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Global Waterborne Coatings Market to 2027: Trends, Opportunities and Competitive Analysis

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    Report

  • 211 Pages
  • June 2022
  • Region: Global
  • Lucintel
  • ID: 5691814
The future of the global waterborne coatings market looks promising with opportunities in in architectural, general industrial, automotive, packaging, protective, wood, marine, coil, and others. The waterborne coatings market is expected to reach an estimated $119.3 billion by 2027 with a CAGR of 6.1% from 2021 to 2027. The major drivers for this market are growth in the construction industry, and increasing renovation activities, and stringent environmental regulations leading to the use of solvent-free formulations.

Emerging Trends in the Waterborne Coatings Market

Emerging trends, which have a direct impact on the dynamics of the industry, include the development of nanoparticles waterborne coatings for improving the performance and development of polythiophene waterborne coatings for steel.

Waterborne Coatings Market by Segment

The study includes a forecast for the global waterborne coatings market by application, resin, solubility, and region as follows:

Waterborne Coatings Market by Application [Value ($B) and Volume (Billion Pounds) shipment analysis for 2016-2027]:

  • Architectural
  • General Industrial
  • Automotive
  • Packaging
  • Protective
  • Wood
  • Marine
  • Coil
  • Others

Waterborne Coatings Market by Resin [Value ($B) and Volume (Billion Pounds) shipment analysis for 2016-2027]:

  • Acrylic Based Waterborne Coatings
  • Alkyd Based Waterborne Coatings
  • Polyurethane Based Waterborne Coatings
  • Polyester Based Waterborne Coatings
  • Epoxy Based Waterborne Coatings
  • Other

Waterborne Coatings Market by Solubility [Value ($B) and Volume (Billion Pounds) shipment analysis for 2016-2027]:

  • Soluble
  • In-Soluble

Waterborne Coatings Market by Region [Value ($B) and Volume (Billion Pounds) analysis for 2016-2027]:

  • North America
  • USA
  • Mexico
  • Canada
  • Europe
  • Germany
  • Russia
  • UK
  • Italy
  • France
  • Spain
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • The Rest of the World
  • Turkey
  • Saudi Arabia
  • Brazil

List of Waterborne Coatings Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies waterborne coatings companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the waterborne coatings companies profiled in this report includes.
  • Akzo Nobel
  • PPG
  • Valspar Corporation
  • Axalta Coatings Systems
  • Sherwin Williams

Waterborne Coatings Market Insight

  • The analyst forecasts that the protective application segment is expected to show above average growth during the forecast period.
  • Architectural application segment is expected to remain the largest market. Economic development in Asia Pacific, particularly China and India, has presented opportunities for waterborne coatings in the construction industry, which would spur growth for this segment over the forecast period
  • Asia Pacific is expected to remain the largest market due to an increase in the construction activity and rapid growth in automotive production in China, India, and Japan

Features of Waterborne Coatings Market

  • Market Size Estimates: Waterborne coatings market size estimation in terms of value ($B) and volume (Billion Pounds)
  • Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
  • Segmentation Analysis: Market size by application, resin, and solubility
  • Regional Analysis: Waterborne coatings market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different application, resin, solubility, and regions for the waterborne coatings market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the waterborne coatings market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQS

Q1. What is the waterborne coatings market size?
Answer: The global waterborne coatings market is expected to reach an estimated $119.3 billion by 2027
Q2. What is the growth forecast for waterborne coatings market?
Answer: The waterborne coatings market is expected to grow at a CAGR of 6.1% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the waterborne coatings market?
Answer: The major drivers for this market are growth in the construction industry, and increasing renovation activities, and stringent environmental regulations leading to the use of solvent-free formulations.
Q4. What are the major applications or end use industries for waterborne coatings?
Answer: Architectural are the major application for waterborne coatings.
Q5. What are the emerging trends in waterborne coatings market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include the development of nanoparticles waterborne coatings for improving the performance and development of polythiophene waterborne coatings for steel.
Q6. Who are the key waterborne coatings companies?
Answer: Some of the key waterborne coatings companies are as follows:
  • Akzo Nobel
  • Valspar Corporation
  • Sherwin Williams
  • PPG
  • Axalta Coatings Systems
Q7. In waterborne coatings market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness good growth over next 5 years
Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% customization without any additional cost.

