Polyurethane Materials to Exhibit High Volume Growth in Global Waterborne Coating Market during 2017-2026, observes TMR

Albany New York, Jan. 11, 2018 -- Increasing stringency of environmental protection agencies in curbing the production of solvent-based coatings owing to the high emission of VOCs has driven manufacturers of industrial paints towards adopting waterborne coatings. While waterborne coatings aren’t solvent-free, the presence of co-solvents which contain low concentrations of VOCs isn’t constraining manufacturers from procuring environmental compliance. Companies such as PPG, Sherwin Williams, AkzoNobel, RPM, BASF, Valspar, and Axalta are recognized as global leaders in production of waterborne coatings. According to a forecast study developed by Transparency Market Research, these companies are expected to remain active in instrumenting the expansion of the global waterborne coating market for the near future.

The study offers an exclusive forecast and in-depth analysis on how the global demand for waterborne coating will shape up during the assessment period, 2017-2026. Key findings from the report reveal that by the end of 2026, more than 4.5 million tons of waterborne coating are likely to be sold globally. Over the forecast period, the global waterborne coating market is assessed to expand at a moderate CAGR of 3.9%.

Get PDF Brochure for more Professional & Technical industry insights: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14519

The study has analyzed a slew of factors influencing the dynamics of the global waterborne coating market, some of which include: Complexities in procurement of raw polymer materials and liquefying agents for production of waterborne coating, Rising challenges for manufacturers in increasing the production capacities while exhibiting absolute environmental compliance, An upsurge in painting applications across residential, commercial, and industrial settings, Recent scientific studies propelling the advancements in creating high-performance waterborne coatings through the use of new thermosetting polymer.

Waterborne Coatings made of PU Materials to Register Highest Sales during 2017-2026

Key advantages of polyurethane materials with respect to providing resistance against changing temperatures, being waterproof, and exhibiting high-level protection from physical abrasion will continue to drive their use in the global waterborne coating production landscape. In 2017, more than 1.2 million tons of waterborne coatings sold in the global market were made from polyurethane. The report further reveals that the global sales of epoxy-based waterborne coatings will continue to gain considerable traction over the forecast period.

Request for Custom Research: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=14519

Increasing Demand for Waterborne Coating Primers in General Industrial Applications

The study finds primers as a top-selling product segment in the global waterborne coating market. By the end of 2026, more than 2.1 million tons of waterborne coating primers are expected to be sold globally. The report also estimates that the largest share of waterborne coatings sold globally during the forecast period will be used for general industrial applications. From coating the floorings of manufacturing plant to providing surface protection for industrial equipment, components and machineries, the general industrial applications of waterborne coatings are expected to register a global volume CAGR of 4.3% during the forecast period.

APEJ to Represent Largest Market for Waterborne Coatings through 2026

Favorable industrial regulations and easy procurement of raw polymerizing and liquefying agents will render the Asia-Pacific excluding Japan (APEJ) as lucrative for large-scale manufacturing of waterborne coatings. A majority of companies operating in the global waterborne coating market will be eyeing for extending their presence in countries such as China, India, and South Korea. By the end of forecast period, the APEJ waterborne coating market is poised to dominate the global market volumes by accounting for a share of over 45%.

Purchase this premium research report at https://www.transparencymarketresearch.com/checkout.php?rep_id=14519&ltype=S

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

Apoorv Tripathi
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Website: http://www.transparencymarketresearch.com