In 2015, the global market demand for water-based coatings was approximately 22 million tons

1.

1.

(1) The driving force of the construction industry is the main reason for the growth of water-based coatings

This part of the application accounts for 86.

(2) The growth of the automotive industry drives the demand for water-based coatings

In addition, the continuous growth of automobile production in China, India, Thailand, Indonesia and Mexico has also promoted the demand for water-based coatings.

2.

The increasingly stringent regulations on the VOC emission of solvent-based coatings by local government departments will also promote the growth of the water-based coatings market, especially the increasingly stringent VOC emission policies in China.

2.

　　Waterborne acrylic resin is the fastest growing mainstream waterborne polyurethane

　　Acrylic resin is the main resin used in water-based coatings, accounting for more than 80% of the total market in 2015.

　　Waterborne polyurethane is expected to become the fastest growing resin variety, with an annual growth rate of 7.

　　In 2015, European water-based coatings accounted for nearly 40% of global usage.

　　2.

　　The water-based coatings market in the Asia-Pacific region is expected to achieve the fastest growth of 7.

　　4.

　　It is expected that large multinational companies will moderately integrate the water-based coatings market in the future.
These large multinational companies include BASF, Berger Paint, Kansai Paint, Axalta Coating Systems, Nippon Paint, RPM International, PPG, Akzo Nobel, Valspar, Sherwin-William, Tikkurila, etc.
(Source: Global Coatings Network) (For more information, please log in: Global Coatings Network http:// )