Technavio recognizes the following companies as the key players in Global Water-Soluble Paints Market 2015-2019: AkzoNobel, Asian Paints, Nippon, PPG Industries, Sherwin-Williams and Valspar.
Other Prominent Vendors in the market are: Axalta, Benjamin Moore, Berger Paints, Brillux, DAW Caparol, Diamond Vogel, Dulux Australia, Dunn Edwards, Jotun, Kansai, Materis, Meffert, Nippon and Tikkurila.
Commenting on the report, an analyst from Technavio’s team said: “Advances in technology concerning the production of water-soluble paints are expected to contribute to the growth of the market. Dow Chemicals has invented a new technology in the market called AVANSE MV-100. The AVANSE MV-100 resin has high-performance acrylic binders that are used to coat metal surfaces.”
According to the report, government regulations concerning the development of infrastructure are expected to increase the usage of water-soluble paints globally. The Clean Air Act of 1990 in the US makes it compulsory to reduce the VOC and HAP content levels in paints and coatings.
Further, the report states that manufacturing water-soluble paints with virtually zero VOC hinders market growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://www.technavio.com/report/global-water-soluble-paints-market-2015-2019
Technavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit- https://www.technavio.com/healthcare-chemicals-food-retail
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