Waterbased Coatings Market Size, Share, Trends and Forecasts To 2024 Waterbased Coatings Market

Waterbased Coatings Market - Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast 2016 – 2024
Global Waterbased Coating Market: Overview
Water-based coatings are a type of coating which use water as a solvent. Water is employed as a dispersal
agent for resins to make them eco-friendly and easy to use. Water constitutes more than 75% of the
coatings with traces of other solvents like glycol ethers. Rising architectural activities and stringent
government regulation related to VOC content are the major drivers that drives the growth of water-
based coatings market. Asia Pacific dominates the water-based coatings market in terms of demand.
Countries such as China, India are expected to be the key consumers of water-based coatings. Volatility
in raw material prices and susceptibility to environmental conditions is anticipated to hamper the market
growth.
Acrylic water-based coatings is anticipated to be the major segment during the forecast period, however
polyurethane water-based coatings is expected to grow at highest CAGR compare to other resins type. In
terms of end-use, building & construction is projected to be the major segment for water-based coatings.
Automotive segment is also second most lucrative segment for water-based coatings market. Increasing
awareness and stringent government regulations related to VOCs content related to coatings is estimated
to offer major opportunities to the water-based coatings market in the next few years.
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Global Waterbased Coating Market: Scope of the Study
This report analyzes and forecasts the market for Water-based coatings market at the global and regional
level. The market has been forecast based on volume (Kilo tons) and revenue (US$ Mn) from 2016 to 2024,
considering 2015 as the base year. The study includes drivers and restraints of the global water-based
coatings market. It also covers impact of these drivers and restraints on demand for water-based coatings
market during the forecast period. The report also highlights opportunities in the water-based coatings
market at the global and regional level.
The report includes detailed value chain analysis, which provides a comprehensive view of the global
water-based coatings market. Porter’s Five Forces model for the water-based coatings market has also
been included to help understand the competitive landscape in the market. The study encompasses
market attractiveness analysis, where in resins and end-users are benchmarked based on their market
size, growth rate, and general attractiveness.
Global Waterbased Coating Market: Segmentation