Jan 21, 2021: Market Insight:
The global Waterborne Coatings Market size is estimated to reach USD 146.11 billion by 2022 and is anticipated to grow substantially owing to infrastructure development in commercial and residential sector. Demand for waterborne coatings was the highest from the global architectural industry for various applications such as floor finishes, wood vanishes, and facade paints.
Growing demand for eco-friendly, non-hazardous and low Volatile Organic Compounds (VOC) are expected to drive demand for these products. Owing to presence of stringent regulations in the U.S. and European region for these products, VOC content is one of the major issue for the manufacturers.
Also, owing to the increasing disposable income in Latin-America, Middle East & Africa, and Asia-Pacific, demand has grown for decorative paints, renovation activities, and construction sector, projecting to drive the market over the forecast period.
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These coatings contain 80% of water with solvents and glycol ether. The market is expected to upsurge moderately owing to its remarkable Superior properties such as non-corrosive, hardness, stain resistant, adhesion, and flexibility of these products compared to its substitutes are an added advantage. Growing market for copiers, fax machines, computers, and printers are also some of the major drivers for the industrial sector.
In cold climatic condition, adhesive properties of the coatings minimize which a major drawback where its substitutes have an advantage. However, the industry players have been focusing in research and development activities to find solution for these. Another factor hampering the growth of the market is excessive foam production, which occurs mainly in manufacturing and transportation of the coatings.
The gradual shift of the automotive manufacturers to shift their production facilities in owing to the availability of cheap but skilled labor towards developing economies of Thailand, China, India, and Indonesia is anticipated to steer growth of the coatings industry.
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Resin Insights:
Acrylic resins are the largest coating type consumed in 2014, owing to its wide applications in automotive refinishes, paints, medical devices, sealants, adhesives and architectural market. End-use industries prefer these resins owing to the low cost of production with excellent durability and weatherproof properties.
Polyurethane (PU) resins find a wide range of applications in high-quality finishes in indoor and outdoor coatings. These resins are anticipated to be the fastest growing resin type over the forecast period. The demand for these resins has expanded for end-use industries such as the coil and automotive markets. They are majorly used for developing prototypes for motorsports vehicles, light-weighted vehicles, and formula one cars.
Other resins include epoxy and PVC have shown their demand owing to their properties such as weather resistance, adhesion, and chemical resistance. They have found application in automotive interiors, office machines body, electrical insulations, and industrial finishes.
Application Insight:
The major application of this market includes general industries, automotive OEM, architectural, protective coatings, automotive refinish, and industrial (which includes metal furniture, automotive components, and HVAC). Architectural is the largest application segment and is expected to dominate the industry over the forecast period. Application of coatings in this segment are lacquers and vanishes, for decoration and protection of door and window frames.
Steel and aluminum industries are showing interest in coil coatings, further driving the market globally. Recently the market has been diversified for marine, wood, packaging and general industries as well.
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28 January 2020 - The Global Waterborne Coatings Market size is estimated to reach USD 146.11 billion by 2022 and is anticipated to grow substantially owing to infrastructure development in commercial and residential sector.
Demand for waterborne coatings was the highest from the global architectural industry for various applications such as floor finishes, wood vanishes, and facade paints.Growing demand for eco-friendly, non-hazardous and low Volatile Organic Compounds (VOC) are expected to drive demand for these products.
Owing to presence of stringent regulations in the U.S. and European region for these products, VOC content is one of the major issue for the manufacturers.Also, owing to the increasing disposable income in Latin-America, Middle East & Africa, and Asia-Pacific, demand has grown for decorative paints, renovation activities, and construction sector, projecting to drive the market over the forecast period.Request a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/waterborne-coatings-marketThese coatings contain 80% of water with solvents and glycol ether.
The market is expected to upsurge moderately owing to its remarkable Superior properties such as non-corrosive, hardness, stain resistant, adhesion, and flexibility of these products compared to its substitutes are an added advantage.
Growing market for copiers, fax machines, computers, and printers are also some of the major drivers for the industrial sector.In cold climatic condition, adhesive properties of the coatings minimize which a major drawback where its substitutes have an advantage.
Another factor hampering the growth of the market is excessive foam production, which occurs mainly in manufacturing and transportation of the coatings.The gradual shift of the automotive manufacturers to shift their production facilities in owing to the availability of cheap but skilled labor towards developing economies of Thailand, China, India, and Indonesia is anticipated to steer growth of the coatings industry.Resin Insights:Acrylic resins are the largest coating type consumed in 2014, owing to its wide applications in automotive refinishes, paints, medical devices, sealants, adhesives and architectural market.
