Waterborne Coatings Market

Waterborne Coatings Market by Resin Type (Acrylic, Polyester, Alkyd, Epoxy, Polyurethane, PTFE, PVDF, PVDC), Application (Architectural and Industrial), Region (APAC, North America, Europe, MEA, South America) - Global Forecast to 2026

Report Code: CH 2609 Feb, 2022, by marketsandmarkets.com

[249 Pages Report] The global waterborne coatings market size was USD 77.9 billion in 2020 and is projected to grow at a CAGR of 3.5% during the forecast period to reach USD 117.7 billion by 2026. Increasing building & construction activities and infrastructure projects, improving quality of industrial manufacturing in developing countries, and the need for protection of coated products are the major growth drivers of the global waterborne coatings market.

Waterborne Coatings Market

To know about the assumptions considered for the study, Request for Free Sample Report

COVID-19 Impact on the Global Waterborne Coatings Market

According to our primary respondents, the impact of COVID-19 is expected to remain for the short term; the impact of the pandemic is expected to prevail at worst until the first quarter of 2022. Growth of the market is majorly attributed to companies rearranging their operations and recovering from the impact of COVID-19 which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities which resulted in operational challenges.

Waterborne Coatings Market Dynamics

Driver: Environmental regulations boosting demand for VOC-free coatings

The increasing demand for environment-friendly characteristics has been one of the most important trends observed in the coatings industry for the past few years majorly influenced by stringent EU regulations regarding the reduction of volatile organic compound (VOC) emissions from coatings. New rules and regulations such as the Eco-product Certification Scheme (ECS) are implemented by the European Commission and other federal government agencies. These regulations ensure a green and sustainable environment with minimum or zero harmful VOC emissions. In addition, government regulations in the US and Western Europe, especially concerning air pollution, are expected to continue to drive the adoption of new, low-polluting coating technologies.

Due to the increasing awareness regarding the harmful effects of VOC emissions, there has been a gradual shift in demand from solvent-borne coatings to environment-friendly products such as waterborne coatings as these products contain fewer solvents which evaporate during the curing phase. The Asia Pacific is projected to be the largest as well as the fastest-growing market for waterborne coatings. This can be attributed to the rapidly growing automotive and construction industries in the region. Regulations which are less stringent in the region are also leading to the growth of the market.

Restraint: Requirement of higher drying time for waterborne coatings

The drying and curing time required for waterborne coatings is higher than that for solvent-borne coatings. Waterborne coatings have excellent flow properties that change with humidity, affecting the coating application. Under high humidity conditions, water does not easily evaporate, resulting in poor cure and decrease in performance. Waterborne coatings are also sensitive to freezing conditions and many are not usable after freezing.

Opportunity: High growth potential in emerging economies

Emerging economies are investing significantly in infrastructure development and other long-term projects. Markets in these economies are witnessing high growth as compared to markets in North America and Western Europe, as leading companies are investing significantly to tap the opportunities in these economies. The market in the Asia Pacific, especially in China and India, is creating significant opportunities for resin as well as waterborne coating manufacturers.

The increasing income and purchasing power of the populace in the emerging countries of the Asia Pacific and other emerging regions are increasing investments in the construction, automobiles, electrical & electronics, consumer goods, and appliances sectors. Waterborne coating resin manufacturing companies have opportunities to capitalize on the economic growth of emerging markets such as China, India, Russia, and Brazil which are spending significantly on construction, automotive, electrical, and other industrial sectors.

Challenge: Implementation of stringent regulatory policies

Due to the increasing number of regulatory policies implemented by various governments, coatings producers are required to constantly improve their processes to comply with the new policies. Products that fail to meet the legal requirements are not permitted for use in countries that have strict environmental regulations, especially in Western Europe and North America.

The concentration approach also ignores the reduced atmospheric emissions when low-VOC coatings are used.

The alkyd segment is projected to account for the second-largest share in the waterborne coatings market, in 2026, in terms of volume.

Waterborne alkyd coatings are in demand due to their enhanced properties, green chemistry, and low VOCs. However, waterborne alkyd coatings, like most resins, require specific defoamers to achieve optimal performance. Some companies are introducing a new waterborne alkyd resin technology that uses advanced processing technology to produce a solvent-free alkyd formulation in a surfactant-stabilized aqueous emulsion. It is a soy-based resin with alkyd latex which provides benefits of a waterborne carrier with extremely low VOC content.

The protective segment of the architectural application is projected to register the highest CAGR during the forecast period.

Waterborne protective coatings are applied on surfaces of materials to protect them from oil, chemicals, light, water, high-temperature fluctuations, etc. These coatings offer benefits such as resistance to corrosion, fire & chemical abrasion, waterproofing, and thermal insulation. They are utilized in consumer products and heavy machinery in oil & gas, petrochemical, infrastructure, power generation, and water & sewerage industries. Asia Pacific dominated the global waterborne coatings market due to many end-use industries as well as the high economic growth in the region in 2021. The Middle East & Africa is also emerging as a strategic location for waterborne coating manufacturers. Increased investments in the energy, marine, and construction industries in India and China have led to changing industry trends, which is expected to boost the waterborne coatings market.

The waterborne coatings market in Asia Pacific expected to account for the largest share of in the waterborne coatings market during the forecast period, in terms of value and volume.

Asia Pacific region is considered for China, India, Japan, Indonesia, Thailand, and Rest of Asia Pacific. The Asia Pacific region encompasses a diverse range of economies with different levels of economic development and multiple industries. Economic development is majorly attributed to the high growth rate and significant investments across industries in automotive, consumer goods & appliances, building & construction, and furniture industries. It is one of the fastest-growing regions on the basis of the production and demand for waterborne coatings. The Asia Pacific market is projected to grow at a high CAGR during the next five years and offer significant commercial opportunities for waterborne coatings market players.

Waterborne Coatings Market by Region

To know about the assumptions considered for the study, download the pdf brochure

Key Market Players

BASF SE (Germany), AkzoNobel N.V. (Netherlands), PPG Industries Inc. (US), RPM International Inc. (US), The Sherwin-Williams Company (US), Asian Paints Limited (India), Axalta Coating Systems LLC (US), Nippon Paint Holdings Co. Ltd. (Japan), Kansai Paint Co. Ltd. (Japan), Jotun Group (Norway) are some of the players operating in the global waterborne coatings market.

Get online access to the report on the World's First Market Intelligence Cloud

  • Easy to Download Historical Data & Forecast Numbers
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
Request Sample

Scope of the Report

Report Metric

Details

Years considered for the study

2018–2026

Base year

2020

Forecast period

2021–2026

Units considered

Value (USD Million) and Volume (Kiloton)

Segments

Resin Type and Application

Regions

Asia Pacific, North America, Europe, the Middle East & Africa, and South America

Companies

BASF SE (Germany), AkzoNobel N.V. (Netherlands), PPG Industries Inc. (US), RPM International Inc. (US), The Sherwin-Williams Company (US), Asian Paints Limited (India), Axalta Coating Systems LLC (US), Nippon Paint Holdings Co. Ltd. (Japan), Kansai Paint Co. Ltd. (Japan), Jotun Group (Norway).

This research report categorizes the waterborne coatings market based on Resin Type, Application and Region.

