Business Industry Reports Waterbased Coatings Market
Waterbased Coatings Market is
Projected to Rise by US$ 70983 Mn –
Forecast to 2023
New report on: “Global Waterbased Coatings Market 2019-2023”. The report
provides the newest industry data and industry future trends. The industry
report lists the leading competitors and provides the insights strategic
industry Analysis of the key factors influencing the market.
This Report covers the Major Players data, including: shipment, revenue, gross profit, interview
record, business distribution etc., these data help the consumer know about the competitors better.
This report also covers all the regions and countries of the world, which shows a regional
development status, including market size.
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Waterbased Coatings market size to maintain the average annual growth rate of 6.54% from 42398
million $ in 2014 to 51278 million $ in 2017, market analysts believe that in the next few years,
Waterbased Coatings market size will be further expanded, we expect that by 2023, The market size
of the Waterbased Coatings will reach 70983 million $.
Various segments into which the water-based coatings market is divided are building & construction,
automotive, furniture, marine, electronics, paper & printing, and others. Of them, building &
construction segment is the highly lucrative end-use segment; the segment is anticipated to remain
lucrative in the years ahead too.
Growing construction activities with China and India touted as key construction hub in Asia Pacific
are indirectly benefitting the water-based coatings market.
Geographically APAC is the largest market for waterborne coatings, both in terms of volume and
value, followed by North America and Western Europe. Due to increasing demand on the domestic
front, increasing income levels, and easy access to resources, Asia-Pacific has emerged as the leading
market of waterborne coatings.