The water borne coatings global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Water Borne Coatings Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The water borne coatings market size has grown strongly in recent years. It will grow from $114.2 billion in 2023 to $121.47 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to consumer demand for eco-friendly products, health and safety concerns, architectural applications, automotive and transportation sector.
The water borne coatings market size is expected to see strong growth in the next few years. It will grow to $152.73 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to renewable energy infrastructure, infrastructure and construction expansion, advanced material technologies, smart coatings and specialty applications. Major trends in the forecast period include bio-based waterborne coatings, high-performance formulations, nanotechnology integration, sustainability certifications.
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Scope Of Water Borne Coatings Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Water Borne Coatings Market Overview
Market Drivers –
There is a rapid growth in the consumption of water-borne coatings in many industries, such as automotive, construction, and manufacturing. Water-borne coatings are widely used in printing inks, in the automotive OEM sector, plastics, and other manufacturing industries. Therefore, growth in end-user industries is expected to drive the market for waterborne coatings.
The water borne coatings market covered in this report is segmented –
1) By Type: Acrylic, Epoxy, Polyurethane, Polyester, Alkyd, Polyvinylidene Chloride (PVDC), Polyvinylidene Fluoride (PVDF), Other Types
2) By Application: Appliances, Automotive, Architectural, Marine, Packaging, Wood, General industrial
3) By End User Industry: Bilding and Construction, Automotive, Industrial, Wood, Other End-User Industries
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Regional Insights –
Asia-Pacific was the largest region in the water-borne coatings market in 2023. Western Europe was the second-largest region in the global water-borne coatings market analysis. The regions covered in the water borne coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Key Companies –
Major companies operating in the water borne coatings market include AkzoNobel NV, BASF SE, Axalta Coating Systems Ltd., Berger Paints Ltd., Kansai Paint Co. Ltd., Nippon Paint Holdings Company Ltd., PPG Industries Inc., RPM International Inc., Sherwin-Williams Company, The Valspar Corporation, Tikkurila Oyj, Asian Paints Ltd., Benjamin Moore & Co., Jotun A/S, Chenyang Waterborne Paint, Sika AG, Hempel A/S, Shalimar Paints Limited, S K Kaken Co. Ltd, Beckers Group, Dunn-Edwards Corporation, Diamond Vogel Paint Company, Kelly-Moore Paints, Vista Paint Corporation, Indigo Paints Pvt. Ltd., Arkema Group, Carboline Company, Chugoku Marine Paints Ltd., Cloverdale Paint Inc., Diamond Vogel Inc., Masco Corporation, Rust-Oleum Corporation, Sakata Inx Corporation, Tnemec Company Inc.
Table of Contents
- Executive Summary
- Water Borne Coatings Market Characteristics
- Water Borne Coatings Market Trends And Strategies
- Water Borne Coatings Market – Macro Economic Scenario
- Global Water Borne Coatings Market Size and Growth
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- Key Mergers And Acquisitions In The Water Borne Coatings Market
- Water Borne Coatings Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Water Borne Coatings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Water Borne Coatings Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: AkzoNobel NV Financial Performance
Table 75: BASF SE Financial Performance
Table 76: Axalta Coating Systems Ltd. Financial Performance
Table 77: Berger Paints Ltd. Financial Performance
Table 78: Kansai Paint Co. Ltd Financial Performance
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