Title: Water-based Resins Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast 2021-2026
1Water-based Resins MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Water-Based Resins Market size is forecast to
reach 55 billion by 2026, after growing at a
CAGR of 6.3 during 2021-2026. - owing to the rising demand for water-based
resins from various end-use industries such as
construction, marine, automotive, aerospace, and
more. - Water-based resins are fast replacing
traditional volatile organic compounds (VOCs)
solvent-based resins as these resins produce
eco-friendly and easy to apply coatings.
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Key Takeaways Asia-Pacific dominates the
water-based resins market, owing to the
increasing manufacturing construction
activities in the region due to various
government initiatives such as 100 smart
cities and Housing for all by 2022. As
water-based resins offer better chemical and
physical resistance, the demand for water-based
resins is high, ensuring a longer life span of
the material.
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By Distribution Channel- Segment Analysis The
acrylic segment held the largest share in the
water-based resins market in 2020 and is growing
at a CAGR of 5.6 during 2021-2026. Acrylic
resins are extensively used in various end-use
industries including automotive, construction,
industrial, and more. The main benefits of
acrylic resins are the ease of use, physical
properties, and low costs. They are resistant to
fungus, provide longer than average pot life, and
have outstanding protection from moisture.
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- Water-based Resins Market Industry Outlook
- BASF SE
- DowDuPont
- Allnex Group
- The Lubrizol Corporation
- Royal DSM N.V.
- Hexion
- Arkema
- DIC Corporation
- Covestro AG
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Water-based Resins Market - Forecast(2021 -
2026) Learn More About the Report _at_
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esins-Market-Research-500456
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- Data Tables
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