Report
Description
Report Description
Waterborne automobile coating products are the future of automotive coatings. All
automotive paint manufacturers are working on this technology and have already realized
the necessity and importance of waterborne products into both the OEM and refinished
automotive coatings markets. The transition from solvent-based coatings, such as urethanes,
to waterborne is quickly taking place in the automotive industry. Waterborne coatings use
water as a solvent to dissolve a resin, thus making these automotive coatings eco-friendly
and easy to apply. In most of the cases, waterborne automotive coatings contain more than
75% of water with small quantities of other solvents such as ethers. Waterborne automotive
coating are known to be environment friendly and also possess good resistance to heat and
abrasion. To use a waterborne coating, a spray equipment designed for waterborne coating is
usually preferred.
Global Waterborne Automotive Coatings Market:Drivers & Restraints:
Increasing demand for waterborne coatings owing to its ability to protect automobiles
against UV radiation, acid rain and bad weather is expected to drive the global waterborne
automotive coating market. Moreover, growing automotive production in Asia-Pacific
coupled with rising middleclass income is anticipated to fuel market growth over the forecast
period. Surging waterborne coatings demand on account of increasing accidents and aging of
vehicles is expected to augment the market demand over the forecast period. Rising
consumption of waterborne automotive coatings on account of their excellent chemical and
physical properties such as low temperature processing, high chemical resistance and solvent
free preparations is anticipated to drive automotive coatings demand. Waterborne
automotive coatings are replacing solvent borne coatings owing to their cost advantage and