Waterborne Coatings Market to Rise at 6.4%+ Growth to 2024 Driving Industries Tikkurila Oyj, Sherwin-Williams, Valspar, PPG Industries, Axalta, BASF, Kansai Paint Co.,Ltd

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Global Market Insights, Inc. predicts the global waterborne coatings market size from architectural coatings will witness strong gains and exceed USD 85 billion in revenue at the end of 2024 with interior wall coatings occupy a major part used as standard technology to help in reducing VOC content in the atmosphere.

Waterborne Coatings Market Statistics, 2018-2024
Top key players mentioned in this Waterborne Coatings Market report includes Tikkurila Oyj, Sherwin-Williams, Valspar, PPG Industries, AkzoNobel, Axalta, BASF, Kansai Paint Co.,Ltd, Berger Paints, Nippon Paint, Berger Paints India Ltd, Rodda Paint Co, Blue River Coatings, Sika and more.

U.S. Waterborne coatings market demand is set to cross USD 15.5 billion by 2024. Positive indicators towards increase in infrastructure spending along with growth of automobile sector should drive regional growth.

The report predicts global waterborne coatings market size should exceed USD 95 billion in the forecast timeframe. Architectural applications may witness gains at above 5.5% during forecast timeframe. Increase in living standards has led to rise in renovation, interior decoration and remodeling activities in both residential and commercial construction which should drive waterborne coatings market size. Government initiatives and financial assistance in restoration activities and public infrastructure development mainly in India and China should contribute towards industry growth.

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Waterborne coatings demand from automotive refinish applications may exceed to USD 1.5 billion at end of forecast timeframe. Growing demand from automotive repairs to enhance aesthetic appeal and recover damages including scratches & fading body paint caused by extreme climatic effects and accident should propel product demand. These products also provide additional benefits which include protection from harsh weather, UV rays, discoloration and acid rain, thereby promoting waterborne coatings demand.

U.S. waterborne coatings demand may surpass USD 15.5 billion by end of 2024. Positive indicators towards increase in infrastructure spending along with growth of automobile sector should drive regional growth. Stringent norms by EPA & OSHA to minimize VOC content to limit toxicity levels should promote product demand.

France market to surpass USD 6.5 billion in sales by 2024. Presence of major manufacturing companies investing in technological innovations to develop new products with additional properties may favor regional growth.

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Polyvinylidene chloride & fluoride, polyester, polyurethane and polytetrafluoroethylene are some of the raw materials used for production. Raw material cost concerns may widen demand supply gap which may impact on waterborne coatings market price trend.

Polyester waterborne coatings market size will surpass USD 1 billion during forecast timeframe due to its excellent film forming properties and pigment dispensability, along with its self-emulsifying type waterborne resin should boost product demand. Recent product developments including waterborne UV coatings synthesized by bio based polyester resins should drive industry growth. These products finds applications in furniture, plastic, wood paints and printing inks industry.

Top key players mentioned in this Waterborne Coatings Market report includes Tikkurila Oyj, Sherwin-Williams, Valspar, PPG Industries, AkzoNobel, Axalta, BASF, Kansai Paint Co.,Ltd, Berger Paints, Nippon Paint, Berger Paints India Ltd, Rodda Paint Co, Blue River Coatings, Sika and more.

Waterborne coatings market size from metal packaging applications should witness gains at above 3%. It finds extensive application in preserving food and other edibles from pathogen. Metal packaging in food & beverage protection extends product shelf life and keeps nutrition intact complying to consumer demand which should fuel industry growth.

Browse key Waterborne Coatings Market insights from the report@ https://www.gminsights.com/industry-analysis/waterborne-coatings-market

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Hydrophobic Coatings Market size was over USD 1.5 billion in 2017 and industry expects consumption of above 15 kilo tons by 2024.
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Concrete Floor Coatings Market size is estimated to witness growth more than 7% over the projected timespan.
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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