application, 2015 – 2021 (Kilo Tons)
      • 7.4.4. Asia-Pacific waterborne coatings market revenue, by application, 2015 – 2021 (USD Billion)
    • 7.5. Latin America
      • 7.5.1. Latin America waterborne coatings market volume, by resins, 2015 – 2021 (Kilo Tons)
      • 7.5.2. Latin America waterborne coatings market revenue, by resins, 2015 – 2021 (USD Billion)
      • 7.5.3. Latin America waterborne coatings market volume, by application, 2015 – 2021 (Kilo Tons)
      • 7.5.4. Latin America waterborne coatings market revenue, by application, 2015 – 2021 (USD Billion)
    • 7.6. Middle East & Africa
      • 7.6.1. Middle East & Africa waterborne coatings market volume, by resins, 2015 – 2021 (Kilo Tons)
      • 7.6.2. Middle East & Africa waterborne coatings market revenue, by resins, 2015 – 2021 (USD Billion)
      • 7.6.3. Middle East & Africa waterborne coatings market volume, by application, 2015 – 2021 (Kilo Tons)
      • 7.6.4. Middle East & Africa waterborne coatings market revenue, by application, 2015 – 2021 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. BASF SE
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Resins portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Akzo Nobel N.V.
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Resins portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Axalata Coating System LLC
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Resins portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. PPG Industries
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Resins portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. The Valspar Corporation
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Resins portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Sherwin-Williams Company
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Resins portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Nippon Paints Co. Ltd.
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Resins portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments

List of Figures

1. Global waterborne coatings market segmentation by resins, application, and geography
2. Global waterborne coatings market, 2015 - 2021 (USD Billion)
3. Value chain analysis: Waterborne coatings market
4. Porter’s five forces analysis: Waterborne coatings market
5. Market attractiveness analysis by resins 
6. Market attractiveness analysis by application 
7. Market attractiveness analysis by region 
8. Global waterborne coatings market : Company market share, 2015 
9. Global waterborne coatings market share, by resins, 2015 -2021
10. Global acrylic waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
11. Global polyester waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
12. Global alkyd waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
13. Global epoxy waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
14. Global polyurethane waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
15. Global PTFE waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
16. Global PVDF waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
17. Global PVDC waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
18. Global other waterborne coatings market, 2015 - 2021 (Kilo Tons)(USD Billion)
19. Global waterborne coatings market share, by application, 2015 -2021
20. Global waterborne coatings market for architectural, 2015 - 2021 (Kilo Tons)(USD Billion)
21. Global waterborne coatings market for automotive, 2015 - 2021 (Kilo Tons)(USD Billion)l
22. Global waterborne coatings market for general industrial, 2015 - 2021 (Kilo Tons)(USD Billion)
23. Global waterborne coatings market for protective, 2015 - 2021 (Kilo Tons)(USD Billion)
24. Global waterborne coatings market for wood, 2015 - 2021 (Kilo Tons)(USD Billion)
25. Global waterborne coatings market for marine, 2015 - 2021 (Kilo Tons)(USD Billion)
26. Global waterborne coatings market for packaging, 2015 - 2021 (Kilo Tons)(USD Billion)
27. Global waterborne coatings market for coil, 2015 - 2021 (Kilo Tons)(USD Billion)
28. Global waterborne coatings market for other applications, 2015 – 2021 (Kilo Tons) (USD Billion)
29. Global waterborne coatings market share, by region, 2015 - 2021
30. North America waterborne coatings market, 2015 - 2021, (Kilo Tons) (USD Billion)
31. Europe waterborne coatings market, 2015 - 2021, (Kilo Tons) (USD Billion)
32. Asia Pacific waterborne coatings market, 2015 – 2021, (Kilo Tons) (USD Billion)
33. Latin America waterborne coatings market, 2015-2021, (Kilo Tons) (USD Billion)
34. Middle East & Africa waterborne coatings market, 2015 - 2021, (Kilo Tons) (USD Billion)


