Global Waterborne Coatings Market Outlook and Forecast 2021-2026: Environmental Regulations Boosting The Demand For VOC-FREE Coatings

Dublin, June 01, 2021 (GLOBE NEWSWIRE) -- The "Waterborne Coatings Market - Global Outlook and Forecast 2021-2026" report has been added to *ResearchAndMarkets.com's* offering.

The global waterborne coatings market by revenue is expected to grow at a CAGR of over 5% during 2020-2026.

The market is expected to witness traction in 2021 after the decline in 2020 due to the COVID-19 pandemic. The market has been highly affected by the coronavirus breakout due to variations in construction businesses and raw material pricing, production of raw materials, and implementation of lockdowns. Increasing pricing pressures and shortage of labor in many countries impacted construction and infrastructure development activities.

However, the effects are expected to short-term in nature. The APAC market is likely to observe the highest growth due to increasing construction and infrastructure activities during the forecast period. In terms of value, China expects to be the largest contributor due to increased investment in construction, marine, and oil & gas industries, rapid industrialization, and foreign investments.

The industry is shifting toward environmental friendliness with water-borne paint and industrial coating products containing water as the solvent to dissolve resins, making them sustainable and easy-to-apply solutions. Moreover, advances in coating technology and stringent regulations toward VOCs have fueled the adoption of water-borne coatings products.

*Insights by Geography*

APAC dominated the global waterborne coatings market and accounted for approx. USD 31 billion in 2020. China, India, and Japan are the largest contributors in the region. The APAC region's growth is driven by foreign investments and a booming manufacturing sector due to low labor costs and easily accessible raw materials.

The growing middle-class population and improving living standards in the region expect to increase the demand for architectural coatings. The rise in environmental friendliness and government investment initiatives toward infrastructure and industrial sectors in India and China are likely to act as the major drivers for the market's growth.

In emerging economies such as India and China, the rapidly growing population also boosts the residential construction sector, influencing the market. Increased foreign direct investments are also anticipated to enhance the market growth. All these factors are driving the growth of the APAC water-borne coatings market.

*Insights by Vendors*

AkzoNobel, PPG Industries, Sherwin- Williams, Axalta, RPM International, and Nippon Paints are major global players.

The market is fragmented and characterized by the presence of a significant number of global and domestic players across geographies. Most prominent players are trying to expand their businesses through a profitable partnership or acquiring small or mid-sized active vendors in that particular region, whereas domestic vendors are capitalizing with product portfolios based on the requirement of that specific region. There have been mergers and acquisitions among many companies over the past decade. Mergers and acquisitions benefit companies in purchasing raw materials and developing the distribution network.

*Other Prominent Vendors*

· Asian Paints Limited
· Nippon Paint Holdings Limited
· Masco Corporation
· Diamond Vogel
· Sacal Paints
· DSM
· DAW SE
· Berger Paints India Ltd
· Cabot Corporation
· Clariant AG
· Eastman Chemical Company
· Tikkurila Group
· Cromology SAS
· Nuplex Industries Limited
· SK Kaken Company Limited
· BASF Coating
· Benjamin Moore
· Dunn Edwards
· Dulux Group
· H.B. Fuller
· Teknos
· Hempel A/S
· Arkema SA
· Jotun
· Tnemec Company Inc.
· Wacker Chemie AG
· Kansai Paint
· KCC Corporation
· NOROO Paint & Coatings
· Premium Coatings and Chemicals
· Fujikura Kasei Company Limited
· Carpoly Chemical Group
· Brillux Gmbh

*Key Topics Covered:*

*1 Research Methodology*

*2 Research Objectives*

*3 Research Process*

*4 Scope & Coverage*
4.1 Market Definition
4.2 Base Year

*5 Report Assumptions & Caveats*
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

*6 Market at a Glance*

*7 Introduction*
7.1 Overview
7.2 Impact Of COVID-19

*8 Frequently Asked Questions*
8.1 At What Rate Will the Waterborne Coatings Market Grow? What Will Be the Value In 2026?
8.2 What Are the Driving Factors of The Water-Borne Coatings Market?
8.3 Can Water-Borne Coatings Be Used As Protective Coatings?
8.4 What Makes Water-Borne Coatings Different From Solvent-Borne Coatings?
8.5 How Does the Water-Borne Coatings Market Vary Across Different Regions?
8.6 Who Are the Key Players In The Water-Borne Coatings Market?
8.7 What Are the Emerging Applications Of Water-Borne Coatings?
8.8 Are All Water-Borne Basecoats the Same Product?
8.9 What Are The Biggest Restraints Of Water-Borne Coatings?

*9 Industry Expert View on Market*

*10 Market Opportunities & Trends*
10.1 Environmental Regulations Boosting The Demand For VOC-FREE Coatings
10.2 Construction and Infrastructure Development
10.3 Increasing Automotive Production
10.4 Rising Home Improvement Activities

*11 Market Growth Enablers*
11.1 High Growth Potential In Emerging Economies
11.2 Growing Demand From Construction Industry

*12 Market Restraints*
12.1 Flow And Viscosity Control Problems
12.2 High Cost Of Raw Materials

*13 Market Landscape*
13.1 Market Overview
13.2 Market Size & Forecast
13.3 Five Forces Analysis

*14 Resin Type*
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Epoxy
14.4 Polyester
14.5 Acrylic
14.6 Polyurethane
14.7 ALKYD
14.8 Others

*15 End-User*
15.1 Market Snapshot & Growth Engine
15.2 Market Overview
15.3 Wood
15.4 Packaging
15.5 General Industrial
15.6 Automotive
15.7 Architectural
15.8 Others

*16 Geography*

For more information about this report visit https://www.researchandmarkets.com/r/ul6x72

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