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Global Waterborne Coatings Market to Grow at a CAGR of 4.80% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Waterborne Coatings Market 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 11/16/2016 -- Report forecast the global waterborne coatings market to grow at a CAGR of 4.80% during the period 2016-2020.

Waterborne coating is a type of coating, which uses water as a solvent. Water is used as a dispersal agent for resins, thereby making them eco-friendly and easy to use. Water constitutes 80% of the volume of the paint, with traces of other solvents, such as glycol ethers. These coatings are gaining wide application in the US and Western Europe because of their low level of volatile organic carbon (VOC) content. Waterborne coatings are used to enhance the appearance of buildings, fireproofing systems, offices, and factories, as well as to protect them from moisture, ultraviolet (UV) radiation, and microbes.

Paints, primers, lacquers, varnishes, and stains are some of the main types of waterborne coating products. These products are formulated using various types of resins, such as acrylics, alkyds, polyesters, and polyurethanes. Waterborne coatings are further classified as water-soluble paints, emulsion-latex coatings, and water-based alkyd coatings.

The report covers the present scenario and the growth prospects of the global waterborne coatings market for 2016-2020. To calculate the market size, Technavio considers the revenue generated through sales of waterborne coating products for applications in the architecture, general, automotive, wood, coil, marine, and other industries.

The market is divided into the following segments based on geography:
- Americas

According to the report, Despite the performance limitations of waterborne coatings, they are gaining demand in the market owing to these stringent regulations. New product developments and innovations are enabling the emergence of eco-friendly coatings, which are temperature and heat resistant and suitable for end-use industries, such as architecture, marine, wood, and automotive. Thus, the low demand for solvent-free coatings is propelling market growth for waterborne coatings through new coating chemistries and product innovations.

Further, the report states that the global waterborne coatings market is experiencing the introduction of new coating processes that enhance coating efficiency, and thus, reduce the consumption volume of coatings. Growing adoption of specially-designed spray guns with features, such as high-volume-low-pressure and low-pressure-low-volume for waterborne coating applications has led to a decrease in the volume of coatings consumed.

Global Waterborne Coatings Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global waterborne coatings market: Akzo Nobel, Axalta Coating Systems, BASF, PPG Industries, RPM International, and Sherwin-Williams

Other prominent vendors in the market are: Jotun, Kansai Paint, Nippon Paint, Sika, and Valspar.

Market driver
- Decrease in demand for solvent-based coating
- For a full, detailed list, view our report

Market challenge
- Increasing use of new coating process technology
- For a full, detailed list, view our report

Market trend
- Growing consumption of nanocoatings
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 67 pages and 57 Exhibits "Global Waterborne Coatings Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Market segmentation by end-use industry, Market segmentation by geography, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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