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Waterbased Coatings Market
REPORT DESCRIPTION
Waterbased Coatings Market (Resin - Acrylic (Styrene Acrylic),
Formaldehyde, Polyurethane, Alkyds, Epoxy, and Fluoropolymers;
End User - Building and Construction, Automotive (Automotive OEM
and Automotive Refinish), Furniture, Electronics, Marine, and
Aerospace, Paper and Printing) - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2016 – 2024
The global water-based coatings market has been witnessing considerable
transformation, says Transparency Market Research (TMR). During 2015, the top three
market players, Akzo Nobel, PPG Industries, and Sherwin Williams together accounted for
a share of nearly 55% in the global water-based coatings market. A large number of
vendors are focusing on the adoption of business strategies such as acquisitions,
collaborations, partnerships, and mergers in order to achieve a strong foothold in the
worldwide market. Some vendors are also extending their production capacities. For
instance, in April 2017, Flint Group announced the completion of its new production site in
Germany, where a number of new formulations and specialty coatings will be made
available.
The global water-based coatings market was valued at US$46.1 bn during 2015. By the
end of the forecast period, the market will have attained a revenue worth US$80.3 bn,
expanding at a profitable CAGR of 6.40% between 2016 and 2024.
Obtain Report Details @ http://www.transparencymarketresearch.com/waterbased-
coatings-market.html
Asia Pacific Claims Largest Share in Global Water-based Coatings Market
By end-use industries, the building and construction segment surfaced at the fore,
achieving more than 58% of the global water-based coatings market. The growth of the
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Transparency Market Research