Market Size of Water-borne Coatings 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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Waterborne Coatings Market Analysis
The market for water-borne coatings is expected to grow at a CAGR of more than 5.5% during the forecast period. Major factors driving the market studied is increasing demand for building and construction.
- The development of bio-based products and increasing government support due to VOC emissions is likely to act as an opportunity.
- Asia-Pacific dominated the market across the globe with the largest consumption in countries such as India, China, etc.