수성 코팅제 시장 규모는 2023년에 804억 달러, 2031년에는 1,222억 달러에 달하며, 2024-2031년에 CAGR 5.8%로 성장합니다. 수성 코팅제는 물을 용매로 사용하여 수지를 분산시키는 용매로 사용하므로 환경 친화적이고 사용하기 쉬운 페인트입니다. 물을 용매로 사용하여 수지를 분리하여 도막을 형성하는 모든 페인트를 말합니다. 수성 코팅제는 다량의 물과 소량의 다른 용매를 포함한 다양한 용매의 조합으로 구성될 수 있습니다.
수성 코팅제는 일반적으로 80%에 가까운 물을 함유하고 있으며, 환경 친화적이기 때문에 기존 페인트보다 선호됩니다. 수성 코팅제는 건축 및 건설, 자동차 산업에서 자주 사용되어 수성 코팅제 산업의 성장을 지원하고 있습니다.
건축 및 건설 산업과 자동차 산업의 급속한 성장으로 인해 친환경 수성 코팅제에 대한 수요가 증가하고 있으며, 이는 시장 성장을 가속하고 있습니다.
수성 코팅제 시장을 형성하고 있는 주요 시장 역학
주요 시장 성장 촉진요인
환경 규제와 지속가능성:
환경 규제와 지속가능성: 환경 문제에 대한 인식이 높아지고 휘발성 유기화합물(VOC)에 대한 규제가 강화되면서 수성 코팅제에 대한 수요가 증가하고 있습니다. 수성 코팅제는 일반적으로 솔벤트 기반 페인트에 비해 VOC 수준이 낮고 환경 친화적입니다.
건설업의 성장:
건설 산업의 성장, 특히 주거 및 상업용 인프라 프로젝트가 페인트에 대한 수요를 증가시키고 있습니다. 수성 코팅제는 독성이 낮고 환경 친화적이기 때문에 건설 분야에서 선호되고 있습니다.
자동차 산업 동향 :
자동차 업계는 배출가스 저감을 중시하고 친환경 솔루션을 채택하고 있으며, 자동차 제조에서 수성 코팅제에 대한 수요가 증가하고 있습니다. 수성 코팅제는 자동차의 내장, 외장 및 각종 부품에 사용됩니다.
지속가능한 제품에 대한 소비자 선호도:
지속가능성에 대한 인식과 인식이 높아짐에 따라 소비자들은 환경에 미치는 영향을 최소화한 제품을 원하고 있습니다. 수성 코팅제는 환경 친화적인 제품으로 소비자들과 제조업체들이 선호하고 있습니다.
기술의 진보 :
코팅 기술의 지속적인 연구개발로 수성 코팅의 성능, 내구성 및 도포 특성이 향상되었습니다. 배합의 발전으로 수성 코팅제의 용도가 넓어지고 있습니다.
주요 과제
성능 문제:
수성 코팅제는 내구성, 내화학성, 내후성 등의 측면에서 솔벤트 기반 페인트에 비해 성능이 떨어질 수 있습니다. 수성 코팅제의 성능을 향상시키는 것은 수성 코팅제가 시장에서 널리 수용되기 위해 필수적입니다.
비용 측면 :
수성 코팅제는 용제 도료보다 비싸지만, 그 주요 원인은 원료 비용입니다. 제조업체는 품질에 타협하지 않고 비용 경쟁력을 높일 수 있는 방법을 찾아야 합니다.
건조 시간 및 경화 속도 :
수성 코팅제는 일반적으로 용제 도료에 비해 건조 시간이 깁니다. 생산 공정에서 효율성과 속도가 중요한 요소인 산업에서는 빠른 경화 및 건조 기술이 필수적입니다.
특정 산업에서의 제한적 적용:
중공업, 선박용 도료, 자동차 재도장 등 일부 산업 분야에서는 우수한 성능 특성으로 인해 용제형 도료를 선호하는 경우가 있습니다. 이러한 분야에서 수성 코팅제의 적용 범위를 확대하는 것이 과제입니다.
규제 준수 및 VOC 함량:
수성 코팅제는 일반적으로 솔벤트 기반 페인트에 비해 환경 친화적이라고 여겨지지만, 휘발성 유기화합물(VOC)을 함유하고 있는 경우가 있습니다. 엄격한 환경 규제를 충족하고 성능 저하 없이 VOC 함량을 줄이는 것이 과제입니다.
주요 동향
환경 규제 :
VOC 배출에 대한 규제가 강화되고 환경에 대한 관심이 높아짐에 따라 용제계 도료보다 VOC 함량이 적은 수성 도료가 보급되고 있습니다.
지속가능성:
친환경적이고 지속가능한 제품은 소비자와 기업에서 점점 더 많은 관심을 받고 있습니다. 이러한 지속가능성의 목적에 따라 수성 코팅제는 환경에 미치는 영향이 적기 때문에 권장되는 선택이 되고 있습니다.
기술 개발 :
지속적인 연구개발로 수성 코팅 기술의 성능, 내구성 및 도포 기능이 향상되고 있습니다. 여기에는 배합 방법과 수지 화학의 발전이 포함됩니다.
자동차 및 건축 분야:
수성 코팅제에 대한 수요는 특히 신흥 국가의 자동차 제조 및 건축 활동의 성장에 의해 주도되고 있습니다. 수성 코팅제는 내후성, 내식성, 미관상의 장점으로 인해 이러한 분야의 다양한 용도에 적합합니다.
수성 기술로의 전환:
소비자들은 점점 더 친환경적인 제품을 요구하고 있으며, 성능 향상과 규제 대응 등의 요인으로 인해 솔벤트 기반 도료에서 수성 코팅제로의 전환이 진행되고 있습니다.
The Waterborne Coatings Market size was valued at USD 80.4 Billion in 2023 and reach USD 122.2 Billion in 2031, and growing at a CAGR of 5.8% from 2024 to 2031. Water is used as a solvent in waterborne coatings to disperse a resin, making them eco-friendly and simple to use. It can be used to describe any complete or surface coating that uses water as a solvent to separate the resin that is put to it, which in turn forms the coating. Waterborne coatings can be made up of a variety of solvents combinations, including significant volumes of water and minor amounts of other solvents.
Waterborne Coatings are generally preferred over other conventional ones since these contain close to 80% water content, which makes them environmentally friendly. Waterborne coatings are often employed in the building & construction and automotive industry, which is supporting the Waterborne Coatings industry's growth.
The rapid growth of the building & construction and automotive industry has increased the demand for environmentally friendly waterborne coatings, which fuels the market growth.
The key market dynamics that are shaping the Waterborne Coatings Market include:
Key Market Drivers:
Environmental Regulations and Sustainability:
Increasing awareness of environmental concerns and stringent regulations regarding volatile organic compounds (VOCs) have driven the demand for waterborne coatings. Waterborne coatings typically have lower VOC levels compared to solvent-based coatings, making them more environmentally friendly.
Growing Construction Industry:
The construction industry's growth, particularly in residential and commercial infrastructure projects, boosts the demand for coatings. Waterborne coatings are favored for their low toxicity and environmental friendliness, making them a preferred choice in construction applications.
Automotive Sector Trends:
The automotive industry's emphasis on reducing emissions and adopting eco-friendly solutions has led to an increased demand for waterborne coatings in automotive manufacturing. These coatings are used for vehicle interiors, exteriors, and various components.
Consumer Preference for Sustainable Products:
With increasing awareness and consciousness about sustainability, consumers are seeking products that have minimal environmental impact. Waterborne coatings, being more eco-friendly, are preferred by consumers and manufacturers alike.
Technological Advancements:
Ongoing research and development in coating technologies have led to the improvement of waterborne coatings in terms of performance, durability, and application properties. Advancements in formulations have expanded the application areas of waterborne coatings.
Key Challenges:
Performance Issues:
Waterborne coatings may sometimes exhibit lower performance compared to solvent-based alternatives in terms of durability, resistance to chemicals, and weathering. Improving the performance of waterborne coatings is essential for broader market acceptance.
Cost Considerations:
Waterborne coatings can be more expensive than solvent-based coatings, primarily due to the cost of raw materials. Manufacturers need to find ways to enhance cost competitiveness without compromising quality.
