Waterborne Coatings Market Overview, Growth, Trends, Analysis (2021-2031)

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Waterborne Coatings Market covers analysis by Resin Type (Acrylic, Polyester, Alkyd, Epoxy, Polyurethane, Polytetrafluoroethylene (PTFE), Polyvinylidene Fluoride (PVDF), Polyvinylidene Chloride (PVDC), Others); Application (Architectural, Industrial, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Aug 2025
  • Report Code : TIPRE00008135
  • Category : Chemicals and Materials
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150

The Waterborne Coatings Market is expected to register a CAGR of 6% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented by Resin Type (Acrylic, Polyester, Alkyd, Epoxy, Polyurethane, Polytetrafluoroethylene (PTFE), Polyvinylidene Fluoride (PVDF), Polyvinylidene Chloride (PVDC), and Others). The report further presents analysis based on Application (Architectural, Industrial, and Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Waterborne Coatings Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Waterborne Coatings Market Segmentation

Resin Type

  • Acrylic
  • Polyester
  • Alkyd
  • Epoxy
  • Polyurethane
  • Polytetrafluoroethylene
  • Polyvinylidene Fluoride
  • Polyvinylidene Chloride

Application

  • Architectural
  • Industrial

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Waterborne Coatings Market: Strategic Insights

waterborne-coatings-market
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    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Waterborne Coatings Market Growth Drivers

  • Increasing Global Environmental Regulations Towards Low-VOC Coating Solutions: These are environmental regulations that invariably drive the brakes of manufacturers toward the usage of low-VOC (volatile organic compound) coating solutions, and they will boost water-borne coatings market. Growing concerns for the environment have found government impositions of stringent regulations on VOC emissions that have been hazardous to humans as well as the environment.
  • Environmental Benefits of Water-Borne Coatings: Typically, water-borne coatings contain fewer VOCs than would be found in solvent-based products. These coats result in cleaner air that is free from harm while complying with regulations without compromising effective protections and finishes for different surfaces. Movement toward these low-VOC coatings comes as a result of increasing consumer and business demands for most green and environmentally friendly products, thereby stimulating the market.
  • Industry Adoption of Water-Borne Coatings for Compliance and Sustainability: To counter pressure from the environment, industries such as automotive, construction, and packaging have already adopted water-borne coatings. Adoption of these types of coatings ensures that the company complies with government regulations as to their enhanced environmental performance. Adoption of water-borne coatings is also supportive of the sustainability goals of companies and effective in building an improved image about the company, which is becoming important for consumers who are environmentally conscious.

Waterborne Coatings Market Future Trends

  • Growing Usage in Protective and Decorative Coating Applications: Protective and decorative application areas are fast adopting emerging trends of future development in the waterborne coating market. This is because the industries are looking for more sustainable and efficient solutions, and hence, waterborne paints have seen upsurge use as protective finishes on many surfaces such as metals, wood, and plastics. Here, in fact, even environmental factors are attributing to its increased durability and resistance.
  • Versatility and Appeal of Water-Borne Coatings in Decorative Applications: The water-borne coatings are popular in the decorative coatings section due to their versatility and ornamental properties. They help in achieving a good quality finish for residential, commercial, and industrial applications which can be found on walls, furniture, and automobiles. This demand within the decorative segments is due to the fact that a very good finish can be achieved with less impact on the environment.
  • Water-Borne Coatings for Protective Performance in Industrial Sectors: In the coatings intended for protective applications, water-based coatings give a very good performance in corrosion resistance, abrasion protection, and weather durability. Automotive, construction, infrastructure are some of the industries taking up water-based coatings due to their protective coatings against wear and tear for their products and structures. Water-based options ensure compliance with environmental regulations as they provide proper performance for high-performance applications.

