Press release
Water Based Coating Market Update Report 2024 | Industry Trends, Demand, Leading Companies, Application, Region and Forecast, 2023-2032
Water Based Coating Market
ππ¨π°π§π₯π¨ππ πππ¦π©π₯π πππ ππ¬ π¨π πππ¬πππ«ππ‘ ππ―ππ«π―π’ππ°:
https://www.alliedmarketresearch.com/request-sample/35848
Water-based coatings (also known as waterborne coatings) are coatings or paints that use water as the main solvent or carrier, rather than traditional organo-solvents. Water-based coatings have become increasingly popular in recent years because of their low levels of VOCs and low environmental impact compared to other types of coatings. Water acts as a medium that suspends pigments and binders and additives, making it easy to apply and dry. During the drying process, the water evaporates, leaving a solid film of coating material behind. Water-based coating is used in a variety of industries, including architecture, automotive, industrial, and furniture.
The global water-based coating market is attributed to the growth factor, including the lucrative use of the water-based coating in various end-use industries, the growing infrastructural development, and the rise in demand for environmentally friendly coating. On the other hand, the high production cost of water-based coatings limits the market growth to some extent. Furthermore, technological advancements provided a significant opportunity for the water-based coating market.
Based on resin type, the acrylic segment held the highest market share in 2022, accounting for nearly one-third of the global water-based coating market and is expected to maintain its leadership status throughout the forecast period. This is due to the increasing focus on sustainability and environmental regulations. Acrylic-based water-based coatings have lower volatile organic compound (VOC) content as compared to solvent-based coatings, making them more environmentally friendly and compliant with stringent regulations. However, the epoxy segment would portray the fastest CAGR of 5.5% from 2023 to 2032. Epoxy water-based coatings have experienced significant growth in the coating industry, driven by several key drivers and trends. These drivers and trends contribute to the increased adoption and demand for epoxy in water-based coatings. Epoxy is renowned for its exceptional performance properties, including high adhesion, durability, and chemical resistance.
πππ§π ππ¨ πππππ¬π¬ ππ‘π πππππ’π¬ππ’πππ₯ ππππ ππ§π ππ«ππ©π‘π¬, πππ² ππ₯ππ²ππ«π¬' πππ«ππππ π’ππ¬:
https://www.alliedmarketresearch.com/water-based-coating-market/purchase-options
Based on application, the building and construction held the highest market share in 2022, accounting for nearly two-fifths of the global water-based coating market and is projected to maintain its lead position throughout the forecast period. This is due to the increasing emphasis on sustainable and environmentally friendly construction practices. However, the automotive segment is projected to grow at the fastest CAGR of 5.4% from 2023 to 2032. Due to the growing emphasis on sustainability and environmental responsibility in the automotive industry. Water-based coatings offer a lower environmental impact as compared to solvent-based coatings, as they contain reduced levels of volatile organic compounds (VOCs) and hazardous air pollutants.
Based on region, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for nearly half of the global water-based coating market and is projected to maintain its dominance by 2032. The same region would also showcase the fastest CAGR of 5.3% from 2023 to 2032. The use of water-based coatings in the Asia-Pacific region is driven by several factors, making it a significant and trending choice for various industries. Many countries in the Asia-Pacific region have implemented government initiatives and regulations to promote sustainable practices and reduce environmental impact. These initiatives often include regulations on VOC emissions and environmental standards for coatings.
πππππ’π§π πππ«π€ππ ππ₯ππ²ππ«π¬: -
AkzoNobel N.V.
PPG Industries
Asian Paints
Teknos Group
BASF SE
Hempel A/S
Jotun
Arkema
Benjamin Moore & Co., Inc.
Sika AG
Browse Full Report Summary:
https://www.alliedmarketresearch.com/water-based-coating-market-A35374
The report provides a detailed analysis of these key players in the global water-based coating market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
ππ’π¦π’π₯ππ« πππ©π¨π«ππ¬:
Water Treatment Technology Market: Global Opportunity Analysis and Industry Forecast, 2020-2030
https://www.alliedmarketresearch.com/water-treatment-technology-market
Bottled Water Market: Global Opportunity Analysis and Industry Forecast, 2022-2031
https://www.alliedmarketresearch.com/bottled-water-market
Water Treatment Chemicals Market: Global Opportunity Analysis and Industry Forecast, 2020-2027
https://www.alliedmarketresearch.com/water-treatment-chemicals-market
Water Treatment Equipment Market: Global Opportunity Analysis and Industry Forecast, 2023-2032
https://www.alliedmarketresearch.com/water-treatment-equipment-market
Water Softeners Market: Global Opportunity Analysis and Industry Forecast, 2018 - 2025
https://www.alliedmarketresearch.com/water-softeners-market
Waterproofing Products Market: Global Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/waterproofing-products-market-A31432
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Contact:
David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Water Based Coating Market Update Report 2024 | Industry Trends, Demand, Leading Companies, Application, Region and Forecast, 2023-2032 here
News-ID: 3483938 • Views: β¦
More Releases from Allied Market Research
Armed for Advancement : Unveiling the $14.15 Billion Global Small Arms Market Fo β¦
Allied Market Research published a report, titled, "Small Arms Market by Type, Action End Use Sector, and Region. By Type, (Pistol, Shotgun, Revolver, and Others). Based on Action (Automatic and Semi-Automatic). By End Use Sector (Civil & Commercial and Defense). Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global small arms industry generated $8.42 billion in 2022, and is anticipated to generate $14.15 billion by 2032,β¦
Flexible Battery Market Analysis, Trends, Top Manufacturers, Share, Growth, Stat β¦
Allied Market Research published an exclusive report, titled, "Flexible Battery Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Voltage, by Rechargeability, by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032".
