Argentina Water Borne Coatings Market Overview, 2028

Argentina Water Borne Coatings Market Overview, 2028

The waterborne coatings market in Argentina has grown and changed significantly in recent years. Increasing environmental restrictions and customer demand for sustainable products has pushed the development of waterborne coatings, which are an eco-friendly substitute for conventional solvent-based coatings. The industry has shifted to waterborne formulations as a result of the strict requirements the Argentine government has put in place to reduce the use of volatile organic compounds (VOCs) in coatings. These rules are designed to reduce air pollution and safeguard human health. As a result, producers, architects, and customers looking for eco-friendly choices have begun to favor aqueous coatings. In Argentina, the automobile and construction industries are the two biggest users of waterborne coatings. Waterborne coatings are used in the construction industry for a variety of purposes, including interior and exterior paints, wood coatings, and industrial coatings. Waterborne coatings are used in the automotive sector for original equipment manufacturing (OEM) coatings and vehicle restoration. The market for aqueous coatings is anticipated to expand more as sustainability continues to become more important in Argentina. Demand for waterborne coatings will be driven by a number of factors, including the government's dedication to environmental preservation, consumer knowledge of, and desire for eco-friendly products.

According to the research report Argentina Waterborne Coating Market Overview, 2028, published by Bonafide Research, The Argentina waterborne coating market is expected to grow at above 6.40% CAGR from 2023 to 2028. The market for waterborne coatings in Argentina is dominated by a number of associations. Manufacturers, suppliers, and industry experts can exchange knowledge and advance industry standards via a platform provided by the Argentine Coatings Association. The Argentine Chamber of Chemical Industry covers the whole chemical sector, including businesses engaged in the production and distribution of coatings such as aqueous coatings. Waterborne coatings are probably included under the purview of the Argentine Paint and Coatings Manufacturers Association, which specializes in the paint and coatings sector. The market for waterborne coatings in Argentina is dominated by a number of associations. The automotive industry is a significant consumer of waterborne coatings in Argentina. As the country has a well-established automotive manufacturing sector, including both domestic production and international manufacturers, the demand for waterborne coatings for automotive applications is substantial. Argentina has a domestic production base for waterborne coatings. Several local manufacturers produce and supply waterborne coatings to cater to the growing demand in the market. This promotes local industry development and reduces reliance on imports.

In Argentina's market for aqueous coatings, acrylic resin is one of the resin kinds that is most frequently employed. Waterborne acrylic-based coatings are ideal for a variety of uses because of their high adherence, toughness, and weather resistance. Waterborne coatings are used for a variety of purposes in the automotive industry, such as vehicle refinish coatings and coatings for original equipment manufacturers (OEMs). These coatings offer high gloss surfaces, corrosion resistance, and protection for automobiles. The demand for waterborne coatings is substantially influenced by the automobile sector in Argentina, which includes both local producers and foreign suppliers. Architectural coatings and automotive coatings are two of the most common aqueous coating applications in Argentina. Buildings that are residential, commercial, or industrial use architectural coatings on both their interior and external surfaces. These coatings give security, improve aesthetics, and offer resistance against pollution, UV rays, and weathering. Due to their low VOC content and favourable effects on the environment, waterborne coatings are preferred in this market.

Argentina's aqueous coating market leaders include Sinteplast, Alba, Sherwin-Williams Argentina, and Pinturas Quimex. These businesses are well-known in the coatings sector and provide a wide selection of aqueous coatings for a variety of uses. They place a high value on client happiness, quality, and sustainability. Waterborne coating manufacturers face a problem in adhering to environmental rules and increasing standards for decreasing volatile organic compound (VOC) emissions. It can be difficult to meet tight regulatory criteria and guarantee product performance. the cost of producing waterborne coatings is higher than that of solvent-based coatings. For producers, maintaining competitive pricing while balancing cost-effectiveness can be difficult. It is crucial to raise awareness of and educate end users about the advantages and performance traits of waterborne coatings. It may need successful marketing and education campaigns to overcome change resistance and promote the use of waterborne coatings.

Argentina offers a chance for waterborne coatings due to rising environmental awareness and sustainability measures. These coatings are more environmentally friendly and have fewer VOC emissions, which are in line with consumer and industry sustainability objectives. The building and transport sectors of Argentina's infrastructure development projects offer prospects for the application of waterborne coatings. For architectural constructions and automotive applications, these coatings provide protective and aesthetically pleasing solutions. The market may expand as a result of improvements in aqueous coating technologies, such as longer durability, better performance, and faster drying times. Research & development spending can result in novel formulations and help firms adapt to changing demands. Argentina may export waterborne coatings to both domestic and foreign markets. Creating superior, cutting-edge, and eco-friendly coatings can help businesses grow and take advantage of export prospects.

Considered in this report:
• Geography: Argentina
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• Argentina Waterborne coating market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Resin Type:
• Acrylic
• Polyester
• Alkyd
• Epoxy
• Polyurethane
• PTFE
• PVDF
• PVDC

By Application:
• Architectural
• Industrial

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age groups, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the waterborne coating market, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry