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Water Resistant Coatings Market Size, Share Global Analysis Report, 2020–2026
Water Resistant Coatings Market By Type (Acrylics, Polyurethane, and Others), By property(Anti-Microbial, Anti Fouling, Anti-Corrosion, Anti Cleaning, and Others) and By Application (Aerospace, Automotive, Construction, Medical, Optical, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
The Water Resistant Coatings market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Water Resistant Coatings market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.
This technical and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Water Resistant Coatings industry. The report analyzes and declares the historical and current trends analysis of the Water Resistant Coatings industry and subsequently recommends the projected trends anticipated to be observed in the Water Resistant Coatings market during the upcoming years.
Key Insights from Primary Research
- As per our primary respondents, the Water Resistant Coatings market is set to grow annually at a rate of around 6%.
- It was established through primary research that the Water Resistant Coatings market was valued at around USD 640 million in 2019.
- After secondary research, we performed face-to-face interviews to validate our data. The insights interviewees declared that Polyurethane is the most used type for the global Water Resistant Coatings market.
- On the basis of the type, Polyurethane dominated the global Water Resistant Coatings market in 2019. It accounted for around 62% share of the total market in 2019.
- The Anti-Corrosion segment, on the basis of application segmentation, was the leading revenue-generating category accounting for around 62% share, in 2019.
Key Recommendations from Analysts
- Based on the exhaustive secondary research done by our team, Construction is anticipated to become the most demanding application in the upcoming years, owing to the growing demand for Water Resistant Coatings from the construction industry for various end-use applications.
- As per our analysts, APAC recorded the highest market share of more than 36% by 2026, and the market is expected to bolster in this region, resulting in creating lucrative opportunities for new players.
- Growing at a CAGR of around 6%, the Water Resistant Coatings market provides numerous opportunities for all of the involved stakeholders across the entire value chain.
- Our analysts have identified Polyurethane and Construction categories as the leading investment pockets for the Water Resistant Coatings market in terms of type and application segmentation respectively.
- Our analysts recommend the emerging players focus on Polyurethane owing to the substantial growth of the automotive and aerospace industry, especially in APAC and Middle-eastern regions.
Market Attractiveness – By Type
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Water Resistant Coatings industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Water Resistant Coatings industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Water Resistant Coatings market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Water Resistant Coatings industry. The Water Resistant Coatings market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market positions in the Water Resistant Coatings sector. Key strategic developments in the Water Resistant Coatings market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Water Resistant Coatings market are appropriately highlighted in the report.
The water-resistant coating market is was accounted for approximately USD 640 million in 2019 and is projected to grow up to USD 960 million by the end of 2026. The water-coating market is likely to strengthen at a CAGR of 6% over the forecast period owing to factors such as increased growth of the global construction industry, increased investment in construction renovation operations and higher disposable customer revenues. Increased investment in R&D activities in the production of relatively advanced waterproof coatings is a key factor in providing lucrative opportunities for established players. The need for waterproof coatings has increased, especially as the global economy has begun to grow and industrialize rapidly. In the coming years, the development of new formulation technologies and products will fuel the market for waterproof coatings.
The Water Resistant Coatings market research report delivers an acute valuation and taxonomy of the Water Resistant Coatings industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Water Resistant Coatings industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Water Resistant Coatings industry is provided for the leading economies of the world.
The Water Resistant Coatings market is segmented based on Type, property, and Application. On the basis of type segmentation, the market is classified into Acrylics, Polyurethane, and Others. Based on the property the market is bifurcated into, Anti-Microbial, Anti-Fouling, Anti-Corrosion, Anti-Cleaning, and Others. In terms of Application segmentation, the market is bifurcated into Aerospace, Automotive, Construction, Medical, Optical, and Others.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 640 Million |
Projected Market Size in 2026 |
USD 360 Million |
CAGR Growth Rate |
6% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Water Resistant Coatings market, but not restricted to include Sherwin-Williams, Polycoat, BASF, SIKA, Mapei, PAREX, Berger, Elokt, RPM, ASTEC, Carpoly, and others. |
Key Segment |
By Type, By Application, By Property, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The taxonomy of the Water Resistant Coatings industry by its scope and segmentation is as follows:
Some of the essential players operating in the Water Resistant Coatings market, but not restricted to include
- Sherwin-williams
- Polycoat
- BASF
- SIKA
- Mapei
- PAREX
- Berger
- Elokt
- RPM
- ASTEC
- Carpoly
By Type Segmentation Analysis (Customizable)
- Acrylics
- Polyurethane
- Others
By Property Segmentation Analysis (Customizable)
- Anti-Microbial
- Anti-Fouling
- Anti-Corrosion
- Anti-Cleaning
- Others
By Application Segmentation Analysis (Customizable)
- Aerospace
- Automotive
- Construction
- Medical
- Optical
- Others
Regional Segmentation Analysis (Customizable)
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
Table of Content
Industry Major Market Players
- Sherwin-williams
- Polycoat
- BASF
- SIKA
- Mapei
- PAREX
- Berger
- Elokt
- RPM
- ASTEC
- Carpoly
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