On the basis of resin type, the waterborne coatings market is segmented as follows:

  • Acrylic
  • Polyester
  • Alkyd
  • Epoxy
  • Polyurethane
  • Polytetrafluoroethylene
  • Polyvinylidene Fluoride
  • Polyvinylidene Chloride
  • Others

On the basis of application, the waterborne coatings market is segmented as follows:

  • Architectural
    • Residential
    • Non-residential
  • Industrial
    • Automotive
    • General Industrial
    • Protective
    • Wood
    • Marine
    • Packaging
    • Coil
    • Others

On the basis of region, the waterborne coatings market is segmented as follows:

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Recent Developments

  • In June 2021, PPG announced the expansion of its coatings manufacturing capacity in Europe for packaging applications. The investment is expected to meet the rising customer demand in the region for the latest generation coatings for aluminum and steel cans used in packaging for beverage, food, and personal care items.
  • In October 2020, Sherwin-Williams launched Pro Industrial Pre-catalyzed Water-based Urethane, a single-component product but with comparable performance attributes of a two-part coating, helps professionals meet esthetics and performance needs of light industrial or commercial environments.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 31)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
           1.2.1 MARKET SCOPE
                    FIGURE 1 MARKET SEGMENTATION
           1.2.2 REGIONS COVERED
    1.3 MARKET INCLUSIONS AND EXCLUSIONS
           1.3.1 MARKET INCLUSIONS
           1.3.2 MARKET EXCLUSIONS
    1.4 YEARS CONSIDERED FOR THE STUDY
    1.5 CURRENCY
    1.6 UNIT CONSIDERED
    1.7 STAKEHOLDERS
    1.8 SUMMARY OF CHANGES
    1.9 LIMITATIONS

2 RESEARCH METHODOLOGY (Page No. - 35)
    2.1 RESEARCH DATA
           FIGURE 2 WATERBORNE COATINGS MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key primary data sources
                    2.1.2.2 Key data from primary sources
                    2.1.2.3 Key industry insights
                    2.1.2.4 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION
           2.2.1 TOP-DOWN APPROACH
                    FIGURE 3 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION: WATERBORNE COATINGS MARKET
                    FIGURE 5 WATERBORNE COATINGS MARKET BY REGION
                    FIGURE 6 WATERBORNE COATINGS MARKET BY APPLICATION
           2.2.2 BOTTOM-UP APPROACH
                    FIGURE 7 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH BY APPLICATION
    2.3 MARKET FORECAST APPROACH
           2.3.1 DEMAND-SIDE FORECAST PROJECTION
    2.4 FACTOR ANALYSIS
    2.5 DATA TRIANGULATION
           FIGURE 8 WATERBORNE COATINGS MARKET: DATA TRIANGULATION
    2.6 ASSUMPTIONS
    2.7 RISK ANALYSIS ASSESSMENT
    2.8 LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 46)
    TABLE 1 WATERBORNE COATINGS MARKET, 2021 VS. 2026
    FIGURE 9 ACRYLIC TO BE LARGEST RESIN TYPE IN WATERBORNE COATINGS MARKET
    FIGURE 10 RESIDENTIAL APPLICATION TO GROW AT HIGHER CAGR
    FIGURE 11 ASIA PACIFIC TO BE FASTEST-GROWING WATERBORNE COATINGS MARKET

4 PREMIUM INSIGHTS (Page No. - 50)
    4.1 ATTRACTIVE OPPORTUNITIES IN WATERBORNE COATINGS MARKET
           FIGURE 12 WATERBORNE COATINGS MARKET TO REGISTER ROBUST GROWTH BETWEEN 2021 AND 2026
    4.2 WATERBORNE COATINGS MARKET, BY RESIN TYPE
           FIGURE 13 ACRYLIC SEGMENT TO LEAD MARKET GROWTH
    4.3 WATERBORNE COATINGS MARKET, DEVELOPED VS. EMERGING COUNTRIES
           FIGURE 14 MARKET IN EMERGING COUNTRIES TO GROW FASTER THAN THAT IN DEVELOPED COUNTRIES
    4.4 ASIA PACIFIC WATERBORNE COATINGS MARKET, BY RESIN TYPE AND APPLICATION
           FIGURE 15 ARCHITECTURAL SEGMENT ACCOUNTED FOR LARGEST SHARE IN 2020
    4.5 WATERBORNE COATINGS MARKET, BY COUNTRY
           FIGURE 16 MARKET IN INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 53)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN WATERBORNE COATINGS MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Environmental regulations boosting demand for VOC-free coatings
                    5.2.1.2 Development of new technologies to enhance performance of coatings
                    5.2.1.3 Increasing demand from construction industry
           5.2.2 RESTRAINTS
                    5.2.2.1 Requirement of higher drying time for waterborne coatings
           5.2.3 OPPORTUNITIES
                    5.2.3.1 High growth potential in emerging economies
           5.2.4 CHALLENGES
                    5.2.4.1 Stringent regulatory policies
    5.3 PORTER'S FIVE FORCES ANALYSIS
           TABLE 2 WATERBORNE COATINGS MARKET: PORTER'S FIVE FORCES ANALYSIS
           FIGURE 18 PORTER'S FIVE FORCES ANALYSIS: WATERBORNE COATINGS MARKET
           5.3.1 THREAT OF NEW ENTRANTS
           5.3.2 THREAT OF SUBSTITUTES
           5.3.3 BARGAINING POWER OF BUYERS
           5.3.4 BARGAINING POWER OF SUPPLIERS
           5.3.5 DEGREE OF COMPETITIVE RIVALRY
    5.4 MACRO ECONOMIC INDICATOR ANALYSIS
           5.4.1 INTRODUCTION
           5.4.2 TRENDS AND FORECAST OF GDP
                    TABLE 3 TRENDS AND FORECAST OF GDP, PERCENTAGE CHANGE, 2019–2026
           5.4.3 TRENDS AND FORECAST FOR GLOBAL CONSTRUCTION INDUSTRY
                    FIGURE 19 GLOBAL SPENDING IN CONSTRUCTION INDUSTRY, 2017–2025
           5.4.4 TRENDS IN REGIONAL AUTOMOTIVE INDUSTRY
                    FIGURE 20 GLOBAL AUTOMOTIVE INDUSTRY PRODUCTION, 2019–2021
                    TABLE 4 AUTOMOTIVE INDUSTRY PRODUCTION, 2019–2021
           5.4.5 GROWTH TRENDS IN AEROSPACE INDUSTRY
                    TABLE 5 GROWTH INDICATORS OF AEROSPACE INDUSTRY, 2019–2040
                    FIGURE 21 WORLD AIRCRAFT FLEET PRODUCTION FORECAST, 2019–2040
                    TABLE 6 NUMBER OF REQUIRED AIRCRAFT, BY REGION
                    TABLE 7 NUMBER OF REQUIRED FREIGHT AIRCRAFT
                    TABLE 8 INDICATORS ENCOURAGING AEROSPACE INDUSTRY
    5.5 IMPACT OF COVID-19
    5.6 COVID-19 ECONOMIC ASSESSMENT
           FIGURE 22 ECONOMIC OUTLOOK FOR MAJOR COUNTRIES
           5.6.1 COVID-19 ECONOMIC IMPACT: SCENARIO ASSESSMENT
                    FIGURE 23 FACTORS THAT IMPACTED ECONOMIES OF SELECT G20 COUNTRIES IN 2020
    5.7 IMPACT OF COVID-19 ON END-USE INDUSTRIES
           5.7.1 IMPACT ON CONSTRUCTION INDUSTRY
           5.7.2 IMPACT ON AUTOMOTIVE INDUSTRY
           5.7.3 IMPACT ON PROTECTIVE AND GENERAL INDUSTRIAL
           5.7.4 IMPACT ON PACKAGING INDUSTRY
    5.8 VALUE CHAIN ANALYSIS
           FIGURE 24 WATERBORNE COATINGS MARKET: VALUE CHAIN
           TABLE 9 WATERBORNE COATINGS MARKET: SUPPLY CHAIN
    5.9 PRICING ANALYSIS
           FIGURE 25 AVERAGE PRICE OF WATERBORNE COATINGS, BY REGION
    5.10 PAINTS & COATINGS ECOSYSTEM AND INTERCONNECTED MARKET
           FIGURE 26 PAINTS & COATINGS MARKET: ECOSYSTEM
           5.10.1 YC AND YCC SHIFT
    5.11 TRADE DATA STATISTICS
           TABLE 10 COUNTRY-WISE EXPORT DATA FOR PAINTS AND VARNISHES BASED ON SYNTHETIC OR CHEMICALLY MODIFIED POLYMERS DISPERSED AND DISSOLVED IN AQUEOUS MEDIUM, 2020
           TABLE 11 COUNTRY-WISE EXPORT DATA FOR PAINTS AND VARNISHES BASED ON SYNTHETIC OR CHEMICALLY MODIFIED POLYMERS DISPERSED AND DISSOLVED IN NON-AQUEOUS MEDIUM, 2020
           TABLE 12 COUNTRY-WISE IMPORT DATA FOR PAINTS AND VARNISHES BASED ON SYNTHETIC OR CHEMICALLY MODIFIED POLYMERS DISPERSED AND DISSOLVED IN AQUEOUS MEDIUM, 2020
           TABLE 13 COUNTRY-WISE IMPORT DATA FOR PAINTS AND VARNISHES BASED ON SYNTHETIC OR CHEMICALLY MODIFIED POLYMERS DISPERSED AND DISSOLVED IN NON-AQUEOUS MEDIUM, 2020
    5.12 REGULATIONS
           5.12.1 COATING STANDARDS
    5.13 PATENT ANALYSIS
           5.13.1 METHODOLOGY
           5.13.2 PUBLICATION TRENDS
                    FIGURE 27 NUMBER OF PATENTS PUBLISHED, 2017–2021
           5.13.3 TOP JURISDICTION
                    FIGURE 28 PATENTS PUBLISHED BY JURISDICTIONS, 2016–2021
           5.13.4 TOP APPLICANTS
                    FIGURE 29 PATENTS PUBLISHED BY MAJOR APPLICANTS, 2016–2021
                    TABLE 14 RECENT PATENTS BY OWNERS
    5.14 CASE STUDY ANALYSIS
    5.15 TECHNOLOGY ANALYSIS
    5.16 GLOBAL ECONOMIC SCENARIO AFFECTING MARKET GROWTH
           5.16.1 CHINA
                    5.16.1.1 Economic meltdown
                    5.16.1.2 Australia-China trade war
                    5.16.1.3 Environmental commitments
           5.16.2 EUROPE
                    5.16.2.1 Manpower issues in UK

