Water-Based Barrier Coatings Market Size, Share & Trend Analysis By Component, By Coating Material, By Aspects of Coatings, By Barrier Type, By Process, By End Use, Regional Outlook, Competitive Tactics, and Segment Forecast to 2030

Water-Based Barrier Coatings Market Size, Share & Trend Analysis By Component, By Coating Material, By Aspects of Coatings, By Barrier Type, By Process, By End Use, Regional Outlook, Competitive Tactics, and Segment Forecast to 2030

Category : Chemical & Industrial Material Reports | Delivery Format : PDF,PPT | Publisher: Reports and Insights | Pages : 270+

Water-Based Barrier Coatings Market Overview:

As per Reports and Insights Analysis, the water-based barrier coatings market is expected to grow at a CAGR of 5.9% during the forecast period of 2022 to 2030.

 Water-Based Barrier Coatings Market Research Report 2023

The substrate surface is sealed with water-based barrier coatings, which also shield the package from internal and external forces. The package maintains its appeal and can carry out its purpose without limitations. Barrier coatings provide adequate protection for the duration of the packing against fat, water, water vapor, dairy products, alcohol, oil, and alkali, depending on the product. They are employed in a variety of applications because of their adaptability. For the paper sector, package converters, and printers, barrier coatings are available.

This market study on the global water-based barrier coatings market aims to cover market dynamics such as market drivers, challenges/restraints, and opportunities for the market players. It will also cover market segmentation outlook, water-based barrier coatings market trend, regional outlook, water-based barrier coatings market size, and market share, as well as industry and product insights, SWOT analysis, Porter's five force analysis, PESTEL analysis, heat map analysis, market forecast, and the major players operating in the water-based barrier coatings market.

Scope of the Report:

Report Metric

Report Details

Market size available for the years

2022-2030

Base year

2021

Forecast Period

2022-2030

Segments Covered

By Component, By Coating Material, By Aspects of Coating, By Barrier Type, By Process, By End Use, and By Region

Regions Covered

North America, Latin America, Europe, Asia Pacific, Middle East, and Africa

Key Players

ACTEGA, ALTANA Group, BASF SE, CH-Polymers Oy, Cortec, H.B. Fuller Company, Huber Group, Imerys, Kuraray Co. Limited, Michelman Inc., Paramelt, Schill+Seilacher GmbH, Solenis, Sonoco Products Company, and Stora Enso

 

Water-Based Barrier Coatings Market Drivers: Amplified usage in the End-Use Industry

The expanding use of water-based barrier coatings across numerous end-use industries, including building and construction, paper, and packaging, is one of the major factors anticipated to fuel the expansion of the global market for these coatings. The increasing need for water-based barrier coatings in automotive, electrical, and electronic applications is another factor projected to propel the expansion of the global market for these coatings. There is a rise in the awareness of ecologically friendly coating materials as a result of various government policies and regulations.

Water-Based Barrier Coatings Market Restraints: Erratic VOC Regulations

A patchy Volatile Organic Compounds (VOC) regulation for water-based barrier coatings could make the sector even more difficult to expand. Most laws are designed to lessen coatings' VOC emissions. Regulations such as REACH and LEED GreenSeal GC-03 2nd Ed. specify coatings' VOC concentration in grams per liter (g/L). Manufacturers of maritime coatings are under pressure to lower VOC levels while still attempting to enhance or maintain coating quality and performance as a result of these mandates.

Water-Based Barrier Coatings Market opportunities: Adoption of barrier coating by the End User industry

Prominent manufacturers are focusing on offering barrier coatings for packaging with enhanced properties such as high moisture vapor resistance, recyclability, and robust strength retention. Various end-use industries rapidly adopt barrier coatings for packaging with such characteristics. Overall, the global water-based barrier coatings are projected to expand with an outstanding CAGR during the forecast period.

Additionally, increased investment in the building and construction sector in developing countries as well as the maritime industry's rapid expansion are predicted to offer several opportunities for significant rivals in the target market to increase their income.

Water-Based Barrier Coatings Market, by Components:

Based on the Component, the global water-based barrier coatings market is segmented into; Additives, Binders, Fillers, and Water.

Water-Based Barrier Coatings Market, by Coating Material:

Based on the Coating Material, the global water-based barrier coatings market is segmented into; Biodegradable Polymers, Dispersions (Containing Hydrophobic Monomers), and Polyester-Based Coatings.

Water-Based Barrier Coatings Market, by Aspects of Coatings:

Based on the Aspects of Coating, the global water-based barrier coatings market is segmented into; Visual appearance (glossy, neutral, satin, matt), Heat sealability, Release properties, High wet block resistance, High scuff resistance, Heat resistance, Recyclability, Food law compliance according to region.

Water-Based Barrier Coatings Market, by Barrier Type:

Based on the Barrier Type, the global water-based barrier coatings market is segmented into; Fat, Gas and Aroma, Grease, Moisture/Water Vapour, Oil, Water, and Others.

Water-Based Barrier Coatings Market, by Process:

Based on the process, the global water-based barrier coatings market is segmented into; Sheet-fed offset, Flexo printing, Gravure printing, Range of coaters (roller, spray, curtain, slot die, rod, blade, air knife, knife over roll coater).

Water-Based Barrier Coatings Market, by End Use:

Based on the End Use, the global water-based barrier coatings market is segmented into; Bakery products, Detergents, Drinking cups, Ice cream cups & cones, Packaging, Paper plates, Pet food, Prepared meals/salads/sandwiches, Printing, Trays, Wrappers, and Others.

Water-Based Barrier Coatings Market, by Region:

Due to cheap labor costs and readily available raw materials, the Asia Pacific region's manufacturing industry is flourishing and is a major driver of the market expansion for water-based barrier coatings. The market for architectural coatings is anticipated to increase as the region's middle-class population expands and living standards rise. The market for water-based barrier coatings is anticipated to be primarily driven by the rise in environmental friendliness as well as government investment efforts in infrastructure and industrial sectors in China and India.


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Frequently Asked Questions

The water-based barrier coatings market is estimated to reach at a value of US$ *** Mn by the end of 2022 and expected to reach at a value of US$ *** Mn by 2030 with a significant CAGR of 5.9%.

The base year for the report is 2021 in water-based barrier coatings market.

water-based barrier coatings market is segmented on the basis of type, function, component, end-use, and region.

The major players in the global water-based barrier coatings market include; ACTEGA, ALTANA Group, BASF SE, CH-Polymers Oy, Cortec, H.B. Fuller Company, Huber Group, Imerys, Kuraray Co. Limited, Michelman Inc., Paramelt, Schill+Seilacher GmbH, Solenis, Sonoco Products Company, and Stora Enso amongst others.



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