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Published Date: 2017-01-10Number of Pages: 272

Waterbased Coatings Market (Resin - Acrylic (Styrene Acrylic), Formaldehyde, Polyurethane, Alkyds, Epoxy, and Fluoropolymers; End User - Building and Construction, Automotive (Automotive OEM and Automotive Refinish), Furniture, Electronics, Marine, and Aerospace, Paper and Printing) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Global Waterbased Coatings Market: Snapshot

The global market for water-based coatings has been undergoing a phase of significant transition. The continual increase in building and construction activities is influencing the demand for water-based coatings substantially across the world, reflecting greatly on this market. Although the volatility in the prices of raw materials and the susceptibility of these coatings to environmental conditions may hamper the growth of this market to some extent, the implementation of strict environmental rules and regulations regarding VOC content favoring eco-friendly products is projected to boost the adoption of these coatings remarkably over the next few years.

According to Transparency Market Research (TMR), the opportunity in the global market for water-based coatings crossed US$46.14 bn in 2015. Expanding at a CAGR of 6.40% during the period of 2016 to 2024 the market is projected to reach a value of US$80.36 bn by the end of the forecast period.

waterbased coatings market

Demand for Acrylic Coatings to Remain High

Acrylic, polyurethane, formaldehyde, alkyds, epoxy, and fluoropolymers are the predominant resins available in the global water-based coatings market. Acrylic coatings have been registering a higher demand than other coatings. As acrylic coatings are majorly utilized in architectural coatings, the rising pace of infrastructural development is fueling their demand across the world. With an estimated contribution of US$24.3 bn by 2024, the acrylic coatings segment is expected to remain the market leader by the end of the forecast period.

The demand for polyurethane coatings is also projected to rise considerably over the forecast period, thanks to their increasing usage in furniture coloring. On the other hand, the demand for formaldehyde coatings is likely to decline in the near future due to the growing concerns over the high VOC content, which is dangerous to human health.

Asia Pacific to Retain Leadership in Global Waterbased Coatings Market

Geographically, the global market for water-based coatings is broadly segmented into Asia Pacific, Latin America, the Middle East and Africa, North America, and Europe. Among these, Asia Pacific has acquired the top position in this market, thanks to the rising infrastructural development, coupled with the increasing disposable income of consumers in this region. Expanding at a CAGR of 7.0%, this regional market is likely to retain its leaderships throughout the forecast period. The growing awareness regarding the benefits of eco-friendly coatings are projected to boost this market in the near future. China is anticipated to emerge as the leading consumer of water-based coatings in Asia Pacific over the next few years. On the other hand, the markets for water-based coatings in North America and Europe are projected to report a sluggish rise over the forthcoming years.

BASF SE, Akzo Nobel N.V., Asian Paints, Kansai Paint, The Valspar Corp., Conren, ICA Group, Altana AG, Axalta Coating Systems Ltd., PPG Industries Inc., Sherwin-Williams Co., NIPSEA GROUP, Kansai Nerolac Paints Ltd., Hebei Chenyang Industry & Trade Group Co. Ltd., and SKK Pte. Ltd. are some of the leading producers of water-based coatings across the world.

1. Preface
     1.1. Report Description 
     1.2. Research Scope
     1.3. Market Segmentation
     1.4. Assumptions
     1.5. Research Methodology

2. Executive Summary
     2.1. Global Waterbased coatings Market, Revenue (US$ Mn), 2015–2024
     2.2. Market Snapshot

3. Market Overview
     3.1. Product Overview
     3.2. Key Industry Developments
     3.3. Market Indicators

4. Market Dynamics
     4.1. Driver 1- Increasing construction activities in Asia Pacific
            4.1.1. Driver 2- Increasing construction activities in Asia Pacific
            4.1.2. Restraint 1 – Susceptibility to environmental conditions 
            4.1.3. Restraint 2- Volatility in raw material prices 
            4.1.4. Opportunity 1 – Increasing awareness from automotive sector 
            4.1.5. Opportunity 2- Residential and Commercial is growing at faster rate
     4.2. Porter’s Five Forces Analysis
     4.3. Value Chain Analysis
     4.4. Global Waterbased coatings market Outlook, 2015

5. Market Segmentation- Resin Segment Analysis
     5.1. Global Waterbased coatings market– Resins Analysis
            5.1.1. Acrylic, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024 
                     5.1.1.1. Styrene acrylic, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024 
            5.1.2. Formaldehyde, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024 
            5.1.3. Polyurethane, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            5.1.4. Alkyds , Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            5.1.5. Epoxy , Volume (Kilo tons ) & Revenue (US$ Mn), 2015-2024
            5.1.6 Global Waterbased coatings market for Other Resins, Revenue (US$ Mn), 2015-2024
     5.2 Market Attractiveness Analysis, by Resins

6. Market Segmentation- End-User Segment Analysis
     6.1. Global Waterbased coatings market– End-Use Segment Analysis
            6.1.1. Building & Construction , Volume (Kilo tons ) & Revenue (US$ Mn), 2015-2024 
            6.1.2. Automotive, Volume (Kilo tons ) & Revenue (US$ Mn), 2015-2024 
                     6.1.2.1. Automotive OEM, Volume (Kilo tons ) & Revenue (US$ Mn), 2015-2024
                     6.1.2.2. Automotive refinish, Volume (Kilo tons ) & Revenue (US$ Mn), 2015-2024
            6.1.3. Furniture, Volume (Kilo tons ) & Revenue (US$ Mn), 2015-2024 Revenue (US$ Mn), 2015-2024 
            6.1.4. Electronics, Volume (Kilo tons ) & Revenue (US$ Mn), 2015-2024 
            6.1.5. Marine , Volume (Kilo tons ) & Revenue (US$ Mn), 2015-2024 
            6.1.6. Paper & Printing, Volume (Kilo tons ) & Revenue (US$ Mn), 2015-2024 
            6.1.7. Others, Volume (Kilo tons ) & Revenue (US$ Mn), 2015-2024 
     6.3 Market Attractiveness Analysis, by End-Use

