세계의 수성 코팅 시장 : 산업 규모, 점유율, 동향, 기회 및 예측 - 수지 유형별, 용도별, 지역별, 경쟁 구도(2020-2030년)

Global Waterborne Coatings market was valued at USD 112.65 Billion in 2024 and is expected to reach USD 144.36 Billion by 2030 with a CAGR of 4.18%. The Global Waterborne Coatings Market is experiencing a fundamental shift, propelled by a combination of tightening environmental regulations, rising end-user demand for sustainable alternatives, and breakthroughs in resin and formulation technologies. As regulatory and ecological pressures drive industries away from solvent-based systems, waterborne coatings are rapidly emerging as the preferred strategic solution across a broad range of sectors including architectural finishes, automotive components, industrial machinery, wood coatings, and packaging materials.

This market now sits at a critical inflection point where regulatory compliance imperatives align with technological feasibility. As advancements in polymer science and application techniques continue to narrow the performance gap with solvent-based products, waterborne coatings are poised to secure a significantly larger share of both replacement and growth-driven demand.

Sustained market expansion will depend on the industry's ability to overcome operational barriers, particularly in terms of application complexity, climate sensitivity, and cost-efficiency. Strategic investments in R&D, supply chain optimization, and tailored end-use solutions will be essential for companies looking to capitalize on this transition and lead in the next phase of coatings innovation..

Key Market Drivers

Growing Demand of Waterborne Coatings in Automotive Industry

Waterborne coatings, as the name suggests, are based on water as a solvent to disperse the resin used to make the coating. This allows for a more sustainable and environmentally friendly approach, as waterborne coatings produce fewer Volatile Organic Compounds (VOCs) compared to traditional solvent-based coatings. By reducing VOC emissions, waterborne coatings contribute to a healthier environment and improved human health.

Waterborne coatings offer excellent aesthetic appeal and durability. They provide a wide range of vibrant colors and finishes, allowing automotive exteriors to stand out with a high-quality and visually appealing appearance. Additionally, these coatings exhibit exceptional resistance to UV rays, corrosion, and extreme weather conditions, ensuring long-lasting performance and protection for automotive surfaces.

The growing demand for waterborne coatings in the automotive industry is driving positive changes in the global market. As automakers prioritize sustainability, aesthetics, and durability, the demand for these coatings is expected to further rise. To meet this demand, manufacturers in the waterborne coatings market are investing in research and development efforts. These investments aim to develop advanced coatings with improved performance characteristics, such as enhanced corrosion resistance, superior adhesion, and better gloss retention.

The increasing demand for waterborne coatings in the automotive industry plays a significant role in the growth of the global waterborne coatings market. As automakers continue to prioritize eco-friendly materials that do not compromise on aesthetics or durability, the importance of waterborne coatings will continue to rise. With ongoing advancements in coating technology, the future of the global waterborne coatings market looks promising, with sustained growth anticipated.

Key Market Challenges

Performance Limitations in Harsh Industrial Environments

One of the most critical constraints to the wider adoption of waterborne coatings lies in their inherent performance limitations particularly under extreme environmental or operational conditions. Compared to solvent-based systems, waterborne coatings often struggle with: Lower chemical and corrosion resistance, Reduced tolerance to high humidity or extreme temperatures during application and curing, Inferior mechanical durability in aggressive industrial settings. These factors make waterborne formulations less suitable for high-demand applications such as marine coatings, oil & gas pipelines, heavy-duty machinery, and automotive underbody components, where long-term performance and structural protection are paramount.

While ongoing R&D in polymer hybrids and advanced additives is narrowing this performance gap, the technical complexity and cost associated with improving waterborne durability act as deterrents for many industrial users who prefer the proven reliability of solvent-based alternatives. This challenge limits the market's penetration into high-margin, value-added sectors, thereby slowing revenue growth potential from industrial clients.

Key Market Trends

Stringent Global VOC and Sustainability Regulations Accelerating Technology Shift

The tightening of environmental and health regulations globally especially related to Volatile Organic Compounds (VOCs) is a significant catalyst driving the shift from solvent-based to waterborne coatings. Regulatory bodies such as: The U.S. Environmental Protection Agency (EPA), European Chemicals Agency (ECHA) under REACH, China's Ministry of Ecology and Environment have imposed VOC caps and air quality standards that directly influence coating compositions across industrial, architectural, and commercial segments.

Waterborne coatings, with their inherently low VOC content, are increasingly viewed as the compliance-ready option for manufacturers and applicators. These formulations are especially gaining traction in regulated industries such as automotive refinishing, aerospace components, and medical-grade equipment, where non-compliance carries significant legal and reputational risks. This trend will continue to drive aggressive R&D investment in waterborne formulations, particularly in high-performance segments like anti-corrosion, abrasion-resistant, and heat-tolerant coatings traditionally dominated by solvent-based chemistries.