Drying Time and Cure Speed:
Waterborne coatings typically have longer drying times compared to solvent-based counterparts. Rapid curing and drying technologies are crucial for industries where efficiency and speed are critical factors in the production process.
Limited Application in Certain Industries:
Some industries, such as heavy-duty industrial applications, marine coatings, and automotive refinishing, may still prefer solvent-based coatings due to their superior performance characteristics. Expanding the application scope of waterborne coatings in these sectors is a challenge.
Regulatory Compliance and VOC Content:
While waterborne coatings are generally considered environmentally friendly compared to solvent-based alternatives, they still may contain some volatile organic compounds (VOCs). Meeting stringent environmental regulations and reducing VOC content without compromising performance can be a challenge.
Key Trends:
Environmental restrictions:
Waterborne coatings, which have a lower VOC content than solvent-based coatings, are becoming popular as a result of stricter restrictions pertaining to VOC emissions and growing environmental concerns.
Sustainability:
Eco-friendly and sustainable products are gaining more and more attention from consumers and businesses. In keeping with these sustainability objectives, waterborne coatings are the recommended option because they are less damaging to the environment.
Technological Developments:
Constant research and development are improving the performance, durability, and application features of aqueous coating technology. This covers advancements in formulation methods and resin chemistry.
Automotive and Building Sectors:
The demand for waterborne coatings is driven by growth in the manufacturing of automobiles and building activities, especially in emerging nations. These coatings are appropriate for a variety of applications in these areas because they provide advantages like weatherability, corrosion resistance, and aesthetic appeal.
Transition to Water-Based Technologies:
Increasingly, consumers are demanding ecologically friendly products, and factors including enhanced performance and regulatory compliance are driving the transition from solvent-based coatings to waterborne coatings.
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
Here is a more detailed regional analysis of the global Waterborne Coatings Market:
Asia Pacific
China is globally recognized for its architectural boom. The demand for low-cost housing and commercial housing is the reason for the growth of waterborne coatings in recent years.
China's real estate sector has been growing rapidly with increased investment by the government. The growth in construction is expected to positively affect the paints & coatings market in the country.
The investments in the transportation sector increased in the near past. China's government invested around USD 72 Billion for constructing transportation projects, which include railways, highways, waterways, airports, and urban rail.
The investment plan would enhance the country's connectivity between the major cities, which helps for the wider economic and social development of the region.
In the automotive industry, the production of commercial vehicles and cars decreases. However, with the growth of electric vehicles, the demand for waterborne coatings is likely to help the region experience rapid growth.
North America
North America has stringent environmental regulations governing the use of coatings, especially regarding volatile organic compounds (VOCs). Waterborne coatings have lower VOC emissions compared to solvent-based coatings, making them more compliant with regulations. This regulatory pressure is driving the adoption of waterborne coatings in the region.
There's a growing awareness and concern about environmental issues among consumers and businesses in North America. This heightened environmental consciousness has led to increased demand for eco-friendly products, including waterborne coatings, which are perceived as more sustainable and environmentally friendly alternatives.
North American companies have been at the forefront of research and development in coating technologies. Significant investments in R&D have led to the development of advanced waterborne coating formulations that offer comparable performance to solvent-based coatings in terms of durability, adhesion, and finish. These advancements have bolstered the market share of waterborne coatings in the region.
The Global Waterborne Coatings Market is Segmented on the basis of Resin Type, End-User, And Geography.
Based on Resin Type, the market is bifurcated into Architectural Coating Resins, and Other Resins. Acrylic resins is expected to hold a major share. Acrylic resins imply benefits involving superior aesthetic looks and other chemical properties which makes them suitable to be used in various applications including construction, automotive, medical and marine among others. The growth of these industries further complements the growth of the acrylic resin segment.
Based on End-User, the market is bifurcated into Industrial, Wood, Architectural & Decorative, Automotive, and Others. Architectural & Decorative is predicted to hold the most significant CAGR in the forecast period. The increasing preference for architectural projects in the interior as well as the exterior design of residential and commercial buildings including exterior paints to protect from sunlight, rain, and wind, and in interiors involving sculptures, furniture, and wall paints among others has increased the demand for the architectural & decorative segment.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.