Waterborne Coatings Market Revenue To Reach Highest Threshold With USD 100.1 Bn ROI By 2028

According to study of Zion Market Research, Waterborne Coatings industry accrued earnings nearly about US$ 78.24 billion in 2021 and is anticipated to gain revenue of about US$ 100.1 billion by 2028, is slated to record highest gains of nearly 5.0% in timescale from 2022 to 2028. In addition to this, growth of waterborne coatings market over forecast timespan is subject to surging demand for harmless, environment friendly, and green coatings across various end-use sectors. In addition to this, thriving real estate sector in countries of Asia Pacific along with infrastructural growth in region will steer expansion of waterborne coatings industry. Furthermore, thriving automotive industry and flourishing commercial construction activities in North America will contribute notably towards business space. Rise in vehicle production in countries such as Mexico, Germany, China, Indonesia, and Malaysia will aid demand for waterborne coatings.

Acrylic Segment To Dominate Resin Landscape By 2028

Growth of acrylic segment over forecasting timeframe can be due to various factors such as ability to offer resistance to hydrolysis, weather resistance, property of providing glossiness to surface of material, and retaining of colors. Apart from this, it possesses ultra-violet resistance and transparency. Furthermore, the product finds high applications in solvent-borne paints, walls, decks, and roofs. Additionally, it finds lucrative use in electrical items, equipment, marine ships, and other metal products.

Architectural Segment To Account Majorly Towards Market Size Over 2022-2028

Rapid expansion of segment over forecasting timespan is owing to surge in investment across infrastructural development in APAC as well as Middle East regions. Reportedly, waterborne coatings find application as decorative coatings in architectural sector encompassing interior & exterior walls, trims, and wood varnishes.

Europe To Make Remarkable Contributions Towards Regional Market Share By 2028

Progression of regional market over forecasting years can be due to thriving construction activities in residential and commercial sector. In addition to this, laws such as Environmental Protection Act of UK regulates VOC emissions from paints & coatings and this will contribute noticeably towards European waterborne coatings industry earnings.

Some of the mammoth players have accounted majorly towards waterborne coatings market value and is likely to follow the suit in coming years. They include Axalata Coating Systems, Ltd., Sherwin-Williams Company, The Valspar Corporation, Akzo Nobel N.V., BASF SE, PPG Industries, Inc., and Nippon Paints Co. Ltd.

Browse the full “Waterborne Coatings Market - By Resin (Acrylic, Polyester, Alkyd, Epoxy, Polyurethane, PTFE, PVDF, And PVDC) And By Application (Architectural, Automotive, General Industrial, Protective, Wood, Marine, Packaging, Coil, And Other Applications) - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends And Forecast, 2022–2028.” Report at https://www.zionmarketresearch.com/report/waterborne-coatings-market

The global Waterborne Coatings Market is segmented as follows:

By Resin

• Acrylic
• Polyester
• Alkyd
• Epoxy
• Polyurethane
• PTFE
• PVDF
• PVDC

By Application

• Architectural
• Automotive
• General Industrial
• Protective
• Wood
• Marine
• Packaging
• Coil
• Other Applications

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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