US Water Soluble Paints Market, 2024-2030

Water soluble paints contain water as a dispersal agent for the resins.These resins are usually synthesized from polycondensation or polymerization in an organic medium. Here, the water amount is almost 80% of the total paint volume which makes it eco-friendly. The water soluble paints market is categorized into polyacrylate-based, polyester-based, alkyd-based, epoxy-based and epoxy ester-based. Since water holds the major portion of the volume, these paints are glossier and have better color retention.

The United States water soluble paints market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the US water soluble paints market is growing at a fast pace and increasing its geographical footprint rapidly. The US water soluble paints market is valued at US $ xxx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2023 in value.

In US people have already rising awareness towards eco-friendly substances.Due to thegood corrosion protection and high gloss properties it is extensively used in construction and automotive sectors. Also, the high demand for development of new infrastructures for the increasing number of population is also expected to boost the market since the water soluble paints are preferred for over that of the conventional paints. Furthermore, water soluble paints are used for painting wood furniture as they allow the wood to shrink and expand without cracking.

The high cost of raw materials appears to be an additional investment in the production of paints and coatings which is hindering the growth of water soluble paints market. Since few years, cost of the raw materials such as epoxy and titanium dioxide has been increased significantly across the globe which has resulted in a rise in the price of the paints and coatings.

Water soluble paints has remarkable usage across all major regions in the US including west, southwest, northeast, southeast, and mid. These regions serve large number of manufacturers and are hence responsible for the growth of water soluble paintsmarket. The major key players of the USwater soluble paintmarket are Sherwin-Williams Company, Valspar Corporation, Axalta Coating Systems Ltd, Benjamin Moore & Co., PPG Industries Incetc

Research Methodology

At Market Krystal, we believe in a systematic approach towards the problem at hand. The process begins with the identification of a challenge/opportunity, followed by an exhaustive brainstorming by in-house and consulting experts. Based on the outcomes, an in-depth research (primary & secondary) is carried out to collect industry insights. The data is then analysed by a gamut of techniques (Statistics, Machine Learning, Econometrics, and Analytics) to derive inter-disciplinary deductions that are executable and result in value creation.

Hence, the water soluble paint market has been divided based on types and applications. All types of water soluble paint were mapped for different end use sectors in the US. Findings were later integrated for a consolidated report.

Market Krystal ensured a holistic approach by involving experts from diverse functionalities and locations. This allowed a 360 view of the industry dynamic. Market Krystal held more than 30 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the US water soluble paints industry dynamics
• Estimation of the present US water soluble paints market size in terms of value and volume
• The US water soluble paints market breakup based on type and application
• Substantiated the US water soluble paints market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of the US water soluble paints industry value chain

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