Key Waterborne Coating Market Players:
The waterborne coating market is very competitive, with the top players being multinational companies such as PPG Industries, Akzo Nobel, and Sherwin-Williams, among others, capturing more than 19% of the global share. These players are increasing R&D in the direction of durable coating with low-VOC levels and extended wear. Japanese firms such as Nippon Paint and Kansai Paint are taking advantage of regional domination and expanding to Southeast Asia. New entrants in India and South Korea are investing in green technologies and local scale-up. Strategic initiatives include joint ventures, innovations in green chemistry, and M&A specialty coatings in anticipation of the new environmental safety measures and changes in consumer preferences.
Top Global Manufacturers in the Waterborne Coating Market:
|
Company Name |
Estimated Market Share (%) |
Country of Origin |
|
PPG Industries, Inc. |
7.6% |
USA |
|
Akzo Nobel N.V. |
6.8% |
Netherlands |
|
Sherwin-Williams Company |
7.8% |
USA |
|
BASF Coatings GmbH |
5.4% |
Germany |
|
Axalta Coating Systems Ltd. |
3.7% |
USA |
|
Jotun Group |
xx% |
Norway |
|
Asian Paints Ltd. |
xx% |
India |
|
RPM International Inc. |
xx% |
USA |
|
DuluxGroup Ltd. |
xx% |
Australia |
|
Axalta Coating Systems Ltd. |
xx% |
USA |
|
Berger Paints India Ltd. |
xx% |
India |
|
Noroo Paint & Coatings Co., Ltd. |
xx% |
South Korea |
|
KCC Corporation |
xx% |
South Korea |
|
Nippon Paint Holdings Co., Ltd. |
xx% |
Japan |
|
Kansai Paint Co., Ltd. |
xx% |
Japan |
|
SK Kaken Co., Ltd. |
xx% |
Japan |
|
Shin-Etsu Chemical |
xx% |
Japan |