Waterborne Coatings Market by Resin (Acrylic, Polyester, Alkyd, Epoxy, Polyurethane, PTFE, PVDF, PVDC), by Application (Architectural, Automotive, General Industrial, Protective, Wood, Marine, Packaging, Coil), by Region - Global Forecast to 2020

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Date: 24-Feb-2016
No. of pages: 190
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“Growth drivers for the waterborne coatings market”

The waterborne coatings market is estimated to grow from USD 58.86 billion in 2015 to USD 75.29 billion by 2020, at a CAGR of 5.05% between 2015 and 2020. The waterborne coatings industry is witnessing high growth because of growth in its applications areas, government regulatory support, and growing demand in the Asia-Pacific region. Waterborne coatings are largely used in waterborne coating applications. Rapid growth of the waterborne coatings market is driven by environmental concerns and increasingly stringent regulations.

“High growth markets for waterborne coatings”

Acrylic-based waterborne coatings account for the maximum share among all types of resins. Acrylic-based waterborne coatings are a viable choice of coatings for several end-use markets such as architectural, automotive and protective applications. They resist extreme weathers and have better oxidation than oil-based paints, alkyds-based coatings, and epoxies-based coatings. Acrylic coatings also provide a polymer structure that has fewer tendencies to absorb ultraviolet light, which helps it in retaining gloss and color for long time.

“Asia-Pacific the largest market for waterborne coatings”

Asia-Pacific has been a bright spot in the global waterborne coatings market in the backdrop of the overall slowdown in global economic development. The growing demand from architectural, automotive, and protective coatings industries is driving the waterborne coatings market in in Asia-Pacific. Concerns for environmental, health, and safety issues are driving the demand for waterborne coatings in the above-mentioned applications. Currently, waterborne coatings are replacing solvent borne coatings in many specialty applications. In view of this, waterborne coatings are being expected to account for a major market share in the overall paints and coatings market. The expansion of global trade through sea routes has increased the number of bulk carriers, container ships, and general cargo ships manufactured. This in turn is widening the scope of the water-based marine coatings market in Asia-Pacific. South Korea, Japan, and China are chief shipbuilding countries and will remain the top investment choice for coatings manufacturers.

This study has been validated through primaries conducted with various industry experts globally. These primary sources have been divided in three categories: by company type; by designation; and by region.


  • By Company Type: Tier 1 – 45%, Tier 2 – 35%, and Tier 3 – 20%

  • By Designation: C Level – 35%, Director Level – 25%, and Others – 40%

  • By Region: North America – 35%, Western Europe – 30%, Asia-Pacific – 25%, and RoW- 10%


Companies profiled in the report


  • AkzoNobel N.V. (Netherlands)

  • Axalta Coating Systems (U.S.)

  • BASF SE (Germany)

  • The Sherwin-Williams Company (U.S.)

  • The Valspar Corporation (U.S.)

  • RPM International (U.S.)

  • PPG Industries (U.S.)

  • Nippon Paint Company (Japan)

  • Kansai Paint Company (Japan)

  • Tikkurila Oyj  (Finland)

  • Bergers Paint India Limited (India)


Reasons to buy the report


  • A comprehensive coverage and analysis of the waterborne coatings market in Western Europe, North America, Asia-Pacific, and RoW

  • Competitive landscape of the major players and their developments in the waterborne coatings market

  • Identify opportunities with high-potential for waterborne coatings

  • Identify and target high-growth application segments

Waterborne Coatings Market by Resin (Acrylic, Polyester, Alkyd, Epoxy, Polyurethane, PTFE, PVDF, PVDC), by Application (Architectural, Automotive, General Industrial, Protective, Wood, Marine, Packaging, Coil), by Region - Global Forecast to 2020

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Markets Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
2.4.1 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Waterborne Coatings Market
4.2 Waterborne Coatings Market: Developed vs Developing Nations
4.3 Waterborne Coatings: Life Cycle Analysis, By Region

