The hottest water-based coating in the world is ex

2022-09-22
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The global water-based coating is expected to reach 32.71 million tons in 2022

the global water-based coating is expected to reach 32.71 million tons in 2022

in 2016, Yu Lianying studied the process and performance of producing fire-retardant building decoration materials from waste thermoplastic and sawdust powder, The flame retardant performance of the obtained materials meets the requirements of non combustible materials for building materials specified in the national standard (gb5464 ⑴ 985). August 10

[China paint information]

according to a latest research report, the global market demand for water-based coatings in 2015 was about 22million tons. It is estimated that the most intuitive performance is that the scaly peak of the clip was ground flat, and the market value is expected to reach 32.71 million tons in 022, with a total market value of $146.1 billion, The annual average growth rate in the six years is expected to be 6%

I. Analysis of the main reasons for growth:

1. The driving force of construction and automotive applications

(1) the driving force of the construction industry is the main reason for the growth of water-based coatings

this part of the application accounts for 86.5% of the total market. In the next six years, new and renovated construction projects in Asia Pacific and the Middle East will become the main driving force for the growth of water-based paint market, because water-based paint is widely used in indoor and outdoor, door, decorative materials and building exterior wall coating

(2) the growth of the automobile industry promotes the demand for water-based coatings

in addition, the continuous growth of automobile production in China, India, Thailand, Indonesia and Mexico also promotes the demand for water-based coatings. Automotive OEM is expected to grow the fastest, with an expected growth rate of 8.1% from 2016 to 2022

2. Driven by local VOC emission policies

the increasingly strict regulatory restrictions on VOC emission of solvent based coatings by local government departments will also promote the growth of the water-based coating market, especially the VOC emission policy of sampling samples from other inspection items in China by random sampling method from samples with size deviation and appearance quality inspection is increasingly strict

II. Analysis of the proportion of water-based resins

water-based acrylic resin is the fastest-growing mainstream water-based polyurethane

acrylic resin is the most important resin used in water-based coatings, accounting for more than 80% of the total market in 2015. Because of its good weather resistance and low cost, it is widely used in infrastructure and automotive industry

waterborne polyurethane is expected to become the fastest-growing resin variety, with an annual growth rate of 7.5% from 2016 to 2022. The main reason for its growth is its better performance than other resins

III. regional analysis of the application of water-based coatings

1. Europe is the largest regional market for water-based coatings

in 2015, water-based coatings in Europe accounted for nearly 40% of the global consumption. It can be predicted that the restrictions of strict environmental regulations on solvent based coatings will further promote the demand for water-based coatings in this region

2. The alarm light corresponding to Asia Pacific region is on, and the growth rate in Asia Pacific region is the fastest.

it is expected that the water-based coating market in Asia Pacific region will reach the fastest growth rate of 7.9% from 2016 to 2022. The main factor driving demand growth in the region is the increase in infrastructure projects in India, China and Indonesia. The Asia Pacific region is expected to replace Europe as the largest regional market for waterborne coatings in 2022

IV. future trend: integration of water-based coating market

it is expected that large multinational companies will appropriately integrate the water-based coating market in the future, including BASF, Berger paint, Kansai Paint, Ashtar paint system, Nippon Paint, RPM international, PPG, AkzoNobel, Valspar, Xuanwei and digurila

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