7. Global Waterbased coatings market– Regional Analysis
     7.1. Global Waterbased coatings market Growth Scenario
     7.2. North America Waterbased coatings market Snapshot
            7.2.1. North America Waterbased coatings market– Resins Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.2.2. North America Waterbased coatings market– End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.2.3. U.S. Waterbased coatings market– Resins Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.2.4. U.S. Waterbased coatings market End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.2.5. Canada Waterbased coatings market– Resins Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.2.6. Canada Waterbased coatings market– End-Use Segment Analysis, Volume(Kilo tons) & Revenue (US$ Mn), 2015-2024
     7.3. North America Waterbased coatings market Attractiveness Analysis
            7.3.1. Market Attractiveness Analysis – By Resins
            7.3.2. Market Attractiveness Analysis – By End-User 
     7.4. North America Waterbased coatings- Market Trends 
     7.5. Europe Waterbased coatings market Snapshot
            7.5.1. Europe Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.5.2. Europe Waterbased coatings market– End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.5.3. Germany Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.5.4. Germany Waterbased coatings market End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.5.5. Italy Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.5.6. Italy Waterbased coatings market– End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.5.7. U.K. Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.5.8. U.K. Waterbased coatings market– End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.5.9. France Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.5.10. France Waterbased coatings market– End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.5.11. Spain Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.5.12. Spain Waterbased coatings market– End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.5.13. Rest Of Europe Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.5.14. Rest Of Europe Waterbased coatings market– End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
     7.6. Europe Waterbased coatings market Attractiveness Analysis
            7.6.1. Market Attractiveness Analysis – By Resins  
            7.6.2. Market Attractiveness Analysis – By End-User 
     7.7. Europe Waterbased coatings - Market Trends 
     7.8. Asia Pacific Waterbased coatings market Snapshot
            7.8.1. Asia Pacific Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.8.2. Asia Pacific Waterbased coatings market– End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.8.3. China Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.8.4. China Waterbased coatings market End-Use Segment Analysis, Revenue (US$ Mn), 2015-2024
            7.8.5. India Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.8.6. India Waterbased coatings market– End-Use Segment Analysis, Revenue (US$ Mn), 2015-2024
            7.8.7. ASEAN Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.8.8. ASEAN Waterbased coatings market– End-Use Segment Analysis, Revenue (US$ Mn), 2015-2024
            7.8.9. Rest Of Asia Pacific Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.8.10. Rest Of Asia Pacific Waterbased coatings market– End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
     7.9. Asia Pacific Waterbased coatings market Attractiveness Analysis
            7.9.1. Market Attractiveness Analysis – By Resins  
            7.9.2. Market Attractiveness Analysis – By End-User 
     7.10. Asia Pacific Waterbased Coatings- Market Trends 
     7.11. Latin America Waterbased coatings market Snapshot
            7.11.1. Latin America Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.11.2. Latin America Waterbased coatings market– End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.11.3. Brazil Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.11.4. Brazil Waterbased coatings market End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.11.5. Mexico Waterbased coatings market End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.11.6. Mexico Waterbased coatings market End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.11.7. Rest Of Latin America Waterbased coatings market– Resins  Segment Analysis, Revenue (US$ Mn), 2015-2024
            7.11.8. Rest Of Latin America Waterbased coatings market– End-Use Segment Analysis, Revenue (US$ Mn), 2015-2024
     7.12. Latin America Waterbased coatings market Attractiveness Analysis
            7.12.1. Market Attractiveness Analysis – By Resins  
            7.12.2. Market Attractiveness Analysis – By End-User 
     7.13. Latin America Waterbased Coatings- Market Trends 
     7.14. Middle East & Africa Waterbased coatings market Snapshot
            7.14.1. Middle East & Africa Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons)& Revenue (US$ Mn), 2015-2024
            7.14.2. Middle East & Africa Waterbased coatings market– End-Use Segment Analysis, Volume (Kilo tons)& Revenue (US$ Mn), 2015-2024
            7.14.3. GCC  Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.14.4. GCC Waterbased coatings market End-Use Segment Analysis, Revenue (US$ Mn), 2015-2024
            7.14.5. Egypt Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.14.6. Egypt Waterbased coatings market End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.14.7. South Africa Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.14.8. South Africa Waterbased coatings market End-Use Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.14.9. Rest Of Middle East & Africa Waterbased coatings market– Resins  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
            7.14.9.1.1. Rest Of Middle East & Africa Waterbased coatings market– End-Use  Segment Analysis, Volume (Kilo tons) & Revenue (US$ Mn), 2015-2024
     7.15. Middle East & Africa Waterbased coatings market Attractiveness Analysis
            7.15.1. Market Attractiveness Analysis – By Resins  
            7.15.2. Market Attractiveness Analysis – By End-User 
     7.16. Middle East & Africa Waterbased coatings - Market Trends 