6 WATERBORNE COATINGS MARKET, BY RESIN TYPE (Page No. - 86)
    6.1 INTRODUCTION
           FIGURE 30 ACRYLIC IS LARGEST RESIN TYPE IN WATERBORNE COATINGS MARKET
           TABLE 15 WATERBORNE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2026 (USD MILLION)
           TABLE 16 WATERBORNE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2026 (KILOTON)
    6.2 ACRYLIC
           6.2.1 EXCEPTIONAL PHYSICAL PROPERTIES ARE DRIVING DEMAND FOR ACRYLIC RESINS
                    TABLE 17 PROPERTIES AND APPLICATIONS OF ACRYLIC RESINS
                    TABLE 18 WATERBORNE ACRYLIC COATINGS MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
                    TABLE 19 WATERBORNE ACRYLIC COATINGS MARKET SIZE, BY REGION, 2018–2026 (KILOTON)
    6.3 POLYESTER
           6.3.1 EFFECTIVENESS OF POLYESTERS IN LOW-VOC WATERBORNE FORMULATIONS DRIVING DEMAND
                    TABLE 20 WATERBORNE POLYESTER COATINGS MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
                    TABLE 21 WATERBORNE POLYESTER COATINGS MARKET SIZE, BY REGION, 2018–2026 (KILOTON)
    6.4 ALKYD
           6.4.1 HIGH DURABILITY AND GOOD DRYING CHARACTERISTICS ARE FACTORS DRIVING DEMAND
                    TABLE 22 PROPERTIES AND APPLICATIONS OF ALKYD RESINS
                    TABLE 23 WATERBORNE ALKYD COATINGS MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
                    TABLE 24 WATERBORNE ALKYD COATINGS MARKET SIZE, BY REGION, 2018–2026 (KILOTON)
    6.5 EPOXY
           6.5.1 EPOXY IS A HIGHLY VERSATILE RESIN WHICH FINDS APPLICATIONS IN VARIOUS INDUSTRIES
                    TABLE 25 WATERBORNE EPOXY COATINGS MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
                    TABLE 26 WATERBORNE EPOXY COATINGS MARKET SIZE, BY REGION, 2018–2026 (KILOTON)
    6.6 POLYURETHANE
           6.6.1 EXCELLENT COMBINATION OF PROPERTIES ARE LEADING TO DEMAND FOR POLYURETHANE COATINGS
                    TABLE 27 PROPERTIES AND APPLICATIONS OF POLYURETHANE RESINS
                    TABLE 28 WATERBORNE POLYURETHANE COATINGS MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
                    TABLE 29 WATERBORNE POLYURETHANE COATINGS MARKET SIZE, BY REGION, 2018–2026 (KILOTON)
    6.7 POLYTETRAFLUOROETHYLENE (PTFE)
           6.7.1 PTFE COATINGS HAVE DEMAND FOR GENERAL INDUSTRIAL APPLICATIONS
                    TABLE 30 WATERBORNE PTFE COATINGS MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
                    TABLE 31 WATERBORNE PTFE COATINGS MARKET SIZE, BY REGION, 2018–2026 (KILOTON)
    6.8 POLYVINYLIDENE FLUORIDE (PVDF)
           6.8.1 EMERGING PVDF COATING TECHNOLOGY EXPECTED TO GROW AT HIGH RATE IN FUTURE
                    TABLE 32 WATERBORNE PVDF COATINGS MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
                    TABLE 33 WATERBORNE PVDF COATINGS MARKET SIZE, BY REGION, 2018–2026 (KILOTON)
    6.9 POLYVINYLIDENE CHLORIDE (PVDC)
           6.9.1 PVDC IMPARTS HIGH GLOSS FINISH ON COATED PRODUCTS
                    TABLE 34 WATERBORNE PVDC COATINGS MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
                    TABLE 35 WATERBORNE PVDC COATINGS MARKET SIZE, BY REGION, 2018–2026 (KILOTON)
    6.10 OTHERS
           TABLE 36 OTHER WATERBORNE COATINGS MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
           TABLE 37 OTHER WATERBORNE COATINGS MARKET SIZE, BY REGION, 2018–2026 (KILOTON)

7 WATERBORNE COATINGS MARKET, BY APPLICATION (Page No. - 100)
    7.1 INTRODUCTION
           FIGURE 31 ARCHITECTURAL APPLICATION TO DOMINATE WATERBORNE COATINGS MARKET, 2021 VS. 2026 (USD MILLION)
           TABLE 38 WATERBORNE COATINGS MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
           TABLE 39 WATERBORNE COATINGS MARKET SIZE, BY APPLICATION, 2018–2026 (KILOTON)
           FIGURE 32 RESIDENTIAL APPLICATION TO DOMINATE DURING FORECAST PERIOD
           7.1.1 DISRUPTIONS DUE TO COVID-19
    7.2 ARCHITECTURAL
           TABLE 40 WATERBORNE COATINGS MARKET SIZE IN ARCHITECTURAL SECTOR, BY REGION, 2018–2026 (USD MILLION)
           TABLE 41 WATERBORNE COATINGS MARKET SIZE IN ARCHITECTURAL SECTOR BY REGION, 2018–2026 (KILOTON)
           TABLE 42 WATERBORNE COATINGS MARKET SIZE IN ARCHITECTURAL, BY APPLICATION, 2018–2026 (USD MILLION)
           TABLE 43 WATERBORNE COATINGS MARKET SIZE IN ARCHITECTURAL, BY APPLICATION, 2018–2026 (KILOTON)
           TABLE 44 WATERBORNE COATINGS MARKET SIZE IN RESIDENTIAL, BY APPLICATION, 2018–2026 (USD MILLION)
           TABLE 45 WATERBORNE COATINGS MARKET SIZE IN RESIDENTIAL, BY APPLICATION, 2018–2026 (KILOTON)
           7.2.1 RESIDENTIAL
                    TABLE 46 WATERBORNE COATINGS MARKET SIZE IN RESIDENTIAL, BY REGION, 2018–2026 (USD MILLION)
                    TABLE 47 WATERBORNE COATINGS MARKET SIZE IN RESIDENTIAL, BY REGION, 2018–2026 (KILOTON)
                    7.2.1.1 New construction
                               7.2.1.1.1 Rising home ownership is leading to high growth of construction industry in Asia Pacific and Middle East & Africa
                                            TABLE 48 WATERBORNE COATINGS MARKET SIZE IN NEW CONSTRUCTION, BY REGION, 2018–2026 (USD MILLION)
                                            TABLE 49 WATERBORNE COATINGS MARKET SIZE IN NEW CONSTRUCTION, BY REGION, 2018–2026 (KILOTON)
                    7.2.1.2 Remodel & repaint
                               7.2.1.2.1 Harsh weather conditions increase need for renovation and repair of constructions, driving growth of segment
                                            TABLE 50 WATERBORNE COATINGS MARKET SIZE IN REMODEL & REPAINT, BY REGION, 2018–2026 (USD MILLION)
                                            TABLE 51 WATERBORNE COATINGS MARKET SIZE IN REMODEL & REPAINT BY REGION, 2018–2026 (KILOTON)
           7.2.2 NON-RESIDENTIAL
                    7.2.2.1 Increased commercial and industrial developments are expected to drive market in this segment
                               TABLE 52 WATERBORNE COATINGS MARKET SIZE IN NON-RESIDENTIAL, BY REGION, 2018–2026 (USD MILLION)
                               TABLE 53 WATERBORNE COATINGS MARKET SIZE IN NON-RESIDENTIAL, BY REGION, 2018–2026 (KILOTON)
    7.3 INDUSTRIAL
           TABLE 54 WATERBORNE COATINGS MARKET SIZE IN INDUSTRIAL, BY REGION, 2018–2026 (USD MILLION)
           TABLE 55 WATERBORNE COATINGS MARKET SIZE IN INDUSTRIAL, BY REGION, 2018–2026 (KILOTON)
           TABLE 56 WATERBORNE COATINGS MARKET SIZE IN INDUSTRIAL, BY APPLICATION, 2018–2026 (USD MILLION)
           TABLE 57 WATERBORNE COATINGS MARKET SIZE IN INDUSTRIAL, BY APPLICATION, 2018–2026 (KILOTON)
           7.3.1 AUTOMOTIVE
                    7.3.1.1 Rising demand for electric vehicles expected to drive market
                               TABLE 58 WATERBORNE COATINGS MARKET SIZE IN AUTOMOTIVE, BY REGION, 2018–2026 (USD MILLION)
                               TABLE 59 WATERBORNE COATINGS MARKET SIZE IN AUTOMOTIVE, BY REGION, 2018–2026 (KILOTON)
           7.3.2 GENERAL INDUSTRIAL
                    7.3.2.1 Need for efficient process and durable coatings with better esthetics boosting market growth in this segment
                               TABLE 60 WATERBORNE COATINGS MARKET SIZE IN GENERAL INDUSTRIAL, BY REGION, 2018–2026 (USD MILLION)
                               TABLE 61 WATERBORNE COATINGS MARKET SIZE IN GENERAL INDUSTRIAL, BY REGION, 2018–2026 (KILOTON)
           7.3.3 PROTECTIVE
                    7.3.3.1 Asia Pacific is emerging as a strategic location for coating manufacturers in protective application
                               TABLE 62 WATERBORNE COATINGS MARKET SIZE IN PROTECTIVE, BY REGION, 2018–2026 (USD MILLION)
                               TABLE 63 WATERBORNE COATINGS MARKET SIZE IN PROTECTIVE, BY REGION, 2018–2026 (KILOTON)
           7.3.4 WOOD
                    7.3.4.1 Rising construction and infrastructure activities increasing demand for waterborne coatings
                               TABLE 64 WATERBORNE COATINGS MARKET SIZE IN WOOD, BY REGION, 2018–2026 (USD MILLION)
                               TABLE 65 WATERBORNE COATINGS MARKET SIZE IN WOOD, BY REGION, 2018–2026 (KILOTON)
           7.3.5 MARINE
                    7.3.5.1 Slow growth of shipbuilding sector is hampering demand for waterborne coatings in marine
                               TABLE 66 WATERBORNE COATINGS MARKET SIZE IN MARINE, BY REGION, 2018–2026 (USD MILLION)
                               TABLE 67 WATERBORNE COATINGS MARKET SIZE IN MARINE BY REGION, 2018–2026 (KILOTON)
           7.3.6 PACKAGING
                    7.3.6.1 Improved lifestyles and changing food habits are leading to high market growth
                               TABLE 68 WATERBORNE COATINGS MARKET SIZE IN PACKAGING BY REGION, 2018–2026 (USD MILLION)
                               TABLE 69 WATERBORNE COATINGS MARKET SIZE IN PACKAGING, BY REGION, 2018–2026 (KILOTON)
           7.3.7 COIL
                    7.3.7.1 Waterborne coatings offer durability and cost-benefit properties to coils
                               TABLE 70 WATERBORNE COATINGS MARKET SIZE IN COIL, BY REGION, 2018–2026 (USD MILLION)
                               TABLE 71 WATERBORNE COATINGS MARKET SIZE IN COIL, BY REGION, 2018–2026 (KILOTON)
           7.3.8 OTHERS
                    TABLE 72 WATERBORNE COATINGS MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2018–2026 (USD MILLION)
                    TABLE 73 WATERBORNE COATINGS MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2018–2026 (KILOTON)

