The global waterborne coatings market is estimated to grow at a significant CAGR during the forecast period. The growth in architectural and industrial applications particularly in residential and general industries is propelling the global waterborne coatings market. Waterborne coatings are employed in a various range of applications owing to their chemical characteristics and unique aesthetic properties. The requirements for acrylic waterborne coatings is high in the automotive, medical, automotive, general industrial and construction industries. The use of acrylic resin in coatings is continuously increasing in emerging economies, like China and India, due to the improving standard of living and growing demand for high-quality paints.
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The increasing demand for waterborne coatings from the organization, such as automotive, general industrial, marine, new construction, and remodel & repaint, is expected to propel the growth of the waterborne coating market in the region. Lenient environmental regulations regarding emission levels and lower taxes for manufacturers and growing income levels have resulted in the rise of the global waterborne coatings market.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Waterborne Coatings Market by Segment
By Type:
- Acrylic
- Polyester
- Alkyd
- Epoxy
- Polyurethane
- PTFE
- PVDF
- PVDC
- Others (amino acids, acrylic-epoxy, urethane-acrylic)
By Application:
- Architectural
- Residential
? New Construction
? Remodel & Repaint
- Non-Residential
- Industrial
- Automotive
- General Industrial
- Protective
- Wood
- Marine
- Packaging
- Coil
- Others (aerospace and rail)
Global Waterborne Coatings Market by Region:
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
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