List of Tables

1. Global waterborne coatings market snapshot
2. Drivers for waterborne coatings market: Impact analysis
3. Restraints of waterborne coatings market: Impact analysis
4. North America waterborne coatings market volume, by resins, 2015 – 2021 (Kilo Tons)
5. North America waterborne coatings market revenue, by resins, 2015 – 2021 (USD Billion)
6. North America waterborne coatings market volume, by application, 2015 – 2021 (Kilo Tons)
7. North America waterborne coatings market revenue, by application, 2015 – 2021 (USD Billion)
8. Europe waterborne coatings market volume, by resins, 2015 – 2021 (Kilo Tons)
9. Europe waterborne coatings market revenue, by resins, 2015 – 2021 (USD Billion)
10. Europe waterborne coatings market volume, by application, 2015 – 2021 (Kilo Tons)
11. Europe waterborne coatings market revenue, by application, 2015 – 2021 (USD Billion)
12. Asia-Pacific waterborne coatings market volume, by resins, 2015 – 2021 (Kilo Tons)
13. Asia-Pacific waterborne coatings market revenue, by resins, 2015 – 2021 (USD Billion)
14. Asia-Pacific waterborne coatings market volume, by application, 2015 – 2021 (Kilo Tons)
15. Asia-Pacific waterborne coatings market revenue, by application, 2015 – 2021 (USD Billion)
16. Latin America waterborne coatings market volume, by resins, 2015 – 2021 (Kilo Tons)
17. Latin America waterborne coatings market revenue, by resins, 2015 – 2021 (USD Billion)
18. Latin America waterborne coatings market volume, by application, 2015 – 2021 (Kilo Tons)
19. Latin America waterborne coatings market revenue, by application, 2015 – 2021 (USD Billion)
20. Middle East & Africa waterborne coatings market volume, by resins, 2015 – 2021 (Kilo Tons)
21. Middle East & Africa waterborne coatings market revenue, by resins, 2015 – 2021 (USD Billion)
22. Middle East & Africa waterborne coatings market volume, by application, 2015 – 2021 (Kilo Tons)
23. Middle East & Africa waterborne coatings market revenue, by application, 2015 – 2021 (USD Billion)

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Waterborne Coatings market. Zion Research has collected and analyzed key data belong to the global Waterborne Coatings market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Waterborne Coatings across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Waterborne Coatings industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Waterborne Coatings market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Water-borne coatings utilize water as a solvent, which makes them eco-friendly and easy to apply. Waterborne coatings generally include around 80% of water with least amount of other solvents such as glycol ethers. Water borne coatings are presently available for various different applications such as wood coatings, furniture coatings, wood coatings, printing inks and plastic coatings. Waterborne coatings provide products with an individual and steady performance advantage. These coatings deliver a corrosion resistance with excellent fade resistance, strong color retention, and superior adhesion. They are fully compliant with all EPA regulations. They are non-hazardous, non-toxic, and non-flammable.

The global market for waterborne coatings is expected to grow at a significant rate due to growing demand from architectural applications. Strict government rules and regulations in order to decrease volatile organic compounds (VOC) releases coupled with solvent based coatings are likely to impel the market growth. Rising automobile industry in emerging countries such as India, China, Thailand, Indonesia, and Mexico is expected to prompt the demand for waterborne coatings within the forecast period. Furthermore, increasing demand from end-use industries such as wood, coil, marine, metal packaging, and electronics is expected to significantly increase demand in the forecast period.  However, extreme foam formation during production, handling and transportation may hamper the market growth in near future. Increasing research and development investment to develop new production technology and proper use of anti-foaming agents is expected to open lucrative opportunities for the manufacturers operating in this market.

Global Waterborne Coatings Market

Global waterborne coatings market has been segmented based on the basis of resin, application, and region. On the basis of resin, waterborne coatings market is classified into acrylic, polyester, alkyd, epoxy, polyurethane, PTFE, PVDF, PVDC and others. The acrylic segment accounted for largest share of the market in 2015 due to their low production cost. These types of resins are extensively used in automotive and architectural applications. Polyurethane resins segment is expected to exhibit considerable growth rate in the coming years due to its wide use in high-quality finishes in outdoor and indoor applications.

On the basis of applications, waterborne coatings market is segmented into architectural, automotive, general industrial, protective, wood, marine, packaging, coil, and other applications. Architectural was the largest application segment in 2015 and is expected to maintain its dominance within the forecast period. The architectural application segment includes all lacquers and vanishes used to decorate & protect window frames, external & internal frames, and doors.

The market has been geographically segmented into Asia-Pacific, North America, Europe, Asia-Pacific, Latin America and Middle-East and Africa. In 2015, Asia-Pacific region was the leading market for waterborne coatings. The countries such as India, China, and Japan are expected to lead the waterborne coatings market in the Asia Pacific owing to high demand from end-use industries. The demand for waterborne coatings is comparatively low in the Latin America and MEA region. The stringent regulations regarding VOC emission in the developing country in this region have considerably hindered the growth of this market.

The waterborne coatings market is highly competitive with the presence of many small and big key market players, such as BASF SE, AkzoNobel N.V., Axalata Coating System LLC, PPG Industries, The Valspar Corporation, Sherwin-Williams Company, and Nippon Paints Co. Ltd.

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