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Showing posts with the label Waterborne Acrylic Coating Market Analysis

Waterborne Acrylic Coating Market Size, Analysis, Overview & Trends during Forecast 2030

Waterborne Acrylic Coatings Market Highlights: Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Global waterborne acrylic coatings Market was valued at USD 41.7 billion in 2016 and is expected to grow at 5.77% CAGR to reach USD 61.3 billion by the end of 2023. Waterborne acrylic coatings are gaining traction across the global owing to its various advantages over solvent borne coatings such as good resistance to heat and abrasion, low flammability, and excellent adhesion among others. Moreover, less amount of coating material is required for the surface treatment of a desired surface as compared to solvent based coatings. Besides, the environmental feasibility of waterborne acrylic coatings over the solvent based coatings, which is highly regulated and restricted in the developed markets will be a significant factor driving the market for global waterborne acrylic coatings. Although known as architectural coatings, waterborne acrylic coatings ma...