Steel and aluminum industries are showing interest in coil coatings, further driving the market globally. Recently
the market has been diversified for marine, wood, packaging and general industries as well.
Regional Insights:
Europe has emerged as the largest regional market in 2014 and is anticipated to grow moderately over the
forecast period. Increasing demand in this region is particularly for growing demand for the automotive finishes
and architectural anticipates.
Owing to rapid constructional development in emerging countries of Asia-Pacific and The Middle East, the
market is expected to create lucrative opportunities for the industry participants over the forecast period.
Competitive Market Share Insights:
The global market is highly competitive with many industrial participants in U.S., Europe, Asia-pacific and The
Middle East. Key market players are BASF, Axalta, Berger Paints India Ltd, Akzo Nobel NV, The Sherwin-Williams
Company, The Valspar Corporation, and Nippon Paint Holdings Company Ltd.
Asian Paints Limited, Hempel A/S, Masco Corporation, Meffert AG Farbwerke, Kansai Paint Co., Ltd., Diamond
Vogel, Brillux GmbH & Co, DAW Caparol, Tikkurila Oyj are the other market participants in the industry.
BASF offers the wide range of application including household paints, coil coatings, powder coatings, road
marking coatings, architectural finishes, pigment pastes, and paints for vehicles, machinery, & non-ferrous
materials.
Market Segment:
Global Waterborne Coatings Resin Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
• Acrylic
• Polyurethane (PU)
• Epoxy
• Alkyd
• Polyester
• Polytetrafluoroethylene (PTFE)
• Polyvinylidene Chloride (PVDC)
• Polyvinylidene Floride (PVDF)
• Others