Waterborne Epoxy Resin Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Waterborne Epoxy Resin Market Analysis
The market for water-borne resins is expected to grow at a CAGR of more than 5% during the forecast period. Increasing demand for adhesives and sealants is a major factor driving the demand of the market studied. However, relatively higher costs as compared to other resins is likely to hinder the market.
Waterborne Epoxy Resin Market Trends
This section covers the major market trends shaping the Water-borne Resins Market according to our research experts:
Paints and Coatings to Dominate the Market
- Water-borne paints and coatings hold the major share in the overall paints and coatings market. The major reason for their gain over solvent-borne is their environment-friendly nature, as they are generally lower in volatile organic compounds (VOCs), which degrade the environment.
- Furthermore, other properties, like low odor, more durability, and block resistance, make water-borne paints preferable than solvent-borne.
- The water-borne segment of the market studied is driven by several factors, such as increasing consumer awareness about VOC emissions and rising environmental regulations. Additionally, water-borne coatings are mostly preferred for interior and exterior doors, windows, and door frames.
- In recent times, there has been a propensity to seek coatings with low odor, usability, and water clean-up characteristics, among the end-users. Water-borne coatings meet such requirements and they also facilitate low viscosity, without the addition of low-molecular weight monomers.
- Such factors in turn are boosting the market for water borne resins in the paints & coatings market.
Asia-Pacific to Dominate the Market
- Owing to the increasing government regulations, Asia-pacific is likely to continue its dominance during the forecast period by witnessing significant growth in waterborne resins for various applications.
- Asia-Pacific is a hub for the global construction market as well as packaging industries where paints & coatings and adhesives play a key role.
- The robust demand for water-based paints and adhesives is one of the major factors driving the market studied primarily in the construction sector.
- For instance, China's real estate sector has been growing rapidly with increased investment by the government. The growth in construction is expected to positively affect the paints & coatings market in the country.
- Also, the Indian government has been actively boosting housing construction, as it aims to provide a home to about 1.3 billion people. The country is likely to witness around ~USD 1.3 trillion of investment in housing over the next seven years and is likely to witness the construction of 60 million new homes in the country.
- Such factors in turn are estimated to boost the demand of the market studied.
Waterborne Epoxy Resin Industry Overview
The market studied is consolidated among the limited players. Some of the key players in the market include BASF SE, ALLNEX NETHERLANDS B.V., Dow, Eastman Chemical Company, and Huntsman International LLC, among others.
Waterborne Epoxy Resin Market Leaders
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BASF SE
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Eastman Chemical Company
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Huntsman International LLC
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ALLNEX NETHERLANDS B.V.
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Dow
*Disclaimer: Major Players sorted in no particular order
Waterborne Epoxy Resin Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Increasing demand for Adhesives & Sealants
- 4.1.2 Other Drivers
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4.2 Restraints
- 4.2.1 Impact of COVID-19 Pandemic
- 4.2.2 Other Restraints
- 4.3 Industry Value-Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
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5.1 Type
- 5.1.1 Acrylics
- 5.1.2 Alkyds
- 5.1.3 Epoxies
- 5.1.4 Polyurethanes
- 5.1.5 Other Types
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5.2 Application
- 5.2.1 Paints and Coatings
- 5.2.2 Adhesives and Sealants
- 5.2.3 Inks
- 5.2.4 Other Applications
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5.3 Geography
- 5.3.1 Asia-Pacific
- 5.3.1.1 China
- 5.3.1.2 India
- 5.3.1.3 Japan
- 5.3.1.4 South Korea
- 5.3.1.5 Rest of Asia-Pacific
- 5.3.2 North America
- 5.3.2.1 United States
- 5.3.2.2 Canada
- 5.3.2.3 Mexico
- 5.3.3 Europe
- 5.3.3.1 Germany
- 5.3.3.2 United Kingdom
- 5.3.3.3 France
- 5.3.3.4 Italy
- 5.3.3.5 Rest of Europe
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of South America
- 5.3.5 Middle-East and Africa
- 5.3.5.1 South Africa
- 5.3.5.2 Saudi Arabia
- 5.3.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share/Ranking Analysis**
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 ALLNEX NETHERLANDS B.V.
- 6.4.2 Arkema Group
- 6.4.3 BASF SE
- 6.4.4 Dow
- 6.4.5 DSM
- 6.4.6 Eastman Chemical Company
- 6.4.7 Huntsman International LLC
- 6.4.8 Momentive
- 6.4.9 Nan Ya Plastics Corporation
- 6.4.10 Solvay
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityWaterborne Epoxy Resin Industry Segmentation
The water-borne resins market report includes:
| Type | Acrylics | |
| Alkyds | ||
| Epoxies | ||
| Polyurethanes | ||
| Other Types | ||
| Application | Paints and Coatings | |
| Adhesives and Sealants | ||
| Inks | ||
| Other Applications | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Rest of Europe | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle-East and Africa | South Africa |
| Saudi Arabia | ||
| Rest of Middle-East and Africa |
Waterborne Epoxy Resin Market Research FAQs
What is the current Water-borne Resins Market size?
The Water-borne Resins Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Water-borne Resins Market?
BASF SE, Eastman Chemical Company, Huntsman International LLC, ALLNEX NETHERLANDS B.V. and Dow are the major companies operating in the Water-borne Resins Market.
Which is the fastest growing region in Water-borne Resins Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Water-borne Resins Market?
In 2024, the Asia Pacific accounts for the largest market share in Water-borne Resins Market.
What years does this Water-borne Resins Market cover?
The report covers the Water-borne Resins Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Water-borne Resins Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Waterborne Epoxy Resin Industry Report
Statistics for the 2024 Waterborne Epoxy Resin market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Waterborne Epoxy Resin analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
