Water-Soluble Paints Market - North America, Europe, EMEA, APAC : US, Canada, China, Germany, UK - Forecast 2023-2027

Published: Nov 2022 Pages: 186 SKU: IRTNTR74705

Water-Soluble Paints Market Forecast 2023-2027

The global water-soluble paints market size is forecast to increase by USD 11.04 billion at a CAGR of 5.93% between 2022 and 2027. Our report includes historic market data from 2017 to 2021.  The market's expansion hinges on various factors, notably the benefits provided by water-soluble paints, driven by their eco-friendliness and ease of use. Stringent regulations governing the use of solvent-based paints further propel market growth, emphasizing environmental sustainability and safety. Additionally, the flourishing real estate and construction industry sectors play a pivotal role, fueling demand for paints and coatings in both residential and commercial projects. These factors collectively drive the market forward, fostering innovation and sustainability in the paint and coatings industry.

 What will the Size of the Market be During the Forecast Period?

View the Bestselling Sample Report

Advancements in polymerization and polycondensation techniques have further enhanced their performance, making them the preferred choice for various applications. As the industry embraces sustainability, water-soluble paints have emerged as a key player, addressing concerns related to chemical emissions and promoting eco-friendly practices across the coatings sector. These coatings, formulated with latex, acrylics, and water-soluble resins, offer superior color retention and a glossy finish while remaining environmentally-friendly. With technological developments and the use of AI-powered tools, the industry is embracing environmental consciousness and meeting customer preferences for personalised color matching and custom-making paints, and textured finishes for various applications in paper packaging, electronics, and construction industries.

Market Segmentation by Application & Geography 

The water-soluble paints market is experiencing significant growth driven by the increasing demand for organic medium and environmentally-friendly coatings in various sectors such as the building & construction industry, infrastructure development, and the automobile sector. Factors such as rapid urbanization, stringent government policies aimed at reducing global warming and ozone depletion, and concerns over air quality and health-concerns problems are also driving the adoption of water-soluble resins and coatings. These paints offer several advantages, including color retention, corrosion resistance, and weathering capabilities, while addressing concerns related to toxicity, fire hazards, and VOC emissions associated with solvent-based coatings. With growing awareness and technological advancements, the market is witnessing a shift towards sustainable practices and eco-friendly solutions, emphasizing the importance of water-based coatings in the coatings industry.

By Application Insights

The architecture segment showed a gradual increase in market share from USD 10.91 billion in 2017 and will continue to grow by 2021, as indicated by market forecasting. Architectural water-soluble paints provide excellent corrosion and temperature resistance, durability, and low fire-hazard risks, in line with market trends. These protect buildings from moisture, ultraviolet (UV) radiation, and microbes. Globally, architectural water-soluble paints are increasing in popularity as they contain low concentrations of VOCs, highlighting market analysis and report findings. Stringent government regulations on reducing VOCs content have led to the development of resins with little or no solvents for producing films. Zero-VOC coalescents have also been developed. Stringent regulations on reducing emission levels have increased the use of water-soluble solvent based coatings in the architecture industry. Thus, growth in commercial and residential construction, the rising disposable income of the population, particularly in developing economies such as India, and the growing demand for eco-friendly paints due to stringent regulations will foster the market forecast through the architectural segment during the forecast period.

Get a glance at the market contribution of various segments  View PDF Sample

Architectural coatings, often known as exterior wall coatings and other coatings, are used in painting the interior and exterior of buildings. Architectural paints and coatings are mainly used in residential and commercial buildings, as observed through market trends and analysis. These are designed mainly for roof coatings, wall paints, or deck finishes. Architectural water-soluble paints protect indoor and outdoor architecture, besides improving their aesthetics, contributing to market analysis. Market research and influenced by rising investments in the construction sector and growth in demand for interior design services. Also, advancements in building designs will increase the demand for highly technical design development, shaping the market and forecasting. This will, in turn, increase the sales of the architecture segment during the forecast period.

Regional Insights

APAC is projected to contribute 46% by 2027. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market share of various regions View Sample PDF now!

The increasing production of automobiles and related components in APAC increases the demand for water-soluble paint, particularly in countries such as India and China. Key players operating in the regional water-soluble paint are strengthening their geographical presence to utilize business opportunities. The growth in the housing sector, rapid industrialization, and expansion of the architecture industry contribute to the growth of the water-soluble paint in APAC.

For instance, in November 2021, Asian Paints announced the expansion at the Ankleshwar plant in India. The Government of Gujarat has signed an MoU to start the anticipated expansion of paint, resin, and emulsion manufacturing capacity at its Ankleshwar plant in Gujarat. Such end-user expansions will positively influence the regional water-soluble paint during the forecast period.

