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Global Waterborne Coatings Market 2016-2020

Global Waterborne Coatings Market 2016-2020

About Waterborne Coatings

Waterborne coating is a type of coating, which uses water as a solvent. Water is used as a dispersal agent for resins, thereby making them eco-friendly and easy to use. Water constitutes 80% of the volume of the paint, with traces of other solvents, such as glycol ethers. These coatings are gaining wide application in the US and Western Europe because of their low level of volatile organic carbon (VOC) content. Waterborne coatings are used to enhance the appearance of buildings, fireproofing systems, offices, and factories, as well as to protect them from moisture, ultraviolet (UV) radiation, and microbes. Paints, primers, lacquers, varnishes, and stains are some of the main types of waterborne coating products. These products are formulated using various types of resins, such as acrylics, alkyds, polyesters, and polyurethanes. Waterborne coatings are further classified as water-soluble paints, emulsion-latex coatings, and water-based alkyd coatings.

Technavio’s analysts forecast the global waterborne coatings market to grow at a CAGR of 4.80% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global waterborne coatings market for 2016-2020. To calculate the market size, Technavio considers the revenue generated through sales of waterborne coating products for applications in the architecture, general, automotive, wood, coil, marine, and other industries. The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Waterborne Coatings Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Akzo Nobel
  • Axalta Coating Systems
  • BASF
  • PPG Industries
  • RPM International
  • Sherwin-Williams
Other prominent vendors
  • Jotun
  • Kansai Paint
  • Nippon Paint
  • Sika
  • Valspar
Market driver
  • Decrease in demand for solvent-based coating
  • For a full, detailed list, view our report
Market challenge
  • Increasing use of new coating process technology
  • For a full, detailed list, view our report
Market trend
  • Growing consumption of nanocoatings
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Waterborne Coatings Market 2016-2020



Technavio recognizes the following companies as the key players in the global waterborne coatings market: Akzo Nobel, Axalta Coating Systems, BASF, PPG Industries, RPM International, and Sherwin-Williams



Other prominent vendors in the market are: Jotun, Kansai Paint, Nippon Paint, Sika, and Valspar.



Commenting on the report, an analyst from Technavio’s team said: “The incorporation of materials such as nanoparticles in waterborne coatings is a relatively new concept in the market. The use of nanocoatings in different end-use industries, such as automotive, construction, and energy, helps minimize material use, reduce wastage, and optimize energy consumption while improving the product performance. Nanocoatings consist of a water-soluble base, which helps in imparting stability to products such as automotive parts and wood furniture.”



According to the report, Despite the performance limitations of waterborne coatings, they are gaining demand in the market owing to these stringent regulations. New product developments and innovations are enabling the emergence of eco-friendly coatings, which are temperature and heat resistant and suitable for end-use industries, such as architecture, marine, wood, and automotive. Thus, the low demand for solvent-free coatings is propelling market growth for waterborne coatings through new coating chemistries and product innovations.

Further, the report states that the global waterborne coatings market is experiencing the introduction of new coating processes that enhance coating efficiency, and thus, reduce the consumption volume of coatings. Growing adoption of specially-designed spray guns with features, such as high-volume-low-pressure and low-pressure-low-volume for waterborne coating applications has led to a decrease in the volume of coatings consumed.



