Waterborne Coating companies

  • Report ID: 3887
  • Published Date: Oct 07, 2025
  • Report Format: PDF, PPT

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

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

The waterborne coating market size was USD 1.5 billion in 2025.

The global waterborne coating market size was USD 1.5 billion in 2025 and is likely to reach USD 3.1 billion by the end of 2035, expanding at a CAGR of 7.8% over the forecast period, i.e., 2026-2035.

PPG Industries, Inc., Akzo Nobel N.V., Sherwin-Williams Company, and BASF Coatings GmbH are some key players in the market.

The architectural coatings segment is expected to hold a leading share during the forecast period.

The Asia Pacific waterborne coating sector is poised to hold a 42.2% share by the end of 2035.
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