About Water Soluble Paints
Water soluble paints are coatings in which water is used as a dispersal agent for the resin, thereby making them environment-friendly and easy to use. Water constitutes around 80 percent of the volume of the paint, with traces of other solvents such as glycol ethers. Because of their low VOC content, these coatings are gaining popularity in the US and Western Europe.
TechNavio's analysts forecast the Global Water Soluble Paints market to grow at a CAGR of 3.34 percent over the period 2014-2019.
Covered in this Report
The Global Water Soluble Paints market can be segmented into: Polyacrylate-based/Acrylic, Polyester-based, Alkyd-based, Epoxy-based, and Epoxy Ester-based.
TechNavio's report, Global Water Soluble Paints Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, the Americas, and Europe; it also covers the Global Water Soluble Paints market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Water-Soluble Paints Market 2015-2019
Technavio recognizes the following companies as the key players in Global Water-Soluble Paints Market 2015-2019: AkzoNobel, Asian Paints, Nippon, PPG Industries, Sherwin-Williams and Valspar.
Other Prominent Vendors in the market are: Axalta, Benjamin Moore, Berger Paints, Brillux, DAW Caparol, Diamond Vogel, Dulux Australia, Dunn Edwards, Jotun, Kansai, Materis, Meffert, Nippon and Tikkurila.
Commenting on the report, an analyst from Technavio’s team said: “Advances in technology concerning the production of water-soluble paints are expected to contribute to the growth of the market. Dow Chemicals has invented a new technology in the market called AVANSE MV-100. The AVANSE MV-100 resin has high-performance acrylic binders that are used to coat metal surfaces.”
According to the report, government regulations concerning the development of infrastructure are expected to increase the usage of water-soluble paints globally. The Clean Air Act of 1990 in the US makes it compulsory to reduce the VOC and HAP content levels in paints and coatings.
Further, the report states that manufacturing water-soluble paints with virtually zero VOC hinders market growth.
AkzoNobel, Asian Paints, Nippon, PPG Industries, Sherwin-Williams, Valspar, Axalta, Benjamin Moore, Berger Paints, Brillux, DAW Caparol, Diamond Vogel, Dulux Australia, Dunn Edwards, Jotun, Kansai, Materis, Meffert, Nippon, Tikkurila