Market Overview

Global Water Based Resins Market by Type, Application and Geography - Forecast to 2023: Growing VOC Regulations is a Major Driver - ResearchAndMarkets.com

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The "Global
Water Based Resins Market - Segmented by Type, Application and geography
- Growth, Trends, and Forecast (2018 - 2023)"
report has been
added to ResearchAndMarkets.com's offering.

The water based resins market is expected to register a CAGR of
approximately 6.12% during the forecasted period, 2018-2023.

The market is driven by growing VOC regulations in coatings, along with
increasing consumer awareness in ecofriendly products. However, the
market is restrained by high costs accompanied by low performance
compared to the substitutes.

Growing VOC Regulations - Driving the Market

In coatings industry, VOCs (volatile organic compounds) are found in
wide variety of everyday products such as solvent-based paints/coatings.
These products release VOCs, which are the major causes of air pollution
and smog. Therefore, the governments have implemented various control
measures to improve the air quality.

Countries like China and United States have increased the regulations on
VOCs. In China, the government has implemented the Air Pollution
Prevention and Control Action Plan in 2015. These policies had a
significant impact in many areas especially in the comprehensive control
of VOCs like chemical, packaging, printing, and coatings industries. In
response these policies have pushed the companies to adopt new
technologies, which includes high-solid, solvent-less and waterborne
technologies at an unprecedented speed.

Key Highlights

  • Coatings - The Dominant Application
  • Asia Pacific - The Largest Market Share

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

  • BASF SE
  • 3M
  • AkzoNobel N.V.
  • Allnex Belgium S.A.
  • Cytec Industries Inc.
  • DowDuPont
  • Eastman Chemical Company
  • Henkel AG & Co. KGaA
  • Huntsman Corporation
  • Momentive Performance Materials Holdings LLC
  • Nan Ya Plastics Corporation
  • Royal DSM N.V.

For more information about this report visit https://www.researchandmarkets.com/research/93jb2p/global_water?w=4

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