The Global Market for Water-based Alkyd Coatings to 2023 - Architectural End-Users Hold the Largest Share of the Market - ResearchAndMarkets.com

DUBLIN--()--The "Global Water-based Alkyd Coatings Market - Segmented by Application and Geography - Growth, Trends, and Forecast (2018-2023)" report has been added to ResearchAndMarkets.com's offering.

The global water-based alkyd coatings market is projected to grow at a significant rate during the forecast period, 2018-2023.

Shift from Solvent-based Coatings to Water-based Coatings

The large number of regulations pertaining to the use of solvent-based coatings, owing to the adverse impact it has on the environment, has led to a shift to water-based coatings among major players. Even though the water-based coatings are assumed to take more time to dry, certain methods involving the use of microwave technology has led to the significant reduction of drying time.

Major economies in North America and Asia-Pacific have already seen a shift towards water-based coatings due to its zero VOC emission. The rest of the world is expected to follow this trend by the end of the next decade.

Other Highlights

  • Architectural End-user Holds Largest Share of the Market
  • Asia-Pacific to Dominate the Market

Notable Developments in the Market

  • June 2017: Hempel established a new R&D facility solely focused on passive fire protection (PFP) coatings near Barcelona, Spain. The center is likely to be fully functional by the end of 2018.
  • February 2016: Akzo Nobel acquired BASF's Industrial Coatings business to become the number one supplier of coil coatings in the world.

Companies Profiled

  • PPG Industries
  • Akzo Nobel N.V.
  • The Sherwin-Williams Company
  • RPM International
  • Nippon Paints
  • Axalta Coating Systems Ltd LLC
  • National Paints Factories Co. Ltd.
  • Kansai Paints Co. Ltd
  • Jotun A/S
  • Tikkurila Oyj
  • Materis Paints (Cromology)
  • DAW SE
  • Hempel
  • Brillux GmbH & Co. KG

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/gkpd3k/the_global_market?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Plastic Resins, Paints and Coatings

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Plastic Resins, Paints and Coatings