Waterborne Acrylic Coating Market 2018 Industry, Analysis, Share, Growth, Trends, Supply Forecast to 2023

13/ago/2018 06:10:39 Market Research Future Contatta l'autore

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Based on Geography , the Global Waterborne Acrylic Coatings Market is divided into five regions namely- North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Among the aforementioned regions, Asia-Pacific market more than half of the market share in terms of value and volume. 

Asia-Pacific market for Waterborne Acrylic Coatings is divided into China, Japan, and India among other Asian and Oceania countries. Comparatively, China has been accounting for more than half of the consumption of Waterborne Acrylic Coatings in the Asia-Pacific market. Some of the substantial factors attributed to the market growth in China. On the plus side, the fragmentation of Waterborne Acrylic Coatings Market in the country. 

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Overall, the Asia Pacific region witnessed substantial growth in the past due to expanding their base to the region with new production facilities, R & D facilities and distributorships etc., which turn into immense construction and infrastructural developments in the region. Collectively, these factors are some of the prominent factors propelling the demand for Waterborne Acrylic Coatings in the region. A similar trend in Asia Pacific is observed across other emerging markets such as Latin America and Middle East & Africa. For instance, increasing building and construction activities in various sectors such as residential, 

Regional production of Waterborne Acrylic Coatings ranks the North American market as the second largest market for Waterborne Acrylic Coatings. The global market is growing at the slower rate in North America, the demand for eco-friendly coatings is still growing with the growing norms and the need for sustainable coatings in the region. traction in the North America market. In addition, the industry is regaining its peace. Thus, these factors are pushing the demand for Waterborne Acrylic Coatings into the North America market. Similarly, Europe is driven by the increasing environmental legislation associated with the VOCs and regained stability of construction industry in the region. Europe accounted for 23.7% of the global market value share in 2016. 

The major players in the Global Waterborne Acrylic Coatings Market includes: The Dow Chemical Company, PPG Industries, BASF SE, DIC Corporation, DSM, Nippon Paints Limited, and Axalta Coating Systems among others. 

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