Aqueous Coating System Market, Share, Restraints, Trends, Company Profiles, Analysis & Forecast Till 2026
The global Aqueous Coating System Market is expected to reach USD 89.72 Billion by 2026, according to a new report by Reports and Data. Aqueous coating is majorly fueled by the growing demand for construction and emergence of new buildings in both developed and developing countries. Electronics, automotive and paper printing industry also play a part in the boosting of the market. Construction and building industry hold a larger market share followed closely by the automotive industry.
Asia and Pacific have the
largest market share owing to the government regulations and its step forward
towards infrastructure and transportation. Indian and Chinese government has
taken to build and develop roads and improve transportation. North America is
set to follow with the presence of leading companies. Europe too has a large
market for aqueous coating as the government in that region has become very
strict regarding environmental issues. An alternative is increasingly being
demanded of the existing coatings.
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Key participants include Kompac,
Prisco, AkzoNobel, PPG, Sherwin Williams, Henkel, Sika, RPM International,
Valspar, BASF Coatings, Kansai Paints, Asian Paints, and Dulux Group among
others.
Further key findings from the report suggest
·
Aqueous coating is a clear fast-drying coating generally used on
printed products.
·
Aqueous coating is preferred not only due to environmental
concerns, but it also provides substantial scruff-resistance.
·
Paper and printing industry occupies a large share of 34%
altogether. Aqueous coating is common among them as it not only gives a gloss
over the paper but also brings down cot economically.
·
Textile finishing sector is estimated to grow at the highest
annual growth rate of 10.3%. The growing demand for coating in textiles to
finish the product and improve the quality has grown over the years.
·
The automobile sector has also shown an interest in the aqueous
coatings. Vehicles are painted and then coated for protection and long-lasting
This sector is forecasted to generate a revenue of USD 9.87 Billion in the year
2026.
·
The emergence of new building and construction of infrastructure
has risen in these years, and for long lasting effect, new architect prefers
aqueous coating for beautification and protection from dust.
·
Electronics is a booming market, and aqueous coat is a popular
demand in these devices. It holds a market share of 16% in the year 2018 and
has an annual growth rate of 4% during the forecast period.
·
Maintenance of old historic building is also underway across the
globe, and aqueous coat is utilized for them. 14% of the market share belongs
to infrastructure in 2018, and the market share is forecasted to grow and
occupy a share of 16% in 2026.
·
Advancement in technologically has resulted in innovations like
paint and primer combo, one-coat-hide, and high energy efficient coatings.
Paint manufacturers are the one's manufacturing and promoting the aqueous coats
and are forecasted to hold a market share of 32% in 2026.
·
Players in the market are making increased investment in R&D
along with various strategic alliances to be in the competition and this, in
turn, will propel the market growth.
To identify the key trends in the industry, click on the link
below:
https://www.reportsanddata.com/report-detail/aqueous-coating-system-market
For the purpose of this report,
Reports and Data have segmented global Aqueous Coating systems market on the
basis of Coating System, Chemical Structures, Application, Viscosity, and
Region:
Coating Systems Outlook (Revenue, USD Million; 2018-2026)
Binder
System, Hybrid Systems, Water-Soluble Systems, Baking Systems, Two-Component PU
systems, Two-Component epoxy systems
Chemical Structures Outlook (Revenue, USD Million;
2018-2026)
Mineral
Oil Defoamers, Silicone Defoamers, Silicone-free Polymer Defoamers
Application Outlook (Revenue, USD Million; 2018-2026)
Glass
fiber sizing, Plastic coating, Building and Construction, Textile finishing, Vehicle
painting, Paper and Printing Industry, Electronics
Viscosity Outlook (Revenue, USD Million; 2018-2026)
Glass
Bottles Organic Rheology Additive, Urea based Additive, Polyamide based
Additive, Liquid Associative thickeners, Natural Phyllosilicates
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·
Regional Outlook (Revenue, USD Million; 2018-2026)
o North America
1.
U.S.
o Europe
1.
Germany
2.
UK
o Asia Pacific
1.
China
2.
India
3.
South-east Asia
o Latin America
1.
Brazil
o MEA
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