8 WATERBORNE COATINGS MARKET, BY REGION (Page No. - 120)
    8.1 INTRODUCTION
           FIGURE 33 ASIA PACIFIC TO BE FASTEST-GROWING WATERBORNE COATINGS MARKET
           TABLE 74 WATERBORNE COATINGS MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
           TABLE 75 WATERBORNE COATINGS MARKET SIZE, BY REGION, 2018–2026 (KILOTON)
    8.2 ASIA PACIFIC
           FIGURE 34 ASIA PACIFIC: WATERBORNE COATINGS MARKET SNAPSHOT
           TABLE 76 ASIA PACIFIC: WATERBORNE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2026 (USD MILLION)
           TABLE 77 ASIA PACIFIC: WATERBORNE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2026 (KILOTON)
           TABLE 78 ASIA PACIFIC: WATERBORNE COATINGS MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
           TABLE 79 ASIA PACIFIC: WATERBORNE COATINGS MARKET SIZE, BY APPLICATION, 2018–2026 (KILOTON)
           TABLE 80 ASIA PACIFIC: WATERBORNE COATINGS MARKET SIZE, BY ARCHITECTURAL APPLICATION, 2018–2026 (USD MILLION)
           TABLE 81 ASIA PACIFIC: WATERBORNE COATINGS MARKET SIZE, BY ARCHITECTURAL APPLICATION, 2018–2026 (KILOTON)
           TABLE 82 ASIA PACIFIC: WATERBORNE COATINGS MARKET SIZE, BY RESIDENTIAL APPLICATION, 2018–2026 (USD MILLION)
           TABLE 83 ASIA PACIFIC: WATERBORNE COATINGS MARKET SIZE, BY RESIDENTIAL APPLICATION, 2018–2026 (KILOTON)
           TABLE 84 ASIA PACIFIC: WATERBORNE COATINGS MARKET SIZE, BY INDUSTRIAL APPLICATION, 2018–2026 (USD MILLION)
           TABLE 85 ASIA PACIFIC: WATERBORNE COATINGS MARKET SIZE, BY INDUSTRIAL APPLICATION, 2018–2026 (KILOTON)
           TABLE 86 ASIA PACIFIC: WATERBORNE COATINGS MARKET SIZE, BY COUNTRY, 2018–2026 (USD MILLION)
           TABLE 87 ASIA PACIFIC: WATERBORNE COATINGS MARKET SIZE, BY COUNTRY, 2018–2026 (KILOTON)
           8.2.1 CHINA
                    8.2.1.1 Significant government investments in infrastructure development leading to growth of construction industry
                               TABLE 88 CHINA’S TOP INFRASTRUCTURE PROJECTS
           8.2.2 INDIA
                    8.2.2.1 Boom in real estate industry expected to drive waterborne coatings market
                               TABLE 89 UPCOMING INFRASTRUCTURE PROJECTS IN INDIA
           8.2.3 JAPAN
                    8.2.3.1 Investments in infrastructural markets by public and private sectors are expected to boost demand for waterborne coatings
                               TABLE 90 MEGA INFRASTRUCTURE PROJECTS IN JAPAN
           8.2.4 INDONESIA
                    8.2.4.1 Increasing penetration of Japanese car manufacturers is expected to lead to market growth
           8.2.5 THAILAND
                    8.2.5.1 Automotive is key industry contributing significantly to market growth
           8.2.6 REST OF ASIA PACIFIC
    8.3 EUROPE
           FIGURE 35 EUROPE: WATERBORNE COATINGS MARKET SNAPSHOT
           TABLE 91 MAJOR INFRASTRUCTURE PROJECTS IN EUROPE
           TABLE 92 EUROPE: WATERBORNE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2026 (USD MILLION)
           TABLE 93 EUROPE: WATERBORNE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2026 (KILOTON)
           TABLE 94 EUROPE: WATERBORNE COATINGS MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
           TABLE 95 EUROPE: WATERBORNE COATINGS MARKET SIZE, BY APPLICATION, 2018–2026 (KILOTON)
           TABLE 96 EUROPE: WATERBORNE COATINGS MARKET SIZE, BY ARCHITECTURAL APPLICATION, 2018–2026 (USD MILLION)
           TABLE 97 EUROPE: WATERBORNE COATINGS MARKET SIZE, BY ARCHITECTURAL APPLICATION, 2018–2026 (KILOTON)
           TABLE 98 EUROPE: WATERBORNE COATINGS MARKET SIZE, BY RESIDENTIAL APPLICATION, 2018–2026 (USD MILLION)
           TABLE 99 EUROPE: WATERBORNE COATINGS MARKET SIZE, BY RESIDENTIAL APPLICATION, 2018–2026 (KILOTON)
           TABLE 100 EUROPE: WATERBORNE COATINGS MARKET SIZE, BY INDUSTRIAL APPLICATION, 2018–2026 (USD MILLION)
           TABLE 101 EUROPE: WATERBORNE COATINGS MARKET SIZE, BY INDUSTRIAL APPLICATION, 2018–2026 (KILOTON)
           TABLE 102 EUROPE: WATERBORNE COATINGS MARKET SIZE, BY COUNTRY, 2018–2026 (USD MILLION)
           TABLE 103 EUROPE: WATERBORNE COATINGS MARKET SIZE, BY COUNTRY, 2018–2026 (KILOTON)
           8.3.1 GERMANY
                    8.3.1.1 Favorable economic environment for construction sector and rising demand for new homes from new migrants leading to market growth
           8.3.2 RUSSIA
                    8.3.2.1 Crisis in automotive industry owing to currency devaluation leading to moderate market growth
           8.3.3 ITALY
                    8.3.3.1 New project finance rules and investment policies in construction sector expected to boost market growth
           8.3.4 TURKEY
                    8.3.4.1 Rapid urbanization and diversification in consumer goods are positively impacting market
           8.3.5 FRANCE
                    8.3.5.1 Reviving economy coupled with investments in infrastructure expected to boost demand for waterborne coatings
           8.3.6 UK
                    8.3.6.1 Growing construction sector along with government investments expected to spur market growth
           8.3.7 SPAIN
                    8.3.7.1 Increase in housing units boosts demand for waterborne coatings
           8.3.8 REST OF EUROPE
    8.4 NORTH AMERICA
           FIGURE 36 NORTH AMERICA: WATERBORNE COATINGS MARKET SNAPSHOT
           TABLE 104 NORTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2026 (USD MILLION)
           TABLE 105 NORTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2026 (KILOTON)
           TABLE 106 NORTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
           TABLE 107 NORTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY APPLICATION, 2018–2026 (KILOTON)
           TABLE 108 NORTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY ARCHITECTURAL APPLICATION, 2018–2026 (USD MILLION)
           TABLE 109 NORTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY ARCHITECTURAL APPLICATION, 2018–2026 (KILOTON)
           TABLE 110 NORTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY RESIDENTIAL APPLICATION, 2018–2026 (USD MILLION)
           TABLE 111 NORTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY RESIDENTIAL APPLICATION, 2018–2026 (KILOTON)
           TABLE 112 NORTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY INDUSTRIAL APPLICATION, 2018–2026 (USD MILLION)
           TABLE 113 NORTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY INDUSTRIAL APPLICATION, 2018–2026 (KILOTON)
           TABLE 114 NORTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY COUNTRY, 2018–2026 (USD MILLION)
           TABLE 115 NORTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY COUNTRY, 2018–2026 (KILOTON)
           TABLE 116 INFRASTRUCTURE PROJECTS IN NORTH AMERICA
           8.4.1 US
                    8.4.1.1 Presence of major manufacturers fueling market growth
           8.4.2 CANADA
                    8.4.2.1 Construction industry expected to be major contributor to market growth
           8.4.3 MEXICO
                    8.4.3.1 New construction in residential segment expected to drive market
    8.5 MIDDLE EAST & AFRICA
           FIGURE 37 MIDDLE EAST & AFRICA: WATERBORNE COATINGS MARKET SNAPSHOT
           TABLE 117 MIDDLE EAST & AFRICA: WATERBORNE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2026 (USD MILLION)
           TABLE 118 MIDDLE EAST & AFRICA: WATERBORNE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2026 (KILOTON)
           TABLE 119 MIDDLE EAST & AFRICA: WATERBORNE COATINGS MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
           TABLE 120 MIDDLE EAST & AFRICA: WATERBORNE COATINGS MARKET SIZE, BY APPLICATION, 2018–2026 (KILOTON)
           TABLE 121 MIDDLE EAST & AFRICA: WATERBORNE COATINGS MARKET SIZE, BY ARCHITECTURAL APPLICATION, 2018–2026 (USD MILLION)
           TABLE 122 MIDDLE EAST & AFRICA: WATERBORNE COATINGS MARKET SIZE, BY ARCHITECTURAL APPLICATION, 2018–2026 (KILOTON)
           TABLE 123 MIDDLE EAST & AFRICA: WATERBORNE COATINGS MARKET SIZE, BY RESIDENTIAL APPLICATION, 2018–2026 (USD MILLION)
           TABLE 124 MIDDLE EAST & AFRICA: WATERBORNE COATINGS MARKET SIZE, BY RESIDENTIAL APPLICATION, 2018–2026 (KILOTON)
           TABLE 125 MIDDLE EAST & AFRICA: WATERBORNE COATINGS MARKET SIZE, BY INDUSTRIAL APPLICATION, 2018–2026 (USD MILLION)
           TABLE 126 MIDDLE EAST & AFRICA: WATERBORNE COATINGS MARKET SIZE, BY INDUSTRIAL APPLICATION, 2018–2026 (KILOTON)
           TABLE 127 MIDDLE EAST & AFRICA: WATERBORNE COATINGS MARKET SIZE, BY COUNTRY, 2018–2026 (USD MILLION)
           TABLE 128 MIDDLE EAST & AFRICA: WATERBORNE COATINGS MARKET SIZE, BY COUNTRY, 2018–2026 (KILOTON)
           8.5.1 SAUDI ARABIA
                    8.5.1.1 Significant government investments in infrastructure development to boost tourism
           8.5.2 SOUTH AFRICA
                    8.5.2.1 Significant demand for architectural coatings in building projects
           8.5.3 EGYPT
           8.5.4 REST OF MIDDLE EAST & AFRICA
    8.6 SOUTH AMERICA
           FIGURE 38 SOUTH AMERICA: WATERBORNE COATINGS MARKET SNAPSHOT
           TABLE 129 SOUTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2026 (USD MILLION)
           TABLE 130 SOUTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY RESIN TYPE, 2018–2026 (KILOTON)
           TABLE 131 SOUTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
           TABLE 132 SOUTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY APPLICATION, 2018–2026 (KILOTON)
           TABLE 133 SOUTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY ARCHITECTURAL APPLICATION, 2018–2026 (USD MILLION)
           TABLE 134 SOUTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY ARCHITECTURAL APPLICATION, 2018–2026 (KILOTON)
           TABLE 135 SOUTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY RESIDENTIAL APPLICATION, 2018–2026 (USD MILLION)
           TABLE 136 SOUTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY RESIDENTIAL APPLICATION, 2018–2026 (KILOTON)
           TABLE 137 SOUTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY INDUSTRIAL APPLICATION, 2018–2026 (USD MILLION)
           TABLE 138 SOUTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY INDUSTRIAL APPLICATION, 2018–2026 (KILOTON)
           TABLE 139 SOUTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY COUNTRY, 2018–2026 (USD MILLION)
           TABLE 140 SOUTH AMERICA: WATERBORNE COATINGS MARKET SIZE, BY COUNTRY, 2018–2026 (KILOTON)
           8.6.1 BRAZIL
                    8.6.1.1 Investment Partnership Program has promoted private sector participation in infrastructure development
           8.6.2 ARGENTINA
                    8.6.2.1 China-built projects have improved livelihood and created employment opportunities
           8.6.3 REST OF SOUTH AMERICA

