Water-based enamels offer glazing, enhanced corrosion protection, superior wear resistance, abrasion resistance. Water-based enamels can be made using a series of chemistries, including polyurethane, styrene-butadiene, and acrylic. However, they increase the life span of substrates by offering thermal protection, electrical resistivity, and insulation. Also, water-based enamel can be customized as per the environment of the substrate to be coated or by end-user applications, and their demand is increasing substantially. Some of the other advantages of water-based enamel that are giving them a more comprehensive adoption rate over oil and solvent-based enamel include swift drying, ease of use, lower volatile organic compounds (VOC) emissions, and ease of application.
MARKET DYNAMICS
The water based enamel market has witnessed a significant growth owing to factors such as growing demand from various end-user industries such as furniture, construction, ancillaries, and automotive, among others. Moreover, strict government regulations across the globe provides a huge market opportunity for the key players operating in the water based enamel market. However, difficulty in getting good quality water based enamel coating in dry and highly humid conditions is projected to hamper the overall growth of the water based enamel market.
MARKET SCOPE
The ?Global Water Based Enamel Market Analysis to 2028? is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the water based enamel market with detailed market segmentation type, application, and geography. The global water based enamel market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading water based enamel market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global water based enamel market is segmented on the basis of type and application. On the basis of type, the global water based enamel market is divided into polyurethane, styrene butadiene and acrylic. On the basis of application, the global water based enamel market is divided into construction, automotive, ancillaries, furniture and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global water based enamel market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The water based enamel market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the water based enamel market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the water based enamel market in these regions.
MARKET PLAYERS
The reports cover key developments in the water based enamel market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of marketplayers. The marketpayers from water based enamel market is anticipated to lucrative growth opportunities in the future with the rising demand for water based enamel in the global market. Below mentioned is the list of few companies engaged in the water based enamel market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the water based enamel market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AkzoNobel NV
- Asian Paints
- BASF SE
- Dulux
- Nippon Paint
- NOROO Paints & Coatings
- PPG Industries Inc.
- Sherwin-Williams and Valspar.
- Taubmans
- The Dow Chemical Company
The Insight Partner dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.