Global Water-Borne Coatings Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Resin Type;

Acrylic, Epoxy, Polyurethane, Polyester, Alkyd, Polyvinylidene Chloride (PVDC), Polyvinylidene Fluoride (PVDF), and Other.

By Application;

Architectural, General Industrial, Automotive OEM, Metal Packaging, Protective Coatings, Automotive Refinish, Industrial Wood, Marine, Coil, and Others.

By End-User Industry;

Building & Construction, Automotive, Industrial, Wood, and Other.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn190574663 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Water-Borne Coatings Market (USD Million), 2021 - 2031

In the year 2024, the Global Water-Borne Coatings Market was valued at USD 94,642.68 million. The size of this market is expected to increase to USD 136,763.84 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.

The Global Water-Borne Coatings Market has emerged as a significant segment within the coatings industry, driven by increasing environmental concerns and stringent regulations. Water-borne coatings, which utilize water as a solvent to disperse the resin, are becoming a preferred choice over traditional solvent-borne coatings due to their lower volatile organic compound (VOC) emissions. This shift is primarily motivated by the need to reduce environmental pollution and enhance worker safety. As industries globally move towards more sustainable practices, the adoption of water-borne coatings is witnessing a steady rise.

The market is characterized by a wide range of applications across various end-use industries, including automotive, construction, furniture, and electronics. In the automotive sector, water-borne coatings are favored for their superior corrosion resistance and durability. The construction industry leverages these coatings for their quick drying time and minimal odor, making them suitable for interior applications. Furniture manufacturers also prefer water-borne coatings for their ability to provide a high-quality finish with minimal environmental impact. This diversity in applications highlights the versatility and broad appeal of water-borne coatings.

Technological advancements are further propelling the market growth, with innovations aimed at improving the performance characteristics of water-borne coatings. Manufacturers are investing in research and development to enhance the adhesion, durability, and aesthetic properties of these coatings. Additionally, the rise of smart coatings that can respond to environmental stimuli is opening new avenues for the market. As regulatory frameworks continue to tighten and sustainability becomes a focal point for industries, the Global Water-Borne Coatings Market is poised for robust growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Resin Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-User Industry
    4. Market Snapshot, By Region
  4. Global Water-Borne Coatings Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental regulations tightening
        2. Growing sustainability focus
        3. Technological advancements boosting
        4. Industrialization and urbanization
      2. Restraints
        1. High production costs
        2. Performance limitations
        3. Market penetration challenges
        4. Raw material volatility
      3. Opportunities
        1. Emerging markets expansion
        2. Innovative product development
        3. Government incentives support
        4. Rising consumer awareness
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Water-Borne Coatings Market, By Resin Type, 2021 - 2031 (USD Million)
      1. Acrylic
      2. Epoxy
      3. Polyurethane
      4. Polyester
      5. Alkyd
      6. Polyvinylidene Chloride (PVDC)
      7. Polyvinylidene Fluoride (PVDF)
      8. Other
    2. Global Water-Borne Coatings Market, By Application, 2021 - 2031 (USD Million)
      1. Architectural
      2. General Industrial
      3. Automotive OEM
      4. Metal Packaging
      5. Protective Coatings
      6. Automotive Refinish
      7. Industrial Wood
      8. Marine
      9. Coil
      10. Others
    3. Global Water-Borne Coatings Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Building & Construction
      2. Automotive
      3. Industrial
      4. Wood
      5. Other
    4. Global Water-Borne Coatings Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AkzoNobel N.V.
      2. Arkema Group
      3. Asian Paints Limited
      4. Axalta Coating Systems, LLC
      5. BASF SE
      6. Benjamin Moore & Co.
      7. Berger Paints India Limited
      8. Dow
      9. Hempel
      10. Jotun
      11. Kansai Paint Co., Ltd.
      12. KCC Corporation
      13. Masco Corporation
      14. Nippon Paint Holdings Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market