Waterborne Coating Market Analysis

End User (Construction, Automotive, Industrial Wood)

The construction segment is set to hold around 42% share of the global waterborne coating market by the end of 2037. Waterborne coatings make up the majority of all architectural coatings and are expected to grow significantly over the next 7-10 years due to tightening regulations on VOC emissions. Rising construction spending driven by rising income levels in emerging markets in Asia-Pacific, Latin America, and the Middle East is expected to drive the growth of the segment over the next seven years. A World Bank report predicts that emerging markets accounted for 56% of global construction spending by 2022. 

Resin Type (Acrylic, Polyester, Alkyd, Epoxy, Polyurethane, PTFE, PVDF, PVDC)

The acrylic segment in the waterborne coating market is estimated to experience the highest revenue between 2023 – 2037. The growth of the segment can be propelled by the growing application of this segment in radiation curing and electrodeposition the demand for acrylic resin-based coating is estimated to grow substantially in the future. Owing to its properties such as toughness, resistance to abrasion, and also harsh weather, and chemical resistance the acrylic resin segment is high in demand and widely used.

Our in-depth analysis of the global market includes the following segments: