Market Size of Water-based Alkyd Coatings Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Water-based Alkyd Coatings Market Analysis
The market for water-based alkyd coatings is expected to grow at a CAGR of more than 4% during the forecast period. The major factor driving the growth of the market studied is the shift from solvent-based to water-based technology. On the flipside, significantly high drying time is expected to hinder the growth of the market studied.
- The architectural segment dominated the market with a significant share and is expected to witness a healthy growth rate during the forecast period.
- Asia-Pacific dominated the market and is expected to continue its dominance during the forecast period.
