INTERESTED IN THIS RESEARCH?
Contact our analysts for inquiries, samples, and expert insights.
Report Outlook
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 62.47 billion by 2029 | 5.8% | Asia Pacific |
| By Type | By Application | By Region |
|---|---|---|
|
|
|
SCOPE OF THE REPORT
Water-Based Resins Market Overview
The global water-based resins market is expected to grow at 5.8% CAGR from 2022 to 2029. It is expected to reach above USD 62.47 billion by 2029 from USD 42.1 billion in 2022.
Waterborne resins are sometimes known as water-based resins. These are resins or polymeric resins that employ water as their transporting medium rather than a solvent or a solvent-free media. Coatings, adhesives, sealants, elastomers, and composite materials are all made with resins.
The rising demand for water-based resins can be ascribed to the rise of the paints and coatings and adhesives and sealants applications. Governments in many economies set strict limits on the quantity of volatile organic compounds that can be used (VOCs). This has resulted in a decrease in the usage of solvent-based technology and an increase in the use of water-based technology. As a result, increased urbanization and stricter environmental limitations on the usage of VOCs are expected to promote market growth and demand throughout the anticipated period.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion) (Kilotons) |
| Segmentation | By Type, Application, and region. |
| By Type |
|
| By Application |
|
| By Region |
|
Solvent-based resins has one significant benefit over water-based resins during the curing process: they are less susceptible to external factors such as temperature and humidity. Humidity can prevent water from evaporating in a water-based coating, rendering it unworkable in specific areas. As a result, solvent-based resins are preferable for applications in humid settings where water-based resins cannot cure adequately. Moreover, solvent-based resins are often more robust than water-based resins during coating curing. Furthermore, the capital and fixed costs involved with switching from solvent-based to water-based technology are substantial. As a result, many small-scale producers in developing countries continue to use solvent-based resins. Many of these factors are limiting the growth of the water-based resins market during the projected period.
Due to the Covid-19 epidemic, most nations have gone into lockdown, causing many projects and activities in different end-use sectors such as automotive and construction to be disrupted, hampered the growth of the water-based resins market. As a result of the coronavirus epidemic, major building and construction projects have been paused. Due to this stop, demand for polymeric resins and elastomers has dropped dramatically, weighing on the growth of the water-based resins market during the epidemic. In addition, the epidemic is having a significant impact on the car industry. Automotive manufacturing has been hampered, resulting in a significant revenue loss across the automobile industry. The drop in vehicle manufacturing has drastically reduced demand for adhesives and sealants, which is having a severe influence on the water-based resins industry.
The driving factors of the water-based resin market are a rising movement towards ecologically friendly goods and an increase in demand for composites. Water-based resins have increased adherence to non-porous surfaces, great finish, superior hardness, extended storage stability, and improved flow and solubility in the polymer sector. The higher cost and poor performance of water-based resins are the market’s stumbling blocks. Innovative technical breakthroughs have enabled the coating industry to manufacture more ecologically friendly and toxic-free coatings, such as our Ecoder, which is solvent and toxic-free and has exceptional adhesion qualities and great chemical resistance.
Water-Based Resins Segment Analysis
The water-based resins market is segmented into type, application, region, and global trends. These segments are further divided into type such as acrylic, epoxy, polyurethane, alkyd, formaldehyde, and others; application such as paints & coatings, adhesives & sealants, Inks, and leather.
Acrylic resins are the most diverse form of resin. They are widely utilized in adhesives and sealants applications. Water-based acrylic resins have grown in popularity due to their superior chemical and physical resistance, resulting in a longer lifespan for the material to which they are applied. Water-based acrylic resins are expected to totally replace solvent-based acrylic resins in paints and coatings applications in the near future due to environmental restrictions governing VOC emissions.
Due to the increased use of water-based resins in the manufacturing of paints and coatings, the paints and coatings sector had the greatest share of the water-based resins market. Many solvents evaporate into volatile organic molecules. VOCs are frequently regulated by national, state, and municipal governments by regulating their emissions. Yet, because water-based coatings contain no or very few solvents, they are an excellent solution to reduce a company’s VOC emissions, allowing it to pay less on environmental compliance consulting.
Water-Based Resins Market Key Players
Key market players covered by the water-based resins market analysis are BASF SE, Lawter Inc., DowDuPont, Allnex Group, Lubrizol Corporation, Hexion, Royal DSM NV, DIC Corporation, Arkema, BELIKE Chemical, Vil Resins, Arakawa Chemical Industries Ltd., Covestro AG, Celanese Corporation, KITO Chemical Co. Ltd.
Industry Development:
April 20, 2022: Royal DSM, a global purpose-led science-based company, announced that it has reached an agreement to sell its Protective Materials business to Avient Corporation for an Enterprise Value of EURO 1.44 billion.
February 21, 2023: Covestro empowering the circular economy with low-carbon technology releases seven coatings and adhesives solutions. Seven newly launched solutions cover four fields, including mobility and construction. The expanded CQ portfolio advances Covestro’s vision of a circular economy.
