Waterborne
coatings are coatings that contain around 80% water and small
quantities of other solvents such as glycol ethers, which are applied
to a surface to disperse a resin. Due to its water content, these
coatings are. Waterborne coatings possess properties such as low VOC,
very low odor, and non-flammability, along with high water content,
making it eco-friendly and easy to apply. Waterborne coatings dry at
a very fast rate and can be re-coated as well.
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Waterborne
coatings are used in a myriad of applications, considering properties
that make it a perfect primer such as high resistance to heat and
abrasion, excellent adhesion, as well as low toxicity and
flammability due to low VOC levels and HAP emissions. The U.S. and
Europe are very stringent about regulations on coatings, accepting
the widespread use of waterborne coatings as they have a VOC content
of less than 3.5 pounds per gallon of water. Relatively small amounts
of waterborne coatings are capable of covering large surface areas as
compared to equal quantity of solvent-borne coatings.
Acrylic-based
waterborne coatings is the fastest-growing type of resin. This is due
to increasing demand for these resins in architectural and automotive
applications. Regions such as Asia Pacific, South America, the Middle
East, and Africa are experiencing rampant urbanization. This has led
to increasing infrastructural developments in commercial,
residential, and industrial sectors, in turn increasing the demand
for architectural coatings in these regions The low interest housing
loans in the Asia Pacific region, is the key factor driving growth of
the waterborne coatings market for architectural applications.
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Waterborne
Coatings Market Outlook – Asia Pacific is the largest, and
fastest-growing region in waterborne coatings market
Asia-Pacific
is the largest and fastest-growing region in the global waterborne
coatings market. The growing construction and automotive end-use
industries is the major driving factor for growth of the waterborne
coatings market in the region, with India and China being the key
growth engines. As per stats released by Indian Brand Equity
Foundation—part of the Department of Commerce, Ministry of Commerce
and Industry, Government of India—the real estate market is
expected to be valued at US$ 180 billion by 2020.
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