Water-based Resins Market Size, Share, By Type (Acrylic, Epoxy, Polyester, Polyurethane, Alkyd, Hybrid, and Others), By Application (Paints & Coatings, Adhesives & Sealants, Elastomers, and Others), and By Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis and Forecast till 2034

Report Code: PMI541624 | Publish Date: July 2024 | No. of Pages: 185

Water Based Resins Market Share

The Water-based Resins Market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. 

The paint and coatings industry's technological breakthroughs and strict environmental rules requiring zero-emission coatings in the region make North America an essential market for water-based resins. Due to large manufacturers, strict environmental restrictions, and rising demand for environmentally friendly adhesives and coatings, the North American region—specifically the United States and Canada—represents a sizeable market for water-based resins.

Because of several government efforts and assistance, the Asia-Pacific region dominates the water-based resins market, which is seeing an increase in industrial and building activity. Market expansion in the Asia-Pacific region is also anticipated to be fueled by rising construction activity and significant corporations moving their manufacturing centers there. China is a significant customer in this region because of its emphasis on sustainable development and government rules.