The global water based resins market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for water-based coatings and adhesives in various industries such as construction, automotive, furniture and others. Water-based coatings are preferred over solvent-based coatings due to their low VOC content and environmental friendliness. Moreover, they are also cost effective as compared to solvent-based coatings because they require less material for application and have a longer shelf life than solvent-based products.
Acrylics accounted for the largest share of the global water based resins market in 2017 owing to their high performance properties such as durability, flexibility, resistance against chemicals and solvents among others which make them suitable for use in various applications such as paints & coatings, adhesives & sealants and inks among others. Epoxy was the second largest segment with a share of around 18% followed by alkyd with 16%. Polyurethane accounted for only 8% share due to its high price point which limits its usage mainly in industrial applications where it is used primarily as an adhesive or sealant material or coating agent.
Some Of The Growth Factors Of This Market:
- The increasing demand for water based resins in various industries such as construction, automotive, and furniture is one of the major factors driving the growth of this market.
- Increasing environmental concerns are also driving the growth of this market due to their eco-friendly nature and low VOC emissions which make them more sustainable than other types of resin products available in the market today.
- The growing population coupled with rising disposable income levels has led to an increase in demand for new homes which has increased the need for water based resins used in construction industry thereby boosting its growth prospects over time 5) Increasing awareness about green building practices among consumers is also expected to drive this market over time.
Industry Growth Insights published a new data on “Water Based Resins Market”. The research report is titled “Water Based Resins Market research by Types (Acrylic, Epoxy, Alkyd, Polyurethane, Others), By Applications (Paints and Coatings, Adhesives and Sealants, Inks, Others), By Players/Companies Dowdupont, BASF, The Lubrizol, Royal DSM, Allnex Group, Hexion, Arkema, DIC, Covestro, Celanese, Alberdingk Boley, Adeka Corporation, Aditya Birla Chemicals, Belike, Bond Polymers International, Elantas, Grupo Synthesia, KUKdo Chemical, Lawter, Nan Ya Plastics, Olin, Omnova Solutions, Reichhold LLC 2, Specialty Polymers, Scott Bader”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Water Based Resins Market Research Report
By Type
Acrylic, Epoxy, Alkyd, Polyurethane, Others
By Application
Paints and Coatings, Adhesives and Sealants, Inks, Others
By Companies
Dowdupont, BASF, The Lubrizol, Royal DSM, Allnex Group, Hexion, Arkema, DIC, Covestro, Celanese, Alberdingk Boley, Adeka Corporation, Aditya Birla Chemicals, Belike, Bond Polymers International, Elantas, Grupo Synthesia, KUKdo Chemical, Lawter, Nan Ya Plastics, Olin, Omnova Solutions, Reichhold LLC 2, Specialty Polymers, Scott Bader
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Water Based Resins Market Report Segments:
The global Water Based Resins market is segmented on the basis of:
Types
Acrylic, Epoxy, Alkyd, Polyurethane, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Paints and Coatings, Adhesives and Sealants, Inks, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dowdupont
- BASF
- The Lubrizol
- Royal DSM
- Allnex Group
- Hexion
- Arkema
- DIC
- Covestro
- Celanese
- Alberdingk Boley
- Adeka Corporation
- Aditya Birla Chemicals
- Belike
- Bond Polymers International
- Elantas
- Grupo Synthesia
- KUKdo Chemical
- Lawter
- Nan Ya Plastics
- Olin
- Omnova Solutions
- Reichhold LLC 2
- Specialty Polymers
- Scott Bader
Highlights of The Water Based Resins Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acrylic
- Epoxy
- Alkyd
- Polyurethane
- Others
- By Application:
- Paints and Coatings
- Adhesives and Sealants
- Inks
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Water Based Resins Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Water based resins are a type of resin that is made from water and a polymer. They are often used in products that need to be waterproof, such as signs or roofing.
