Market Overview:
The global waterborne coating market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for waterborne coatings from various end-use industries, such as residential, commercial, and industrial. In terms of type, the smooth segment is projected to lead the global waterborne coating market during the forecast period 2018-2030. This can be attributed to its properties such as high gloss finish and resistance against scratches and fading. In terms of application, the commercial segment is projected to lead the global waterborne coating market during the forecast period 2018-2030.
Product Definition:
A waterborne coating is a type of coating that is applied to a surface using water as the carrier. Waterborne coatings are typically less toxic and more environmentally friendly than other types of coatings, and they can be used on a variety of surfaces.
Smooth:
Smooth is a water-based coating, which has been used for centuries in the form of wax. It is also known as carnauba wax or Brazilian wax. The product consists of fatty acids and glycerin, making it an organic compound. These properties make it suitable to be used as a base material for polishes and paints in various end-use industries such as automotive, furniture, construction equipment etc.
Sand:
Sand is a naturally occurring granular material composed of quartz and other minerals. Sand can be used as an abrasive, absorbent, filtration aid, and in the production of glass. It’s most commonly used in waterborne coating industry as it has high content of silt and clay which helps to reduce flaking when applied over wood or any other porous surface.
Application Insights:
The global demand for GWBC is expected to witness growth owing to its use in residential, commercial and industrial applications. In terms of revenue, the residential segment dominated the market with a share of over 60% in 2017. The rising population across various regions is anticipated to be one of the key factors driving product demand from this application segment over the forecast period.
Rising awareness regarding waterborne coatings among consumers pertaining to their benefits coupled with an increase in spending capacity are likely to drive consumer goods industry expansion activities thereby augmenting product consumption from this application sector over the forecast period.
The commercial construction sector was another major end-use industry for GWBC as it finds extensive usage there as they offer superior resistance against chemical, abrasion and heat which makes them ideal for pipes etc.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of the overall revenue in 2017 owing to high product demand from residential, commercial and industrial sectors. China, India, Japan are some of the major countries that contributed significantly towards regional growth.
The industry in Europe is anticipated to grow at a moderate pace during the forecast period due to stringent environmental regulations by various regulatory bodies such as ECHA, EPA etc., which have slowed down industrialization processes compared with other regions.
North America emerged as one of the prominent markets with U S A being one of its key contributors along with Mexico.
Growth Factors:
- Increasing demand from the end-use industries such as automotive, construction, and marine is expected to drive the growth of waterborne coatings market over the forecast period.
- Rising awareness about environment-friendly products is projected to fuel the demand for waterborne coatings in near future.
- Growing investments in R&D activities by key players is likely to result in introduction of new and innovative products in waterborne coatings market over the next few years.
- Rapid industrialization and urbanization across emerging economies are anticipated to create lucrative opportunities for waterborne coating manufacturers in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Waterborne Coating Market Research Report
By Type
Smooth, Sand, Coarse, Others
By Application
Residential, Commercial, Industrial
By Companies
Akzonobel, Nippon Paint Group, PPG Paints, USG, Berger Paints, Asian Paints, California Paints, DuluxGroup, Kalyani Enterprises, Kansai Nerolac Paints, SEAL-KRETE, Al-Jazeera Paints Company, National Paints, Spctra Texture Wall Coating, BSC Paints Pvt Ltd, Ultratech Texture Paints, Spontex Coating Chemicals, Wasser Polymer
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Waterborne Coating Market Report Segments:
The global Waterborne Coating market is segmented on the basis of:
Types
Smooth, Sand, Coarse, 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
Residential, Commercial, Industrial
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:
- Akzonobel
- Nippon Paint Group
- PPG Paints
- USG
- Berger Paints
- Asian Paints
- California Paints
- DuluxGroup
- Kalyani Enterprises
- Kansai Nerolac Paints
- SEAL-KRETE
- Al-Jazeera Paints Company
- National Paints
- Spctra Texture Wall Coating
- BSC Paints Pvt Ltd
- Ultratech Texture Paints
- Spontex Coating Chemicals
- Wasser Polymer
Highlights of The Waterborne Coating 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:
- Smooth
- Sand
- Coarse
- Others
- By Application:
- Residential
- Commercial
- Industrial
- 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 Waterborne Coating 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?
Waterborne coating is a type of paint that is applied to surfaces by spraying or brushing. It's made up of a water-soluble base and a water-repellent finish. This type of coating can be used on metal, plastic, and other materials.
Some of the major players in the waterborne coating market are Akzonobel, Nippon Paint Group, PPG Paints, USG, Berger Paints, Asian Paints, California Paints, DuluxGroup, Kalyani Enterprises, Kansai Nerolac Paints, SEAL-KRETE, Al-Jazeera Paints Company, National Paints, Spctra Texture Wall Coating, BSC Paints Pvt Ltd, Ultratech Texture Paints, Spontex Coating Chemicals, Wasser Polymer.
The waterborne coating market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Waterborne Coating 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. Waterborne Coating Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Waterborne Coating Market - Supply Chain
4.5. Global Waterborne Coating Market Forecast
4.5.1. Waterborne Coating Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Waterborne Coating Market Size (000 Units) and Y-o-Y Growth
4.5.3. Waterborne Coating Market Absolute $ Opportunity
5. Global Waterborne Coating 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. Waterborne Coating Market Size and Volume Forecast by Type
5.3.1. Smooth
5.3.2. Sand
5.3.3. Coarse
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Waterborne Coating 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. Waterborne Coating Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.3.3. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Waterborne Coating 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. Waterborne Coating 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 Waterborne Coating 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. Waterborne Coating 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 Waterborne Coating Demand Share Forecast, 2019-2026
9. North America Waterborne Coating 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 Waterborne Coating 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 Waterborne Coating Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.4.3. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Waterborne Coating Market Size and Volume Forecast by Type
9.7.1. Smooth
9.7.2. Sand
9.7.3. Coarse
9.7.4. 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 Waterborne Coating Demand Share Forecast, 2019-2026
10. Latin America Waterborne Coating 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 Waterborne Coating 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 Waterborne Coating Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.4.3. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Waterborne Coating Market Size and Volume Forecast by Type
10.7.1. Smooth
10.7.2. Sand
10.7.3. Coarse
10.7.4. 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 Waterborne Coating Demand Share Forecast, 2019-2026
11. Europe Waterborne Coating 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 Waterborne Coating 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 Waterborne Coating Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.4.3. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Waterborne Coating Market Size and Volume Forecast by Type
11.7.1. Smooth
11.7.2. Sand
11.7.3. Coarse
11.7.4. 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 Waterborne Coating Demand Share, 2019-2026
12. Asia Pacific Waterborne Coating 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 Waterborne Coating 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 Waterborne Coating Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.4.3. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Waterborne Coating Market Size and Volume Forecast by Type
12.7.1. Smooth
12.7.2. Sand
12.7.3. Coarse
12.7.4. 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 Waterborne Coating Demand Share, 2019-2026
13. Middle East & Africa Waterborne Coating 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 Waterborne Coating 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 Waterborne Coating Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.4.3. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Waterborne Coating Market Size and Volume Forecast by Type
13.7.1. Smooth
13.7.2. Sand
13.7.3. Coarse
13.7.4. 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 Waterborne Coating Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Waterborne Coating Market: Market Share Analysis
14.2. Waterborne Coating Distributors and Customers
14.3. Waterborne Coating Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Akzonobel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nippon Paint Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. PPG 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. USG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Berger Paints
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Asian Paints
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. California 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. DuluxGroup
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kalyani Enterprises
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kansai Nerolac Paints
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SEAL-KRETE
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Al-Jazeera Paints Company
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. National Paints
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Spctra Texture Wall Coating
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. BSC Paints Pvt 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. Ultratech Texture Paints
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Spontex Coating Chemicals
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Wasser Polymer
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
