DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Growth Opportunities in the Global Waterborne Coatings Industry" report to their offering.
The waterborne coating industry is expected to reach an estimated $86.6 billion by 2021 and it is forecast to grow at a CAGR of 6.0% from 2016 to 2021.
The global waterborne coating industry looks promising with opportunities in architectural, general industrial, automotive, packaging, protective, wood, marine, coil, and others. The major growth drivers for this market are growth in the construction industry, and increasing renovation activities, and stringent environmental regulations leading to the use of solvent-free formulations.
Emerging trends, which have a direct impact on the dynamics of the market, include the development of nanoparticles waterborne coating for improving the performance and development of polythiophene waterborne coating for steel.
Within the global polyurethane tooling board market, the automotive segment is expected to remain the largest market. Excellent surface finish, high dimensional stability, low coefficient of thermal expansion, and high glass transition temperatures are the properties that will drive the growth of polyurethane tooling boards. Complex shapes can easily be formed by using polyurethane tooling boards.
Europe is expected to remain the largest region because major customers of polyurethane tooling are located in this region. Furthermore, the demand for polyurethane tooling boards is growing for developing prototypes for formula one cars, motorsports vehicles, and lightweight vehicles.
Camtek (Sika), RAMPF Tooling Solutions GmBH & Co. KG, General Plastics, OBO Werke, and CMT Materials are among the major suppliers for the polyurethane tooling board.
Scope of the Report
By End Use Industry (Value ($M) and Volume (Million Board Feet) from 2010 to 2021):
- Wind Energy
By Region (Value ($M) and Volume (Million Board Feet) from 2010 to 2021):
- North America
- Asia Pacific
- Rest of the World
- Akzo Nobel N.V.
- Axalta Coating Systems
- PPG Industries
- Sherwin Williams
- Valspar Corporation
For more information about this report visit http://www.researchandmarkets.com/research/25zwmf/growth