In Water soluble paints, water is used as a dispersal agent for resins. Unlike conventional organic solvent based paints, water soluble paints are eco-friendly and easy to use. Water content in water soluble paints accounts for 80 percent of the total paint volume. Other solvents such as glycol ethers are also used in the water soluble paints market to increase the viscosity of the paints. Attributed to their low Volatile organic compounds (VOC) content, these paints are gaining popularity, especially in the developing market such as the U.S. and Western Europe. According to The Dow Chemical Company, water-based paints are the dominant segment in residential paint market. The company also claimed that about 80% of paints sold in the residential market are water soluble paints.
GLOBAL INDUSTRY INSIGHT: Water Soluble Paints Market Size,
Share, Development, Growth and Demand Forecast to 2020 P&S
Market Research. All rights reserved 2
GlobalWaterSolublePaintsMarketSize,Share,Development, Growth and
Demand Forecast to 2020 In Water soluble paints, water is used as a
dispersal agent for resins. Unlike conventional organic solvent
based paints, water soluble paints are eco-friendly and easy to
use. Water content in water soluble paints accounts for 80 percent
of the total paint volume. Other solvents such as glycol ethers are
also used in the water soluble paints market to increase the
viscosity of the paints. Attributed to their low Volatile organic
compounds (VOC) content, these paints are gaining popularity,
especially in the developing market such as theU.S.and
WesternEurope.AccordingtoTheDowChemicalCompany,water-basedpaintsarethe
dominant segment in residential paint market. The company also
claimed that about 80% of paints sold in the residential market are
water soluble paints.
RequestTOConGlobalWaterSolublePaintsMarket:https://www.psmarketresearch.com/market-analysis/water-soluble-paints-market
The surging urbanization, increasing urban and sub-urban
residential infrastructure projects, and upcoming government
residential projects in urban and sub-urban area in developing
economies such as India, China and Brazil are some of the most
dominant growth drivers of the water soluble paint market in
Asia-Pacific region. The water soluble paint market in developed
region is driven by the stringent environment regulation,
regardingtheuseoforganicsolvent.InCanadaandU.S.totalVOCsof100g/lpaintsisapplicable,
howeverthemanufacturersarepredictingthemaximumVOCcontentwillfalldownto50g/,lduringthe
forecastperiodandhencethedemandofwatersolublepaintisexpectedtoescalateinthisregion.
Moreover, increasing consumer awareness about the health and
environment friendly paints and coating is expected to spur the
growth of the water soluble market during the forecast
period.Basedonthevariousproducttypes,theglobalwatersolublepaintsmarketcanbesegmentedas
Polyacrylate-based/Acrylic,Polyester-based,Alkyd-based,Epoxy-based,andEpoxyEster-basedwater
soluble paints. Based on the various applications the global water
soluble paints market can be segmented as Industrial, Residential,
and
others.Eco-friendlyandlow-VOCwatersolublepaintsarecostly,incomparisontoitscounterpartssuchas
traditional high-VOC paints. This is one of the most dominant
factors limiting the wide acceptance of water soluble paints. In
addition, lack of consumer awareness coupled with inadequate
government support for environmental friendly paints and coating in
developing economies, further hinders the market growth of the
water soluble paints market.
Thedemandforcost-effective,bio-sourced,andlow-VOCpaintsareincreasing.Hencetheappropriate
researchanddevelopmenttowardsthedevelopmentofcost-effectiverawmaterialscanprovidethenew
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GlobalWaterSolublePaintsMarketSize,Share,Development, Growth and
Demand Forecast to 2020
opportunityinthemarket.Stringentgovernmentregulationtowardsconventionalorganicsolventbased
paints in developed market is expected to impact the market
positively during the forecast period.
Advancingmanufacturingtechnologyofthewatersolublepaintisoneofthekeytrendsinthemarket.
Recently Dow Chemical has introduced a new technology called AVANSE
MV-100. It has high performance acrylic binders, which are
particularly used for the metal coating. Similarly, the other
manufactures are also expected to introduce new and cost-effective
manufacturing technique in coming years.
Themajorplayersoperatingintheglobalwatersolublepaintsmarketinclude,AkzoNobelN.V.,Asian
PaintsLimited,NIPPONPAINT,PPGIndustries,TheSherwin-WilliamsCompany,ValsparCorporation,
AxaltaCoatingSystems,LLC,BenjaminMoore&Co.,BergerPaintsIndiaLimited,BrilluxGmbH&Co.,
DAW Caparol., and DuraSoy One Paint.
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sandEnergy:https://www.psmarketresearch.com/industry-report/chemicals-materials-and-energy
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