The global water borne coatings market is expected to grow from $100.41 billion in 2021 to $107.58 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The market is expected to grow to $137.33 billion in 2026 at a CAGR of 6.3%.
What is the Global Water Borne Coatings Market?
The water-borne coatings market consists of sales of water-borne coatings. Waterborne coatings use water as a solvent to spread a resin, making them environmentally safe and simple to apply.
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What drives the Global Water Borne Coatings Market?
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 water borne coatings.
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https://www.thebusinessresearchcompany.com/report/water-borne-coatings-global-market-reportGlobal Water Borne Coatings Market Segments
The global water borne coatings market is segmented:
By Type: Acrylic, Epoxy, Polyurethane, Polyester, Alkyd, Polyvinylidene Chloride (PVDC), Polyvinylidene Fluoride (PVDF), Other Types
By Application: Appliances, Automotive, Architectural, Marine, Packaging, Wood, General industrial
By End User Industry: Building and Construction, Automotive, Industrial, Wood, Other End-User Industries
By Geography: 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.
Water Borne Coatings Global Market Report 2022provides market size and growth forecasts for the global water borne coatings market, global water borne coatings market share, water borne coatings market segments and geographies, water borne coatings market competitive landscape including leading competitors’ revenues, profiles and market shares. The water borne coatings market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Water Borne Coatings Industry Playersinclude BASF SE, Axalta Coating Systems LLC, Berger Paints India Ltd, Kansai Paint Co. Ltd., Nippon Paint Holdings Company Ltd, PPG Industries Inc., RPM International Inc., The Sherwin-Williams Company, The Valspar Corporation, and Tikkurila Oyj. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.