Market Dynamics and Customer Landscape

The water-soluble paints market continues to evolve with advancements in polymerization and polycondensation, leading to the development of coatings with enhanced properties such as color retention, corrosion resistance, and adhesion. These coatings, formulated with water-soluble resins and water-borne coatings and waterborne alkyds, offer a glossy finish and are preferred for their environmentally-friendly nature, addressing ecological concerns associated with traditional organic solvents derived from petroleum. As rapid urbanization drives demand, stringent environmental restrictions encourage the adoption of water-based coatings, mitigating volatile organic compound (VOC) emissions and promoting sustainable practices like biodegradable binders in the coatings industry. With a focus on long-term impact and awareness of chemical emissions, the market emphasizes painting solutions that align with environmental sustainability and address emerging ecological concerns.

Key Driver 

The advantages offered by water-soluble paints are the key factor driving the global market growth. Water-soluble are extensively used in automobiles, buildings, construction, and medical and healthcare sectors. These water-soluble function as primers due to their excellent resistance to heat and abrasion, besides providing superior adhesion. Owing to their low-VOC content, such are environment-friendly and are increasingly used in hospitals. Water-soluble are less toxic and flammable due to their low levels of volatile organic chemicals (VOCs) and hazardous indoor air quality pollutants (HAP) emissions. This is the major factor for driving the during the forecast period.

Significant Trends

The expansion of manufacturing facilities by Companies will fuel the global market growth. Major Companies are increasingly focusing on expanding their production capacity for water-soluble by either expanding their production capacity of existing plants or opening new plants. For instance, in June 2022, Akzo Noble announced an investment in a new production line for water-based texture at its Songjiang site in Shanghai, China, to boost its capacity for producing more environment-friendly goods. Such expansions by Companies increase the production and sales of water-soluble, thereby accelerating the growth momentum of the in focus during the forecast period.

Major Challenge

The volatility in raw material prices is a major challenge to the market growth. The prices of raw materials used to manufacture water-soluble paints are highly unpredictable, mainly due to their high dependence on crude oil prices and natural forest products. Petrochemical feedstock required for manufacturing most coatings includes binders and solvents, such as polyesters, alcohols, and epoxy resins. Crude oil and natural gas are the basic raw materials used for producing binders. Fluctuations in global crude oil prices will have a direct impact on the cost of feedstock which is expected to negatively impact the growth of the market during the forecast period.

Market Customer Landscape

The research report includes the adoption lifecycle of the industry, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their strategies.

Global Market Customer Landscape

Who are the Major Market Companies?                                     

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Akzo Nobel NV - The company offers water-soluble paints such as Dulux Paint Mixing Weathershield Smooth Masonry Paint.

The market report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Akzo Nobel NV
  • Asian Paints Ltd.
  • Axalta Coating Systems Ltd.
  • BASF SE
  • Berger Paints India Ltd.
  • Berkshire Hathaway Inc.
  • Brillux GmbH and Co. KG
  • Chenyang Group Ltd.
  • DAW SE
  • Diamond Vogel
  • Dunn Edwards Corp.
  • Eco Safety Products
  • Kansai Paint Co. Ltd.
  • Meffert AG Farbwerke
  • Nippon Paint Holdings Co. Ltd.
  • NIPSEA Group

Qualitative and quantitative analysis of Companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize Companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize Companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview 

This market is a pivotal segment within the paint industry and the broader paint manufacturing sector. These environmentally friendly paints offer an alternative to traditional solvent-based coatings, aligning with the growing demand for eco-friendly coatings and sustainable paints. As waterborne paints gain traction, they find applications in architectural coatings, industrial coatings, and both interior and exterior paints. With a focus on reducing volatile organic compounds (VOCs), manufacturers develop low-VOC paints through innovative paint formulations and paint technology. A comprehensive analysis of paint market trends and paint market analysis reveals significant market growth, reflecting the shift toward more environmentally conscious and sustainable painting solutions.

