Water-Based Resins Market – Global Industry Analysis and Forecast (2021-2027)

Global Water-Based Resins Market was valued at US$ 38.56 Bn. in 2020 and is expected to reach US$ 56.09 Bn. by 2027, at a CAGR of 5.5 % during a forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding water-based resins market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focus on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies and regional presence. The report also provide PEST analysis, PORTER’s analysis, SWOT analysis to address question of shareholders to prioritizing the efforts and investment in near future to emerging segment in water-based resins market. Global Water-Based Resins Market To know about the Research Methodology :- Request Free Sample Report The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. Water-Based resins are usually found in coatings, such as water-borne coatings, water reducible coatings consisting of latex products and the synthetic polymer based products. They are easily dissolve in water as they undergo polymerization and poly-condensation reactions as can be used in conventional application techniques and by spraying. This yields an outstanding surface finish and protection.

Global Water-Based Resins Market Dynamics

The demand of the water-based resins market can be attributed to the increasing growth of the paints and coatings and adhesives and sealants applications. Governments of various economies have stringent regulations for permissible amounts of Volatile organic compounds (VOCs). This has affected a reduction in the use of solvent-based technology and promoted the use of water-based technology. Therefore growth in urbanization and stringent environment restrictions on the use of VOCs is likely to boost the growth and demand of the market during the forecasted period. Increasing shift toward environmentally-friendly products and increasing demand for composites are the major drivers of the water-based resin market. The benefits for using water based resins in polymer industry are they improved adhesion to non-porous surfaces, excellent finish, superior hardness, longer storage stability and improved flow and solubility. The more cost and low performance of water-based resins are the restraining factor of the water based resin market. The advancements in innovative technology have allowed the coating industry to produce more environmentally friendly and toxic-free coating like our Ecodur, it is a solvent and toxic-free and has superior adhesion properties and high chemical resistance.

Global Water-Based Resins Market Segment Analysis

Based on type, Acrylic resins are the most varied resin type. They are used in adhesives & sealants applications extensively. The demand for water-based acrylic resins increased as they offer better chemical and physical resistance ensuring a longer lifespan of the material they are applied to. Water-based acrylic resins are anticipated to completely replace solvent-based acrylic resins soon in the paints & coatings application owing to environmental regulations regarding the VOC emissions. Based on end-use industry, water based resins are widely used in the paints & coatings industries. Coatings is the dominant application accounts more than 50% of market share. Coatings demand has been mostly because of growing construction industry in Asia Pacific nation like China and India which are providing opportunities for the water resins market. Asia-Pacific holds a largest share of the global water-based resins market in 2020 due to rapid urbanization and expanding population in the region. Increasing construction activities and major companies from other region shifting their production centers to Asia-Pacific are also expected to fuel market growth in the region.

Global Water-Based Resins Market Regional Analysis

North America is another major market for water-based resins due to the technological advancements in the paints and coatings industry & stringent environmental regulations for the use of zero-emission coatings in the region. The increasing demand for the product in architectural coatings is anticipated to drive the growth of the regional market.

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Global Water-Based Resins Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 38.56 Bn.
Forecast Period 2021 to 2027 CAGR: 5.5% Market Size in 2027: US $ 56.09 Bn.
Segments Covered: by Type • Acrylic • Epoxy • Polyurethane • Alkyd • Others
by Application • Paints & Coatings • Adhesives & Sealants • Inks • Others

Global Water-Based Resins Market, by Region:

• North America • Europe • Middle East & Africa • Asia Pacific • South America

Key Players Operating In Global Water-Based Resins Market

• BASF • DowDuPont • Allnex Group • The Lubrizol Corporation • Royal DSM N.V. • Hexion • Arkema • DIC Corporation • Covestro AG • Adeka Corporation • Belike • Grupo Synthesia • Olin Corporation • Bond Polymers International • Celanese Corporation • Elantas • Hexion