Key Market Players

• AkzoNobel NV
• BASF SE
• Axalta Coating Systems LLC
• Berger Paints India Ltd
• Kansai Paint Co., Ltd.
• Nippon Paint Holdings Company Ltd
• PPG Industries Inc.
• RPM International Inc.,
• The Sherwin-Williams Company
• The Valspar Corporation

Report Scope:

In this report, the Global Waterborne Coatings Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Waterborne Coatings Market, By Resin Type:

• Acrylic
• Polyester
• Alkyd
• Epoxy
• Polyurethane
• Polytetrafluoroethylene (PTFE)
• Polyvinylidene Fluoride (PVDF)
• Polyvinylidene Chloride (PVDC)
• Others

Waterborne Coatings Market, By Application:

• Architectural
• General Metals
• Automotive
• Industrial

Waterborne Coatings Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Waterborne Coatings Market.

Available Customizations:

Global Waterborne Coatings Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Waterborne Coatings Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Resin Type (Acrylic, Polyester, Alkyd, Epoxy, Polyurethane, Polytetrafluoroethylene (PTFE), Polyvinylidene Fluoride (PVDF), Polyvinylidene Chloride (PVDC), Others)
  • 5.2.2. By Application (Architectural, General Metals, Automotive, Industrial)
  • 5.2.3. By Region
  • 5.2.4. By Company (2024)
• 5.3. Market Map

6. North America Waterborne Coatings Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Resin Type
  • 6.2.2. By Application
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Waterborne Coatings Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Resin Type
      • 6.3.1.2.2. By Application
  • 6.3.2. Canada Waterborne Coatings Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Resin Type
      • 6.3.2.2.2. By Application
  • 6.3.3. Mexico Waterborne Coatings Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Resin Type
      • 6.3.3.2.2. By Application

7. Europe Waterborne Coatings Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Resin Type
  • 7.2.2. By Application
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Waterborne Coatings Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Resin Type
      • 7.3.1.2.2. By Application
  • 7.3.2. United Kingdom Waterborne Coatings Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Resin Type
      • 7.3.2.2.2. By Application
  • 7.3.3. Italy Waterborne Coatings Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Resin Type
      • 7.3.3.2.2. By Application
  • 7.3.4. France Waterborne Coatings Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Resin Type
      • 7.3.4.2.2. By Application
  • 7.3.5. Spain Waterborne Coatings Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Resin Type
      • 7.3.5.2.2. By Application

8. Asia-Pacific Waterborne Coatings Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Resin Type
  • 8.2.2. By Application
  • 8.2.3. By Country
• 8.3. Asia-Pacific: Country Analysis
  • 8.3.1. China Waterborne Coatings Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Resin Type
      • 8.3.1.2.2. By Application
  • 8.3.2. India Waterborne Coatings Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Resin Type
      • 8.3.2.2.2. By Application
  • 8.3.3. Japan Waterborne Coatings Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Resin Type
      • 8.3.3.2.2. By Application
  • 8.3.4. South Korea Waterborne Coatings Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Resin Type
      • 8.3.4.2.2. By Application
  • 8.3.5. Australia Waterborne Coatings Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Resin Type
      • 8.3.5.2.2. By Application

9. South America Waterborne Coatings Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Resin Type
  • 9.2.2. By Application
  • 9.2.3. By Country
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Waterborne Coatings Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Resin Type
      • 9.3.1.2.2. By Application
  • 9.3.2. Argentina Waterborne Coatings Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Resin Type
      • 9.3.2.2.2. By Application
  • 9.3.3. Colombia Waterborne Coatings Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Resin Type
      • 9.3.3.2.2. By Application

10. Middle East and Africa Waterborne Coatings Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Resin Type
  • 10.2.2. By Application
  • 10.2.3. By Country
• 10.3. MEA: Country Analysis
  • 10.3.1. South Africa Waterborne Coatings Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Resin Type
      • 10.3.1.2.2. By Application
  • 10.3.2. Saudi Arabia Waterborne Coatings Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Resin Type
      • 10.3.2.2.2. By Application
  • 10.3.3. UAE Waterborne Coatings Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Resin Type
      • 10.3.3.2.2. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Recent Developments
• 12.2. Product Launches
• 12.3. Mergers & Acquisitions

13. Global Waterborne Coatings Market: SWOT Analysis

14. Competitive Landscape

• 14.1. AkzoNobel NV
  • 14.1.1. Business Overview
  • 14.1.2. Product & Service Offerings
  • 14.1.3. Recent Developments
  • 14.1.4. Financials (If Listed)
  • 14.1.5. Key Personnel
  • 14.1.6. SWOT Analysis
• 14.2. BASF SE
• 14.3. Axalta Coating Systems LLC
• 14.4. Berger Paints India Ltd
• 14.5. Kansai Paint Co., Ltd.
• 14.6. Nippon Paint Holdings Company Ltd
• 14.7. PPG Industries Inc.
• 14.8. RPM International Inc.,
• 14.9. The Sherwin-Williams Company
• 14.10.The Valspar Corporation

15. Strategic Recommendations

16. About Us & Disclaimer