9 COMPETITIVE LANDSCAPE (Page No. - 160)
    9.1 OVERVIEW
           TABLE 141 OVERVIEW OF STRATEGIES ADOPTED BY KEY WATERBORNE COATINGS PLAYERS (2017–2021)
    9.2 WATERBORNE COATINGS MARKET SHARE ANALYSIS
           FIGURE 39 WATERBORNE COATINGS MARKET SHARE ANALYSIS, 2020
           TABLE 142 WATERBORNE COATINGS MARKET SHARE, BY DEGREE OF COMPETITION, 2020
    9.3 REVENUE ANALYSIS
           FIGURE 40 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2016–2020
           9.3.1 SHERWIN-WILLIAMS
           9.3.2 PPG INDUSTRIES
           9.3.3 AKZONOBEL
           9.3.4 NIPPON PAINT
           9.3.5 RPM INTERNATIONAL
    9.4 COMPANY EVALUATION QUADRANT MATRIX: DEFINITIONS AND METHODOLOGY, 2020
           9.4.1 STAR
           9.4.2 EMERGING LEADERS
           9.4.3 PERVASIVE
           9.4.4 PARTICIPANTS
                    FIGURE 41 WATERBORNE COATINGS MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING, 2020
    9.5 SME MATRIX, 2020
           9.5.1 PROGRESSIVE COMPANIES
           9.5.2 STARTING BLOCKS
           9.5.3 RESPONSIVE COMPANIES
           9.5.4 DYNAMIC COMPANIES
                    FIGURE 42 WATERBORNE COATINGS MARKET: EMERGING COMPANIES COMPETITIVE LEADERSHIP MAPPING, 2020
    9.6 STRENGTH OF PRODUCT PORTFOLIO
           FIGURE 43 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN WATERBORNE COATINGS MARKET
    9.7 BUSINESS STRATEGY EXCELLENCE
           FIGURE 44 BUSINESS STRATEGY ANALYSIS OF TOP PLAYERS IN WATERBORNE COATINGS MARKET
    9.8 COMPETITIVE SCENARIO
           9.8.1 MARKET EVALUATION FRAMEWORK
                    TABLE 143 STRATEGIC DEVELOPMENTS, BY COMPANY
                    TABLE 144 HIGHEST FOLLOWED STRATEGIES
                    FIGURE 45 GROWTH STRATEGIES ADOPTED, BY KEY COMPANY
           9.8.2 MARKET EVALUATION MATRIX
                    TABLE 145 OVERALL FOOTPRINTS OF COMPANIES
                    TABLE 146 INDUSTRY FOOTPRINT OF COMPANIES
                    TABLE 147 REGION FOOTPRINTS OF COMPANIES
           9.8.3 COMPETITIVE SCENARIOS AND TRENDS
                    TABLE 148 WATERBORNE COATINGS MARKET: PRODUCT LAUNCHES, 2017–2021
                    TABLE 149 WATERBORNE COATINGS MARKET: DEALS, 2017–2021
                    TABLE 150 WATERBORNE COATINGS MARKET: OTHERS, 2017–2021