Global Flexible Battery Market was valued at $0.17 billion in 2022 and is projected to reach $1.5 billion by 2032, growing at a CAGR of 24.9% from 2023 to 2032.
Download Research Report Sample & TOC :β¦
Industry 5.0 Market Size is Expected to Reach $637.4 Billion by 2032
Allied Market Research published an exclusive report, titled, "Industry 5.0 Market Size, Share, Competitive Landscape and Trend Analysis Report by Technology, by End-Use Vertical : Global Opportunity Analysis and Industry Forecast, 2023-2032".
The Global Industry 5.0 Market was valued at $129.1 billion in 2022, and is projected to reach $637.4 billion by 2032, growing at a CAGR of 17.3% from 2023 to 2032.
Download Research Report Sample & TOC : https://www.alliedmarketresearch.com/request-sample/A313229
Industry 5.0β¦
Leak Detection Market Growth, Latest Trends, Competitive Scenario, and Regional β¦
Allied Market Research published an exclusive report, titled, "Leak Detection Market by Technology (Acoustic/Ultrasound, Fiber Optic, Pressure-flow Deviation Methods, Mass/Volume Balance, Thermal Imaging, and Others) and End User (Oil and Gas, Chemical Plants, Water Treatment Plants, Thermal Power Plants, Mining and Slurry, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032".
The Global Leak Detection Market was valued at $4.7 billion in 2022, and is projected to reach $8.2 billion byβ¦
More Releases for Water
water bikes market, global water bikes market, water bikes industry, water bike β¦
Prominent water bike manufacturers are focussing on product innovations for experience of the consumer and for that, strategic analysis, collaborations and mergers, joint acquisitions, product launched are done by these manufacturers for taking care of their leading positions in the water bikes industry.
Key Developments in Water Bikes Industry
In January 2020, Worldβs first hydro e-bike named as Hydrofoiler-XE1 by Manta 5 was launched. The bike doesnβt have wheels and instead itβ¦
Mobile Water Treatment SystemsΒ market-Veolia Water Technologies, GE Water, Evoq β¦
Garner Insights recently released Global Mobile Water Treatment SystemsΒ Market research study with over 100 industry informative desk and Figures stretched through Pages and self-explanatory detailed TOC on βMobile Water Treatment SystemsΒ Marketβ.
Global Mobile Water Treatment SystemsΒ market 2019 research assists you to attain positive growth and try out different methods for maximizing your profit. The market study gives estimates for Global Mobile Water Treatment SystemsΒ Market 2019 analysis and Forecast till 2025. Someβ¦
Water Network Management, Water Network Management trends, Water Network Managem β¦
MarketStudyReport.com adds a new 2018-2023 Global Water Network Management Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
This report presents a comprehensive overview, market shares, and growth opportunities of by Water Network Management product type, application, key manufacturers and key regions. Over the next five years, Water Network Management willβ¦
Bailley Drinking Water β Healthy Water β Safe Water
-Although water covers 70% area of Earth and it is the most necessary element for the survival, yet it is not available in abundance for drinking. Thus, Bailley turns out to be supplying high quality drinking water across India since its launch in 1993. Bailley packaged water is bottled in 52 state-of-the-art plants across India. Targeting various category of consumers & occasions, Bailey Water Bottle is satisfying their needs. Thereβ¦
Mobile Water Treatment Market presents strong revenue visibility | Evoqua Water β¦
Global Info Reports render to you profound details in respect to leading participants, regions, application and type of the Mobile Water Treatment Market which is estimated to encounter substantial growth over the forecast period 2018-2025.
Market Outlook:
The market report based on our unique research methodology delivers thorough analytical scrutiny of the Global Mobile Water Treatment Market dispersed across several segments. The report also consists of current size and summary of theβ¦
Bottled Water Market Report by Product Type - Spring Water, Purified Water, Mine β¦
FACT.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled βBottled Water Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022β has been added to the wide online database of FACT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regionalβ¦
