Market Overview:
The global water-borne protective coatings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for water-borne protective coatings from various end-use industries, such as infrastructure, commercial real estate, industrial plants & facilities, oil & gas, power and mining. In terms of type, the epoxy segment is expected to lead the global water-borne protective coatings market during the forecast period. This can be attributed to its properties such as high chemical resistance and durability.
Product Definition:
Water-borne Protective Coatings are coatings that are applied to a surface with water. These coatings provide protection from weathering, corrosion, and other forms of degradation. They can also improve the appearance and durability of the surface they are applied to.
Epoxy:
Epoxy resins are synthetic thermosetting polymers containing an epoxide group. They are characterized by high strength, excellent adhesion, and resistance to solvents & UV light. Epoxy is produced from phenol and formaldehyde through the catalytic oxidation of ethylene. The major applications include paints & coatings, plastics & rubber products manufacturing as well as electrical insulations among others like flooring foams and adhesives.
Polyurethane:
Polyurethane (PU) is a polymer, which is manufactured by the catalytic reaction of an organic compound with hydrogen. It has applications in various end-use industries such as automotive, construction and furniture. Polyurethane coatings are used for providing protection to wood from moisture & UV rays and also provide high gloss finish to the surface on which it is applied.
Application Insights:
The infrastructure application segment led the global water-borne protective coatings market and accounted for more than 45.0% share of the overall revenue in 2017. The rising need for renovation and maintenance of aging infrastructure across various regions, including North America, Europe, Asia Pacific and Middle East & Africa is expected to be a key factor driving the demand over the forecast period.
Infrastructure application includes transportation systems such as roads, railways, airports; energy systems including power generation plants; buildings including residential complexes and commercial offices; industrial facilities such as oil refineries along with other public utility infrastructures such as treatment plants are some of the major applications that are anticipated to drive growth over next seven years.
Commercial real estate was estimated to be one of the fastest growing segments owing to increasing construction spending by companies from emerging economies like China India & Brazil which is projecteded increase expenditure on refurbishment or new build projects which will result in increased product demand globally over next seven years.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of global production and consumption of protective coatings. Increasing infrastructure spending in emerging economies such as China, India, Indonesia, Malaysia and Vietnam is expected to drive product demand over the next eight years.
The industry has witnessed a high level of competition on account of new entrants from countries like Thailand, Philippines, Vietnam etc., which have resulted in low profit margins for manufacturers operating within Asia Pacific region. However with growing awareness regarding environmental protection measures; coatings are being increasingly used for purposes other than just preventing corrosion such as water-based polyurethane coating used on bridge construction instead of oil based paints that would result in harmful emissions into environment resulting from transportation fuels consumed during manufacturing process or epoxy resins used on offshore platforms instead Epoxy Protective Coatings (EPC).
Growth Factors:
- Increasing demand from end-use industries, such as construction, automotive and marine sectors
- Rising awareness about the benefits of water-borne protective coatings among consumers
- Growing R&D investments by leading players to develop innovative products
- Proliferation of online retail platforms that offer a wide range of water-borne protective coatings products at competitive prices
- Expansion of distribution channels across regions to reach a wider customer base
Scope Of The Report
Report Attributes
Report Details
Report Title
Water-borne Protective Coatings Market Research Report
By Type
Epoxy, Polyurethane, Acrylic, Alkyd, Polyester, Others
By Application
Infrastructure, Commercial real estate, Industrial plants & facilities, Oil & gas, Power, Mining
By Companies
Akzo Nobel, PPG Industries, The Sherwin-Williams, The Valspar, Jotun, Hempel Group, Kansai Paints
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Water-borne Protective Coatings Market Report Segments:
The global Water-borne Protective Coatings market is segmented on the basis of:
Types
Epoxy, Polyurethane, Acrylic, Alkyd, Polyester, 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
Infrastructure, Commercial real estate, Industrial plants & facilities, Oil & gas, Power, Mining
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:
- Akzo Nobel
- PPG Industries
- The Sherwin-Williams
- The Valspar
- Jotun
- Hempel Group
- Kansai Paints
Highlights of The Water-borne Protective Coatings 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:
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Polyester
- Others
- By Application:
- Infrastructure
- Commercial real estate
- Industrial plants & facilities
- Oil & gas
- Power
- Mining
- 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-borne Protective Coatings 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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-borne protective coatings are a type of coating that is applied to surfaces or objects that come in contact with water. The coating helps protect the object from corrosion and other damage caused by water.
Some of the major players in the water-borne protective coatings market are Akzo Nobel, PPG Industries, The Sherwin-Williams, The Valspar, Jotun, Hempel Group, Kansai Paints.
The water-borne protective coatings market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Water-borne Protective Coatings 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-borne Protective Coatings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Water-borne Protective Coatings Market - Supply Chain
4.5. Global Water-borne Protective Coatings Market Forecast
4.5.1. Water-borne Protective Coatings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Water-borne Protective Coatings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Water-borne Protective Coatings Market Absolute $ Opportunity
5. Global Water-borne Protective Coatings 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-borne Protective Coatings Market Size and Volume Forecast by Type
5.3.1. Epoxy
5.3.2. Polyurethane
5.3.3. Acrylic
5.3.4. Alkyd
5.3.5. Polyester
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Water-borne Protective Coatings 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-borne Protective Coatings Market Size and Volume Forecast by Application
6.3.1. Infrastructure
6.3.2. Commercial real estate
6.3.3. Industrial plants & facilities
6.3.4. Oil & gas
6.3.5. Power
6.3.6. Mining
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Water-borne Protective Coatings 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-borne Protective Coatings 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-borne Protective Coatings 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-borne Protective Coatings 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-borne Protective Coatings Demand Share Forecast, 2019-2026
9. North America Water-borne Protective Coatings 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-borne Protective Coatings 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-borne Protective Coatings Market Size and Volume Forecast by Application
9.4.1. Infrastructure
9.4.2. Commercial real estate
9.4.3. Industrial plants & facilities
9.4.4. Oil & gas
9.4.5. Power
9.4.6. Mining
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Water-borne Protective Coatings Market Size and Volume Forecast by Type
9.7.1. Epoxy
9.7.2. Polyurethane
9.7.3. Acrylic
9.7.4. Alkyd
9.7.5. Polyester
9.7.6. 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-borne Protective Coatings Demand Share Forecast, 2019-2026
10. Latin America Water-borne Protective Coatings 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-borne Protective Coatings 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-borne Protective Coatings Market Size and Volume Forecast by Application
10.4.1. Infrastructure
10.4.2. Commercial real estate
10.4.3. Industrial plants & facilities
10.4.4. Oil & gas
10.4.5. Power
10.4.6. Mining
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Water-borne Protective Coatings Market Size and Volume Forecast by Type
10.7.1. Epoxy
10.7.2. Polyurethane
10.7.3. Acrylic
10.7.4. Alkyd
10.7.5. Polyester
10.7.6. 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-borne Protective Coatings Demand Share Forecast, 2019-2026
11. Europe Water-borne Protective Coatings 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-borne Protective Coatings 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-borne Protective Coatings Market Size and Volume Forecast by Application
11.4.1. Infrastructure
11.4.2. Commercial real estate
11.4.3. Industrial plants & facilities
11.4.4. Oil & gas
11.4.5. Power
11.4.6. Mining
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Water-borne Protective Coatings Market Size and Volme Forecast by Type
11.7.1. Epoxy
11.7.2. Polyurethane
11.7.3. Acrylic
11.7.4. Alkyd
11.7.5. Polyester
11.7.6. 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-borne Protective Coatings Demand Share, 2019-2026
12. Asia Pacific Water-borne Protective Coatings 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-borne Protective Coatings 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-borne Protective Coatings Market Size and Volume Forecast by Application
12.4.1. Infrastructure
12.4.2. Commercial real estate
12.4.3. Industrial plants & facilities
12.4.4. Oil & gas
12.4.5. Power
12.4.6. Mining
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Water-borne Protective Coatings Market Size and Volume Forecast by Type
12.7.1. Epoxy
12.7.2. Polyurethane
12.7.3. Acrylic
12.7.4. Alkyd
12.7.5. Polyester
12.7.6. 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-borne Protective Coatings Demand Share, 2019-2026
13. Middle East & Africa Water-borne Protective Coatings 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-borne Protective Coatings 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-borne Protective Coatings Market Size and Volume Forecast by Application
13.4.1. Infrastructure
13.4.2. Commercial real estate
13.4.3. Industrial plants & facilities
13.4.4. Oil & gas
13.4.5. Power
13.4.6. Mining
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Water-borne Protective Coatings Market Size and Volume Forecast by Type
13.7.1. Epoxy
13.7.2. Polyurethane
13.7.3. Acrylic
13.7.4. Alkyd
13.7.5. Polyester
13.7.6. 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-borne Protective Coatings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Water-borne Protective Coatings Market: Market Share Analysis
14.2. Water-borne Protective Coatings Distributors and Customers
14.3. Water-borne Protective Coatings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Akzo Nobel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PPG Industries
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 Sherwin-Williams
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. The Valspar
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jotun
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hempel Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kansai Paints
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