Global Water-Based Resins Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Function 2.3.2. Primary Research 2.3.2.1. Data from Primary Function 2.3.2.2. Breakdown of Primary Function 3. Executive Summary : Global Water-Based Resins Size, by Market Value (US$ Bn) and Market Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 4.8. Patent Registration 5. Supply Side and Demand Side Indicators 6. Global Water-Based Resins Market Analysis and Forecast 6.1. Global Water-Based Resins Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Water-Based Resins Market Analysis and Forecast, by Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Water-Based Resins Market Value Share Analysis, by Type 7.4. Global Water-Based Resins Market Size (US$ Bn) Forecast, by Type 7.5. Global Water-Based Resins Market Analysis, by Type 7.6. Global Water-Based Resins Market Attractiveness Analysis, by Type 8. Global Water-Based Resins Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Water-Based Resins Market Value Share Analysis, by Application 8.4. Global Water-Based Resins Market Size (US$ Bn) Forecast, by Application 8.5. Global Water-Based Resins Market Analysis, by Application 8.6. Global Water-Based Resins Market Attractiveness Analysis, by Application 9. Global Water-Based Resins Market Analysis, by Region 9.1. Global Water-Based Resins Market Value Share Analysis, by Region 9.2. Global Water-Based Resins Market Size (US$ Bn) Forecast, by Region 9.3. Global Water-Based Resins Market Attractiveness Analysis, by Region 10. North America Water-Based Resins Market Analysis 10.1. Key Findings 10.2. North America Water-Based Resins Market Overview 10.3. North America Water-Based Resins Market Value Share Analysis, by Type 10.4. North America Water-Based Resins Market Forecast, by Type 10.4.1. Acrylic 10.4.2. Epoxy 10.4.3. Polyurethane 10.4.4. Alkyd 10.4.5. Others 10.5. North America Water-Based Resins Market Value Share Analysis, by Application 10.6. North America Water-Based Resins Market Forecast, by Application 10.6.1. Paints & Coatings 10.6.2. Adhesives & Sealants 10.6.3. Inks 10.6.4. Others 10.7. North America Water-Based Resins Market Value Share Analysis, by Country 10.8. North America Water-Based Resins Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Water-Based Resins Market Analysis, by Country 10.10. U.S. Water-Based Resins Market Forecast, by Type 10.10.1. Acrylic 10.10.2. Epoxy 10.10.3. Polyurethane 10.10.4. Alkyd 10.10.5. Others 10.11. U.S. Water-Based Resins Market Forecast, by Application 10.11.1. Paints & Coatings 10.11.2. Adhesives & Sealants 10.11.3. Inks 10.11.4. Others 10.12. Canada Water-Based Resins Market Forecast, by Type 10.12.1. Acrylic 10.12.2. Epoxy 10.12.3. Polyurethane 10.12.4. Alkyd 10.12.5. Others 10.13. Canada Water-Based Resins Market Forecast, by Application 10.13.1. Paints & Coatings 10.13.2. Adhesives & Sealants 10.13.3. Inks 10.13.4. Others 10.14. North America Water-Based Resins Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Water-Based Resins Market Analysis 11.1. Key Findings 11.2. Europe Water-Based Resins Market Overview 11.3. Europe Water-Based Resins Market Value Share Analysis, by Type 11.4. Europe Water-Based Resins Market Forecast, by Type 11.4.1. Acrylic 11.4.2. Epoxy 11.4.3. Polyurethane 11.4.4. Alkyd 11.4.5. Others 11.5. Europe Water-Based Resins Market Value Share Analysis, by Application 11.6. Europe Water-Based Resins Market Forecast, by Application 11.6.1. Paints & Coatings 11.6.2. Adhesives & Sealants 11.6.3. Inks 11.6.4. Others 11.7. Europe Water-Based Resins Market Value Share Analysis, by Country 11.8. Europe Water-Based Resins Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Water-Based Resins Market Analysis, by Country 11.10. Germany Water-Based Resins Market Forecast, by Type 11.10.1. Acrylic 11.10.2. Epoxy 11.10.3. Polyurethane 11.10.4. Alkyd 11.10.5. Others 11.11. Germany Water-Based Resins Market Forecast, by Application 11.11.1. Paints & Coatings 11.11.2. Adhesives & Sealants 11.11.3. Inks 11.11.4. Others 11.12. U.K. Water-Based Resins Market Forecast, by Type 11.12.1. Acrylic 11.12.2. Epoxy 