Significant growth driven by the increasing demand for environmentally-friendly coatings in various sectors such as the building and construction industry and the automobile sector. Factors such as rapid urbanization, stringent government policies aimed at reducing global warming and ozone depletion, and concerns over air quality and health problems are also driving the adoption of water-soluble resins and coatings. These paints offer several advantages, including colour retention, adhesive,  corrosion resistance, and weather resistance capabilities, while addressing concerns related to toxicity, fire hazards, and VOC emissions associated with solvent-based coatings. With growing awareness and technological advancements, the market is witnessing a shift towards sustainable practices and eco-friendly solutions, emphasizing the importance of water-based coatings in the coatings industry. The water-soluble paints also find applications in medical and commercial sectors, offering abrasion resistance and adhesion properties, further fueling market growth.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook
    • Architecture
    • General
    • Automotive
    • Wood
    • Others 
  • Product Outlook
    • Polyacrylate-based/acrylic
    • Polyester-based
    • Alkyd-based
    • Epoxy-based
    • Epoxy ester-based
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Scope

Report Coverage

Details

Page number

186

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.93%

Market growth 2023-2027

USD 11.04 billion

Market structure

Fragmented

YoY growth (%)

5.04

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 46%

Key countries

US, China, India, Germany, and UK

Competitive landscape

 Leading Companies , Market Positioning of Companies , Competitive Strategies, and Industry Risks

Key companies profiled

Akzo Nobel NV, Asian Paints Ltd., Axalta Coating Systems Ltd., BASF SE, Berger Paints India Ltd., Berkshire Hathaway Inc., Brillux GmbH and Co. KG, Chenyang Group Ltd., DAW SE, Diamond Vogel, Dunn Edwards Corp., Eco Safety Products, Kansai Paint Co. Ltd., Meffert AG Farbwerke, Nippon Paint Holdings Co. Ltd., NIPSEA Group, PPG Industries Inc., RPM International Inc., Sika AG, and The Sherwin Williams Co.

Market dynamics

Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our market growth analysis report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View Sample PDF sample

What are the Key Data Covered in this Market Research and Growth Report?

  • CAGR of the market during the forecast period.
  • Detailed information on factors that will drive the market growth and forecasting between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the market in focus on the parent market.
  • Accurate predictions about upcoming trends and changes in consumer behavior.
  • Growth of the market industry across APAC, Europe, North America, Middle East and Africa, and South America.
  • A thorough analysis of the market’s competitive landscape and detailed information about companies.
  • Comprehensive analysis of factors that will challenge the growth of market companies.

