European Coatings Journal - 15.07.2024 | Chirag TripathiAtul YadavDhiraj Kumar | WATER-BASED COATINGS MARKET REPORT

FURTHER EXPANSION EXPECTED

The market for water-borne coatings is projected to grow from USD 103.0 billion in 2022 to USD 140.0 billion by 2030, at a CAGR of 3.9 %, during the forecast period (Fig. 1) .. The water-borne coatings industry continues to innovate, developing new formulations and technologies to enhance performance, durability, and application efficiency. As sustainability becomes increasingly important in consumer preferences and regulatory requirements, the market for water-borne coatings is expected to expand further. There is high demand for water-borne coatings in the emerging markets of Asia Pacific due to different levels of economic development ...
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