Waterborne Coatings Market – Global Industry Size, Share, Growth and Forecast 2014 to 2021
A new report on Waterborne Coatings Market has been added by DecisionDatabases.com. The study “Waterborne Coatings:Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2021” is designed to give a comprehensive overview of the Waterborne Coatings market segment.
Waterborne coatings are glycol and ether containing solvents. These coatings contain almost 80 percent solvents and are thus known as waterborne coatings. Waterborne coatings are extensively used over volatile organic compounds (VOC) containing coatings which pose to human health and the environment. Waterborne coatings provide efficient properties like stain resistance, resistance to toxicity, adhesion, hardness and corrosion resistance. Waterborne coatings are used as vanishes for windows and for decorating interiors and exteriors of residential as well as commercial properties.
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Waterborne coatings market report is analyzed and segmented on the basis of application and type. Applications bifurcate global waterborne coatings market into protective, wood, marine, packaging, coil, architectural, automotive, general industrial and others. Further this market is segmented by type as alkyd, epoxy, polyurethane, acrylic, polyester and others. Architectural and automotive are the fastest growing application segments of global waterborne coatings market. Acrylics are most prominent type of global waterborne coatings market propelling high market growth. Acrylic containing waterborne coatings is widely used in paints and coatings for walls and interior decorating purposes. Rapid demand for VOC free interior paints globally significantly augments the growth of this market.
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High demand for waterborne coatings from construction and architectural and automotive industry rapidly boosts the growth of this market. In addition, significant growth wood, marine and packaging industry further fuels the growth of this market. Moreover, increased consumer spending on interior modeling coupled with increase in per capita income of middle class consumers around the globe remarkably surges the growth of this market. Extensive use of waterborne coatings over VOC based coatings will further open key opportunities for this market during the forecast. Viscosity issues related with waterborne coatings will hamper market growth to some extent
Best Region Of Market :
Europe is the most dominating region of this market with rapid market growth. Asia pacific follows Europe and is the second most prominent region of this market, Stringent regulations in Europe regarding use of VOC free wall finishes highly propels the growth of this market. Rapid growth of construction industry and infrastructure development in major economies like India, China and Indonesia support the fast growth of Asia Pacific region. Key players of this market are Akzo Nobel NV, BASF, Berger Paints India Ltd, Axalta, Nippon Paint Holdings Company Ltd, Kansai Paint Company Ltd., PPG Industries Inc., The Sherwin-Williams Company, Tikkurila Oyj, RPM International and The Valspar Corporation.
SEGMENTATIONS IN REPORT :
A. Waterborne Coatings Market Analysis By Type :
B. Waterborne Coatings Market Analysis By Applications :
3. General Industrial
More Related Report :
Global Anti-reflective Coatings Market Research Report
Anti-reflective coatings are types of optical coating applied to reduce reflection on the surfaces of lenses and other optical devices. It is used widely in various applications through which light passes on optical surface and where low reflection is necessary.
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