The global waterbased 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 automotive and industrial applications, which are more environmentally friendly than solvent-based coatings. The global waterbased coatings market is segmented on the basis of type, application and region. On the basis of type, it is classified into resin acrylic (styrene acrylic), formaldehyde, polyurethane, alkyds, epoxy and fluoropolymer. On the basis of application it includes building and construction as well as automotive (automotive OEM and automotive refinish). On the basis of region it includes North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
- Increasing demand for low VOC (volatile organic compounds) products is also driving the growth of the global waterbased coatings market as these products are considered safer than solvent-based paints and varnishes that emit harmful chemicals into the environment during their application process or when they are disposed off after use.
Industry Growth Insights published a new data on “Waterbased Coatings Market”. The research report is titled “Waterbased Coatings Market research by Types (Resin - Acrylic (Styrene Acrylic), Formaldehyde, Polyurethane, Alkyds, Epoxy, Fluoropolymer), By Applications (Building and Construction, Automotive (Automotive OEM and Automotive Refinish), Industrial, Others), By Players/Companies BASF SE, Akzo Nobel N.V., Asian Paints, Kansai Paint, The Valspar Corporation, Conren, ICA Group, Altana AG, Axalta Coating Systems Ltd., PPG Industries, Sherwin-Williams Company, NIPSEA GROUP, Kansai Nerolac Paints Limited., Hebei Chenyang Industry & Trade Group, SKK Pte. Ltd”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Waterbased Coatings Market Research Report
By Type
Resin - Acrylic (Styrene Acrylic), Formaldehyde, Polyurethane, Alkyds, Epoxy, Fluoropolymer
By Application
Building and Construction, Automotive (Automotive OEM and Automotive Refinish), Industrial, Others
By Companies
BASF SE, Akzo Nobel N.V., Asian Paints, Kansai Paint, The Valspar Corporation, Conren, ICA Group, Altana AG, Axalta Coating Systems Ltd., PPG Industries, Sherwin-Williams Company, NIPSEA GROUP, Kansai Nerolac Paints Limited., Hebei Chenyang Industry & Trade Group, SKK Pte. Ltd
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Waterbased Coatings Market Report Segments:
The global Waterbased Coatings market is segmented on the basis of:
Types
Resin - Acrylic (Styrene Acrylic), Formaldehyde, Polyurethane, Alkyds, Epoxy, Fluoropolymer
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 (Automotive OEM and Automotive Refinish), Industrial, 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:
- BASF SE
- Akzo Nobel N.V.
- Asian Paints
- Kansai Paint
- The Valspar Corporation
- Conren
- ICA Group
- Altana AG
- Axalta Coating Systems Ltd.
- PPG Industries
- Sherwin-Williams Company
- NIPSEA GROUP
- Kansai Nerolac Paints Limited.
- Hebei Chenyang Industry & Trade Group
- SKK Pte. Ltd
Highlights of The Waterbased 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:
- Resin - Acrylic (Styrene Acrylic)
- Formaldehyde
- Polyurethane
- Alkyds
- Epoxy
- Fluoropolymer
- By Application:
- Building and Construction
- Automotive (Automotive OEM and Automotive Refinish)
- Industrial
- 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 Waterbased 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.
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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?
Waterbased coatings are a type of coating that is made up of water and a polymer. The polymer helps to form the film or coating on the surface of the object being coated.
Some of the major players in the waterbased coatings market are BASF SE, Akzo Nobel N.V., Asian Paints, Kansai Paint, The Valspar Corporation, Conren, ICA Group, Altana AG, Axalta Coating Systems Ltd., PPG Industries, Sherwin-Williams Company, NIPSEA GROUP, Kansai Nerolac Paints Limited., Hebei Chenyang Industry & Trade Group, SKK Pte. Ltd.