11.12.3. Polyurethane 11.12.4. Alkyd 11.12.5. Others 11.13. U.K. Water-Based Resins Market Forecast, by Application 11.13.1. Paints & Coatings 11.13.2. Adhesives & Sealants 11.13.3. Inks 11.13.4. Others 11.14. France Water-Based Resins Market Forecast, by Type 11.14.1. Acrylic 11.14.2. Epoxy 11.14.3. Polyurethane 11.14.4. Alkyd 11.14.5. Others 11.15. France Water-Based Resins Market Forecast, by Application 11.15.1. Paints & Coatings 11.15.2. Adhesives & Sealants 11.15.3. Inks 11.15.4. Others 11.16. Italy Water-Based Resins Market Forecast, by Type 11.16.1. Acrylic 11.16.2. Epoxy 11.16.3. Polyurethane 11.16.4. Alkyd 11.16.5. Others 11.17. Italy Water-Based Resins Market Forecast, by Application 11.17.1. Paints & Coatings 11.17.2. Adhesives & Sealants 11.17.3. Inks 11.17.4. Others 11.18. Spain Water-Based Resins Market Forecast, by Type 11.18.1. Acrylic 11.18.2. Epoxy 11.18.3. Polyurethane 11.18.4. Alkyd 11.18.5. Others 11.19. Spain Water-Based Resins Market Forecast, by Application 11.19.1. Paints & Coatings 11.19.2. Adhesives & Sealants 11.19.3. Inks 11.19.4. Others 11.20. Rest of Europe Water-Based Resins Market Forecast, by Type 11.20.1. Acrylic 11.20.2. Epoxy 11.20.3. Polyurethane 11.20.4. Alkyd 11.20.5. Others 11.21. Rest of Europe Water-Based Resins Market Forecast, by Application 11.21.1. Paints & Coatings 11.21.2. Adhesives & Sealants 11.21.3. Inks 11.21.4. Others 11.22. Europe Water-Based Resins Market Attractiveness Analysis 11.22.1. By Type 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Water-Based Resins Market Analysis 12.1. Key Findings 12.2. Asia Pacific Water-Based Resins Market Overview 12.3. Asia Pacific Water-Based Resins Market Value Share Analysis, by Type 12.4. Asia Pacific Water-Based Resins Market Forecast, by Type 12.4.1. Acrylic 12.4.2. Epoxy 12.4.3. Polyurethane 12.4.4. Alkyd 12.4.5. Others 12.5. Asia Pacific Water-Based Resins Market Value Share Analysis, by Application 12.6. Asia Pacific Water-Based Resins Market Forecast, by Application 12.6.1. Paints & Coatings 12.6.2. Adhesives & Sealants 12.6.3. Inks 12.6.4. Others 12.7. Asia Pacific Water-Based Resins Market Value Share Analysis, by Country 12.8. Asia Pacific Water-Based Resins Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Water-Based Resins Market Analysis, by Country 12.10. China Water-Based Resins market forecast, by Type 12.10.1. Acrylic 12.10.2. Epoxy 12.10.3. Polyurethane 12.10.4. Alkyd 12.10.5. Others 12.11. China Water-Based Resins Market Forecast, by Application 12.11.1. Paints & Coatings 12.11.2. Adhesives & Sealants 12.11.3. Inks 12.11.4. Others 12.12. India Water-Based Resins Market Forecast, by Type 12.12.1. Acrylic 12.12.2. Epoxy 12.12.3. Polyurethane 12.12.4. Alkyd 12.12.5. Others 12.13. India Water-Based Resins Market Forecast, by Application 12.13.1. Paints & Coatings 12.13.2. Adhesives & Sealants 12.13.3. Inks 12.13.4. Others 12.14. Japan Water-Based Resins Market Forecast, by Type 12.14.1. Acrylic 12.14.2. Epoxy 12.14.3. Polyurethane 12.14.4. Alkyd 12.14.5. Others 12.15. Japan Water-Based Resins Market Forecast, by Application 12.15.1. Paints & Coatings 12.15.2. Adhesives & Sealants 12.15.3. Inks 12.15.4. Others 12.16. ASEAN Water-Based Resins Market Forecast, by Type 12.16.1. Acrylic 12.16.2. Epoxy 12.16.3. Polyurethane 12.16.4. Alkyd 12.16.5. Others 12.17. ASEAN Water-Based Resins Market Forecast, by Application 12.17.1. Paints & Coatings 12.17.2. Adhesives & Sealants 12.17.3. Inks 12.17.4. Others 12.18. Rest of Asia Pacific Water-Based Resins Market Forecast, by Type 12.18.1. Acrylic 12.18.2. Epoxy 12.18.3. Polyurethane 12.18.4. Alkyd 12.18.5. Others 12.19. Rest of Asia Pacific Water-Based Resins Market Forecast, by Application 12.19.1. Paints & Coatings 12.19.2. Adhesives & Sealants 12.19.3. Inks 12.19.4. Others 12.20. Asia Pacific Water-Based Resins Market Attractiveness Analysis 12.20.1. By Type 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Water-Based Resins Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Water-Based Resins Market Overview 13.3. Middle East & Africa Water-Based Resins Market Value Share Analysis, by Type 13.4. Middle