The global Waterborne Coatings Market was valued at $65.68Billion in 2017 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2025, culminating in 2025 global sales of $78.2Billion.
The waterborne coating is a solvent which using water to disperse the resin added to create a coating which consists of 80 percent water & 20 percent glycol ethers. It uses in many applications like automobile, concrete, furniture, wood, plastic. Waterborne coatings aim is to make the coating or paint easy to apply & also be an eco-friendly product. Waterborne coatings are widely used due to their low content. Waterborne coatings containa water-soluble resin which has many qualities like high gloss, wetting & Stabilization, good pigmentation, good resistance to heat & abrasion, good flow leveling properties, low toxicity.
“Optimal Price Point (OPP) for Waterborne Coating”
Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On an average, in the China Waterborne Coating materials are available at USD xxx- USD xxxx. However, the high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.
Waterborne Coatings Market “by Key Resin Categories”
We have segmented the Waterborne Coatingbased on Key Resin Categories as Acrylic, PU, Epoxy, Alkyd, Polyester, PTFE, PVDC, PVDF.
We have observed the significant growth of waterborne categories by acrylic resin used in interior & exterior latex paints, better stain protection, better adhesion which drives the market growth during the forecast period.
Waterborne Coatings Market by“Application”
We have segmented the Waterborne Coating market based on Application are Architectural, General Industrial, Automotive OEM, Metal Packaging, Protective Coatings, Automotive Refinish, Industrial Wood, Marine, Coil, Others.
We have observed the significant use of waterborne coatings in an architectural application like window frames, door, interior & exterior in residential &non-residential sectors which drives the market growth over the forecast period.
Europe accounted for the maximum revenue share of over xx% in 2017 due to increased demand of Waterborne Coatings market followed by EU- Top 5 countries contribute $X.6 Billion in 2017 and expected to reach $x.5 Billion by 2023.
The key regions analyzed in the study include North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. In 2017, Asia Pacific held the largest share for Waterborne Coatings market due to the demand for infrastructure, housing, development. The Asia Pacific is expected to have the highest growth due to China & this would be followed by Europe.
Expanding Residential, Nonresidential buildings, growth in civil constructions with the increasing populations generates a demand for Waterborne Coatings. We are observing that Waterborne Coatings is a good option as it can create a good impact for construction, marine, industrial sectors
“Competitive Landscape “and “Merger & Acquisition Insights”
The key market participants include RPM International, Sherwin-Williams, Kansai Paint Company Ltd, The Valspar Corporation, PPG Industries Inc, Nippon Paint Holding Company Ltd, Berger Paints India Ltd, Nobel NVare few major players in Waterborne Coating markets. The market of Waterborne Coatings is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovation& new product development are a major focus area for dominant companies.
Waterborne Coating Market by key Resin Categories (Revenue, Million, 2014 – 2025)
Waterborne Coating Market by Application (Revenue, Million, 2014 – 2025)
- General Industrial
- Automotive OEM
- Metal Packaging
- Protective Coatings
- Automotive Refinish
- Industrial Wood
Waterborne Coatings Market Regional Outlook (Revenue, USD Million, 2014- 2025)
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
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