Who Should Buy? Or Key stakeholders
- Chemical & Material manufacturers
- Chemical Industry
- Automotive Industry
- Building & Construction
- Marine
- Industrial
- Aerospace
- Paper & Pulp
Water-based Resins Market Regional Analysis
The water-based resins market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN, and Rest of APAC
- Europe: includes the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe
- South America: includes Brazil, Argentina, and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and the Rest of MEA
Asia Pacific region accounts for the largest global market in the water-based resins market. Due to growing government restrictions, Asia-Pacific is expected to maintain its dominance over the projected period, with a strong increase in waterborne resins for various applications. Asia-Pacific is a worldwide construction and packaging center, with paints, coatings, and adhesives playing important roles. One of the primary drivers driving the market examined especially in the construction industry is the high demand for water-based paints and adhesives. For example, China’s real estate market has been quickly expanding due to greater government investment. The country’s paints and coatings business are likely to benefit from the country’s construction expansion.
North America is another dominant market for Water-Based Resins due to technical improvements in the paints and coatings sector and rigorous environmental laws for the use of zero-emission coatings in the area. The growing demand for the product in architectural coatings is projected to propel the regional market forward.
Key Market Segments: Water-Based Resins Market
Water-Based Resins Market By Type, 2020-2029, (USD Billion) (Kilotons)
- Acrylic
- Epoxy
- Polyurethane
- Alkyd
- Formaldehyde
- Others
Water-Based Resins Market By Application, 2020-2029, (USD Billion) (Kilotons)
- Paints & Coatings
- Adhesives & Sealants
- Inks
- Leather
Water-Based Resins Market By Region, 2020-2029, (USD Billion) (Kilotons)
- North America
- Asia Pacific
- Europe
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Exactitude Consultancy Services Key Objectives:
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- Who are the major players in the water-based resins market and what is their market share?
- What are the end-user industries driving demand for the market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, and Africa?
- How is the economic environment affecting the battery packaging, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the water-based resins market?
- What are the key drivers of growth in the water-based resins market?
- What are the distribution channels and supply chain dynamics in the water-based resins market?
- What are the technological advancements and innovations in the water-based resins market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the water-based resins market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the water-based resins market?
- What are the product offerings and specifications of leading players in the market?
- What is the pricing trend of water-based resins in the market and what is the impact of raw material prices on the price trend?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL WATER-BASED RESINS MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON A WATER-BASED RESINS MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL WATER-BASED RESINS MARKET OUTLOOK
- GLOBAL WATER-BASED RESINS MARKET BY TYPE, 2020-2029, (USD BILLION) (KILOTONS)
- ACRYLIC
- EPOXY
- POLYURETHANE
- ALKYD
- FORMALDEHYDE
- OTHERS
- GLOBAL WATER-BASED RESINS MARKET BY APPLICATION, 2020-2029, (USD BILLION) (KILOTONS)
- PAINTS & COATINGS
- ADHESIVES & SEALANTS
- INKS
- LEATHER
- GLOBAL WATER-BASED RESINS MARKET BY REGION, 2020-2029, (USD BILLION) (KILOTONS)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES*
(BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- BASF SE
- LAWTER INC.
- DOWDUPONT
- ALLNEX GROUP
- LUBRIZOL CORPORATION
- HEXION
- ROYAL DSM NV
- DIC CORPORATION
- ARKEMA
- BELIKE CHEMICAL
- VIL RESINS
- ARAKAWA CHEMICAL INDUSTRIES LTD.
- COVESTRO AG
- CELANESE CORPORATION
- KITO CHEMICAL CO. LTD.
*THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL WATER-BASED RESINS MARKET BY REGION (USD BILLION) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL WATER-BASED RESINS MARKET BY REGION (KILOTONS) 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA WATER-BASED RESINS MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA WATER-BASED RESINS MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â US WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â US WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â US WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â US WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA WATER-BASED RESINS MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA WATER-BASED RESINS MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC WATER-BASED RESINS MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC WATER-BASED RESINS MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 80Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 81Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE WATER-BASED RESINS MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 82Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE WATER-BASED RESINS MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 83Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 84Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 85Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 86Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 87Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 88Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 89Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 90Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 91Â Â Â Â Â Â Â Â Â Â Â Â Â UK WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 92Â Â Â Â Â Â Â Â Â Â Â Â Â UK WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 93Â Â Â Â Â Â Â Â Â Â Â Â Â UK WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 94Â Â Â Â Â Â Â Â Â Â Â Â Â UK WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 95Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 96Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 97Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 98Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 99Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 100Â Â Â Â Â Â Â Â Â Â Â ITALY WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 101Â Â Â Â Â Â Â Â Â Â Â ITALY WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 102Â Â Â Â Â Â Â Â Â Â Â ITALY WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 103Â Â Â Â Â Â Â Â Â Â Â SPAIN WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 104Â Â Â Â Â Â Â Â Â Â Â SPAIN WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 105Â Â Â Â Â Â Â Â Â Â Â SPAIN WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 106Â Â Â Â Â Â Â Â Â Â Â SPAIN WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 107Â Â Â Â Â Â Â Â Â Â Â RUSSIA WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 108Â Â Â Â Â Â Â Â Â Â Â RUSSIA WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 109Â Â Â Â Â Â Â Â Â Â Â RUSSIA WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 110Â Â Â Â Â Â Â Â Â Â Â RUSSIA WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 111Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 112Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 113Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 114Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 115Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA WATER-BASED RESINS MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 116Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA WATER-BASED RESINS MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 117Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 118Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 119Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 120Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 121Â Â Â Â Â Â Â Â Â Â Â UAE WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 122Â Â Â Â Â Â Â Â Â Â Â UAE WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 123Â Â Â Â Â Â Â Â Â Â Â UAE WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 124Â Â Â Â Â Â Â Â Â Â Â UAE WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 125Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 126Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 127Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 128Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 129Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 130Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 131Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 132Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 133Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA WATER-BASED RESINS MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 134Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA WATER-BASED RESINS MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 135Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA WATER-BASED RESINS MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 136Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA WATER-BASED RESINS MARKET BY APPLICATION (KILOTONS) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL WATER-BASED RESINS MARKET BY TYPE, USD BILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL WATER-BASED RESINS MARKET BY APPLICATION, USD BILLION, 2020-2029
FIGURE 10Â Â Â Â Â Â Â Â Â Â GLOBAL WATER-BASED RESINS MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 11          PORTER’S FIVE FORCES MODEL
FIGURE 12Â Â Â Â Â Â Â Â Â Â GLOBAL WATER-BASED RESINS MARKET BY TYPE 2021
FIGURE 13Â Â Â Â Â Â Â Â Â Â GLOBAL WATER-BASED RESINS MARKET BY APPLICATION 2021
FIGURE 14Â Â Â Â Â Â Â Â Â Â GLOBAL WATER-BASED RESINS MARKET BY REGION 2021
FIGURE 15Â Â Â Â Â Â Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 16Â Â Â Â Â Â Â Â Â Â BASF SE: COMPANY SNAPSHOT
FIGURE 17Â Â Â Â Â Â Â Â Â Â LAWTER INC.: COMPANY SNAPSHOT
FIGURE 18Â Â Â Â Â Â Â Â Â Â DOWDUPONT: COMPANY SNAPSHOT
FIGURE 19Â Â Â Â Â Â Â Â Â Â ALLNEX GROUP: COMPANY SNAPSHOT
FIGURE 20Â Â Â Â Â Â Â Â Â Â LUBRIZOL CORPORATION: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â HEXION: COMPANY SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â ROYAL DSM NV: COMPANY SNAPSHOT
FIGURE 23Â Â Â Â Â Â Â Â Â Â ARKEMA: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â Â Â Â Â Â Â BELIKE CHEMICAL: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â Â Â Â Â Â Â VIL RESINS: COMPANY SNAPSHOT
FIGURE 26Â Â Â Â Â Â Â Â Â Â ARAKAWA CHEMICAL INDUSTRIES LTD.: COMPANY SNAPSHOT
FIGURE 27Â Â Â Â Â Â Â Â Â Â COVESTRO AG: COMPANY SNAPSHOT
FIGURE 28Â Â Â Â Â Â Â Â Â Â CELANESE CORPORATION: COMPANY SNAPSHOT
FIGURE 29Â Â Â Â Â Â Â Â Â Â KITO CHEMICAL CO. LTD.: COMPANY SNAPSHOT
FAQ
The global water-based resins market is expected to grow at 5.8% CAGR from 2022 to 2029. It is expected to reach above USD 62.47 billion by 2029 from USD 42.1 billion in 2022.
Asia Pacific region accounts for the largest global market in the water-based resins market. The significant usage of water-based resins in the building & construction and packaging sectors, rising demand for eco-friendly technologies, and rising demand for water-based resins from the building & construction industry all contribute to the region’s market growth. the expansion of the battery packaging industry.
Key market players covered by the water-based resins market analysis are BASF SE, Lawter Inc., DowDuPont, Allnex Group, Lubrizol Corporation, Hexion, Royal DSM NV, DIC Corporation, Arkema, BELIKE Chemical, Vil Resins, Arakawa Chemical Industries Ltd., Covestro AG, Celanese Corporation, KITO Chemical Co. Ltd.
Increasing public awareness of the benefits of using energy-efficient goods such as zero-emission automobiles, as well as increased government laws aimed at environmental safety, are driving market expansion. Another element contributing to the market’s optimistic outlook is the fast-expanding demand for batteries from the renewable energy industry. Nevertheless, worries about product efficiency and high initial expenditures are projected to limit battery packaging market expansion.
In-Depth Database
Our Report’s database covers almost all topics of all regions over the Globe.
Recognised Publishing Sources
Tie ups with top publishers around the globe.
Customer Support
Complete pre and post sales
support.
Safe & Secure
Complete secure payment
process.