Companies Mentioned

Akzo Nobel, Axalta Coating Systems, BASF, PPG Industries, RPM International, Sherwin-Williams, Jotun, Kansai Paint, Nippon Paint, Sika, Valspar.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global waterborne coatings market
      • Table Global waterborne coatings market by product
      • Table Global waterborne coatings market by application
      • Table Global waterborne coatings market by geography
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Paints and colors processing
  • Market landscape
    • Market size and forecast
      • Table Global waterborne coatings market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global waterborne coatings market by product
      • Table Global waterborne coatings market by product 2015
      • Table Global waterborne coatings market by product 2020
    • Global waterborne coatings market by water-soluble paints
      • Table Global waterborne coatings market by water-soluble paints 2015-2020 ($ billions)
      • Table Water-soluble paints by resin type 2015 and 2020
    • Global waterborne coatings market by emulsion-latex coatings
      • Table Global waterborne coatings market by emulsion-latex coatings 2015-2020 ($ billions)
      • Table Emulsion-latex coating by resin type 2015 and 2020
    • Global waterborne coatings market by water-based alkyd coatings
      • Table Global waterborne coatings market by water-based alkyd coatings 2015-2020 ($ billions)
  • Market segmentation by end-use industry
    • Global waterborne coatings market by end-use industry
      • Table Global waterborne coatings market by end-use industry 2015 and 2020
    • Global waterborne coatings market in architecture industry
      • Table Global waterborne coatings market in architecture industry 2015-2020 ($ billions)
    • Global waterborne coatings market in automotive industry
      • Table Global waterborne coatings market in automotive industry 2015-2020 ($ billions)
      • Table Year-over-year growth rate of car sales worldwide 2014-2016
      • Table Global two-wheeler electric fuel injection market, 2015-2020 (millions of units)
    • Global waterborne coatings market in general industry
      • Table Global waterborne coatings market in general industry 2015-2020 ($ billions)
    • Global waterborne coatings market in wood industry
      • Table Global waterborne coatings market in wood industry 2015-2020 ($ billions)
    • Global waterborne coatings market in marine industry
      • Table Global waterborne coatings market in marine industry 2015-2020 ($ billions)
    • Global waterborne coatings market in coil industry
      • Table Global waterborne coatings market in coil industry 2015-2020 ($ billions)
    • Global waterborne coatings market in other industries
      • Table Global waterborne coatings market in other industries 2015-2020 ($ billions)
  • Market segmentation by geography
    • Global waterborne coatings market by geography
      • Table Global waterborne coatings market by geography 2015 and 2020
      • Table Global waterborne coatings market by geography 2015-2020 ($ billions)
    • Waterborne coatings market in APAC
      • Table Waterborne coatings market in APAC 2015-2020 ($ billions)
      • Table Year-over-year production rate of passenger vehicles in China 2012-2015
      • Table GDP per capita for developing economies of APAC 2015-2020 ($)
    • Waterborne coatings market in EMEA
      • Table Waterborne coatings market in EMEA 2015-2020 ($ billions)
      • Table Ongoing major construction projects in MEA
    • Waterborne coatings market in Americas
      • Table Waterborne coatings market in the Americas 2015-2020 ($ billions)
      • Table Vehicle production in Brazil and US 2015-2020 (millions of units)
  • Market drivers
    • Recovery of global housing market
      • Table Global housing price index 2000-2015 (equally weighted with 2000 as base year)
      • Table Real credit growth in housing sector Q1, 2016 (annual change in %)
    • Decrease in demand for solvent-based coating
      • Table Global coatings market by product type 2015 and 2020
    • Increase in focus on R&D by vendors
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Fluctuations in raw material costs affecting product costs and operations
      • Table Crude oil price 2009-2015 ($ per barrel)
    • Increasing use of new coating process technology
    • High cost of waterborne coatings and lack of awareness in developing economies
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Growing demand for do-it-yourself (DIY) waterborne paints among consumers
      • Table Paint and coatings sales by consumer type in US
    • Growing consumption of nanocoatings
      • Table Global nanocoatings market 2015-2020 ($ billions)
    • Demand from emerging economies
      • Table Major construction markets in APAC 2015
      • Table Ongoing major construction projects in APAC
  • Vendor landscape
    • Competitive scenario
      • Table Market share of top vendors 2015
      • Table Supply chain for coatings market
    • Major market vendors
      • Table Global waterborne coatings market: Major vendors
    • Other prominent vendors
  • Key vendor analysis
    • Akzo Nobel
      • Table Akzo Nobel: Business segmentation by revenue 2015
      • Table Akzo Nobel: Geographical segmentation by revenue 2015
    • Axalta Coating Systems
      • Table Axalta Coating Systems: Business segmentation by revenue 2015
    • BASF
      • Table BASF: Business segmentation by revenue 2015
      • Table BASF: Geographical segmentation by revenue 2015
    • PPG Industries
      • Table PPG Industries: Business segmentation by revenue 2015
      • Table PPG Industries: Geographic segmentation by revenue 2015
    • RPM International
      • Table RPM International: Business segmentation by revenue 2015
      • Table RPM International: Geographical segmentation by revenue 2015
    • Sherwin-Williams
      • Table Sherwin-Williams: Business segmentation by revenue 2015
      • Table Sherwin-Williams: Geographic segmentation by revenue 2015
  • Appendix
    • List of abbreviations
  • Explore Technavio

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