This report answers the following 11 key questions

Q.1 What are some of the most promising potential, high growth opportunities for the global waterborne coatings market by application (architectural, general industrial, automotive, packaging, protective, wood, marine, coil and others), resin (acrylic, alkyd, polyurethane, polyester, epoxy and others), solubility (soluble and insoluble), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities have taken place in the last 5 years in this market?


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Table of Contents

1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2016 to 2027
3.1: Macroeconomic Trends (2016-2021) and Forecast (2022-2027)
3.2: Global Waterborne Coatings Market Trends (2016-2021) and Forecast (2022-2027)
3.3: Global Waterborne Coatings Market by Application
3.3.1: Architectural
3.3.2: General Industrial
3.3.3: Automotive
3.3.4: Packaging
3.3.5: Protective
3.3.6: Wood
3.3.7: Marine
3.3.8: Coil
3.3.9: Others
3.4: Global Waterborne Coatings Market by Resin
3.4.1: Acrylic
3.4.2: Alkyd
3.4.3: Polyurethane
3.4.4: Polyester
3.4.5: Epoxy
3.4.6: Others
3.5: Global Waterborne Coatings Market by Solubility
3.5.1: Soluble
3.5.2: Insoluble
4. Market Trends and Forecast Analysis by Region from 2016 to 2027
4.1: Global Waterborne Coatings Market by Region
4.2: North American Waterborne Coatings Market
4.2.1: Market by Application: Architectural, General Industrial, Automotive, Packaging, Protective, Wood, Marine, Coil, and Others
4.2.2: Market by Resin: Acrylic, Alkyd, Polyurethane, Polyester, Epoxy, and Others
4.2.3: United States Waterborne Coatings Market
4.2.4: Canadian Waterborne Coatings Market
4.2.5: Mexican Waterborne Coatings Market
4.3: European Waterborne Coatings Market
4.3.1: Market by Application: Architectural, General Industrial, Automotive, Packaging, Protective, Wood, Marine, Coil, and Others
4.3.2: Market by Resin: Acrylic, Alkyd, Polyurethane, Polyester, Epoxy, and Others
4.3.3: German Waterborne Coatings Market
4.3.4: Russian Waterborne Coatings Market
4.3.5: United Kingdom Waterborne Coatings Market
4.3.6: Italian Waterborne Coatings Market
4.3.7: French Waterborne Coatings Market
4.3.8: Spanish Waterborne Coatings Market
4.4: APAC Waterborne Coatings Market
4.4.1: Market by Application: Architectural, General Industrial, Automotive, Packaging, Protective, Wood, Marine, Coil, and Others
4.4.2: Market by Resin: Acrylic, Alkyd, Polyurethane, Polyester, Epoxy, and Others
4.4.3: Chinese Waterborne Coatings Market
4.4.4: Indian Waterborne Coatings Market
4.4.5: Japanese Waterborne Coatings Market
4.4.6: South Korean Waterborne Coatings Market
4.4.7: Australian Waterborne Coatings Market
4.5: ROW Waterborne Coatings Market
4.5.1: Market by Application: Architectural, General Industrial, Automotive, Packaging, Protective, Wood, Marine, Coil, and Others
4.5.2: Market by Resin: Acrylic, Alkyd, Polyurethane, Polyester, Epoxy, and Others
4.5.3: Brazilian Waterborne Coatings Market
4.5.4: Turkish Waterborne Coatings Market
4.5.5: Saudi Arabian Waterborne Coatings Market
5. Competitor Analysis
5.1: Market Share Analysis
5.2: Product Portfolio Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Waterborne Coatings Market by Application
6.1.2: Growth Opportunities for the Global Waterborne Coatings Market by Resin
6.1.3: Growth Opportunities for the Global Waterborne Coatings Market by Solubility
6.1.4: Growth Opportunities for the Global Waterborne Coatings Market by Region
6.2: Emerging Trends in the Global Waterborne Coatings Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Waterborne Coatings Market
6.3.3: Mergers and Acquisitions, and Joint Ventures in the Global Waterborne Coatings Industry
7. Company Profiles of Leading Players
7.1: Akzo Nobel
7.2: Valspar Corporation
7.3: Sherwin Williams
7.4: PPG
7.5: Axalta Coatings Systems

Companies Mentioned

  • Akzo Nobel
  • Valspar Corporation
  • Sherwin Williams
  • PPG
  • Axalta Coatings Systems

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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