Waterborne Coatings Market Opportunities

  • Specialized Waterborne Coatings for Specific Industrial Applications: The market for water-borne coatings is rapidly advancing with the introduction of specialty waterborne coatings specifically intended for certain industries applications. Such applications include, among others, automotive, aerospace, and electronics. They will necessitate coatings with special functionality, such as heat resistance, conductivity, or anti-corrosion features. Therefore, these tailored waterborne coatings can provide efficient green solutions across very diverse industry challenges.
  • Economic and Environmental Benefits of Water-Borne Coatings in the Automotive Industry: In the case of the automotive industry, waterborne coatings will provide durable finishes having high resistance to atmospheric, scratch, and corrosion damage. Manufacturers are interested in these because capacity to significantly reduce VOC emissions while delivering satisfactory performance makes such investments economically attractive. The trend toward specialized formulations will enable manufacturers to meet both environmental and technical demands.
  • Expanding Applications of Water-Borne Coatings in the Electronics Industry: On the same level, specialized waterborne coatings will soon gain wider applications in the electronics industry, where they find possible uses in protecting circuit boards and components. Such coatings, which possess remarkable adhesion, moisture resistance, and durability, promise to prolong mismatched electronic products' service lives. Such green demands are transferring this former specialist application to more general use in such industries.

Waterborne Coatings Market Regional Insights

The regional trends and factors influencing the Waterborne Coatings Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Waterborne Coatings Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

waterborne-coatings-market-global-geography
  • Get the Regional Specific Data for Waterborne Coatings Market

Waterborne Coatings Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 6%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Resin Type
  • Acrylic
  • Polyester
  • Alkyd
  • Epoxy
  • Polyurethane
  • Polytetrafluoroethylene
  • Polyvinylidene Fluoride
  • Polyvinylidene Chloride
By Application
  • Architectural
  • Industrial
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Akzo Nobel N.V.
  • Axalta Coating Systems
  • BASF SE
  • DuluxGroup Ltd.
  • Hempel A/S
  • Jotun Group
  • Kansai Paint Co.,Ltd
  • PPG Industries, Inc.
  • Solvay

  • Waterborne Coatings Market Players Density: Understanding Its Impact on Business Dynamics

    The Waterborne Coatings Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Waterborne Coatings Market are:

    1. Akzo Nobel N.V.
    2. Axalta Coating Systems
    3. BASF SE
    4. DuluxGroup Ltd.
    5. Hempel A/S

    Disclaimer: The companies listed above are not ranked in any particular order.


    waterborne-coatings-market-cagr

    • Get the Waterborne Coatings Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Waterborne Coatings Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Waterborne Coatings Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.


    Frequently Asked Questions

    What is the future trend for waterborne coatings market?

    Growing Usage in Protective and Decorative Coating Applications is expected to be the key market trends.

    Based on geography, which region held the largest share of the waterborne coatings market?

    Based on geography, Asia Pacific held the largest share of the waterborne coatings market.

    What are the key players operating in the waterborne coatings market?

    Akzo Nobel N.V., Axalta Coating Systems, BASF SE are some of the key players operating in the waterborne coatings market

    Which is the fastest growing segment based on resin type?

    Based on resin type, acrylic is expected to witness the fastest growth during the forecast period

    What are the driving factors impacting the waterborne coatings Market?

    Increasing Global Environmental Regulations Towards Low-VOC Coating Solutions is driving the market growth

    What is the expected CAGR of the Waterborne Coatings Market?

    The Waterborne Coatings Market is estimated to witness a CAGR of 6% from 2023 to 2031

    Habi Ummer
    Habi Ummer
    Manager,
    Market Research & Consulting

    Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
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    Our Clients
    The List of Companies

    1. Akzo Nobel N.V.
    2. Axalta Coating Systems
    3. BASF SE
    4. DuluxGroup Ltd.
    5. Hempel A/S
    6. Jotun Group
    7. Kansai Paint Co.,Ltd
    8. PPG Industries, Inc.
    9. Solvay
    10. Teknos (UK) Ltd
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