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Water Borne Coatings Global Market Report 2021: COVID 19 Impact and Recovery to 2030

Starting Price : $4000 | Pages : 175 | Published : January 2021 | SKU CODE : 7253 | Format :


Solvents contain organic cosolvents that use water as a solvent to disperse resin.

The global water borne coatings market is expected to grow from $132.57 billion in 2020 to $143.59 billion in 2021 at a compound annual growth rate (CAGR) of 8.3%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $169.72 billion in 2025 at a CAGR of 4%.

The water borne coatings market covered in this report is segmented by type into acrylic, epoxy, polyurethane, polyester, alkyd, polyvinylidene chloride (PVDC), polyvinylidene fluoride (PVDF) and others.

There is a rapid growth in 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.

Rising costs is acting as a restraint on the water borne coatings market. The rise in raw material costs resulted in higher manufacturing costs, thus decreasing the investments in research and development of new products. For instance, in India, raw material costs for coatings producers generally were around 57.6% of total sales in 2019. Additionally, companies invested heavily on marketing their products due to intense competition in the market. Rising trucking, railroad, dry-bulk and air-freight rates also negatively impacted the market. This rise in operating costs increased pressure on companies to protect margins while maintaining the quality of their products.

Smart coatings and high-performance coating technologies are being adopted by companies to enhance efficiencies of coating compounds. Nano coatings, are a type of smart coating that have extremely tiny particles and unique characteristics such as flexibility, resistance to corrosion and micro bacterial growth. Fluoropolymer coating is known for its high-performance properties such as long-life cycle and high cost efficiency.

The major players covered in the global water borne coatings market are 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, Tikkurila Oyj, Asian Paints Ltd., Benjamin Moore & Co., Jotun, Chenyang Waterborne Paint, Sika AG, Hempel A/S, Shalimar Paints, S K Kaken Co., Ltd, Beckers Group, Dunn-Edwards Corporation, Tiger Coatings GmbH & Co. Kg, Diamond Vogel Paint Company, Kelly-Moore Paints, Vista Paint Corporation, Indigo Paints Pvt Ltd,,.

The countries covered in the global water borne coatings market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, Australia.

The regions covered in the global water borne coatings market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global water borne coatings market is segmented -

1) By Type: Acrylic, Epoxy, Polyurethane, Polyester, Alkyd, Polyvinylidene Chloride (PVDC), Polyvinylidene Fluoride (PVDF), Others

2) By Application: Appliances, Automotive, Architectural, Marine, Packaging, Wood, General Industrial

3) By End-User Industry: Building and Construction, Automotive, Industrial, Wood, Other

    1. Executive Summary

    2. Water Borne Coatings Market Characteristics

    3. Water Borne Coatings Market Trends And Strategies

    4. Impact Of COVID-19 On Water Borne Coatings

    5. Water Borne Coatings Market Size And Growth

    5.1. Global Water Borne Coatings Historic Market, 2015-2020, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Water Borne Coatings Forecast Market, 2020-2025F, 2030F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Water Borne Coatings Market Segmentation

    6.1. Global Water Borne Coatings Market, Segmentation  By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Acrylic

    Epoxy

    Polyurethane

    Polyester

    Alkyd

    Polyvinylidene Chloride (PVDC)

    Polyvinylidene Fluoride (PVDF)

    Others

    6.2. Global Water Borne Coatings Market, Segmentation  By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Appliances

    Automotive

    Architectural

    Marine

    Packaging

    Wood

    General industrial

    6.3. Global Water Borne Coatings Market, Segmentation  By End-User Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Bilding and Construction

    Automotive

    Industrial

    Wood

    Other

    7. Water Borne Coatings Market Regional And Country Analysis

    7.1. Global Water Borne Coatings Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    7.2. Global Water Borne Coatings Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    8. Asia-Pacific Water Borne Coatings Market  

    8.1. Asia-Pacific Water Borne Coatings Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    9. China Water Borne Coatings Market  