East & Africa Water-Based Resins Market Forecast, by Type 13.4.1. Acrylic 13.4.2. Epoxy 13.4.3. Polyurethane 13.4.4. Alkyd 13.4.5. Others 13.5. Middle East & Africa Water-Based Resins Market Value Share Analysis, by Application 13.6. Middle East & Africa Water-Based Resins Market Forecast, by Application 13.6.1. Paints & Coatings 13.6.2. Adhesives & Sealants 13.6.3. Inks 13.6.4. Others 13.7. Middle East & Africa Water-Based Resins Market Value Share Analysis, by Country 13.8. Middle East & Africa Water-Based Resins Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Water-Based Resins Market Analysis, by Country 13.10. GCC Water-Based Resins Market Forecast, by Type 13.10.1. Acrylic 13.10.2. Epoxy 13.10.3. Polyurethane 13.10.4. Alkyd 13.10.5. Others 13.11. GCC Water-Based Resins Market Forecast, by Application 13.11.1. Paints & Coatings 13.11.2. Adhesives & Sealants 13.11.3. Inks 13.11.4. Others 13.12. South Africa Water-Based Resins Market Forecast, by Type 13.12.1. Acrylic 13.12.2. Epoxy 13.12.3. Polyurethane 13.12.4. Alkyd 13.12.5. Others 13.13. South Africa Water-Based Resins Market Forecast, by Application 13.13.1. Paints & Coatings 13.13.2. Adhesives & Sealants 13.13.3. Inks 13.13.4. Others 13.14. Rest of Middle East & Africa Water-Based Resins Market Forecast, by Type 13.14.1. Acrylic 13.14.2. Epoxy 13.14.3. Polyurethane 13.14.4. Alkyd 13.14.5. Others 13.15. Rest of Middle East & Africa Water-Based Resins Market Forecast, by Application 13.15.1. Paints & Coatings 13.15.2. Adhesives & Sealants 13.15.3. Inks 13.15.4. Others 13.16. Middle East & Africa Water-Based Resins Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Water-Based Resins Market Analysis 14.1. Key Findings 14.2. South America Water-Based Resins Market Overview 14.3. South America Water-Based Resins Market Value Share Analysis, by Type 14.4. South America Water-Based Resins Market Forecast, by Type 14.4.1. Acrylic 14.4.2. Epoxy 14.4.3. Polyurethane 14.4.4. Alkyd 14.4.5. Others 14.5. South America Water-Based Resins Market Value Share Analysis, by Application 14.6. South America Water-Based Resins Market Forecast, by Application 14.6.1. Paints & Coatings 14.6.2. Adhesives & Sealants 14.6.3. Inks 14.6.4. Others 14.7. South America Water-Based Resins Market Value Share Analysis, by Country 14.8. South America Water-Based Resins Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Water-Based Resins Market Analysis, by Country 14.10. Brazil Water-Based Resins Market Forecast, by Type 14.10.1. Acrylic 14.10.2. Epoxy 14.10.3. Polyurethane 14.10.4. Alkyd 14.10.5. Others 14.11. Brazil Water-Based Resins Market Forecast, by Application 14.11.1. Paints & Coatings 14.11.2. Adhesives & Sealants 14.11.3. Inks 14.11.4. Others 14.12. Mexico Water-Based Resins Market Forecast, by Type 14.12.1. Acrylic 14.12.2. Epoxy 14.12.3. Polyurethane 14.12.4. Alkyd 14.12.5. Others 14.13. Mexico Water-Based Resins Market Forecast, by Application 14.13.1. Paints & Coatings 14.13.2. Adhesives & Sealants 14.13.3. Inks 14.13.4. Others 14.14. Rest of South America Water-Based Resins Market Forecast, by Type 14.14.1. Acrylic 14.14.2. Epoxy 14.14.3. Polyurethane 14.14.4. Alkyd 14.14.5. Others 14.15. Rest of South America Water-Based Resins Market Forecast, by Application 14.15.1. Paints & Coatings 14.15.2. Adhesives & Sealants 14.15.3. Inks 14.15.4. Others 14.16. South America Water-Based Resins Market Attractiveness Analysis 14.16.1. By Type 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. BASF 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Manufacturing Footprints 15.3.2. DowDuPont 15.3.3. Allnex Group 15.3.4. The Lubrizol Corporation 15.3.5. Royal DSM N.V. 15.3.6. Hexion 15.3.7. Arkema 15.3.8. DIC Corporation 15.3.9. Covestro AG 15.3.10. Adeka Corporation 15.3.11. Belike 15.3.12. Grupo Synthesia 15.3.13. Olin Corporation 15.3.14. Bond Polymers International 15.3.15. Celanese Corporation 15.3.16. Elantas 15.3.17. Hexion 16. Primary Key Insights

About This Report

Report ID 25008
Category Material & Chemical
Published Date JAN 2020
Updated Date Nov 2021
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