8. Competitive Landscape
     8.1. Competition Matrix
     8.2. Company Profiles
            8.2.1. BASF SE
                     8.2.1.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     8.2.1.2. Business Overview
                     8.2.1.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     8.2.1.4. Business Strategy
                     8.2.1.5. Recent Developments
            8.2.2. Akzo Nobel N.V.
                     8.2.2.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     8.2.2.2. Business Overview
                     8.2.2.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     8.2.2.4. Business Strategy
                     8.2.2.5. Recent Developments
            8.2.3. Asian Paints
                     8.2.3.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     8.2.3.2. Business Overview
                     8.2.3.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     8.2.3.4. Business Strategy
                     8.2.3.5. Recent Developments
            8.2.4. Kansai Paint
                     8.2.4.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     8.2.4.2. Business Overview
                     8.2.4.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     8.2.4.4. Business Strategy
                     8.2.4.5. Recent Developments
            8.2.5. The Valspar Corporation
                     8.2.5.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     8.2.5.2. Business Overview
                     8.2.5.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     8.2.5.4. Business Strategy
                     8.2.5.5. Recent Developments
            8.2.6. Conren
                     8.2.6.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     8.2.6.2. Business Overview
                     8.2.6.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     8.2.6.4. Business Strategy
                     8.2.6.5. Recent Developments
            8.2.7. ICA Group
                     8.2.7.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     8.2.7.2. Business Overview
                     8.2.7.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     8.2.7.4. Business Strategy
                     8.2.7.5. Recent Developments
            8.2.8. Altana AG
                     8.2.8.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     8.2.8.2. Business Overview
                     8.2.8.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     8.2.8.4. Business Strategy
                     8.2.8.5. Recent Developments
            8.2.9. Axalta Coating Systems Ltd.
                     8.2.9.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     8.2.9.2. Business Overview
                     8.2.9.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     8.2.9.4. Business Strategy
                     8.2.9.5. Recent Developments
            8.2.10. PPG Industries Inc.
                     8.2.10.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     8.2.10.2. Business Overview
                     8.2.10.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     8.2.10.4. Business Strategy
                     8.2.10.5. Recent Developments
            8.2.11. Sherwin-Williams Company
                     8.2.11.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     8.2.11.2. Business Overview
                     8.2.11.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     8.2.11.4. Business Strategy
                     8.2.11.5. Recent Developments
            8.2.12. NIPSEA GROUP
                     8.2.12.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     8.2.12.2. Business Overview
                     8.2.12.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     8.2.12.4. Business Strategy
                     8.2.12.5. Recent Developments
            8.2.13.  Kansai Nerolac Paints Limited.
                     8.2.13.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     8.2.13.2. Business Overview
                     8.2.13.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     8.2.13.4. Business Strategy
                     8.2.13.5. Recent Developments
            8.2.14. Hebei Chenyang Industry & Trade Group Co., Ltd.
                     8.2.14.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     8.2.14.2. Business Overview
                     8.2.14.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     8.2.14.4. Business Strategy
                     8.2.14.5. Recent Developments
            8.2.15. SKK Pte. Ltd.
                     8.2.15.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     8.2.15.2. Business Overview
                     8.2.15.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     8.2.15.4. Business Strategy
                     8.2.15.5. Recent Developments

9. List of Key Customers
     9.1. U.S.
     9.2. Canada
     9.3. Germany
     9.4. France
     9.5. U.K.
     9.6.  Italy
     9.7. Spain
     9.8. China
     9.9. India
     9.10. ASEAN
     9.11. GCC
     9.12. Egypt
     9.13. South Africa     
     9.14. Brazil     
     9.15. Mexico

List of Figures

Figure 1: Global Waterbased Coatings Market Size (US$ Mn) and Volume (Kilotons) Forecast, 2015–2024
Figure 2: Global Waterbased Coatings Average Price (US$/ kilo tons) 2015–2024
Figure 03: Global Market Value Share, by Resin (2015)
Figure 04: Global Market Value Share, by End-use (2015)
Figure 05: Global Market Value Share, by Region
Figure 06: Global Water-based Coatings Market Value Share Analysis, by Resin Type, 2015 and 2024
Figure 07: Global Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, by Acrylic, 2015–2024
Figure 08: Global Water-based Coatings Market Size (US$ Mn) and Volume (Tons) Analysis, by Formaldehyde, 2015–2024
Figure 09: Global Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, by Polyurethane, 2015–2024
Figure 10: Global Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, by Alkyds, 2015–2024
Figure 11: Global Water-based Coatings Market Size (US$ Mn) and Volume (Tons) Analysis, by Epoxy, 2015–2024
Figure 12: Global Water-based Coatings Market Size (US$ Mn) and Volume (Tons) Analysis, by Others, 2015–2024
Figure 13: Waterbased Coatings Market Attractiveness Analysis By Resins Type
Figure 14: Global Water-based Coatings Market Value Share Analysis, by End-use, 2015 and 2024
Figure 15: Global Water-based Coatings Market Size (US$ Mn) and Volume (KiloTons) Analysis, by Building & Construction, 2015–2024
Figure 16: Global Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, by Automotive, 2015–2024
Figure 17: Global Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, by Automotive OEM, 2015–2024
Figure 18: Global Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, by Automotive Refinish, 2015–2024
Figure 19: Global Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, by Furniture, 2015–2024
Figure 20: Global Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, by Marine, 2015–2024
Figure 21: Global Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, by Electronics, 2015–2024
Figure 22: Global Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, by Paper & Printing, 2015–2024
Figure 23: Global Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, by Others, 2015–2024
Figure 24: Waterbased Coatings Market Attractiveness Analysis By End-Use
Figure 25: Global Water-based Coatings Market Value Share Analysis, by Region, 2015 and 2024
Figure 26: GlobalWaterbased Coatings Market Attractiveness Analysis, By Region
Figure 27: North America Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 28: North America Water-based Coatings Market Size and Volume, Y-o-Y Growth Projections, 2015–2024
Figure 29: North America Water-based Coatings Market Attractiveness Analysis, by Country
Figure 30: North America Water-based Coatings Market Value Share Analysis, by Resin Type, 2015 and 2024
Figure 31: North America Water-based Coatings Market Value Share Analysis, by End-use, 2015 and 2024
Figure 32: North America Water-based Coatings Market Value Share Analysis, by Country, 2015 and 2024
Figure 33: U.S. Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 35: Canada Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 36: North America Market Attractiveness Analysis by Resin 
Figure 37: North America Market Attractiveness Analysis by End Use 
Figure 38: Europe Waterbased Coatings Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 39: Europe Waterbased Coatings Market Size and Volume Y-o-Y Growth Projection, 2015–2024
Figure 40: Europe Market Attractiveness Analysis, by Country
Figure 41: Europe Market Value Share Analysis, by Resin, 2015 and 2024
Figure 42: Europe Market Value Share Analysis, by End-use, 2015 and 2024
Figure 43: Europe Market Value Share Analysis, by Country, 2015 and 2024
Figure 44: Germany Waterbased Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 45: Italy Waterbased Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 46: France Waterbased Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 47: U.K. Waterbased Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 48: Spain Waterbased Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 49: Europe Market Attractiveness Analysis by  Resin Type
Figure 50: Europe Market Attractiveness Analysis by End Use
Figure 51: Asia Pacific Waterbased Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 52: Asia Pacific Waterbased Coatings Market Size and Volume Y-o-Y Growth Projection, 2015–2024
Figure 53: Asia Pacific Market Attractiveness Analysis, by Country
Figure 54: Asia Pacific Market Value Share Analysis, by Resin, 2015 and 2024
Figure 55: Asia Pacific Market Value Share Analysis, by End-use, 2015 and 2024
Figure 56: Asia Pacific Market Value Share Analysis, by Country, 2016 and 2024
Figure 57: China Waterbased Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 58: India Waterbased Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 59: ASEAN Waterbased Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 60: Asia Pacific Market Attractiveness Analysis by Resin
Figure 61: Asia Pacific Market Attractiveness Analysis by End Use
Figure 62: Latin America Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 63: Latin America Water-based Coatings Market Size and Volume, Y-o-Y Growth Projections, 2015–2024
Figure 64: Latin America Water-based Coatings Market Attractiveness Analysis, by Country
Figure 65: Latin America Water-based Coatings Market Value Share Analysis, by Resin, 2015 and 2024
Figure 66: Latin America Water-based Coatings Market Value Share Analysis, by End-use, 2015 and 2024
Figure 67: Latin America Water-based Coatings Market Value Share Analysis, by Country, 2015 and 2024
Figure 68: Brazil Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 69: Mexico Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 70: Latin America Market Attractiveness Analysis by Resin 
Figure 71: Latin America Market Attractiveness Analysis by End Use
Figure 72: MEA Waterbased coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 73: MEA Waterbased coatings Market Size and Volume Y-o-Y Growth Projection, 2015–2024
Figure 74: MEA Market Attractiveness Analysis, by Country
Figure 75: MEA Market Value Share Analysis, by Resin, 2015 and 2024
Figure 76: MEA Market Value Share Analysis, by End-use, 2015 and 2024
Figure 77: MEA Market Value Share Analysis, by Country, 2015 and 2024
Figure 78: GCC Waterbased Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 79: Egypt Waterbased Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 80: South Africa Waterbased Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
Figure 81: Middle East and Africa Market Attractiveness Analysis by Resin 
Figure 82: Middle East and Africa Market Attractiveness Analysis by End Use
Figure 83: Global Waterbased Coatings Market Share Analysis By Company (2015)

List of Tables

Table 01: Global Water-based Coatings Market Size (US$ Mn) Forecast, by Resin Type, 2015–2024
Table 02: Global Water-based Coatings Market Volume (Kilo Tons) Forecast, by Resin Type, 2015–2024
Table 03: Global Water-based Coatings Market Size (US$ Mn) Forecast, by End-use, 2015–2024
Table 04: Global Water-based Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 05: Global Water-based Coatings Market Size (US$ Mn) Forecast, by Region, 2015–2024
Table 06: Global Water-based Coatings Market Volume (Kilo Tons) Forecast, by Region, 2015–2024
Table 07: North America Water-based Coatings Market Size (US$ Mn) Forecast, by Resin Type, 2015–2024
Table 08: North America Water-based Coatings Market Volume (Kilo Tons) Forecast, by Resin Type, 2015–2024
Table 09: North America Water-based Coatings Market Size (US$ Mn) Forecast, by End-use, 2015–2024
Table 10: North America Water-based Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 11: North America Water-based Coatings Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2015–2024
Table 12: U.S. Water-based Coatings Market Size (US$ Mn) Forecast, by Resin Type, 2015–2024
Table 13: U.S. Water-based Coatings Market Volume (Kilo Tons) Forecast, by Resin Type, 2015–2024
Table 14: U.S. Water-based Coatings Market Size (US$ Mn) Forecast, by End-use, 2015–2024
Table 15: U.S. Water-based Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 16: Canada Water-based Coatings Market Size (US$ Mn) Forecast, by Resin Type, 2015–2024
Table 17: Canada Water-based Coatings Market Volume (Kilo Tons) Forecast, by Resin Type, 2015–2024
Table 18: Canada Water-based Coatings Market Size (US$ Mn) Forecast, by End-use, 2015–2024
Table 19: Canada Water-based Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 20: Europe Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 21: Global Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 22: Europe Waterbased Coatings Market Size (US$ Mn) Forecast, by End-use, 2015–2024
Table 23: Europe Waterbased Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 24: Europe Waterbased Coatings Market Size (US$ Mn) Forecast, by Country, 2015–2024
Table 25: Europe Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Country, 2015–2024
Table 26: Germany Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 27: Germany Waterbased Coatings Market Size (Kilo tons) Forecast, by Resin, 2015–2024
Table 28: Germany Waterbased Coatings Market Size (US$ Mn) Forecast, by End-use, 2015–2024
Table 29: Germany Waterbased Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 30: Italy Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 31: Italy Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 32: Italy Waterbased Coatings Market Size (US$ Mn) Forecast, by End-use, 2015–2024
Table 33: Italy Waterbased Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 34: France Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 35: France Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 36: France Waterbased Coatings Market Size (US$ Mn) Forecast, by End-use, 2015–2024
Table 37: Germany Waterbased Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 38: U.K. Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 39: U.K. Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 40: U.K. Waterbased Coatings Market Size (US$ Mn) Forecast, by End-use, 2015–2024
Table 41: U.K. Waterbased Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 42: Spain Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 43: Spain Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 44: Spain Waterbased Coatings Market Size (US$ Mn) Forecast, by End-use, 2015–2024
Table 45: Spain Waterbased Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 46: Rest of Europe Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin , 2015–2024
Table 47: Rest of Europe Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 48: Rest Of Europe Waterbased Coatings Market Size (US$ Mn) Forecast, by End-use, 2015–2024
Table 49: Rest Of Europe Waterbased Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 50: Asia Pacific Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 51: Asia Pacific Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 52: Asia Pacific Waterbased Coatings Market Size (US$ Mn) Forecast, By End-Use, 2015–2024
Table 53: Asia Pacific Waterbased Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 54: Asia Pacific Waterbased Coatings Market Size (US$ Mn) Forecast, by Country, 2015–2024
Table 55: Asia Pacific Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Country, 2015–2024