10 COMPANY PROFILES (Page No. - 187)
     10.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats)* 
             10.1.1 THE SHERWIN-WILLIAMS COMPANY
                        TABLE 151 SHERWIN-WILLIAMS COMPANY: COMPANY OVERVIEW
                        FIGURE 46 THE SHERWIN-WILLIAMS COMPANY: COMPANY SNAPSHOT
                        TABLE 152 SHERWIN-WILLIAMS COMPANY: PRODUCT LAUNCHES
                        TABLE 153 SHERWIN-WILLIAMS COMPANY: DEALS
             10.1.2 BASF SE
                        TABLE 154 BASF SE: COMPANY OVERVIEW
                        FIGURE 47 BASF SE: COMPANY SNAPSHOT
             10.1.3 AKZONOBEL N.V.
                        TABLE 155 AKZONOBEL N.V.: COMPANY OVERVIEW
                        FIGURE 48 AKZONOBEL N.V.: COMPANY SNAPSHOT
                        TABLE 156 AKZONOBEL N.V.: PRODUCT LAUNCHES
                        TABLE 157 AKZONOBEL N.V.: DEALS
             10.1.4 PPG INDUSTRIES INC.
                        TABLE 158 PPG INDUSTRIES: COMPANY OVERVIEW
                        FIGURE 49 PPG INDUSTRIES, INC.: COMPANY SNAPSHOT
                        TABLE 159 PPG INDUSTRIES: PRODUCT LAUNCHES
                        TABLE 160 PPG INDUSTRIES: DEALS
                        TABLE 161 PPG INDUSTRIES: OTHERS
             10.1.5 RPM INTERNATIONAL INC.
                        TABLE 162 RPM INTERNATIONAL INC.: COMPANY OVERVIEW
                        FIGURE 50 RPM INTERNATIONAL INC.: COMPANY SNAPSHOT
                        TABLE 163 RPM INTERNATIONAL: DEALS
             10.1.6 ASIAN PAINTS LIMITED
                        TABLE 164 ASIAN PAINTS LIMITED: COMPANY OVERVIEW
                        FIGURE 51 ASIAN PAINTS LIMITED: COMPANY SNAPSHOT
                        TABLE 165 ASIAN PAINTS LIMITED: PRODUCT LAUNCHES
                        TABLE 166 ASIAN PAINTS LIMITED: DEALS
             10.1.7 AXALTA COATING SYSTEMS, LTD.
                        TABLE 167 AXALTA COATING SYSTEMS, LTD.: COMPANY OVERVIEW
                        FIGURE 52 AXALTA COATING SYSTEMS, LTD.: COMPANY SNAPSHOT
                        TABLE 168 AXALTA COATING SYSTEMS, LTD.: PRODUCT LAUNCHES
                        TABLE 169 AXALTA COATING SYSTEMS, LTD.: DEALS
             10.1.8 NIPPON PAINT HOLDINGS CO. LTD.
                        TABLE 170 NIPPON PAINT HOLDINGS CO., LTD.: COMPANY OVERVIEW
                        FIGURE 53 NIPPON PAINT HOLDINGS CO.: COMPANY SNAPSHOT
                        TABLE 171 NIPPON PAINT HOLDINGS CO., LTD.: PRODUCT LAUNCHES
                        TABLE 172 NIPPON PAINT HOLDINGS CO., LTD.: DEALS
             10.1.9 KANSAI PAINT CO. LTD.
                        TABLE 173 KANSAI PAINTS CO., LTD.: COMPANY OVERVIEW
                        FIGURE 54 KANSAI PAINT CO., LTD.: COMPANY SNAPSHOT
                        TABLE 174 KANSAI PAINTS CO., LTD.: DEALS
             10.1.10 JOTUN GROUP
                        TABLE 175 JOTUN GROUP: COMPANY OVERVIEW
                        FIGURE 55 JOTUN GROUP: COMPANY SNAPSHOT
                        TABLE 176 JOTUN A/S: DEALS
     10.2 OTHER KEY COMPANIES
             10.2.1 BERGER PAINTS INDIA LTD.
                        TABLE 177 BERGER PAINTS INDIA LTD.: COMPANY OVERVIEW
             10.2.2 TEKNOS GROUP
                        TABLE 178 TEKNOS GROUP: COMPANY OVERVIEW
             10.2.3 MASCO CORPORATION
                        TABLE 179 MASCO CORPORATION: COMPANY OVERVIEW
             10.2.4 HEMPEL A/S
                        TABLE 180 HEMPEL A/S: COMPANY OVERVIEW
             10.2.5 DULUXGROUP LTD.
                        TABLE 181 DULUXGROUP LTD.: COMPANY OVERVIEW
             10.2.6 DIAMOND VOGEL PAINT COMPANY
                        TABLE 182 DIAMOND VOGEL PAINT COMPANY: COMPANY OVERVIEW
             10.2.7 BENJAMIN MOORE & CO.
                        TABLE 183 BENJAMIN MOORE & CO.: COMPANY OVERVIEW
             10.2.8 KELLY-MOORE PAINTS
                        TABLE 184 KELLY-MOORE PAINTS: COMPANY OVERVIEW
             10.2.9 STAHL HOLDINGS B.V.
                        TABLE 185 STAHL HOLDINGS B.V.: COMPANY OVERVIEW
             10.2.10 CROMOLOGY (FORMERLY MATERIS PAINTS)
                        TABLE 186 CROMOLOGY (FORMERLY MATERIS PAINTS): COMPANY OVERVIEW
             10.2.11 CLOVERDALE PAINT INC.
                        TABLE 187 CLOVERDALE PAINT INC.: COMPANY OVERVIEW
             10.2.12 BRILLUX GMBH & CO. KG
                        TABLE 188 BRILLUX GMBH & CO. KG: COMPANY OVERVIEW
             10.2.13 CARPOLY CHEMICAL GROUP CO., LTD.
                        TABLE 189 CARPOLY CHEMICAL GROUP CO., LTD. COMPANY OVERVIEW
             10.2.14 LANCO PAINTS
                        TABLE 190 LANCO PAINTS: COMPANY OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats might not be captured in case of unlisted companies. 