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global water-soluble paints market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global water-soluble paints market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Architecture - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Architecture - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Architecture - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Architecture - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Architecture - Year-over-year growth 2022-2027 (%)
    • 6.4 General - Market size and forecast 2022-2027
      • Exhibit 38: Chart on General - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on General - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on General - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on General - Year-over-year growth 2022-2027 (%)
    • 6.5 Automotive - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 6.6 Wood - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Wood - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Wood - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Wood - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Wood - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Application
      • Exhibit 54: Market opportunity by Application ($ million)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 55: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 56: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 57: Chart on Comparison by Product
      • Exhibit 58: Data Table on Comparison by Product
    • 7.3 Polyacrylate-based/acrylic - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Polyacrylate-based/acrylic - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Polyacrylate-based/acrylic - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Polyacrylate-based/acrylic - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Polyacrylate-based/acrylic - Year-over-year growth 2022-2027 (%)
    • 7.4 Polyester-based - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Polyester-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Data Table on Polyester-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Chart on Polyester-based - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Polyester-based - Year-over-year growth 2022-2027 (%)
    • 7.5 Alkyd-based - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Alkyd-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on Alkyd-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on Alkyd-based - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Alkyd-based - Year-over-year growth 2022-2027 (%)
    • 7.6 Epoxy-based - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Epoxy-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Epoxy-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Epoxy-based - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Epoxy-based - Year-over-year growth 2022-2027 (%)
    • 7.7 Epoxy ester-based - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Epoxy ester-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on Epoxy ester-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on Epoxy ester-based - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Epoxy ester-based - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by Product
      • Exhibit 79: Market opportunity by Product ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 80: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 81: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 82: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 83: Chart on Geographic comparison
      • Exhibit 84: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 85: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 93: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 101: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 105: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 107: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 109: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 110: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 111: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 112: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 113: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 114: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 115: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 116: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 India - Market size and forecast 2022-2027
      • Exhibit 117: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 118: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 119: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 120: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 121: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 122: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 123: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 124: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 125: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 126: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 127: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 128: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 129: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 130: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 131: Matrix on vendor position and classification
            • 12.3 Akzo Nobel NV
              • Exhibit 132: Akzo Nobel NV - Overview
              • Exhibit 133: Akzo Nobel NV - Business segments
              • Exhibit 134: Akzo Nobel NV - Key news
              • Exhibit 135: Akzo Nobel NV - Key offerings
              • Exhibit 136: Akzo Nobel NV - Segment focus
            • 12.4 Asian Paints Ltd.
              • Exhibit 137: Asian Paints Ltd. - Overview
              • Exhibit 138: Asian Paints Ltd. - Business segments
              • Exhibit 139: Asian Paints Ltd. - Key offerings
              • Exhibit 140: Asian Paints Ltd. - Segment focus
            • 12.5 Axalta Coating Systems Ltd.
              • Exhibit 141: Axalta Coating Systems Ltd. - Overview
              • Exhibit 142: Axalta Coating Systems Ltd. - Business segments
              • Exhibit 143: Axalta Coating Systems Ltd. - Key offerings
              • Exhibit 144: Axalta Coating Systems Ltd. - Segment focus
            • 12.6 BASF SE
              • Exhibit 145: BASF SE - Overview
              • Exhibit 146: BASF SE - Business segments
              • Exhibit 147: BASF SE - Key news
              • Exhibit 148: BASF SE - Key offerings
              • Exhibit 149: BASF SE - Segment focus
            • 12.7 Berger Paints India Ltd.
              • Exhibit 150: Berger Paints India Ltd. - Overview
              • Exhibit 151: Berger Paints India Ltd. - Product / Service
              • Exhibit 152: Berger Paints India Ltd. - Key offerings
            • 12.8 Berkshire Hathaway Inc.
              • Exhibit 153: Berkshire Hathaway Inc. - Overview
              • Exhibit 154: Berkshire Hathaway Inc. - Business segments
              • Exhibit 155: Berkshire Hathaway Inc. - Key news
              • Exhibit 156: Berkshire Hathaway Inc. - Key offerings
              • Exhibit 157: Berkshire Hathaway Inc. - Segment focus
            • 12.9 Brillux GmbH and Co. KG
              • Exhibit 158: Brillux GmbH and Co. KG - Overview
              • Exhibit 159: Brillux GmbH and Co. KG - Product / Service
              • Exhibit 160: Brillux GmbH and Co. KG - Key offerings
            • 12.10 DAW SE
              • Exhibit 161: DAW SE - Overview
              • Exhibit 162: DAW SE - Product / Service
              • Exhibit 163: DAW SE - Key offerings
            • 12.11 Diamond Vogel
              • Exhibit 164: Diamond Vogel - Overview
              • Exhibit 165: Diamond Vogel - Product / Service
              • Exhibit 166: Diamond Vogel - Key offerings
            • 12.12 Dunn Edwards Corp.
              • Exhibit 167: Dunn Edwards Corp. - Overview
              • Exhibit 168: Dunn Edwards Corp. - Product / Service
              • Exhibit 169: Dunn Edwards Corp. - Key offerings
            • 12.13 Kansai Paint Co. Ltd.
              • Exhibit 170: Kansai Paint Co. Ltd. - Overview
              • Exhibit 171: Kansai Paint Co. Ltd. - Business segments
              • Exhibit 172: Kansai Paint Co. Ltd. - Key offerings
              • Exhibit 173: Kansai Paint Co. Ltd. - Segment focus
            • 12.14 Nippon Paint Holdings Co. Ltd.
              • Exhibit 174: Nippon Paint Holdings Co. Ltd. - Overview
              • Exhibit 175: Nippon Paint Holdings Co. Ltd. - Business segments
              • Exhibit 176: Nippon Paint Holdings Co. Ltd. - Key offerings
              • Exhibit 177: Nippon Paint Holdings Co. Ltd. - Segment focus
            • 12.15 PPG Industries Inc.
              • Exhibit 178: PPG Industries Inc. - Overview
              • Exhibit 179: PPG Industries Inc. - Business segments
              • Exhibit 180: PPG Industries Inc. - Key offerings
              • Exhibit 181: PPG Industries Inc. - Segment focus
            • 12.16 Sika AG
              • Exhibit 182: Sika AG - Overview
              • Exhibit 183: Sika AG - Product / Service
              • Exhibit 184: Sika AG - Key offerings
            • 12.17 The Sherwin Williams Co.
              • Exhibit 185: The Sherwin Williams Co. - Overview
              • Exhibit 186: The Sherwin Williams Co. - Business segments
              • Exhibit 187: The Sherwin Williams Co. - Key news
              • Exhibit 188: The Sherwin Williams Co. - Key offerings
              • Exhibit 189: The Sherwin Williams Co. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 190: Inclusions checklist
                • Exhibit 191: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 192: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 193: Research methodology
                • Exhibit 194: Validation techniques employed for market sizing
                • Exhibit 195: Information sources
              • 13.5 List of abbreviations
                • Exhibit 196: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              water-soluble paints market

              QUICK BUY

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis