Major Players in the Market: The Valspar Corporation (U.S.), Nippon Paint Company Limited(Japan), PPG Industries Inc. (U.S.), RPM International Inc. (U.S.), The Sherwin Williams Company (U.S.), and Tikkurila Oyj (Finland).
(PRWEB) December 01, 2014
The research report about “Waterborne Coatings Market by Resin (Acrylic, Polyester, Alkyd, Epoxy, Polyurethane, PTFE, PVDF, PVDC, & Others), by Application (Architectural, Automotive, General Industrial, Protective, Wood, Marine, Packaging, Coil, & Others) - Global Forecast to 2019 ” analyzes the global market with respect to market drivers, opportunities, and trends in different regions.
Browse 86 Market Data Tables and 28 Figures spread through 225 Slides and in-depth TOC on "Waterborne Coatings Market".
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The market is dominated by respective regional players along with the presence of few global players in the key growth markets. The Asia-Pacific region is the largest market, followed by Western Europe in the global waterborne coatings industry.
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In terms of market activities, investments and expansions were the most preferred development strategies adopted by the players to increase their product portfolio, market share, and regional reach. A large number of expansions, new product launches, and partnerships by the key players are seen in 2014.
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AkzoNobel expanded its Ningbo multi-site in China by opening a new Bermocoll cellulose derivatives production plant. Based on a natural polymer, the company’s Bermocoll cellulose derivatives are sourced from wood pulp or cotton linters. The key application areas are water-based paints and building additives; helping the region in improving the product’s performance of water-based paints and to further reduce VOC levels.
Axalta has invested to expand the production capacity of waterborne coatings in Germany. This investment has strengthened the company’s operations in Europe and the Middle East and Africa (EMEA). This geographical re-balancing of Akzonobel, Axalta Coating system has resulted in a proportional increase of the waterborne coatings industry in the Asia-Pacific and European markets respectively.
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Protective Coatings Market by Resin Type (Alkyd, Acrylic, Epoxy, Polyurethane, Polyester & Others), by Technology (Solvent Borne, Water Borne, Powder & Others) & by Application (Construction, Oil & Gas, Automotive, Aerospace, Product Finishes & Others) - Global Trends & Forecast to 2019.
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