Waterborne Coatings Market on Track to Achieve USD 98.87 Billion Value by 2032 with a 5.5% CAGR

The growing demand for coatings in the automotive industry is driving market demand.

NEW YORK CITY, NY, UNITED STATES, January 9, 2025 /EINPresswire.com/ -- Our waterborne coatings market report has been prepared using advanced methodologies and research techniques to help businesses make strategic business decisions.

The most recent research study by Polaris Market Research reveals that the waterborne coatings market is anticipated to flourish at a stable rate. With a projected CAGR of 5.5%, the market was valued at USD 61.02 billion in 2023. It is ready to grow to USD 98.87 billion by 2032.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧:
A waterborne coating is an ecologically friendly surface cure that utilizes water as a solvent that disseminates the resin utilized to render the coating or paint. Water acquires 80% of the solvent utilized. It targets to render the coating or paint simplified to administer and also an environmentally friendly commodity.
Heating and air gesture gadgets elevate the curing time. It can be utilized in traditional application procedures and spraying. Waterborne coating is one of the superlative usages on porous substance. It includes a binder that can be utilized in the expression of epoxy and alkyd resins. Government enterprises targeted at ecological safeguarding, such as stimulating the buying of EVs, are pushing the waterborne coatings market demand.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/waterborne-coatings-market/request-for-sample?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01

𝐖𝐡𝐨 𝐌𝐚𝐤𝐞𝐬 𝐖𝐚𝐭𝐞𝐫𝐛𝐨𝐫𝐧𝐞 𝐂𝐨𝐚𝐭𝐢𝐧𝐠𝐬?
• Akzo Nobel N.V.
• Asian Paints Limited
• Axalta Coating Systems, Ltd.
• BASF SE
• Benjamin Moore & Co.
• Berger Paints India Ltd.
• Brillux GMBH & Co. Kg
• Carpoly Chemical Group Co., Ltd.
• Cloverdale Paint Inc.
• Diamond Vogel Paint Company
• DuluxGroup Ltd.
• Fujikura Kasei Co., Ltd.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:

• Escalating Demand in Metal Industries: The growing demand for waterborne coatings in metal industries is pushing the market ahead. They provide distinct attributes such as outstanding longevity, mechanical robustness, aversion to chemicals, attrition, and abrasion. These attributes improve the durability and attractiveness of metal surfaces, rendering them an enchanting option for makers and boosting the demand for waterborne coatings market growth.

• Stringent Ecological Directives: Strict ecological directives are a notable driving factor for the market. Makers are growingly moving towards waterborne expressions as governments globally inflict stringent directives to decrease volatile organic compounds (VOCs) and encourage sustainable practices.

• Growing Investment in Manufacturing: Growing funding in manufacturing is anticipated to ignite the aggregate of players in the market. As firms look towards improving their commodity offerings and encounter surging demand for environmentally friendly solutions, they are granting resources towards progressive production technologies and inventive expressions.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/waterborne-coatings-market/request-for-discount-pricing?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
By Resin Type Outlook:
• Acrylic
• Polyester
• Alkyd
• Epoxy
• Polyurethane
• PTFE
• PVDF
• PVDC
• Others

By Application Industry Outlook:
• Architectural
• Industrial
• The waterborne coatings market segmentation is based on resin type, application industry, and region.

• By resin type analysis, the alkyd segment held the largest market share. This is due to the surge in application of alkyd-dependent coatings in architectural, residential, and commercial buildings.

• By application analysis, the architectural segment is poised to register a significant CAGR. This is due to the growing focus on residential and commercial capacity transformation and associated restoration ventures.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐞𝐟𝐨𝐫𝐞 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/waterborne-coatings-market/inquire-before-buying?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
The research report covers all the major regions and sub-regions of the waterborne coatings market. The study provides market insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

• North America: North America accounted for the largest market share. This is primarily because of the growing acquisition of EVs and augmentation in construction ventures.

• Europe: Europe is anticipated to witness the fastest CAGR from 2024 to 2032. The region's strict ecological directives and surging air contamination levels fuel the regional market expansion.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐏𝐌𝐑'𝐬 𝐖𝐚𝐭𝐞𝐫𝐛𝐨𝐫𝐧𝐞 𝐂𝐨𝐚𝐭𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞 𝐟𝐫𝐨𝐦 𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭 𝐏𝐮𝐛𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬:
The global waterborne coatings industry is expected to reach USD 98.87 billion by 2032, exhibiting a CAGR of 5.5 % during 2024–2032.

𝐅𝐀𝐐𝐬:
How much is the waterborne coatings market?
The market size was valued at USD 61.02 billion in 2023 and is projected to grow to USD 98.87 billion by 2032.

What is the growth rate of the waterborne coatings market?
The global market is projected to register a CAGR of 5.5% during the forecast period.

Which region held the largest market share?
North America accounted for the largest share of the global market in 2023.

Which segment by resin type led the market in 2023?
The alkyd segment dominated the market in 2023.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
Tannin Market:
https://www.polarismarketresearch.com/industry-analysis/tannin-market

Thermal Insulation Coating Market:
https://www.polarismarketresearch.com/industry-analysis/thermal-insulation-coating-market

Essential Oil Market:
https://www.polarismarketresearch.com/industry-analysis/essential-oil-market

Organic Personal Care Market:
https://www.polarismarketresearch.com/industry-analysis/organic-personal-care-market

Lubricants Market:
https://www.polarismarketresearch.com/industry-analysis/lubricants-market

𝐀𝐛𝐨𝐮𝐭 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 & 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠, 𝐈𝐧𝐜:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR’s clientele spread across different enterprises. We at Polaris are obliged to serve PMR’s diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR’s customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR’s customers.

Likhil G
Polaris Market Research and Consulting
+1 929-297-9727
sales@polarismarketresearch.com
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