The waterbased coatings market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Waterbased 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. Waterbased Coatings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Waterbased Coatings Market - Supply Chain
4.5. Global Waterbased Coatings Market Forecast
4.5.1. Waterbased Coatings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Waterbased Coatings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Waterbased Coatings Market Absolute $ Opportunity
5. Global Waterbased 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. Waterbased Coatings Market Size and Volume Forecast by Type
5.3.1. Resin - Acrylic (Styrene Acrylic)
5.3.2. Formaldehyde
5.3.3. Polyurethane
5.3.4. Alkyds
5.3.5. Epoxy
5.3.6. Fluoropolymer
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Waterbased 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. Waterbased Coatings Market Size and Volume Forecast by Application
6.3.1. Building and Construction
6.3.2. Automotive (Automotive OEM and Automotive Refinish)
6.3.3. Industrial
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Waterbased 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. Waterbased 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 Waterbased 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. Waterbased 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 Waterbased Coatings Demand Share Forecast, 2019-2029
9. North America Waterbased 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 Waterbased 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 Waterbased Coatings Market Size and Volume Forecast by Application
9.4.1. Building and Construction
9.4.2. Automotive (Automotive OEM and Automotive Refinish)
9.4.3. Industrial
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 Waterbased Coatings Market Size and Volume Forecast by Type
9.7.1. Resin - Acrylic (Styrene Acrylic)
9.7.2. Formaldehyde
9.7.3. Polyurethane
9.7.4. Alkyds
9.7.5. Epoxy
9.7.6. Fluoropolymer
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 Waterbased Coatings Demand Share Forecast, 2019-2029
10. Latin America Waterbased 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 Waterbased 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 Waterbased Coatings Market Size and Volume Forecast by Application
10.4.1. Building and Construction
10.4.2. Automotive (Automotive OEM and Automotive Refinish)
10.4.3. Industrial
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 Waterbased Coatings Market Size and Volume Forecast by Type
10.7.1. Resin - Acrylic (Styrene Acrylic)
10.7.2. Formaldehyde
10.7.3. Polyurethane
10.7.4. Alkyds
10.7.5. Epoxy
10.7.6. Fluoropolymer
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 Waterbased Coatings Demand Share Forecast, 2019-2029
11. Europe Waterbased 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 Waterbased 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 Waterbased Coatings Market Size and Volume Forecast by Application
11.4.1. Building and Construction
11.4.2. Automotive (Automotive OEM and Automotive Refinish)
11.4.3. Industrial
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 Waterbased Coatings Market Size and Volume Forecast by Type
11.7.1. Resin - Acrylic (Styrene Acrylic)
11.7.2. Formaldehyde
11.7.3. Polyurethane
11.7.4. Alkyds
11.7.5. Epox
11.7.6. Fluoropolymer
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 Waterbased Coatings Demand Share, 2019-2029
12. Asia Pacific Waterbased 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 Waterbased 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 Waterbased Coatings Market Size and Volume Forecast by Application
12.4.1. Building and Construction
12.4.2. Automotive (Automotive OEM and Automotive Refinish)
12.4.3. Industrial
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 Waterbased Coatings Market Size and Volume Forecast by Type
12.7.1. Resin - Acrylic (Styrene Acrylic)
12.7.2. Formaldehyde
12.7.3. Polyurethane
12.7.4. Alkyds
12.7.5. Epoxy
12.7.6. Fluoropolymer
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 Waterbased Coatings Demand Share, 2019-2029
13. Middle East & Africa Waterbased 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 Waterbased 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 Waterbased Coatings Market Size and Volume Forecast by Application
13.4.1. Building and Construction
13.4.2. Automotive (Automotive OEM and Automotive Refinish)
13.4.3. Industrial
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 Waterbased Coatings Market Size and Volume Forecast by Type
13.7.1. Resin - Acrylic (Styrene Acrylic)
13.7.2. Formaldehyde
13.7.3. Polyurethane
13.7.4. Alkyds
13.7.5. Epoxy
13.7.6. Fluoropolymer
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 Waterbased Coatings Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Waterbased Coatings Market: Market Share Analysis
14.2. Waterbased Coatings Distributors and Customers
14.3. Waterbased 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. Asian Paints
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kansai Paint
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. The Valspar Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Conren
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ICA Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Altana AG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Axalta Coating Systems Ltd.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. PPG Industries
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sherwin-Williams Company
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. NIPSEA GROUP
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Kansai Nerolac Paints Limited.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hebei Chenyang Industry & Trade Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. SKK Pte. Ltd
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