According to Grand View Research, the global waterborne coatings market size was valued at $53.32 billion in 2017 and is anticipated to progress at a CAGR of 5.7 percent from 2017 to 2025. The market is anticipated to be driven by the increasing construction spending and restoration activities in emerging economies of Latin America and Asia Pacific.
Waterborne coatings have gained a significant space and recognition globally predominantly due to the improving economic conditions and low environmental impact of these coatings. Waterborne formulations hold a major share of the overall market accounting for over 50 percent of the total volume consumed globally.
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