Table 56: China Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 57: China Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 58: China Waterbased Coatings Market Size (US$ Mn) Forecast, By End-Use, 2015–2024
Table 59: China Waterbased Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 60: India Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 61: India Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 62: India Waterbased Coatings Market Size (US$ Mn) Forecast, By End-Use, 2015–2024
Table 63: India Waterbased Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 64: ASEAN Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 65: ASEAN Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 66: ASEAN Waterbased Coatings Market Size (US$ Mn) Forecast, By End-Use, 2015–2024
Table 67: ASEAN Waterbased Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 68: Rest of Asia Pacific Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 69: Rest of Asia Pacific Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 70: Rest Of Asia Pacific Waterbased Coatings Market Size (US$ Mn) Forecast, By End-Use, 2015–2024
Table 71: Rest Of Asia Pacific Waterbased Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 72: Latin America Water-based Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 73: Latin America Water-based Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 74: Latin America Water-based Coatings Market Size (US$ Mn) Forecast, by End-use, 2015–2024
Table 75: Latin America Water-based Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 76: Latin America Water-based Coatings Market Size (US$ Mn) Forecast, by Country, 2015–2024
Table 77: Latin America Water-based Coatings Market Volume (Kilo Tons) Forecast, by Country, 2015–2024
Table 78: Brazil Water-based Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 79: Brazil Water-based Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 80: Brazil Waterbased Coatings Market Size (US$ Mn) Forecast, By End-Use, 2015–2024
Table 81: Brazil Waterbased Coatings Market Volume (Kilo Tons) Forecast, By End-Use, 2015–2024
Table 82: Mexico Water-based Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 83: Mexico Water-based Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 84: Mexico Waterbased Coatings Market Size (US$ Mn) Forecast, By End-Use, 2015–2024
Table 85: Mexico Waterbased Coatings Market Volume (Kilo Tons) Forecast, By End-Use, 2015–2024
Table 86: Rest of Latin America Water-based Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 87: Rest of Latin America Water-based Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 88: Rest Of Latin America Waterbased Coatings Market Size (US$ Mn) Forecast, By End-Use, 2015–2024
Table 89: Rest Of Latin America Waterbased Coatings  Market Volume (Kilo Tons) Forecast, By End-Use, 2015–2024
Table 90: MEA Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 91: MEA Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 92: MEA Waterbased Coatings Market Size (US$ Mn) Forecast, by End-use, 2015–2024
Table 93: MEA Waterbased Coatings Market Volume (Kilo Tons) Forecast, by End-use, 2015–2024
Table 94: MEA Waterbased Coatings Market Size (US$ Mn) Forecast, by Country, 2015–2024
Table 95: MEA Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Country, 2015–2024
Table 96: GCC Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 97: GCC Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 98: GCC Waterbased Coatings Market Size (US$ Mn) Forecast, By End-Use, 2015–2024
Table 99: GCC Waterbased Coatings Market Volume (Kilo Tons) Forecast, By End-Use, 2015–2024
Table 100: Egypt Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 101: Egypt Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 102: Egypt Waterbased Coatings Market Size (US$ Mn) Forecast, By End-Use, 2015–2024
Table 103: Egypt Waterbased Coatings Market Volume (Kilo Tons) Forecast, By End-Use, 2015–2024
Table 104: South Africa Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 105: South Africa Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 106: Rest of Middle East & Africa Waterbased Coatings Market Size (US$ Mn) Forecast, by Resin, 2015–2024
Table 107: South Africa Waterbased Coatings Market Size (US$ Mn) Forecast, By End-Use, 2015–2024
Table 108: South Africa Waterbased Coatings Market Volume (Kilo Tons) Forecast, By End-Use, 2015–2024
Table 109: Rest of Latin America Waterbased Coatings Market Volume (Kilo Tons) Forecast, by Resin, 2015–2024
Table 110: Rest of MEA Waterbased Coatings Market Size (US$ Mn) Forecast, By End-Use, 2015–2024
Table 111: Rest Of MEA Waterbased Coatings Market Volume (Kilo Tons) Forecast, By End-Use, 2015–2024

