Waterborne Acrylic Coating Market to Register Growth at 5.77% CAGR through 2023, States MRFR in Its Topical Report Available at MarketPublishers.com
20 Oct 2017 • by Natalie Aster
LONDON – As of 2016, the value of the overall waterborne acrylic coating market stood at around USD 41.67 billion. Increasing at a 5.77% CAGR, this market is forecast to climb to USD 61.31 billion by late 2023. The key market growth engine is the significant uptake in the building and construction market.
APAC takes lead in the world’s market for waterborne acrylic coatings, accounting for over 50% of the global consumption. Robust growth in this regional market is spurred by vast infrastructural developments and rising construction activities. China grabs a share of appr. 55.2% of the APAC waterborne acrylic coating market
North America ranks the second biggest regional market for waterborne acrylic coatings; it is projected to see growth at a 5.5% CAGR through 2023.
Some of the most prominent players in the world’s market for waterborne acrylic coatings include PPG Industries, DIC Corporation, BASF SE, The Dow Chemical Company, Nippon Paints Limited, Axalta Coating Systems and DSM.
Topical research report “Global Waterborne Acrylic Coating Market Research Report- Forecast to 2023” drawn up by Market Research Future (MRFR) offers a 360 degree view of the current scenario in the waterborne acrylic coating market globally, regionally and at a country level. This study touches upon the historical development patterns, describes the actual situation, examines the market dynamics and outline short-term future growth prospects. Moreover, this research study sheds light on the key forces influencing the market growth, discusses top trends, points out the major growth opportunities and threats. A detailed analysis of the market segmentation, an insightful overview of the competitive landscape and profiles of the top companies operating in the waterborne acrylic coating market are included in this report. In addition, a future outlook through 2023 is at hand in this publication.
A full collection of the publisher’s research reports is provided in MRFR online catalogue at MarketPublishers.com.