5 Market Overview
5.1 Introduction
5.1.1 Market Segmentation
5.1.2 Drivers
5.1.2.1 Government Regulatory Support
5.1.2.2 High Growth in Application Industries
5.1.3 Restraints
5.1.3.1 Uneven Enforcement
5.1.3.2 Cheaper Substitute
5.1.3.3 Sensitive to Humidity
5.1.4 Opportunities
5.2.4.1 Growth Prospects in Highly Regulated Regions
5.2.4.2 Developing Economies
5.1.5 Challenge
5.1.5.1 Lack of Consumer Awareness About the Use and Benefits of Waterborne Coatings in Developing Nations

6 Industry Trends
6.1 Introduction
6.2 Value-Chain Analysis
6.3 Porter’s Five Forces Analysis
6.3.1 Threat 0f New Entrants
6.3.2 Threat of Substitutes
6.3.3 Bargaining Power of Buyers
6.3.4 Bargaining Power of Suppliers
6.3.5 Degree of Competition

7 Waterborne Coatings Market, By Resin Type
7.1 Introduction
7.2 Acrylic Coatings
7.3 Polyester Coatings
7.4 ALKYD Coatings
7.5 EPOXY Coatings
7.6 Polyurethane Coatings
7.7 PTFE Coatings
7.8 PVDF Coatings
7.9 PVDC Coatings
7.10 Others

8 Waterborne Coatings Market, By Application
8.1 Introduction
8.2 Architectural
8.3 Automotive
8.4 General Industrial
8.5 Protective
8.6 Wood
8.7 Marine
8.8 Packaging
8.9 Coil
8.10 Others

9 Waterborne Coatings Market, By Region
9.1 Introduction
9.2 Asia-Pacific
9.2.1 China
9.2.2 India
9.2.3 Japan
9.2.4 Others
9.3 North America
9.3.1 U.S.
9.3.2 Mexico
9.3.3 Canada
9.4 Western Europe
9.4.1 Germany
9.4.2 Italy
9.4.3 U.K
9.4.4 Others
9.5 RoW
9.5.1 Middle East
9.5.2 Brazil
9.5.3 Russia
9.5.4 Others

10 Competitive Landscape
10.1 Introduction
10.2 Maximum Developments Between 2012 and 2015
10.3 Growth Strategies in the Waterborne Coatings Market
10.4 Competitive Situations and Trends
10.4.1 Expansions
10.4.2 New Product Developments and Launches
10.4.3 Partnerships, Agreements, and Collaborations
10.4.4 Mergers & Acquisitions

11 Company Profiles
11.1 BASF SE
11.1.1 Overview
11.1.2 Products Offered
11.1.3 Recent Developments
11.1.4 SWOT Analysis
11.1.5 MnM View
11.2 Akzonobel N.V.
11.2.1 Overview
11.2.2 Products Offered
11.2.3 Recent Developments
11.2.4 SWOT Analysis
11.2.5 MnM View
11.3 PPG Industries Inc.
11.3.1 Overview
11.3.2 Products Offered
11.3.3 Recent Developments
11.3.4 SWOT Analysis
11.3.5 MnM View
11.4 RPM International Inc.
11.4.1 Products Offered
11.4.2 SWOT Analysis
11.4.3 MnM View
11.5 The Sherwin-Williams Company
11.5.1 Overview
11.5.2 Products Offered
11.5.3 Recent Developments
11.5.4 SWOT Analysis
11.5.5 MnM View
11.6 The Valspar Corporation
11.6.1 Overview
11.6.2 Products Offered
11.6.3 Recent Developments
11.6.4 SWOT Analysis
11.6.5 MnM View
11.7 Axalta Coating Systems LLC
11.7.1 Overview
11.7.2 Products Offered
11.7.3 Recent Developments
11.7.4 SWOT Analysis
11.7.5 MnM View
11.8 Nippon Paint Co. Ltd.
11.8.1 Overview
11.8.2 Products Offered
11.8.3 Recent Developments
11.8.4 SWOT Analysis
11.8.5 MnM View
11.9 Kansai Paint Co. Ltd.
11.9.1 Overview
11.9.2 Products Offered
11.9.3 Recent Development
11.9.4 SWOT Analysis
11.10 Tikkurila OYJ
11.10.1 Overview
11.10.2 Products Offered
11.10.3 Recent Developments
11.10.4 SWOT Analysis
11.11 Berger Paints India Ltd.
11.11.1 Overview
11.11.2 Products Offered
11.11.3 Recent Development
11.11.4 SWOT Analysis

