Waterborne Coatings Market Trends, Active Key Players and Growth Projection Up to 2029


Posted October 13, 2022 by pramojakokate

Waterborne resin innovations are transforming the coatings industry. As the main constituent, coatings comprise one or more solvents. Solvents dissolve the paint components, resulting in a sprayable liquid combination.

 
Waterborne Coatings Market size was valued at USD 81.17 Bn. in 2021 and the total Waterborne Coatings revenue is expected to grow by 3.8% from 2022 to 2029, reaching nearly USD 109.39 Bn.

Waterborne Coatings Market Overview:

The purpose of this research is to provide a detailed analysis of the Waterborne Coatings market by segment and geography. The article goes into great detail about the primary factors influencing the Waterborne Coatings market's growth. The research also includes a comprehensive assessment of the market's value chain.

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Market Scope:

To get the final quantitative and qualitative data, all possible components influencing the markets covered by this research study were studied, thoroughly researched, validated by primary research, and evaluated. Market size is predicted for top-level markets and sub-segments, and the influence of inflation, economic downturns, regulatory and policy changes, and other variables is taken into account when estimating market size. This data is collated and presented in this study, together with comprehensive contributions and analysis from companies.

To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights applied to each section based on usage rate and average sale price are used to determine percentage splits, market shares, and segment breakdowns. The percentage adoption or usage of the provided market Size in the relevant area or nation is used to determine the country-wise splits of the overall market and its sub-segments.

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Segmentation:

Acrylic resins are used in solvent-borne paints. Solution polymerization products can also be used to create water-borne acrylic dispersions and powder coatings for architectural purposes. These resins are used to minimize VOC emissions in water-borne systems. The use of these acrylic resins might result in high surface hardness. Acrylic coatings are utilized in a variety of applications, including walls, roofs, and decks, to produce elastomeric surfaces that increase the surface's UV resistance. Acrylic coatings are mostly used in the construction sector for high-finishing on roads, bridges, floors, and decks, among other things.

Key Players:

Market leaders are identified through primary and secondary research, and market revenue is calculated by primary and secondary research. Primary research included in-depth interviews with important thought leaders and industry professionals such as experienced front-line personnel, CEOs, and marketing managers, while secondary research included an analysis of the top manufacturers' quarterly and financial performance. Secondary data is used to establish worldwide market percentage splits, market shares, growth rates, and breakdowns, which are then cross-checked against primary data.

The major players covered in the Waterborne Coatings market report are

• BASF SE
• AkzoNobel N.V.
• PPG Industries Inc.
• RPM International Inc.
• The Sherwin-Williams Company
• Asian Paints Limited
• Axalta Coating Systems LLC.
• Nippon Paint Holdings Co. Ltd.
• Kansai Paint Co. Ltd.

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Regional Analysis:

Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.

COVID-19 Impact Analysis on Waterborne Coatings Market:

The COVID-19 pandemic has impacted industries such as aerospace and military, agriculture, autos, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among others. COVID-19 has had an influence on the Waterborne Coatings market as a whole, as well as the growth rate in 2019-2020, as the impact of COVID-19 has spread. Our most recent questions, views, and market information are vital to the Waterborne Coatings industry's firms and associations.

Key Questions Answered in the Waterborne Coatings Market Report are:

Which segment grabbed the largest share in the Waterborne Coatings market?
What was the competitive scenario of the Waterborne Coatings market in 2021?
Which are the key factors responsible for the Waterborne Coatings market growth?
Which region held the maximum share in the Waterborne Coatings market in 2021?

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Issued By pramoja
Country India
Categories Biotech , Engineering
Tags waterborne coatings market
Last Updated October 13, 2022