Some of the major players in the water based resins market are Dowdupont, BASF, The Lubrizol, Royal DSM, Allnex Group, Hexion, Arkema, DIC, Covestro, Celanese, Alberdingk Boley, Adeka Corporation, Aditya Birla Chemicals, Belike, Bond Polymers International, Elantas, Grupo Synthesia, KUKdo Chemical, Lawter, Nan Ya Plastics, Olin, Omnova Solutions, Reichhold LLC 2, Specialty Polymers, Scott Bader.
The water based resins market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Water Based Resins Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Water Based Resins Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Water Based Resins Market - Supply Chain
4.5. Global Water Based Resins Market Forecast
4.5.1. Water Based Resins Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Water Based Resins Market Size (000 Units) and Y-o-Y Growth
4.5.3. Water Based Resins Market Absolute $ Opportunity
5. Global Water Based Resins Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Water Based Resins Market Size and Volume Forecast by Type
5.3.1. Acrylic
5.3.2. Epoxy
5.3.3. Alkyd
5.3.4. Polyurethane
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Water Based Resins Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Water Based Resins Market Size and Volume Forecast by Application
6.3.1. Paints and Coatings
6.3.2. Adhesives and Sealants
6.3.3. Inks
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Water Based Resins Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Water Based Resins Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Water Based Resins Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Water Based Resins Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Water Based Resins Demand Share Forecast, 2019-2026
9. North America Water Based Resins Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Water Based Resins Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Water Based Resins Market Size and Volume Forecast by Application
9.4.1. Paints and Coatings
9.4.2. Adhesives and Sealants
9.4.3. Inks
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Water Based Resins Market Size and Volume Forecast by Type
9.7.1. Acrylic
9.7.2. Epoxy
9.7.3. Alkyd
9.7.4. Polyurethane
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Water Based Resins Demand Share Forecast, 2019-2026
10. Latin America Water Based Resins Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Water Based Resins Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Water Based Resins Market Size and Volume Forecast by Application
10.4.1. Paints and Coatings
10.4.2. Adhesives and Sealants
10.4.3. Inks
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Water Based Resins Market Size and Volume Forecast by Type
10.7.1. Acrylic
10.7.2. Epoxy
10.7.3. Alkyd
10.7.4. Polyurethane
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Water Based Resins Demand Share Forecast, 2019-2026
11. Europe Water Based Resins Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Water Based Resins Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Water Based Resins Market Size and Volume Forecast by Application
11.4.1. Paints and Coatings
11.4.2. Adhesives and Sealants
11.4.3. Inks
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Water Based Resins Market Size and Volume Forecast by Type
11.7.1. Acrylic
11.7.2. Epoxy
11.7.3. Alkyd
11.7.4. Polyurethane
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Water Based Resins Demand Share, 2019-2026
12. Asia Pacific Water Based Resins Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Water Based Resins Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Water Based Resins Market Size and Volume Forecast by Application
12.4.1. Paints and Coatings
12.4.2. Adhesives and Sealants
12.4.3. Inks
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Water Based Resins Market Size and Volume Forecast by Type
12.7.1. Acrylic
12.7.2. Epoxy
12.7.3. Alkyd
12.7.4. Polyurethane
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Water Based Resins Demand Share, 2019-2026
13. Middle East & Africa Water Based Resins Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Water Based Resins Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Water Based Resins Market Size and Volume Forecast by Application
13.4.1. Paints and Coatings
13.4.2. Adhesives and Sealants
13.4.3. Inks
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Water Based Resins Market Size and Volume Forecast by Type
13.7.1. Acrylic
13.7.2. Epoxy
13.7.3. Alkyd
13.7.4. Polyurethane
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Water Based Resins Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Water Based Resins Market: Market Share Analysis
14.2. Water Based Resins Distributors and Customers
14.3. Water Based Resins Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dowdupont
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. The Lubrizol
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Royal DSM
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Allnex Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hexion
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Arkema
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DIC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Covestro
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Celanese
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Alberdingk Boley
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Adeka Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Aditya Birla Chemicals
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Belike
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Bond Polymers International
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Elantas
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Grupo Synthesia
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. KUKdo Chemical
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Lawter
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Nan Ya Plastics
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
