Pune, India -- (SBWIRE) -- 10/15/2018 -- Segmentation
The Global Water-Based Coatings Market is segmented on the basis of the Product Type, Resin Type, End-Use Industries and Region.
On the basis of the Product Type, the Global Water-Based Coatings Market is categorized into water-soluble paints, colloidal coatings, emulsions/latex paints, and water-based alkyds.
Based on the Resin Type, the Global Water-Based Coatings Market is segregated as acrylic, formaldehyde, polyurethane, alkyds, epoxy, and others.
The End-User Industries segment of the Global Water-Based Coatings Market is further segmented into building & construction, automotive, electronics, marine, paper & packaging, and others.
Geographically, the Global Water-Based Coatings Market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
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Regional Analysis
The Global Water-Based Coatings Market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The Asia Pacific is anticipated to dominate the Global Water-Based Coatings Market due to the growing demand from the construction and automotive sector. Moreover, the demand for efficient electronics along with the changing lifestyle is likely to drive the market growth.
The high demand for Water-Based Coatings from the construction, automotive, and electronics sectors drives the market of the North American region.
The European market is primarily driven by the demand for robust infrastructural development and automotive industries in Western Europe.
The Latin American market is mainly driven by the growing automotive sector in Mexico.
Lastly, the Middle East & Africa is anticipated to showcase a significant growth on account of increasing demand from the infrastructural activities in countries such as Saudi Arabia, the UAE, and others.
Key Players
Some of the prominent manufacturers in the global water-based coatings market are AkzoNobel N.V. (Netherlands), Axalta Coating Systems (U.S.), BASF SE (Germany), Berger Paints India Limited (India), Kansai Paint Co.,Ltd. (Japan), Nippon Paint Company Limited (Japan), PPG Industries Inc. (U.S.), Rpm International Inc. (U.S.), The Sherwin-Williams Company (U.S.), asian paints (India), The Valspar Corporation (U.S.), Tikkurila Oyj (Finland), Chenyang Waterborne Paint (China), Jotun (Norway), and Sika AG (Switzerland).
Intended Audience
Water-based coatings Manufacturers
Traders and distributors of water-based coatings
Research and development institutes
Potential investors
Raw material suppliers
Nationalized laboratory
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