12 Appendix
12.1 Insights From Industry Experts
12.2 Developments
12.3 Discussion Guide
12.4 Introducing RT: Real Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports

List of Tables

Table 1 Waterborne Coatings: Market Segmentation
Table 2 Waterborne Coatings Market Size, By Resin Type, 2013-2020 (Kiloton)
Table 3 Waterborne Coatings Market Size, By Resin Type, 2013–2020 (USD Million)
Table 4 Acrylic Coatings: Advantages and Limitations
Table 5 Waterborne Acrylic Coatings Market Size, By Region, 2013–2020 (Kiloton)
Table 6 Waterborne Acrylic Coatings Market Size, By Region, 2013–2020 (USD Million)
Table 7 Polyester Coatings : Advantages and Applications
Table 8 Waterborne Polyester Coatings Market Size, By Region, 2013–2020 (Kiloton)
Table 9 Waterborne Polyester Coatings Market Size, By Region 2013–2020 (USD Million)
Table 10 Waterborne ALKYD Coatings Market Size, By Region, 2013–2020 (Kiloton)
Table 11 Waterborne ALKYD Coatings Market Size, By Region, 2013–2020 (USD Million)
Table 12 Waterborne EPOXY Coatings Market Size, By Region 2013–2020 (Kiloton)
Table 13 Waterborne EPOXY Coatings Market Size, By Region 2013–2020 (USD Million)
Table 14 Polyurethane Coatings: Properties
Table 15 Waterborne Polyurethane Coatings Market Size, By Region 2013–2020 (Kiloton)
Table 16 Waterborne Polyurethane Coatings Market Size, By Region 2013–2020 (USD Million)
Table 17 Waterborne PTFE Coatings Market Size, By Region, 2013–2020 (Kiloton)
Table 18 Waterborne PTFE Coatings Market Size, By Region 2013–2020 (USD Million)
Table 19 Waterborne PVDF Coatings Market Size, By Region 2013–2020 (Kiloton)
Table 20 Waterborne PVDF Coatings Market Size, By Region 2013–2020 (USD Million)
Table 21 Waterborne PVDC Coatings Market Size, By Region 2013–2020 (Kiloton)
Table 22 Waterborne PVDC Coatings Market Size, By Region 2013–2020 (USD Million)
Table 23 Other Waterborne Coatings Market Size, By Region 2013–2020 (Kiloton)
Table 24 Other Waterborne Coatings Market Size, By Region 2013–2020 (USD Million)
Table 25 Waterborne Coatings Market Size, By Application, 2013–2020 (Kiloton)
Table 26 Waterborne Coatings Market Size, By Application, 2013–2020 (USD Million)
Table 27 Waterborne Coatings Market Size in Architectural, By Region, 2013–2020 (Kiloton)
Table 28 Waterborne Coatings Market Size in Architectural, By Region, 2013–2020 (USD Million)
Table 29 Waterborne Coatings Market Size in Automotive, By Region, 2013–2020 (Kiloton)
Table 30 Waterborne Coatings Market Size in Automotive, By Region, 2013–2020 (USD Million)
Table 31 Waterborne Coatings Market Size in General Industrial, By Region, 2013–2020 (Kiloton)
Table 32 Waterborne Coatings Market Size in General Industrial, By Region, 2013–2020 (USD Million)
Table 33 Waterborne Coatings Market Size in Protective, By Region, 2013–2020 (Kiloton)
Table 34 Waterborne Coatings Market Size in Protective, By Region, 2013–2020 (USD Million)
Table 35 Waterborne Coatings Market Size in Wood, By Region, 2013–2020 (Kiloton)
Table 36 Waterborne Coatings Market Size in Wood, By Region, 2013–2020 (USD Million)
Table 37 Waterborne Coatings Market Size in Marine, By Region, 2013–2020 (Kiloton)
Table 38 Waterborne Coatings Market Size in Marine, By Region, 2013–2020 (USD Million)
Table 39 Waterborne Coatings Market Size in Packaging, By Region, 2013–2020 (Kiloton)
Table 40 Waterborne Coatings Market Size in Packaging, By Region, 2013–2020 (USD Million)
Table 41 Waterborne Coatings Market Size in Coil, By Region, 2013–2020 (Kiloton)
Table 42 Waterborne Coatings Market Size in Coil, By Region, 2013–2020 (USD Million)