    9.1. China Water Borne Coatings Market Overview  

    9.2. China Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

    10. India Water Borne Coatings Market  

    10.1. India Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    11. Japan Water Borne Coatings Market  

    11.1. Japan Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    12. Australia Water Borne Coatings Market  

    12.1. Australia Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    13. Indonesia Water Borne Coatings Market  

    13.1. Indonesia Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    14. South Korea Water Borne Coatings Market  

    14.1. South Korea Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    15. Western Europe Water Borne Coatings Market  

    15.1. Western Europe Water Borne Coatings Market Overview

    15.2. Western Europe Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    16. UK Water Borne Coatings Market  

    16.1. UK Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    17. Germany Water Borne Coatings Market  

    17.1. Germany Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    18. France Water Borne Coatings Market  

    18.3. France Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    19. Eastern Europe Water Borne Coatings Market  

    19.1. Eastern Europe Water Borne Coatings Market Overview

    19.2. Eastern Europe Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    20. Russia Water Borne Coatings Market  

    20.1. Russia Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    21. North America Water Borne Coatings Market  

    21.1. North America Water Borne Coatings Market Overview

    21.2. North America Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    22. USA Water Borne Coatings Market  

    22.1. USA Water Borne Coatings Market Overview

    22.2. USA Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    23. South America Water Borne Coatings Market  

    23.1. South America Water Borne Coatings Market Overview

    23.2. South America Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    24. Brazil Water Borne Coatings Market  

    24.1. Brazil Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    25. Middle East Water Borne Coatings Market  

    25.1. Middle East Water Borne Coatings Market Overview

    25.2. Middle East Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    26. Africa Water Borne Coatings Market  

    26.1. Africa Water Borne Coatings Market Overview

    26.2. Africa Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    27. Water Borne Coatings Market Competitive Landscape And Company Profiles

    27.1. Water Borne Coatings Market Competitive Landscape

    27.2. Water Borne Coatings Market Company Profiles

    27.2.1. Axalta Coating Systems LLC

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Berger Paints India Ltd

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Kansai Paint Co., Ltd.

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Nippon Paint Holdings Company Ltd

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. PPG Industries Inc.

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Water Borne Coatings Market

    29. Water Borne Coatings Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Table 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Table 3: Global Water Borne Coatings Market, Segmentation  By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 4: Global Water Borne Coatings Market, Segmentation  By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 5: Global Water Borne Coatings Market, Segmentation  By End-User Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 6: Global Water Borne Coatings Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 7: Global Water Borne Coatings Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 8: Asia-Pacific, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 9: China, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 10: India, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 11: Japan, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 12: Australia, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 13: Indonesia, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 14: South Korea, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 15: Western Europe, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 16: UK, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 17: Germany, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 18: France, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 19: Eastern Europe, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 20: Russia, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 21: North America, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 22: USA, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 23: South America, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 24: Brazil, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 25: Middle East, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 26: Africa, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 27: Axalta Coating Systems LLC Financial Performance
  • Table 28: Berger Paints India Ltd Financial Performance
  • Table 29: Kansai Paint Co., Ltd. Financial Performance
  • Table 30: Nippon Paint Holdings Company Ltd Financial Performance
  • Table 31: PPG Industries Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Figure 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Figure 3: Global Water Borne Coatings Market, Segmentation  By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 4: Global Water Borne Coatings Market, Segmentation  By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 5: Global Water Borne Coatings Market, Segmentation  By End-User Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 6: Global Water Borne Coatings Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 7: Global Water Borne Coatings Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 8: Asia-Pacific, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 9: China, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 10: India, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 11: Japan, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 12: Australia, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 13: Indonesia, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 14: South Korea, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 15: Western Europe, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 16: UK, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 17: Germany, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 18: France, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 19: Eastern Europe, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 20: Russia, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 21: North America, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 22: USA, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 23: South America, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 24: Brazil, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 25: Middle East, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 26: Africa, Water Borne Coatings Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 27: Axalta Coating Systems LLC Financial Performance
  • Figure 28: Berger Paints India Ltd Financial Performance
  • Figure 29: Kansai Paint Co., Ltd. Financial Performance
  • Figure 30: Nippon Paint Holdings Company Ltd Financial Performance
  • Figure 31: PPG Industries Inc. Financial Performance
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