Water-based paint refers to a surface coating or topcoat that uses water as a solvent to disperse the supplied resin to form a coating. They are made of water, pigments, resins, additives, and sometimes small amounts of co-solvents. When a water-based coating is applied to a surface, the water evaporates and the pigment and resin film adheres to the substrate. Water-based paints are frequently used for both indoor and outdoor uses, such as painting residential and commercial buildings, car repainting, furniture refinishing, and industrial use.
Waterborne coatings are increasingly being adopted by various industries due to their improved performance, low volatile organic compound (VOC) content, and ecological sustainability, resulting in market growth. Water-based coatings are used in packaging because they are superior to traditional solvent-based coatings in many important areas. Water-based coatings can be applied to a wide range of packaging materials, including paper, cardboard, cardboard, and flexible films. Gravure coating, aniline printing, and roller coating are just some of the techniques that can be used for coating. Many manufacturers offer water-based coating products for the packaging sector, for example, HB Fuller offers water-based functional barrier coatings, which are novel solutions to improve the appreciability of various paper packaging. Water-based paints contain fewer volatile organic compounds (VOCs) than solvent-based paints, are completely chemical-free, and are less harmful to the environment. This reduces air pollution and negative impacts on the ozone layer.
Due to their excellent printability, water-based coatings enhance the visual appeal of packaging materials by adding vibrant colors and precise design. It also adheres well to a variety of surfaces, resulting in excellent printing results. These coatings can be designed to have a variety of special properties, such as abrasion resistance, scratch resistance, and water resistance. By protecting the contents during storage and transportation, the longevity and durability of the packaging is ensured.
The rapid growth of infrastructure construction is driving the growth of the waterborne coatings market. In 2020, more than 2,500 infrastructure projects were announced worldwide, an increase of 5% compared to the same period of the previous year5%。Due to a variety of benefits, water-based coatings are popular in many interior and architectural uses in residential and commercial projects. In residential use, it is often used to paint walls, ceilings, and wood. Low VOC levels improve indoor air quality, reduce health risks for occupants, and promote a more beneficial living environment. It also comes in a variety of colors and finishes to enhance the aesthetics of your living space. Some manufacturers offer water-based coating solutions for use in the construction sector. Water-based coatings are also used in the interior and exterior of commercial buildings. Water-based paints are used in the interior of furniture, walls, cubicles, etc., to give them a pleasant shine. By providing pleasant scents to employees and customers, commercial facilities can become more popular. Water-based paints also comply with eco-building standards such as LEED (Leadership in Energy and Environmental Design), thereby contributing to sustainable eco-building projects.
*Spending on the construction and maintenance of buildings, roads, bridges, and other infrastructure is driving a significant increase in the demand for coatings that improve protection, durability, and aesthetics. Infrastructure development also includes the construction and maintenance of pipelines, reservoirs, and water and wastewater treatment facilities. These buildings require water-based coatings to prevent corrosion, prevent leaks, and maintain the purity of the water. Coatings protect water infrastructure from microbial growth, contaminants, and moisture by acting as a barrier. These factors are contributing to the rapid growth of infrastructure and increasing the demand for the waterborne coatings market.
The production of water-based paints is generally more expensive than the production of solvent-based paints, which hinders the growth of the market. Water-based paints often require expensive raw materials. Water-based coatings require specific water-compatible resins and additives and are more expensive than conventional solvent-based coatings. In addition, manufacturing water-based paints requires more labor and resources. These formulations must be carefully emulsified and blended, requiring more time and specialized tools. Production equipment must follow strict quality control standards to maintain the uniformity and stability of the finished product. The element of additional safety precautions can also increase production costs, and with water-based paints having low to no VOC levels, production facilities must invest in advanced ventilation systems and waste treatment technologies to maintain environmental compliance and a safe working environment for employees. All these factors hinder the market expansion of waterborne coatings.
Recent technological developments have improved the performance, durability and adaptability of waterborne coatings. The development of advanced waterborne resin systems is a noteworthy development. Manufacturers are developing new resins with improved properties, such as better adhesion, increased durability, and improved chemical resistance. These developments are increasing the number of industries that can use water-based coatings, giving them a chance to compete with solvent-based coatings. In addition, improvements in emulsification and dispersion technologies have made it possible to produce more homogeneous and stable waterborne coatings. The result is consistent quality, reliable application and application, and the integration of digital and smart coatings into water-based coatings. Some coatings are self-healing and adaptable, reacting to temperature, humidity, and light to adapt to changing environmental conditions. Technological advancements driven by these factors are driving the growth of the waterborne coatings market.
APO Research's report on the global and Chinese waterborne coatings market examines past and current growth trends and opportunities to gain valuable insights into market metrics for the period 2023-2029**. The report provides the capacity, production, volume, sales,** and future trends of waterborne coatings for the global and Chinese markets from 2018 to 2029. Considering 2023 as the base year and 2029 as the ** year, the report also provides a compound annual growth rate (CAGR XX%) of the global and China waterborne coatings market from 2023 to 2029.
The report was prepared after extensive research. The Level 1 study involves most of the research work, and the report delves into the competitive landscape of the global and China waterborne coatings market, in which analysts conducted interviews with key opinion leaders, industry leaders, and opinion makers to identify the key players operating in the global and Chinese waterborne coatings market, each of which analyzed various attributes, company profiles, financials, recent developments, and SWOT are the attributes of the players in the global waterborne coatings market in this report. The secondary studies include reference to the product literature, annual reports, press releases, and related documents of key players to understand the waterborne coatings market.
By classification. Acrylic.
Epoxy resin. Polyurethane.
Polyester. Alkyd.
Other. By Apply.
Building Construction.
Car. Industry.
Other. Key Players.
basf se
ppg industries, inc.
akzonobel nv
jotunteknos group
hempel a/s
benjamin moore & co.
sika ag
arkema
asian paints
There are 11 chapters in the main body of this article, and the main contents of each chapter are as follows:
Chapter 1: Report Scope, Research Objectives, Research Methods, Data**, Data Interaction Validation;
Chapter 2: Report Definition, Statistical Scope, Industry Background, Development History, Current Situation and Trends, Global Overall Supply and Demand Status, Product Segmentation and Key Downstream Markets;
Chapter 3: Global Overall Size (Capacity, Production, Volume, Demand, Sales Revenue, etc., 2018-2029).
Chapter 4: Global Competitive Analysis of Key Manufacturers, mainly including Capacity, Production, Sales, Revenue, Market Share, Origin and Industry Concentration Analysis;
Chapter 5: Global Key Manufacturers Profile, including Company Profiles, Product Models, Sales Volume, Revenue, and Latest Developments
Chapter 6: Market Analysis by Region, including Volume, Sales Revenue, and Others;
Chapter 7: Global Sales, Revenue, and Share by Product Type;
Chapter 8: Global Sales, Revenue, and Share by App by Category;
Chapter 9: Industrial Chain, Upstream and Downstream Analysis, Sales Channel Analysis, etc.;
Chapter 10: Market Dynamics, Growth Drivers, Development Opportunities, Favorable Factors, Unfavorable and Hindering Factors, Industry Porter's Five Forces Model Analysis, etc
Chapter 11: Conclusions of the Report.