Analysis and Opportunity Assessment in Global Water-based Alkyd Coatings Market Forecast 2018-2023

Water-based Alkyd Coatings

Global Water-based Alkyd Coatings Market Research Report 2018 presents an in-depth assessment of the Water-based Alkyd Coatings Market providing quantitative information about the market size, key market segments and manufacturer in terms of revenue, production and growth rate from 2018 to 2023. The Water-based Alkyd Coatings Market report also provides qualitative information about the technologies, key trends, market drivers, regulatory landscape, deployment models, opportunities, value chain and market strategies.

The Onerous Demand Of Global Water-based Alkyd Coatings Market report enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly. A separate section with Water-based Alkyd Coatings industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information.Development and Trend Research plays an Important role towards the innovation in any given industry which require to execute. Additionally, performing research and development offers a competitive advantage over the competitors owing to regular introduction of products and prototypes to attract consumers. This is expected to have a positive impact on the Water-based Alkyd Coatings market growth over the forecast period.

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The global water-based alkyd coatings market is projected to grow at a significant rate during the forecast period, 2018-2023. Asia-Pacific is expected to hold the largest share of the market owing to the increasing residential construction in China and India. Architectural end-user accounts for the largest share of the market.

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. Rest of the world is expected to follow this trend by the end of the next decade.

Architectural End-user Holds Largest Share of the Market

The construction industry is by-far the largest consumer of water-based alkyd coatings. With a rising number of building codes that promote eco-friendly and energy-efficient structures, home builders and consumers are gradually moving toward building strategies that deliver performance and energy savings in the long run. With a consistent economic growth in the Asian countries, such as India, China, Indonesia, Thailand, Malaysia, and Singapore, the demand for construction of new buildings, both commercial and residential, is consistently increasing, which, in turn, is increasing the demand for water-based alkyd coatings in the region.

Asia-Pacific to Dominate the Market

China’s transport ministry and National Development and Reform Commission (NDRC) has planned to invest USD 724 billion during 2016–2018 to construct 303 vital transportation projects, including railways, highways, waterways, airports, and urban rail. Under the 13th five-year plan (2016–2020), the Chinese government is planning for infrastructure development of 30,000 km of railway lines and 30,000 km of expressways. The Indian government has declared a target of USD 376.5 billion investment in infrastructure over a period of three years, including USD 120.5 billion for developing 27 industrial groups, and USD 75.3 billion for road, railway, and port connectivity projects. All these factors are set to propel the growth of the market in the region.

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.
Major Players: AkzoNobel N.V., Axalta Coating System, PPG Industries, and The Sherwin Williams Company, among others.

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To understand the impact of increasingly stringent regulations on the market.
Analyzing various perspectives of the market with the help of Porter’s Five Forces Analysis.
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Countries expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
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Water-based Alkyd Coatings Market Forecast 2018-2023

The Water-based Alkyd Coatings industry research report analyses the supply, sales, production, and market status comprehensively. Production market shares and sales market shares are analysed along with the study of capacity, production, sales, and revenue. Several other factors such as import, export, gross margin, price, cost, and consumption are also analysed under the section Analysis of Water-based Alkyd Coatings production, supply, sales and market status.

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Price of Water-based Alkyd Coatings Market Report (single User Licence): $ 4250

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

 

 

 

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