Manufacturers increasing emphasis on innovation and product development is factor driving market revenue growth
The global Water Based Enamel Paint Market size was USD 62.25 Billion in 2022 and is expected to reach USD 109.72 Billion in 2032, and register a rapid revenue CAGR of 6.5% during the forecast period. Rising demand for environment-friendly and sustainable coatings, rapid growth in the construction sector, and increasing number of consumers becoming aware about advantages of water-based enamel over conventional solvent-based coatings are key factors driving market revenue growth.
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Major Companies:
- Sherwin-Williams Company
- PPG Industries, Inc.
- AkzoNobel N.V.
- BASF SE
- Jotun Group
- Asian Paints
- Nippon Paint Holdings Co., Ltd.
- Tikkurila Oyj
- Kansai Paint Co., Ltd.
- DuluxGroup Limited
- Axalta Coating Systems LLC
Key questions addressed in the report:
- What is the expected market size of the global Water Based Enamel Paint market during the forecast period?
- What CAGR is the global market expected to register during the forecast period?
- Which key factors are expected to boost global market growth between 2021 and 2028?
- What are the key restraints that are expected to hamper global market growth?
- Which regional market is expected to register robust CAGR during the forecast period?
- Which key players are operating the global Water Based Enamel Paint market?
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Water Based Enamel Paint Market Segmentation:
By Resin Type Outlook:
- Acrylic
- Alkyd
- Polyurethane
- Epoxy
- Others
By Application Outlook:
- Architectural
- Industrial
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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