Market Size of Water-borne Latex Paints Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 5.50 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Water Borne Latex Paints Market Analysis
The market for water-borne latex paints is expected to grow at a CAGR of more than 5.5% during the forecast period. Major factors driving the market studied is stringent environmental, and regulations to control VOC emissions.
- On the flip side, longer curing time is likely to hinder the market.
- Asia-Pacific dominated the market across the globe with the largest consumption in a country such as India, China, etc.