Water-based Coatings Market – Changing Supply And Demand Scenarios By 2025

Water-based coatings have water as solvent or liquefying agent to disperse all the elements of coating such as resin. polyvinyl ethers, polyurethane, or Polyacrylate resins are utilized as binders in water-based coatings. These coatings are used for enclosed areas and do not cause any harmful emissions. Usage of water as a solvent makes them eco-friendly as compared to other solvent coating systems such as solvent-borne coatings or powder coatings. In case of water-based coatings, (VOCs) Volatile Organic Compounds are present in lower quantities thereby, producing very less atmospheric emissions. Additionally, they retain good resistance to heat and abrasion. These factors led to exponential growth of water-based coatings market over the past few terms.

In other words, the water-based coatings contain about near about 75-85% of water with lesser quantities of solvents such as glycol ethers or polyacrylate. They possess excellent resistance to heat and abrasion and offers excellent adhesion to the substrate.

Get PDF with Technological trends at : https://www.xpodenceresearch.com/Request-Sample/106934

The water-based coating market is primarily driven by the growing demand from major end-use or application industries such as automotive, building & construction, and electronics amongst others. The building & construction industry holds a major share of the market in terms of both value and volume, followed by the automotive industry. These coatings are used primarily in the construction activities for waterproofing, damp proofing, crack filling, plaster additive, screed compound, and others. The increasing demand for better physical infrastructures and increasing need for housing coupled with the higher rate of population growth are likely to propel the growth of the market.

The water-based coatings market is segmented primarily on the basis of resin type, end-use, and geography. In segment of resin type, epoxy, acrylic, formaldehyde, polyurethane, alkyds, and others are segmented into which the water-based coatings market is fragmented. By revenue cycle, acrylic segment is the foremost attractive segment of the water-based coatings market. As acrylic coatings are widely used in architectural coatings, construction of residential and commercial buildings will augur sound for the segment. Nevertheless, polyurethane is estimated to emerge as lucrative as the usage of polyurethane is expected to be on the upswing. On the contrary, the formaldehyde segment shows lackluster progress as formaldehyde is affiliated with VOC emissions.

Obtain Report Details with technological advancement at : https://www.xpodenceresearch.com/Reports/Water-based-Coatings-Market

Major companies operating in the water-based coatings market are Akzo Nobel NV, PPG Industries, and Sherwin-Williams Company. Some other companies to name are BASF SE, Asian Paints Limited, Kansai Paint Co. Ltd., Axalta Coating Systems Ltd., Altana AG, Nerolac paints Limited, Schmid Rhymer AG, NIPSEA Group, SKK Pte. Ltd., and Hebei Chenyang Industry & Trade Group Co. Ltd.

About Us:

Xpodence Research is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe.

We offer the comprehensive market research solution for all the industries by performing the in-depth study of industry trends, verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specific requirements.

The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods,Food & Beverage and others demands a market-based solutions for various significant decisions based on productivity and output globally. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production.

Contact Us:

244 , Madison Avenue
New York City, NY – 10016
United States

Toll Free : +1-844-445-2861

Email    : sales@xpodenceresearch.com

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.