DUBLIN, Nov 16, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Waterborne Coatings Market 2016-2020" report to their offering.
The global waterborne coatings market to grow at a CAGR of 4.80% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global waterborne coatings market for 2016-2020. To calculate the market size, the analyst considers the revenue generated through sales of waterborne coating products for applications in the architecture, general, automotive, wood, coil, marine, and other industries. The report also includes a discussion of the key vendors operating in this market.
The incorporation of materials such as nanoparticles in waterborne coatings is a relatively new concept in the market. The use of nanocoatings in different end-use industries, such as automotive, construction, and energy, helps minimize material use, reduce wastage, and optimize energy consumption while improving the product performance. Nanocoatings consist of a water-soluble base, which helps in imparting stability to products such as automotive parts and wood furniture.
According to the report, Despite the performance limitations of waterborne coatings, they are gaining demand in the market owing to these stringent regulations. New product developments and innovations are enabling the emergence of eco-friendly coatings, which are temperature and heat resistant and suitable for end-use industries, such as architecture, marine, wood, and automotive. Thus, the low demand for solvent-free coatings is propelling market growth for waterborne coatings through new coating chemistries and product innovations.
Further, the report states that the global waterborne coatings market is experiencing the introduction of new coating processes that enhance coating efficiency, and thus, reduce the consumption volume of coatings. Growing adoption of specially-designed spray guns with features, such as high-volume-low-pressure and low-pressure-low-volume for waterborne coating applications has led to a decrease in the volume of coatings consumed.
- Akzo Nobel
- Axalta Coating Systems
- PPG Industries
- RPM International
Other prominent vendors
- Kansai Paint
- Nippon Paint
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product
Part 07: Market segmentation by end-use industry
Part 08: Market segmentation by geography
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
Part 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/pkjspv/global_waterborne
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SOURCE Research and Markets