Million Insights Market Research Released A New Research Report On Global Waterborne Coatings Market - Forecast Up To 2025.
Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.
Pune, India - Waterborne Coatings Market size is estimated to reach USD 146.11 billion by 2022 and is anticipated to grow substantially owing to infrastructure development in commercial and residential sector.
Owing to presence of stringent regulations in the U.S. and European region for these products, VOC content is one of the major issue for the manufacturers.To Get Sample Report visit @ https://www.millioninsights.com/industry-reports/waterborne-coatings-market/request-sampleThe major application of this market includes general industries, automotive OEM, architectural, protective coatings, automotive refinish, and industrial (which includes metal furniture, automotive components, and HVAC).
Architectural is the largest application segment and is expected to dominate the industry over the forecast period.
Application of coatings in this segment are lacquers and vanishes, for decoration and protection of door and window frames.Steel and aluminum industries are showing interest in coil coatings, further driving the market globally.
Particularly, communications, entertainment, office productivity and others fall under the category of consumer electronics.
Electronic component is any discrete device or physical entity in an electronic system to affect associated fields or electrons.
Electronic components mostly are industrial products available in a single form and not to be mixed with electrical elements.Download Free Sample Report @ https://www.millioninsights.com/industry-reports/electronics-retailing-market/request-sampleSoftware provides the necessary operations for a digital device to function.
In some, consumer electronics software is used on a personal computer couple with electronic devices such as camcorders and digital cameras and a third-party software also exists for such devices.Consumer electronics show is held timely in different countries with thousands of products on display.
The products adhere to standards of IEEE which is the world’s largest professional scientific and technical society with initiatives for state-of-the-art consumer electronics.
With growing demand for SMART devices and growing consumer base, the global electronics retailing market witnesses a trajectory growth in the upcoming years.
The global Environmental Health and Safety Market is estimated to touch US$ 96.18 billion by the completion of the prediction period.
The growing amount of rules enforced by conservational defense and administrative assistances all over the world, estimated to be some of the most important reasons motivating demand for the duration of the prediction.The Environmental Health and Safety on the source of Type of End Use could span Manufacturing, Telecom & IT, Energy & Mining, Construction, Healthcare, Chemical & Petrochemical, and Others.
It was responsible for above 24% stake of the general income.
This supremacy is likely to carry on, as Environmental Health and Safety resolutions are progressively developed to provide the necessities of the companies linked with the construction, mining, telecommunication and chemical businesses all over the world.The Environmental Health and Safety market on the source of Type of Product could span Environmental Health and Safety services, Environmental Health, and Safety software.
This supremacy likely to carry on above the prediction period.The subdivision of software is projected to develop by the maximum rate above the approaching years.
Companies in the nations, for example the U.S.A, the U.K., Singapore, Japan and China, among others, could drive the growing implementation of state-of-the-art EHS software.The Environmental Health and Safety market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S.A], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], Central& South America [Brazil], Middle East & Africa.Free Exclusive Sample of This Report @ https://www.millioninsights.com/industry-reports/environmental-health-safety-market/request-sampleBy the source of geography, Europe ruled the international market for Environmental Health and Safety (EHS) market.
According to ChemAnalyst report, “Ethylene Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, Ethylene market has shown significant growth as it reached 84 million tonnes in 2020 and is anticipated to achieve a healthy global CAGR of 4.7% in the forecast period until 2030.
The industrial production of the chemical is associated with safety standards on human health as well as environment before it can be further manufactured and introduced in the market.Read Full Report Here: https://www.chemanalyst.com/industry-report/ethylene-market-638Ethylene with the chemical formula C2H4 is an organic compound consisting of double bonded hydrocarbons.
It is an extremely reactive and colorless flammable gas that has a pleasing sweet smell.
Rising construction and infrastructure activities is accelerating the demand of Polyethylene, which is likely to strengthen the global market in the next few years.
There are several technologies used for the production of Ethylene include Oxidative coupling of Methane, steam cracking, Oxidative coupling of Methane, Fischer-Tropsch synthesis, catalytic dehydrogenation and Methanol-to-Olefins.
Based on end-use industry, the global market is segregated into automotive, packaging, agrochemicals, food and beverage, textile, personal care, pharmaceuticals, detergents, and others.