Table 43 Waterborne Coatings Market Size in Others, By Region, 2013–2020 (Kiloton)
Table 44 Waterborne Coatings Market Size in Others, By Region, 2013–2020 (USD Million)
Table 45 Waterborne Coatings Market Size, By Region, 2013–2020 (Kiloton)
Table 46 Waterborne Coatings Market Size, By Region, 2013–2020 (USD Million)
Table 47 Asia-Pacific: Waterborne Coatings Market Size, By Country, 2013-2020 (Kiloton)
Table 48 Asia-Pacific: Waterborne Coatings Market Size, By Country, 2013-2020 (USD Million)
Table 49 Asia-Pacific: Waterborne Coatings Market Size, By Resin, 2013-2020 (Kiloton)
Table 50 Asia-Pacific: Waterborne Coatings Market Size, By Resin, 2013-2020 (USD Million)
Table 51 Asia-Pacific: Waterborne Coatings Market Size, By Application, 2013-2020 (Kiloton)
Table 52 Asia-Pacific: Waterborne Coatings Market Size, By Application, 2013-2020 (USD Million)
Table 53 China: Waterborne Coatings Market Size, 2013-2020
Table 54 India: Waterborne Coatings Market Size, 2013-2020
Table 55 Japan: Waterborne Coatings Market Size, 2013-2020
Table 56 Others: Waterborne Coatings Market Size, 2013-2020
Table 57 North America: Waterborne Coatings Market Size, By Country, 2013-2020 (Kiloton)
Table 58 North America: Waterborne Coatings Market Size, By Country, 2013-2020 (USD Million)
Table 59 North America: Waterborne Coatings Market Size, By Resin Type, 2013-2020 (Kiloton)
Table 60 North America: Waterborne Coatings Market Size, By Resin Type, 2013-2020 (USD Million)
Table 61 North America: Waterborne Coatings Market Size, By Application, 2013-2020 (Kiloton)
Table 62 North America: Waterborne Coatings Market Size, By Application, 2013-2020 (USD Million)
Table 63 U.S.:  Waterborne Coatings Market Size, 2013-2020
Table 64 Mexico: Waterborne Coatings Market Size, 2013-2020
Table 65 Canada: Waterborne Coatings Market Size, 2013-2020
Table 66 Western Europe: Waterborne Coatings Market Size, By Country, 2013-2020 (Kiloton)
Table 67 Western Europe: Waterborne Coatings Market Size, By Country, 2013-2020 (USD Million)
Table 68 Western Europe: Waterborne Coatings Market Size, By Resin Type, 2013-2020 (Kiloton)
Table 69 Western Europe: Waterborne Coatings Market Size, By Resin Type, 2013-2020 (USD Million)
Table 70 Western Europe: Waterborne Coatings Market Size, By Application, 2013-2020 (Kiloton)
Table 71 Western Europe: Waterborne Coatings Market Size, By Application, 2013-2020 (USD Million)
Table 72 Germany: Waterborne Coatings Market Size, 2013-2020
Table 73 Italy: Waterborne Coatings  Market Size, 2013-2020
Table 74 U.K.: Waterborne Coatings Market Size, 2013-2020
Table 75 Others: Waterborne Coatings Market Size, 2013-2020
Table 76 RoW: Waterborne Coatings Market Size, By Country, 2013-2020 (Kiloton)
Table 77 RoW: Waterborne Coatings Market Size, By Country, 2013-2020 (USD Million)
Table 78 RoW: Waterborne Coatings Market Size, By Resin Type, 2013-2020 (Kiloton)
Table 79 RoW: Waterborne Coatings Market Size, By Resin Type, 2013-2020 (USD Million)
Table 80 RoW: Waterborne Coatings Market Size, By Application, 2013-2020 (Kiloton)
Table 81 RoW: Waterborne Coatings Market Size, By Application, 2013-2020 (USD Million)
Table 82 Middle East: Waterborne Coatings Market Size, 2013-2020
Table 83 Brazil: Waterborne Coatings Market Size, 2013-2020
Table 84 Russia: Waterborne Coatings Market Size, 2013-2020
Table 85 Others: Waterborne Coatings Market Size, 2013-2020
Table 86 Expansion, 2012–2015
Table 87 New Product Developments and Launches, 2012–2015
Table 88 Partnerships, Agreements, and Collaborations, 2012–2015
Table 89 Mergers & Acquisitions, 2012–2015

List of Figures

Figure 1 Waterborne Coatings: Market Segmentation
Figure 2 Waterborne Coatings: Research Design
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 Waterborne Coatings Market Snapshot, By Application
Figure 8 Asia-Pacific Accounted for  A Major Share in the Waterborne Coatings Market in 2014
Figure 9 Waterborne Coatings Market Share, 2014 (USD Million)
Figure 10 Waterborne Coatings Market to Record High Growth Between 2015 and 2020
Figure 11 Architectural Coating Application to  Grow at the Fastest Rate
Figure 12 China Accounts for  the Majority  Share in the Asia-Pacific Market
Figure 13 Asia-Pacific to Grow at Highest Rate  in the Waterborne Coatings Market Between 2015 and 2020
Figure 14 The Market in Developing Countries to Grow Faster Than in the Developed Ones
Figure 15 Waterborne Coatings  to Witness High Growth  Between 2015 and 2020 in the Asia-Pacific and RoW Markets
Figure 16 Drivers, Restrains, Opportunities, and Challenges in the Waterborne Coatings Market
Figure 17 Overview of the Waterborne Coatings Value Chain
Figure 18 Porter’s Five Forces Analysis of the Waterborne Coatings Market
Figure 19 Types of Waterborne Coatings
Figure 20 Increasing Demand of Acrylic and Polyester Resins
Figure 21 Architectural to Witness the Highest Growth in the Waterborne Coatings Market, By Application, 2015 vs 2020 (USD Million)
Figure 22 Regional Snapshot (2015-2020): Fastest-Growing  Markets are Emerging as New Hot Spots
Figure 23 China and India are the Major Markets for Waterborne Coatings in Asia-Pacific
Figure 24 U.S. is the Biggest Market for Waterborne Coatings in North America
Figure 25 Germany is the Largest Markets of Waterborne Coatings in Western Europe
Figure 26 Companies Adopted Expansions and New Product Launches as Their Key Growth Strategies
Figure 27 Waterborne Coatings Market Had Maximum Development in 2015
Figure 28 Expansions: the Most Popular Growth Strategy
Figure 29 Akzonobel N.V. and Axalata Coating Systems LLC to Lead the Market, in Terms of Development Activities, Between 2012 and 2015
Figure 30 Regional Revenue Mix of Top 5 Market Players
Figure 31 BASF SE: Company Snapshot
Figure 32 BASF SE: SWOT Analysis
Figure 33 Akzonobel N.V.: Business Snapshot
Figure 34 Akzonobel N.V.: SWOT Analysis
Figure 35 PPG Industries Inc.: Business Snapshot
Figure 36 PPG Industries: SWOT Analysis
Figure 37 RPM International Inc. :Business Snapshot
Figure 38 RPM International: SWOT Analysis
Figure 39 The Sherwin-Williams Company: Business Snapshot
Figure 40 The Sherwin-Williams Company: SWOT Analysis
Figure 41 The Valspar Corporation: Business Snapshot
Figure 42 The Valspar Corporation: SWOT Analysis
Figure 43 Axalata Coating Systems LLC: Business Snapshot
Figure 44 Axalta Coating Systems LLC: SWOT Analysis
Figure 45 Nippon Paint Co. Ltd.: Business Snapshot
Figure 46 Nippon Paint Co. Ltd.: SWOT Analysis
Figure 47 Kansai Paint Co. Ltd.: Business Snapshot
Figure 48 Kansai Paint Co. Ltd.: SWOT Analysis
Figure 49 Tikkurila OYJ: Business Snapshot
Figure 50 Tikkurila OYJ : SWOT Analysis
Figure 51 Berger Paints India Ltd.: Business Snapshot
Figure 52 Berger Paints India Ltd.: SWOT Analysis

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