Global Water-Based High-Performance Coatings Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2029. The market growth is supported by various growth factors and major market determinants. The market research report includes the analysis of the market based on geographical segmentation and market segmentation. The Global Water-Based High-Performance Coatings Market report is a valuable source of insightful statistics for business strategists. This Report offers an industry overview with historic and future cost and growth analysis, revenue, demand, and supply data. Our analyst offers a comprehensive overview of the value chain and analysis of your distributor. This market study provides comprehensive data that enhances the understanding, scope, and application of this report.
Data Bridge Market Research analyses that the water-based high-performance coatings market is expected to undergo a CAGR of 10.20% during the forecast period. This indicates that the market value, which was USD 16530.00 million in 2021, would rocket up to USD 35,952.21 million by 2029.
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Top Key Players in the Global Water-Based High-Performance Coatings Market: BASF SE (Germany), AkzoNobel N.V. (Netherlands), PPG Industries (U.S.), Valspar (U.S.), The Sherwin-Williams Company (U.S.), Axalta Coating Systems LLC (U.S.), Berger Paints India Limited (India), Nippon(India) Paint Company Limited (India), KANSAI PAINT CO., LTD (Japan), RPM International (U.S.), Tikkurila OYJ (Finland), Endura Manufacturing Company Ltd (Canada), Kansai Paint Co., Ltd.(Japan), TAO-CHUGOKU CO., LTD. (Thailand), Thermal Chem Corporation (U.S.), Asian Paints (India), MBCC Group (Germany) and Other.
Global Water-Based High-Performance Coatings Market Segmentation:
Resin
End User
Regional Insights:
Asia-Pacific dominates the water-based high-performance coatings market due to the rapid adoption of environment-friendly coatings, rising demand from the automotive industry and rising constructions industry in this region.
North America will continue to project the highest compound annual growth rate during the forecast period due to the presence of established end-user industries with a resurgence in the construction industry in this region.
-North America (U.S., Canada)
-Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
-Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
-South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
-Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
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Drivers
Water based high performance coatings are particularly used for protective coating, quick-drying, etc. for metal, floors and other surfaces. Water based high performance coatings can be used as floor paints in an application such as commercial or industrial flooring. It is also used over the concrete floors in the industrial and commercial industry such as in commercial and retail stores, airplane hangars, manufacturing plants, garages, airplane hangars industrial plants, airplane hangars, hospitals, showrooms and among others which are expected to drive the growth rate of the market
Rapid urbanization and high investment in the construction sector in developing economies such as India, is the main contributing aspect to the water-based high-performance coatings market which is expected to drive the water-based high-performance coatings market growth rate.
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