 

Global Waterbased Coating Market: Overview 

Water-based coatings are a type of coating which use water as a solvent. Water is employed as a dispersal agent for resins to make them eco-friendly and easy to use. Water constitutes more than 75% of the coatings with traces of other solvents like glycol ethers. Rising architectural activities and stringent government regulation related to VOC content are the major drivers that drives the growth of water-based coatings market. Asia Pacific dominates the water-based coatings market in terms of demand. Countries such as China, India are expected to be the key consumers of water-based coatings. Volatility in raw material prices and susceptibility to environmental conditions is anticipated to hamper the market growth. 

Acrylic water-based coatings is anticipated to be the major segment during the forecast period, however polyurethane water-based coatings is expected to grow at highest CAGR compare to other resins type. In terms of end-use, building & construction is projected to be the major segment for water-based coatings. Automotive segment is also second most lucrative segment for water-based coatings market. Increasing awareness and stringent government regulations related to VOCs content related to coatings is estimated to offer major opportunities to the water-based coatings market in the next few years. 

Global Waterbased Coating Market: Scope of the Study 

This report analyzes and forecasts the market for Water-based coatings market at the global and regional level. The market has been forecast based on volume (Kilo tons) and revenue (US$ Mn) from 2016 to 2024, considering 2015 as the base year. The study includes drivers and restraints of the global water-based coatings market. It also covers impact of these drivers and restraints on demand for water-based coatings market during the forecast period. The report also highlights opportunities in the water-based coatings market at the global and regional level. 

The report includes detailed value chain analysis, which provides a comprehensive view of the global water-based coatings market. Porter’s Five Forces model for the water-based coatings market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, where in resins and end-users are benchmarked based on their market size, growth rate, and general attractiveness. 

Global Waterbased Coating Market: Segmentation 

The study provides a decisive view of the global water-based coatings market by segmenting it in terms of resins and end-users. In terms of resins water-based coatings is classified as acrylic, formaldehyde, polyurethane, alkyds, epoxy and others (including fluoro-polymers etc.). Acrylic water-based coatings is further segmented into Styrene acrylic. Further segmentation is based on End-users such as building & construction, automotive, furniture, electronics, marine, paper & printing and others (includes aerospace etc.). Automotive is further segmented into automotive OEM and automotive refinish for analysis. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for Water-based coatings in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. 

The report provides the actual market size of water-based coatings for 2015 and estimated market size for 2016 with forecast for the next eight years. The global market of water-based coatings has been provided in terms volume and revenue. Market volume has been defined in Kilo tons and revenue in US$ Mn. Market numbers have been estimated based on resins and end-users of water-based coatings. Market volume and size have been provided in terms of global, regional, and country level markets. 

Global Waterbased Coating Market: Research Methodology 

In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, magazines and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities. 

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, European Coatings World, and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoover’s, oneSOURCE, Factiva and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases, and webcasts specific to companies operating in the market. 

We conduct primary interviews on an ongoing basis with industry participants and commentators to validate data and analysis. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding. 

Companies Mentioned in the Report 

The report comprises profiles of major companies operating in the global Water-based coatings market. Key players in the Water-based coatings market are BASF SE, Akzo Nobel N.V., Asian Paints, Axalta Coating Systems Ltd., Altana AG, Conren, ICA group, Schmid Rhyner AG, PPG Industries Inc., The Valspar Corporation, Sherwin-Williams, Kansai, NIPSEA Group, and Hebei Chenyang Industry & Trade Group Co., Ltd. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. 

The global water-based coatings market has been segmented as follows: 

Water-based Coatings Market – Resins Analysis

  • Acrylic
    • Styrene Acrylic
  • Formaldehyde
  • Polyurethane
  • Epoxy
  • Alkyds
  • Others (fluoro-polymers etc.)

 Water-based Coatings - End-use Analysis

  • Building & Construction
  • Automotive
    • Automotive OEM
    • Automotive refinish
  • Furniture
  • Electronics
  • Marine
  • Paper & Printing
  • Others (Aerospace etc.) 

Water-based Coatings - Regional Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • Italy
    • France
    • U.K.
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of South America
  • Middle East & Africa (MEA)
    • GCC
    • Egypt
    • South Africa
    • Rest of MEA


 
 
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