Global Water-Soluble Paints Market 2024-2028
The water-soluble paints market is forecasted to grow by USD 10842.2 mn during 2023-2028, accelerating at a CAGR of 5.58% during the forecast period. The report on the water-soluble paints market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advantages offered by water-soluble paints, stringent regulations on use of solvent-based paints, and growth in real estate and construction industry.
Technavio's water-soluble paints market is segmented as below:
- By Product
- Polyacrylate-based/acrylic
- Polyester-based
- Alkyd-based
- Epoxy-based
- Epoxy Ester-based
- By Application
- Architecture
- General
- Automotive
- Wood
- Others
- By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the expansions of manufacturing facilities by vendors as one of the prime reasons driving the water-soluble paints market growth during the next few years. Also, increasing focus on bio-based and eco-friendly products and developments in end-user industries will lead to sizable demand in the market.
The report on the water-soluble paints market covers the following areas:
- Water-soluble paints market sizing
- Water-soluble paints market forecast
- Water-soluble paints market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading water-soluble paints market vendors that include Akzo Nobel NV, Asian Paints Ltd., Axalta Coating Systems Ltd., BASF SE, Berger Paints India Ltd, Berkshire Hathaway Inc., Brillux GmbH and Co. KG, Chenyang Group Ltd., DAW SE, Diamond Vogel, Dunn Edwards Corp., Eco Safety Products, Kansai Paint Co. Ltd., Meffert AG Farbwerke, Nippon Paint Holdings Co. Ltd., NIPSEA Group, PPG Industries Inc., RPM International Inc., Sika AG, and The Sherwin Williams Co.. Also, the water-soluble paints market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.