11 ADJACENT/RELATED MARKETS (Page No. - 231)
     11.1 INTRODUCTION
     11.2 LIMITATIONS
     11.3 COATING RESINS
             11.3.1 MARKET DEFINITION
             11.3.2 MARKET OVERVIEW
             11.3.3 COATING RESINS MARKET, BY RESIN TYPE
                        TABLE 191 COATING RESINS MARKET SIZE, BY RESIN TYPE, 2019–2026 (USD MILLION)
                        TABLE 192 COATING RESINS MARKET SIZE, BY RESIN TYPE, 2019–2026 (KILOTON)
                        11.3.3.1 Acrylic
                        11.3.3.2 Alkyd
                        11.3.3.3 Vinyl
                        11.3.3.4 Polyurethane
                        11.3.3.5 Epoxy
                        11.3.3.6 Unsaturated polyester
                        11.3.3.7 Saturated polyester
                        11.3.3.8 Amino
                        11.3.3.9 Others
             11.3.4 COATING RESINS MARKET, BY TECHNOLOGY
                        TABLE 193 COATING RESINS MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                        TABLE 194 COATING RESINS MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTON)
                        11.3.4.1 Waterborne coatings
                        11.3.4.2 Solventborne coatings
                        11.3.4.3 Powder coatings
                        11.3.4.4 Others
                                     11.3.4.4.1 High solid coatings
                                     11.3.4.4.2 Radiation curable coatings
             11.3.5 COATING RESINS MARKET, BY APPLICATION
                        TABLE 195 COATING RESINS MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                        TABLE 196 COATING RESINS MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)
                        11.3.5.1 Architectural coatings
                        11.3.5.2 Marine & protective coatings
                        11.3.5.3 General industrial coatings
                        11.3.5.4 Automotive coatings
                        11.3.5.5 Wood coatings
                        11.3.5.6 Packaging coatings
                        11.3.5.7 Coil coatings
                        11.3.5.8 Others
                                     11.3.5.8.1 Aerospace
                                     11.3.5.8.2 Graphic arts
             11.3.6 COATING RESINS MARKET, BY REGION
                        TABLE 197 COATING RESINS MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
                        TABLE 198 COATING RESINS MARKET SIZE, BY REGION, 2019–2026 (KILOTON)
                        11.3.6.1 Asia Pacific
                        11.3.6.2 Europe
                        11.3.6.3 North America
                        11.3.6.4 Middle East & Africa
                        11.3.6.5 South America

12 APPENDIX (Page No. - 243)
     12.1 DISCUSSION GUIDE
     12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     12.3 AVAILABLE CUSTOMIZATIONS
     12.4 RELATED REPORTS
     12.5 AUTHOR DETAILS

The study involved four major activities in estimating the current market size of waterborne coatings. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation methods were used to estimate the size of the segments and subsegments of the overall market.

Secondary Research

This research report involves the use of extensive secondary sources, directories, and databases, such as Bloomberg, BusinessWeek, Factiva, ICIS, and OneSource, to identify and collect information useful for the technical, market-oriented, and commercial study of the waterborne coatings market. The secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, and articles from recognized authors, authenticated directories, and databases.

Primary Research

The waterborne coatings market comprises several stakeholders, such as raw material suppliers, processors, end-product manufacturers, and regulatory organizations. The demand side of this market is characterized by the development of the packaging & paper, construction, woodworking, and medical applications. The supply side included industry experts, such as CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from various companies and organizations operating in the market. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Following is the breakdown of primary respondents:

Waterborne Coatings Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Top-Down Approach

In the top-down approach, the overall waterborne coatings market size was used to estimate the size of the applications and resin types at regional levels through percentage splits from secondary and primary research.

  • During the course of the study, we have collected information from various secondary and primary sources. We collectively analyzed all the sources both, from the demand and supply sides and evaluated the parent report information (MnM repository) for waterborne coatings. In this approach, the market size was assessed from the supply side. Firstly, the overall waterborne coatings market size was evaluated. This helped quantify the overall waterborne global coatings market. The penetration in different regions was determined through secondary research and by interaction with industry experts.
  • Ascertaining the share of various segments in the overall waterborne coatings market led to the calculation of the market size in terms of volume (Kiloton).
  • The share of the waterborne coatings market in overall paints & coatings was ascertained based on the insights provided by industry experts and data obtained from secondary research. The overall market size of waterborne coatings was then estimated from the overall waterborne coatings market in terms of volume. Then, by multiplying the market size (by value) with the average price of waterborne coatings, the value of the market was estimated.
  • After estimating the market size/share and growth rate through secondary sources, we validated and authenticated the market estimation and projection through our industry experts from the suppliers' side and validated the information with global associations across different regions and countries to share their suggestions and verification of the estimated market size.
  • Accordingly, we have finalized the market size estimation and growth projections for all the regions and finally arrived at the global market size/share in terms of both, value and volume.
  • Similarly, the market for all other segments was derived and verified.

Market Size Estimation: Top-Down Approach

Waterborne Coatings Market Size, and Top-Down Approach

Market Size Estimation: Waterborne Coatings Market

Waterborne Coatings Market Size, and Top-Down Approach

Waterborne Coatings Market By Region

Waterborne Coatings Market Size, and Region

Waterborne Coatings Market By Application

Waterborne Coatings Market Size, and Application

Bottom-Up Approach

The bottom-up approach was used to arrive at the overall size of the waterborne coatings market from the revenues of the key players in the market in 2018. With the data triangulation procedure and validation of data through primary interviews, the exact values of the overall parent market size and individual market sizes were determined and confirmed in this study. The bottom-up approach was implemented to validate the sizes of the market segments in terms of value.

Market Size Estimation: Bottom-Up Approach By Application

Waterborne Coatings Market Size, and Bottom-Up Approach

Market Forecast Approach

Demand-Side Forecast Projection

Waterborne Coatings Market Size, and Forecast Approach

Factor Analysis

Waterborne Coatings Market Size, and Factor Analysis

Data Triangulation

After arriving at the overall market size, the market was split into several segments. To complete the overall market engineering process and arrive at the exact statistics for all segments, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. In addition, the market was validated using both, the top-down and bottom-up approaches.

Waterborne Coatings Market: Data Triangulation

Waterborne Coatings Market Size, and Data Triangulation

Report Objectives

  • To analyze and forecast the waterborne coatings market, in terms of value and volume
  • To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
  • To analyze and forecast the size of the market based on resin type and application
  • To estimate and forecast the market size based on five regions, namely, Asia Pacific (APAC), North America, Europe, the Middle East & Africa, and South America
  • To estimate and forecast the waterborne coatings market at the country-level in each of the regions
  • To analyze the market opportunities and competitive landscape of the market leaders and stakeholders
  • To analyze the competitive developments, such as investment & expansion and merger & acquisition, in the waterborne coatings market
  • To strategically identify and profile the key market players and analyze their core competencies

Available Customizations

MarketsandMarkets offers customizations according to the specific needs of the companies with the given market data.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • A further breakdown of the waterborne coatings market, by country

Company Information

  • Detailed analysis and profiling of additional market players (up to five)
Waterborne Coatings Market Size,  Share & Growth Report
Report Code
CH 2609
Published ON
Feb, 2022
Choose License Type
BUY NOW
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status