Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Water-Soluble Coatings Market by Type (Formaldehyde, Polyurethane, Alkyds, Epoxy, Fluoropolymers), By Application (Building and Construction, Automotive, Furniture, Electronics, Marine, Aerospace, Paper and Printing) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Water-Soluble Coatings Market by Type (Formaldehyde, Polyurethane, Alkyds, Epoxy, Fluoropolymers), By Application (Building and Construction, Automotive, Furniture, Electronics, Marine, Aerospace, Paper and Printing) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 219382 3300 Chemical & Material 377 236 Pages 4.6 (49)
                                          

The global water soluble coatings 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 in various industries such as building and construction, automotive, furniture, electronics, marine and aerospace. Water-based coatings are preferred over solvent-based ones due to their eco-friendly nature and low VOC content which makes them safer for human health and environment. Formaldehyde was the largest type segment in 2018 with a share of 39%. Polyurethane was the second largest type segment with a share of 27%. Alkyds had a share of 18%, epoxy had a share of 12%, fluoropolymers had a share of 5% and other types accounted for 8%. Building & Construction was the largest application segment in 2018 with a share of 36%. Automotive was the second largest application segment with a share of 25%. Furniture accounted for 17%, electronics accounted for 14%, marine accounted for 10% and aerospace accounted for 7%. North America led regional markets in 2018 with an estimated revenue contribution close to USD 1 billion followed by Europe (USD 607 million), Asia Pacific (USD 514 million) and Latin America (USD 437 million). The increased use of these products will drive growth in this market over the forecast period owing to their low VOC content that makes them more environment friendly than solvent based paint products that emit harmful chemicals into air during application or drying process.

  1. The global water-soluble coatings market is expected to grow at a CAGR of 4.5% from 2017 to 2025.
  2. The growth of the global water-soluble coatings market is driven by the increasing demand for water-based paints and coatings in various industries such as construction, automotive, and furniture & fixtures due to their eco-friendly nature and low VOC content.
  3. Increasing demand for sustainable products has led to an increase in the use of water-based paints and coatings which are considered environmentally friendly as they do not emit volatile organic compounds (VOCs) into the atmosphere during application or drying process unlike solvent based paints which emit harmful chemicals into the air during application or drying process.

Industry Growth Insights published a new data on “Water-Soluble Coatings Market”. The research report is titled “Water-Soluble Coatings Market research by Types (Formaldehyde, Polyurethane, Alkyds, Epoxy, Fluoropolymers), By Applications (Building and Construction, Automotive, Furniture, Electronics, Marine, Aerospace, Paper and Printing), By Players/Companies BASF SE, Akzo Nobel N.V., SKK Pte, Asian Paints, Kansai Paint, The Valspar, Conren, ICA Group, Altana, Axalta Coating Systems, PPG Industries, Sherwin-Williams, NIPSEA GROUP, Kansai Nerolac Paints”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Water-Soluble Coatings Market Research Report

By Type

Formaldehyde, Polyurethane, Alkyds, Epoxy, Fluoropolymers

By Application

Building and Construction, Automotive, Furniture, Electronics, Marine, Aerospace, Paper and Printing

By Companies

BASF SE, Akzo Nobel N.V., SKK Pte, Asian Paints, Kansai Paint, The Valspar, Conren, ICA Group, Altana, Axalta Coating Systems, PPG Industries, Sherwin-Williams, NIPSEA GROUP, Kansai Nerolac 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

236

Number of Tables & Figures

166

Customization Available

Yes, the report can be customized as per your need.


Global Water-Soluble Coatings Industry Outlook


Global Water-Soluble Coatings Market Report Segments:

The global Water-Soluble Coatings market is segmented on the basis of:

Types

Formaldehyde, Polyurethane, Alkyds, Epoxy, Fluoropolymers

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

Building and Construction, Automotive, Furniture, Electronics, Marine, Aerospace, Paper and Printing

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:

  1. BASF SE
  2. Akzo Nobel N.V.
  3. SKK Pte
  4. Asian Paints
  5. Kansai Paint
  6. The Valspar
  7. Conren
  8. ICA Group
  9. Altana
  10. Axalta Coating Systems
  11. PPG Industries
  12. Sherwin-Williams
  13. NIPSEA GROUP
  14. Kansai Nerolac Paints

Global Water-Soluble Coatings Market Overview


Highlights of The Water-Soluble Coatings Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Formaldehyde
    2. Polyurethane
    3. Alkyds
    4. Epoxy
    5. Fluoropolymers
  1. By Application:

    1. Building and Construction
    2. Automotive
    3. Furniture
    4. Electronics
    5. Marine
    6. Aerospace
    7. Paper and Printing
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Water-Soluble 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

Global Water-Soluble Coatings Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Water-soluble coatings are coatings that can be washed off with water. This is important because it allows the coating to be applied to a surface and then removed without leaving any residue or damage.

Some of the key players operating in the water-soluble coatings market are BASF SE, Akzo Nobel N.V., SKK Pte, Asian Paints, Kansai Paint, The Valspar, Conren, ICA Group, Altana, Axalta Coating Systems, PPG Industries, Sherwin-Williams, NIPSEA GROUP, Kansai Nerolac Paints.

The water-soluble coatings market is expected to grow at a compound annual growth rate of 4.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Water-Soluble 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-Soluble 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-Soluble Coatings Market - Supply Chain
   4.5. Global Water-Soluble Coatings Market Forecast
      4.5.1. Water-Soluble Coatings Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Water-Soluble Coatings Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Water-Soluble Coatings Market Absolute $ Opportunity

5. Global Water-Soluble 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-Soluble Coatings Market Size and Volume Forecast by Type
      5.3.1. Formaldehyde
      5.3.2. Polyurethane
      5.3.3. Alkyds
      5.3.4. Epoxy
      5.3.5. Fluoropolymers
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Water-Soluble 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-Soluble Coatings Market Size and Volume Forecast by Application
      6.3.1. Building and Construction
      6.3.2. Automotive
      6.3.3. Furniture
      6.3.4. Electronics
      6.3.5. Marine
      6.3.6. Aerospace
      6.3.7. Paper and Printing
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Water-Soluble 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-Soluble 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-Soluble 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-Soluble 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-Soluble Coatings Demand Share Forecast, 2019-2026

9. North America Water-Soluble 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-Soluble 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-Soluble Coatings Market Size and Volume Forecast by Application
      9.4.1. Building and Construction
      9.4.2. Automotive
      9.4.3. Furniture
      9.4.4. Electronics
      9.4.5. Marine
      9.4.6. Aerospace
      9.4.7. Paper and Printing
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Water-Soluble Coatings Market Size and Volume Forecast by Type
      9.7.1. Formaldehyde
      9.7.2. Polyurethane
      9.7.3. Alkyds
      9.7.4. Epoxy
      9.7.5. Fluoropolymers
   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-Soluble Coatings Demand Share Forecast, 2019-2026

10. Latin America Water-Soluble 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-Soluble 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-Soluble Coatings Market Size and Volume Forecast by Application
      10.4.1. Building and Construction
      10.4.2. Automotive
      10.4.3. Furniture
      10.4.4. Electronics
      10.4.5. Marine
      10.4.6. Aerospace
      10.4.7. Paper and Printing
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Water-Soluble Coatings Market Size and Volume Forecast by Type
      10.7.1. Formaldehyde
      10.7.2. Polyurethane
      10.7.3. Alkyds
      10.7.4. Epoxy
      10.7.5. Fluoropolymers
   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-Soluble Coatings Demand Share Forecast, 2019-2026

11. Europe Water-Soluble 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-Soluble 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-Soluble Coatings Market Size and Volume Forecast by Application
      11.4.1. Building and Construction
      11.4.2. Automotive
      11.4.3. Furniture
      11.4.4. Electronics
      11.4.5. Marine
      11.4.6. Aerospace
      11.4.7. Paper and Printing
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Water-Soluble Coatings Market Size and Volume Forecast by Type
      11.7.1. Formaldehyde
      11.7.2. Polyurethane
      11.7.3. Alkyds
      11.7.4. Epoxy
      11.7.5. Fluoropolymers
   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-Soluble Coatings Demand Share, 2019-2026

12. Asia Pacific Water-Soluble 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-Soluble 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-Soluble Coatings Market Size and Volume Forecast by Application
      12.4.1. Building and Construction
      12.4.2. Automotive
      12.4.3. Furniture
      12.4.4. Electronics
      12.4.5. Marine
      12.4.6. Aerospace
      12.4.7. Paper and Printing
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Water-Soluble Coatings Market Size and Volume Forecast by Type
      12.7.1. Formaldehyde
      12.7.2. Polyurethane
      12.7.3. Alkyds
      12.7.4. Epoxy
      12.7.5. Fluoropolymers
   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-Soluble Coatings Demand Share, 2019-2026

13. Middle East & Africa Water-Soluble 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-Soluble 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-Soluble Coatings Market Size and Volume Forecast by Application
      13.4.1. Building and Construction
      13.4.2. Automotive
      13.4.3. Furniture
      13.4.4. Electronics
      13.4.5. Marine
      13.4.6. Aerospace
      13.4.7. Paper and Printing
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Water-Soluble Coatings Market Size and Volume Forecast by Type
      13.7.1. Formaldehyde
      13.7.2. Polyurethane
      13.7.3. Alkyds
      13.7.4. Epoxy
      13.7.5. Fluoropolymers
   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-Soluble Coatings Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Water-Soluble Coatings Market: Market Share Analysis
   14.2. Water-Soluble Coatings Distributors and Customers
   14.3. Water-Soluble Coatings Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. BASF SE
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Akzo Nobel N.V.
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. SKK Pte
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Asian Paints
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Kansai Paint
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. The Valspar
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Conren
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. ICA Group
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Altana
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Axalta Coating Systems
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. PPG Industries
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Sherwin-Williams
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. NIPSEA GROUP
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Kansai Nerolac Paints
         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

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