With 6 % CAGR, “Rising Demand for Sustainable Solutions Drives Growth in Water-Based Barrier Coatings Market” 2030

PRESS RELEASE
Published March 24, 2023

Water-Based Barrier Coatings Market: Introduction

Reports and Insights deliver key insights on the global water-based barrier coatings market. In terms of revenue, the global water-based barrier coatings market is estimated to expand at a CAGR of 5.9% during the forecast period, owing to numerous factors, regarding which Reports and Insights offer thorough insights and forecasts in its report on the global water-based barrier coatings market.

The systems used for barrier coatings are very specialized. The filler substance, the substrate being employed, and the application weight are the main determinants of the barrier effect. Information regarding the printing procedure, substrate, finishing, and final packing is required to be able to offer the best recommendation.

Market Report Outlook:

This report on the global water-based barrier coatings market aims to discuss market dynamics, including market drivers, potential threats and challenges to the market, global water-based barrier coatings market opportunities for the major players, global water-based barrier coatings market trends, market segmentation outlook, regional outlook, global water-based barrier coatings market size, market forecast, market share, as well as the major players operating in the global water-based barrier coatings market.

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Water-Based Barrier Coatings Market: Dynamics

Results using innovative paper and paperboard water-based barrier coatings are presented. These coatings include polyester-based coatings, hydrophobic monomer dispersions, and biodegradable polymer coatings. Coatings were evaluated in this manner; some had talc fillers, while others had additives added to a commercial polymer dispersion. The barrier values were relatively good. The qualities of biodegradable polymers for water-based coatings still need to be improved, though.

The performance of the coating can be managed by selecting the right fillers. Due to pinholes and cracks, the folding of filled coatings causes the barrier to be destroyed. However, filler type and filler addition quantity are frequently the deciding variables in terms of barrier qualities. Some additives can enhance the barrier performance of the coatings.

According to a life cycle analysis, the Barrier Plus coating has a superior environmental profile than a solvent-borne industry benchmark and has encouraging results when compared to commercial waterborne standards.

The primary factors driving the growth of the global market for water-based coatings are the rise in the construction sector and the widespread use of these coatings in commercial and industrial structures.

Water-Based Barrier Coatings Market: Regional Outlook

The global water-based barrier coatings Market is divided into North America, Latin America, Europe, Asia Pacific, Middle East & Africa, and the Rest of the World based on geographical analysis. The greatest market share was held by Asia Pacific, which is anticipated to expand at the highest CAGR during the projection period. The rapid adoption of environmentally friendly coatings, rise in construction, and rise in the demand from the automotive industry throughout the Asia Pacific region are all contributing to the likelihood that the Asia Pacific region will experience higher growth in the global water-based barrier coatings market throughout the forecast period. The development in the use of environmentally friendly coatings like water-based barrier coatings across several industrial verticals is being aided by China’s growing concern with protecting the environment from dangerous chemical emissions. To limit the use of volatile organic compounds in numerous industries across China, including the automotive and construction sectors, the Central Government and State Governments of China have implemented several policies and laws.

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Water-Based Barrier Coatings Market: Key Players

The major players in the global water-based barrier coatings market include; ACTEGA, ALTANA Group, BASF SE, CH-Polymers Oy, Cortec, H.B. Fuller Company, Huber Group, Imerys, Kuraray Co. Limited, Michelman Inc., Paramelt, Schill+Seilacher GmbH, Solenis, Sonoco Products Company, and Stora Enso amongst others.

Water-Based Barrier Coatings Market: Segmentation Outlook

Data for growth projections and estimates are included in this study for the Component segment (Additives, Binders, Fillers, and Water); for the Coating Material segment (Biodegradable Polymers, Dispersions (Containing Hydrophobic Monomers), and Polyester-Based Coatings); for the Aspects of Coating segment {Visual appearance (glossy, neutral, satin, matt), Heat sealability, Release properties, High wet block resistance, High scuff resistance, Heat resistance, Recyclability, Food law compliance according to region}; for the Barrier Type segment (Fat, Gas and Aroma, Grease, Moisture/Water Vapour, Oil, Water, and Others); for the Process segment {Sheet-fed offset, Flexo printing, Gravure printing, Range of coaters (roller, spray, curtain, slot die, rod, blade, air knife, knife over roll coater)}; for the End Use segment (Bakery products, Detergents, Drinking cups, Ice cream cups & cones, Packaging, Paper plates, Pet food, Prepared meals/salads/sandwiches, Printing, Trays, Wrappers, and Others). The water-based barrier coatings market forecast period is 2022 to 2030.

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